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Topic: ⚡⛏️[ANN] Giga Watt: Best Home for your Mining. Starts today! - page 131. (Read 203299 times)

member
Activity: 98
Merit: 10
member
Activity: 98
Merit: 10
What's this?

http://www.livebitcoinnews.com/giga-watt-bitcoin-mining-operation-infringes-bitmains-name-logo/

Looks like targeted bad press. It's dated January 22, so some things could've changed already, but is this true? CEO is Dave Carlson and the logo is different so at least they fixed that.
As always, the truth lies somewhere in the middle. Lawyers can sometimes be too hasty and territorial in their response. This was a regrettable combination of simple misunderstanding, bad timing and unfortunate circumstances

can you expand on this? i think a bit more transparency would go a long way here.
i'm very interested in this ico but the accusations are pretty strong.

can you please tell us more, i'm interested in knowing your side of the story.
thank you
To our regret, Giga Watt is not at liberty to disclose any details of the situation.
newbie
Activity: 15
Merit: 0
What's this?

http://www.livebitcoinnews.com/giga-watt-bitcoin-mining-operation-infringes-bitmains-name-logo/

Looks like targeted bad press. It's dated January 22, so some things could've changed already, but is this true? CEO is Dave Carlson and the logo is different so at least they fixed that.
As always, the truth lies somewhere in the middle. Lawyers can sometimes be too hasty and territorial in their response. This was a regrettable combination of simple misunderstanding, bad timing and unfortunate circumstances

can you expand on this? i think a bit more transparency would go a long way here.
i'm very interested in this ico but the accusations are pretty strong.

can you please tell us more, i'm interested in knowing your side of the story.
thank you
member
Activity: 98
Merit: 10
FAQ is out! We tried to accumulate most of our clients' questions in one place.
https://cryptonomos.com/wtt/faq
member
Activity: 98
Merit: 10
Giga Watt WTT Token Referral Program

Hi!
Are you into blockchain?
How about your buddies?
Maybe they would be too if they knew more about it?

We want everybody to be into blockchain!
Join our referral program - help us spread the word and get your rewards.

How it works
  • Create your Cryptonomos account and your personal referral link will be posted on your account
  • Log into your account at https://cryptonomos.com/profile and get your personal referral link
  • Tell your friends about the crypto world - share the news, interesting projects and ongoing token launches: get them excited about blockchain!
  • Send the referral link to Cryptonomos registration to those of your friends who are curious.
  • Receive rewards for tokens your friends buy on Cryptonomos.

Referral Program Rules
Absolutely NO:
  • Context advertising mentioning your brand
  • Autoreferral, in which the referring party and their referred party are one and the same
  • Sms spam
  • Messenger spam
  • Social media spam
  • E-mail spam
  • Forum spam (mass personal messages, repeated posts/threads)
Any attempts to cheat the system will result in immediate account ban and loss of earned funds

YES, allowed and welcome:
  • Referral link sent to friends via messengers
  • Referral link in your accounts on social media
  • Signatures on forums
  • Articles and blog reviews
  • Youtube videos about the project
  • Banners (available in your account dashboard) https://cryptonomos.com/referral
  • Mentions of the project in blockchain social media groups (no overposting!)
  • Paid advertising (except context advertising mentioning your brand)


Reward 5%, based on the number of tokens purchased by your friends


Attention!
Please don't mix up Bounty and Referral programs.
Bounty terms will be announced on Monday.
In Bounty program, you will need to book your participation through email. Rewards will be given our for the following completed actions: Bitcointalk post tranlation, White Paper and FAQ translation + announcing it on forums.
member
Activity: 98
Merit: 10
What's this?

http://www.livebitcoinnews.com/giga-watt-bitcoin-mining-operation-infringes-bitmains-name-logo/

Looks like targeted bad press. It's dated January 22, so some things could've changed already, but is this true? CEO is Dave Carlson and the logo is different so at least they fixed that.
As always, the truth lies somewhere in the middle. Lawyers can sometimes be too hasty and territorial in their response. This was a regrettable combination of simple misunderstanding, bad timing and unfortunate circumstances
sr. member
Activity: 265
Merit: 250
What's this?

http://www.livebitcoinnews.com/giga-watt-bitcoin-mining-operation-infringes-bitmains-name-logo/

Looks like targeted bad press. It's dated January 22, so some things could've changed already, but is this true? CEO is Dave Carlson and the logo is different so at least they fixed that.
member
Activity: 98
Merit: 10
I can do Malaysian translation. Send msg me if im accepted. Tks!
Hungarian translation reserved.

We will announce bounty shortly!
member
Activity: 118
Merit: 100
I can do Malaysian translation. Send msg me if im accepted. Tks!
member
Activity: 98
Merit: 10
Exciting news! Giga Watt is arranging a roundtable discussion “Bitcoin for under $500. Reality for a Personal Miner and a Major Investor” at Consensus 2017. Meet you in Hudson/Empire room at New York Marriott Marquis at 3 PM on Tuesday, May 23 - http://www.coindesk.com/events/consensus-2017/agenda/

On the program:
Mining for dummies
Dave Carlson - CEO, Giga Watt
A cryptominer's thorny path: high entrance threshold, economic dependence on price and investment surges, high power rates, hidden costs, and other unforeseen obstacles. Cryptomining leaves no room for error, and the key question is how can someone with just a thousand – or several million dollars – succeed in it. Come and learn if you can still mine successfully from home, which cryptocurrencies you should choose, and what it costs to mine nowadays.

Mining facility for pennies
Daria Generalova - Head of PR&Communications, Cryptonomos
Tokenization of cryptomining infrastructure and minimization of mining costs is the name of the game. Come and learn if it's possible to build a long-term business on mining, how you can get into professional mining with just several thousand dollars to shell out, how to further slash costs in large-scale mining, and how to generate income from cryptomining even if you aren't into mining yourself.
member
Activity: 98
Merit: 10
Is the price of the coin $ 1-2? It's a high price! What are your chances of offering some reward program?
Starting price of tokens is 1-1,2$. We are planning a small bounty program which will be announced in all our resources:
Cryptonomos.com/wtt
https://t.me/wtt_token
https://bitcointalksearch.org/topic/ann-giga-watt-best-home-for-your-mining-starts-today-1914900
sr. member
Activity: 758
Merit: 250
Is the price of the coin $ 1-2? It's a high price! What are your chances of offering some reward program?
member
Activity: 98
Merit: 10
How often you will pay to me? And how?
Token rental fees and mining rewards are accrued daily.
Giga Watt's customers receive their mining rewards and their WTT token rental fees in BTC, ETH or LTC (rental fees are calculated based on the current exchange rate of BTC, ETH or LTC to USD). The funds can be transferred from your Giga Watt account to any external wallet in BTC/ETH/LTC at any time. In the future we intend to offer a wire transfer option for transfer of over USD 1,000.


Ok I see.. so has anyone been there? I saw Open  House dates, but just wanna ask


Giga Watt held first Open House tour as a test on May 15th, 8 people came. However, there was no filming/shooting agreement signed, and they didn't upload any pictures themselves. Next Open House tour is public, we will have a photo report.
newbie
Activity: 3
Merit: 0
How often you will pay to me? And how?
Token rental fees and mining rewards are accrued daily.
Giga Watt's customers receive their mining rewards and their WTT token rental fees in BTC, ETH or LTC (rental fees are calculated based on the current exchange rate of BTC, ETH or LTC to USD). The funds can be transferred from your Giga Watt account to any external wallet in BTC/ETH/LTC at any time. In the future we intend to offer a wire transfer option for transfer of over USD 1,000.


Ok I see.. so has anyone been there? I saw Open  House dates, but just wanna ask
member
Activity: 98
Merit: 10
member
Activity: 98
Merit: 10
So what happens if i buy tokens that are too much for my rig/rigs but not enough for next rig? Can i rent it out even though it's not enough to power single rig.

In short let's say i bought tokens for 1500W, and host some hypotetical miner which eats 1100W. So what can i do with left over 400W. Can i rent those 400W out, can i get like partial discount for next rig - 400W cheap price, 700W higher price. Let's assume i use bigger rigs and not low power Baikals.

Thanx!
Thank you for your question.
If you have too much tokens you can rent them out in any amount.
If you  have not enough tokens you can rent them through Giga Watt website: giga-watt.com.
sr. member
Activity: 1078
Merit: 255
So what happens if i buy tokens that are too much for my rig/rigs but not enough for next rig? Can i rent it out even though it's not enough to power single rig.

In short let's say i bought tokens for 1500W, and host some hypotetical miner which eats 1100W. So what can i do with left over 400W. Can i rent those 400W out, can i get like partial discount for next rig - 400W cheap price, 700W higher price. Let's assume i use bigger rigs and not low power Baikals.

Thanx!
member
Activity: 98
Merit: 10
How do we know this won't be another disaster like paycoin?

Giga Watt is a real life project created by David Carlson and his team. Giga Watt tokens offer the right to use the actual existing data processing facilities. Twice a month Giga Watt holds an Open House which you are welcome to attend and see with your own eyes that Giga Watt is a legitimate business. To sign up for our Open House go to https://cryptonomos.com/wtt/#openHouse.

It's very good news . I will follow this project . so do you intend to sell the miners for mining? if yes. this token should be used for this project ?


Thank you! Yes, Giga Watt is already selling miners. All the information about the mining equipment can be found here:https://giga-watt.com/promo/prices
Tokens will give you ability to host your miners with reduced hosting fees, as well as rent them out to other miners to receive rental income.
member
Activity: 98
Merit: 10

@Dev team - what do you plan to do with the unsold tokens - BURN?
Tokens are issued after sales - not purchased will not be released.

Can you clarify this please? What do you mean the unsold tokens won't be released? They will not be burnt? If they are not burnt, where will they be placed and who will own them? It will negatively impact the value of the tokens that are actually sold.

There will not be any additional WTT tokens except the ones that are raised through Token Launch. So there will be nothing to "burn". The first facilities are already build and are running. New Giga Pods are currently being constructed using own money, that's why any amount of WTT tokens can be released to public. Did that clarify your question?

Thanks for replying, but Im still confused. Let's say $5,000,000 is raised through the crowdsale. I guess this means that 5,000,000 tokens will be sold, as each token is equal to $1. Does that mean that only 5,000,000 tokens will be created, instead of 30,000,000?

If it happens that there will be only $5,000,000 raised, then there will be 5,750,000 tokens released - extra 15% are for the team and partners.
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