what facilities will be accesable for me if I buy 100 tokens?
If I understood it a right way tokens give the access to cheap power but not to miners i.e it is some kind of discounts on the cost of electricity. is ithis correct
Hello,
whichever ones are currently allowing customers to reserve power in them
so, having only tokens I still need to buy/bring miner?
Yes.
what??! i thought if i buy tokens i buy a mining contract?! why do i still need 2 buy miner, also how is that possible?
also how can i decide what to mine? and where will i receive the mined coins?
We produce WTT token.
Each Giga Watt Token (WTT) represents the right to use the Giga Watt processing center's capacity, rent-free for 50 years, to accommodate 1 Watt's worth of mining equipment power consumption. Token owners can use this capacity to accommodate their own miners or to rent it out to other users. Essentially, this is access to professional mining – with an extraordinarily low entrance threshold.
Number of tokens required to accommodate one miner depends on its power consumption.
For example:
PandaMiner B3 Plus
1,250 W + 10% = 1,375 tokens
Giga Watt mines all scalable cryptocurrencies: BTC, LTC, ETH/MONERO/ZCASH/DASH. The decision of what currency to mine is made by the customers who own the mining equipment. But at this stage it is technically impossible to offer all of these options to retail customers. We are working on the solution, and hope that in the future this option will be offered. At this point retail customers can mine only BTC, ETH, and LTC.
All decisions on what to mine is up to you.
Token rental fees and mining rewards are accrued daily.
Payments are paid in cryptocurrency only: BTC, ETH or LTC.
We do not charge transaction fees but Bitcoin, Ethereum, and Litecoin networks do.
