Author

Topic: ⚡⛏️[ANN] Giga Watt: Best Home for your Mining. Starts today! - page 135. (Read 203347 times)

member
Activity: 98
Merit: 10
Hello,
Thank you for your questions.

Quote
so how does this work exactly, say i invest 0.1btc i get around 170 tokens, i can rent out the tokens for about 60$ /year, but what if the "rental fee" changes?


Rental fee changes depending on who you will rent out your tokens to. Otherwise the rental fee will not change.
From 170 tokens you will receive from 62.55$ to 96.05$ annually depending on what rental fee you will choose.

Quote
and if i want it to mine for myself, how will it work? can i say what i want it to mine? cause btc mining is not worth it anymore is it?

Tokens themselves don't actualy mine for you, instead they will allow you to generate rental income.
 
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 the miners would be able to generate good income, even Bitcoin Smiley

Quote
will this token give me lifelong access to the mining power of the tokens`?if yes how does ur company make a living ?

You are buying WTT token. WTT token is an Ethereum token representing the right to use the Giga Watt's facility's capacity, rent-free for 50 years, to accommodate 1 Watt's worth of mining equipment power consumption. Essentially, this is access to professional mining – with an extraordinarily low entrance threshold. In fact, it could be compared to membership in an elite private mining club.

For every 100 tokens sold in this Token Launch 15 additional tokens will be issued and retained for the team, partners and advisors: 10 tokens to be distributed to team members, and 5 to be retained for distribution to partners and advisors at issuer’s discretion. Consequently, for every 100 tokens sold, 115 Watts of facility's capacity is put into operation. Giga Watt also makes money on maintenance and emergency repairs.
newbie
Activity: 34
Merit: 0
looking good investment..waiting new info from dev team
newbie
Activity: 33
Merit: 0
It sounds interesting. I will follow this thread  and wait for ICO project launching.
hero member
Activity: 882
Merit: 500
Everything you want, is everything you need.
anyone who already did a review & thorough investigation & research on this project & its members? if you have, share to see the legitimacy.

30 million tokens at a price of $1.00 - $1.20 > with 85% to be sold to ICO & 15% retained be developers.


@Dev team - what do you plan to do with the unsold tokens - BURN?
legendary
Activity: 1526
Merit: 1012
Is there any news about the bounty already ? Keep us updated please )))

Nothing mentioned about signature or social media bounties AFIAK OP has plan to think about bounty for translation. I also think it would be great to reserve some portion for these bounties and it would help a lot to attract more people by spreading the words.
sr. member
Activity: 392
Merit: 250
so how does this work exactly, say i invest 0.1btc i get around 170 tokens, i can rent out the tokens for about 60$ /year, but what if the "rental fee" changes?

and if i want it to mine for myself, how will it work? can i say what i want it to mine? cause btc mining is not worth it anymore is it?

will this token give me lifelong access to the mining power of the tokens`?if yes how does ur company make a living ?
legendary
Activity: 1162
Merit: 1000
Good luck and I waiting on token sale Smiley
member
Activity: 98
Merit: 10
sr. member
Activity: 756
Merit: 259
Is there any news about the bounty already ? Keep us updated please )))
full member
Activity: 140
Merit: 100
Never too old to learn
if thi is legit i will buy 10k token then
hero member
Activity: 602
Merit: 500
@cryptonomos  If you need Russian translation, contact me via PM please
member
Activity: 98
Merit: 10
I was all excited and stuff when I read the title (I am an old miner) and then realized it's a pre-sale token Sad

Don't worry, if you do not get a chance to become part of pre-sale on May 19th, you can always participate in the ICO just 2 weeks later Smiley

WTT Token Offering:
START June 2, 2017 at 12:00 PM PDT
END July 31, 2017 12:00 PM PDT
full member
Activity: 140
Merit: 100
Never too old to learn
indonesian bounty for me please..
sr. member
Activity: 350
Merit: 250
I was all excited and stuff when I read the title (I am an old miner) and then realized it's a pre-sale token Sad
sr. member
Activity: 770
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
Very interesting project, and i like to hear that the sun (source of hydroelectric power) gives the energy for this, hand in hand with nature, this is the future. Smiley
member
Activity: 98
Merit: 10
Quote
If you are so Long in business, why do you have a newbie account?

1. Dave Carlson also has an account here. His account is VIP Sr. Member status. I am a newbie, indeed - I have not been in blockchain for so long yet, but I am in charge of forum and telegram channel. We could, of course, post from Dave's account, but that means we would need to distract him from building facilities and all other updates; we don't want to let future tokenholders down on the ICO dates.

Quote
If I buy, let's say 1000 Tokens, what would be the hash power (eg. SHA256) I woul get for them?

Tokens themselves do not have hash power. We got 2 products:
  • Tokens - 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.
  • Mining - Giga Watt facilities where you can accomodate your miners, or buy miners right from us. More information can be found here: https://giga-watt.com/promo/plans

interesting concept... but I don't get what I get from the token, the right to use Giga Watt processing center's capacity?? what does it mean? that I can rent the miner there and use for 1 watt per token? 1 watt of electricity will cost me $1? Isn't that way too expensive?

I really don't understand what I really buy the tokens for, just an illusion that I own something in the virtual world?

Owning 1 WTT token gives you permanent access to 1 watt of power of Giga Watt facilities. WTT tokens offer you the opportunity to build your own flexible business: In the next 50 years you will be free to choose what works best for you – to mine cryptocurrencies personally or to rent out your tokens and receive steady income. Here are advantages you will get from buying tokens:

-Owning the world's first token supported by production capacity;
-Tokens offer access to the facilities of one of the largest crypto mining service providers in USA.
-WTT tokens can be used from the very first date of issue.
-Facility has a 50-year lifecycle (compared to 2.5 years for miners, due to constant increase in mining difficulty)
-Opportunity to receive income from renting tokens out to others rather than engage in mining personally.

sr. member
Activity: 616
Merit: 251
Quote
If you are so Long in business, why do you have a newbie account?

1. Dave Carlson also has an account here. His account is VIP Sr. Member status. I am a newbie, indeed - I have not been in blockchain for so long yet, but I am in charge of forum and telegram channel. We could, of course, post from Dave's account, but that means we would need to distract him from building facilities and all other updates; we don't want to let future tokenholders down on the ICO dates.

Quote
If I buy, let's say 1000 Tokens, what would be the hash power (eg. SHA256) I woul get for them?

Tokens themselves do not have hash power. We got 2 products:
  • Tokens - 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.
  • Mining - Giga Watt facilities where you can accomodate your miners, or buy miners right from us. More information can be found here: https://giga-watt.com/promo/plans

interesting concept... but I don't get what I get from the token, the right to use Giga Watt processing center's capacity?? what does it mean? that I can rent the miner there and use for 1 watt per token? 1 watt of electricity will cost me $1? Isn't that way too expensive?

I really don't understand what I really buy the tokens for, just an illusion that I own something in the virtual world?
member
Activity: 98
Merit: 10
Quote
If you are so Long in business, why do you have a newbie account?

1. Dave Carlson also has an account here. His account is VIP Sr. Member status. I am a newbie, indeed - I have not been in blockchain for so long yet, but I am in charge of forum and telegram channel. We could, of course, post from Dave's account, but that means we would need to distract him from building facilities and all other updates; we don't want to let future tokenholders down on the ICO dates.

Quote
If I buy, let's say 1000 Tokens, what would be the hash power (eg. SHA256) I woul get for them?

Tokens themselves do not have hash power. We got 2 products:
  • Tokens - 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.
  • Mining - Giga Watt facilities where you can accomodate your miners, or buy miners right from us. More information can be found here: https://giga-watt.com/promo/plans
member
Activity: 98
Merit: 10
Quote
i think the pizza was bought for 10,000 BTC.....not 5,000...

it was 2 pizzas for 5,000 BTC each  Smiley

Quote
Are you trying to scale up the mine

Sorry, what did you mean by that?
hero member
Activity: 711
Merit: 500
Are you trying to scale up the mine
Jump to: