Giga Watt token launch
egetror (34) в token • 8 мecяцeв нaзaд
This is a part of GIGAWATTS white paper... fulll text here
https://www.dropbox.com/s/291czssov8m311f/GigaWattWhitePaper964-revised_8.docx?dl=0Token Launch Details Token Launch Overview Our goal is to offer the token holders access to both an exciting new world of technology and the cryptocurrency mining business. Generally, mining turnover is comprised of three components: (i) electricity cost; (ii) mining hosting cost; and (iii) mining net profits. Net profits on mining equipment, while costs are constant and predictable and consume the lion’s share of the potential profits. This infographic is an example based on the calculations from April 28, 2017. The numbers may vary significantly due to the rate fluctuations, mining difficulty increase, and other factors. Under the existing partnership arrangements between Giga Watt and its Partner, the Partner is offered access to Giga Watt's facility at an unprecedentedly low hosting rate, which significantly increases mining rewards. Now, through the tokenization process, this low hosting rate can be passed to all token holders. Each Giga Watt Project 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. So to provision and use your mining equipment rent-free, you will need to purchase the number of tokens equal to your equipment's 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. In fact, it could be compared to membership in an elite private mining club. Giga Watt's hosting fee typically consists of effective electricity cost, maintenance fee and rental fee. Token owners pay zero rent, which drastically reduces their ongoing costs: their hosting fee is comprised only of effective electricity cost and maintenance fee. To be used, tokens should be deposited in the token holder’s account with Partner placed on Giga Watt’s website
