Topic: ⚡⛏️[ANN] Giga Watt: Best Home for your Mining. Starts today! - page 25. (Read 203311 times)

In my opinion, most of the bad reviews are written to get a lower price of the token.

So many talking trash in this thread.

They are not selling anything bevor February, checkout the Telegram channel.

Also, I just noticed that GigaWatt.sg is still selling miners today, in January, promising deployment in the December batch... wow that's both incredibly deceitful because those miners never did get deployed in December, even when bought in Oct/Nov and incredibly lazy that they haven't even taken 10 minutes to update their web page.

I've bought batch 4 WTT and a PandaMiner in early July, a few days after their recent cutoff date for WTT release. My miner was supposed to be deployed in September. It is not yet deployed. More recently I bought WTT off EtherDelta and trnasfered it to my GigaWatt account, where at the lowest rate it is about 58-66% rented on average. I also bought two more miners in November that said December deployment. These are also still not deployed. I even emailed them mentioning that I have the WTT to back all of my miners and do not need to await the batch 4 token release. Support responded and said my two newest ones are delayed until late Jan/Feb but my Panda miner should be operational and they will check in to it. Haven't heard back from them in almost two weeks. Dashboard still says zero miners. I'm actually starting to worry....

I currently rent 75% at the lowest price.
I think 100$ for one token is possible because people who speculate on the price are not interested in whether the token has any real value. With such a small number of tokens in circulation, it is extremely easy to get a high price.
And repeat again: For giga watt at this point, the token price is not important because their buildings have already been built. The company exists and earns money.
More customers without token = more profit.
At this moment, Giga watt looking for other purpose for miners to use it at different field (Cloud Gaming, Machine Learning, CGI Rendering)

I wish I had the time I used to, but I can't find the answer anywhere so if it's been asked and answered sorry for cluttering the thread.

Are you able to rent out all of your tokens currently? I have it set to lowest rate and still only 61% rented out, and percentage only drops if I raise price. It's been like this for awhile now I just haven't had the time to look into it and thought they were just in the process of upgrading the facilities and deploying new miners ect. but it's been a few weeks. Anyone else having this issue and anyone know the reason?

Thanks

I saw that live and was thinking it would be Dave and Giga Watt but instead some noob electrician. Dave has been through the downturns, CNBC really should have interviewed him if they wanted to understand the mining industry not just get a look at a mine to draw viewers. Pretty lame and disappointing but par for the course when it comes to mainstream media and Bitcoin.

That's unfortunatly the way I'm starting to feel. I know this isn't paycoin or any scam near that level but I've seen enough to know that when something doens't look right it usually turns out to be a scam. They are selling miners for Jan and Feb Deployment but they haven't deployed older orders and won't be able to deploy those. Taking money from people and not being straight with them on the timeline for deployment is shady.
On the other hand a scam wouldn't have delays, because it's a scam they would just pump and dump. So it's really not fair to call them a scam, however they aren't being upfront with customers so I do worry about financial problems. For now I'm taking their word for it, having dealt with UL in the past it's not a fast process to put it nicely, and I don't know Washington State but it took me 5 months to get a permit to build a deck on my house in PA lol. So it's not time to call it a scam but it is time for more transparency from Giga Watt.
And people speculating on prices going to $100 are crazy, this isn't a pump and dump. It's the only utility token with an actual purpose and value but that value is capped. It's also real so even during selloffs WTT has real value behind it and it won't go down nearly as much and will payout more coins if renting and chase out miners with higher electricity costs lowering difficulty for those mining. So there's a limit to the upside but also to the downside of the price of WTT which makes it the only stable investment in cryptoland I know of, as long as they aren't having financial problems and blaming Underwriter Labs and local permits.
Has anyone that ordered a miner last year, say September to December, had it deployed?

Newbies like Gigawatt so much... I remember they also loved ZeusMiner back in time. Guy was praising ZeusHash a day before they closed - because he felt like love them.

And Paycoins. I remember very similar words for Paycoin. It will grow forever - just because of ...

I withdrew my miners from there. They ship out - I can not deny, this works fine (so far?).

When they go bankrupt from the law suite (the owner already has experience going bankrupt - so he knows how to do this right    ), or anything else there in a pipeline - I will loose only coins.

I will try to sell them at EtherDelta...

I understand your calculations. it is pure mathematics. However, I think that it is not completely correct because electricity prices have always increased and will always grow. Second point,  for example, the government may prohibit mining at home. There are various scenarios.
In March WTT tokens will be added on the next stock exchange. And whether we want it or not, people will make money from them, sell / buy.
The user's role of the token ended when you bought it at ICO.
Then you got the oportunity of getting a very low price of elektricity, of course, if you will not sell tokens, and Giga watt got money for build the construction what will allow you to cheap mining.
At this stage, every miner got his cheap tokens. constructions have been built and already exist. if you keep and never sell your token, you will save a lot of money on energy. however, if you will sell, then giga watt will earn more money.

you can ask: Why would the token be expensive?
Why are hundreds of other expensive tokens being useless?
for example: ZCL. I bought for 2$ a few months ago. I sold for 200$
Why prices explode?  Becouse the whole crypto market is one big speculation and greed is the nature of man.

Agree there is a max value of the token. Still $30 is very high (include risks), will sell everything  

If poeple invest they will look like 5 years invest at front and not 50 years, then roi is very low, depending how you vaue wtt after the periode. Still big investment for mining. So psychologici i think also around $5.

Quite simply because you need 0.005 ETH in your account in order to pay the transaction fee to cover the WTT transfer.

Thanks cuteman. I know you are spot on to GW side. But i need your input so i dont to the edge of calling it scam. I can inheart the situation and non scam leads, beside many dissapiontments.

It lives and will grow to the word for sure. Nice pics btw. Little ice good for cooling 

Txs for updating the form with facts, tumbs up !

Yes.  In future GW may list on other exchanges as well, but i don't expect this in near months.

thanks for the answer. that the only one exchange where you can sell and buy real WTT tokens is EtherDelta?




Wenatchee rules 

HitBTC sells only  IOY tokens - futures.  You can buy them now, but you will get them only after the last wtt batch will be released somewhere in March.

CNBS just recorder a video about GW town - Wenatchee  


Why one small Washington town has seen so many bitcoin miners move in ?
- Low-cost electricity has brought dozens of bitcoin miners to the small town of Wenatchee, Washington.
- Cool temperatures also help keep the necessary servers at the right temperature.

A small town three hours east of Seattle is turning into the epicenter of bitcoin mining in the United States.

Wenatchee, Washington is home to a dozen of the largest bitcoin and cryptocurrency miners in the country. And the head of the local power utility, Steve Wright, says another 75 have inquired about coming here since the price of bitcoin surged in December.

https://www.cnbc.com/2018/01/11/wenatchee-washington-and-the-bitcoin-gold-rush.html

Where did you see 5 usd??    It was never more than 2.5 usd - at that was long time ago.

usually It is always below $2.

All what we need, is put token on large exchanges.
This token has a real value because you exchange it for energy, that's why it will attract for buyers who, through speculation, will raise its price
All your calculations are based on current costs. Energy will always be more expensive. Servicesin companes like giga watt will always raise fees for customer. I'm sure that giga watt planned his project in such a way that there is still a lot of room for customers who do not have tokens because in this way they earns more. The customers who bought the coins in pre-sell  paid for the construction, this is the reason why  they got a cheap electricity as a gift.
From the giga watt point of view, the token can be very expensive because it will make more customers without tokens and they will pay more for use of giga watt services.

When all the mainers will installed and they locate their tokens in the giga watt, there will be small amount coins in circulation and the demand will soon increase the price of the token.
giga watt will become an easy tool for speculation because the number of coins in circulation will be very small

In my opinion it is last time for buy becouse around april/may  price will rise up

Btw I have question. On the coinmarketcap I see two exchanges available for giga watt tokens. EtherDelta and HitBTC. Why is so big difrent in price? on the first one 1.6$ and second one 3$
on both of them you can sell and buy WTT without a problem?

P.S. i hope it is clear becouse english is my third language

Hello, are you able to sell your wtt token because I try to sell them too