⚡⛏️[ANN] Giga Watt: Best Home for your Mining. Starts today! - page 3.

chip1982

full member

Activity: 204

Merit: 101

Quote from: cryptoDahu on November 21, 2018, 12:36:50 PM

https://www.coindesk.com/bitcoin-mining-firm-giga-watt-declares-bankruptcy-owing-millions

ERROR: Withdraw operations for currency btc blocked by administration.

GigaGreed is finally done and once again we were informed by the outside press. Although I took a hard hit I'm glad it's over......

Coins locked. Guess we won't even be able to get our miners.......

cryptoDahu

newbie

Activity: 20

Merit: 0

https://www.coindesk.com/bitcoin-mining-firm-giga-watt-declares-bankruptcy-owing-millions

ERROR: Withdraw operations for currency btc blocked by administration.

jambo110

legendary

Activity: 1311

Merit: 1003

Quote from: ZedZedNova on November 08, 2018, 12:42:13 AM

Quote from: jambo110 on October 26, 2018, 04:52:44 AM

Just switched off my Antminer L3's today as they are currently unprofitable. Angry

So I got that same email and was too busy to deal with it right away. When I did get around to looking at things I wanted to see how bad it was. Well, it turns out that there must have been some kind of outage on 25-October because there was a gap in rewards from 03:13 hours until 20:25 hours, then a bunch of rewards between 20:27 hours to 20:44 hours. The final total for the day was ~35% below the previous days and the subsequent days. Additionally, there was some weird behavior with the hosting fees such that the charges were ~50% higher than usual based on previous and subsequent days.

The semi-colon separated values file that you can download with the hosting fees, mining rewards, and wtt rental earnings was hard on the eyes so I wrote some python 3 code to break it down for me such that I have one line per day that shows all three values and a final column that shows me the net. It's not ready for prime time, but when it is I'll post the code here. It's about 20 lines of code, excluding blank lines and comments.

Interesting, get on it.

ZedZedNova

sr. member

Activity: 475

Merit: 265

Ooh La La, C'est Zoom!

Quote from: jambo110 on October 26, 2018, 04:52:44 AM

Just switched off my Antminer L3's today as they are currently unprofitable. Angry

So I got that same email and was too busy to deal with it right away. When I did get around to looking at things I wanted to see how bad it was. Well, it turns out that there must have been some kind of outage on 25-October because there was a gap in rewards from 03:13 hours until 20:25 hours, then a bunch of rewards between 20:27 hours to 20:44 hours. The final total for the day was ~35% below the previous days and the subsequent days. Additionally, there was some weird behavior with the hosting fees such that the charges were ~50% higher than usual based on previous and subsequent days.

The semi-colon separated values file that you can download with the hosting fees, mining rewards, and wtt rental earnings was hard on the eyes so I wrote some python 3 code to break it down for me such that I have one line per day that shows all three values and a final column that shows me the net. It's not ready for prime time, but when it is I'll post the code here. It's about 20 lines of code, excluding blank lines and comments.

jambo110

legendary

Activity: 1311

Merit: 1003

Quote from: ZedZedNova on October 27, 2018, 04:35:50 PM

Quote from: jambo110 on October 27, 2018, 04:05:29 PM

Quote from: SatyrA on October 27, 2018, 02:06:49 PM

Quote from: jambo110 on October 26, 2018, 04:52:44 AM

Just switched off my Antminer L3's today as they are currently unprofitable. Angry

Are they covered by WTT? Fully covered L3 is profitable ( hosting fee consumes ~70-80% reward).

I have L3 miners and shed loads of WTT they became unprofitable so ive switched them off as advised by gigawatt.
Im not sure how to switch them back on now as it says they are now under repair

I would imagine that if you want to power up the miner(s) you can open a support case/ticket.

Yeah, Cheers Zed, ill get on to it in the next couple of days.

SatyrA

newbie

Activity: 172

Merit: 0

Giga Watt is in very unstable condition. If they will not manage to sell pods or company share they become bankrupts. Any unavoidable debt claim and GW is dead.

cryptoDahu

newbie

Activity: 20

Merit: 0

you can disconnect hardware with this link
https://giga-watt.com/hardware

ZedZedNova

sr. member

Activity: 475

Merit: 265

Ooh La La, C'est Zoom!

Quote from: jambo110 on October 27, 2018, 04:05:29 PM

Quote from: SatyrA on October 27, 2018, 02:06:49 PM

Quote from: jambo110 on October 26, 2018, 04:52:44 AM

Just switched off my Antminer L3's today as they are currently unprofitable. Angry

Are they covered by WTT? Fully covered L3 is profitable ( hosting fee consumes ~70-80% reward).

I have L3 miners and shed loads of WTT they became unprofitable so ive switched them off as advised by gigawatt.
Im not sure how to switch them back on now as it says they are now under repair

I would imagine that if you want to power up the miner(s) you can open a support case/ticket.

jambo110

legendary

Activity: 1311

Merit: 1003

Quote from: SatyrA on October 27, 2018, 02:06:49 PM

Quote from: jambo110 on October 26, 2018, 04:52:44 AM

Just switched off my Antminer L3's today as they are currently unprofitable. Angry

Are they covered by WTT? Fully covered L3 is profitable ( hosting fee consumes ~70-80% reward).

I have L3 miners and shed loads of WTT they became unprofitable so ive switched them off as advised by gigawatt.
Im not sure how to switch them back on now as it says they are now under repair

SatyrA

newbie

Activity: 172

Merit: 0

Quote from: jambo110 on October 26, 2018, 04:52:44 AM

Just switched off my Antminer L3's today as they are currently unprofitable. Angry

Are they covered by WTT? Fully covered L3 is profitable ( hosting fee consumes ~70-80% reward).

jambo110

legendary

Activity: 1311

Merit: 1003

Just switched off my Antminer L3's today as they are currently unprofitable. Angry

Jeantheboy

member

Activity: 72

Merit: 10

I love argumentation.

Quote from: tusandii on October 25, 2018, 04:36:48 AM

Quote from: Hunterwolfie on October 20, 2018, 08:44:18 AM

https://www.seattletimes.com/business/pioneer-of-eastern-washington-cryptocurrency-boom-falls-on-hard-times/

A year ago, Giga Watt was the golden child of the state’s bitcoin boom. Today, the company faces huge debts and angry investors, while the cryptocurrency sector is caught up in a massive price correction. Last month, beset by millions of dollars in debt, ongoing legal problems and questions about its unconventional financing, Giga Watt laid off 80 percent of its staff and suspended all construction. Carlson himself stepped down in August.

Shocked

whooha scary article, so are we going to have this token with no value? or the project still continue

Your question can't be answered? The project in going on, in spite of the serious difficulties; however, if FUD goes on, the token will diminish in price. I do believe that there is still value in this project. But I can see that many people are selling their holdings. I personally keep holding, and I think that the team we have now can make a difference.

tusandii

hero member

Activity: 1652

Merit: 521

Leading Crypto Sports Betting & Casino Platform

Quote from: Hunterwolfie on October 20, 2018, 08:44:18 AM

https://www.seattletimes.com/business/pioneer-of-eastern-washington-cryptocurrency-boom-falls-on-hard-times/

A year ago, Giga Watt was the golden child of the state’s bitcoin boom. Today, the company faces huge debts and angry investors, while the cryptocurrency sector is caught up in a massive price correction. Last month, beset by millions of dollars in debt, ongoing legal problems and questions about its unconventional financing, Giga Watt laid off 80 percent of its staff and suspended all construction. Carlson himself stepped down in August.

Shocked

whooha scary article, so are we going to have this token with no value? or the project still continue

Hunterwolfie

full member

Activity: 294

Merit: 101

https://www.seattletimes.com/business/pioneer-of-eastern-washington-cryptocurrency-boom-falls-on-hard-times/

A year ago, Giga Watt was the golden child of the state’s bitcoin boom. Today, the company faces huge debts and angry investors, while the cryptocurrency sector is caught up in a massive price correction. Last month, beset by millions of dollars in debt, ongoing legal problems and questions about its unconventional financing, Giga Watt laid off 80 percent of its staff and suspended all construction. Carlson himself stepped down in August.

Shocked

server

legendary

Activity: 892

Merit: 1002

1 BTC =1 BTC

Quote from: Jeantheboy on October 18, 2018, 01:51:31 PM

Quote from: server on October 18, 2018, 01:41:48 PM

Quote from: Jeantheboy on October 18, 2018, 09:57:42 AM

Quote from: server on October 18, 2018, 09:12:58 AM

It's a scam.

The guys behind this are scammers.

From day 1 they stole mining hardware from their customers.

GigaWatt is not a scam. Propagating FUD when it comes to a company that has a workable plan to overcome their current difficulties is highly damaging.
George Turner is a trustworthy project manager. Check this out from min 5:10 on:
https://www.ncwlife.com/gwata-tv-giga-watt/

Stop spreading falsities.

They stole 10x S9 asicminers from me.
I dropshipped the miners in September 2017 and bought WTT tokens in June 2017 but Giga-watt never installed my hardware.

And I'm not the only one they scammed.

I am positive that it's a serious matter of mismanagement.
You should definitely try to get in touch with George Turner.
With all my heart, I suggest you do that.

I think "George Turner" knows... and his solution is turning off mining hardware of the customers.

server

legendary

Activity: 892

Merit: 1002

1 BTC =1 BTC

Quote from: server on October 18, 2018, 01:41:48 PM

Quote from: Jeantheboy on October 18, 2018, 09:57:42 AM

Quote from: server on October 18, 2018, 09:12:58 AM

It's a scam.

The guys behind this are scammers.

From day 1 they stole mining hardware from their customers.

GigaWatt is not a scam. Propagating FUD when it comes to a company that has a workable plan to overcome their current difficulties is highly damaging.
George Turner is a trustworthy project manager. Check this out from min 5:10 on:
https://www.ncwlife.com/gwata-tv-giga-watt/

Stop spreading falsities.

They stole 10x S9 asicminers from me.
I dropshipped the miners in September 2017 and bought WTT tokens in June 2017 but Giga-watt never installed my hardware.

And I'm not the only one they scammed.

And YES, I like to RUB it in as much as I can Kiss

Jeantheboy

member

Activity: 72

Merit: 10

I love argumentation.

Quote from: server on October 18, 2018, 01:41:48 PM

Quote from: Jeantheboy on October 18, 2018, 09:57:42 AM

Quote from: server on October 18, 2018, 09:12:58 AM

It's a scam.

The guys behind this are scammers.

From day 1 they stole mining hardware from their customers.

GigaWatt is not a scam. Propagating FUD when it comes to a company that has a workable plan to overcome their current difficulties is highly damaging.
George Turner is a trustworthy project manager. Check this out from min 5:10 on:
https://www.ncwlife.com/gwata-tv-giga-watt/

Stop spreading falsities.

They stole 10x S9 asicminers from me.
I dropshipped the miners in September 2017 and bought WTT tokens in June 2017 but Giga-watt never installed my hardware.

And I'm not the only one they scammed.

I am really sorry for what's happening to you.
It's a serious matter of mismanagement.
You should definitely try to get in touch with George Turner.
With all my heart, I suggest you do that.

Jeantheboy

member

Activity: 72

Merit: 10

I love argumentation.

Quote from: d3nz on October 18, 2018, 01:37:28 PM

Quote from: Jeantheboy on October 18, 2018, 08:51:35 AM

Quote from: crypto-dude on October 18, 2018, 02:22:28 AM

Quote from: Wedhus123 on October 17, 2018, 12:00:16 PM

Quote from: d3nz on October 17, 2018, 11:57:10 AM

What is happening now to Giga-Watt? Only 6. of my WTT tokens are being rented out.

This is very alarming and not profitable, Also WTT Token is less than $1 which is bad for the market and no any updates on their development.

WTT not registered at Coinmarketcap? I searched for WTT on the list I didn't find,
is this a dead project? I can't imagine that Giga Watt is a dead project

It is apparently a scam. Is there any place to sell these useless tokens? or wait for class lawsuit against them?

It is not a scam.
Check this out:
https://medium.com/@gigawatt/giga-watt-restructuring-and-policy-changes-e8cc05a309d9

And be patient; off course, if you still want to support the project. I will.

I think WTT tokens will be profitable after a year.

If you have bought more than 10k tokens are holding it until now then you're losing too much, Obviously we need to support them but how? Market volume is below $2k USD which is very bad.

Hey d3nz,
we need to get George Turner to have the token listed on KuCoin or at least Cryptopia.
Other exchanges that you can think of?

server

legendary

Activity: 892

Merit: 1002

1 BTC =1 BTC

Quote from: Jeantheboy on October 18, 2018, 09:57:42 AM

Quote from: server on October 18, 2018, 09:12:58 AM

It's a scam.

The guys behind this are scammers.

From day 1 they stole mining hardware from their customers.

GigaWatt is not a scam. Propagating FUD when it comes to a company that has a workable plan to overcome their current difficulties is highly damaging.
George Turner is a trustworthy project manager. Check this out from min 5:10 on:
https://www.ncwlife.com/gwata-tv-giga-watt/

Stop spreading falsities.

They stole 10x S9 asicminers from me.
I dropshipped the miners in September 2017 and bought WTT tokens in June 2017 but Giga-watt never installed my hardware.

And I'm not the only one they scammed.

d3nz

sr. member

Activity: 1372

Merit: 264

Quote from: Jeantheboy on October 18, 2018, 08:51:35 AM

Quote from: crypto-dude on October 18, 2018, 02:22:28 AM

Quote from: Wedhus123 on October 17, 2018, 12:00:16 PM

Quote from: d3nz on October 17, 2018, 11:57:10 AM

What is happening now to Giga-Watt? Only 6. of my WTT tokens are being rented out.

This is very alarming and not profitable, Also WTT Token is less than $1 which is bad for the market and no any updates on their development.

WTT not registered at Coinmarketcap? I searched for WTT on the list I didn't find,
is this a dead project? I can't imagine that Giga Watt is a dead project

It is apparently a scam. Is there any place to sell these useless tokens? or wait for class lawsuit against them?

It is not a scam.
Check this out:
https://medium.com/@gigawatt/giga-watt-restructuring-and-policy-changes-e8cc05a309d9

And be patient; off course, if you still want to support the project. I will.

I think WTT tokens will be profitable after a year.

If you have bought more than 10k tokens are holding it until now then you're losing too much, Obviously we need to support them but how? Market volume is below $2k USD which is very bad.

Topic: ⚡⛏️[ANN] Giga Watt: Best Home for your Mining. Starts today! - page 3. (Read 203277 times)