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Topic: ⚡⛏️[ANN] Giga Watt: Best Home for your Mining. Starts today! - page 43. (Read 203299 times)

newbie
Activity: 47
Merit: 0

Thanks,  I've heard different numbers.  This seems to be about $13.95 per day per machine.  I've heard people saying that their L3 rigs get about $26 per day.  Lots of difference, it will be interesting to see what it really is after all the costs. It seems that it will be about 8-9 months before we break even but will still have the tokens. Perhaps I'm wrong with my math and assumptions.

sr. member
Activity: 475
Merit: 265
Ooh La La, C'est Zoom!
... [deleted]... Good luck with your..."investment".

Why thank you. And let me thank you for caring.  Kiss
full member
Activity: 238
Merit: 105
So are these guys a scam?
I'm wanting to invest big money here.
No , they are NOT scam, but have BIG delays.

Today my L3 miner finally started to mine there  Wink   2 month delay means $600 loss.   Sad But I am not completely upset. Smiley



They very well could've been mining with your hardware this whole time. So yeah, even though not a scam in the classic sense of the word, thieves nonetheless. Why do people insist on giving these people and others like them money? It's like you wanna be scammed.

To give trolls like you someone to put down so you can feel better about yourself. Really, I'm truly surprised that you didn't know that. Roll Eyes I mean it must be really hard living with yourself being so perfect and all, never making a mistake, never being scammed, never having to trust anyone. Sure is gonna suck for you when you move out of mommy's and daddy's basement and have to survive on your own, having to trust people you don't know. It's gotta be tough for a snowflake like you to get over never being quite sure if the tart taste in the tea you just ordered is actually lemon.  Grin

In the business world, people trying to do new things are taking risks, and risk means that there is a chance of failure. But what it means even more is that if successful, it can be wildly successful and wildly profitable. Investors know this.

In that business world financing comes from multiple places. When the entrepreneur uses up all of their money they go to the three "F"s: Family, Friends, and Fools. Every investor in those three categories knows full well that their investment may disappear tomorrow, just like these crypto currencies we all so love. What they also do is go into these investments knowing what they are doing. If they have done their research and due diligence. They also do not risk their entire life savings. NEVER invest more than you can afford to lose on any investment. If you are betting the money you need to pay the bills this month on a high risk investment, or any investment for that matter, that's a problem, but not for me. That's your problem, and unless it directly affects me, well, I just can't be bothered.

I've invested what I can reasonably afford to lose in Giga-Watt. If it all goes to zero, well, that'll suck for me, but it won't be the end of the day for me, either. So far there have been delays, yes, but given the nature of the enterprise that Giga-Watt is setting up, they are not completely unexpected. I am earning a return now by renting my WTT tokens, and to date I have earned 5.26% on my investment (comprised of tokens and one miner that is yet to be installed). That would be 6.31%, but the price BTC has dropped significantly, which impacts the value of my earnings directly as token rental is paid in the coin the miner "using" the token mines. Token rental to BTC miners makes up the lion's share of my rental income. I am receiving hourly payouts in BTC, ETH, LTC, and DASH. There is the possibility to receive ZEC, but to date I have not been paid any ZEC.



The only reason you took the time and effort to write this wall of text is due to being insecure about an investment you made which will probably result in you getting fucked over. This is a way of patting yourself on the back and making peace with your risky (lol) investment. On top of the insecurity, you've also added a hint of post-purchase rationalization. You already seem to have accepted your fate, since you felt the need to mention that you've invested only what you can lose. Que Sera, Sera, amirite? Good luck with your..."investment".
sr. member
Activity: 475
Merit: 265
Ooh La La, C'est Zoom!
So are these guys a scam?
I'm wanting to invest big money here.
No , they are NOT scam, but have BIG delays.

Today my L3 miner finally started to mine there  Wink   2 month delay means $600 loss.   Sad But I am not completely upset. Smiley



They very well could've been mining with your hardware this whole time. So yeah, even though not a scam in the classic sense of the word, thieves nonetheless. Why do people insist on giving these people and others like them money? It's like you wanna be scammed.

To give trolls like you someone to put down so you can feel better about yourself. Really, I'm truly surprised that you didn't know that. Roll Eyes I mean it must be really hard living with yourself being so perfect and all, never making a mistake, never being scammed, never having to trust anyone. Sure is gonna suck for you when you move out of mommy's and daddy's basement and have to survive on your own, having to trust people you don't know. It's gotta be tough for a snowflake like you to get over never being quite sure if the tart taste in the tea you just ordered is actually lemon.  Grin

In the business world, people trying to do new things are taking risks, and risk means that there is a chance of failure. But what it means even more is that if successful, it can be wildly successful and wildly profitable. Investors know this.

In that business world financing comes from multiple places. When the entrepreneur uses up all of their money they go to the three "F"s: Family, Friends, and Fools. Every investor in those three categories knows full well that their investment may disappear tomorrow, just like these crypto currencies we all so love. What they also do is go into these investments knowing what they are doing. If they have done their research and due diligence. They also do not risk their entire life savings. NEVER invest more than you can afford to lose on any investment. If you are betting the money you need to pay the bills this month on a high risk investment, or any investment for that matter, that's a problem, but not for me. That's your problem, and unless it directly affects me, well, I just can't be bothered.

I've invested what I can reasonably afford to lose in Giga-Watt. If it all goes to zero, well, that'll suck for me, but it won't be the end of the day for me, either. So far there have been delays, yes, but given the nature of the enterprise that Giga-Watt is setting up, they are not completely unexpected. I am earning a return now by renting my WTT tokens, and to date I have earned 5.26% on my investment (comprised of tokens and one miner that is yet to be installed). That would be 6.31%, but the price BTC has dropped significantly, which impacts the value of my earnings directly as token rental is paid in the coin the miner "using" the token mines. Token rental to BTC miners makes up the lion's share of my rental income. I am receiving hourly payouts in BTC, ETH, LTC, and DASH. There is the possibility to receive ZEC, but to date I have not been paid any ZEC.
full member
Activity: 238
Merit: 105
So are these guys a scam?
I'm wanting to invest big money here.
No , they are NOT scam, but have BIG delays.

Today my L3 miner finally started to mine there  Wink   2 month delay means $600 loss.   Sad But I am not completely upset. Smiley



They very well could've been mining with your hardware this whole time. So yeah, even though not a scam in the classic sense of the word, thieves nonetheless. Why do people insist on giving these people and others like them money? It's like you wanna be scammed.
newbie
Activity: 47
Merit: 0
So are these guys a scam?
I'm wanting to invest big money here.
No , they are NOT scam, but have BIG delays.

Today my L3 miner finally started to mine there  Wink   2 month delay means $600 loss.   Sad But I am not completely upset. Smiley



Anyone know how much money are the  L3's producing per day?

newbie
Activity: 52
Merit: 0
My miners aren't 100% rented even though I set the lowest rate.

1) Is it reasonable to expect that they will be all 100% rented in the near future?

2) Are there any plans for implementing advanced dashboard with more statistics, settings, info, so that the users will have more insight into the system behind it?

Thank you.

sr. member
Activity: 475
Merit: 265
Ooh La La, C'est Zoom!
I bought into the ICO in the Batch 1 timeframe and now my tokens are currently worth 44% more than I paid, plus I am earning rent on them while I wait for Giga-Watt to install my miner.
No, token dumped to about $1 now, with the 3rd batch release.  People can't use them, because of the delays.

timing is everything. when I posted that message the gain was 44% based on the coinmarketcap web page. When you posted your message the market price for the tokens had dropped. Now it seems to have recovered somewhat. So I'm only up 34%.  Roll Eyes  Since I plan to hodl and use the tokens for miners I buy and renting the unused tokens, I'm not all that concerned.

https://coinmarketcap.com/currencies/giga-watt-token/

sr. member
Activity: 1372
Merit: 264
Just had a look on the website and it indicates that 3 pods and building A is complete, why are no miners running yet?


I have batch 1 or 2 miner, and also batch 4 tokens. Tokens are not issued yet, but my miner is running since the 8th of November.

It seems Giga-Watt is automatically renting tokens for, and deducting the cost from my mined coins...

I had my doubts but GW is keepin their deal, miner is running, tokens are coming...


One question
I can not withdraw funds from my Giga-Watt wallet, is it because Giga Watt wants to be able to charge for costs? Is withdrawal only  possible when you
have a certain minimum amount on your wallet?

Thanks for the answer guys!



I see on the cryptonomos app that you can send you token to an etherwaller or exchange, but i dont't if that will work.

BTW. How are you able to rent it out? I already received my token from batch 3 and yet i don't know how i can rent it.

It would be better to take advantage of the giga watt mining program to gain some profit and we can still sell our token to an exchange if you think mining is not really profitable.
newbie
Activity: 2
Merit: 0
Why is this token falling that much? I hope it will rise again in the near future.

Thsre are so much people that has lost so much money waiting for their tokens and minners , everybody that lost their money from opportynity cost will now get out from giga wat and go to some other mining companies like viabtc they are offering reseling of cloudmining contract. you don't need to wait till end of  the mining contract you can sell when you like. giga watt is not offering easy exit . You can't easy sell tokens and miners . i hope that in neear future when all pods will be finished there will be option to resell minners also and also easy sell tokens


we need to wait for the smart money to come in to gigawatt to see real rise in token price.  "smart money always want easy enrtance and easy exit" if giga watt offer easy enrtance and exit one token will be worth more then $10
newbie
Activity: 2
Merit: 0
Why is this token falling that much? I hope it will rise again in the near future.

Thsre are so much people that has lost so much money waiting for their tokens and minners , everybody that lost their money from opportynity cost will now get out from giga wat and go to some other mining companies like viabtc they are offering reseling of cloudmining contract. you don't need to wait till end of  the mining contract you can sell when you like. giga watt is not offering easy exit . You can't easy sell tokens and miners . i hope that in neear future when all pods will be finished there will be option to resell minners also and also easy sell tokens
member
Activity: 280
Merit: 22
The Future of Sports is Fan Controlled
Why is this token falling that much? I hope it will rise again in the near future.
newbie
Activity: 54
Merit: 0
Yesterday was my first day renting a portion of WTTs, now I can see little coins bellow each icon, but withdrawal button is disabled, i think  the reason is that the amount of coins are not enough to pay for fee.
Is it true? If yes how much is the minimum allowed for withdrawal?


Hi

Having the exact same problem here. Miner is running, waiting for issued tokens, can not withdraw mined coins from my Giga-Watt wallet...

Also waiting for an answer, wrote GW support but as often, they let you wait Smiley Hopefully they will answer soon...

Greetz
newbie
Activity: 54
Merit: 0
Just had a look on the website and it indicates that 3 pods and building A is complete, why are no miners running yet?


I have batch 1 or 2 miner, and also batch 4 tokens. Tokens are not issued yet, but my miner is running since the 8th of November.

It seems Giga-Watt is automatically renting tokens for, and deducting the cost from my mined coins...

I had my doubts but GW is keepin their deal, miner is running, tokens are coming...


One question
I can not withdraw funds from my Giga-Watt wallet, is it because Giga Watt wants to be able to charge for costs? Is withdrawal only  possible when you
have a certain minimum amount on your wallet?

Thanks for the answer guys!

full member
Activity: 714
Merit: 105
Yesterday was my first day renting a portion of WTTs, now I can see little coins bellow each icon, but withdrawal button is disabled, i think  the reason is that the amount of coins are not enough to pay for fee.
Is it true? If yes how much is the minimum allowed for withdrawal?
full member
Activity: 392
Merit: 102
Just had a look on the website and it indicates that 3 pods and building A is complete, why are no miners running yet?
After completing pods they start deploying the rigs, and it may take many weeks.
full member
Activity: 392
Merit: 102
So are these guys a scam?
I'm wanting to invest big money here.
No , they are NOT scam, but have BIG delays.

Today my L3 miner finally started to mine there  Wink   2 month delay means $600 loss.   Sad But I am not completely upset. Smiley

newbie
Activity: 5
Merit: 0
Just had a look on the website and it indicates that 3 pods and building A is complete, why are no miners running yet?
member
Activity: 88
Merit: 10
So are these guys a scam?
I'm wanting to invest big money here.

Does someone from the team want to clarify whats going on here?
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