The Mining on Giga Watt Platform
- they released new video
https://www.youtube.com/watch?v=bvd2-XKZND0
Topic: ⚡⛏️[ANN] Giga Watt: Best Home for your Mining. Starts today! - page 50. (Read 203311 times)
October 26, 2017, 07:07:54 AM
The Mining on Giga Watt Platform
- they released new video
https://www.youtube.com/watch?v=bvd2-XKZND0
October 26, 2017, 07:05:13 AM
Where can I find info about your bounty campaign, if you have it?
ICO ended long time ago, no bounty any longer 
October 26, 2017, 06:59:10 AM
Biggest ICO fail of 2017?
Who agrees?
October 26, 2017, 01:25:31 AM
Also another thing to be aware of. Gigawatt is giving people who bought tokens and miners the ability to resell their products, but they are offering consignment on one of their partner websites, for a large fee, of course.
So just to recap.
1. Token sale in June, collected millions of dollars(around 19m)
2. Price of BTC up from a low of 1800 to a high of 6000 today. (19m worth approx 60m today)
3. Miners implementation are delayed until March-April based on issues that could have been solved prior to token sale by having inspectors go over all the details.
4. Reselling miners for you for profit on their website(they take a cut of the sale). No refunds on tokens.
5. Internal issues were not sorted out before starting and collecting 18m in a token sale. Blame this on "growing pains"
6. No actual solutions, refunds, or otherwise to the customers of the project other than taking back your miners or wait.
7. Gigawatt Generating profits on 18m in Bitcoins for 9-12 months while you wait.
8. Gigawatt building out extensive power infrastructure at your expense.
9. Difficulty increasing exponentially on all Miners by the week.
So all the Gigawatt fanboys here, if this is how you think a good ICO should be run, and you think this was a good investment... Then let me let you in on my new ICO Bitcoinguy140watt. ICO starts soon.
In all seriousness, how could anyone with some common sense not see this as a blatant scam? I would like to hear some opinions.
So just to recap.
1. Token sale in June, collected millions of dollars(around 19m)
2. Price of BTC up from a low of 1800 to a high of 6000 today. (19m worth approx 60m today)
3. Miners implementation are delayed until March-April based on issues that could have been solved prior to token sale by having inspectors go over all the details.
4. Reselling miners for you for profit on their website(they take a cut of the sale). No refunds on tokens.
5. Internal issues were not sorted out before starting and collecting 18m in a token sale. Blame this on "growing pains"
6. No actual solutions, refunds, or otherwise to the customers of the project other than taking back your miners or wait.
7. Gigawatt Generating profits on 18m in Bitcoins for 9-12 months while you wait.
8. Gigawatt building out extensive power infrastructure at your expense.
9. Difficulty increasing exponentially on all Miners by the week.
So all the Gigawatt fanboys here, if this is how you think a good ICO should be run, and you think this was a good investment... Then let me let you in on my new ICO Bitcoinguy140watt. ICO starts soon.
In all seriousness, how could anyone with some common sense not see this as a blatant scam? I would like to hear some opinions.
1-9: Sir,you are Correct.
For those of us who prefer to not mine at home or simply buy and hodl -and find themselves trapped into GW now, absent any fair refunds options- have you any better, constructive, suggestions?
Facing same issue... I'm in Batch 3 (100 tokens)... I just want them to give me my tokens, so tht I can sell it on EtherDelta and get out... Bored to daeth by them...
I wonder why you are buying 100 tokens. After all, the price of tokens will not rise high. This is just a low price guarantee for 1kWh of power. 100 tokens can not earn much, and L3 +, D3, S9 etc. - all have a power greater than 100W to which these 100 tokens entitle.
October 26, 2017, 12:41:09 AM
Also another thing to be aware of. Gigawatt is giving people who bought tokens and miners the ability to resell their products, but they are offering consignment on one of their partner websites, for a large fee, of course.
So just to recap.
1. Token sale in June, collected millions of dollars(around 19m)
2. Price of BTC up from a low of 1800 to a high of 6000 today. (19m worth approx 60m today)
3. Miners implementation are delayed until March-April based on issues that could have been solved prior to token sale by having inspectors go over all the details.
4. Reselling miners for you for profit on their website(they take a cut of the sale). No refunds on tokens.
5. Internal issues were not sorted out before starting and collecting 18m in a token sale. Blame this on "growing pains"
6. No actual solutions, refunds, or otherwise to the customers of the project other than taking back your miners or wait.
7. Gigawatt Generating profits on 18m in Bitcoins for 9-12 months while you wait.
8. Gigawatt building out extensive power infrastructure at your expense.
9. Difficulty increasing exponentially on all Miners by the week.
So all the Gigawatt fanboys here, if this is how you think a good ICO should be run, and you think this was a good investment... Then let me let you in on my new ICO Bitcoinguy140watt. ICO starts soon.
In all seriousness, how could anyone with some common sense not see this as a blatant scam? I would like to hear some opinions.
So just to recap.
1. Token sale in June, collected millions of dollars(around 19m)
2. Price of BTC up from a low of 1800 to a high of 6000 today. (19m worth approx 60m today)
3. Miners implementation are delayed until March-April based on issues that could have been solved prior to token sale by having inspectors go over all the details.
4. Reselling miners for you for profit on their website(they take a cut of the sale). No refunds on tokens.
5. Internal issues were not sorted out before starting and collecting 18m in a token sale. Blame this on "growing pains"
6. No actual solutions, refunds, or otherwise to the customers of the project other than taking back your miners or wait.
7. Gigawatt Generating profits on 18m in Bitcoins for 9-12 months while you wait.
8. Gigawatt building out extensive power infrastructure at your expense.
9. Difficulty increasing exponentially on all Miners by the week.
So all the Gigawatt fanboys here, if this is how you think a good ICO should be run, and you think this was a good investment... Then let me let you in on my new ICO Bitcoinguy140watt. ICO starts soon.
In all seriousness, how could anyone with some common sense not see this as a blatant scam? I would like to hear some opinions.
1-9: Sir,you are Correct.
For those of us who prefer to not mine at home or simply buy and hodl -and find themselves trapped into GW now, absent any fair refunds options- have you any better, constructive, suggestions?
Facing same issue... I'm in Batch 3 (100 tokens)... I just want them to give me my tokens, so tht I can sell it on EtherDelta and get out... Bored to daeth by them...
October 25, 2017, 11:41:33 PM
Did you really expect 10x returns? You're buying a discount electricity token for gods sake, there's a clear limit of how high it can go.
Ding! Ding! Ding!
We have a winner. That's why I bought in. I can't get electricity for less, let alone a managed and monitored site. I'm not expecting to make a killing on the WTT tokens. The tokens are just a way to buy long-term access to the GW facilities, and right now earn at least some return while waiting for the pods to be completed and my one miner (for now) to be installed and powered up.
While waiting, I have been renting my tokens and so far 3.9% of my investment (tokens and not yet installed miner) has been "returned," which when annualized comes out to 30.25% which is just fine by me. When the miner comes online and starts earning that number will go up.
October 25, 2017, 11:27:18 PM
Sweet. Since you have no skin in the game I can ignore your drivel.
I didnt.
Well, if they/you are not buying the excuses, then get out of the market.
This is a new venture, doing something in a totally new way, in an area that isn't used this kind of business. They are trying to be above board, but this is the internet, and everyone knows that everyone lies. However, they following the guidelines/rules, and running into bureaucratic red tape, and interpretations of the rules that can differ between inspectors. If an inspector or department, or certification agency wants to play hardball and deny you their approval, they can do it. All they need to do is find one minor nit, and bam, you fail. Sorry, better luck next time.
If you were so sure that this was a scam why did you buy in?
This is a new venture, doing something in a totally new way, in an area that isn't used this kind of business. They are trying to be above board, but this is the internet, and everyone knows that everyone lies. However, they following the guidelines/rules, and running into bureaucratic red tape, and interpretations of the rules that can differ between inspectors. If an inspector or department, or certification agency wants to play hardball and deny you their approval, they can do it. All they need to do is find one minor nit, and bam, you fail. Sorry, better luck next time.
If you were so sure that this was a scam why did you buy in?
Let's take your comments and compare them to all of the people who are upset about 5-8 month delays. Im pretty sure 95% of the people are not buying the excuses they are selling.
And yes, they were mining in the past. You can see here.
https://www.youtube.com/watch?v=BoT-y5FPoqw
I dont work for Gigawatt, but I can tell you that they have no issues mining themselves!
https://www.litecoinpool.org/stats
Currently number 2 in the Litecoin mining pool.
And they say ICOs are not scams. Haha. Seems they sure have room for themselves to mine.
Believe it or not Giga-Watt was hosting miners before the ICO. The ICO was so that they could expand.
Giga-Watt is not mining for themselves, per se, but rather all the miners point to the Giga-Watt address and probably use a worker name to identify the owner, rather than use the owners address. Giga-Watt does things this way so that they can get paid their fees up front, rather than trusting miners to pay their bills.
Please leave your FUD in the bin outside.
And yes, they were mining in the past. You can see here.
https://www.youtube.com/watch?v=BoT-y5FPoqw
We really need someone from Giga support to give investors info about this situation.
I dont work for Gigawatt, but I can tell you that they have no issues mining themselves!
https://www.litecoinpool.org/stats
Currently number 2 in the Litecoin mining pool.
And they say ICOs are not scams. Haha. Seems they sure have room for themselves to mine.
Believe it or not Giga-Watt was hosting miners before the ICO. The ICO was so that they could expand.
Giga-Watt is not mining for themselves, per se, but rather all the miners point to the Giga-Watt address and probably use a worker name to identify the owner, rather than use the owners address. Giga-Watt does things this way so that they can get paid their fees up front, rather than trusting miners to pay their bills.
Please leave your FUD in the bin outside.
October 25, 2017, 10:26:04 PM
Where can I find info about your bounty campaign, if you have it?
October 25, 2017, 06:33:40 PM
This is seeming more and more like a hostage situation. They are making it incredibly difficult for people to exit this failure of theirs.
.
.
Sadly, if this was an up and running project, I would totally buy 10 S9's and sit back for years and years and gain btc. Their goal is to make large scale mining accessible to normal people, Which is an amazing idea! Which I love!
.
.
This was a good idea! Embarking on an untouched atmosphere of possibilities for new businesses and innovation that helps those who aren't already Millionaires.
Personally, I will steer everyone away from GW within my 'small' circle of crypto maniacs.
.
.
Sadly, if this was an up and running project, I would totally buy 10 S9's and sit back for years and years and gain btc. Their goal is to make large scale mining accessible to normal people, Which is an amazing idea! Which I love!
.
.
This was a good idea! Embarking on an untouched atmosphere of possibilities for new businesses and innovation that helps those who aren't already Millionaires.
Personally, I will steer everyone away from GW within my 'small' circle of crypto maniacs.
Also another thing to be aware of. Gigawatt is giving people who bought tokens and miners the ability to resell their products, but they are offering consignment on one of their partner websites, for a large fee, of course.
So just to recap.
1. Token sale in June, collected millions of dollars(around 19m)
2. Price of BTC up from a low of 1800 to a high of 6000 today. (19m worth approx 60m today)
3. Miners implementation are delayed until March-April based on issues that could have been solved prior to token sale by having inspectors go over all the details.
4. Reselling miners for you for profit on their website(they take a cut of the sale). No refunds on tokens.
5. Internal issues were not sorted out before starting and collecting 18m in a token sale. Blame this on "growing pains"
6. No actual solutions, refunds, or otherwise to the customers of the project other than taking back your miners or wait.
7. Gigawatt Generating profits on 18m in Bitcoins for 9-12 months while you wait.
8. Gigawatt building out extensive power infrastructure at your expense.
9. Difficulty increasing exponentially on all Miners by the week.
So all the Gigawatt fanboys here, if this is how you think a good ICO should be run, and you think this was a good investment... Then let me let you in on my new ICO Bitcoinguy140watt. ICO starts soon.
In all seriousness, how could anyone with some common sense not see this as a blatant scam? I would like to hear some opinions.
So just to recap.
1. Token sale in June, collected millions of dollars(around 19m)
2. Price of BTC up from a low of 1800 to a high of 6000 today. (19m worth approx 60m today)
3. Miners implementation are delayed until March-April based on issues that could have been solved prior to token sale by having inspectors go over all the details.
4. Reselling miners for you for profit on their website(they take a cut of the sale). No refunds on tokens.
5. Internal issues were not sorted out before starting and collecting 18m in a token sale. Blame this on "growing pains"
6. No actual solutions, refunds, or otherwise to the customers of the project other than taking back your miners or wait.
7. Gigawatt Generating profits on 18m in Bitcoins for 9-12 months while you wait.
8. Gigawatt building out extensive power infrastructure at your expense.
9. Difficulty increasing exponentially on all Miners by the week.
So all the Gigawatt fanboys here, if this is how you think a good ICO should be run, and you think this was a good investment... Then let me let you in on my new ICO Bitcoinguy140watt. ICO starts soon.
In all seriousness, how could anyone with some common sense not see this as a blatant scam? I would like to hear some opinions.
I mentioned earlier that I don't think this is intended as a scam because they will even let you look tour their facility getting built with everything transparent. But I think they have some serious issues and should do something to compensate the batch holders for the delays. Investors may not have agreed to this ICO if they knew the actual delays possible. But then again, it is a speculation and you really don't know what will happen on new tech. It's not a scam.
October 25, 2017, 06:17:35 PM
Did you really expect 10x returns? You're buying a discount electricity token for gods sake, there's a clear limit of how high it can go.
There is also a instrict value as mining intrest grows fast (sold out pre orders) under majority, but don't have any compenetions nor intrest for pools / settings / etc.
Last Genesis contract asked 0.28 cent per kwh. So that is like 2.4 dollar per token. Than around 2 or 3 times. So 5 dollar is pretty fair after 4 month smotly operational proven.
October 25, 2017, 05:48:41 PM
Did you really expect 10x returns? You're buying a discount electricity token for gods sake, there's a clear limit of how high it can go.
October 25, 2017, 05:43:11 PM
Yhe right, stire everybody away and buy all tokens for 50 cents in januari. No way Jose
October 25, 2017, 04:16:42 PM
This is seeming more and more like a hostage situation. They are making it incredibly difficult for people to exit this failure of theirs.
.
.
Sadly, if this was an up and running project, I would totally buy 10 S9's and sit back for years and years and gain btc. Their goal is to make large scale mining accessible to normal people, Which is an amazing idea! Which I love!
.
.
This was a good idea! Embarking on an untouched atmosphere of possibilities for new businesses and innovation that helps those who aren't already Millionaires.
Personally, I will steer everyone away from GW within my 'small' circle of crypto maniacs.
.
.
Sadly, if this was an up and running project, I would totally buy 10 S9's and sit back for years and years and gain btc. Their goal is to make large scale mining accessible to normal people, Which is an amazing idea! Which I love!
.
.
This was a good idea! Embarking on an untouched atmosphere of possibilities for new businesses and innovation that helps those who aren't already Millionaires.
Personally, I will steer everyone away from GW within my 'small' circle of crypto maniacs.
Also another thing to be aware of. Gigawatt is giving people who bought tokens and miners the ability to resell their products, but they are offering consignment on one of their partner websites, for a large fee, of course.
So just to recap.
1. Token sale in June, collected millions of dollars(around 19m)
2. Price of BTC up from a low of 1800 to a high of 6000 today. (19m worth approx 60m today)
3. Miners implementation are delayed until March-April based on issues that could have been solved prior to token sale by having inspectors go over all the details.
4. Reselling miners for you for profit on their website(they take a cut of the sale). No refunds on tokens.
5. Internal issues were not sorted out before starting and collecting 18m in a token sale. Blame this on "growing pains"
6. No actual solutions, refunds, or otherwise to the customers of the project other than taking back your miners or wait.
7. Gigawatt Generating profits on 18m in Bitcoins for 9-12 months while you wait.
8. Gigawatt building out extensive power infrastructure at your expense.
9. Difficulty increasing exponentially on all Miners by the week.
So all the Gigawatt fanboys here, if this is how you think a good ICO should be run, and you think this was a good investment... Then let me let you in on my new ICO Bitcoinguy140watt. ICO starts soon.
In all seriousness, how could anyone with some common sense not see this as a blatant scam? I would like to hear some opinions.
So just to recap.
1. Token sale in June, collected millions of dollars(around 19m)
2. Price of BTC up from a low of 1800 to a high of 6000 today. (19m worth approx 60m today)
3. Miners implementation are delayed until March-April based on issues that could have been solved prior to token sale by having inspectors go over all the details.
4. Reselling miners for you for profit on their website(they take a cut of the sale). No refunds on tokens.
5. Internal issues were not sorted out before starting and collecting 18m in a token sale. Blame this on "growing pains"
6. No actual solutions, refunds, or otherwise to the customers of the project other than taking back your miners or wait.
7. Gigawatt Generating profits on 18m in Bitcoins for 9-12 months while you wait.
8. Gigawatt building out extensive power infrastructure at your expense.
9. Difficulty increasing exponentially on all Miners by the week.
So all the Gigawatt fanboys here, if this is how you think a good ICO should be run, and you think this was a good investment... Then let me let you in on my new ICO Bitcoinguy140watt. ICO starts soon.
In all seriousness, how could anyone with some common sense not see this as a blatant scam? I would like to hear some opinions.
October 25, 2017, 03:37:32 PM
I heard you guys had trouble with Bitmain as you listed them as your "official" partners but in reality they weren't. Is there an active lawsuit for this violation?
That was advertising on thier startup. Bitmain has a section on thier website that they are not official partner and GigaWatt corrected thier website. I think thats it. Still good friends for business.
October 25, 2017, 03:33:39 PM
Also another thing to be aware of. Gigawatt is giving people who bought tokens and miners the ability to resell their products, but they are offering consignment on one of their partner websites, for a large fee, of course.
So just to recap.
1. Token sale in June, collected millions of dollars(around 19m)
2. Price of BTC up from a low of 1800 to a high of 6000 today. (19m worth approx 60m today)
3. Miners implementation are delayed until March-April based on issues that could have been solved prior to token sale by having inspectors go over all the details.
4. Reselling miners for you for profit on their website(they take a cut of the sale). No refunds on tokens.
5. Internal issues were not sorted out before starting and collecting 18m in a token sale. Blame this on "growing pains"
6. No actual solutions, refunds, or otherwise to the customers of the project other than taking back your miners or wait.
7. Gigawatt Generating profits on 18m in Bitcoins for 9-12 months while you wait.
8. Gigawatt building out extensive power infrastructure at your expense.
9. Difficulty increasing exponentially on all Miners by the week.
So all the Gigawatt fanboys here, if this is how you think a good ICO should be run, and you think this was a good investment... Then let me let you in on my new ICO Bitcoinguy140watt. ICO starts soon.
In all seriousness, how could anyone with some common sense not see this as a blatant scam? I would like to hear some opinions.
So just to recap.
1. Token sale in June, collected millions of dollars(around 19m)
2. Price of BTC up from a low of 1800 to a high of 6000 today. (19m worth approx 60m today)
3. Miners implementation are delayed until March-April based on issues that could have been solved prior to token sale by having inspectors go over all the details.
4. Reselling miners for you for profit on their website(they take a cut of the sale). No refunds on tokens.
5. Internal issues were not sorted out before starting and collecting 18m in a token sale. Blame this on "growing pains"
6. No actual solutions, refunds, or otherwise to the customers of the project other than taking back your miners or wait.
7. Gigawatt Generating profits on 18m in Bitcoins for 9-12 months while you wait.
8. Gigawatt building out extensive power infrastructure at your expense.
9. Difficulty increasing exponentially on all Miners by the week.
So all the Gigawatt fanboys here, if this is how you think a good ICO should be run, and you think this was a good investment... Then let me let you in on my new ICO Bitcoinguy140watt. ICO starts soon.
In all seriousness, how could anyone with some common sense not see this as a blatant scam? I would like to hear some opinions.
October 25, 2017, 12:37:57 PM
I heard you guys had trouble with Bitmain as you listed them as your "official" partners but in reality they weren't. Is there an active lawsuit for this violation?
October 25, 2017, 12:27:48 PM
I didnt.
Well, if they/you are not buying the excuses, then get out of the market.
This is a new venture, doing something in a totally new way, in an area that isn't used this kind of business. They are trying to be above board, but this is the internet, and everyone knows that everyone lies. However, they following the guidelines/rules, and running into bureaucratic red tape, and interpretations of the rules that can differ between inspectors. If an inspector or department, or certification agency wants to play hardball and deny you their approval, they can do it. All they need to do is find one minor nit, and bam, you fail. Sorry, better luck next time.
If you were so sure that this was a scam why did you buy in?
This is a new venture, doing something in a totally new way, in an area that isn't used this kind of business. They are trying to be above board, but this is the internet, and everyone knows that everyone lies. However, they following the guidelines/rules, and running into bureaucratic red tape, and interpretations of the rules that can differ between inspectors. If an inspector or department, or certification agency wants to play hardball and deny you their approval, they can do it. All they need to do is find one minor nit, and bam, you fail. Sorry, better luck next time.
If you were so sure that this was a scam why did you buy in?
Let's take your comments and compare them to all of the people who are upset about 5-8 month delays. Im pretty sure 95% of the people are not buying the excuses they are selling.
And yes, they were mining in the past. You can see here.
https://www.youtube.com/watch?v=BoT-y5FPoqw
I dont work for Gigawatt, but I can tell you that they have no issues mining themselves!
https://www.litecoinpool.org/stats
Currently number 2 in the Litecoin mining pool.
And they say ICOs are not scams. Haha. Seems they sure have room for themselves to mine.
Believe it or not Giga-Watt was hosting miners before the ICO. The ICO was so that they could expand.
Giga-Watt is not mining for themselves, per se, but rather all the miners point to the Giga-Watt address and probably use a worker name to identify the owner, rather than use the owners address. Giga-Watt does things this way so that they can get paid their fees up front, rather than trusting miners to pay their bills.
Please leave your FUD in the bin outside.
And yes, they were mining in the past. You can see here.
https://www.youtube.com/watch?v=BoT-y5FPoqw
We really need someone from Giga support to give investors info about this situation.
I dont work for Gigawatt, but I can tell you that they have no issues mining themselves!
https://www.litecoinpool.org/stats
Currently number 2 in the Litecoin mining pool.
And they say ICOs are not scams. Haha. Seems they sure have room for themselves to mine.
Believe it or not Giga-Watt was hosting miners before the ICO. The ICO was so that they could expand.
Giga-Watt is not mining for themselves, per se, but rather all the miners point to the Giga-Watt address and probably use a worker name to identify the owner, rather than use the owners address. Giga-Watt does things this way so that they can get paid their fees up front, rather than trusting miners to pay their bills.
Please leave your FUD in the bin outside.
October 25, 2017, 10:00:34 AM
seems interesting project, but a little be suspicious..Devs, need your comments
Just talked with the support group. It seems very simple to me that Giga Watt really doesn't know when the tokens will be released as they are waiting on the construction to be completed on the PODs before they can release the tokens. Once the tokens are released the mining can be done.
I'm guessing that they have told people dates in the past and have misled them so they are shy to give dates they don't have any control over.
They seem like a good company but it would be nice if they communicated better as we are generally left to guess whats going on.
I don't think dev's are here as its a real company already and no devs are needed.
October 25, 2017, 07:07:34 AM
seems interesting project, but a little be suspicious..Devs, need your comments
October 25, 2017, 07:04:55 AM
We really need someone from Giga support to give investors info about this situation.
I dont work for Gigawatt, but I can tell you that they have no issues mining themselves!
https://www.litecoinpool.org/stats
Currently number 2 in the Litecoin mining pool.
And they say ICOs are not scams. Haha. Seems they sure have room for themselves to mine.
Believe it or not Giga-Watt was hosting miners before the ICO. The ICO was so that they could expand.
Giga-Watt is not mining for themselves, per se, but rather all the miners point to the Giga-Watt address and probably use a worker name to identify the owner, rather than use the owners address. Giga-Watt does things this way so that they can get paid their fees up front, rather than trusting miners to pay their bills.
Please leave your FUD in the bin outside.
Nope. The FUD is the fscking conspiracy theory crapola peddled by lazy noobs who can't be bothered to contact Giga-Watt via the published methods they monitor, or too lazy to even use search to see if their question has already been answered.
If you really wanted an answer rather than just whining about how think you're "being jerked around" you'd contact Giga-Watt directly.
I've been in contact with them several times via email, and not once have they blown me off or ignored me.
Does anyone know what the mining schedule is for the batches?
Thanks
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