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Topic: ⚡⛏️[ANN] Giga Watt: Best Home for your Mining. Starts today! - page 81. (Read 203299 times)

newbie
Activity: 13
Merit: 0


 According to this writing in this discussion group and this thread
1)  Giga-watt run by Dave Carlson who leaded previously one of the biggest mining farms in US.
Disclaimer: there is other mining farm like hashflare -- pool run buy Hashcoins - developers of mining and cryptographic hardware.
 
thus, I would assume that They definitely know heart of the matte better than home miners.

I have purchased WTT-token from ICO and they are currently trading at 1.8 USD on Ether-delta. https://etherdelta.github.io/#WTT-ETH
I have bought  Miners directly through Giga-Watt.

Most of my friend do not count on Giga-Watt, because the location of faraway and out of sight.
Many of my friends in Florida and Finland want to home mine. I can deal that noise with five seconds.

Especially after the knowledge that Giga-Watt guys use so cheap hydro electricity that even with the full hosting price  why the heck I should pay by home mining in Florida.

I have got the rationale , that people want control and keep things on sight. I am opposite. I do only home mine for short term pilot projects and once my small team has developed perhaps custom made mining rig (if we do not use ASIC) we transport the rigs somewhere elsewhere.
I maximize time and convenient corrected return. Time and convenience are very valuable.


Thirdly, even though I would not use GIGA-WATT tokens, I could rent them out and get 50% annual rental income for 50 years . I reckoned the forthcoming cashflow by using third party calculator and I got Net present Value more than 5x current spot price (or more than 10x lowest ICO price) I used 4% inflation rate in my calculation and not compounding income to get conservative estimate.

https://www.calculatorsoup.com/calculators/financial/present-value-cash-flows-calculator.php

I hope that I will get different opinion and comments of HIDDEN risks. My opinions are just mine. What are  the risk?

based on my rationale.

Discrepancy between the price of electricity will remain between Florida and Washington. People have to use and produce their electricity locally .  Also miners own their machinery so if mining turn to be obsolete there is possible to use other computer devices that use electricity. Calculation needs will be remain, if not for PoW but for Artificial intelligence.

the the end: Comparison
I have found other mining projects (cloud mining) . the team raised funds one months ago and current market price is 60 (sixty times higher than ) ICO price. Such kind of spot price is overpriced. lol.



newbie
Activity: 58
Merit: 0
Anybody received their S9 from end of August batch ?

I got two S9's from the Aug16 - Aug21 batch directly from Bitmain.

Maybe I was an early order in the batch, but mine shipped from China on Aug 15.
They got to my city on Aug 18 (Phoenix, USA). I didn't get my hands on them til about Aug 21 though due to the UPS deliverer coming to my house when I was at work.
full member
Activity: 168
Merit: 100
Bitcoin is the King
Finally got my Pandaminer working-

Cool. You are in the GW Game. I still waiting for the S9 but it's coming. It's coming. Smiley
Did you order an S9 from their website?

I used the GW support Via Email. On June 16th. 1st Batch of S9 for GW I think. Paid directly with BTC.
hero member
Activity: 1092
Merit: 507
btcstakes.com
Has anyone here from the second batch received there tokens yet? There already on there way to the third batch? Also, anyone renting there coins out making any good residuals?
YIz
hero member
Activity: 686
Merit: 502
Finally got my Pandaminer working-

Cool. You are in the GW Game. I still waiting for the S9 but it's coming. It's coming. Smiley
Did you order an S9 from their website?
full member
Activity: 168
Merit: 100
Bitcoin is the King
Finally got my Pandaminer working-

Cool. You are in the GW Game. I still waiting for the S9 but it's coming. It's coming. Smiley
sr. member
Activity: 1372
Merit: 264
Release of Third batch is near and I can't wait to try on doin renting out my token.

Is there any feedback on renting out their token, Is the calculator accurate on how much you will gain on daily basis?

As far I can see the renting out the token and gaining a profit daily would take time since the profitability is getting harder. But for now, I will support Gigawatt on this one.
full member
Activity: 168
Merit: 100
Bitcoin is the King


Gentleman- you're both right!  Can we all get along and try to make some coin?  My pressing question is, where the hell are the Pandaminers at?...First batch, many days later, may questions later- still no miners; did any of you guys get their Pandaminer, and I'm the special one person still waiting?  

TIA,
pop

I don't have an answer for you but...

The S9 at time of my purchase (June 16th) was suppose to ship between August 16th and August 21st. On a first pay first ship standard as they like to say. Wink
Cf. Bitmain Website at the time of the purchase.

No news since...

I sent an Email at [email protected] today and get an answer within 10 minutes.

Hello
Looks like your S9 is scheduled to ship out from mfg Aug 28 to our facility in Washington State.


Sooo... hopefully my S9 is shipping today. A bit late, but better late than never.

Anybody received their S9 from end of August batch ?

PS: What is unbelievable for me is that you order something 2 month in advance and still they manage to be late (Bitmain)... That show how serious they are.
full member
Activity: 392
Merit: 102
It is the best investment of mine, thank devs.
Feel the same. Before participating in remote mining one should deeply understand the business model and people who stay behind this. One can trust people with solid background - like Antpool run buy Bitmain, or Giga-watt run by Dave Carlson who leaded previously one of the biggest mining farms in US.
Or one can trust Hasflair pool run buy Hascoins - developers of mining and cryptographic hardware.

They definetely know heart of the matter.
full member
Activity: 392
Merit: 102
Was tracking down John McAfee view on Crypto security. and came across this

they are difinetely Giga-Watt competitors. I wonder what price do they pay for electricity.
full member
Activity: 714
Merit: 105
It is the best investment of mine, thank devs.
hero member
Activity: 658
Merit: 500
Was tracking down John McAfee view on Crypto security. and came across this


"Last week, MGT announced the deployment of 650 new bitcoin mining rigs. The Bitmain 29 units will be installed at “a new multi MegaWatt facility” in central Washington, with production expected to reach maximum capacity by the end of the month."


wow there is some heavy hitters utilising Megawatt facilitates.
Looking forward to renting out my tokens!


reference
https://www.cryptocoinsnews.com/john-mcafee-led-mgt-capital-raises-2-4-million-boost-bitcoin-mining/


hero member
Activity: 766
Merit: 621
Own ONION
why in hitbtc the WTT traded as IOU? Isn't that the WTT token already issued? Why token not traded there? Any other exchange that trade WTT with BTC?


Yes, the first 2 batches of tokens are issued. Once all obligations are met and the infrastructure is build then the token will also get listed. Somewhere around end of 2017.

My estimate is that those who are in this ICO mostly should be a loss, as the bitcoin has been increased huge, so if you bought WTT at the beginning, now the price won't make it the same amount of BTC.
hero member
Activity: 658
Merit: 500
interesting coin, is there an exchange for it? or it is just a private token?

https://etherdelta.github.io/#WTT-ETH

Just now sold all my 506 WTT. Just less than hour. Thank you man or lady who bought it. 0.006 eth/wtt ($1.87)  is nice price for me.
This is really great project but I am out! Good luck for everyone who stay.

Nice deal. But. You may missed if the Gigawatt mining features will make us investor to earn much more or can maximize our daily profit.

Third batch and can't wait 'til i get my token.

yes I agree I am part of batch 3, the token should be released in early September. looking forward to see daily profit! passive income baby!
full member
Activity: 204
Merit: 101
why in hitbtc the WTT traded as IOU? Isn't that the WTT token already issued? Why token not traded there? Any other exchange that trade WTT with BTC?


Yes, the first 2 batches of tokens are issued. Once all obligations are met and the infrastructure is build then the token will also get listed. Somewhere around end of 2017.
sr. member
Activity: 1372
Merit: 264
interesting coin, is there an exchange for it? or it is just a private token?

https://etherdelta.github.io/#WTT-ETH

Just now sold all my 506 WTT. Just less than hour. Thank you man or lady who bought it. 0.006 eth/wtt ($1.87)  is nice price for me.
This is really great project but I am out! Good luck for everyone who stay.

Nice deal. But. You may missed if the Gigawatt mining features will make us investor to earn much more or can maximize our daily profit.

Third batch and can't wait 'til i get my token.
hero member
Activity: 551
Merit: 500
why in hitbtc the WTT traded as IOU? Isn't that the WTT token already issued? Why token not traded there? Any other exchange that trade WTT with BTC?
newbie
Activity: 36
Merit: 0
interesting coin, is there an exchange for it? or it is just a private token?

https://etherdelta.github.io/#WTT-ETH

Just now sold all my 506 WTT. Just less than hour. Thank you man or lady who bought it. 0.006 eth/wtt ($1.87)  is nice price for me.
This is really great project but I am out! Good luck for everyone who stay.
member
Activity: 115
Merit: 10
interesting coin, is there an exchange for it? or it is just a private token?
sr. member
Activity: 420
Merit: 250
Tax Attorney - Investor - Entrepreneur

I am a tax lawyer; not in America

Nobody believes you're a tax lawyer but just the admission you're not one in America means you don't know what the hell you're talking about. Nobody should listen to you. Nothing  you say applies to anyone who is a customer of Giga Watt, you're a nobody looking for attention on the internet. Go to law school in the U.S. pass the bar exam and then you can come give us free legal advice. Otherwise what you're doing is illegal,
Quote
in the United States, it is illegal for a non-lawyer to give legal advice with or without a disclaimer
https://www.quora.com/Would-it-be-illegal-for-a-non-lawyer-to-give-legal-advice-without-a-disclaimer

And all the information you're spread is false, and your services were never solicited



Now I know why you write me a PM telling me to suck dick..


First of all don't quote me and leave the part where I state that because I am not a Lawyer in america, contacted advisors IN AMERICA....


Second, general discussions about law-related matters, that do not get down to the granular level of “Yes, you should do X” in such a manner that it is reasonably foreseeable that the person hearing such advice may reasonably act upon it, does not amount to “legal advice.”


FYI, nothing I mention in this thread qualifies as “legal advice.” You are not my client, no-one else is my client, and this is a general discussion, not related to any particular legal matter.  

Pointing out where problems might occur, is legal and me having a law degree in another country does not change anything.  In front of the law (even US law) I am like the average joe discussing potential cliffs.



I hope you got it off your chest now  Roll Eyes
You don't read very well, I asked if you learned to be jail house lawyer in order to avoid sucking dick in jail cause your advice is worse than a jail house lawyer..being you're reading comprehension is so horrible it's no wonder your advice is so bad.
You don't have clients so STFU
You're handing out advice telling people America will force them to open a company if they host a miner..dumbest thing ever and you didn't put a disclamer saying you don't know WTF you're talking about you said you're a lawyer, even you're avatar you're trying to pass yourself off as some kind of legal tax authority yet the only important part of your post is you know nothing about the American legal system and you're making comments on your interpretation of American tax laws.
You should go back to part I quoted and highlight it so everyone knows you're trying to pretend to be a lawyer but not in America so everything else you say is meaningless since the company is in the U.S. your opinions are meaningless and just spamming misinformation because you're an attention seeking whore.



Do you work for GIGA or whats your problem? Either your a child or or mentally a bit behind...


In your last 36 Posts you took the time to insult me 3 times,  mention  GIGA  13 times, telling everyone how great they are and message me privately to insult me some more Roll Eyes...


You should learn some manners. Even if you don't like what people say, it most likely is valid and you might want to work on your reading comprehension because I told people people to contact lawyers or tax accountants in the US before conducting business as a foreigner to be sure every legal aspect is inspected...


Anyway, go ahead and insult me some more Im done with you. Roll Eyes
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