Topic: ⚡⛏️[ANN] Giga Watt: Best Home for your Mining. Starts today! - page 82. (Read 203299 times)

Cloud mining is scam, only one I know of that isn't and they charge such high rates only way to ROI is if coin goes way up in value in which case you'd make more buying and holding the coin you plan to mine. Even if you decide Giga Watt not for you I'd suggest avoiding cloud mining, most are ponzi scams no mining rest are just gonna lose you money. And if you go through forum do search for cloud mining you'll see vast majority turned into scams or were scams from the start. I hate even mentioning the name but Genesis mining is legit, but they won't sell you mining contracts at prices that you will profit from unless the coin goes up. You'll see a lot of ads and shit on youtube pushing them because they pay high affiliate commissions which is a red flag they are a scam, but I do believe they actually have the hash power they sell. However they won't sell it to you at profitable prices, they can make more mining for themselves, so unless you willing to pay more than it's worth so they can lock in their profits and hope the coin goes up in value then it's a dumb investment. You'd be better off buying GPU or ASIC miners and mining at home than using cloud miners, at least you can sell your miners when you're done unlike a contract which just ends. And yes Giga Watt is your best bet I just didn't want to come off like a shill, and seriously don't want see anymore people scammed by ponzi cloud miners or waste money on the one or two legit ones that just prey on ignorant newbies and slick advertising campaigns to make you think you'll get rich. Giga Watt just a hosting company, you can get your miner shipped back to you, it's your property. I guess startup costs are higher than cloud mining, in which case you should wait till WTT are sold on the open market and start investing that way and use profits to buy miners. You at least turn a profit even if you have to wait a few months for the tokens to be available. If you insist on cloud mining do your homework, if it sounds too good to be true it is, nobody is going to setup mining operation and sell you contracts make you rich they'd just keep it for themselves.

The project was self funded and construction stated prior to ICO, in fact tokens not released until after construction of facility and if there are delays you get refund. They been mining Bitcoin longer than you been pretending to be an internet lawyer. Now go find a white paper written by a 17 year old kid and invest your life savings into it wannabe lawyer.

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.
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.

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 

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,
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

As someone who's also working as technical support, I can tell you one thing about Giga Watt's helpdesk - it seems they hired people with some experience in other fields, they might have the soft skills, but are still learning the basics of their product. Been there, done that ... So we have to start expecting really good service and accurate answers after lets say ... 6 months !

As a customer I have the awful habit opening a ticket with multiple questions (the thing I hate the most when I'm on the other side ]:-> ) ... and in different fields - technical, financial etc. So I am asking 4 or 5 things, receive answer only on one of them . New strategie - enumerating every question / using bullets. Let's see how it works ...

Are the tokens transferable yet?  I was late to the party, but would like to acquire 10000+ tokens, if anyone has decided to liquidate.  PM me.

Finally, the answer I was waiting for! Thank you very much, that explains it all (including a really vague response from gigawatt team ) !

Nevetheless it is less profitable than giga-watt,  but for giga-watt you need to buy tokens first, here is the difference.  But  with giga-watt tokens you can mine with very cheap electricity (0.033c/kW, not 0.1c/kW).

( If you decide to try hashflare you can use my reference in signature:)  )

Thanks alot, i will check hasflare in near future.
Good advice bro

Many cloud miners look like scam - you hardly get ROI withing a year or two.  Some are quite fair, like HashFlare - I personally use it, with ROI in 3-5 months on different coins. I think you need to ivestigate who is behind those cloud minings, and read reviews, on bitcointalk in particular.  Hasflare is, for example, is run by HashCoins company who is dealing with cryptographic hardware for many years.  Alternatevely Genesis mining who advertises itself a lot, gives very poor ROI, and you can find a lot of complains about this.

https://hitbtc.com/exchange/WTT-to-BTC
Price is 0.00038btc near 1.5$ it is future but cheeper than 1.7$

do you mean that you want to sell at $1.7 ?

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

Sell total 4758 WTT
price is  0.0055ETH/WTT
about 1.7$ per token

So after i've sent an email again, they replied that mine miners finally arrived But now i have to wait till there is a rig free to set them up..... pfff

What batch are you in? I bought at $1.05 and my tokens haven't arrived yet. They said batch 1.05 was next like last week.  

Next to your WTT tokens there is a circle with three dots press that one -> then in the popup rent out (circle with pen) -> then choose a rate in the next popup (i have 4.2) -> press rent out.

Then wait till the system matches your tokens with someones miners. Can take up to 30 min. You will see the result in the blue circle.

I am logged into my dashboard I see my WTT tokens, but I have no idea how I go about renting them out.  Please help.

You can't hire tokens. If you have a miners and no tokens then the system will automatically provide you with the rate depending on the number of your miners. So if you have over 100 miners you get the 4,20 c/kWh. If only one then 6.45 c/kWh.

i was one tier too high. now it's all rented out.thanks!