Topic: ⚡⛏️[ANN] Giga Watt: Best Home for your Mining. Starts today! - page 88. (Read 203299 times)

https://blog.hitbtc.com/ico-faq/

So, it is the exchange, and not a IUO token seller who owes tokens to the buyer ?    If somebody sells  futures on wtt token, isn't it him who must supply tokens to the buyer in future?   The seller gets money(BTC) now for the future wtt tokens,  not exchange, so why exchange will need to supply them? 

Hello guys,  I am willing to buy,  or to rent for a long period, 10 000 tokens.

Please PM me with your offers.

If you have less qty, that is also ok, I will take them piece by piece  

I've bought  Gigawatt  support wrote me a letter some time ago informing that they had opened .sg site for selling miners specifically to the tokens' holders.

Hello all, I am looking to purchase about 2000 WTT tokens as i had some technical failures in the final day of the ICO and my bank wire transfer sent too late and the ICO ended.

    If anyone is looking to let go of this amount let me know please!


Also curious if anyone has bought miners through the gigawatt.sg site yet and can vouch for the sale.

Thanks!

The way it usually works is that the exchange disables withdrawal function, until they actual tokens are available and they have enough liquidity to pay off the IUOs. I wouldn't risk it. Usually they'll give you an excuse if you try to withdraw, like the wallet is under maintenance or something like that.

When it says batch 4 Sept 15 under cryptonomos dashboard. Does that mean thats when your miners go live? Thats when it is operational?

Thanks!  Do you know how it works?  I assume the Seller will owe me tokens (if I buy),  but when I will get them?...  

IOUs

Anybody knows what WTT are trading in this exchange, if tokens are not issued yet ?

https://hitbtc.com/exchange/WTT-to-BTC

No need to ask for confirmation from GigaWatt.
That guy is spewing nonsense.

Anyone interested in selling their excess tokens can PM me. I have enough for 1 miner just want some additional tokens in the event I choose to move to a miner that consumes more power.

Can Giga Watt please confirm if it's true? They should accepted only US citizens for ICO then!

Giga has full control of your miners. They set the algorithm they set the pool, the owner of the miner has nothing to do and no power to decide what should happen with his equipment!!!



Also everyone who is looking to place miners there and is not US citizen or green card holder, be aware that you need to register a company in the US because it is already considered a permanent place of production and GIGA is cooperating with the IRS and will tell who the owner is when they ask.

Hi,

Another question,  If we were to order a miner will you help and set it up if your facility is used and the coin's say deposited into our Jaxx or Exodus Wallets.

What type of coins can be mined at your facilities?  Apart from the major coins what about coins like NEM, XRP IOTA and similar currencies/assets can they be mined.

As the mining hosting facility does seem interesting and hassle free for beginners like us.

Thankx

Very nice info, I want to invest in criptonomos but Im noob in mining and I dont know if all the profit generated from the miners would be for me if I have my miners there or first the companie have to pay taxes and then give me the profit. I suppose that they send you all the profit and then you can pay taxes in your countrie, or not...

The laws in Washington, U.S.A. are not pertinent to you unless you live there or choose to incorporate a company there. If neither then you aren't conducting business or creating taxable events inside the state.

Are you using a legal entity to hold the mining assets, or are the assets your personal property?  If it is just your personal property and you haven't formed a legal entity then taxation is determined by the laws where you reside.  Your mined coins could be treated as assets, income, capital gains, dividends, distributions, or any other categorization invented by the powers that be where you live.

If you formed a legal entity to hold the mining assets then taxation is determined by 1) the laws where the legal entity was incorporated, and 2) the laws where you live.  First, some places tax corporate earnings, dividends, capital gains, etc., and others don't. Second, the method by which you transfer assets from the legal entity to yourself could be a taxable event; it might be considered a dividend or salary depending on where you live.

To further complicate things, you could live in one country and have the legal entity in the other.  That's all sorts of fun.

The best thing you can do is talk to an accounting or tax professional to determine the most tax-efficient way to structure your operation.

Hey guys i just careat a group on Facebook"Gigawatt talk worldwide" for gigawatt holder to talk and discussion
 

One question, the US government will levy taxes on miners? Or will the company only pay taxes? What legislation is in the state where the company is located?

At first i missunderstood about the power cost , i thought it was 0.33 usd / kw.  So that's why iam  selingl 5280token
With (3) L3+ in sep. and D3 (2) first batch in sep.


But in fact its 0.033usd / kw.  Lol. Too much space. Between 0.33 to 0.033. (10times)


So now iam really interesting in this project again