I've just learned about Giga Watt in the last few days, and I'm very interested, but I have a few questions! Have been looking things over here, but I'm still unsure of a few things.
I understand that by purchasing WTT Tokens now, I can host miners at Giga Watt "rent free" for 50 years.
There is the charge for electricity and maintenance, as a holder of WTT tokens you are guaranteed space in the facility for your miners.
THE PROBLEM is finding and purchasing (2) Antminer L3+ miners.
They are indeed in demand. Keep an eye on the Giga Watt web to see when they become available. Also, send an email to Giga Watt sales/support and tell them that you want two L3+ miners. Before you do that, at least buy the WTT tokens and make sure that you have enough to pay for the miners.
When I ordered my L3+ a while back I had purchased WTT tokens (hopefully in batch 1), and had bitcoin ready to pay for the miner. I understand that things have changed since then. Giga Watt can tell you the new requirements if you contact them.
Questions:
Speaking of speculative value, it appears that WTT Tokens WILL appear on crypto exchanges - IS THAT CORRECT?
That's what has been communicated.
If so, has it been announced which crypto exchanges WTT Tokens will appear on?
No. That will come sometime after the ICO has completed. I seem to recall seeing an estimated date earlier in this thread.
Ideally, it would appear my best bet would be to wait until I can secure a couple of Antminer L3+ miners, and at that time hope I can pick up some WTT Tokens off an exchange, or just pay rent to a WTT Token Holder to host my miners - IS THAT CORRECT?
WHY would I purchase 1,760 WTT Tokens in advance if I DON'T have any miners yet, and I'm NOT interested in renting out WTT Tokens (because I don't like the ROI time)?
If you
know you want to have Giga Watt host your miners, buy the WTT now during the ICO. Worst case is that you hold the WTT until you can order miners from Giga Watt or somehow secure your own miners that you can then send to Giga Watt.
Is there any speculation of whether WTT Tokens will go up/down once they get listed on a crypto exchange?
If the speculation is that they would hold value or even go UP in value, then purchasing 1,760 WTT Tokens during the ICO would make sense.
If the speculation is that they will go DOWN in value once they list on an exchange, it would make most sense to WAIT and just acquire WTT Tokens at a lower price from an exchange when I can acquire a couple Antminer L3+ miners.
Well, it is speculation. Prices could move higher or lower, depending on demand and supply of WTT on the exchange(s). If you buy in now you know the price you will be paying. If you wait until they are trading on an exchange, your guess is as good as anyone's as to what price you will pay at that time.
The value proposition for me, personally, is the availability of inexpensive electricity. Giga Watt's electricity plus maintenance cost is roughly 33% of what I pay now for electricity, and that doesn't include my cooling costs.
Will Giga Watt allow me to host my miners rent free with them if I purchase my WTT Tokens at a later date from an exchange versus buying them now during the ICO?
Try reading older messages in this thread. I believe that this question was already answered. You could also contact Giga Watt directly and ask.