Post
Topic
Board Tokens (Altcoins)
Re: ⚡⛏️[ANN] Giga Watt: Best Home for your Mining. Starts today!
by
usenet
on 26/10/2017, 06:25:31 UTC
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.

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.