Quote from: GlobalProtection on March 01, 2018, 06:15:20 AM

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I have questions about this token explanation (above) in order to value the token properly.

1. How much more am I making per month with one miner plus having all the needed tokens compared to someone else who has the same miner at Giga-Watt but does not have any tokens? If the difference in profit is significant over time, then the tokens have good value. If we can get a number cruncher on here to help out with the answer it would be appreciated. At what point in time do the tokens pay for themselves? I hope not after fifty years.....

2. I thought the hosting fee would be eliminated if you have the token, but apparently I was wrong. Please comment on this also.

Thanks, G.P.

I have the same questions. Before the ICO was over, a calculator on the GigaWatt website answered your first question very efficiently. I think all us would appreciate having access to that calculator again, or maybe someone can replicate it. An additional question related to this, I think, is what the calculator indicated in May/June/July of 2017 when the price of BTC was about a fifth of what it is now; I'm pretty sure the cost of electricity has not increased proportionately. It would be a good idea to just verify that the returns we're getting are in line with what the calculator showed, and that the 15% fee is what's being deducted from the right amount. The more our miners and tokens earn, they more the company earns. So it's hardwired for win/win. And I trust they calculated a high-enough fee to make business sense. If all goes well, and I'm very confident it will, the price of tokens will increase and GigaWatt and token owners will all do well. I hope we can crunch some numbers through a GigaWatt calculator again.

Second question... It was my understanding as well that if you had more tokens than the equivalent power consumption of the miners you host at GigaWatt, then the cost of hosting would be completely covered. I do have more tokens than miner-power-use, but I am being charged small fees for hosting. Would appreciate an answer about this if anybody out there knows.

A third concern for me is about the possibility of the miners we purchased months ago going obsolete before they're deployed, and whether or not they'll be able to keep up with the speeds of more recent machines once they finally are deployed.

Sorry I can't answer your questions. But maybe some people who can answer, will.