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Showing 20 of 46 results by mextrusion
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Topic
Board Tokens (Altcoins)
Re: ⚡⛏️[ANN] Giga Watt: Best Home for your Mining. Starts today!
by
mextrusion
on 09/01/2018, 23:02:55 UTC
Any good news?

My tokens were issued about 2 weeks ago and I'm generating some income on renting. But my 2 miners aren't up yet. Anyone recently get their miners up and running?

Same here. I purchased my antminer early juli. Still waiting in hardware deployment que. When did you purchase the miners by GigaWatt?

Once people get their miners deployed, they will be happy ans stop complaining.

I only purchased 1 S9 and 3 L3's

The S9 has been deployed for about 1.5 months and the L3's are still waiting.

I can't be much happier as the S9 that was deployed has already paid for itself in a month and a half.  Awesome company with some start up issues.  I wish I would have bought more. I could kick myself. My L3's will be deployed in two weeks. I can't wait to mine some to the newer coins and interesting projects they have.  I purchased about 10,000 extra tokens for the future.
Post
Topic
Board Scam Accusations
Re: Giga-Watt a scam ?
by
mextrusion
on 06/01/2018, 01:35:12 UTC
I'm starting to believe that Dave Carlson and Adam West (Gigaminer) joined forces to scam us with their new company GigaWatt Pte. Ltd.

Their announcement thread: ⚡⛏️[ANN] Giga Watt: Best Home for your Mining. Starts today!

I would like to know your opinion.

GigaWatt Pte. Ltd. is a Singapore based company that just resells miners - mostly from Bitmain - at a low premium (abuou 10-20%).

They are real, and definetely not a scam.

I agree, definitely not a scam.  In the long run it will be a great project. 

I don't understand why anyone would sue.  It only benefits the lawyers.
Post
Topic
Board Tokens (Altcoins)
Re: ⚡⛏️[ANN] Giga Watt: Best Home for your Mining. Starts today!
by
mextrusion
on 04/01/2018, 01:38:24 UTC
Any good news?

My tokens were issued about 2 weeks ago and I'm generating some income on renting. But my 2 miners aren't up yet. Anyone recently get their miners up and running?


I received batch 4 tokens (early release) two weeks ago also.  It would have nice to be able to get the 10% bonus instead of the tokens as I think this will grow. 

GW is even looking for other ways to use the power of the units for movies etc to maximize their customers profit.  Its just unfortunate that the Govt. got involved and created so many delays.  This is what we are trying to fight in a small way, I would suspect them to to what they can to stop us. Some are trying to use this also to shut them down.  I just don't get it.
Post
Topic
Board Tokens (Altcoins)
Re: ⚡⛏️[ANN] Giga Watt: Best Home for your Mining. Starts today!
by
mextrusion
on 04/01/2018, 01:32:02 UTC
Any good news?

My tokens were issued about 2 weeks ago and I'm generating some income on renting. But my 2 miners aren't up yet. Anyone recently get their miners up and running?

They are not scammers, very bad management and communication. I am making money off of them and almost have my S9 miner paid off in a month.  I am still waiting for a few more that I purchased later.

IMO Gigawatt is the ultimate use for a token as it does some utility and not a share as I don't have any rights to any profits or control of their company.  Many of the tokens out there don't do anything and could be a problem.
Post
Topic
Board Tokens (Altcoins)
Re: ⚡⛏️[ANN] Giga Watt: Best Home for your Mining. Starts today!
by
mextrusion
on 28/12/2017, 03:48:41 UTC
I received my tokens today but I have seen that I can not send them to HitBTC for example. Etherdelta was hacked days ago. Have they said when they will put the token on other exchanges?

It would be better to hold it or rent it out while no new exchange for WTT. You can still earn while waiting and remaining PODs is not yet complete.

I can see that WTT value will probably rise up once more just like before since the token is limited.


I'm not sure if the tokens are really limited as their whitepaper indicates that they have the right to offer more coins as they need to get money so they can build out more pods.

I'm not sure that they care about the people that gave them money.  Although they are giving out an extra 10% percentage of tokens to those that have been exceedingly delayed.
Post
Topic
Board Tokens (Altcoins)
Re: ⚡⛏️[ANN] Giga Watt: Best Home for your Mining. Starts today!
by
mextrusion
on 03/12/2017, 18:57:43 UTC
.
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Giga-Watt! Get your shit together! Stop with the delays! You could be so much better than you are now!
.
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Just imagine if you could buy a miner for $2,000+ and have it mining in one day! Was that not the original plan?
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No one trusts your launch dates/predictions anymore!
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The transparency is lacking on a monumental level!


ok, i'm done. phew...

Actually if you're into the project and not hasting them to make it quicker. You should be knowing that there are still developing the PODS and that's why there are some delays.


I would prefer to in quality rather than the quantity since it would best not getting ROI on what we invested on them.

And i think WTT would go rise up when the development is complete.

GW is active on the Bitcoin forum.  They are answering questions and giving out details on which pods  your in.  They have a long list of questions answered.
Post
Topic
Board Tokens (Altcoins)
Re: ⚡⛏️[ANN] Giga Watt: Best Home for your Mining. Starts today!
by
mextrusion
on 01/12/2017, 16:23:47 UTC
It's December!!!! Where are my Batch4 tokens? Is my miner installed yet? C'mon guys, we don't have all month!

Alternatively, how about just a comprehensive and current status update? I'd be happy with that. Although the FAQ they just released has some good explanations of delays and some cool pics. So there's that!

I'm really happy that they finally came out with an explanation.  I'm a bit disappointed that people without tokens went before people that did purchase tokens and machines through them. Bought in June and followed all the rules and we have to wait until all the pods are built.  They still say coming soon.  It probably won't be until January/ feb before the miners are up because I don't think they will have the miners running for some time.

At least, in this month, we should be able to rent the tokens out to people that are mining that don't have tokens. Hmmmmm...
Post
Topic
Board Tokens (Altcoins)
Re: ⚡⛏️[ANN] Giga Watt: Best Home for your Mining. Starts today!
by
mextrusion
on 29/11/2017, 20:09:45 UTC
If anyone wants my 33 s9 miners at giga-watt they can give me the 12.34 bitcoin I paid for them and their yours.

https://preview.ibb.co/jxvBf6/Untitled.jpg

Is it 12 bitcoins or is it the $56K you paid for them?

Thanks
Post
Topic
Board Tokens (Altcoins)
Re: ⚡⛏️[ANN] Giga Watt: Best Home for your Mining. Starts today!
by
mextrusion
on 23/11/2017, 03:43:53 UTC
Hey guys,

Idea of the project is very good but I see a lot of people complaining about the team..

Deceived people but who likes this kind of concept can look at Accelerator Token, they are planning to build a mining facility in the USA powered by renewable energy.

https://accelerator.network

It looks like an interesting project but is really complicated with the tokens and voting/mining. They claim to be operational Q4 2018 with 1 MW of power (changed to 1/2MW) if they don't have any problems.  No team seen on their web site.  Strange tokens, seems like a fake company because there isn't any information or people on it. GW already has that much power mining and another 2.25 in the next couple of months I believe.  I should have my GW miners and tokens repaid off by then.   Grin

Post
Topic
Board Tokens (Altcoins)
Re: ⚡⛏️[ANN] Giga Watt: Best Home for your Mining. Starts today!
by
mextrusion
on 22/11/2017, 20:59:56 UTC
Ok, lucky you then...

I am just reading how hunderds of customers are complaining, but all with no consequence...
Giga-Watt took our crypto and fiat, so they do no have to worry, but we customers have to pay know for their incompetence. Yes you can blame it on the government, but that is just not right. If Dave Carlson has so much experience why didn't´t they just build ONE mini Pod before ICO just to do a proof of work/principle sort of say??? How stupid is that actually? There were rumours of them mining with our equipment, which we can never prove.

I say spam the internet with the truth, Giga Watt is not a complete scam, but they are just acting so arrogant! Ignoring customers.

Is it so hard to just post updates on batches WTT and mining gear once a week?


Secondly I expect other competitors with better service to come in to the market very soon... So WTT value going up in the next years is not something I am counting on...


Dear Gigawatt investors,

Like yourself I invested in the Gigawatt project believing the developers, I am aware how risky the crypto space is...
Gigawatt is an American company though and there are some countermeasures we can take as customers.

Some of you agree that gigawatt made falls claims about timeline. Excuse was unforeseen trouble although they advertise that they do this for years. After taking our money and knowing they are delays, they kept selling miners they could not deploy as advertised, second mistake.

The customer service is terrible. No updates no answers to emails, third mistake.

I believe we should do what is our right and spread the word... I ask you, and I was censored on their Telegram Chanel for this (and this from people who are in the cryptospace), but go out and spread the word:

Go on Facebook, twitter  anywhere, write what happened:
1. Gigs-Watt is not reliable
2. They make false promises
3. They have a terrible customer service
Many of us will not make a cent because of the lies of gigawatt, let's save others

Before some fanboy defends them: gigawatt took a lot of money and did not deliver. On their mane internet page even after the known delays,  they lied and ignored us. Time for payback. Because customers are always right! Censoring  people on Telegram, claiming you believe in crypto and what it stands for shame on you!!!

These guys are awful, several emails sent.  No answers yet.....   The biggest scam of 2017

This is strange.  I've never had that happen.  I've contacted them on several occasions. I've had some trouble with them not answering the questions once in a while but that may be because I worded it badly.


I'm guessing if GW was better at communicating they would make people feel better and secure.  For example, I'm guessing that their timeline schedule that they have recently started has the dates listed on them.  I understand the dates to be the completion date.  They may be looking at the dates as when they start a task.

They seem to be a good company but with poor communication. Worst case, perhaps a little of their bonus tokens should be taken away for not doing a good job as in any standard company would do. I don't even know if it is possible.  Bottom line is that we are just investing in a new thing and risks are alway there. It would be nice to be able to help them somehow.


Post
Topic
Board Tokens (Altcoins)
Re: ⚡⛏️[ANN] Giga Watt: Best Home for your Mining. Starts today!
by
mextrusion
on 19/11/2017, 19:10:05 UTC
Dear Gigawatt investors,

Like yourself I invested in the Gigawatt project believing the developers, I am aware how risky the crypto space is...
Gigawatt is an American company though and there are some countermeasures we can take as customers.

Some of you agree that gigawatt made falls claims about timeline. Excuse was unforeseen trouble although they advertise that they do this for years. After taking our money and knowing they are delays, they kept selling miners they could not deploy as advertised, second mistake.

The customer service is terrible. No updates no answers to emails, third mistake.

I believe we should do what is our right and spread the word... I ask you, and I was censored on their Telegram Chanel for this (and this from people who are in the cryptospace), but go out and spread the word:

Go on Facebook, twitter  anywhere, write what happened:
1. Gigs-Watt is not reliable
2. They make false promises
3. They have a terrible customer service
Many of us will not make a cent because of the lies of gigawatt, let's save others

Before some fanboy defends them: gigawatt took a lot of money and did not deliver. On their mane internet page even after the known delays,  they lied and ignored us. Time for payback. Because customers are always right! Censoring  people on Telegram, claiming you believe in crypto and what it stands for shame on you!!!

These guys are awful, several emails sent.  No answers yet.....   The biggest scam of 2017

This is strange.  I've never had that happen.  I've contacted them on several occasions. I've had some trouble with them not answering the questions once in a while but that may be because I worded it badly.
Post
Topic
Board Tokens (Altcoins)
Re: ⚡⛏️[ANN] Giga Watt: Best Home for your Mining. Starts today!
by
mextrusion
on 19/11/2017, 19:08:49 UTC

Oh no ..... The last I heard for batch 4 was November-December... This is the first time I heard January. That would make it 7 months.  I guess I have to wait.  
No they did not say about January, this is my assumption. They say about December now, but I won't be surprised if it turns out to be January.  And why are you saying about 7 month?  As far as i remember last token batches were planned to be release on Sep,15th.  So even in January it will be 4 month delay.

Thanks, I feel a little better.  Its been 7 months since I've spent the money (not delayed) on all the miners and tokens.

Post
Topic
Board Tokens (Altcoins)
Re: ⚡⛏️[ANN] Giga Watt: Best Home for your Mining. Starts today!
by
mextrusion
on 19/11/2017, 13:08:32 UTC
1. Gigs-Watt is not reliable
2. They make false promises
3. They have a terrible customer service
Many of us will not make a cent because of the lies of gigawatt, let's save others

Before some fanboy defends them: gigawatt took a lot of money and did not deliver. On their mane internet page even after the known delays,  they lied and ignored us. Time for payback. Because customers are always right! Censoring  people on Telegram, claiming you believe in crypto and what it stands for shame on you!!!
What tokens batch you are?  And what batch of miners did you buy?    

True they have delays, but this is definetely not scam.   We can see that it was american authorities who put unforseen requirements for UL certificate on PSUs, that is why they couldn't use Bitmains PSUs as previously planned, and has to look in China for another PSUs.

They are deploying batch 1 and 2 miners now, and plan to deploy the rest in December (i think this maybe Dec-January).

And yes, they should have a better support.

Oh no ..... The last I heard for batch 4 was November-December... This is the first time I heard January. That would make it 7 months.  I guess I have to wait. 
Post
Topic
Board Tokens (Altcoins)
Re: ⚡⛏️[ANN] Giga Watt: Best Home for your Mining. Starts today!
by
mextrusion
on 17/11/2017, 02:46:40 UTC
I am in batch 3 - all my tokens have been issued since 1 week ago.

I rent them out at the cheapest rate (4.2 cents) - but only max 70% of my tokens is rented out at any point of time.

any idea why ??




Did you try renting out your tokens at a higher rate like 6.5?  If so, what was your experience trying that?

Thanks


At 4.95 only 30% stays rented out.

At 6.5 I was getting about 15% rented but it changed a little up and down
Post
Topic
Board Tokens (Altcoins)
Re: ⚡⛏️[ANN] Giga Watt: Best Home for your Mining. Starts today!
by
mextrusion
on 17/11/2017, 02:44:49 UTC
and here you can see how to rent out the tokens:

https://www.youtube.com/watch?v=9tB71aP1Upo

Let's say we have 200 tokens (example) and we imput 6.5 as the rental fee.  We then get 50 tokens rented out, but it stops there. So we figure that we must have set the amount too high and we want to change the rental fee for the rest of the tokens.  How do we change the rental fee for the rest of the tokens and if we do that will the tokens we have rented out already be placed under that lower rental fee or will they stay under the higher rental fee that they were already placed under?
It seems to me that it is all or nothing. Yo have to pick your fee and stick with it.  They will let you rent what is available.
Post
Topic
Board Tokens (Altcoins)
Re: ⚡⛏️[ANN] Giga Watt: Best Home for your Mining. Starts today!
by
mextrusion
on 17/11/2017, 02:42:13 UTC
Does anyone know if giga-watt ( scam ) has a slack or telegram channel?  They are not responding to my emails.

regards
https://web.telegram.org/#/im?p=@wtt_token

I emailed GW yesterday and they were very quick to respond, forthright, and refreshing.  I doubted the program at first also because I didn't see much going on and some of the things they said weren't getting done (like token release).  I'm guessing they didn't have all their ducks in a row when they started and didn't communicate it well.

The PODs are almost all up and running for the initial token investors.  Lots of stuff to keep track of for them and new rules.  Can you imagine how far ahead they will be compared to other compeditors here in the states.  They should be trusted.



This has nothing to do with pods or anything I bought from them ( which I have not bought nor ever will buy )
They promised me that I could store my miners that I bought directly from BITMAIN at their site.
Hence I gave Bitmain their delivery address.
Then giga-watt said, oops sorry we can't host your miners.
Bitmain could not change their delivery address.
My miners got delivered to giga-waat on Tuesday of this week. ( 2 days ago )
YET they have not contacted me or responded to any of my emails.
I sent them a number of emails asking them to redeliver the miners to me.
No response.
I will call them when they get into the office later today.
That is all

I wonder if they needed to be UL certified? I heard they were having trouble with them and had to send them back to get certified.
Post
Topic
Board Tokens (Altcoins)
Re: ⚡⛏️[ANN] Giga Watt: Best Home for your Mining. Starts today!
by
mextrusion
on 16/11/2017, 04:37:08 UTC
I am in batch 3 - all my tokens have been issued since 1 week ago.

I rent them out at the cheapest rate (4.2 cents) - but only max 70% of my tokens is rented out at any point of time.

any idea why ??

I haven't receive my tokens from my batch yet as I am in batch 4.  I purchased some on the exchange and am getting the same rental % at the lowest value.  I'm guessing the percentage is low as there isn't enough people to rent them out yet for mining.  I'm actually concerned how they can get renters already since the units aren't active yet as far as I know. I'm sure they have a reason.

Post
Topic
Board Tokens (Altcoins)
Re: ⚡⛏️[ANN] Giga Watt: Best Home for your Mining. Starts today!
by
mextrusion
on 16/11/2017, 00:18:41 UTC
Tokens can not be issued if the required facilities are not built for them. You can keep track of progress in PODs construction here: https://giga-watt.com/promo/timeline.

PODs 3-5 are for batch 3 tokens, next 6 Pods are for batch 4 tokens.

Mining equipment also has batches, but they don't correlate with token batches. There are only 4 token batches. Three of them are already issued. "Non-issued" means that the pods aren't built yet, therefore users with non-issued tokens can't use them, rent them out or sell them. If tokens are issued, it means that they can be transferred or rented out.

This is a bit disappointing but I understand now.  I thought the first three PODS and the one building was for batch 1-3 tokens since they are already released and building are complete.  It's going to fill up fast then; maybe already at 50% capacity. I'm guessing that the token prices will go up much higher as the availability decreases.

Post
Topic
Board Tokens (Altcoins)
Re: ⚡⛏️[ANN] Giga Watt: Best Home for your Mining. Starts today!
by
mextrusion
on 15/11/2017, 20:25:39 UTC
So are these guys a scam?
I'm wanting to invest big money here.
No , they are NOT scam, but have BIG delays.

Today my L3 miner finally started to mine there  Wink   2 month delay means $600 loss.   Sad But I am not completely upset. Smiley



They very well could've been mining with your hardware this whole time. So yeah, even though not a scam in the classic sense of the word, thieves nonetheless. Why do people insist on giving these people and others like them money? It's like you wanna be scammed.

To give trolls like you someone to put down so you can feel better about yourself. Really, I'm truly surprised that you didn't know that. Roll Eyes I mean it must be really hard living with yourself being so perfect and all, never making a mistake, never being scammed, never having to trust anyone. Sure is gonna suck for you when you move out of mommy's and daddy's basement and have to survive on your own, having to trust people you don't know. It's gotta be tough for a snowflake like you to get over never being quite sure if the tart taste in the tea you just ordered is actually lemon.  Grin

In the business world, people trying to do new things are taking risks, and risk means that there is a chance of failure. But what it means even more is that if successful, it can be wildly successful and wildly profitable. Investors know this.

In that business world financing comes from multiple places. When the entrepreneur uses up all of their money they go to the three "F"s: Family, Friends, and Fools. Every investor in those three categories knows full well that their investment may disappear tomorrow, just like these crypto currencies we all so love. What they also do is go into these investments knowing what they are doing. If they have done their research and due diligence. They also do not risk their entire life savings. NEVER invest more than you can afford to lose on any investment. If you are betting the money you need to pay the bills this month on a high risk investment, or any investment for that matter, that's a problem, but not for me. That's your problem, and unless it directly affects me, well, I just can't be bothered.

I've invested what I can reasonably afford to lose in Giga-Watt. If it all goes to zero, well, that'll suck for me, but it won't be the end of the day for me, either. So far there have been delays, yes, but given the nature of the enterprise that Giga-Watt is setting up, they are not completely unexpected. I am earning a return now by renting my WTT tokens, and to date I have earned 5.26% on my investment (comprised of tokens and one miner that is yet to be installed). That would be 6.31%, but the price BTC has dropped significantly, which impacts the value of my earnings directly as token rental is paid in the coin the miner "using" the token mines. Token rental to BTC miners makes up the lion's share of my rental income. I am receiving hourly payouts in BTC, ETH, LTC, and DASH. There is the possibility to receive ZEC, but to date I have not been paid any ZEC.



The only reason you took the time and effort to write this wall of text is due to being insecure about an investment you made which will probably result in you getting fucked over. This is a way of patting yourself on the back and making peace with your risky (lol) investment. On top of the insecurity, you've also added a hint of post-purchase rationalization. You already seem to have accepted your fate, since you felt the need to mention that you've invested only what you can lose. Que Sera, Sera, amirite? Good luck with your..."investment".

I think this wall of text was right on and clear.  You shouldn't invest more then you can lose and the token value increase is better then any bank.

Post
Topic
Board Tokens (Altcoins)
Re: ⚡⛏️[ANN] Giga Watt: Best Home for your Mining. Starts today!
by
mextrusion
on 15/11/2017, 20:02:09 UTC
When is Batch 4 coming online?  Fook.  Every day spent collecting dust is money lost.

This was such a fail on my behalf.  Lost so much money supporting this outfit.

I do agree, we lost lots of money on this project so far and we weren't told accurate time frames when we started.  I was hoping that GW could give us extra dropped tokens or something to help compensate for the losses.  On GW side, they did need to build out the buildings which takes time and the delays weren't their fault from what I gather.  The project management and communication could have been better.

It will be nice having 50 years of free rent/low electric cost, and not having to deal with the equipment is a real plus.