DASH price is going up.....

Congratulations to all Genesis DASH mining investors.

im keen on getting some ltc too, but did a quick looked around and there is not much info on this gigawatt, saw his youtube farm etc... not much people are saying much about WTT.

Im actually leaning on to buy the l3+ from bitmain themself and ship it from us to malaysia and mine myself,
just scared this gigawatt is some vaporware.

what are your thoughts?
i admit i have only done quick research on gigawatt,
genesis mining is no problem for me its reputable.

Hi all , a newbie question here , just bought a contract from genesis yesterday , is the first payout within 48 hrs ? And where can I check my contract mine how much of point already ?



This post has been edited by kievlueen: Jul 5 2017, 09:55 PM

To join GigaWatt, I have to:

1) Purchase L3+ antminer for 51 LTC
2) Purchase 880 WTT token in order to host my miner at their storage facility?

So total cost will be 51 LTC plus 880 WTT tokens?

Exactly. You got that right.

I have done my research and due diligence on GigaWatt.

I have full confidence in their mining operations under the capable leadership of Dave Carlson, the 2017 Entrepreneur of the Year.



I have just received word from their Sales Department that my payment for my two L3+ miners have been received and is now being processed.

So, if I got limited funds, I purchase WTT tokens first and rent it out.

Then, when I can purchase the L3+ in the next couple months, then I can use the tokens to pay for the hosting service?

And this 880 tokens can cover the cost for 50 years of hosting?

Exactly. You got that right.

I think we should move to the other thread, this is no longer cloud mining

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This post has been edited by denimblue: Jul 5 2017, 10:32 PM

Sorry, I almost missed your posting.

Yes, you will receive your first payout after 48 hours.

You can check the daily mining output under MY PAYOUTS or MY ORDERS.

Thanks for your prompt reply and i just check my daily mining output it all show zero .
May i know why ? btw i having dash contract at 20mh/s .

raynman can PM your Hashflare code ?

I gave up on Genesis ....keep reject my card

This post has been edited by cofin: Jul 5 2017, 10:57 PM

Has your Dash contract pass 48 hours yet?

Not Yet .

You got PM.

Then be patient.
It will show up sooner or later.

1) purchace L3+ from gigawatt (not bitmain)?
880 token cover costs of hosting, electric, setup and maintenance of the miner for 50 years?? hummm
i dont get how they work? that is supper cheap maintenance fee? or is it expected that the token price to increases in future?
is token tradable like crypto?

https://bitcointalk.org/index.php?topic=1914900.0

it states:
"Each Giga Watt Token (WTT) represents the right to sue the Giga Watt processing center's capacity, rent-free for 50 years, to accomodate 1 Watt's worth of mining equipment power consumption."

= sounds like rent,host, electricity, maintenance free for 50 years to me.
but then....

it states:
"Usually, Giga Watt charges hosting fees which covers the rent of facility capacity, and electricity and maintenance.
Token owners pay no rent, which further slashes ongoing cost."

token owners pay no rent, what about electricity and maintenance on my hardware? i guess the electricity is going to be the biggest cost.

assume they sell all 30m tokens for USD1.1 = they will have 33mil is enough for them to pay/rent land, build pods, and pay for electricity + maintenance for 50 years??
what if electricity cost doubles in his area in the next 2 years?

for 880 tokens = USD968 assume i mine for 2 years only, that is USD 40 a month how is that going to cover their cost of rent/electricity? thats only 2 years not 50 year
if 50 years its only USD1.6 a month?
Am I missing something????

rayman have you read their 29 page whitepaper ? lol
i getting keen on this idea, will probably have to read it myself soon before i buy in.

This post has been edited by Leon be here now: Jul 5 2017, 11:09 PM

Ic , cause just curios ! haha , Many thanks for the clarification !

are you getting the
"Not eligible for checkout process. Requested amount (USD ) for x11 mining exceeds maximum daily amount (USD 100). Spent today already: USD"

I getting this too, i think what happen to me was i proceeded to the payment page without paying as I was reading on their tnc and waiting for raynman 3% code, maybe they giving me a timeout.