No problem here.

I installed from Google Play Store.

Interested in Gigawatt. Is it possible to refund the remaining/balance BTC from cryptonomos after purchasing the WTT token? Or whatever we BTC that we transferred to Cryptonomos remains there?

Trigger pullllled. A loud shout out to Ray and Denim for introducing Hashnest and Jack for selling LTC to me (lazy to transfer BTC to an exchange to convert to LTC and transfer to HN wallet to buy hash).

This post has been edited by HHCC: Jul 14 2017, 01:15 AM

Good question.

I also have a very small amount of BTC left in my cryptonomos account, which can be burned away.

Less than 0.5 cents. LOl::

Is the amount of BTC left in your account enough to buy one token?

How much hashrate did you buy from HashNest?

Hi fellow members, I have been reading this thread and it has taken my full attention! Especially Ray, denim and jacks' persuasive posts.

I am in the midst of ordering about 20 units of L3+ From bitmain to be hosted in my own warehouse but after reading, I'm torn on whether to host it myself or at GiggaWatt.

My question is, if I were to want my machines returned to me say after a year of mining at their facility, is that possible? What are their terms of returning of our own miners?

Also, as I am new to mining (less than a month but very excited to start), as I was thinking about how to pay bitmain, since I do not own any BTC or LTC or any crypto at the moment, will the local banks like maybank allow a foreign TT or bank wire to Bitmain/giggawatt if the amount exceeds 50 or 100k? If they block it, how do I actually go about purchasing these miners? Thank you and sorry for the noob questions lol

I would not worry about GigaWatt returning our Antminer L3+ because I don't intend for them to be shipped back to me.

My three L3+ will be mining 24/7 at their facility until they cannot mine anymore.

I don't know when that will happen and I don't worry much about it.

Why incur additional shipping, handling and import tax costs to bring home some miners that are obsolete or non-functional?

I pay for my GigaWatt WTT tokens using bitcoin and the L3+ using litecoin.

I don't know of any other mode of payment.

Wow. You are new to mining and what made you to order 20 units L3+ and to be hosted in your own warehouse?

About the return of machine after certain period, let me ask the support.

For gigawatt or bitman, it seems they accept LTC only. For TT, it would very hard as you need to provide invoice and some documents for clearance since the amount is material.

Small ikan bilis like me buy small hash power only. Monitor for a few weeks and hopefully add more in the coming months.

App is very handy and I like it that you cannot withdraw your LTC through it (good security feature). Only way to withdraw is by logging in through a web browser.

Wish Genesis and Hashflare can come out with view only mobile app.

Some spelling errors like "maintaince" and "blance" found but expected from a Chinese company. 😁

Unpopular opinion, but I'm a paranoid person so I'd rather pay extra for shipping and stuff and host them myself. I'd be happy to cloud mine if its just buying hash power, but since this involves real machines and GigaWatt is new, I'd rather have the machines where I can see them. But 20 of them will make quite a noise lol.

This post has been edited by Flame Haze: Jul 14 2017, 08:32 AM

Anyone at GM Missing their payout ? Didn't get the 13th payout .

This post has been edited by kievlueen: Jul 14 2017, 08:57 AM

Received my 13th payout early this morning.

I can't seem to get SMS verification for Hashnet

Umm , will check later then .

I purchase 2 L3+ just last week, went through the same problems you are going through now

I open a Luno account, where you can deposit RM and use exchange and buy BTC, but that takes 2-5 days for them to verify IC/Address.
You better do this ASAP, as its the safest and fastest way to get BTC assuming you already got your acc verified.
I end up using my friends Luno acc to buy BTC, took 30-60 min from start to finish first payment, then it was at midnight, took longer then usual went to sleep, but it was all complete in the morning.
Coz the potential delay and my friends account is only Level 1 verification (RM10,000 per month limit) I also used some unknown guy on telegram group that my friend recommended, they all belong in a large group with verified members and mods, there are many sellers on this telegram group, I cant enter group as I still new.

Paid bitmain.com L3+ using BTC (better no need to convert to LTC)
At the time of my order can only get 1 PSU.
Few days later PSU restock, opted to pay using PAYPAL (can use paypall if its less then US200 i think), the fees were very high, should had paid with my BTC.

I actually email bitmain if I can deposit RMB to their acc as that would be my best option as have funds stuck in China, they just replied a week later they only accept BTC/LTC/USWIRE.

There are also many options in getting Crypot eg facebook,forum,exchanges websites etc.... But the safest if you use Luno or borrow a friends Luno account or find a reputable seller that you trust.
You should read the this first page, has lots of useful info re places to get Crypto, and lots of friendly/helpful people there too.
https://forum.lowyat.net/topic/4320604


I agree with you on this one

SpongeY:

My current plan was to host it myself fist coz I can I know how, got few free empty house/shoplots to choose which is a plus.
Later when ltc return/electricial cost gets low, I try get gigawatt to host, or even retire machines and get the new L4+ or what ever.

20 L3+ is a lot to hedge it all on gigawatt, overseas. anything can happen
initially I was going to host 1 form gigawatt, and other I host myself to hedge my bets, but then my friend convinced me to host it all myself, since I already got a few GPU rigs already, also ordering L3+ from gigawatt charge extra 5.6-5LTC each and takes weeks longer too.

You have warehouse and skills, options where most people dont, I suggest you do a hedge your bets, maybe 20/80
or do similar to me host myself, later get gigawatt to host (hybrid of best of both worlds), thats assuming you can still rent/exchange WTT tokens at a later time, currently their Tokens are not even sold out yet, its almost a month and they only sold half Tokens available.

No one can see the future, 20x L3+ in gigawatt is about RM285,000 or USD65k no small amount, there is no insurance,
you have options choose, if you split your hedge you create insurance.

https://forum.lowyat.net/index.php?showtopi...&#entry85606888
Look at this guy he/she has got 1000x units of old S7 to sell, probably in the mids of upgrading to L3+ too,
do you think this whale would use gigawatt? if they invest 1000x L3+ from gigawatt that is RM1.4mil, you cant even remote in to check/tune your rig.

raynman

If SpongeY is going to order 20 units of L3+ from Gigawatt, we can schedule a trip and visit them.

This post has been edited by jack2: Jul 14 2017, 09:28 AM

Don't worry.
It is only a matter of time before you get your Genesis 13th July payout.
There is no fixed time for them to credit daily payouts into your account.

But then again, Hashflare credits our daily payouts almost at the same time everyday.

Let's all go take a tour of GigaWatt's facilities at Wenatchee, Washington State.

for gigawatts...mine till L3+ kaput or replace with L5/L6...or new coin machine... for next 50yrs because we have the rights to the rental...the old L3+ is junked or sold...for now not mentioned what is the plan

for hashnest...you mine until you feel L3 has peaked and sell the hash power off early...and buy whatever L5/L6 hashpower to continue...

for gigawatts...you make more per day but only starts in October...difficulty will have increased...

for hashnest...cost more and make less vs gigawatts but you start making easier money immediately


i'm just curious how to compare the economics...anyone done the maths this way? gigawatts still ends up on top? i'm thinking loud...I don't know enough for the financial calculations...

now got L5/ L6 meh?