Is that what you thought I said, why dont you try reading it again?

My conclusion after spending a day reading is seems legit, but also too good to be true, but still legit
I was going to buy 2 unit L3+ last weekend, and let gigawatt host one, while I host the other one myself, hedging my bets.

Then my mining friend convinced me to host it all myself as we have the technical know how and location to do so, as I can get gigawatt to host it for me at a later time down the road, assuming I can rent/buy their WTT tokens. I dont mind paying extra for rent or buying WTT at US2 when the time comes, that the price for me waiting and see.
My friends L3+ will be arriving very shortly as he order months ago, setting up L3+ will be a piece of cake compare to GPU rig.
His associates are also going to by more L3+ in the near future, if for any reason I dont want to use my L3+ I should be able to sell it easily, may even Jack the price up a bit.
No one is perfect yah

I did forget about the PSU and delivery but that is still around 5.6 - 5 LTC extra, in all honestly I would not mind paying that.

Never claim I was smart, only claim I had more options then other people, I weigh my options and decide.

I asked my friends about repairs times, there are fast shipments methods to and from China, and we are prepare to take the risk.
Also with gigawatt you cant remote in to your rig, there is no way in knowing if they are oc'ing your rig and paying you the normal hasrate, or tell you that your rig is broken when it actual fact its not, or what if my rig got burn down in one of the pods they compensate? some skepticism is healthy

But like I said I have the technical know how and location to host it, these are my options, just feel safer if the I can have full control of my equipment.
I understand some people dont have accesses to spare/free rental property, also dont have the technical know how to maintain a rig, likes hassle free turn key mining experience, cloud mining suits them as its their ONLY option into mining, and it usually cost more but what choice do they have?

Like I said earlier I do think gigawatt is legit, and will most probably get them to host my rigs in the future, but for now my current options are explains above.

Oh one last thing that was strange about gigawatt, I think over the weekend I remember seeing their stocks are now push back to October, and since I saw bitmains website was cheaper and FASTER , still says September at the time I ordered, that is also a major major factor in my decision in hosting it myself.
Then recently gigawatt has updated their website and says its back to September, not sure whats happening there, creating some kind of panic buy?
Their Tokens are not all sold yet, I can always buy before it finishes, but with L3+ I dont have that option.

Time will tell with gigawatt, would love for them to host my rigs down the line when its no longer profitable hosting it myself as Malaysia electricity bill is high.
Who know by then maybe a L4 may be in the market, but at least by then every one will have a better feel about gigawatt.

Its all about options, claiming one option is superior then another option when they have no choice in options, is kind of like talking with an born and bread Christians vs Atheist

Sorry if I offend any Atheists / Christians out there.
Yeh religion is a touchy issue, you can swap it out with born bread Muslim vs Free Thinker as an option.
And apologist in advance if I offend any Free Thinker / Muslim  out here too.

My thinking at the time was my personal experience born and bread Religion has been raised one way under their circumstance,
tens to be staunch on their view, their religion is the right religion etc...
and a Atheists / Free thinker has the ability to choose to be to remain as they are or to get involved in a particular religion if they choose.

Let me try to find another analogy:

Its like saying
Person A only has Malaysian passport, and can only work and live in Malaysia.
Person B has Malaysian passport, and also Singapore PR, Person B can live/work in both countries as they choose.

But then Person A keeps saying, how good Malaysia is compared to Singapore, and all the benefits that Malaysia has compared to Singapore
To a degree they start to mock Person B for living/working in Singapore.

In retrospect I should stay away from the religion topic, or even this Malaysia vs Singapore stuff.

As I have already explained I have options, and there are many ways to mine, all comes with pros and cons.
No single way is the right or better way.
And people should respect that.

Must thanks to raynman who introduced this and me who did the analysys.
Wakakakka

But raynman PMed me about his HashNest subscription before anybody else.
I actually heard about it from him first. 

Yes true my analogy with religion is flawed, and I apologist if I offend any Atheist/Freethinkers/Christians/Muslims

Guess I should just stick with my later statement"

"I have options, and there are many ways to mine, all comes with pros and cons.
No single way is the right or better way.
And people should respect that"

lol, with Jack2/dc_talkz/Leon, no need to explain, and I feel you man.

I am really surprised that up to now, not even one person here proclaimed that Genesis, Hashflare, GigaWatt and now HashNest are scams or ponzi schemes.

Bloody shop next to me the lady every day sing karaoke full volume, time to counter back

raynman

 

According to the litecoin mining calculator, it is 0.18 LTC per day for 100 MH/s (jack2) and 0.36 per day for 200 MH/s (raynman).

The 0.33 LTC is jack2's Total ACCUMULATED payout since his contract was activated.

It is NOT his DAILY payout.

You are thinking like a trader, but we are miners first. Generating coins is our first priority, not trading.

Don't forget mining contracts are at least one year.
Most of us hold 2-year and lifetime contracts.
It is inevitable that we will be caught in a cyclical bear market.
The thing is, we didn't BUY coins to sell.
We GENERATE coins that we can hold until the bear hibernates, and the bull takes over. 

Haha! A guy with a trading mindset will ask himself

"Should I buy the mining contract now or should I buy it 3 months later?".

In the end, he will never buy. Scared this scared that.

Try it out and let us know please.
Just like what raynman do. He invest first before recommending to others.

That is so cute! 

Because you said you didn't even know what to buy! 

You don't seem to know what you are getting into.

Frankly speaking, I would prefer to visit GigaWatt in Washington State once my L3+ miners are deployed for mining.

Just to make sure they work properly and get enough cooling.

My investment in HashNest is too small to justify making a trip to Beijing. 

That would be great! I would probably pay a visit end of this year though. See my schedule how....