Giga Watt Giga Watt

Giga Watt

WTT can be used from the very first date of issue. Giga Watt facility`s distinctive infrastructure consists of numerous independent mining units. This unique design allows for record-fast expansion, and the first units can be operated while the new ones are still being built.
past
Jun 2, 2017 — Jul 31, 2017
Raised 18 569 201.80 USD
Goal 135 138 ETH
Cap 135 138 ETH
Prices
  • From Jun 2, 2017 Till Jul 31, 2017 —
    75 WTT 1WTT = $1.08214
    =
    1 ETH 1ETH = $837.873
About

Giga Watt is a crypto mining facility with five megawatts of available power dedicated to running mining hardware and an additional 50 megawatts of power in development. Giga Watt is located in Washington state and has access to cheap, clean hydroelectric power at 2.8 cents a kilowatt hour. This rate is well below the United States national average of 18 cents per kilowatt hour and lower than the Chinese national average of 11 cents per kilowatt hour. According to CEO David Carlson, these low power costs mean that Giga Watt’s expenses average at around $500 per bitcoin mined. The object of the sale is an ERC20 token called Watt (WTT) which is backed by Giga Watt’s mining infrastructure and represents a single watt of mining power. As Giga Watt’s energy projects come on line and the facility adds additional power resources to their grid, they plan on issuing additional watt tokens. There will never be more watt tokens than there is available power at the Giga Watt facilities.

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Giga Watt's distinctive infrastructure consists of numerous independent mining units. This approach offers flexibility in the farm’s capacity, minimizes construction costs and allows to bring capacities into operation progressively, while new units are being built. Our vast experience in building mining facilities gave us the expertise to select, build and employ the best technologies for mining. We know what works, and to accommodate all types of miners we are implementing the most cutting-edge proprietary solutions.

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Features

- The Giga Watt Project is built in partnership between Giga Watt, Inc. a U.S. company, which offers mining hosting services, WA facilities, and GigaWatt Pte. Ltd., which sells mining equipment to customers worldwide
- WTT token representing the right to use the Giga Watt's facility's capacity, rent-free for 50 years, to accommodate 1 Watt's worth of mining equipment power consumption
- Token holders who are not personally interested in mining or have spare tokens can rent them out
- The following three pools are available to Giga Watt’s clients: Slush Pool to mine bitcoins, NanoPool for Ethereum and LitecoinPool for LTC
- Transparency: every two weeks mining facilities are available for visitors in Wenatchee, WA
- Proprietary design of mining facility units
- Low electricity and maintenance fees. Zero setup fee



Technical Info

Technical details:  WTT is an ERC-20 Ethereum token Proof of developer:  Public team

Activity

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Team

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

Security and Smart Contract CTO
unverified
Edward Khaptakhaev
Legal counsel
unverified
Leonid Markin
Financial management
unverified
Daria Generalova
Communications and PR
unverified
Dave Carlson
CEO
unverified
Hayden Gill
VP of sales
unverified
Adam West
VP Business Development
unverified
Kyle Sidles
CTO
unverified
Jeffrey Field
Lead Engineer
unverified
Brian Armstrong
Operations Supervisor
unverified
Sinden Harum
Executive Manager
unverified

Advisors

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3.77

stable
5.0 16
ICO Profile Vision Activity Potential Product Team

icorating stable
icobazaar 3.4

Collected:
0 USD
The amount in USD is calculated at the closing date of the ICO
Goal: Cap: 0 ETH 0 ETH ICO: 2 Jun 2017 31 Jul 2017

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