I must pay you for a miners and buy tokens? It is complicated. When gigawatt token value rises, costs of minig rises too?
If the WTT token rises in value, it doesn't increase the cost of mining; it increases the cost to receive the cost savings. So you'd have to factor in cost benefit analysis stuff to decide if a WTT token worth $5 would be worth it or not (Open exchange potential price used)
At what price BTC cost for purchase of tokens of Giga Watt is calculated?
For example: Today I want to buy Giga Watt tokens for the sum of 1 BTC. 1 BTC = $2667 is meant by I will receive 2667/1.05 = 2540 WTT tokens? If tomorrow 1 BTC costs $3150 and I will buy tomorrow I mean I will receive 3150/1.05 = 3000 WTT tokens? Explain how this happens?
The price is converted instantly, so yes if you buy today and btc price goes way up to $10,000 each you did lose out on a lot of potential tokens.
However if the btc price drops to $150 tomorrow then you got way more tokens than you would get.
Timing is everything.
Guys,
I didn't find it, but will there be a possibility to use GPUs to mine on this facility?
Cheers,
GPU mining rigs can be set up there, they have a $40 set up charge if you use your own; or if you buy a pandaminer through them (it could eventually be directed to other mining sources)
@redrockmining, no I figure I'd wait a little and just google earth it. Expensive plane ride, however there was a news article somewhere from the county they're located in.