Author Topic: What is WTT?  (Read 180 times)

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What is WTT?
« on: July 05, 2018, 09:54:46 PM »
What is WTT?

Each Giga Watt Token (WTT) represents the right to use the Giga Watt processing center's capacity, rent-free for 50 years, to accommodate 1 Watt's worth of mining equipment power consumption. Token owners can use this capacity to accommodate their own miners or to rent it out to other users. Essentially, this is access to professional mining – with an extraordinarily low entrance threshold.

Number of tokens required to accommodate one miner depends on its power consumption.

Usually, Giga Watt charges hosting fees which cover the rent of facility capacity, and electricity and maintenance. Token owners pay no rent, which further slashes ongoing costs.


Renting Out WTT

Token holders who are not personally interested in mining or have spare tokens can rent out their tokens via Giga Watt platform, choosing one of the rental fees set by Giga Watt.

Furthermore, Giga Watt's pricing packages are suitable for technology companies, mining farms, cloud-mining projects, and even individual miners.

All of this makes Giga Watt extremely timely, relevant, and attractive to potential renters of tokens.


Source : http://www.cryptonomos.com