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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.
For example: PandaMiner B3 Plus 1,250 W + 10%= 1,375 tokens
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.
WTT can be used from the very first date of issue. Giga Watt facility's unique design allows for record-fast expansion, and the first units can be operated while the new ones are still being built.
At this time, there are 3 units already in operation, which means that 2.25 MW is currently ready for tokenization, and we continue to build new units.
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.
Capacities are allocated to token holders on a first come, first served basis.