Your own Bitcoin or Ethereum mining facility for $0.03 KwH or less via Hydro Energy
Yesterday I had an interview with Dave Carlson, CEO of Giga Watt. Giga Watt has access to hydro energy, which makes it possible to deliver power at extreme low costs
So the value proposition In a nutshell is that Giga Watts offers you the opportunity to run your own mine, where you could benefit from the local economics (Hydro energy)by offering an all in price of $0.033 Kwh or even less with their tokens. This includes hosting of your hardware, or you can choose to purchase it via them & includes maintance as well.
So if you compare it with cloud mining you get screwed with approximately 45% on your daily awards, since you will pay costs for mining as a service, but lowers the barrier for you to step in at low costs and without having upfront capital for your hardware & with Giga Watt you will have a signification cost advantage compared to the 45% with cloud mining, but you need to have upfront capital for your hardware of course.
You decide what yields better on the long run ok? :)
Looks really interesting. Power is not so cheap on the West Coast.
Exactly the low power costs is king for this on the long term
signed up for the demo and seemed to have made 7 cents. I need to add my wallet to send the $$ there. It seems like a big commitment to signup for an entire year, too bad you can't do smaller amounts to test and see how you like the service.
True a commitment of a year is not resonating with today's world, there is where they want do deviate themselves from for instance cloud minig services I guess
i actually earned a bit with their free promo, but it's too little to withdraw. It seems you can sign up for a year, and maybe cancel and get the rest of your ETH back after earning. But I'm thinking this is too good to be true.
This is good content, your title got me lol:)
Woho than I did a good job :) thanks @cryptofixer
You do nice interviews and youtubes I enjoy watching you :) Keep up the good work !
Thanks openheart, doing my best for you guys!