Equipment and Hosting Sales Policy Change

Cryptonomos Team
cryptonomos
Published in
2 min readJul 6, 2017

Cryptonomos would like to announce an important change.

Due to overwhelming demand for Giga Watt’s equipment hosting services the Giga Watt project is discontinuing, for an indefinite period of time, the option of buying and hosting mining equipment for clients who do not own WTT tokens.

From now on, the orders to buy and host mining equipment are accepted only from the clients who, at the time of their equipment or hosting service order, already own WTT tokens, and the number of their WTT tokens is ample to cover the energy consumption of all the equipment or hosting service they are ordering.

Our preliminary estimates indicate that the number of orders already placed is sufficient to secure WTT token renters for current WTT token holders who are not interested in engaging in mining in the near future. Cryptonomos team is currently preparing a token holder survey to conduct a more thorough evaluation. As soon as we see demand for more token renters, we will renew sales of equipment and hosting services to clients who do not own WTT tokens.

We offer for sale the following equipment models, based on availability:

L3+: LTC payment only

S9: payment in BTC, LTC, and USD

T9: payment in BTC, LTC, and USD

Panda Miner B3 Plus: USD payment only

The availability is regularly updated on the website at https://giga-watt.com/ and in our Telegram channel at https://t.me/cryptonomos

This change in the equipment purchase procedure does not effect miners who already own sufficient number of WTT tokens: They buy their equipment in the ordinary manner. If you would like to buy or host your mining equipment but have no or have not enough WTT tokens, please buy them at https://cryptonomos.com/wtt. Detailed instructions on how to buy tokens: https://medium.com/cryptonomos/navigating-the-cryptonomos-website-to-create-an-account-and-purchase-giga-watt-wtt-tokens-113d875d26c2\.

Please note that if you intend to purchase your equipment with cryptocurrencies, we recommend that you secure your payment funds in advance. If you are paying with USD, please remember that wire transfers take time, equipment sells out fast, and it may not be available by the time your USD payment is received. Please plan your timing carefully: Token purchase process also takes time and it has to be finalized before you can buy your mining equipment.

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