Giga Watt, found at giga-watt.com, claims to be the “best home for your mining” as well as the “world’s first full-service mining solution provider.”
The only contact information available for GigaWatt Inc. are the following email addresses:
- Customer Support: [email protected]
- Press Inquiries: [email protected]
- Open House Visit: [email protected]
Is Giga-Watt a scam? Testimonials
Unfortunately, we’ve just received a troubling report from one of our subscribers, indicating that GigaWatt might be a fraudulent mining service. Here is the testimonial which was sent to us on January 1, 2018:
Greetings, I wanted to give you a heads up of a scam / deceptive trade practices. My dad lost $50,000 with GigaWatt (the miner company based in Wenatchee, Washington) and the coins to be traded on the GigaWatt (MTT) sold by Cryptomonous. Very Enronesque. He bought mining equipment that was to be delivered in June but they have failed to deliver or give a refund of the miner. They have now agreed to refund the amount of the coins. But we are having to take the matter to the Attorney General of Washington to get a refund of the miners on the basis of deceptive trade practices. I have a slew of information about this company – including the alter-ego between Cryptomonous and GigaWatt. I have been to GigaWatt’s offices and were met with a handful of young women who likely worked at Wal-Mart prior to this job. It was a boiler room sort of feel inside an airplane hanger!!!! I suspect there are lots of people who have been scammed by them. GigaWatt funds its operation by selling “miners” and then Cryptomonous sells “coins” under MTT that can only be mined on GigaWatt miners. And then they got themselves into a bigger deceptive practice – bitmain.com/en/gigawatt-infringement-announcement/. Thank you for warning people about this scam.
The reviews we found on Google, averaging 1.8 stars out of 5, for Giga Watt Inc. are unflattering at most, as you can below:
Trash do not trust this company
Orders delayed months, no communication or transparency. They still sell miners on website for December yet my orders from August/September won’t be setup. I cannot even dispute my orders with my credit card company… just keep fingers crossed this company stays afloat
Cannot recommend them to anyone. Poor customer service
Shaddy company! Nothing but a run around. Over promise, and late deliveries on product and when you ask for answers they just ignore you.
This company is a soft ponzi scheme. Very late in delivering the product and dishonest. They will use being delayed as an excuse while they’re overclocking your equipment and send you the used machines afterwards.
Giga-watt.com is a rather popular site, it would seem. According to SimilarWeb, their global rank is 145,834. In the US, they are ranked 65,325. which comes as no surprise since almost a third of their traffic comes from the US. They are also slightly popular in Russia, Germany, Switzerland and Canada.
Much of their traffic is referred from Whattomine.com, and they also seem to have a connection with Cryptonomos.com.
If you too were scammed by Giga Watt, please share your story with us or any information you have about them by commenting below.
In case you’re interested in legitimate mining opportunities, feel free to visit our Cryptocurrency Mining Guide.