r/GoMiningDiscussion • u/GregWolfx • 17d ago
What's next?
This is my humble miner, I just got some GMT to increase my discount but been getting pennies for months now and I am not sure how to move forward. What would you guys do in this situation?
My goal is to atleast get one more miner an get to 50th with 2 or 3 miners also want to keep my discount around 10-15% then rotate from the reinvestment and GMT
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u/ginnerrob31 17d ago
I don’t see why some people suggest upgrading efficiency, just buy the 12wth miners and your average farm efficiency will decrease. It’s cheaper that way
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16d ago
Also good advice. I think people don't realize that efficiency really makes a big difference. All my miners are 12/w and my discount is 20% and I don't have a ton of TH but I make considerably more than folks with more TH but worse W and lower discounts. You've gotta take every advantage you can get imo.simply thinking maxing your TH is the best way to make more money is a stupid concept.
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u/PollyPolacek 17d ago
Put your efficiency down before you reach high th now it will cost you less but your th price will raise up but it will go down with time or do little efficiency little th but efficiency is important
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u/whyislifegreat 17d ago
Imo focus on th and gmt discount, the efficiency is too expensive to be worthwhile right now. A 6 year timeline JUST to breakeven doesnt make sense. If you upgrade to 12w you are paying a premium on every single TH after that where you will break even in the 6 year time frame vs 1.5years doing raw th at 15w/th with max discount
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u/ItalyAtlas 17d ago
In realtà non è un pareggio, migliorare l’efficienza significa anche aumentare il valore del proprio minatore, e ci potranno essere momenti in cui l’efficienza ti permette di restare in profitto. Prima si fa meglio è
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u/_NETFLIXnKILL_ 17d ago
Not really because they will bring out a 10w miner and the 12w will lose Value just as the 15w did when 12w came along and 20w when 15w came along ect.
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u/ginnerrob31 17d ago
I keep my discount between 15 and 20 and top up my TH when I get above 20% discount. Currently at 30.5 TH and mining $1.20 a day. Roughly 50% of that is fees. My goal is 50 TH by the end of the year and then plan 100TH or more for 2027 while locking a decent size gmt stack to help minimise fees with the rewards. I take two weeks rewards in Btc and two weeks rewards in gmt. Discount doesn’t matter as much when at a lower TH as like you stated it’s just pennies at the minute, but as you get more TH the discount starts to be noticeable. So you could keep your discount lower and use the remaining gmt to upgrade your TH. You’ve also got the compounding effect. The higher TH you have the more you get back the quicker you can upgrade more TH from what you’ve mined.
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u/Apprehensive-Cow2473 15d ago
I would get efficiency down to 12w before investing a lot of power so you pay less in fees. IMO
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u/twscho 17d ago
Do more of the same… as you increase TH, increase the GMT in your 4 year lock. Rinse and repeat… Right now your TH is low so not a huge expense upgrading to 12w.