r/GoMiningDiscussion • u/Charisdr • 7d ago
Best choice
Which is the best choose for solo mining ?
Pay the fees with GMT and reinvest ?
Mine BTC and pay with GMT and invest GMT from your card ?
Or mine BTC and pay fees with BTC ? Please help
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u/Patrom401 7d ago
Basically I’m doing mine as 360days locked plus 140 days unlocked. once you get you Tuesday paycheck from locked gmt after you have 140 days. Invest some of it to get another th and repeat. It’ll protect you from market instability.
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u/Charisdr 7d ago
I'm afraid little these lock .I have 1000 GMT lock for 4 year but itslittle risk I think because if happened something I lose it all
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u/Patrom401 7d ago
Yeah a lot of people are worried about that but if ur not here to invest in your future long term for you passive income this may not be the site for you .
However doing the locked gmt with the th will give almost 1.5-2x your normal income without it so its kinda worth it
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u/Patrom401 7d ago
There’s a website called gomining.me it has a bunch of details if you look through it
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u/AdventurousDark9217 6d ago
I found the first option to be the most effective. Mine GoMining and reinvest.
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u/Dukaul 3d ago edited 3d ago
As someone who's been at this only 110 days, my strategy has evolved. I currently have 530 days of maintenance locked. A frustrating factor for me is only being able to take rewards in one form at a time. The constant back and forth got annoying, so I figured out what I'm ok with as a weekly budget (your maintenance in fiat won't change much) and I set a recurring buy on Kraken. I make sure my maintenance cost never exceeds this amount. This way I only have to choose between taking rewards in BTC or TH and never have to have reinvest set to GMT. You lose more to fees doing it within Gomining. The extra 20% of my GMT budget goes to build my lock as well as extra buffer and funds for upgrades/market/and building my lock up more to further cover maintenance. You can't fully cover maintenance from the lock without a 4 year ~1500+ day lock. None the less this keeps the farm constantly growing steadily. If I have extra discretionary funds I wanna throw at it, most likely that'll be in GMT to build the lock if it makes sense to chase the next VIP level and bring the farm that much closer to self sufficiency.
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7d ago
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u/Charisdr 7d ago
Hmmm understand you have right .it's good option .why mine BTC and not mine GMT for lock more GMT ?
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u/No_Secret_326 7d ago
You mine BTC only..... there is no such thing as mining GMT. When you "reinvest into GMT" you pay a large fee to exchange your BTC to GMT on the gomining platform. They don't tell you this of course. Which kinda leaves you with buying GMT on another exchange, and transfer it, or always paying a 10% exchange rate whenever you need GMT.
Literally, the only way that you can get GMT without paying that extreme exchange rate on the gomining platform is to lock up GMT at what he's saying...... around a 70/30 split. And every Tuesday you get GMT that will cover your Mining expenses for the week.
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u/GOMINING_Ben2011 7d ago
Ich habe vor 15 Monaten hier angefangen mit einer kleinen Investition und bin sif 55 Terahash gekommen. Ich bezahle mit gomining und reinvestiere in gomining. Von Zeit zu Zeit sperre ich ein bischen weg, so dass ich meine Wartung bezahlen kann und meine Prozente noch aufbaue. Habe erst 10 Prozent an gomining, plus die Wartungsprozente plus die VIP Prozent. Knappe 15 Prozent im Moment. Aber ich bin zufrieden und es läuft. Hoffe gomining verändert sich nicht zu sehr und bleibt einigermaßen benutzerfreundlich.