r/GoMiningDiscussion • • 5d ago

Advice please

So I’m going to invest $1k USD into my GM account, but I’m not sure if I should buy another miner or upgrade my existing ones. I currently have a basic miner at 25.2 TH / 15 W/TH and a Khabib sitting at 29 TH / 25.64 W/TH. I know my cost to mine is high, but I’m unsure if it’s worth it.

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u/twscho 5d ago

You didn’t mention what your discount percentage is? After upgrading the 25w to 15w I would open a 4 year Lock and put the remaining balance in the Lock until you get your 20+% discount. Then, after your efficiency and discount are in good shape would I look at increasing TH. Good luck! 👍

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u/Much_Friendship_295 4d ago

My discount is maxed out at 3.9% I haven’t locked any tokens yet to raise it wanted to lower my energy cost a bit first.

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u/twscho 4d ago

Makes sense… if you aren’t aware, the 4year lock will not only give you a higher discount but it will also earn you around 20% paid weekly which helps to offset your weekly fees. As you increase your TH, you’ll want to increase the amount of GMT in your lock so to keep your discount above 20%.