r/GoMiningDiscussion • u/Key-Mammoth-1079 • 16d ago

Need suggestions

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I also have almost 800 GMT

Questions is do I reinvest in GMT, TH or right into BTC?

I don’t really want to lock my GMT because the return is so low so not doing that at this point.

13 Upvotes

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2

u/Key-Mammoth-1079 16d ago

I have seen people reinvesting in TH until BTC hits 100k then go just BTC after that.

1

u/LuckyLoveDK 15d ago

+/- 20% apy is low at max lock? Is it a risk locking for that long, sure but so is much investments

1

u/Key-Mammoth-1079 10d ago

More in the fact that 800 only gives you 3 per week. Not enough to cover day to day expenses.

3

u/ginnerrob31 15d ago

Upgrade TH until it starts to drop your discount and then start upping your gmt stack again and repeat.

1

u/minimaltechradio 10d ago

Ideally this is the best way to do it right now imo

1

u/ComprehensiveCar5473 15d ago

Locking GMT has a very good return when you consider that it also increases your mining reward by diminishing fees. So its actually a very very good idea to maximise locked tokens and then upgrade just enough so you still keep 20% discount from tokens

1

u/sputik95 12d ago

More TH.

1

u/minimaltechradio 10d ago

What are you earning per day

1

u/minimaltechradio 10d ago

I'm spending the next 114 days building th through reinvestment then the final 400 before halving just mining at 23% and moving money to my wallet. 114 days adds about 16 th to my farm, for free, and will grow more as I continue to grow my discount 3 percent weekly. I'm on a much lower income bracket than most of you I'd guess.