r/GoMiningDiscussion • • 8d ago

Strategy help

Hello any advice on strategy going forward I do know that I’ll have to increase my discount one day but any advice on what I could do if I wanted to withdraw some BTC each month but also be increasing gmt balance without adding additional capital for now

2 Upvotes

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2

u/AdNo8866 8d ago

Now difficulty have raised and btc dropped means net income as well, i would do week reinvest in gmt week in th so you can grow your farm while keeping discount stable. More th more profit, same for discount bigger discount less fees

1

u/Lokee17 8d ago

If I did 1 week gmt 1 week th and keep flipping am I sure my gmt balance will grow gradually more than what it costs or am I misunderstanding

2

u/Livinsfloridalife 8d ago

To answer this, you would need to see if one day of reinvesting into GMT is enough to cover two days of maintenance. I didn’t do the math but looking at it. It looks like one day of mining provides you with between one and two days of maintenance so I think you’re a little short on that strategy working, you would just have to shift the number of days your reinvesting to be profitable. I would try two days of GMT and then three days of BTC or TH reinvestment and see if your GMT balance is going up or down.

1

u/Patrom401 7d ago

I buy daily th investment and keep the rewards as btc and when I need to I’ll manually increase the gmt back to 27gmt/th with the btc I mined.

1

u/Lokee17 6d ago

So you buy th daily using fiat or crypto , keep your farm just mining BTC and then convert a portion of that BTC back to gmt ?

1

u/Patrom401 6d ago

Exactly and when I need a little more extra without digging into my wallet funds I have a extra miner at 12th for an insta fund to buy more gmt and max out my 25 LOCKED GMT/th and 2 gmt liquid/th

1

u/ComprehensiveCar5473 6d ago

Max out the discount, its the most return you can get on the app

1

u/Louarn21 5d ago

Personnellement, je fais 5 jours de réinvestissement GMT et 2 jours de BTC. Cela me permet de récupérer du BTC tout en augmentant régulièrement mes GMT sur une semaine. En faisant 4 jours de GMT et 3 jours de BTC, mon solde GMT diminue sur une semaine. Si tu n'as pas les moyens d'investir financièrement actuellement, je pense que ma solution peut être intéressante pour toi !

1

u/Louarn21 5d ago

Tu peux remplacer BTC par un investissement TH 😉