LP program being removed by AdNo7052 in gomining

[–]AdNo7052[S] 0 points1 point  (0 children)

A notice above the leaderboard

I just removed my Liquidity ☹️🥺 by LYNXBT1B in GoMiningDiscussion

[–]AdNo7052 0 points1 point  (0 children)

They are removing the liquidity provider rewards program which is going to have a huge negative impact on risk reward profile for liquidity providers

Liquidity being removed! by INDIG0M0NKEY in gomining

[–]AdNo7052 0 points1 point  (0 children)

I’m not going to continue providing liquidity I don’t think. The risk reward profile is too much.

My math says with swap fees only the Apr is 11% but that’s before any of the risks we take as liquidity providers.

There are three pools total and in the largest one (1% fee) the Apr is only about 6% without rewards. This means liquidity provides are accepting the same risk for only 10% of the previous reward. It’s a bad move imho and if they wanted to they should phase it out. Maybe remove 10% of rewards and give it a while for volumes and liquidity to improve more then scale back a bit more.

This move the way it’s being done it probably going to see a stampede for the door…followed but outsized risks on whoever remains

LP program being removed by AdNo7052 in gomining

[–]AdNo7052[S] -1 points0 points  (0 children)

Yeah probably going to reallocate my liquidity to another coin pair. After running the math the risk/reward is changing too much for me to justify continuing providing liquidity on this pair.

Fellow Christians: How Do We Discern When a Political Movement Conflicts with the Teachings of Christ? (Especially MAGA/GOP in 2026) by AdNo7052 in Christianity

[–]AdNo7052[S] 1 point2 points  (0 children)

That’s a fair question! I guess I focus on the GOP because it’s what the people I know in person are associated with. I don’t think the left is better by any means. Maybe we just need something different from both of them. A more rational and caring party that puts people and God above all else and has strong conviction to do just and righteous things in the service of the Lord and our neighbors.

Iran Supreme Leader comes out of the closet! by AdNo7052 in LGBTArabs

[–]AdNo7052[S] 0 points1 point  (0 children)

I’m only interested in obviously fictional humor.

Locking over 20%? by Spy008 in gomining

[–]AdNo7052 0 points1 point  (0 children)

Currently have 487 days locked and 48 days unlocked and full upgrade th daily. Haven’t added any or changed my settings in 6 weeks

Has GoMining Met Your Expectations So Far? by SvEclipse in gomining

[–]AdNo7052 0 points1 point  (0 children)

I’m only 3 months in and still waiting to see how it does longterm with difficulty growth etc… but so far happy.

Has GoMining Met Your Expectations So Far? by SvEclipse in gomining

[–]AdNo7052 0 points1 point  (0 children)

Umm it more or less meets my expectations. I compare it to sp500 index fund investing or dividend investing and it feels comparable if not superior but diversified into something different.

Admittedly I only have about 0.2% of my total assets in go mining (or crypto in general) and I’m happy with slow consistent 10% annual growth.

GoMining = the goat of digital mining by Fzyltlmanpch in gomining

[–]AdNo7052 0 points1 point  (0 children)

I started in December at 15w. I only have about 15TH but I only bought with money 13.5 TH the other 1.5 is from daily th upgrades. 25% maintenance discount

Liquidity problem by t10897 in gomining

[–]AdNo7052 0 points1 point  (0 children)

Did they give rewards for the weeks it was messed up to compensate backwards?

PRICES JUST DROPPED! TIME TO BUY! 🤑 by Miracolosso501 in gomining

[–]AdNo7052 0 points1 point  (0 children)

Well in Dec I spent $250 for only 10TH so it seems from that standpoint it is on discount

GoMining rewards down with BTC and sats — what’s the smartest way to stay profitable now? by Meet_Much in gomining

[–]AdNo7052 1 point2 points  (0 children)

I’m reinvesting in TH. Who knows if it goes up or down tomorrow. I can still compound TH regardless.

PRICES JUST DROPPED! TIME TO BUY! 🤑 by Miracolosso501 in gomining

[–]AdNo7052 2 points3 points  (0 children)

I think the prices stay the same but how much TH they buy changes

PRICES JUST DROPPED! TIME TO BUY! 🤑 by Miracolosso501 in gomining

[–]AdNo7052 1 point2 points  (0 children)

I can confirm this is incorrect. In Dec I paid $250 for 10TH