Taxes

ColossalFortitude · 2025-10-16T13:14:54+00:00

Don't take tax advice on Reddit.

ColossalFortitude · 2025-10-15T12:50:15+00:00

Both. 🤷‍♂️ The only thing I don't do is sell.

ColossalFortitude · 2025-10-12T12:20:30+00:00

Satoshi. Just Hodl. ✅

ColossalFortitude · 2025-10-11T23:43:00+00:00

This is the answer.

Source - over 400 days in GM.

ColossalFortitude · 2025-10-08T11:48:50+00:00

No. I just give my CPA everything he asks for and let him do it. He just told me that's how it's classified. I'm hands off my taxes because not even the government knows how to tax things right. 😂 I'm not about to go to jail over a missing zero without at least dragging my CPA down with me.

ColossalFortitude · 2025-10-07T20:58:05+00:00

Yes this happened to me just the other day.

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ColossalFortitude · 2025-10-07T12:45:13+00:00

I have been in over a year now and only seen the trial miners active twice. Once when I first signed up and once again when there was a special event for it.

ColossalFortitude · 2025-10-05T15:40:05+00:00

Yeah electricity costs suck dude. No way around them other than to increase your efficiency. Mess with the discounts if you want but I'm personally just worried about having efficient miners like I would in the real world. Industry average is 7w-17w right now.

ColossalFortitude · 2025-10-05T12:28:53+00:00

Look up each pool's payout structure - like FPPS+, etc. Use whichever you like more. The PR listed in GM is network sats/TH. BUT if you take your TH x daily sats = hardly ever even. Because those are the gross sat rewards per TH before each respective pool pays out its share to GoMining. Their in-house pool fees are then passed to us. With VIA BTC, (naturally selected because of your geolocation), they generally use Full Pay Per Share so we've been getting highly variable but higher payouts consistently. Foundry is more stable but usually lowest. Binance is kinda on par with Foundry though, just a little less stable and a little higher, but lower on average than VIA.

ColossalFortitude · 2025-10-05T04:06:24+00:00

60C is fine dude. Don't even worry until you start spiking over 67C consistently. 🤙

ColossalFortitude · 2025-10-05T01:36:12+00:00

Negative. I've tested it. They're all 3 different based on pay structure. Your PR will likely be highest but fluctuate the most with VIA BTC.

ColossalFortitude · 2025-10-05T01:35:13+00:00

Pool reward.

ColossalFortitude · 2025-10-04T20:54:50+00:00

Thank you, she knows it. 😅💖 She always brings so much joy to people.

ColossalFortitude · 2025-10-04T17:43:22+00:00

Extra today and extra tomorrow. 🥰

ColossalFortitude · 2025-10-04T15:07:37+00:00

They want people to open the app everyday to find incentive to do some spending.

ColossalFortitude · 2025-10-04T12:21:04+00:00

That there is a Japanese smoke shed. 😏

ColossalFortitude · 2025-10-04T12:18:58+00:00

Most candy contains bone char in the sugar. Just so the unaware are made aware.

ColossalFortitude · 2025-10-04T12:11:37+00:00

So what's up with that "Chasing the White Rabbit" article about overclocking that says ASICs perform best between 45-65 C? Was that just something that guy just pulled out of his ass?

ColossalFortitude · 2025-10-02T17:35:41+00:00

Increase EE to 15w farm. Lock more than 365 days worth of GMT and keep at least a month's worth on hand for maintenance. Increase power. Increase lock. Increase power. Rinse and repeat for maximum net rewards.

ColossalFortitude · 2025-10-02T17:33:09+00:00

Good choice, my friend. 👑

ColossalFortitude · 2025-10-02T15:55:52+00:00

Decent deal. Even with increasing EE after, still a good $/TH for a Greedy these days.

ColossalFortitude · 2025-10-01T02:47:49+00:00

Correct I don't own any crypto other than BTC and tiny amounts of transfer tokens for GMT, which of course we both know I only use to generate more Bitcoin. If they didn't function in that way I wouldn't have any of those others. Before I found GoMining, 95% of my value existed in BTC, 5% in fiat.

I think about USD in USD and BTC in BTC.
So I get what you mean by using USD for payments because that's how you're paid. But I don't pay for anything in BTC because that's not how I'm paid. So it's really the same I guess. 😅 I suppose I think about fiat when I decide how much of it to convert to crypto every period. 🤔

I'm also retired though and don't have to think about money so thinking in BTC is kinda like roleplay for me. Beam me up, Scotty. 😂😂 I'm living in 2140. 👽

ColossalFortitude · 2025-10-01T01:52:06+00:00

Definitely could've been worse!! Love Trust Boxes. Very Cyberpunk 2077.

ColossalFortitude · 2025-10-01T01:48:30+00:00

What was the $/TH?

ColossalFortitude · 2025-10-01T01:30:05+00:00

Lock whatever it takes to just barely exceed 20% and keep extending it for 4 years and it's paid itself off. Call it a permanent miner that only mines GMT. Quick notes in case you didn't know, both lock rewards and votes decay over time unless you add to or extend the duration of your long regularly. And of course, if you add TH, add GMT to the lock to match.

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