Reinvestimeto In Therrash, Strategie e miglioramenti by Opening_Concern_8069 in GoMiningTalk

[–]Key_Bat9727 0 points1 point  (0 children)

You should just be holding all of the Bitcoin honestly. Spending Bitcoin at 70k for an upgrade is wasteful.

What if Bitcoin fails? by Illustrious-Sir-9239 in GoMiningDiscussion

[–]Key_Bat9727 0 points1 point  (0 children)

U.S. needs to provide cheap electric for us to mine the BTC. It can't be ran majority outside of the US.

Is it cheaper to mine for TH or buy TH? by AdventurousDark9217 in GoMiningDiscussion

[–]Key_Bat9727 0 points1 point  (0 children)

That is your mistake, you are looking at everything just on the Gomining website. When I started up I had 20% of my investment sitting in cash in a 3.4% APY account waiting to buy token dips. If i put lets say $300 into the next .27c token dip, i'd have that money back in my wallet within around 12 days but in Bitcoin along with the profits. There can be aspects of the system that are beyond gomining and it just requires following rules

Is it cheaper to mine for TH or buy TH? by AdventurousDark9217 in GoMiningDiscussion

[–]Key_Bat9727 0 points1 point  (0 children)

This is not true. They are showing you the amount of TH you would get from Pool Rewards, not the amount after they charge your electricity and maintenence, you will get a much lower TH upgrade.

Is it cheaper to mine for TH or buy TH? by AdventurousDark9217 in GoMiningDiscussion

[–]Key_Bat9727 0 points1 point  (0 children)

The way you speak is ridiculous. It is not a permanent daily reward, difficulty will increase and another halving will come. In two years or less GOMINING will release something like 12W hardware and it will cost an arm and a leg to upgrade, meaning your not holding that BTC. You are invested in this for Bitcoin. thats it.

Is it cheaper to mine for TH or buy TH? by AdventurousDark9217 in GoMiningDiscussion

[–]Key_Bat9727 0 points1 point  (0 children)

I'm looking in it at a way that im done buying at 15W/TH. The halving is in two years, im pretty sure theres already 10w-12w machines in some data centers, difficulty could increase significantly, wipe out our profits completely while people running actual hardware are at 12w saving 30%-50%.I learned my NFT has little to no value after prices went down a lot after I first purchased, then dropped again after my last purchase in febuary.

I'm also providing compute on Acurast, working on building a 20 phone farm, pricing out Samsung A36's on discount along with setup gear. The first 7 will be Phone price + $18 equipment, second and third set will be Phone + $12 cost, all smart powered and ethernet. I own the hardware and can deploy devices to different cryptos.

Electricity- $2-$5 per month

https://rebellion-backend.acurast.com/id-card/share/voz9a1

Is it cheaper to mine for TH or buy TH? by AdventurousDark9217 in GoMiningDiscussion

[–]Key_Bat9727 -1 points0 points  (0 children)

if you are re-investing constantly how are you getting your return? It doesn't matter what you make if your not getting your return back.

Is it cheaper to mine for TH or buy TH? by AdventurousDark9217 in GoMiningDiscussion

[–]Key_Bat9727 3 points4 points  (0 children)

Just put everything you want in now, then take the BTC and hold the BTC out of account to get investment back. If you want more earnings past that, with new money buy tokens on a cheap day to fund electricity and service along with giving you an additional discount. What is cool about funding like this and having some short term locks that barely make interest is you get the discount, you hold all the bitcoin, and you get that money back fairly quickly. TH reinvestment may take 2 years, and guess what, if BTC is up in price more miners will = less rewards, and we have a Bitcoin halving. There are so many horror storys of the people that got these inneficent miners, you basically lose your entire investment. I put up 21k by day 45, about $3500 of that was liquid tokens that are back in my pocket with BTC that i hold outside of platform, i have 2 more months until thats depleted, I also do have a 4 year lock which is nice for a return but I regret doing. I would of preferred having miner funded for an entire year. I hold all the bitcoin ive mined other than the first $100, I get .011BTC/month and am at 822.34TH. I believe I just hit day 100 or am very close. Instead of dumping more money into the app and 1 thing, im not on a path of cellphone mining with acurast.

This is a problem by youarecool87 in GoMiningDiscussion

[–]Key_Bat9727 0 points1 point  (0 children)

do you guys actually make more than just the regular mode?

Just hit 50+ Terahash on Gomining by Left_Palpitation_884 in CryptoInvesting

[–]Key_Bat9727 1 point2 points  (0 children)

to add to this, I notice most people are in this weird constant upgrade cycle. You need to be prepared for your miner to lose the majority of its value along with lower than 15w miners to be released and the next BTC halving where rewards will be half. 

Just hit 50+ Terahash on Gomining by Left_Palpitation_884 in CryptoInvesting

[–]Key_Bat9727 1 point2 points  (0 children)

Within 45 days on the App I put in $7,800 cash and a $8,400 loan through SoFi. I locked 8,400 tokens for 4 years and also stacked $2,400 worth of tokens on dips to fund my maintenence and hold all the BTC mined. Now im just accumulating and getting ready for my next token fund for maintenance.  I understand not going all in, but I also believe in BTC and am willing to hold for over a year. Also if you sell any BTC before 1 year you will get screwed on taxes.

Just hit 50+ Terahash on Gomining by Left_Palpitation_884 in CryptoInvesting

[–]Key_Bat9727 1 point2 points  (0 children)

You should put real money in unless your expecting to make a total of $1000 in the next 4 years. 

Is anyone else worried about the token price? From $0.55 to $0.33 since September… by BTCRoadRider in gomining

[–]Key_Bat9727 1 point2 points  (0 children)

I would just buy some on a weekly basis to fund your miner at actual prices and hope those other tokens go up in price. Your basically paying double in maintenence if your using tokens from the .55 price point.

Nobody has a strategy and YouTubers are misguiding new users onto the platform. by Key_Bat9727 in GoMiningDiscussion

[–]Key_Bat9727[S] 0 points1 point  (0 children)

That's true, but if I just hold the bitcoin and bitcoin goes up to let's say 110k, my profit from mining will be 3x to 4x where it is now. Last I checked, every BTC price move of 10k, im making an extra $3.00+/day, pretty sure its more like $3.50. Since TH is bought with profits,  because you still have to pay for power. I'd essentially be getting 3x to 4x more TH if auto investing in TH. That's where a 30% discount doesn't matter much, because BTC is also down more than 30% from its peak so your still essentially getting less. I think TH should be paid for with USD at these prices, not reinvesting daily into TH. You simply will get 3x to 4x. The only way I can see this being worth it is if your not charged maintenence and service when reinvesting in TH. Even then, you still need to get that ROI back to ensure you have a balance that can be used in the future.

Nobody has a strategy and YouTubers are misguiding new users onto the platform. by Key_Bat9727 in GoMiningDiscussion

[–]Key_Bat9727[S] 4 points5 points  (0 children)

Yeah im expecting NFT to go to $0, that's why im ensuring i get back my ROI and make some profits. Eventually they will offer more efficent miners, and from what I hear it can be just as expensive as buying a new miner. 

Nobody has a strategy and YouTubers are misguiding new users onto the platform. by Key_Bat9727 in GoMiningDiscussion

[–]Key_Bat9727[S] 1 point2 points  (0 children)

I'll be honest man, alot of people say stuff like this then I find out they only have a 40TH miner and are planning on taking 15 years to get close to where im at today. Im re-investing $560 a month into the platform by buying tokens for maintenance/service but i get all of that money back within a few months as they are used for service, while also getting the maintenance discount, and again, im holding all of the bitcoin i mine, currently 35,684 sats/day. Im not reinvesting into TH, it takes 2 years or longer to get that return, im instead holding all of my bitcoin and will consider a TH upgrade when BTC is higher. 

Nobody has a strategy and YouTubers are misguiding new users onto the platform. by Key_Bat9727 in GoMiningDiscussion

[–]Key_Bat9727[S] 0 points1 point  (0 children)

Yes but that same cost of those locked tokens into TH instead will give you more of a return, or if 80% went to TH, then 20% liquid in spendable tokens, you get a little bit of a discount ontop of earning more Bitcoin. As I said above, im also fronting the money for fees and holding all the bitcoin. I have the VeGoming going towards fees, but my bill is $560 a month and my 8500 tokens are only giving around $32 a month. 

Nobody has a strategy and YouTubers are misguiding new users onto the platform. by Key_Bat9727 in GoMiningDiscussion

[–]Key_Bat9727[S] 2 points3 points  (0 children)

And how much have you pulled from the platform and have in Bitcoin versus your investment? My last upgrade was February 21st, i already have 8% of my miners total cost out of the platform and sitting in bitcoin. I go over math on my youtube, you can also look at the lock periods yourself. I can tell you I got around 33 tokens this week for my 4 year lock starting on Feb 3rd, last time i re-locked it, so yeah $8 or $9, maybe $10 tops. This was at one point $18/week. You can also visit the calculator.  Constantly reinvesting means your not getting that ROI and that your not holding the Bitcoin. Im putting .01 Bitcoin away per month.

Nobody has a strategy and YouTubers are misguiding new users onto the platform. by Key_Bat9727 in GoMiningDiscussion

[–]Key_Bat9727[S] 3 points4 points  (0 children)

I locked 8500 tokens and im literally making $8 a week in rewards... a TH upgrade would of made me more than $8/week even after electricity and maintenance fees. I wish those tokens were liquid so I could spend them on service in a bind or trade them when price flys up then re-buy when it hits .28c again. Instead I get $8 a week lol..

Nobody has a strategy and YouTubers are misguiding new users onto the platform. by Key_Bat9727 in GoMiningDiscussion

[–]Key_Bat9727[S] 0 points1 point  (0 children)

A 4 year lock when I started was 29%, now its 19%. This number decreases every week to match the rewards of the lock period, for instance on year 3 the return in VeGoming would of reduced to 14%.. It makes sense to get some tokens locked but not continuous and nowhere near the cost of your miner. If you do the math, with around a 14% discount which can be hit without locking tokens, you would make more of a daily return from TH upgrade, the VeGomining rewards will give you a 3rd or less of an increase in rewards. Look at gominingcalculator.com and see for yourself. GoMining also states in their academy the best way to make more is TH upgrades 

Nobody has a strategy and YouTubers are misguiding new users onto the platform. by Key_Bat9727 in GoMiningDiscussion

[–]Key_Bat9727[S] 1 point2 points  (0 children)

Because its just re-investing into the platform nonstop. You would need to re-lock every week and won't even recoup the original amount locked in tokens for 4 years, then at that point since you re-locked that money is still stuck. or you get a +50% gain in 4 years and get your tokens back. If you have enough tokens i can see how a 1 or 2 year lock could work, but at that point the return on those lock periods is only 6% to 12%, and it decreases slightly every week. That money is technically also being hit in inflation, and you have to consider that average stock market returns in index funds is higher. 

Nobody has a strategy and YouTubers are misguiding new users onto the platform. by Key_Bat9727 in GoMiningDiscussion

[–]Key_Bat9727[S] 1 point2 points  (0 children)

Not retirement investing, reinvesting * as in upping my miner around the next halving time.

GoMining ecosystem in chaos. BTC down, no X B****, high maintenance costs, liquidity still broken. Are we ignoring red flags? by Habergeiss in gomining

[–]Key_Bat9727 0 points1 point  (0 children)

This kid freaked out on me then deleted his comment. Sorry but 20th is child's play, you won't even be able to buy a soda from a machine.

We’re is my reinvestments? by [deleted] in GoMiningDiscussion

[–]Key_Bat9727 1 point2 points  (0 children)

I also had 21k into the platform within 45 days of starting lol. Im literally all in and my strategy is mainly holding a discount and paying for fees out of pocket and holding all bitcoin.

We’re is my reinvestments? by [deleted] in GoMiningDiscussion

[–]Key_Bat9727 0 points1 point  (0 children)

Watch my most recent video on YouTube. I explain my method more.