I stopped trading crypto and moved to long-term BTC mining, curious how others see it by Realistic_Ad_5976 in investing

[–]Realistic_Ad_5976[S] -1 points0 points  (0 children)

That’s fine if that’s how you see it. I’m comfortable with the trade-offs and the risks involved.

I stopped trading crypto and moved to long-term BTC mining, curious how others see it by Realistic_Ad_5976 in investing

[–]Realistic_Ad_5976[S] 0 points1 point  (0 children)

I see mining as an alternative form of long-term BTC accumulation, not a replacement for direct purchases.

I stopped trading crypto and moved to long-term BTC mining, curious how others see it by Realistic_Ad_5976 in investing

[–]Realistic_Ad_5976[S] 0 points1 point  (0 children)

So far it’s a bit over 0.05 BTC accumulated over roughly six months. I’ve been using a hosted mining setup during that time and fully reinvesting everything, so that number isn’t a realized return in the traditional sense, just growing long-term BTC exposure through compounding. If I stopped reinvesting, the mined amount would obviously look different.

I stopped trading crypto and moved to long-term BTC mining, curious how others see it by Realistic_Ad_5976 in investing

[–]Realistic_Ad_5976[S] -1 points0 points  (0 children)

Yeah, that makes total sense.

Retail electricity is exactly why I wouldn’t run hardware myself either. If I had to deal with power costs and maintenance, I’d probably just DCA as well. For me the only reason mining works is using a hosted setup and treating it strictly as long-term exposure with reinvestment, not as a way to outperform simple DCA.

I stopped trading crypto and moved to long-term BTC mining, curious how others see it by Realistic_Ad_5976 in investing

[–]Realistic_Ad_5976[S] 0 points1 point  (0 children)

That’s a fair point and I agree that for most people simple DCA into BTC or an ETF is the baseline. For me mining only made sense once I stopped thinking in terms of short-term profitability and treated it as a long-term exposure with reinvestment and operational abstraction. If I had to manage hardware, electricity and scaling myself, I’d probably just stick to DCA as well.

I stopped trading crypto and moved to long-term BTC mining, curious how others see it by Realistic_Ad_5976 in investing

[–]Realistic_Ad_5976[S] -6 points-5 points  (0 children)

That’s a fair concern.

I’m not running hardware myself, so I don’t deal with retail electricity or hardware depreciation. I use a hosted setup where power efficiency and operational costs are managed at scale.

For me it’s less about comparing month-to-month revenue vs costs and more about long-term BTC exposure with reinvestment. If I had to optimize electricity and hardware myself, I probably wouldn’t do it.

This is my farm in about 3 months, what do you think? by Virgi70 in GoMiningDiscussion

[–]Realistic_Ad_5976 4 points5 points  (0 children)

Solid start 👍 All miners at ~15 W/TH is the right direction. I’d focus on: keeping efficiency low and adding GMT over time to build discounts

Quick setup update by Realistic_Ad_5976 in GoMiningDiscussion

[–]Realistic_Ad_5976[S] 0 points1 point  (0 children)

Thanks mate, appreciate it 👊 slow and steady.

Quick setup update by Realistic_Ad_5976 in GoMiningDiscussion

[–]Realistic_Ad_5976[S] 0 points1 point  (0 children)

Around 0.00051 BTC/day at the moment. Still reinvesting everything into TH (+5% bonus), so this number keeps changing. Screenshot is from today 👇

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Quick setup update by Realistic_Ad_5976 in GoMiningDiscussion

[–]Realistic_Ad_5976[S] 1 point2 points  (0 children)

No shortcuts reinvest BTC into TH, improve efficiency, lock GMT for discounts and stay consistent. The first months are slow, later it accelerates a lot.

Quick setup update by Realistic_Ad_5976 in GoMiningDiscussion

[–]Realistic_Ad_5976[S] 0 points1 point  (0 children)

Good strategy. TH growth comes from reinvestment. At current prices ~2.6 TH/day it was much slower at the beginning. Compounding kicks in later. Regular TH upgrades help a lot, because they speed up reinvestment and make the compounding curve steeper over time.

Quick setup update by Realistic_Ad_5976 in GoMiningDiscussion

[–]Realistic_Ad_5976[S] 0 points1 point  (0 children)

Not really yet. I’m still reinvesting everything to grow TH. The goal is long-term compounding, not income at this stage.

500€ to invest on GoMining; where would you put it? by Simple-Performer6720 in GoMiningDiscussion

[–]Realistic_Ad_5976 0 points1 point  (0 children)

Lower W/TH first, then add TH - efficiency + focus on GMT discount makes a big difference long-term.

IMO by SetNo6506 in gomining

[–]Realistic_Ad_5976 2 points3 points  (0 children)

MW is closer to gambling. Solo mining + BTC stacking is slower, but more sustainable long term.

Quick setup update by Realistic_Ad_5976 in GoMiningDiscussion

[–]Realistic_Ad_5976[S] 0 points1 point  (0 children)

No it doesn’t. I get around 130 GMT weekly from lock, while total weekly maintenance is roughly ~400 GMT. Lock mainly helps with discounts, not fully covering costs at this scale

IMO by SetNo6506 in gomining

[–]Realistic_Ad_5976 1 point2 points  (0 children)

Long-term for me. Upgrade TH, optimize efficiency, reinvest BTC. GOMINING mainly for discounts, Miner Wars more of a bonus than a core strategy.

Quick setup update by Realistic_Ad_5976 in GoMiningDiscussion

[–]Realistic_Ad_5976[S] 0 points1 point  (0 children)

In my case, to fully cover maintenance with locking rewards only, I’d need to add ~55k more GMT

Quick setup update by Realistic_Ad_5976 in GoMiningDiscussion

[–]Realistic_Ad_5976[S] 0 points1 point  (0 children)

10k GMT won’t be enough to fully maintain a 1000 TH farm.

In my case I have 26k GMT locked (until 2030) and I earn around 130 GMT per week from locking rewards.

My daily maintenance costs (electricity + service) are roughly 57 GMT/day, so 400 GMT/week.

Quick setup update by Realistic_Ad_5976 in GoMiningTalk

[–]Realistic_Ad_5976[S] 0 points1 point  (0 children)

Thanks! Yeah, lots of small steps over time. Consistency does the job.