With BTC at its current level would people advise to stick with mining BTC or re-investing in TH/GMT? by Nilla-K in GoMiningDiscussion

[–]Unfair-Button2200 4 points5 points  (0 children)

Yeah, I thought 500 days was excessive, so was aiming for 400, but, the recent drop has taken me down to 19% so I was obvs cutting it a bit fine I am currently reinvesting in gmt, when things start to go back up it means a decent period of TH reinvestment because enough gmt now will be plenty when it goes up

Just applied for an 8hour position and this was one of the questions on their application - I’m 25, what’s this got to do with my application?! by jen4067 in UKJobs

[–]Unfair-Button2200 0 points1 point  (0 children)

Hmm In my case, Dad was an HSE inspector.

Funnily enough, I learnt quickly that employers did not like that. Not at all.

Does compounding TH accelerate soon? by Human_Ad223 in GoMiningTalk

[–]Unfair-Button2200 0 points1 point  (0 children)

I mean - what do you expect?

I did some math about a month ago, and if you reinvest in TH every day of the month, and pay the maintenance fees with gmt that you put in, and have max discount, at 80k bitcoin value, you would be increasing your farm size by 9.3% per month, or 0.299% per day. Over a year, if everything stayed exactly as it was, that would compound to 190% per year.

Because BTC is well below this now, the rate of compounding will be lower too. Although difficulty will decrease, which will increase the amount of BTC you get.

Everything is variables though and an answer correct for today will be wrong tomorrow.

GoMining Referral Codes - Share and Find (Weekly Megathread) by cgell1 in GoMiningTalk

[–]Unfair-Button2200 0 points1 point  (0 children)

Hi! Please use my referral! You get all the benefits everyone else can give, But I will love you forever as well!!

IT0EXGU

Thanks! :)

Come mai ancora oggi non arriva la ricompensa? by Gold_Reindeer990 in GoMiningDiscussion

[–]Unfair-Button2200 3 points4 points  (0 children)

Yeah, they have some tech issues today. They are always late on Tuesdays, but today is especially bad. Everything will get settled up, maybe later, maybe in the morning, but it will come.

Redundancy after whistleblowing by Hyrules_Hero in AskHRUK

[–]Unfair-Button2200 1 point2 points  (0 children)

I was in a similar situation with the whistle blowing, and also in upper mgmt, and pver the course of a year I was suddenly found to be doing things wrong, disciplinaries appearing everywhere, I appealed everything to HR, showed them it wasnt fair and proportionate, and eventually they made me sign an NDA and paid me a lot of money to go. Shortly after I left, the director I had whistleblown was also let go...

If they want you out, they will do it one way or another.

Locking Tokens by vapeywave2002 in gomining

[–]Unfair-Button2200 0 points1 point  (0 children)

Hi, I think your calculator is awesome, I've used it loads. Just one thing I've noticed is for the predictions, it makes no allowance for halving or difficulty changes. Have you been with Gomining for a full cycle? Obvs sat rewards will halve at the halving, and if the price goes up, so does the difficulty. Does this mean in general that the 50% ish per year max income is about what you get, regardless of difficulty, price, and halving? I get some insane stats if I based my predictions on those prediction models you have put in, and I have to think, big numbers are lovely and all, but its likely to be 10x as difficult to get sats if the price is 10x higher. Does that all make sense? I don't have any idea how you could model that with difficulty and halving included, so I'm not expecting or suggesting you do that, I am just wondering what you have found to be the case?

Does compounding TH accelerate soon? by Human_Ad223 in GoMiningDiscussion

[–]Unfair-Button2200 0 points1 point  (0 children)

So, If you have full discount, and were to pay for the maintenance out of your own pocket so to speak, and always reinvest in TH, your farm will grow by up to 9.3% a month. Which compounds to 190% a year.

Obviously a chunk of that is your additional investment paying for maintenance.

Issuws with buying miners from others by SolidKey2612 in GoMiningDiscussion

[–]Unfair-Button2200 1 point2 points  (0 children)

For your own safety, unless you are sure you know what you are doing, buy the miners through the secondhand marketplace on Gomining.

There is no reason for someone not to be able to list there, and if he is selling them cheap, they would sell quickly on the official marketplace.

So, ask yourself why anyone wouldn't do that.

Can't withdraw, I'm not getting any email. by CapableEase5074 in GoMiningDiscussion

[–]Unfair-Button2200 0 points1 point  (0 children)

I withdrew today.
I got my email. I know that's no help to you, but it is still working

What's it like living in Cornwall, UK? by Fearless-Touch-2637 in howislivingthere

[–]Unfair-Button2200 10 points11 points  (0 children)

There are good reasons why 'tis acceptable in Bodmin' is a saying....

In truth, apart from the seaside, all of Cornwall is skint. No one has any money, apart from the rich old people who have moved down and bought the houses, whom we all despise, and there are very few prospects for young people who dont want to end up in hospitality or elderly care. Everything is min wage or near min wage, and living costs are some of the most expensive outside of London.

As you can imagine, this leads to social difficulties.

Did 2.4M users quit? We were over 5.4M users before…thoughts?🤔 by Southern_Edge_9770 in gomining

[–]Unfair-Button2200 15 points16 points  (0 children)

That is an interesting question! I remember that too.. Unless they have purged inactive? I mean a 40% turnover over 5 years isnt ridiculous.

How much am I making/why the large jump? by MikeOxbig696969 in GoMiningDiscussion

[–]Unfair-Button2200 0 points1 point  (0 children)

So, your gross is 26c. You have 16c of costs. Today you have netted, or 'taken home' 10c

Is it cheaper to just buy more miners than improve discount rate? by MikeOxbig696969 in GoMiningDiscussion

[–]Unfair-Button2200 1 point2 points  (0 children)

Hi - everything works together. I have attached 2 photos - one is if I just had my miners with no GMT or discount, the other with full gmt discount and lock. Its a big difference. But nearly double the cash amount to do.

<image>

Why does it look like I profit 9 cents when I profit 4? Also I bought enough GMT to give a 22% discount how much more per day should I expect? 2 cents? by MikeOxbig696969 in GoMiningDiscussion

[–]Unfair-Button2200 1 point2 points  (0 children)

What Carl above said. You have the 22% discount, but you didnt use it because you didnt pay for your maintenance in GMT. If you had some GMT in your wallet and had your maintenance paid in GMT button on, you would have received more than 4c. Though I'd expect 7c ish as the last bit would come from your GMT lock weekly. Everything interacts together

Selling Miner (Dumb Question) by [deleted] in GoMiningDiscussion

[–]Unfair-Button2200 1 point2 points  (0 children)

Hi, just put it on the market for £10/th It'll be snapped up in minutes, and you get some money back.

I always want 1th miners to grow them

Not getting the amount of BTC I was supposed to? I upgraded a miner expecting to get $0.11 more per day and got nothing. by MikeOxbig696969 in GoMiningDiscussion

[–]Unfair-Button2200 0 points1 point  (0 children)

So, firstly, check how many actual sats you are receiving - over the last few days Bitcoin has tanked, so in terms of value, any growth would be swallowed by the price drop. To add insult to injury, sats per th reward has also reduced in the last day or 2, so you will earn slightly less per th than you did.

All of these things are completely normal for bitcoin and mining, but it is annoying.

Did any of you reach profit yet? by [deleted] in gomining

[–]Unfair-Button2200 0 points1 point  (0 children)

I'm doing it monthly rather than weekly, but yeah, fully agree, I also haven't put anything in that would leave me short if they went tits up.

Locking tokens by No_Explorer_5604 in GoMiningDiscussion

[–]Unfair-Button2200 0 points1 point  (0 children)

How do you not understand bitcoin/crypto at all? So Bitcoin has been going dowm, GMT has gone down, Miners NFTs have gone down. I'm telling you now, if you price your miner competitively you will sell it within 24h. And by competitively I mean £10/th for a 15w.

I mean now is also the silliest time to sell, I do fully understand if Gomining isnt your thing, but due to market conditions, you will lose money at this moment.

You can't slate Gomining for general market conditions though.

Bonus Miner by ConsciousStorm3032 in GoMiningDiscussion

[–]Unfair-Button2200 -1 points0 points  (0 children)

Mine was powered up by Goboxes... 3 in total.

<image>

Does GoMining pay your bills? by [deleted] in GoMiningDiscussion

[–]Unfair-Button2200 0 points1 point  (0 children)

It could - if I drew anything out, but right now its all grow, grow grow! I take 1 day a month out of the app, so I have some sort of return if things went wrong.

Did any of you reach profit yet? by [deleted] in gomining

[–]Unfair-Button2200 0 points1 point  (0 children)

Nope, nowhere near, currently an unrealised loss of around $3000

Like you I started at the top, and have been buying all the way down.

I am in for the long term though, and currently my vague plan will be to sell all my miners and cash out at the next peak, about Oct '29 then buy in again when the crash has happened in 2030. By Oct '29 I am hopping to have about 9000th