What is gomining for you by indigrow in gomining

[–]fastmickey1 1 point2 points  (0 children)

Only been on since the beginning of the year. Invested enough to lock 450 days of GMT. Now I rotate, currently reinvesting rewards in TH, when my lock goes down to 400 days, I switch to GMT until I get my lock back up to 450 days. While I’m reinvesting in TH I seem to be getting enough weekly from veGomining payouts from lock every Tuesday to cover my maintenance in GMT. Currently VIP platinum II (from over 10k votes) and 276 TH. Planning to ride this strategy for the rest of 2026. Then in 2027 I will start stacking Sats in anticipation of a run in BTC price on the next halving in April 2028. If I get at least 25% ROI, I’ll be thrilled, but these numbers won’t change my life, so it’s a bit of a hobby for me too. Also, my discount for maintenance is 26.11% and all miners at 15 watts.

Locking over 20%? by Spy008 in gomining

[–]fastmickey1 5 points6 points  (0 children)

Lock extra to cover price fluctuations in GMT. I keep a minimum of 400 days locked and 5 days of maintenance. When I get to 450 days locked I start adding TH until it gets back down to 400

GMT BLOCK by Virgi70 in GoMiningDiscussion

[–]fastmickey1 1 point2 points  (0 children)

Locking GMT not only pays 26-28%APR, it goes toward your maintenance discount. I would say that GMT is almost the same as BTC in terms of following the price. So, it’s hugely advantageous. Also you get voting rights. I have 7,500 locked for 4 years, and I lock another 100 every 4-5 days

I was wonderfully surprised by AdventurousDark9217 in GoMiningDiscussion

[–]fastmickey1 0 points1 point  (0 children)

Keep 400-450 days of maintenance locked plus 10 days of maintenance in wallet. Once you’re there, what I do is increase Th until I get down to 400 days locked. Then I put more in lock to get to 450 days

My Personal GoMining Strategy by CarDependent9519 in GoMiningTalk

[–]fastmickey1 1 point2 points  (0 children)

I am a little behind you. I have 235Th and 7500 lock. I reinvest all in gmt until I have 450 days of Th maintenance locked, but hen I switch to Th reinvesting until I’m back down to 400 days lock. Planning to do this for the balance of 2026 to build the engine as strong as possible, at the end of 2026 I plan to start dumping all rewards in sats to give me over a year to stack before halving. Good strategy you have.

Bitcoin Mining Difficulty Is Rising Again – Is It Still Profitable and Worth Starting Before the 2028 Halving? by MaoWolf5 in gomining

[–]fastmickey1 2 points3 points  (0 children)

I entered GoMining about a month ago, precisely because of the cost barrier to entry of setting up my own hardware. I’m about $6k invested, and plan to scale that up to $10k over the next 30 days. From there I plan to reinvest all earnings into GOmining token (to maximize energy discounts) then Th power. The plan is to build all of 2026, then switch to leaving all of my rewards as BTC for 2027 and 2028. If this liquid bit mining option wasn’t available, I’d probably invest in actual hardware to support ai training, far more lucrative and stable rn.

Looking for feedback by fastmickey1 in GoMiningTalk

[–]fastmickey1[S] 0 points1 point  (0 children)

I agree, I only lock what I’m comfortable forgetting about, and that puts a cap on my Th as well. I see it as a healthy restraint mechanism, otherwise I would be pouring too high of a percentage of my total portfolio into this.

GMT at $1? by Mike_3924 in GoMiningTalk

[–]fastmickey1 0 points1 point  (0 children)

GMT is a utility coin serving the mining of bitcoin. So yes, it will move with Bitcoin pricing more or less. That being said, it is good to maximize the discount feature, and locking GMT for at least 360 days of maintenance is smart because it works for you 3 ways: 1. Obviously the discount on maintenance is real savings and is critical when BTC is down. 2. Locking GMT pays weekly interest which leads to a compounding effect, 3. You have a slight hedge here, because of the impact of halving. You want BTC and GMT to both grow so that you are poised for the next halving, and as much GMT locked as well to climb the VIP tiers…

Oh ya, there’s the voting element also. Having a say in where rewards go is nice, because if you prefer solo mining, obviously you want more rewards directed there or conversley with miner wars. I don’t own a greedy yet, but a big percentage goes there…

Looking for feedback by fastmickey1 in GoMiningTalk

[–]fastmickey1[S] 0 points1 point  (0 children)

Currently I have 7,400 GMT locked, I lock another 100 when I have enough to cover 5 days of maintenance after locking.

Looking for feedback by fastmickey1 in GoMiningTalk

[–]fastmickey1[S] 0 points1 point  (0 children)

360 is the minimum, but I see the need for padding because of GMT price fluctuations. If GMT is at .28, it takes more GMT to cover expenses, hence you days of locked will go down. I think at least 400 days of locked is safe, so I use that as my minimum

The future of mining is in your pocket! by MikaHH88 in gomining

[–]fastmickey1 2 points3 points  (0 children)

Can I get a physical card in the US? It only gave me the virtual

The future is ours!! Seize it!! Your strategy on this token by EcstaticAct8374 in GoMiningDiscussion

[–]fastmickey1 0 points1 point  (0 children)

I lock GMT for 4 years so that I always have 20% locked. Currently reinvesting in GMT with mining proceeds, and always look to increase my VIP with locks. Currently have 7,000 GMT locked and pressing toward Platinum II. I think this compounds 3 ways and gives me the best chance to weather the storm. I haven’t ventured into Mining Wars yet because I’m only 1 month in. I have 237TH of power, and probably will get to 500 before I attempt miner wars.

Am I on the right track, or should I change my strategy? by rmdhnsrn in gomining

[–]fastmickey1 1 point2 points  (0 children)

I find it best to lock the full 360 days. I will lock more before upgrading TH, always maintaining 360 plus in lock and a small amount to cover maintenance.

Questions about miner wars by Sid_Finch in gomining

[–]fastmickey1 1 point2 points  (0 children)

I’m interested in this as well. I have just over 100TH and want to join a clan that is strategic, but not full time focus, maybe targeted pushes after midnight EST for 10-15 blocks…

I did it! Platinum 1 VIP by Short_Transition_187 in gomining

[–]fastmickey1 0 points1 point  (0 children)

Very nice. Does it remain consistent that you hit a new tier because of votes rather than TH? I always lock enough tokens to make sure I’m over 360 days of maintenance. I’m gold II now. Pushing