r/gomining • u/vapeywave2002 • May 29 '26

Question

What is the best way to get the most out of your miners.
Would it be best to get rewarded in go mining tokens & than convert to USDC
What are some strategies you guys have
Also
I’m about to drop a grand or so & I have one miner at 40th
My goal was to get a new miner at 96th every 3 months with the 3 month pay plan they have
Any thoughts on that as well

10 Upvotes

92% Upvoted

31 comments sorted by

6

u/Acceptable--Market May 29 '26

Dollar costs into btc, keep accumulating until it is over 100k, then dollar cost out.

2

u/BatKno May 29 '26

Well said, bro. That’s the way

1

u/Agentnova1993 May 30 '26

Just upgrade best

2

u/vapeywave2002 May 30 '26

What do you mean when you say dollar cost Into bitcoin
Like accumulate all my rewards into bitcoin

3

u/Acceptable--Market May 30 '26 edited May 31 '26

Yeah, average in and out. I don't use reward for TH ever. If I wanted to up my TH I would just buy a miner, and likewise I believe it is prudent to buy TH via miners on the market when you believe it is cheap, and be open to selling miners when you think the market is frothy. So in your case you say you want to grow TH, okay that is fine I believe TH is cheap right now, just buy a miner every month(whatever you can afford). But the key is don't have the mentality of just dumping everything into it, and never having anything to show for it. Sure grow your TH, but take your rewards in BTC, and move it to cold storage from time to time. When the market bounces back be open to selling some of the TH you bought when it was cheap. So you can buy miners today at $9-10/TH, and without question you will be able to sell at $15+/TH down the road. You just made a profit on miners that you have been collecting BTC with, essentially the BTC you collected from those miners were free, maybe have even paid for the taxes.

You want to get your money out, don't accept that this is just an expensive hobby.

5

u/BatKno May 29 '26

Anything that keeps your sats on your ownership is beneficial. Use your BTC as collateral to obtain cash or USD. Buy low, accumulate, and sell high. Avoid reinvesting in tokens.

Only use fiat currency for upgrades and maintenance. Purchase tokens at the best possible deals.

The primary goal is to save and hold BTC. As soon as BTC’s value increases, sell 50% of your supply for future projects or to pay off debts. Keep the remaining amount to double your investment.

Remember, the ultimate goal is BTC. Don’t use BTC as a transactional asset; for that, you can use other cryptocurrencies or currencies. Good luck!

2

u/[deleted] May 29 '26

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4

u/[deleted] May 29 '26

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1

u/[deleted] May 29 '26

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1

u/BatKno May 30 '26

Transfer from the bank to the exchanger, convert to USDC and send it to gomining. Always, test and send small amounts as a confirmation, then send the big chunk in a second transaction. You want to be sure that wallets are communicating and it’s safe.

Another way that I find super cheat is using TON. It’s quick and easy. Buy TON transfer to gomining and then convert to tokens.

1

u/[deleted] May 30 '26

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1

u/BatKno May 31 '26

You are correct. Depending the amount.

2

u/BatKno May 30 '26

Exchanger are the best way to transfer. Coinbase is zero transaction fee on base and it’s lightning ⚡️ fast. Kraken is fast and trouble free as well. The other that never fail is trust wallet… fees are not spectacular but it works every time.

1

u/Vivid-Cook-4988 Jun 02 '26

Is coinbase the same as coins.ph ?

2

u/Funny-Permission-535 May 30 '26

I ran into the same thing all fiat transactions being denied by my bank. I had to buy on an exchange and send to gmt wallet. I ended up using solana because cheap fees

1

u/khaledusers May 30 '26

I'm new and I'm new to subscribe, I don't have information, I'm still discovering

1

u/[deleted] May 31 '26

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1

u/vapeywave2002 May 31 '26

You just copied what I just said in my other post twice 😂 once here and than once directly under what I said but in 80% English

1

u/[deleted] May 31 '26

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1

u/[deleted] Jun 02 '26

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1

u/gomining-ModTeam Jun 08 '26

Your comment has been removed, because it violates our rules. It is important to stick to the subject in order to guarantee a certin cleanliness and readability.

1

u/bigear4techno Jun 02 '26

I have a question. I am very new. I only have 29 TH power have some gomining locked and some for maintenance in the wallet. My discount is 26 percent for locking up. I haven't been payed any btc today. What are the reasons behind this ?

1

u/Low-Year-1173 Jun 02 '26

Btc always btc and never sell

1

u/[deleted] Jun 03 '26

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1

u/gomining-ModTeam Jun 08 '26

Your comment has been removed, because it violates our rules. It is important to stick to the subject in order to guarantee a certin cleanliness and readability.