How do you plan to deal with your bitcoinBTC in future?
1) Keeping them forever.
2) Sell them at a good price.
3) Buy miner to mining more bitcoins.
4) Buy other thing using bitcoins.
5) Other better choice.
I intend to obtain BTC by mining alts; esp. LTC; sell some, hold some and retire on my earnings, using those earnings to live the life style to which I would like to become accustomed.
Do a bit of arbitrage; play the game.
I will make others rich as well along the way to my financial freedom.
I have three rent-free locations in which I am going to locate mining farms and all the electrical power in the world available at very nice rates so the cost is well within reason.
Presently have 400 amp/220 VAC in all three locations (88,000 watts per location!). Can sure run a lot of miners with that kind of juice! I can add more if necessary (And I hope it is!) at very minimal cost.
Actually, I do not see that I will ever retire as with no work I think I would croak off in only weeks.
I didn't go through the recent surgery to sit around waiting to die!
My $.02.
I say it sounds like a solid plan.
I envy you so much right now.
I will try to do something similar.
but I can't afford the mining farm right now only a gfx card.(3 KIDS)
Well, I am single and intend to stay that way; sons both grown and on their own. don't owe ex-wife any money! LOL! As far as women go right now, I ascribe to the theory that if it flies, floats or fucks, RENT IT!*
Just kidding; there is all the free that you need, just don't let'em in your house!
No time for "relationships" is the actual thing right now. Too much work to be done.
I am putting together a mining corporation in which I will mine for both my group and for others with buy-in costs at very reasonable rates, especially considering my power costs which to not exceed USD $.107 per Kw/hr.
The locations are owned by myself or my partners, so no rent factor and we will very soon go for the Gold.
A few things yet to come into place so that I can devote full time to the project.
After watching so many others fail at Permanent Mining Corporations, I have a pretty good idea of how they screwed up and failed. I already have a Kansas corporation, all tax matters handled and the rest of the bullshit documention and filings done.
Busy weekend coming up for me, I assure you as it is past time to get this show on the road!
Thank you for your kind reply!
My $.02.
*Airplanes, boats and women.