Topic: So miners, are you selling your mined btc as soon as you get them? (Read 3720 times)
February 20, 2015, 11:45:45 PM
I have always held my btc's. In fact I don't think I have ever sold btc for fiat. I have always spent them on games or other mining hardware. If I had a large operation I would probably sell them immediately to pay for the electricity.
February 19, 2015, 05:40:58 PM
I was mostly keeping them, but due to constant downward trend, I only lost. I should have sold and then buy after time. Lets hope for a rise soon, then we can all earn some more!
January 26, 2015, 08:12:54 PM
At the end of last year, I've decided to give home mining a chance for a year. Currently have 2.5Th and on 01/01/16 will decide whether to carry on, depending on whether I've mined enough over the year to cover my electric.. So I'm keeping all BTC mined.
January 25, 2015, 11:37:11 PM
Holding what coins I have and I no longer mine BTC due to the ever growing Diff and massive spikes. Id rather mine alt coins as they come out mine for a few days or a week or so and then switch off and then take the coins to exchanges and trade them up and build a nice stash of them along with making some profit on the top.
You're a legendary! You must be rich! please send me some coins bro .....
January 25, 2015, 06:09:46 PM
Holding what coins I have and I no longer mine BTC due to the ever growing Diff and massive spikes. Id rather mine alt coins as they come out mine for a few days or a week or so and then switch off and then take the coins to exchanges and trade them up and build a nice stash of them along with making some profit on the top.
January 25, 2015, 12:46:53 PM
Any miner for selling??
January 25, 2015, 01:17:03 AM
Holding. And regarding the picture of the industrialized rig... for all anyone knows there are hundreds of rigs setup like that subsidized and many others that get bulk rates for data centers so they fall under a cap of what they'd spend anyways.
January 24, 2015, 10:40:34 PM
Definitely holding for now, I expect long term prices to be much better than what we are seeing now and so there is no pint selling imo.
January 24, 2015, 10:30:03 PM
Holding my BTC till the big boom.
my mom pays the electricity for my miner :'3
my mom pays the electricity for my miner :'3
January 23, 2015, 11:20:03 PM
I sold on FULL MARGIN most of my coins on Bitfinex around $500 or so and whenever I mine a coin I sent it back to the exchange to cover my short.
So if BTC goes to $1, i will still be mining to buy back those coins.
So if BTC goes to $1, i will still be mining to buy back those coins.
January 23, 2015, 01:30:23 PM
I usually hold my bitcoins until there is something I would like to purchase that is denominated in btc and at what I feel is a good exchange for my mining efforts.
January 18, 2015, 06:30:14 AM
I think most of them are smart enough to hodl and only sell as much as they need for the expenses.
January 18, 2015, 06:28:00 AM
I'm personally keeping most of them.
January 18, 2015, 05:46:25 AM
I am selling some 10% of BTC income.
January 17, 2015, 09:40:58 PM
I'm guessing most of the answers here are from home miners.
If you have something like this, you have no choice but to sell your mined BTC soon as you get them to cover electrical and cooling costs:
Perhaps thats the question he's asking "Can you big guys hold your coins for a better price and personally eat the electrical costs untill that better price, or do you have to sell them"If you have something like this, you have no choice but to sell your mined BTC soon as you get them to cover electrical and cooling costs:
In many parts of the world, buying bitcoin thro exchange might expose a money trail (think Russia) that might lead to legal issue or even worse (robbery).
Another thing is "virgin coins". So some ppl might invest into mining farms, to get virgin coins (completely ..... taintless)
January 17, 2015, 06:32:49 PM
I'm guessing most of the answers here are from home miners.
If you have something like this, you have no choice but to sell your mined BTC soon as you get them to cover electrical and cooling costs:
Perhaps thats the question he's asking "Can you big guys hold your coins for a better price and personally eat the electrical costs untill that better price, or do you have to sell them"If you have something like this, you have no choice but to sell your mined BTC soon as you get them to cover electrical and cooling costs:
January 17, 2015, 03:07:36 PM
I only sold BTC0.1 to cover a bill and that was in 2013...
I generally only use coin to buy mining hardware.
Anyone who needs to sell more than 75% of their take shouldn't mine at all.
If anything, I can pay my entire power bill out of pocket but I got free power.
I keep it this way because living arrangements can change at any moment's notice.
I generally only use coin to buy mining hardware.
Anyone who needs to sell more than 75% of their take shouldn't mine at all.
If anything, I can pay my entire power bill out of pocket but I got free power.
I keep it this way because living arrangements can change at any moment's notice.
January 16, 2015, 09:29:35 AM
I'm guessing most of the answers here are from home miners.
If you have something like this, you have no choice but to sell your mined BTC soon as you get them to cover electrical and cooling costs:
Perhaps thats the question he's asking "Can you big guys hold your coins for a better price and personally eat the electrical costs untill that better price, or do you have to sell them" If you have something like this, you have no choice but to sell your mined BTC soon as you get them to cover electrical and cooling costs:
January 16, 2015, 09:27:33 AM
I'm guessing most of the answers here are from home miners.
If you have something like this, you have no choice but to sell your mined BTC soon as you get them to cover electrical and cooling costs:
If you have something like this, you have no choice but to sell your mined BTC soon as you get them to cover electrical and cooling costs:
January 15, 2015, 02:26:41 PM
I use money from my job to buy the electricity for my miners. So it is like investing, but instead buying out my coins so that I don't drop them into the market.
January 15, 2015, 10:39:25 AM
Hold most and reinvest the rest with sites such as BTCJam.
Also have been buying some Paycoin, as Paybase say they will buy them back for $20 each and the current market price is just $4
Also have been buying some Paycoin, as Paybase say they will buy them back for $20 each and the current market price is just $4
January 15, 2015, 10:33:40 AM
Hold...hold...hold!!!
January 15, 2015, 10:31:23 AM
Really depends on the price, if the price is low like now, I would keep and hold.
January 14, 2015, 09:04:09 PM
I will hold most of them. And sell some coins at the end of month for the electric.
January 14, 2015, 06:34:38 PM
No point of selling BTC now
January 14, 2015, 05:49:38 PM
or are you holding?
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