Author

Topic: What do you do with your mined currency?? (Read 533 times)

newbie
Activity: 6
Merit: 0
January 28, 2017, 01:10:01 PM
#4
All my miners except BURST point to Nicehash which then points to Poloniex.  I have a loan bot churning payouts in the lending pools so idle cash earns interest when I don't need it.  Occasionally I withdraw from Polo and buy discounted gift cards on CashCash.  That action alone adds +10-20% profitability for the miners.  Plus they offer an additional 2% discount when paying with BTC.  I haven't had an issue that CashCash customer service couldn't solve quickly.

BURST payouts go to Poloniex where I flip it a few times a day for about +1.5% each time.  Bots don't watch BURST so it's a casual market.  Some of that BTC goes into the aforementioned lending cycle.

Hmm, don't you feel like you're making less money with Nicehash? almost always they pay less than you'd get paid if you did the conversions yourself/autosell somewhere. How big of a farm do you have? could you go more in-depth about the loan bot? Thanks Smiley
member
Activity: 136
Merit: 16
January 28, 2017, 12:42:10 PM
#3
All my miners except BURST point to Nicehash which then points to Poloniex.  I have a loan bot churning payouts in the lending pools so idle cash earns interest when I don't need it.  Occasionally I withdraw from Polo and buy discounted gift cards on CashCash.  That action alone adds +10-20% profitability for the miners.  Plus they offer an additional 2% discount when paying with BTC.  I haven't had an issue that CashCash customer service couldn't solve quickly.

BURST payouts go to Poloniex where I flip it a few times a day for about +1.5% each time.  Bots don't watch BURST so it's a casual market.  Some of that BTC goes into the aforementioned lending cycle.
full member
Activity: 138
Merit: 100
January 28, 2017, 06:30:31 AM
#2
Same thing here, I guess. Accept i prefer Poloniex and manual selling.

I usually exchange then hold in my own Wallet (Electrum), then to LBC or a friend usually.
newbie
Activity: 6
Merit: 0
January 28, 2017, 06:03:47 AM
#1
I Mine Zec/Eth in flypool

Pool ---> Bittrex

Bittrex auto-sell Zec/Eth to Btc

when i want to cashout:

Btc ---> Eur via LocalBitcoins

What do you do?
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