Quote from: philipma1957 on Today at 03:18:15 AM

Quote from: somac. on Today at 02:53:17 AM

Quote from: philipma1957 on October 15, 2021, 11:03:10 PM

Quote from: El duderino_ on October 15, 2021, 09:28:36 PM

Quote from: Torque on October 15, 2021, 09:06:32 PM

If I sold a piece every time philipma sold a piece, I'd be... well, broke and not bitcoin rich.

Maybe rich, but Bitcoin poor

Few understand what’s more important

will sell another piece based on this advice.

If I sell 0.003 each and every day of the month It comes to 30 x 0.003 = 0.09 a month

If I earn .14 btc a month I am stacking 0.05 a month.

I am fine with this.

The mine keeps growing and I keep getting more btc in earnings each month.

Eventually the difficulties will go through the roof but I 3x the size of the mine this year so it works for me and my partners.

It seems some people don't understand you're running a business here. Hard to expand the business if you don't spend some revenue on increasing infrastructure. And if you didn't expand, your stack would be much smaller than it is now.

Bingo. Exactly this. I have a good power deal. I am nowhere near capacity and I expand the mine buying gear as dca.

I buy on credit when coins dip like the 30 k drop in the summer.

When coins go up 40k 50k 60k I sell some btc.

This mine started with four s9s in dec 2018. that is 36th.

on the btc side it is now over 1700th (4 people in on it)

since we do not talk shit coins I won’t say the amount of gpus and the L3+ ‘s

But we have quite a few.

We would not be growing the farm without plowing back some coin.

Since times are good I sell some coin to pay the credit off and also get some gear with out credit.

I mined bitcoin for a year back in 2015 with an S4 I bought used. The S4 had a built in PSU, which is why I bought it.
I actually bought another one and mined bitcoin for 2 weeks with both of them.
Unfortunately my breaker box couldn't handle the load and kept tripping as I was right on the threshold .
So I sold the 2nd S4 for what I paid for it. If only, instead, I had upgraded my breaker box circuits to handle both miners for that whole year I mined.
Hindsight is always 20/20 ain't it?