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Bitcoin => Bitcoin Discussion => Topic started by: BTC_Junkie on August 16, 2011, 08:03:27 PM



Title: POLL: Miners what % do you sell daily
Post by: BTC_Junkie on August 16, 2011, 08:03:27 PM
The concept came up in another post, and I though I'd throw the question to the BTC Mining community to see how much people sell.


Title: Re: POLL: Miners what % do you sell daily
Post by: D.H. on August 16, 2011, 08:07:25 PM
Could you please make it possible for us non-miners to view the result of the poll?


Title: Re: POLL: Miners what % do you sell daily
Post by: SgtSpike on August 16, 2011, 08:09:20 PM
All of it, eventually.  Except for the 10 coins I'm keeping no matter what.


Title: Re: POLL: Miners what % do you sell daily
Post by: BTC_Junkie on August 16, 2011, 08:13:35 PM
Could you please make it possible for us non-miners to view the result of the poll?

Sorry forgot about that... fixed.


Title: Re: POLL: Miners what % do you sell daily
Post by: evoorhees on August 16, 2011, 08:20:14 PM
I voted less than 10%, but the caveat is that I do spend some on goods/services.


Title: Re: POLL: Miners what % do you sell daily
Post by: geek-trader on August 16, 2011, 08:33:37 PM
I spend enough to pay for electricity, which is about $65 a month for my 900 MH/s.


Title: Re: POLL: Miners what % do you sell daily
Post by: BTC_Junkie on August 16, 2011, 08:38:49 PM
I spend enough to pay for electricity, which is about $65 a month for my 900 MH/s.

What % of your BTC income would you guess that is?


Title: Re: POLL: Miners what % do you sell daily
Post by: SgtSpike on August 16, 2011, 08:45:33 PM
I spend enough to pay for electricity, which is about $65 a month for my 900 MH/s.

What % of your BTC income would you guess that is?
900MH/s would net about 0.45 BTC/day at the current difficulty level.  Or about $5.  So $150/month in revenue.  $65/$150 = 43%.


Title: Re: POLL: Miners what % do you sell daily
Post by: geek-trader on August 16, 2011, 08:46:01 PM
I spend enough to pay for electricity, which is about $65 a month for my 900 MH/s.

What % of your BTC income would you guess that is?

Today, at $11?

900 MH/s gives me approx 14 BTC a month.  $65 at $11/BTC = 5.9 BTC = 42%

However, my next bill is not due for a few weeks yet, and I hope to get a better price than $11.   ;)

For example, if I am able to sell at $14, it would be 33%