|
Title: What do you do with mined coins? Post by: nimnul on June 07, 2012, 08:43:16 AM This poll is to check the hypothesis that everyone mines to dump.
Title: Re: What do you do with mined coins? Post by: AzN1337c0d3r on June 07, 2012, 01:30:24 PM What happened to I use mined coins to mine more coins?
Title: Re: What do you do with mined coins? Post by: nimnul on June 07, 2012, 01:35:48 PM Poll only has 5 options here. So I only included only the options looking plausible for me. I didn't think of someone still expanding their GPU rigs these days.
Title: Re: What do you do with mined coins? Post by: runlinux on June 07, 2012, 01:38:52 PM I save most, but sell what I need to pay bills. Never know when you need a few hundred extra dollars.
Title: Re: What do you do with mined coins? Post by: matthewh3 on June 07, 2012, 03:15:27 PM I invest them in the GLBSE or deposit them for interest payments.
Title: Re: What do you do with mined coins? Post by: david113 on June 07, 2012, 03:42:06 PM Poll only has 5 options here. So I only included only the options looking plausible for me. I didn't think of someone still expanding their GPU rigs these days. I do Title: Re: What do you do with mined coins? Post by: P_Shep on June 07, 2012, 04:32:38 PM I'm selling everything now to pay off what I spent on the rigs, then I'll sell enough to pay for electricity.
Title: Re: What do you do with mined coins? Post by: Gomeler on June 07, 2012, 05:10:56 PM Sell just enough to cover most of the power bill. The rest get invested in various interest generating locations with the goal of the interest from my investments covering power. It's a bitcoin snowball!
Title: Re: What do you do with mined coins? Post by: caish5 on June 09, 2012, 01:47:33 AM I too am going the GLBSE route. I'm trying to test out the "compounding is the most powerful force in the universe theory". Before GLBSE i used to just spend them.
Title: Re: What do you do with mined coins? Post by: zvs on June 09, 2012, 06:34:20 AM i turn them into USD and remove from mtgox/dwolla ASAP
Title: Re: What do you do with mined coins? Post by: arklan on June 09, 2012, 12:46:15 PM so far i've hoarded, but that's cause my mining rate is crap (350ish mhash) so i've only got about 16.3 btc right now.
when i actually have enough to DO something with it, it'll be a cyclical pattern - mine buy more hardware, mine, buy more hardware... Title: Re: What do you do with mined coins? Post by: Graet on June 09, 2012, 01:56:15 PM I use them as a PayPal substitute, buy and sell goods from overseas and locally :)
Donate to worthy causes Recently cashed some out to AUD to buy a Galaxy s3 cant vote - none of the above listed never owned a USD no real plans to.... Title: Re: What do you do with mined coins? Post by: GentleHat on June 20, 2012, 07:48:29 AM As it's a pretty constant stream of income from mining, I use it to pay for web hosting and other online monthly services. That and occasionally convert to paypal cash through SpendBitcoins.
Title: Re: What do you do with mined coins? Post by: HonorMe on June 20, 2012, 09:16:04 AM I hoard them, every little counts :D
Title: Re: What do you do with mined coins? Post by: SiliconAlchemist on June 28, 2012, 02:36:05 AM I use them as a PayPal substitute, buy and sell goods from overseas and locally :) Donate to worthy causes Recently cashed some out to AUD to buy a Galaxy s3 cant vote - none of the above listed never owned a USD no real plans to.... I'm getting the galaxy s3 on the first. How do you like it so far? On topic: I haven't cashed any of my coins yet. I keep seeing GLBSE pop up in these threads, so I might have to look deeper into that option. Title: Re: What do you do with mined coins? Post by: AbsoluteZero on July 06, 2012, 06:35:40 PM How do I view the results of the poll without voting?
Title: Re: What do you do with mined coins? Post by: nimnul on July 07, 2012, 03:38:47 AM it's 39% 14% 15% 10% 19%
Title: Re: What do you do with mined coins? Post by: Bananington on July 13, 2012, 03:44:00 PM I buy things with my bitcoins. I don't bother converting them to USD(this is a long arduous process, and I'm impatient). I have only bought games and computer accessories up to this point.
Title: Re: What do you do with mined coins? Post by: kibblesnbits on July 15, 2012, 12:02:04 AM Buy things. Should be a choice on the poll. I've bought used computer parts, cables, an iPod, and put in two orders to upgrade singles to SCs. Oh, and raw Thai honey. Can't forget the honey.
Looking to invest soon at the exchange. Title: Re: What do you do with mined coins? Post by: xxaudioxx on July 16, 2012, 11:40:50 AM i buy things with my bitcoins though i put most of them to pirate account. :)
Title: Re: What do you do with mined coins? Post by: fabrizziop on July 18, 2012, 01:22:57 PM Lend them to almost anyone but Nigerians who tell me I won a prize.
Title: Re: What do you do with mined coins? Post by: someguy123 on July 26, 2012, 03:35:15 AM I never convert my bitcoins back to USD, instead I either hoard, invest, or use the bitcoins to pay for services.
Title: Re: What do you do with mined coins? Post by: os2sam on July 26, 2012, 10:30:40 AM I invest them in the GLBSE or deposit them for interest payments. What is GLBSE? Sam Title: Re: What do you do with mined coins? Post by: Cranky4u on July 28, 2012, 02:36:04 AM Pay my utility bills and buy groceries....all in AUD
https://www.spendbitcoins.com/ these guys let me convert BTC > Gift cards (Groceries, Presents, etc) or direct bill pay on my behalf (Known here as BPAY) |