Im still fairly new to mining/crypto and such, so im trying to wrap my head around the options here.

Recently ethermine changed their payouts, i guess to include a gas fee on payouts (my threshold is 0.1 currently and 40 gwei)

I mine about 0.1 every 5 days.. so far im on day 7 and the last payout hasnt occurred because the threshold preset to 40 hasnt gone low enough.

I think thats roughly 0.0001 or maybe 0.00001 eth or more, unsure on the fee.  As of now i'm sending it to exodus, though ultimately i need to employ a ledger i havent used yet and eventually i think ill send this straight to coinbase exchange for auto selling. (i dont think you can send partial on payout to do a split or i would)

From what i read, i could use "metamask" , something about restoring my phrase from exodus to metamask and then going to the dashboard on ethermine and connecting to the metamask wallet and setting it for L2?  This would avoid gas fees.  I dont quite understand this process, or if it really saves that much in doing so?

Are there alternative options given the above?  Or maybe just switching to a different pool provider?  Any opinions on using metamask, risky, safe, effective etc?

Thanks in advance

Im still a relative newbie, about two months into mining etherium.

For now i've been mining it straight to an exodus wallet.

I guess doing this is less than ideal in terms of either being able to stake or auto selling a portion each month?

I read around on staking, but its still unclear to me if the eth i put into staking now gets locked (related to eth2 eventually somehow), or if it can be freed if needed.
Of course there is the whole security of doing staking vs sending this to say a ledger, but i guess either way to sell, i have to transfer a portion monthly to an exchange to cash out some of it (?)

I also read about regulation thats in progress or has happened, i thought i read that blockfi is not regulated yet either, so ideally it goes somewhere there is regulation in the long term.

At this point i guess either way im stuck with gas fees getting things from exodus to another location (or the offline ledger).

Thanks for any suggestions

Im trying to narrow down choices on whether to go with dual psu's or buy one large one for my setup.

Im also struggling to find a metal rig on amazon that will house both the full atx and two psus (if i do dual psus).
Im going to use my 6700k/asus z170a main "server" machine/board as the mining machine (it runs plex/media/main files here), its on 24/7 so i figured it made sense.

Initially ill just have a 3080 and 1080ti, but i plan on adding a 2nd 3080 in a few weeks.

I've run the numbers on online calculators going with the full load scenario and adding 150, this seems to top out at 1175 watts (so the recommended is an 80% 1300 watt, typically $299 cost but now $476 single psu).

I already have one msi 80 gold 850 watt psu, if its safe enough i guess i could just add the second psu and use one of the dual adapters to connect the second?
https://www.amazon.com/gp/product/B08F9WGLP2/ref=ppx_yo_dt_b_asin_title_o00_s00?ie=UTF8&psc=1
I assume with that i dont need the motherboard "split" cable i see referenced which often in the reviews is mentioned it caught on fire.

This is the rig i initially found on amazon, sounds as if it may fit two psus, but only if one is sideways and dangles:
https://www.amazon.com/gp/product/B08XJGG2YX/ref=ppx_yo_dt_b_asin_title_o00_s01?ie=UTF8&psc=1

This is the dual adapter: https://www.amazon.com/gp/product/B08F9WGLP2/ref=ppx_yo_dt_b_asin_title_o00_s00?ie=UTF8&psc=1

Anyone have any comments on this setup and if it makes sense to go with a dual psu's here (and safe?), i guess safe if i make sure individual components are powered from the same psu (not split up)?
Thanks in advance

I've used trust wallet for a few up and comers so far. But managing those outside of the app is a pain. I've managed to sort of import the trust wallet entries but they dont really work right in coinstats.

Is there a better way to move things out of trust wallet (ethereum based tokens and bnb ones too) without paying crazy network fees to move them (in particular Ethereum)

Or perhaps a better way to import them into coinstats with functionality ? (i imported the bnb address and the ether address to get the tokens for each).
Thanks in advance

Im trying to avoid a usa gains tax (i think) by converting xml to a middle man coin to get to an end coin (example: sol). I had been using btc on other exchanges by first converting the amount i wanted to btc then that to the final currency.

Is that the best method here? Or is it just the same to convert xlm to USDT (i would think that would trigger gains tax)? It was my understanding coin to coin there was no gains tax only "added income 1099" tax worst case, or maybe thats only if you withdraw?

Any idea why im not seeing the xlm pairs like xlm/btc in the trading area of binance.us?

Thanks in advance

Im a few weeks deep into crypto at this point.

But i'm unclear on some things, if anyone has any general info.

When a coin is traded for another coin, its my understanding that in the USA thats a taxable event (i guess added to income 1099 maybe but not capital gains related), though this part eludes me, if nothing is cashed out how is it added to income exactly?

Do exchanges automatically provide these type of trades, coins for coins as statements so that its not needed to be tracked? (IE: end of year or month etc)
In my case i have been using cashapp, kucoin, coinbasepro, robinhood, bittrex, and kracken


So what i've done so far is try to make an excel spreadsheet with all these moves, but tracking the exact specifics especially after say 3-5 are done at a time becomes a nightmare and trying to determine what i should be putting in the spreadsheet (coin for coin exchanges).

Now on the financial software side (quicken), i decided to add each exchange where things are deposited as a brokerage account and just show the deposits there (but not the securities).  I guess i figure since i have all the securities in coinstats i dont need to track that in quicken, just the money going to and from the bank account.

Its my understanding if i hold currency a year or more its long term capital gains tax, vs before that short term.  Whats unclear on that is if you build up a crypto over the year and then decide to cash out part of it, how do you know if some of it was a year a go and some 6 months which part you just took out cap gains wise, long vs short?

Just wondering if im on the right path or any other tips?

Thanks in advance

Wondering if anyone else has gone at least 3+ weeks and eventually got approved? 

Mine has been taking forever.

I thought i could maybe try a different login and redo the verification, but once you get to the verification part, it says taxid already in use (not sure if just "disabling" the old stuck one would work)?

Or perhaps it just takes eons?
Whats the longest someone had to wait in the usa?

Any thoughts

Thanks in advance

I cant seem to find much info on this, im sure theres a reason.

But, i did trustwallet and pancake to get safemoon, bonfire, spore (small dollar amounts around $100 on the first two, only $20 on the last).

This is going on with all 3, but an example, bonfire, i think i had 300 million coins to start a few days ago, now only 100 million, though its fluctuating on all 3, up and down constantly.

Is this a feature only on certain coins, i thought i saw something about 5% going back in etc, or is it a feature (fluctuation) only on new coins?

Also, i have a ledger coming, as i was going to move anything not to ever be staked (probably wont stake), onto the ledger for safety/anti hacks, what happens to these coins then since they are offline?  I assume coinstats wont show a fluctuation?  Is it better for new (or these weird moving coin ones to keep them in an exchange, but unsafe)?

Thanks in advance

Im becoming more familiar with things each day but much to learn here.  (honestly only been about 3 weeks if that)

They say start small, not sure if i did, i mean i did at first but things ballooned, im at 8k overall, with the bulk of it going to what are long term stable projects from research and advise (almost 1 eth, xlm, ada, dot, nano between 1k and 500 each, etc).  The other small percent were small dollar dumps into hoping for mid run moon shots ($100-150 or less per each, ie: safemoon, bonfire, spore, btt etc)

So in looking at the day to day gain loss for the big picture in coinstats i see it vary from minus 300 to plus 600.  If i look individually its not so bad, ie: eth is plus 300, etc.

**So my questions are in looking at the trading graphs, when do most decide to bail on a project.. ie: example BTT .. it started flat, peaked, went down, then seemed to go up but now for some degree of time its been constant horizontal or flat lined.  Granted this one i didnt put much in, probably not worth bailing on it, but when do those that dump way more bail (IE: $1000+)?

I feel like i should maybe consolidate since i have around 16 overall, though diverse, but if i had put a lot more into the big 4, over time they'd gain more.

I guess in reality this could take years to see profit on the smaller ones.  I see why some dump a lot more in the beginning if research shows the coin has potential, but i wanted to spread it to start.

Any suggestions or tips on what to look for in the graphs (i've read some articles about how to connect things and do triangles and look for features, rsi etc).

Thanks in advance

im still a tad new to all this, i've been mining eth and i have almost a full eth so far, but i noticed that you can get 4-5% apy on eth by sending it over to blockfi.

Any reason to NOT do this?  Is it stuck there permanently in some way or limited on when / how soon you can withdraw if you need to quickly?

Or is blockfi typically used by most (i was planning on ultimately moving things to a ledger that i ordered), wondering what everyone does in this situation?

Thanks in advance

I noticed there is an option to stake on various crypto i already have, such as ADA, Eth etc, some with as high as 10% yields (is that per year)?

I think i read if you stake eth at least, you might not be able to unstake?  That effectively means you can never sell what you stake correct?

Are there any you can stake and pull out at any given moment, or is this generally the way it is, stuck.
I also primarily use coinbase pro but im not sure there is staking there.

Thanks in advance

Still somewhat of a beginner though getting much further.

I use coinbasepro and have xlm that i want to convert to lite coin.
However in the interface i dont see a convert option anywhere (or swap etc).

Am i missing something?

Or do i need to use an external service that would let me use the xlm address on coinbase pro and send it to an litecoin one?

edit: is it choosing litecoin on the trading area, then deposit xml, copy the address and memo info then go to the xlm in the account and do a send and put in the info?  Er i guess thats not it.
I looked at xlm-xyz pairs, there is no choice for litecoin

Thanks in advance

Im still starting out but trying to hedge ideas on which of these (or others) that might be worth dumping $1k or less into.

So far i've been looking at what the supply cap is for each, looking at ones that mimick the supply caps of bitcoin or eth. with a few exceptions.
I also put $150 into Btt bit torrent, as from some discussions it may be worth a minor investment.

Any thoughts on these or others

Any suggestions on how to play things during the rise and falls, i guess some sell as it peaks and others hold.  Wondering if doing 1 vs the other over time if it balances out either way?

Thanks in advance

So at this point i've done some robinhood, got Trx on Bittrex (i guess that wasnt a good idea now i need to move that), Bought some on coinbase pro,  used changelly and cashapp to get Btt and moved it to exodus etc..

But had some general questions.

I'm unclear on whats the best bet for leaving currency "online" on these sites.  Is the only real safe bet to move them to at least exodus (though ive read not the safest), or to move to electrum (installed but havent figured it out yet)?
I was looking into getting an electronic offline ledger device or one of the ones on amazon.  The one on amazon had some sketchy reviews so that made me nervous (trezor)


Related to that, if you move to an offline source and need to sell in a hurry (assuming your not holding forever), how are people moving things?  (issues arise when some sites like even coinbase or kraken dont support a few currencies)??


Then related to the whole buying and selling, are most that "sell" just exchanging for other currency or is it better to withdraw?  I would think (usa here, irs) it would be better to exchange tax wise but unsure, thats a whole other realm?

Thanks in advance for tips here