Phil and other,
Do you keep some mined ETH or exchange them right away? I remember that Phil has some strategy on it
This is how I do it.
Cash>bitcoin>ethereum
So I have more cash than bitcoin and more bitcoin than ethereum
I talked with Phil via PM a while back, when I was just getting started, and at that time he told me this:
"I cash four to btc and hold one eth."
I don't know if he still has this strategy or not.
I have sold some rigs for btc
I have cashed in some btc for cash.
I am now turning all eth coin to btc.
so I am:
btc first say 12000 usd worth
cash second say 7000 usd
gpu rigs say 4000 value
s9's + psu's say 4000 value
eth under 1000
I am hoping for a large price increase in BTC
My guesses are just guesses.
I also have value in btc shares at:
mmpool.org
bravo-mining
http://mmpool.org/statisticsRank Id DGM Estimate PPS Shares Rate (MHash/s)
1 a5d78fff 1.96209724 0.00000000 31,645,438,032 200,268,892
2 c932f3ed 1.50028009 0.00000000 10,960,153,010 0 ................. this is me and if we hit a block I get 1.5btc...........
sometime it takes 3000 hours to hit a block so to give a value to that 1.5 btc is hard to do
http://www.bravo-mining.com/index.php?page=statistics&action=poolRank Donor User Name Shares
1 jonnybravo 13,851,955,701
2 Songminer.. 10,550,039,265
3 vignesa....... 9,388,162,863
4 Chuckmist3r 8,612,886,539
5 philipma1957 8,156,796,290
same idea here it can take 1000 hours to hit a block. so to place a value on my shares is hard maybe .4 or .5 btc
So all in all I am near 30,000 usd... but the cash of 7k and the pc gear of 4k and maybe 1k in server psus means only 18k is at risk
I have a really good rep on
bitcointalk
macrumors
123macmini
ebay
anandtech
partsexpress
audiogon
so selling pc gear off would not be an issue.