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Question: Of your daily BTC income from mining, what % do you sell?
<10% - 23 (76.7%)
10-25% - 0 (0%)
25-50% - 3 (10%)
50-75% - 0 (0%)
>75% - 0 (0%)
ALL - I need the cash now - 4 (13.3%)
Total Voters: 30

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Author Topic: POLL: Miners what % do you sell daily  (Read 1072 times)
BTC_Junkie (OP)
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August 16, 2011, 08:03:27 PM
 #1

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.

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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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August 16, 2011, 08:07:25 PM
 #2

Could you please make it possible for us non-miners to view the result of the poll?

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August 16, 2011, 08:09:20 PM
 #3

All of it, eventually.  Except for the 10 coins I'm keeping no matter what.
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August 16, 2011, 08:13:35 PM
 #4

Could you please make it possible for us non-miners to view the result of the poll?

Sorry forgot about that... fixed.

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August 16, 2011, 08:20:14 PM
 #5

I voted less than 10%, but the caveat is that I do spend some on goods/services.
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August 16, 2011, 08:33:37 PM
 #6

I spend enough to pay for electricity, which is about $65 a month for my 900 MH/s.

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BTC_Junkie (OP)
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August 16, 2011, 08:38:49 PM
 #7

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?

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August 16, 2011, 08:45:33 PM
 #8

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%.
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August 16, 2011, 08:46:01 PM
 #9

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.   Wink

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


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