So miners, are you selling your mined btc as soon as you get them?

No point of selling BTC now

I will hold most of them. And sell some coins at the end of month for the electric.

Really depends on the price, if the price is low like now, I would keep and hold.

Hold...hold...hold!!!

Hold most and reinvest the rest with sites such as BTCJam.
Also have been buying some Paycoin, as Paybase say they will buy them back for $20 each and the current market price is just $4

I use money from my job to buy the electricity for my miners. So it is like investing, but instead buying out my coins so that I don't drop them into the market.

I'm guessing most of the answers here are from home miners.

If you have something like this, you have no choice but to sell your mined BTC soon as you get them to cover electrical and cooling costs:

Quote from: ChuckBuck on January 16, 2015, 02:27:33 PM

I'm guessing most of the answers here are from home miners.

If you have something like this, you have no choice but to sell your mined BTC soon as you get them to cover electrical and cooling costs:

Perhaps thats the question he's asking "Can you big guys hold your coins for a better price and personally eat the electrical costs untill that better price, or do you have to sell them"

I only sold BTC0.1 to cover a bill and that was in 2013...

I generally only use coin to buy mining hardware.

Anyone who needs to sell more than 75% of their take shouldn't mine at all.

If anything, I can pay my entire power bill out of pocket but I got free power.

I keep it this way because living arrangements can change at any moment's notice.

Quote from: Fiyasko on January 16, 2015, 02:29:35 PM

Quote from: ChuckBuck on January 16, 2015, 02:27:33 PM

I'm guessing most of the answers here are from home miners.

If you have something like this, you have no choice but to sell your mined BTC soon as you get them to cover electrical and cooling costs:

Perhaps thats the question he's asking "Can you big guys hold your coins for a better price and personally eat the electrical costs untill that better price, or do you have to sell them"

I don't think many miners are going to want to mine bitcoin and then not sell "until they can get a better price". If they were to do this then they would simply spend the money they would give to the electric company on buying bitcoin on an exchange

Quote from: Rum152 on January 17, 2015, 11:32:49 PM

Quote from: Fiyasko on January 16, 2015, 02:29:35 PM

Quote from: ChuckBuck on January 16, 2015, 02:27:33 PM

I'm guessing most of the answers here are from home miners.

If you have something like this, you have no choice but to sell your mined BTC soon as you get them to cover electrical and cooling costs:

Perhaps thats the question he's asking "Can you big guys hold your coins for a better price and personally eat the electrical costs untill that better price, or do you have to sell them"

There is a reason to speculate or invest into bitcoin thro mining.... anonymity.

In many parts of the world, buying bitcoin thro exchange might expose a money trail (think Russia) that might lead to legal issue or even worse (robbery).

Another thing is "virgin coins". So some ppl might invest into mining farms, to get virgin coins (completely ..... taintless)

I am selling some 10% of BTC income.

I'm personally keeping most of them.

I think most of them are smart enough to hodl and only sell as much as they need for the expenses.

I usually hold my bitcoins until there is something I would like to purchase that is denominated in btc and at what I feel is a good exchange for my mining efforts.

I sold on FULL MARGIN most of my coins on Bitfinex around $500 or so and whenever I mine a coin I sent it back to the exchange to cover my short.

So if BTC goes to $1, i will still be mining to buy back those coins.

Holding my BTC till the big boom.
my mom pays the electricity for my miner :'3

Definitely holding for now, I expect long term prices to be much better than what we are seeing now and so there is no pint selling imo.

Holding. And regarding the picture of the industrialized rig... for all anyone knows there are hundreds of rigs setup like that subsidized and many others that get bulk rates for data centers so they fall under a cap of what they'd spend anyways.