Absolutely killed it in Miner Wars this week

in #bitcoin12 days ago (edited)

I wasn't sure I wanted to stick with Miner Wars in GoMining because of the weak start of the week. Then I had a really good Saturday, and then got a 32x block on Sunday which totally changed the game.

Based on my discount and hash power, I'd make $432/week solo mining, this is after all fees.

This week, I made $1260.40 worth of bitcoin from clan wins, and an additional $1551 in GMT for my personal blocks. After fees, the clan wins alone cleared $452.35 after fees with the $1551 in GMT being pure gravy. Because I earned more than solo, I paid the league average for electricity which is higher than my normal fee.

I mined 50 blocks personally, which got me 3785.21 GMT in addition to my clan rewards. GMT is on a tear this week and is up to $0.42 since I got it originally at $0.29 a month ago.

All said in done, I'm at $1905 after fees this week, compared to $432.56 after fees if I just passively solo mined. I did spend 1880 GMT in boosts, which means I have another expense of around $790 putting me at $1567 total profit. Boosting hasn't gone well for me, I try to conservatively boost, but you really have to commit to stack the odds.

We are now in Eclipse, which I don't think I will do nearly as well. So far it has been slow, but so was Horizon at first last week. In the first day, I got 2 blocks, and our clan only has 5 total blocks. If this keeps up, I don't think this week will go well. It's hard to tell though until the week plays out.

I am trying to play this week passive and not boost. Last week I spent 1880 GMT on boosts, but I only won one block boosting, fortunately it was the 32x block. I am thinking I will avoid boosting, and just use my turbo potentially on 32x or higher blocks. In eclipse, it is possible to hit a 128x block although the blocks are worth less than Horizon .

I doubt these results are typical and I just had a really good week and a significant investment. It is possible to do better than me with aggressive boosting, I just don't like that commitment and gambling. I'll post an update when I see how Eclipse goes, from what I hear Eclipse is not a great place to be.

Greedy's had a record boost of 0.21% this week, which resulted in a free ~7.5TH boost for my farm which is roughly $140 worth of free upgrades.

If you want to check out GoMining, you can use my code to get 5% more power on your first miner. I'm currently in the Lucky Order 21 clan, if you want to join Miner Wars.

https://gomining.com/?ref=GGBCWPU

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I only boosted when I saw that we were in the 16x rounds. Those two back to back were pretty crazy. I know my power isn't that much, but I tried to do a little bit to help. Your still planning on sticking with the clan then?

I wouldn't boost in 16x, the competition is much higher and your chases with a single boost to do anything is slim. I'd focus on 1/2x rounds with small TH and try to win one of them. Unless you can really commit to boosting.

Right now, I am sticking with clan, I will probably give it a week and see how it goes. I got two blocks, but the clan has only got 5 which is not a good sign but anything can happen on any day.

Ah okay, I guess that makes sense. There are probably some big dogs that gun for those high multipliers. Just going passive this week and not boosting will probably give you a good idea of whether it would be better to stay or just go solo I am assuming.

Just watch the spam when a high multiplier shows up the spam gets crazy.

:) Definitely makes more sense than my previous way of thinking. I think I was just concerned the clan wouldn't think I was pulling my weight.

Smaller TH the only strategy to stay competitive is to boost.

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 2 days ago Reveal Comment
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