And yes I am mining Ethereum 24x7x365 still. I convert most of it to STEEM. Considering the price of ETH and STEEM have both dropped so much, it only gives me a little supplement to help buy votes and such. Lately, its been producing 0.05 ETH about every 5 days. Pretty sad actually. If STEEM made a recovery bull run, all of this converted ETH, (which I lose some of it in transfer fees) could potentially really turn things up for this account and also help me pay some bills.
All I can say is something is better than nothing. Im getting nothing on my hashflare contracts when the price goes below $8,000 bitcoin they suspend payouts because the maintenance fee is greater than the payout.
Current price:
steem: .74
etherium: $224
Bitcoin: $6555
When I started investing with steem the price was $3.00, ehterium $800 - $1000 and bitcoin was $15,000 - $18,000. These are all approximate numbers not exact.
Generating more coins definitely puts us in a position to compound our investment. I have a little fantasy in my head where I have 10,000 coins and steem goes to 10 dollars. If that happens I will sell 5,000 coins when steem hits $5.00. then sell the other 5,000 when steem hits $10
I would like to have a spare 2000 coins to keep on the platform.
I wonder how the power down would affect your 13 week (3 month) payout? Do you get a locked in price for your steem when you start your power down. if not your expected profit can change depending on what happens to the price of steem within that 13 week time span.
And yes I am mining Ethereum 24x7x365 still. I convert most of it to STEEM. Considering the price of ETH and STEEM have both dropped so much, it only gives me a little supplement to help buy votes and such. Lately, its been producing 0.05 ETH about every 5 days. Pretty sad actually. If STEEM made a recovery bull run, all of this converted ETH, (which I lose some of it in transfer fees) could potentially really turn things up for this account and also help me pay some bills.
All I can say is something is better than nothing. Im getting nothing on my hashflare contracts when the price goes below $8,000 bitcoin they suspend payouts because the maintenance fee is greater than the payout.
Current price:
steem: .74
etherium: $224
Bitcoin: $6555
When I started investing with steem the price was $3.00, ehterium $800 - $1000 and bitcoin was $15,000 - $18,000. These are all approximate numbers not exact.
Generating more coins definitely puts us in a position to compound our investment. I have a little fantasy in my head where I have 10,000 coins and steem goes to 10 dollars. If that happens I will sell 5,000 coins when steem hits $5.00. then sell the other 5,000 when steem hits $10
I would like to have a spare 2000 coins to keep on the platform.
I wonder how the power down would affect your 13 week (3 month) payout? Do you get a locked in price for your steem when you start your power down. if not your expected profit can change depending on what happens to the price of steem within that 13 week time span.