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Upgrade to 70th Miner Reduces Maintenance Discount, Requires More GMT Accumulation
The person initially owned a 30th miner at 20w and had approximately 1000 GMT locked, plus additional GMT in the wallet, to receive a 20% maintenance discount. After upgrading to a 70th miner, their discount decreased to 13%. To regain the higher discount, they needed to accumulate more GMT.
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Analysis
This scenario illustrates how upgrading mining equipment can influence property costs associated with maintenance discounts. Initially, holding a 30th miner at 20w provided a substantial 20% discount,...
Recommendation
It is advisable to carefully assess the long-term benefits of hardware upgrades relative to the costs associated with maintaining optimal discount levels. Continuous accumulation of GMT appears vital ...
Disclaimer
The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.
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