This post will be pretty nerdy and confusing, so not for everyone. Ill try to keep it as clear as possible. I posted in early January 2021, when the mining rate was 8000 sats, which equated to $2.77 USD and the same USD value of Ethereum. Now the mining rate is 8199 sats which equates to $3.82. The 199 sats increase is only equal to 0.10cents so most of this increase has come from the increase in the price of Bitcoin. Therefore, in this time the mining rate has gotten more expensive in USD terms. So does this mean its not worth mining any more? It's not quite that simple. It's pretty obvious that during the time period mentioned above, the BTC dividend payouts have been decreasing as the BTC profit pool has decreased. This is why I wrote the post What's happening with the dividends? So many things are changing at once that you can get the wrong picture if you only look at one item. Yes the BTC dividends have decreased, but the ETH and now BNB profit pools are now providing non-btc dividends. The price of these tokens have also gone up in USD terms recently. So you can say the price to mine tokens has gone up, but the tokens have also gone up in USD terms. You still will have had an advantage of a lower mining price from starting earlier, but anyone starting later will have the advantage of increased USD dividend value that would offset the mining price increase to a point. If the price continues to go up then they benefit even more. The problem is there is a lot of lag in the cycles. The way I see the cycle is as follows: Lower token price => Cheaper mining => Increase in the profit pool => More dividends => Higher token price => Less mining => Decrease in the profit pool => Decreased dividends The cycle of token price directly influences the profit pool and in turn the dividend payouts, but with great lag. We cant time the cycles so a certain amount of faith is required that the token price will decrease/increase at some point and therefore replenish profit pools, or allow the withdrawing of profits to USD. Betfury has also made an attempt at smoothing this effect by adding ETH and BNB which will not eliminate these cycles but hopefully smoothen them out by allowing other mining options or to encourage new players into the system. I suppose my conclusion is that since we cant time the cycles, mine anytime provided you are long term bullish on token appreciation and Betfury as a company. If Bitcoin increases rapidly in price, don't deposit more USD to tokens, just take a break from mining if you run out until it corrects. You can cash out dividends into USD while price is high. If price corrects lower, resume buying tokens and mining. Personally I don't want to convert tokens to USD. I also bought Bitcoin a while ago in a lump sum, therefore trying to time this cycle is not as important to me.

For most of you it may be pretty obvious that if you mine with TRX tokens, your dividend rewards relative to investment will not be as good as BTC. I wanted to just use some math to show this though. For this example lets imagine we are deciding to either get 100k BFG(BTC) tokens or 100k(TRX) tokens: ______________________________________________________________________ 8000 sats mining rate = $3 USD per token and 100k BFG(BTC) =$16 per day payout 50 trx mining rate = $1.4 USD per token and 100k BFG(TRX) =$1 per day payout ______________________________________________________________________ So it's twice as expensive to mine BFG(BTC) because $3 per token vs $1.40. To make the comparison similar, lets compare 200k BFG(TRX) to 100k BFG(BTC) because it will cost the same amount to mine 200k BFG(TRX) as it will 100k BFG(BTC). ______________________________________________________________________ 8000 sats mining rate = $3 USD per token and 100k BFG(BTC) = $16 per day payout 100 trx mining rate = $3 per 2 tokens and 200k = $2 per day payout ^ Two tokens not one ______________________________________________________________________ So for the same capital you can get 2x as many tokens with TRX but the payout per day is still 1/8 or 13% of that of bitcoin at current prices. If bitcoin price drops by 85% payout will be $2.4 per day still more than the payout for TRX if its price remains the same. If bitcoins price halves to a $8 daily income and TRX price goes up 400% they will both be about $8 daily income. If TRX price increases by 800% then income will be the same as BTC. Only mine TRX if you are super bullish TRX and don't think the same price performance will be seen in bitcoin in the future.

The dice strategy I mentioned on the home page is pretty simple and safe. What other strategies have people found?