Daily Sell
Risk: LowHow It Works
You sell mined coins immediately (daily or weekly) and convert to fiat currency. Revenue is predictable and tied directly to current market prices and mining difficulty.
Advantages
- ✓ Zero market exposure — no risk of crypto price drops
- ✓ Predictable fiat cashflow for covering electricity and expenses
- ✓ Simplest tax accounting — each sale is recorded as it happens
- ✓ No emotional decision-making about when to sell
Drawbacks
- ⚠ Misses all upside from bull market rallies
- ⚠ At current bear market prices, often barely covers electricity
- ⚠ Leaves 10-50× potential gains on the table historically
- ⚠ UK grid electricity rates can make this unprofitable
Best For
Miners who need to cover electricity costs immediately, or those with very expensive power who cannot afford to hold.
Example Scenario
Example: Mining RVN at £0.05/kWh
If you mine 500 RVN/day at current price ($0.021), daily revenue is $10.50. After electricity, net profit is minimal. But if RVN returns to ATH ($0.285), those same 500 RVN would be worth $142.50/day — which you already sold.