RE: Liotes - The Magic

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The only problem would be if you hold less than 0.2% of the whole supply of LENM. In this case, you might not have the probability to get 1 payout per day (we are trying to find a solution for that).

So, unless you guys find a solution for holdings less than 0.2%, when the full 5000 LENM mills are bought at 4 Hive, one would need 10 LENM to have 0.2%. Funny, that's exactly the number I had in mind for starters, without making any calculations.

Then, of course, more would be needed to keep that 0.2% ratio as more LENM are bought.

Well done so far, and I read there's more to come in the future from liotes! :)

hive-167922
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To be honest, if you do the calculation for other miners out there, you will be surprised how bad they look... Our primary goal was to secure the best solution for every LENM holder, including smallholders... There are some limits on the Hive-Engine token creation side, and this was really the best solution that we could figure out...

But, as I said, the mining pool is a kind of solution, and my personal experience running the WORKERBEE pool showed that it works very well...

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(Edited)

LENM will be my first miners :), so I'm not very familiar with these limitations. All I know is that you needed more of them (how many depends on competition) to produce rewards regularly. And that they are generally expensive for my budget.

Pooling seems like a good solution for small holders. Should I join a pool with 10 LENM, or it's ok on my own?

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Pooling seems like a good solution for small holders. Should I join a pool with 10 LENM, or it's ok on my own?

I have mentioned that we will be maybe doing the pool thing in the later stage, not immediately... :) So, at the beginning, you will be on your own, but we can mention @achim03 and he will be maybe more precise about expectations with 10 LENM, as he likes math challenges :)

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I have mentioned that we will be maybe doing the pool thing in the later stage, not immediately... :)

I seem to only read in diagonal and remember what I want. :)

Achim to the rescue. Seems he will write a post expanding on the topic.

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We are not ready for pooling yet because we would first need to make the LENM delegatable.
I will write tomorrow a post why it doesn't really matter how many LENM tokens you own :-). At the beginning you will be perfectly fine to go on your own with 10 LENM.

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