RE: LEO Miners 50-Day Calculated Returns
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Best post I've read this week, great analysis
@captaincryptic and @gillianpearce - here's a perspective on LEOM!
Back of fag packet calculations suggests that 3.5 increase in price means that 80% ROI will come down to around 25% ROI especially with more miners being bought, and that's roughly the return you get with just buying and staking LEO!
Might just be worth buying a few more, and diversifying. Personally I'd just buy the raw stuff! LEO that is!
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Thanks!
Indeed, 170 LEO Miners will mine 1 LEO in roughly 1.5 days if the calculations are correct that is. That's probably the most straightforward way to looks at it for those who wonder about the returnr.
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That's even easier - I did actually buy one more. Just the one!
They're damned pricey now!
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Thanks for the tag @reviseleo. I'm with you on this one I think . . . I'll stick with buying LEO itself. Not sure about staking. I'm a long time out of the loop and have a lot to learn since the move from Steem to Hive.
For example, I saw your tag in Gina which meant when I clicked on it I was taken to Hive.blog. If I followed you there, would I also be alerted to your posts on Leofinance? These "new" interfaces/communities and usernames have me very confused.
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Now we've got a linear curation curve on LEO you get an equal return whatever and whenever you vote - so here it's very easy in terms of curation.
Well I guess GINA would do that - if it's set for every post, but it wouldn't filter my posts - every post you make from LEO is still posted on Hive too.
They all run on Hive - the secondary tokens are just a layer on top. Although TBH I'm now starting to think of LEO as the primary token!
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