Just Bought 20 EDS Miners - Here's why

I shared a blog post last week explaining how I am Building My Own "Passive Income Empire" on Hive Blockchain and I just added one more token to my list!

I am talking about EDS Miners (or EDSM), the official miner of EDS token.

• EDS miners are now on sale (Official announcement)
  

Why I bought EDS Miners

First of all, I am holding around 100 EDS tokens for months now. EDS tokens generate me a weekly passive income paid in Hive and this income is slowly but steadily growing.

I used to earn around 0.230 Hive/Week when the project fist launched but now I am earning more than 0.270 Hive/Week for simply holding those EDS in my Hive wallet!

Now, the reason that I bought these EDS Miners is that Hive account@eddie-earner is not selling those EDS tokens on Hive-Engine exchange for 1 Hive anymore. The only way to get your hands on some EDS right now is to either buy them on Hive-Engine (1.29999 Hive/EDS) or buy some EDS Miners and ... mine

I aleady bought my EDS stake at 1 Hive so I decided to go with the second option.

I bought 20 EDS Miners for 10 Hive each and staked them so I can earn those sweet mining rewards every 8 hours.

If I understand corectly, miners are sharing a fixed reward pool of 5000 EDS/year but rewards are paid out every 8 hours to those who bought and staked EDS Miners.

This means that those who buy their EDS Miners first will earn a nice chunk of EDS every 8 hours until all miners are sold since the reward pool is fixed to 5000 EDS/year. Or am I missing something out?

You can take a look at Hive account@eddie-earner's latest post for some real math

• The early miner profits the most

Happy Earnings

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@Knowhow92

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