At These Prices, It Is More Profitable to Mine SPS Than to Sell Midnight Potions

Ok... I've got the numbers after switching one of my Aura producing plots back to SPS mining.

Since I made the switch, the price of Midnight potions continued to go down. I missed the window to sell the remainder of mine when they briefly got pumped after that, but that's ok. I don't mind even if I hold them. I will eventually need them anyway sooner or later.

As I learned from Hive account@doombot75 in the comments section of my previous post on the subject, while aura is soulbound, what it will produce for the following use cases (raffle tickets and auction points) will be tradable, and that's a good thing for having more Aura produced that can be crafted into something with a fair value at certain moments in time.

Now, I'll share my numbers and calculations with you.

This is the amount of SPS I'm mining hourly on that plot:

So, 3.057 SPS / hour, or 513.576 SPS / week.

I forgot to take a screenshot with my aura production for the same plot, but it was more than 34 Aura / hour, from my memory. Let's say 34. Meaning 5712 Aura / week. That would result in almost 143 Midnight potions, so let's say 143.

Here are the lowest prices of Midnight potions on the market:

Let's be generous, and call $0.03 the lowest price, even though there are sell orders below that.

At $0.03, 143 Midnight potions would be worth $4.29, or in DEC (with the price of DEC at $0,0009717), that's 4415 DEC. Let's remember that: 4415 DEC.

Now, the price is SPS is $0.01001. Let's call it $0.01 for simplification. If I were to sell the weekly production of 513.576 SPS at $0.01 and swap it to DEC, that would be 5285 DEC. That's almost 20% higher than what I would receive by selling Midnight potions (and I overvalued those at $0.03 compared to the lowest price of $0.028 on the market).

If we were to consider things as a snapshot in time, mining SPS is more profitable than selling Midnight potions. Now.

But any change in:

• the price of Midnight potions
• the price of SPS
• the total and the plot's PP allocated to Aura production
• the total and the plot's PP allocated to mining SPS
• how often you claim and sell and the price at which you do it

can make this a very fluid situation. So, a week from now the situation could be entirely different. Even a few days or hours from now could be different.

But we can't really make changes so often because they are costly. They either cost production time (24h) and grain, or they cost time crystals, so if we make changes, we'd better have in mind at least a few weeks without any adjustments or a very high profit on a short time to compensate for switching worksites.