Hive mining.png

Intro

Big shout out to Leo Dex and Hive list that have both been useful resources for me as I learn about Leos and Hives various functions such as Staking, Mining and Trading through Hive-Engine & Leo Dex. Link at the end for both resources.

As I get more use to the Hive network I am getting a better understanding of how it works. Todays post is focused on as the name suggests Mining more specifically the mining that I have some experience with and currently have set up in my account. Mythical has to be the one that surprised me the most but I have several investments on Hive that could be viewed as or are a form of mining.

To some of us that can be a scary word investment I also use to have this view however the best part of hive to me has to be the affordability which is what all of my investments are low level $5 is the most I have ever spent on one.

For those who may be curious my Hive portfolio includes the following mining cryptos and collectables. Collectables from Mythical.farm farmfarmer.farm and Dcity.io functioning like staking or mining similar to a some smart contracts or in some instances like delegated proof of stake (DPOS).

My Mining crypto from Hive variations/blogs or Leo excluding staking the base versions like LEO, WEED, LIST, and others.
WEEDM(WEED Miner), HUSTLERM (Hustler Dollar Miner), LEOM (LEO Miner) , CTPM (CTP Miner)
if anyone was interested for clarification I figured I should point out exactly I was referring to throughout the post.

Mythical.farm

Its time to talk up https://mythical.farm/ mining again because I had another payment from them. Bringing my total earned to 10 MYTHICAL and 1 SERPENTIS, due to the ability to use a PayPal account so easily. As well as How quickly I have been seeing returns on my mining NFT collection I would recommend any rookie investor check them out.
my mythical wallet

my mythical collectables
mythical collection .png

SERPENTIS has to be a little disappointing because of the price & the number mined at once 1 instead of 5 with MITHICAL. This is partially due to how the market on https://mythical.farm/ is set up you can burn either SERPENTIS or MYTHICAL to purchase special NFTs that cant be directly purchased.

SERPENTIS can be burned to get Mages, which give a boost to all your Mythical Miners. mages .png

Or you may also burn SERPENTIS to purchase Lords the Lords are delegated to your account as any NFT from your collection must be to mine.

However instead of increasing your mining efficiency MITHICAL you will mine CONTROLUS. CONTROLUS can be burned to change the rules of the game which far to much power for me so I think ill keep to the shallow end mining MITHICAL.

Mining MITHICAL or mining FARM work much the same way Ill be going over my https://farmfarmer.farm/ investments next so ill explain both at the same time. Mining on these two services is based on probability of wining the daily allotment which is represented by odds on your wallet.

I have a theory but no evidence as of yet that the odds are tied to the number of total users as well. This explains why I have received nothing from my Farm NFT collection and 3 payments from my Mythical collection or assets. But that is only a theory ill have to research more to be sure.

FARM Farming

Just typing the name makes me feel ridiculous even though I haven't gotten paid once from https://farmfarmer.farm/ its another low level investment to check out because its also purchasable with PayPal and its cheapest NFT is even cheaper at $0.75 compared to the cheapest Mythical NFT at $2. However I haven't gotten anything off my initial $0.75 investment so after I got done Christmas shopping for the family I bought my portfolio some things to because I love it like family.
My farmfarmer.farm collection
farm.farm colection .png
My farmfarmer wallet
farmfarmer .png

Note that my mining probobility is much lower that mythical.farm account but I spent less to $4.25 compared to mythical where I spent $9. However my mining took place before I purchased Dwarven grunt for $5 meaning that technically that 10 MYTHICAL and 1 SERPENTIS came from my initial $4 investment 2 $2 GOBLIN PSYCHOS Unfortunately I am piss poor at taking notes and dont have a record of the mining odds of that but ill try and find out and add it to the comments.
goblin psychos 2.png

Now my collection is a little larger but ill wait a while a weak or so if I haven't received FARM I will purchase $5 worth more NTFs and if then nothing happens ill accept defeat.

https://farmfarmer.farm/rules
condensed rules
There are 4.5 FARM mined every hour that are delivered to 9 winners. Chance of winning is determined by your Mining Power / Total Mining Power.
There are 20 winners for $FARMGOV for 40 tokens daily. Chance of winning is determined by your Staked FARM / Total Staked Farm.
40k $FARM are up for grabs every year and Hive Engine games accept them at 1 $FARM = 1 USD

One advantage over Mythical

All Farm NFTs all may be purchased with USD while being considerably cheaper.

Hive-Engine/Leo Dex mining cryptocurrencies

My mining crypto these have been the most surprising part of hive to me the mining crypto(s). These are shockingly cheap while being efficient as well My most expensive one is a Leo miner at roughly $1.50. but I have several the cheapest of which is:
Hive hustler dollar .png
as you can see 10 is less than a penny so far I have had them 3 days and they have mined:

These types of investments always make me nerd out because they allow me to diversify my portfolio and be lazy my two favorite things.

Mega Miners such a LEOMM and WEEDMM these both have 4x the mining power of their Miner counterpart but cost 4x as much:

All of my purchased miners must be staked to earn an important note for first time investors. Staking can get complex as a subject so ill do da separate post about it specifically just know you have to stake your mining crypto through either Leo Dex or Hive-Engine. Possibly more exchanges or services for staking exist these are just the Two I use.

Dcity
By far the most complicated mining that I also have the least experience with is using https://dcity.io/ I have learned enough to warrant a mention at the very least.

Dcity is as I have mentioned in a previous article connected to a lot of services on hive. having its market connected with both https://farmfarmer.farm and https://mythical.farm like splinterlands.

Dcity also has a connection to BEER CCC DEC GAMER STEM & WEED having NFTs and events connected to the crypto listed. You can both spend theses cryptocurrencies there but mine them as well in some cases. I'm still learning but I have a brewery NFT mining BEER and a WEED farm farming WEED.

There is a lot to unpack when attempting to describe Dcity but ill focus on what I'm seeing returns on I'm mining NFTs for Dcity daily from my career center laboratory and educational facilities ect. Dcity is complex at first for new users but I'm making 15 SIM a day be expecting to invest around at least $10 to get started. I'm getting addicted in a metaphorical sense to Dcity its fun once you get into it I'm even going to buy a casino once I post this to start earning GAMER.

Conclusion

I'm still learning about hive as my understanding increases I will attempt to impart some of my knowledge to anyone willing to red it. Weather its just to laugh at the newb making sense of things or those like myself just getting a better understanding of Leo or hives many services.

Helpful resources
crypto term glossary
https://www.coingecko.com/en/glossary
Leopedia useful info on Leo and hive
https://leopedia.io/