Experiment going on for 9 months already - time flies. This time I am a bit late because, was busy and forgot to update.
The original miners cost was 2144 HIVE (2HIVE=1LEOM). So far about 2300 LEO has been mined during the experiment. If we would convert it into HIVE now we would get about 1700 HIVE.
More than last month since LEO is down against HIVE, seems HIVE has been performing a bit better than leo in last month. That means about 80% of the original cost (in HIVE). Let's just keep rolling, and LEO please move up against HIVE again, thank you.
The current prices of HIVE and LEO. HIVE is down about 34% (price 0.348$) since the last update and LEO is down about 58% (price 0.261$). Omg, that looks really bad actually. What is the market planning to do next, not sure. We can only wait and see.
LEOM amount 1000. Growth of LEO - 2350 LEO staked now, and 317 in balance. About 245 more LEO in balance and staked than last month - still growing.
As seen on the Hive Engine table from hivestats.io, it shows 248 new LEO in the last 30 days, but I know it's not correct, since it counts other tokens also, i recieved some POB that was worth about 30 LEO I think. So maybe about 200 LEO mined. Also I am almost a week late with the update, so the amount is bigger than usually.
The price graph of LEO on LeoDEX. Last month is down a lot.
0.72 HIVE per 1 LEO.
The price graph of LEOM on LeoDEX.
Currently at 4.4-5.9 HIVE per 1 LEOM. Almost half of what it was last month.
If the bull market would continue, a good place to buy maybe?
The graph of the my LEO since the beginning of this experiment. The goal was to collect 5000 LEO by the end of 2021 mostly by mining. Still a lot to go. I might be reconsidering that goal, the current market conditions are just too uncertain for me.
Market is in a weird place currently, but community and things are developing. One thing I realised from this update is, that I should have moved atleast part of the mined LEO into something more stable since the beginning of the experiment, since LEO current value has been going down a lot. Atleast next time I will be smarter, or will I?
But will currently keep going, will see what the market decides in the next months!
Thanks for reading :)