My experiment continues. I have sold about 35 LEOM since last month, and bought some more LEO also with the funds. Soon I will hit a nice round number of 1000 LEO already, I think maybe in the next months. This time I take LEO as the counting currency, beacause that way we don't need to look at the $ price movement of the tokens. The original miners cost was 2144 HIVE (2HIVE=1LEOM).
The current prices just for comparsion for the future.
The HIVE token has been going down in $price, but seems now stable at $0.11. While the BTC has rallied to $15k. The LEO price has been slowly growing since the crash on October 11th. The community is stronger than ever before, and Leofinance has been developing some nice new features. Here's the chart of LEO from Leodex.
Since last month the LEOM price just hit its all time high at almost 10 HIVE. We are at 5x the value with the miners since bought, that's just crazy. But I am not planning to sell these, I want to continue the experiment and the current miners seems the best for the minimum that still produces on average a nice amount of LEO.
During the last week the miners have mined 23 LEO (34 HIVE) so about 3 LEO per day on average. There were 2 days with 0 LEO mined, that's a bit weird, but that's just how the miners work, quite randomly. The more miners you have, the bigger the chance of getting LEO.
It's a bit less than last month average. Probably because I powered down some to sell some amount and that affected it more than you would think. In the last month the miners have mined a total of about 120 LEO that equals about 180 HIVE currently, so we're on the path to get the return of original investment (100%) in about 10 months now.
Let's see how long I will keep this experiment going. So far not stopping yet.
