Reveled: The truth Behind @minnowbooster Voting Bot

Hi, Everyone I hope most of us already know about Hive account@minnowbooster Voting Bot. For those who didn't know about it , Please visit their blog page at https://steemit.com/@minnowbooster.
This account was created by Hive account@thecryptodrive only 23 days ago. They Provide multiple type of services like:-

1 . Upvote Bot

1. Delegated SP Leasing
2. Investing STEEM (Powering up Hive account@minnowbooster) - I don't use it because i have not enough SP.
3. Investing delegation to Hive account@minnowbooster - I don't use it because i have not enough SP.

So here I only talking about point 1. & 2. only. For point 3 and 4 please try by yourself if you have good SP in your wallet.

1 . Hive account@minnowbooster Voting Bot

It is mainly a voting bot which is paid voting provided who upvote your post or comment in 0.5 times to 5 times whatever you paid him for your upvote as per his voting Power.

As per post of Hive account@cerebralace (https://steemit.com/steemit/@cerebralace/how-to-use-the-steemit-voting-bots):-

Essentially, you can submit any amount of SBD (at least 0.1 SBD) to minnowbooster and have the bot upvote your post automatically proportional to both the amount submitted and to its current voting power.
At 100% voting power, minnowbooster upvotes your post by 5 times your submitted amount. For example, if you send 2 SBD and minnowbooster is currently at 100% voting power, minnowbooster will upvote your post by 10 SBD.
At 80% voting power, minnowbooster upvotes your post by 4 times your submitted amount. For example, if you send 2 SBD and minnowbooster is currently at 80% voting power, minnowbooster will upvote your post by 8 SBD.
At 60% voting power, minnowbooster upvotes your post by 3 times your submitted amount. For example, if you send 2 SBD and minnowbooster is currently at 60% voting power, minnowbooster will upvote your post by 6 SBD.
At 40% voting power, minnowbooster upvotes your post by 2 times your submitted amount. For example, if you send 2 SBD and minnowbooster is currently at 40% voting power, minnowbooster will upvote your post by 4 SBD.
At 20% voting power, minnowbooster upvotes your post by an amount equal to that submitted. For example, if you send 2 SBD and minnowbooster is currently at 20% voting power, minnowbooster will upvote your post by 2 SBD.
At 10% voting power, minnowbooster upvotes your post by 0.5 times your submitted amount. For example, if you send 2 SBD and minnowbooster is currently at 10% voting power, minnowbooster will upvote your post by only 1 SBD!
Thus, always remember to check the voting power before using minnowbooster (use steemnow.com or https://steemd.com/@minnowbooster). As a general rule of thumb, only use minnowbooster when its voting power is 80% or more in order to get post rewards that are at least 4x your submitted amount.

To use minnowbooster, send X amount of SBD (at least 0.1 SBD) to Hive account@minnowbooster and add the post/comment URL as the memo.

You can even found it their blog post:-

THE TRUTH BEHIND Hive account@minnowbooster Voting Bot.

It's a very attractive offer to get upto 5 times of what is invested so i keep waiting for rising of minnowbooster voting power atleast 60%+ so I can get upto 3 times of my investment. I observe it daily for last 15 days atleast and found it's voting power trolling around 34.3 to 47.3.
But suddenly few days back it's voting power going upto 50%+ and from there it is going upto 60% upto + VP.

But suddenly they stopped their voting services by saying "minnowbooster is takind quick nap'

In here there in 49.50% VP and as per their promise they have to provide 2.x times. but it is quick nap.

And even worst is when only 3 days ago they published a post in their 60%+ VP that, from now only 2SBD investment will be allowed everyday .

So what I am waiting for this long days it is going in vain and they are unable to keep their promises what they said in their introduction post but you may .

But personally i think it is good to provide a limit or else some big user will drain it in first day.

The Profit/Loss calculation - ROI

As per their present voting power 58.64% ,lets have some analysis:-

Example 1:-

ejhaasteem transfer 2 SBD to minnowbooster -

And He get $3.41 as return of his investment -

But as per their promise they have provide $2 x 2.5 times = $5 Approx, but they only provide only $3.41.

The Profit/Loss calculation - $3.41 (2SBD & 25% curation reward) = Profit $0.56 ($1.25 SBD & 0.63 SP Approx)

Example 2:-

The Profit/Loss calculation - $3.44 (2SBD & 25% curation reward) = Profit $0.57 ($1.26 SBD & 0.64 SP approx)

Conclusion:-

yes, You always gain few cents and Steem power from Hive account@minnowbooster when it's VP is more than 40%+than it it will be a loss. Please do some research and invest only when it's Voting power is more than 50%.

2 . @Delegated SP Leasing

Well this all about SP. You have to provide at least 1 Steem careful Steem no Steem Dollar to Hive account@minnowbooster then they will deligate 65 times or more SP to you.

For More details please visit their blog post -https://steemit.com/minnowbooster/@minnowbooster/introducing-minnowbooster-beta.

And So Here is my Analysis:-

Here is a user Hive account@pinksugar sent 1Steem to Hive account@minnowbooster.

Here is '4' means he is getting back 1x100 SP in 4 week, 25 Sp per week.

And as per result :-

Hive account@minnowbooster is successfully delegate 25.403 SP to the user Pinksugar. So as per their promise they do exactly what they said in there introduction post.

Conclusion

IT'S A BIG UPVOTE FROM ME TO Hive account@minnowbooster FOR THIS GREAT SERVICE.

Go for it Guys.

Thanks For reading my post.

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