New year, new update. My experiment has been going on for 4 months now. Previous post - month 3.
The original miners cost was 2144 HIVE (2HIVE=1LEOM). So far more than 400 LEO has been mined during the experiment. If we would convert it into HIVE now we would get about 1600 HIVE. That would be 74% of the original cost (in HIVE). This is already very close to the 100% thanks to LEO price rising lately. But we will see, what the future brings us.
The current prices of HIVE and LEO. HIVE is up a bit since the last month and LEO is up about 100% - crazy.
Same amount of LEOM as last month, didn't buy or sell. Some growth of LEO - 1500 LEO staked now, and 19 in balance. About 190 more LEO in balance and staked than last month.
The price graph of LEO on LeoDex, showing a nice uptrend. Almost at 4 HIVE per 1 LEO.
The price graph of LEOM on LeoDex. Going up now also faster. Currently at 18 HIVE per 1 LEOM.
This is worth now so much I don't even want to look at it. 😅
As seen on the Hive Engine table from hivestats.io, there was 121.26 new LEO in the last 30 days. I would say about 100 of those LEO-s was mined by the Leominer. 100 LEO at current prices is 400 HIVE. It's about the same amount in LEO mined than last month, seems quite stable now.
Here's a graph of the staked LEO since the beginning of this experiment. The goal is to collect 5000 LEO by the end of this year, not sure yet if it's doable since the price is going up so fast. WIth only mining I will not get there. Well if I actually would start selling the LEOM, I could get the goal already now, but I will try to get the goal without selling them. 3500 LEO to go.
Let's keep going! LeoFinance has so much potential as a platform. Thanks for your attention.