LEOM and LEOMM - top earners for past 7 days by just mining LEO. What's the APR?
Good evening guys , I am here again with one more data post for the week . Today we shall see the top earners in LEO just through mining .
What is LEO mining anyway?
Well it's very very different from traditional crypto mining that we know .
Some QA about Leo miners
Every hour 30 miners are picked and each one will get 1.06 LEO ( yes its like a lottery) .
- Note that only with respect to LEO it is 30 miners , some other tokens like STEM and CTP picks 20 Miners per hour . Usually it is 20 unless the owners have changed it . Even the token reward too changes so it is dependent on the token .
Can the same user be picked twice in the same hour?
- Yes
Do you need to hold or stake?
- Mining only works for staked miners . If you just hold them and not stake them , you aren't mining.
What's the purpose of this anyway if it doesn't do any computational solving?
- It is for two purpose ( according to me )
- It is another way of raising money ( Hive ) for the owners
- Another way of distribution of tokens ( not just authoring and curating but also mining)
- It is for two purpose ( according to me )
What's the difference between LEOM and LEOMM ?
- LEOM stands for Leo Miner and LEOMM stands for Leo Mega Miner . LEOMM has 4x larger chance of getting picked than LEOM .
Let me know in comments if you have any queries I will answer you if I can.
Data
How many wallets are staking LEOM ?
- 261
How many wallets are staking LEOMM ?
- 234
How many users hold both LEOM and LEOMM ?
- 98
How many users hold either LEOM or LEOMM ?
- 397
Below data is from 26th Feb to 4th March ( 7 days )
Top 25 earners
| Rank | Username | Amount of LEO earned | LEOM staked | LEOMM staked |
|---|---|---|---|---|
| 1 | @rollandthomas | 562.064 | 20764.985 | 250.0 |
| 2 | @jphamer1 | 547.488 | 20474.405 | 0.0 |
| 3 | @flipstar | 371.704 | 35.0 | 3708.128 |
| 4 | @moof | 364.992 | 1051.0 | 3207.0 |
| 5 | @chairmanlee | 360.84 | 12869.0 | 0.0 |
| 6 | @brofund | 350.24 | 13110.295 | 41.259 |
| 7 | @megavest | 343.704 | 13072.694 | 0.0 |
| 8 | @empoderat | 268.532 | 10000.0 | 0.0 |
| 9 | @seraphim502 | 232.316 | 0.0 | 2125.0 |
| 10 | @steemstreems | 216.592 | 37.666 | 2192.029 |
| 11 | @tonimontana.leo | 200.516 | 7550.0 | 0.0 |
| 12 | @llibertat | 115.716 | 4000.0 | 0.0 |
| 13 | @azircon | 106.0 | 4000.0 | 0.0 |
| 14 | @onealfa.leo | 94.428 | 3179.58 | 167.172 |
| 15 | @atma.love | 88.068 | 3455.865 | 0.0 |
| 16 | @queengaga | 74.288 | 2927.0 | 0.0 |
| 17 | @oakshieldholding | 73.228 | 3105.75 | 0.0 |
| 18 | @leeyh2 | 44.52 | 0.0 | 414.0 |
| 19 | @nealmcspadden | 43.46 | 1500.0 | 0.0 |
| 20 | @jjb777 | 42.488 | 1708.275 | 0.0 |
| 21 | @tandara | 33.92 | 1600.0 | 0.0 |
| 22 | @kolbjorn | 31.8 | 1470.0 | 0.0 |
| 23 | @diverse | 26.5 | 0.0 | 258.089 |
| 24 | @nuthman | 25.528 | 900.701 | 8.843 |
| 25 | @trumpikas | 25.44 | 1040.0 | 0.0 |
Calculating APR
Since this is not fixed returns and basically it works like a lottery , let's take 3 users from the top 25 and calculate APR .
Let's take the 1st position user - @rollandthomas (Holds both LEOM and LEOMM )
Number of LEOM = 20764.985 * 11.9 ( recent hive price of LEOM) = 247103.3 Hive
Number of LEOMM = 250 * 112 ( recent hive price of LEOMM ) = 28000 Hive
Total Hive = 247103.3 + 28000= 275103.3 Hive .
Total earnings from LEOM and LEOMM in 1 week = 562.02 * 2.21 ( recent hive price of LEO ) = 1242.06 Hive
APR = (1242.06 * 52 / 275103.3) * 100 = 23 % APR
Ex 2 - @nealmcspadden ( Holds only LEOM )
Number of LEOM = 1500 * 11.9 = 17850 Hive
Total earnings from LEOM in 1 week = 43.46 * 2.21 = 96.04 Hive
APR = (96.04 * 52 / 17850) * 100 = 27.97 % APR
Ex 3 - @diverse ( Holds only LEOMM )
- Number of LEOMM = 258.08 * 112 = 28904.96 Hive
- Total earnings from LEOMM in 1 week = 26.5 * 2.21 = 58.565 Hive
- APR = (58.565 * 52 / 28904.96 ) *100 = 10.53%
Note
- All the APR is calculated based on current price of Miners . Many would have bought the miners are 2 or 3 Hive so there APR is insane in that case.
- These are based on pure luck , so this week earnings may not be same as previous or future earnings . I will try to post again next week once if you want to see it to compare .
- The APR also depends on other factors like Hive price / price of token in Hive etc .
If you found any mistake in the calculation of APR , please let me know I will correct them.
Do you hold LEOM or LEOMM ? If you want your data for the above period let me know in the comments I will get it for you
Regards,
MR.
Posted Using LeoFinance Beta
https://twitter.com/NaveshSapad/status/1367915083158843394
LEOM...
One of the best investments since... ever
Lol very true . Would you like to see your data ?
Posted Using LeoFinance Beta
Would be very interesting :)
Sorry for the delay . I put that code into another laptop and that laptop is with my brother lol. I will get it to you as soon as possible.
Not in a rush buddy.
Do it when u want. It's Sunday, relax and spend time with your loved ones.
I just pulled latest data for you :)
From 26th Feb to 7th March ( now ) - you have earned 333.192 LEO just by mining .
Posted Using LeoFinance Beta
This is so true. A little upset on myself on not getting more at the start. Still buying some every week!
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I really wish I had been forward thinking enough to pick up some miners back in the day. I will probably be kicking myself forever over that one.
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Same here that's why I buy any miner that comes out now . Around 10 Hive worth miners.
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I don't have the liquid Hive to buy every miner that comes out! When I do I can only snag a handful!
This made me laugh, as I bought 1 LEOM days ago, mainly to find out how much LEO it would make me. After reading this extremely insightful post, it's clear that it's not worth it ( and that I'm late to the party ) and I understand why I didn't receive any mined LEO as of yet.
This was very helpful, cheers.
I will keep focusing on making LEO by other means. Luckily there's plenty of options.
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I replied to you actually but it disappeared lol.
What I was telling was. You just need to hit it once a month to make your money back in 6 months. You have invested 12 Hive for 1 LEOM . If you got it once a month then at current price it is 2.2 Hive so in 6 months you will have your investment back .
But given the number of LEOM and LEOMM staked you have to be extremely lucky to hit it tough. My guess is you will hit it once in 3 months or so. It's all about probability and luck.
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Oh, that's really nice info to have. Also a bit surprised I am in this top25 :D it was a great decision back when I bought these, the best lottery I have ever played.
Well next week you might not be in top25 or you can even be in top 10 , it's all about luck and it seems like your luck is good currently ;)
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Over the monthly period I have noticed it's pretty stable results for me and it averages out to pretty much the same, but might be higher for others yes.
Oh definitely I hold some STEMM and I have seen that although daily / weekly there can be a great amount of variance over a month the probability is the same .
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Poor flipstar - he has become a decent LEO sink though.
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Lol you mean he doesn't sell any of his Leo?
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he lost his keys afaik
Oh no , seriously? That means that account is same as @null lol. So much Leo lost:(
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Yeah, it is a pity.
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Really? You are sure? That would be a nightmare.
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pretty sure. I heard it way back and checking, nothing on the account since end of 2019.
Yeah true - I will try to reach out to him, he is a fellow German.
Buying LEOM and LEOMM each month, won’t regret this in a couple of years.
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Absolutely :) Any long term believer of LEO won't mind buying LEOM or LEOMM now .
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Interesting, I had no idea about any of this. How do you buy a miner?
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https://hive-engine.com/?p=market&t=LEOM for LEOM
https://hive-engine.com/?p=market&t=LEOMM for LEOMM
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Very interesting, I bought some LeoMM way back when and saw two times 1 Leo being mined, was wondering how it actually went. Would you be so kind to look at my data?
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I currently have data from 26th to March 4th , is that okay for you or do you need the complete data for your account from beginning?
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I would be interested in seeing my data.
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Unfortunately melinda you haven't got any LEO rewards from mining from 26th to 4th March , however I checked and you had 5 LEOM .
The previous date that you got LEO from mining was 23rd of February . Previous to that was 1st January.
It seems like you are hitting it once a month .
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Thanks for checking. I was thinking of selling those miners since they appeared pretty useless to me.
Well I wouldn't do that if I were you .
I believe LEO will reach 5$ , so if you get 1 LEO per month by mining you are still in profits by literally doing nothing but holding it .
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Thanks! Until you told me I had no idea I was benefiting from those miners at all. I will hold onto them.
One of the problem on second layer right now is getting the data . That is why I keep on doing these reports .
We all know we are getting LEO from somewhere daily but from where? How much of it is author reward ? how much is curation reward ? How much is mining reward ? etc isn't easily available to access.
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Thanks for making the effort! It is appreciated.
Wow nobody had tipped my Ecency points till now :) Thank you for this .
What can the points be used for other than promoting posts?
Promoting posts, which pins your post into the Ecency feed.
Boosting, which gets you the chance of an Ecency vote on your post. All Ecency posts are manually curated to receive boosts, and if yours doesn't receive a boost vote from a curator, your points will be returned to you
You may also gift your POINTS, use them for TIPPING, or use them to boost any other friend's post.
.
Oh okay . I will just use it to tip others lol .
I had heard about Ecency implementing the tipping before but never really tried it , is there any minimum ?
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No minimum. I give out 10 POINT tips to people posting in Feathered Friends and SHADOW Hunters. @Ecency gives registered communities 20 POINTS everytime someone uses Ecency to post into the community so that keeps our POINTS balance replenished.
Also, if Leom is currently trading at 3.39, is leomm not way overpriced at 31.86?
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For sure . Whatever LEOM is trading at , LEOMM must be trading at 4x that . Anything above that is overpriced .
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Or Leom is underpriced ;)
Well it depends on how much APR you are aiming for . Right now , on an average it gives you 25% APR , if that is good enough for you then LEOM right is neither underpriced nor overrpriced but if you think 25% APR is too good then it is underpriced .
!WINE
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Congratulations, @amr008 You Successfully Shared 0.200 WINE With @toocurious.
You Earned 0.200 WINE As Curation Reward.
You Utilized 2/2 Successful Calls.
Total Purchase : 23782.000 WINE & Last Price : 0.290 HIVE
HURRY UP & GET YOUR SPOT IN WINE INITIAL TOKEN OFFERING -ITO-
WINE Current Market Price : 0.270 HIVE
This was a totally new concept for me. I was not aware that miners can earn so much. Great to see such insightful posts
Well the breakeven is same if you have 1 or if you have 100 unless you bought them very early at 2-3 Hive price.
!ENGAGE 20
ENGAGEtokens.where do you buy LEOM? in leodex? sound good, if i can have fund to invest would love to do it. : )
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Yes you can buy them on Leodex too .
Here is the link - https://leodex.io/market/LEOM
Very interesting.
I hold 50 LEOM only. Could you please let me know how much my APR was? Thanks a lot!
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Hey here is your data -
Hello @stayoutoftherz.
You hold 50.0 LEOM and 0.0 LEOMM .
From 26th Feb to 4th March you have earned 1.06 from mining rewards alone.
Your APR is 20.47 .
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thanks!
I have staked few miners. I never took much time to check how much APR they are generating. It was a very small stake. I have a good time with curation over here.
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Well I just searched your history and I think you hold too less miners ( well I hold none so you are doing better than me lol )
The last time you got a mining reward for LEO was in October of 2020 .
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Thank you for looking up. At least I'm getting some rewards 😄
Do you know if there is a pool for us LEOM and LEOMM holders who only have 1 or 5? I have gotten a couple of rewards, but not anywhere near 20%.
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Unfortunately there isn't a pool because the delegation isn't enabled on these miners.
As far as I know there is only one miner for which delegation is enabled which is WORKERBEE .
I wish all these other tokens had it enabled , would have been more fun.
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Ya, I am in a workerbee pool, it would be great to get a bit more bang for my buck on LEOM. Thanks for your reply, I appreciate it.
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These miners are the best option there is for a passive income. Every week I try to grow my stake on them, even if the price went to the roof!
Thanks for the analysis.
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For sure . If you are long term investor and a believer of LEO then it is one of the best investment we can make.
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I've gotta get my hands on some of these miners!
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Well the numbers say that we need to keep buying it now :)
I personally amn't able to find much liquid hive to buy them otherwise I would have bought them off.
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Roll is killing it with the miners, lol pays to be in his curation lane LOl! If you can’t out mine them be their friend
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Lol yeah , one of the benefits he has is he holds both the miners - LEOM and LEOMM , that boosts his mining power ( or simply put - probability )
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