How To Calculate APR For Your Hive-Engine Miners?

in LeoFinance12 days ago (edited)

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It's time to get back to school... We still don't have a school on our planet, but that will be one of the most important buildings on the planet... We want to have educated citizens, people who know how to care about themselves and how to protect their wealth in turbulent times... Ironically, we are living in that kind of time at the moment, so it's important to understand how things work that you can earn more by using them...

Today, we will talk about Hive-Engine miners and how you can calculate your ARP with them... Every miner on the Hive-Engine has a different configuration and setup, but for all of them is the same principle how they work... We have mentioned that they work as a lottery, and when you play the lottery, it's all about probability... If you have more tickets, you will more chance to win... It's similar here with miners, but luckily, it's not only 1 person who wins... :)

Check out the video for more detail on how can you calculate APR for your miners!


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Links mentioned in the video:

Link to the document (You can check formulas and use them in your sheet!):
https://docs.google.com/spreadsheets/d/1iye-MJa-0xyF25v8um6LG-RVMjOXH66BzLffN4_LQZY/edit#gid=0

LeoDex rich list link (You can change the address for your favorite miner):
https://leodex.io/richlist/WORKERBEE

HE Explorer:
https://he.dtools.dev/

ScotBot details for mined tokens (change the address to the tokens that you mine!):
https://scot-api.hive-engine.com/config?token=BEE

LeoDex Token details page (change to your miner to get a number of staked tokens):
https://leodex.io/token/WORKERBEE


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Liotes

A project run by @ph1102 and @achim03

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I appreciate that you guy not only want to provide a good investment opportunity, but also educate us on how to recongnize those types of opportunities for ourselves.
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Thanks! We find it important to have educated investors... Maybe tomorrow some of the guys who have learned from this today will show us some great investment opportunity...

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Ugh... I need to study this :) 😎 thanks for these useful links ... !BEER

Back to school! Those links are part of my bookmarks... Very useful things when you want to research some token... ;)

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Pretty good
thanks


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Thanks for the support and the comment! Appreciated!

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Thanks for this post, I will save it to read it later in detail.

You are welcome! Thanks for your time!
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@burnoutawesome! I sent you a slice of $PIZZA on behalf of @ph1102.

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Thanks for the details. I was wondering how you were calculating stuff for the worker bee pool.

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You are welcome! Now you know the "secret" :)

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@jfang003! I sent you a slice of $PIZZA on behalf of @ph1102.

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@liotes, you were given LUV from @horstman5. Info: https://peakd.com/@luvshares or check wallet: https://hive-engine.com


Hey @liotes, here is a little bit of BEER from @seckorama for you. Enjoy it!

Learn how to earn FREE BEER each day by staking your BEER.

@liotes, you were given LUV from @moonthumb. Info: https://peakd.com/@luvshares or check wallet: https://hive-engine.com