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RE: Mine LEO Tokens Passively | Your Ultimate Guide to LEOMM and LEOM
Still waiting patiently to mine some LEO. Posting decent on topic content has turned out to be much more lucrative thus far. Better to go for the majority % that takes some Proof of Brain than the 15% from 'mining. '
Hey @financialadvice. Yes, I checked the block explorer and saw that you've got .67 LEOMM staked. The thing about having a small amount of LEOMM staked is that it will take much longer to get a payout because your odds of winning a mining round are far lower. It could take 1 week or even 1 month (hard to say for sure) to get a payout with .67 LEOMM as your mining power is currently 2.68 and the total mining power is far greater than that.
With that said, your payout will be equivalent to a full mining payout --> meaning that you'll make about ~1.1 LEO on your payout day. At current LEO prices, that would = 0.198 STEEM which is a 4.77% ROI on your original investment in a miner (.67 LEOMM = 4.02 STEEM). Couple that with the fact that miners hold their value very well and often times increase in price after they are sold out (see EMFOUR on Steem Engine). Hope this helps clear it up a bit, if you have any other questions, please let us know. :)
Wow thanks for the detailed explanation