Just Bought 20 EDS Miners - Here's why
I shared a blog post last week explaining how I am Building My Own "Passive Income Empire" on Hive Blockchain and I just added one more token to my list!
I am talking about EDS Miners (or EDSM), the official miner of EDS token.
Why I bought EDS Miners
First of all, I am holding around 100 EDS tokens for months now. EDS tokens generate me a weekly passive income paid in Hive and this income is slowly but steadily growing.
I used to earn around 0.230 Hive/Week when the project fist launched but now I am earning more than 0.270 Hive/Week for simply holding those EDS in my Hive wallet!
Now, the reason that I bought these EDS Miners is that @eddie-earner is not selling those EDS tokens on Hive-Engine exchange for 1 Hive anymore. The only way to get your hands on some EDS right now is to either buy them on Hive-Engine (1.29999 Hive/EDS) or buy some EDS Miners and ... mine
I aleady bought my EDS stake at 1 Hive so I decided to go with the second option.
I bought 20 EDS Miners for 10 Hive each and staked them so I can earn those sweet mining rewards every 8 hours.
If I understand corectly, miners are sharing a fixed reward pool of 5000 EDS/year but rewards are paid out every 8 hours to those who bought and staked EDS Miners.
This means that those who buy their EDS Miners first will earn a nice chunk of EDS every 8 hours until all miners are sold since the reward pool is fixed to 5000 EDS/year. Or am I missing something out?
You can take a look at @eddie-earner's latest post for some real math
Happy Earnings
Thank you all for your support
As a full-time online hustler, supporting my content allows me to keep doing what I love. Much love to everyone and always have fun. @Knowhow92
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