How To Calculate APR For Your Hive-Engine Miners?
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!
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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