Mining vs Curating
Is it worth it?
Mining as i understand is basically a lottery which you have a chance of winning every hour.
So if I have 1 miner out of 5000 i have 1 in 5000 chance of getting lucky.
You are solely replying on luck and the odds are stacked against you
Curating on the other hand requires you purchasing power and then staking it. With the power down of a lengthy period. Curating is an art and from personal experience it is more beneficial for me
So both have negatives, so one needs to decide which avenue to pursue
As part of the #spinvest project options are being discussed as to which road to go down
@spinvest is considering buying miners i personally would advice to give out votes to token holders to make the token more attractive. I understand the project is a long term investment and not a get rich quick scheme. But if the stake holders can generate some extra tokens through upvotes im sure noone will complain and may also bring a few more people in as they now have an extra income stream or should i say steem eh eh never mind my genius is wasted here
Anyway back to voting. Voting can be done as a lottery issue x amount of votes a day and dependent on the amount of SPI tokens you hold ie more tokens more chance you have of getting a vote. This should in theory encourage people to buy more tokens "in theory"
If anyone is unaware of the project and the token check it out @spinvest
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You Got a 100.0% Upvote From SteemBeem
hey man, great post. Curating would prob be the most profitable way to use the account SP but @spinvest does no manual voting at all. All upvotes done from this account are vote selling. The reason for this being, i already have an upvoting bot and they are alot of work to maintain and that's not the idea for SPI. The idea is to have as much SP leased out as possible meaning the account will never have a decent sized upvote to give out. It's sorta backwards, lol
Yeah fair enough. I just feel people are more responsive to summat now as opposed to later that's just human instinct, but yeah understand you point. Best thing to do is sell the other token for steem then so the pot gets bigger quicker and you have more to invest. Ps use mediaofficials tag they pay out after 3 days and is slick reckon could be a big one. Check it out
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I have a spare tag to fill so i'll give that 'mediaofficials' a go on my next post :)