Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE BLURT!
Sort Order:  

The Technicals brought this up in a recent video. I really went through a lot from the mining front and had determined you have to be at $0.04 kwh to make it through the bear markets.

My one super ELITE strategy is to be as efficient as you can mining but then take the earnings and try to earn yield of of it somehow but the safe way is to pump all earnings into what will give the best multiple out of something you can lever against. So DOGE and then borrow USDC against that on the Binance Smart Chain. Do the trades to get to the HIVE Backed Dollar and then earn the 15% at this point. So it is really give you beyond 10% additional profitability from what just the mining could do.

You have an interesting harvesting strategy of pumping content and doing the faucets and having all these ways to earn.

I never stayed on it enough but these NFT guys have done various incentives overtime to get free NFTs and various other strategies. Some of the guys who solved riddles got NFTs which ended up being worth Millions which was freaking insane.

  ·  3 months ago  ·   (edited)

Yeah… I earn about $ 400 a month on HBD savings that I roll into Bitcoin and Blurt on the Dips. Eventually I will be able to buy all the Blurt on Hive-Engine and Probit.

That is pretty good flow on the monthly and then being able to waterfall it into Blurt and Bitcoin is really solid.

  ·  3 months ago  ·   (edited)

It used to be a lot more but they dropped the APR on HBD from 20% down to 15?% …. If it keeps dropping I’ll have to convert my HBD back to Hive… I earn about 12 % with Hive Power Curation + Hive Power APR … simply upvoting other bloggers …. But you can’t beat the 34% you get with @jsup and @upvu delegation on Blurt and Steemit

Personally I feel like they should have kept it at 20% with the HBD and focused on stuff that was going to grow the ecosystem but they don't actually want to really grow it. Seems like STEEM somewhat has that floor level of $0.15 or so but it might punch through that floor. It's hard saying but to erase the 34% from this point if a lot was bought at these prices would be under $0.10 at this point.
The low liquidity worries me with Blurt and always has.
I have done a lot of hard thinking on these systems and I think the DAO / Proposal system is super important and there has to be the inflation to pay for the development and continuation but most of the apps / system on a blockchain level have outside revenue sources. Some have toyed with Ad engines but the point where that would have really worked well was when STEEM was on top and was generating a ton of traffic from Google and other search engines but Steemit INC didn't act soon enough.
It's certainly a mind bender when I think of these funding models and other yield generation farming tokens like BSW (BiSwap) and CAKE (Pancake Swap) and OSMO (OSMOSIS) got a little bit of bump this first part of the bull run but didn't go up much and people continually chased after memes and there have been so many of those this cycle which in some respects worries me because there was no real new "mouse trap" yield generating thing this cycle and most of the time the end of the cycle is a huge proliferation of new tokens that are replications of each other. The 2013 / 2014 cycle were tons of Litecoin clones. 2017/2018 were a huge amount of money grab ICO tokens. 2021/2022 were tons of farming tokens. This cycle so far hasn't really been anything NEW NEW.... mainly a bunch more memes so far.