Why Invest in LEOMM? | An Analysis Report

An Analysis Report on my investment in LEOMM

It has been 4 days since I started mining LEO with LEOMM. Since people have been asking me about the ROI of LEOMM, I decided to write a short report on this with data and charts, so that we can all get a better picture of the kind of results we can expect from investing in LEOMM.

I chose the LEOM (Leo Miner) instead of LEOMM (Leo Mega Miner) for mining of LEO because LEOMM mines 4X as fast as LEOM. LEOMM is at a cheaper price of 6 Steem/LEOMM whereas LEOM is 2 Steem/LEOM.

Since the LEO platform has started paying out our posts and curation, I am only able to track the record of 4 days of LEOMM mining.

Data Result - Investment in LEOMM

Volume of LEOMM	Day	LEO Mined
50 LEOMM	1	17.593
50 LEOMM	2	15.913
50 LEOMM	3	6.79
50 LEOMM	4	10.946
Total:		50.022

For 50 LEOMM, in a total of 4 days, I managed to mine 50 LEO. That's a pretty good return considering all this is passive income.

Chart - Investment in LEOMM

• You can see that the beginning was quite good on the first day.
• It then went down on a decline in the next two days.
• The biggest dip is on Day 3.
• Then on Day 4, the mining goes back up a bit

The mining fluctuates. There are a lot of factors that go into the fluctuation. In the way that the Steem Engine works, the mining takes place every hour. There are 30 winning miner tickets per hour meaning that only 30 LEOMM holders win each hour.

Here is a short description from the SteemLeo.com Team regarding how the actual mining is done at Steem Engine:

There are 30 winning miner “tickets” per hour, every hour of every day —> 30 potential winners each hour
1 mining power = 1 chance at winning a slot (i.e. if you have 1 LEOMM, then you have 4 potential chances to win 1 of these slots)
1 miner can win more than once (this is why having more LEOMM or LEOM will result in bigger payouts — you will win more often and you may even win more than 1x per hour)
The mining pool is 15% of the total inflation which means that there are 300,000 LEO tokens being distributed this year from the mining pool.
Source

From here, we can see that the Steem Engine selects 30 random winning tickets that are based on the mining power. The system then automatically distributes these tokens to the winning miners.

Analysis of my experience in LEOMM

The question that is in our minds is how much LEOMM we should invest to get a good ROI. Is it worth buying LEOMM when the chance of getting a winning ticket is so random?

From my results, I put in 50 LEOMM.

Is LEOMM costly?

• It costs 300 STEEM to buy 50 LEOMM.
• In 4 days, I got 50.022 in return.

• The pink line gives the average of the 4 days
• The Average per day comes to 12.5055 LEO

With 50 LEOMM, one can expect about 12 LEO in return.

Converting this result to STEEM

How much is 12 LEO?

The price for buying LEO is .1855 Steem/LEO

So if I convert the 12 LEO, it comes to about 2.2506 Steem.

So investing 300 STEEM to buy 50 LEOMM, I get a return of 2 STEEM / Day!

In my mind, this is an excellent ROI.

Conclusion

From my experience of these 4 days mining with LEOMM, I believe this is a worthy investment. It is best to calculate this week by week. Unfortunately at present, Steem Engine does not have this feature that separates post rewards + curation from coin mining.

There is a limited supply of 70,000 LEOMM.

So far, from @gerber data, he has the following chart of the number of people investing in LEOMM.

Source

I am one of them and am happy to stay here for the LEOMM investment.

What about you?

Tell me about your experience in the comment section.

Thank you,
Rosa
@rosatravels
@rosacoins

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