According to my Wallet, I am receiving .001 SP per minute on 280 Steem Power
.001 SP/minute * 60 minutes/hour * 24 hours/day * 365 days/year = 525.6 Steem Power/year
Interest Earned / Starting balance = Interest Rate
Therefore,
525.6 / 280 = 1.877 ( multiply by 100 to turn into a percentage) and....
Interest Rate = 187% per year
I'm assuming I'm not calculating an important figure...
Or is this math correct?
I dont know about the math but its way better than a savings account
I liked your post maybe you'd like one of mine ...[https://steemit.com/@joelinux]
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I meant to use the word "return" instead of interest. However, the return will only be realized if it lasts. While a savings account has no risk, there's still a lot of risk holding Steem Power. (Still bullish though)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
When is the interest paid? I have some SP but it just says "1 week ago Receive interest of 0.000 SBD". It's never changed.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
If you refresh your wallet every 60 seconds, you will see your Steem Power number increasing.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
@monopoly-man glad to see you got the picture in the header thing working. I literally just saw your comment asking me about that.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
@scaredycatguide.. Thanks. However, I still don't know how to have a header image that is not in your post. Or, how to pick which image in your post becomes the header image.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Oh in that case neither do I. The first image in your post is your header. I've come to accept it, if there is a header only option that would be great. Nothing I tried worked.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I upvote U
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
@scaredycatguide It's been a year now... (been quite awhile since I last posted because I thought steemit ended up being a pump and dump)... However, I come back almost one year later (10 months) and this post ended up calculating my return to the dime!
I started with around 284 steem power, and now that steem power has grown to 545. That's just over 187% return on steem power in just 10 months.
Makes me wish I bought some more when steem was around 3 cents...
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit