RE: A comparison of my 'hourly return' blogging compared to curating
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I just looked at my stats. My curation is pretty sad. The majority of my rewards comes from posting and commenting. Curation generates a small, yet steady, stream of Hive. To be fair, this account is still relatively new. My larger account, however, comes out about even for authoring and curating.
Hourly, I'd probably make more money digging for change in the sofa.
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My curation returns are pretty bad too, but I do see them going up almost daily.
This account is still very small, so I’m still upvoting at 100%. I’m going to keep it that way at least until I got 150 hive power, but maybe I just keep it at a 100% until it stabilizes.
I think that with my current 135 hive power, there are still times where my 100% upvote is worth nothing due to other people’s votes.
At some point that should no longer be the case I hope.
My stats are based on around 36K active HP, I can't remember the exact weight where I started to notice 'decent earnings' - it was around 10K I think.
It does require a fair whack of investment!
That it does indeed.
I started this account as an experiment to show you can build an investment portfolio without putting in any money.
As a result I’m growing with 1 hive per day or so through blogging and then a bunch of hive-engine tokens as well.
My curation rewards are about 0.015 hive daily, so that is a big gap 😜
Correction 1 hive per day
Well it is possible to earn without investing,
But I think the big votes only come when you buy-in - I'm sure certain whales add you to their autovotes as a sort of reward for buying-in, maybe, I'm not sure!
Yes, and I would advise people who believe in the success of this blockchain to buy in. But I’ve decided to show at least for this year, that you can do it without a buy-in up front.
I can imagine some whales indeed choosing their auto upvotes based on the buy-in of an account.
All is registered, so it would be not too hard to filter for these things.
My curation stats are based on around 36K active HP and 16K LEO - so you do need a fair whack to get a decent return.
If you power up to around 300k HP you could earn a living wage curating, just about!
25k HP amounts to about $2 per day in curation rewards with some well-placed autos and some manual thrown into the mix. 12 times that is $24 per day or $720 per month. That's not a living wage in a first world country.
You could survive on it, that's what I meant, maybe 'living wage' wasn't the best choice of term.
On $720? Barely, at least if you're north of the 60th latitude.
I'm assuming you've paid the mortgage off!
It is marginal!
Might have to forage for the odd handful of berries in summer.
Well, about €1100 is considered the minimum for an adult living alone in most municipalities. It should cover all living expenses. That sum is made up of unemployment benefits (minimum, not the temporary means tested), housing benefit (maximum allowed or about €316) and income support around €200. The typical cheap studio apartment can be rented for about €400 given and take or so €100 in most regional capitals. The cost of food is highly variable as it depends on what you eat but for a single adult €200 should be enough.
If you've paid the mortgage off, then you'll still be left with maintenance costs that would not much less than the cheapest rents.
NB I did only say 'towards a living wage'! $600 isn't that far off.
Thanks. That gives a good target. I have about 12 years to retirement. At that point, I could do this full time. I’ll likely hit the target before then with a combination of sweat equity and regular power ups.
Best of luck, but 12 years is a long time, a lot can change!
You’re right about that. Hopefully with the rising Hive middle class, we can keep this blockchain stable and avoid another schism. There are a ton of unknowns regarding the longevity of blockchain projects like this. We are making history. Hopefully we avoid becoming a case study.