I'm wondering why I'm getting shorted on my HIVE payments for the last few months? According to the calculations above I should be getting .006 HIVE per EDS every week but I've plateaued for a while now. I have 557 EDS * .006 = 3.342 HIVE and yet I once again only received 2.74...which has been fairly standard for the last few months.
Like I said, it used to go up slowly as my miners keep adding EDS but that hasn't happened for a while. Please get back to me. Thank you!
Ok, 0.06 HIVE per EDS is not right. The HIVE income pool this week is 253.78. We divide that by the 49,495 EDS in circulation and we get 0.0051 HIVE. You have 557 EDS so your payment should have been 2.85 HIVE, not 3.342.
0.0051 weekly for 1 EDS is 0.267 HIVE per year equal to a 26.7% APY. I dont see how your being shorted.
You are not aware but the @spi-payment pays out 98-99% of its balance when issuing HIVE payments, this is to ensure we dont overspend. This 1-2% compounded for almost 3 years and around 2 months back, i moved the buildup of HIVE to the accounts savings wallet. This will have factored into you getting a little less each week but this was extra.
Thanks for the explanation. I guess my biggest question is why my earnings are no longer going up, even though I continue to add EDS every week? Like I said, for the last 3 years I've just let my miners mine and add to my EDS total. Throughout that time my HIVE payment every week has grown from literally 0 up to a high of 3.05 in October. Since that time it's gone back down to 2.68 and was 2.74 this last time. In that same time I've added around 60 EDS. So I'm just trying to figure out why my total EDS has grown by over 10% while my payout in HIVE has dropped by 10%. It's not making sense to me. Can you enlighten me please?
I'd guess that EDS tokens are being minted faster than your minting
your EDS tokens if that makes sense. EDS mintage each week from both EDS miners is 300, which was for a very long time. We added @eds-vote 6-7 months ago and it mints around 100 EDS per week and now we've have EDSD minting another 40 EDS per week. So we could say that the weekly EDS mintage has increased by 45-50% over the past 6-7 months.
This does dilute HIVE income payments per EDS token but this should not be a surprise because the EDS APY has been dropping for over a year now and I highlight it every week.
My guess would be since @eds-vote came along, more EDS have been minted and the ones that you are minting have less of an impact and is resulting in less share of the total income pool.