Hello SPIers, today we look at "what if SPI miners?"
Oh yes, its come to this where we need to talk about SPI miners as a way to distribute the liquid tokens we are holding. We've been trying to sell them for months but not much interest.
Why miners?
I learned a few years back with EDS that people do not want to buy tokens directly, they would rather prepay for them and get them over decades instead.
The proof in the pudding is that it took EDS took 9 months to sell 20k HIVE worth of tokens while it sold 75k HIVE worth of miners in around a year with demand for more.
This is the reason DAB from 
Why do people seem to prefer to invest this way?
passive income? 🤣
So, SPI Miners?
These would be easy to create but a little expensive at around 2200 BEE tokens (100 for token, 1000 to enable staking and 1000 to enable mining), about 1000 HIVE at today's prices.
We have 1000 SPI tokens we could allocate to this currently worth a ballpark 6000 HIVE. We would need to offer some sort of discount so to keep it easy, we will say miners cost 5/6ths of SPI aiming to raise 5000 HIVE from selling miners.
1-3 HIVE is the best price to sell, people dont like higher prices. We'll say we create 5000 and sell them for 1 HIVE each with rewards lasting for 1 year. In that year, 5 SPI miners costing 5 HIVE would yield 1 SPI token worth 6 HIVE.
I already know it's a dead idea because the cost to set up a miner is pretty much half the HIVE we'd take in but I'd already started to write the post and we're too deep in to start a new post.
So no SPI Miners?
Nah, it's a stupid idea with so few SPI tokens. If we had 4000-5000, maybe.
Getting Rich Slowly from June 2019
| Token Name | Main Account | Link to hive-engine |
|---|---|---|
| SPI token |  @spinvest | SPI |
| LBI token |  @lbi-token | LBI |
| Top XV token | @spinvest | XV |
| Eddie Earners |  @eddie-earner | EDS |
| EDS miners | @eddie-earner | EDSM |
| EDS mini miners | @eddie-earner | EDSMM |
| DAB | @dailydab | DAB |
| DBOND | @dailydab | DBOND |