There's been a lot of buzz lately (in my circles) about staking to mine rewards so this is an excellent time to discuss mining tokens, how they differ from, and are similar to, other tokens on HIVE engine, starting with the difference between mining tokens (verb) and mining tokens (noun), but before that...
First, remember, I'm not the guy to ask. I'm mostly hoping to either get lucky and get it right enough, or get it so wrong the universe sends a champion to smite my ignorance.
LET'S SPIN THE WHEEL!!
There are many tokens that can be mined by simply staking or holding that token, tokens that pool resources to scatter across numerous investments, and tokens that are for mining specific other tokens.
Here are some examples to get you started:
LEO - Staked LEO, will earn a daily payout of more LEO.
BRO - Holding BRO will get daily rewards in several other tokens, i.e. SIM, LEO, PAL, STEM, ARCHON, BEER, WEED, etc...
LEOM - LEOminer for the sake of simplicity, but isn't really true, is a lottery. Each token gets you a % chance to be one of 30 people/per hour to sign the next block and get rewarded for it... maybe it is a lotto... I don't know. I just know I get LEO everyday and the prices keep rising!
Between these three methods, one can get paid in a flurry of currencies daily. This leads me around to the title of this post.
Hive engine is a wild place. There are some very amazing projects on here doing some very awesome things and I think many will meet great success. However, some are garbage. But further... some are treasure that just looks like trash now because they don't glitter or sparkle the right way, yet. This is how to build the Everyman portfolio. Scatter pennies, nickels, dimes, dollars, whatever you can afford (to lose), into mining tokens that support the projects you find interesting. Discuss it within and beyond your community, and see what begins to sparkle.