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RE: Introducing a Simple Tutorial for Earning a Significant Income on Steemit! The Steemit Minnows Guide to Becoming a Dolphin!
Great guide, thank you very much for it. One question I have if I may: you mentioned that the information from the bot tracker, that a bot is profitable is not correction. Can you tell me why and which mistake they do in their calculation? Thank you.
What a great question @rondras!
The Bot tracker assumes that paying 0.75 SBD for a 1$ post upvote is 0 profit.
a 1$ post value turns into around 0.375 SBD and 0.057 Steem.
Thats nowhere close to 1SBD in value. So. Even when the tool reads "profitable" you are still losing almost half of the SBD you put in.
I see, that makes sense. I guess one should not ask why they do this calculation like this. The problem is that they calculate everything in dollar, which makes it pretty difficult to calculate what they are doing. I have calculate it for smart Meter, they give you 2.5 times your SBD Investment, which then turns out to be only slightly profitable.