BNB Mining Year-End Report Summary - 2024

BNB has been around for nearly 11 months this year, with a total of 23 mining projects: 20 launchpools, 2 MegaDrops, and 1 Holder. At the beginning of the year, the total amount of BNB was 129.36, and the latest total amount of BNB is 166.46. After 23 rounds of mining, a total of 37.1 BNB was reinvested, with a currency-based return rate of: 37.1/129.36=28.7%.

Currently, the price of BNB is around 640 USD. My initial investment in BNB during this cycle was 28,600 USD, and the total value of the BNB I hold is: 106,534 USD, with a total profit of 77,934 USD and a return rate of 272.5%.

Previously, the mining yield of BNB was high because the price of BNB was below 300. Now, the mining yield for each round is difficult to exceed 1%. Even if the project parties of launchpool offer a mining reward pool worth 100 million USD, the mining yield will not exceed 1%, as the total value of staked BNB exceeds 10 billion USD. Due to the decrease in BNB's mining yield, future price growth for BNB will also be limited. Recently, at high points, I will gradually reduce my BNB holdings and look for long-term valuable tokens that offer better cost-performance ratios.

Still the same saying: "Hold BTC, ETH, BGB, BNB, and let time accompany us to slowly become rich."