I would like to discuss with you the mining income potential of #BNB in the next year. We can make some predictions based on current market conditions. Assume that the price of BNB is $600 and the total number of newly issued coins is 1 billion, of which 50 million are used for mining. Assuming that the amount of BNB mined is 40 million, and the total number of BNB participating in mining is 18 million, and the listing price of these new coins is US$3, then according to these conditions, the monthly mining yield is approximately 1.1% . If two new coins are added every month, the annualized rate of return is 26.7%; if three new coins are added every month, the annualized rate of return is 39.6%.
It is worth mentioning that even if the income is converted into BNB and invested in mining again after mining, the impact on the total income will not be large, and it may only increase by one or two percentage points. However, as the price of BNB rises, the mining yield may gradually decrease, but your total assets will increase as the price of BNB rises, and the rate of this increase may exceed the pure mining yield. In addition, BNB also provides a regular 90-day annualized return of 2.2%, which makes BNB a pretty good investment choice.
Based on the mining rhythm in March, I expect that there may be three new coins available for mining in March, and there may even be a fourth new coin at the end of the month. If a fourth new coin does appear, I expect the price of BNB to also break through the $690 level, as the market will expect at least three new coins to be mined in April.
If BNB can launch four new coins for mining every month, then based on the previous calculation method, the annualized return will reach 53%. I think it is possible to exceed the price of $1,000. However, Binance needs to consider the market's affordability and users' opinions of Binance. It should not make people feel that Binance is cutting leeks, but should form a positive image that Binance is giving everyone money.
Finally, the price increase of BNB not only depends on Binance’s continuous launch of new coins for mining, but also requires the emergence of new highlights in the BSC ecosystem, so that everyone can not only make money by buying BNB, but also achieve it through other currencies on BSC profit. #BNB #BTC #ETH #SOL