I am a proud owner of land in the Splinterlands game. I have not added any plots in a while but when I did add some I would just buy the cheapest plot on the market. Sometimes I would buy in a region I already owned other times, not.
I now own 115 plots in 10 different regions and have slowly been adding cards and staking Dark Energy Crystals (DEC). I have learned a lot from this due to having different land plot types and rarities, production is different between each and every region.
Decision Made
I thought I would be smart and buy another Splinterlands Validator License to help increase my staked SPS. I calculated the APR to be between 20% and 25%. So I thought that would be a very good return, I just needed to figure out how I would fund it.
I noticed that I was not getting that high of an APR from harvesting resources from my land plots and staked DEC so I unstaked about 40% of the DEC from each region to fund the new Validator License. At the time, all of my regions were still producing at a profit.
Things Change
Well now things have changed with the rates of each resource to DEC and between each other. This change has made some of my regions now operate at a loss even though I have been adding back staked DEC on a daily basis.
Worst Region
I thought I was still doing ok until I looked at the Peakmonster website showing land by region and saw this.
My Region Efficiency is a negative 434,417.20 PP/DEC. I was surprised because two weeks ago all regions were in a profit.
By hovering my cursor over the various resources displayed on Peakmonsters, I am able to see all of the below detailed information.
**Grain Efficiency **
I have two grain plots in this region. This is one of them.
I am projected to produce 85.07 Grain for both grain plots in the region with a current balance of 65,488.91 Due to the low rate of production, I will be out of grain in this region in less than 30 days. I can purchase extra from the market or transfer from my other regions.
My Grain Efficiency: Income is 38.60 Grain/Hr with a Value of 0.392 DEC/Hr. The associated cost for this region is 0.267 DEC/Hr producing a net profit of 0.125 DEC/Hr
**Wood Efficiency **
I have 17 wood plots in this region. This is one of them.
I am projected to produce 144.98 Wood from both wood plots in the region. I sell everything produced and stake the DEC to improve efficiency. In this region I am projected to produce around 47k in the next 30 days.
My Wood Efficiency: Income is 65.78 Wood/Hr with a Value of 1.770 DEC/Hr. The associated cost for this region is 1.966 DEC/Hr producing a net loss of 0.196 DEC/Hr. At least the loss is small for the 17 Wood plots, I should be able to overcome this in the near term.
**Stone Efficiency **
I have 3 Stone plots in this region. This is one of them.
I am projected to produce 7.21 Wood from both wood plots in the region. I sell everything produced and stake the DEC to improve efficiency. In this region I am projected to produce around 2.3k in the next 30 days.
My Stone Efficiency: Income is 3.27 Stone/Hr with a Value of 0.260 DEC/Hr. The associated cost for this region is 0.224 DEC/Hr producing a net profit of 0.035 DEC/Hr. At least the small profit will help offset the loss from wood and iron.
**Iron Efficiency **
I have one iron ore plot in this region. This is it.
I am projected to produce 0.58 Iron from this iron plot in the region. I sell everything produced and stake the DEC to improve efficiency. In this region I am projected to produce around 190 in the next 30 days.
My Iron Efficiency: Income is 0.26 Iron/Hr with a Value of 0.070 DEC/Hr. The associated cost for this region is 0.078 DEC/Hr producing a net loss of 0.008 DEC/Hr. At least the loss is small for this Iron plot.
**Region Efficiency **
The Peakmonster site rolls all of the above information up so that you can see it at a summary level.
I am projected to produce 2.491 Value of DEC from this iron region per Hour. I am projected to produce around 1,793.397 DEC in the next 30 days. By selling everything produced and staking the DEC to improve I will be able to improve production.
Resource Cost Projections: Cost is 2.535 DEC/Hr totaling 1,825.164 over 30 days.
Summary
This region will have a loss of -31.767 DEC over the next 30 days however since I am selling and staking the DEC received from all resources, this loss should go away slowly over that time period.
The good news is that by taking the DEC and purchasing the SPS Validator License, the License is producing SPS which when converted to DEC is a greater amount than my production decreased by unstaking the DEC.
I take this as great news since I am adding back staked DEC daily, I am only increasing my overall DEC from both Land and Licenses.
If you have not started playing this exciting Play2Earn game, you should start. Here is my link to sign up: https://splinterlands.com?ref=darmstrong
