[MoF] - October Report 5: Over Half Way Now

Day 1,801, 02:01 Published in United Kingdom United Kingdom by Bank of England



Report 1: Introductory Stats - http://tinyurl.com/cv4eldm
Report 2: 1000 Gold – What to do with it? - http://tinyurl.com/caae6t4
Report 3: Why no Update? - http://tinyurl.com/bpx2uju
Report 4: The start of the MM! Training Grounds? - http://tinyurl.com/cy5yd2j


Hello all,

Today we have another MoF report. Sadly unlike the other ministries I can’t really release a report every few days. There just isn’t enough change!

Today I go through pretty much everything. All of our expenses, the one thing the MoF team decided on (If you want to join the MoF team just simply send me a message, access is not restricted – There isn’t too much going on just one or two talking points), our daily income via taxes and the MM.

What did the MoF team decide last week?

As a team we came to the decision to sell 950 gold that was sitting in one of the reserves and to put it into the MM. The discussion was based around the risk of the price of gold rising. I felt that we could make enough money on the MM with that cash to offset the risk. It was less than 10 days ago, so we do not yet know how much we earn from selling the gold in the first few days but if gold stays under 500 for two weeks it would take something drastic for this to be a bad decision.

On the MM:

Well, what can I say? It really is called gold fishing for a reason! I have tried 42 different variations of cash amount so far. That means I have put 42 sets of different cash amounts to try and see if there is a magic number. About 7 days ago I was informed of a supposed magic number so I am currently experimenting with that, we will know in 3 days. It just doesn’t seem to make sense. In one run through two 50k sets were bought out completely; that is, I bought 150 gold for 50k, twice. Then the next time round when I put 10 offers of 50k up, neither of them bought more than 5 gold!

My current Theory:

It is time based in some way. So either the MM bot buys a certain amount of gold every hour so I need to try and make sure that my offers are spread out and not near other peoples or that certain times of the day pays out better. I am currently putting some offers up to look into this. Hopefully more results later!

Without further ado, here are some pictures to stimulate your mind.

Firstly, every cost we have had this term is listed below.



Secondly we have details on the country accounts. As you can see we are currently earning nearly £7k a day from taxes. On the donations, could we please not have another rogue donation? Yes it is safe and the money is not lost, however currently it is pretty tricky to get money in to the country accounts so we need to keep plenty of stock in there for things like MPPs or admin changes.



Lastly we have the total change from day one to now.

As you can see we have earned roughly £14k a day, which means using the MM is doubling our income. I am hoping that with a little more testing I can increase that much more.



As you guys hopefully know by now I was tasked by Talon to build us up to £3,000,000. As you can see, we are still roughly £800k away. It would take a lot of luck on the MM to manage it this term now and I knew it would be very hard and we would need to be lucky originally. Hopefully with more knowledge on how the MM works it can all be boosted and then that income can rise!

My long term goal as stated already is to hit the specifications I am working to (in this case the £3m reserve) and then to push towards upgrading training grounds for people. As you can see, the MoH are doing this for newer player’s level 1 to 2. I want to be able to spread this out on a 50% grant 50% loan basis for everyone to upgrade one. Now this would completely rely on the MM, so I am putting in the research and hoping that I can reach a 50% retention rate. A 50% retention rate would allow 150 gold a day profit (with 3,000,000 invested). I am hoping that whoever the next CP is would like me to continue the work I have done here, but if not, this will surely be something for the next MoF to look in to.

If anyone has any concerns with what I am doing, don’t like what I am doing, or think I should change how I am doing my job, please just send me a message and we can talk about it!

Thank you all,

Carlini