Hi there
There's really no yes or no answer to this. It really depends on your audience, how much content they consume, and also how often you think you can write without repeating or creating duplicate content.
If you feel you can write a quality blog post everyday that will help your users in an entertaining and informative way without burning yourself (but mostly them) out, then I say go for it.
To me, it doesn't sound very necessary unless you have a huge site with a huge audience that spans multiple facets of your industry, but I don't know, only you know that.
I would focus more heavily on writing unique content that has a clear goal in mind for the user. I would distribute that content more meaningful ways that actually reaches your target audience and they can see it when they need to.
If you can nail the steps above down, then creating THAT much content isn't necessary, because the pieces you ARE creating are thought out and have a clear agenda and are easily measurable.
Hope this helps! Good luck!