Best revenue of SP delegation, Minnowbooster or Smartsteem?
![](https://steemitimages.com/DQmZ9qifdiDx5YHviNDQ5hAybSyTAw3heFiPN3F6JeNNY5t/image.png)
SP delegation is a well-known way to earn some of the best profit out of your SP. This method is especially suitable for those who are lazy to be active in the socializing, lazy to vote for curation reward, lazy to write posts for author reward, and so on. Delegating all the SP away not only can skip all those 'troubles' but also make a nice profit out from the delegation.
@minnowbooster and @smartsteem are two biggest reliable platforms for SP delegation as far as I experienced, though they implementing different mechanism. The former using leasing contract method with a fixed delegation days while the latter allows the delegation lasts as long as the user wishes.
Math time to compare revenue
There is a Calculate Revenue button at the site which is very handy in calculating profit for SP delegation. Type in any amount of SP and it will tell you the estimated revenue in 3 forms: Daily, Weekly, and Monthly Profit.
While minnowbooster site clearly shows the specification of each Lease Request in a table view. Leasers can easily choose to fill whatever offer they like.
For easier comparison, we only compare the revenue generated on monthly basis. Current exchange rate for SBD/STEEM will be used for rate conversion, 1 SBD = 1.053 STEEM
.
Comparison 1
This is 4 weeks lease request on Minnowbooster where the user request for 102 SP while leaser can receive an effective payment of 2.52 STEEM.
Input 102 in the 'Steempower' column on the Startsteem revenue calculator, we can tell that the monthly revenue is 3.246 SBD. 3.246*1.053 = 3.418 STEEM
.
3.418 STEEM from Smartsteem and 2.52 STEEM from Minnowbooster.
Round 1, Smartsteem wins!
Comparison 2
4-week lease request of 973 SP with payment of 24 STEEM from Minnowbooster.
In Smartsteem we could get 30.961 SBD for the same amount of delegation. 30.961*1.053 = 32.602 STEEM
.
32.602 STEEM vs 24 STEEM. That is as much as 33% bonus! Smartsteem wins again.
Comparison 3
Now let's take a look at larger SP delegation request which is 4865 SP for the price of 150 STEEM from Minnowbooster.
We got 154.806 SBD from the Smartsteem. 154.806*1.053 = 163.011 STEEM
. You would earn extra 13 STEEM here.
Smartsteem still got the victory in the end!
Conclusion
@smartsteem is obviously the best choice now from the revenue perspective for SP delegation.
Although it was mainly based on the advantage of paying SBD, which is hugely strayed away from the USD pegging mechanism for very long time. However judging from the SBD past behavior, receiving payment in SBD could be very rewarding as well if you look at their potential to skyrocket to last ATH at 14 USD, which was once 1 SDB = 9 STEEM
.
Hope this could make your life easier in choosing which platform to delegate your SP. If you know some other better sites, let me know in the comment.
Please use my referral link to sign up Smartsteem if you found this article useful: https://smartsteem.com?r=fr3eze
Previous posts about Smartsteem:
Another great platform to promote content, Smartsteem
Smartsteem whitelist is a touchstone for your content's quality
SP 委托代理是懒人在 Steem 赚钱的最佳方法,@minnowbooster 和 @smartsteem 是目前最大也是我使用过的平台,它们都接受 SP 代理然后付费给代理者。那么哪家的回酬更高呢?
经过上面一系列的比较,显而易见 Smartsteem 是更好的选择!平均收入要比 minnowbooster 高出起码 10%!
如果想注册 Smartsteem 来出租 SP, 可以通过我的链接注册:
https://smartsteem.com?r=fr3eze
之前写过关于 Smartsteem 的文章:
Another great platform to promote content, Smartsteem 推广内容好平台
Smartsteem whitelist is a touchstone for your content's quality 创作品质的试金石
I will consider sp delegation.. but currently sp helps me attracting more followers coz I vote their comments .. some, not all of course, feel like to follow just to get upvoted :)
Hmmm, then may be you should considering vote-selling as I see your Voting Power is constantly hitting 100% which means a waste of SP. Vote-selling is a service to use the bot to help you vote and you will get 85% profit out of it. Great option for people who want to make sure thier SP is actively generating money while they are busy.
That’s something I should read more about it. I have to confess I had no idea about that all !
Thanks you for this comparision. I did not suspect that smartsteem will outperform minnowbooster like that. If I get enough SP to spend I will try delegating. :)
I was surprised when I found that out too.
@dmania is now another platform for delegation and posting memes as well , please check their rules and then compare these there for best use of Steem Power delegation.
Thanks for helping @fr3eze
Thanks, I shall take a look at dmania too.
We will wait :)
Hi.
Just wondered if you have an update on this post, I have been using both minnowbooster and smartsteem for a while just never did a proper comparison, I was wanting to remove some delegation and only have one . S oconsidering stopping my minnowbooster and using only smartsteem? what are your thoughts. I know this is a very old post, so things may have changed since then?
thank you
Hi there, I did not research more on this topic but I'm aware of the new services in the same field. Personally, I switched to Smartsteem ever since this post while it is also my main source of vote buying when I need it. Everything working great so far.
Ok, I have just removed all my minnowbooster delegation and will move some of that over to smartsteem. So think I will keep to just the one delegation and keep the rest for my own votes. I know it takes 7 days to be released, so waiting for that power to come back which will give my own votes a little more weight. :-)
thanks for getting back to me.
So if I am right if you are fairly active and add one of these to help you that would be the answer.
I don't get it.
a very useful post for the beginning of steemit and I am very happy with this postfor that if any
free time stop by to my little account.@fr3eze
Awesome post! I invite you to visit our blog and vote us back! And of course to enjoy our content :)
Please help me https://steemit.com/busy/@businessman12/famed-bear-david-tice-on-bitcoin-the-bull-case-for-gold-and-more-or-trading-nation-or-cnbc