Dear Top 20 Steem Witnesses, Why are you powering down ?

fudtron (36) 5 years ago

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waybeyondpadthai (76) 5 years ago

Smith

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bitrocker2020 (77) 5 years ago

lolz ... yez bossman !

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dmilliz (68) 5 years ago

Hahaha man that is funny and sad at the same time 😅

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fudtron (36) 5 years ago

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dmilliz (68) 5 years ago

Haha can’t I just make one token that can surf them all ? Steem, Eos, tron Eth , btc ( hmmm maybe in few years)

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justineh (71) 5 years ago

First, It really needs to be understood that Witnesses are rewarded in SP for producing blocks. Most need to power down a small amount consistently to pay for servers and expense of actually running a witness node.

You should know this as you ran one, so to not at least explain this in the post I find a bit frustrating.

Most of the witnesses you mentioned have done this consistently and attempting to alude it’s the sky falling a concerning.

Also, It’s not shocking that many investors (which many witnesses are) would respond to an announcement like Tron put out in a defensive way. The communication coming out was not at all reassuring for anyone holding STEEM imo.

While communication has opened up, many of those mixed messages are still out there. Perhaps they just want to protect their investment if it comes to that.

Hopefully the consensus witnesses will put out a statement in the future, but I think communication has been pretty good from their end on the acquisition matters so far.

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2 votes

bitrocker2020 (77) 5 years ago

thanks for stating your views on this, i guess having a clear communication is best and as part of the community, i really wanted to know and not just assume however it would really strengthen the consensus witness position they do put out a statement for future communication like what you've suggested. I do know some are already doing it, however there are a few which does not engage with the community. Cheers and have a great day

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uyobong (71) 5 years ago

I think posts as this made by @bitrocker2020 is important at least to gather such informative comments like yours. It is well educating.

Posted via Steemleo

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apshamilton (64) 5 years ago

I suspect they are trying to sell some Steem at the higher prices to pay for running nodes. By powering down a lot of Steem they get some Steem to sell in a week.

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phortun (74) 5 years ago

Interesting. Yesterday, I urged my followers to cast their witness votes, saying that pretty much anyone from the top 30 should be a safe choice but I didn´t think of this... I wonder if/what they reply. Thanks for bringing this to our attention.

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6 votes

lukestokes (75) 5 years ago

I’ve never powered down my main account (lukestokes) but I usually power down my witness account to pay for servers. Nothing was changed based on the Tron news.

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6 votes

bitrocker2020 (77) 5 years ago

Thanks for the reply Luke... And noted. BTW.. Liked ur tweet on getting #TronArmy to show up.

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lukestokes (75) 5 years ago

Thanks and yeah, that was fun to see that tweet go viral.

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emrebeyler (74) 5 years ago

Hey there,

I power down a little bit to cover some server costs. Running 5 servers for my witness infra & steem related projects. Sometimes I power down a couple of weeks and cover for them.

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