theoretically, Steemit growth is exponential because interest compounds

Welcome to the 24th weekly installment of my series on Steemit income and growth!

Income on Steemit is generated by "investment" (the more Steem you have, the more you earn) and by "work" (earning Steem by contributing content that adds value). Already having invested my savings in Steem, I'm now "working" by uploading unique valuable content to the blockchain. My goal is to increase my average weekly income to 15 Steem.

Calculating weekly income

Considering income from accounts that I own, and that my wife owns, and accounts started as group projects with my funds (currently @drutter, @medikatie, @greatesteem, @hempy, @girlsofgreen, and @sativazeee), here's the running tally:

Week 01 - 0840 (+ ? ) Steem (+?%)
Week 02 - 0848 (+ 8 ) Steem (+0.95%)
Week 03 - 0862 (+14) Steem (+1.65%)
Week 04 - 0868 (+ 6 ) Steem (+0.70%)
Week 05 - 0876 (+ 8 ) Steem (+0.92%)
Week 06 - 0888 (+12) Steem (+1.37%)
Week 07 - 0914 (+26) Steem (+2.93%)
Week 08 - 0929 (+15) Steem (+1.64%)
Week 09 - 0936 (+ 7 ) Steem (+0.75%)
Week 10 - 0953 (+17) Steem (+1.82%)
Week 11 - 0960 (+ 7 ) Steem (+0.73%)
Week 12 - 0966 (+ 6 ) Steem (+0.63%)
Week 13 - 0973 (+ 7 ) Steem (+0.72%)
Week 14 - 0980 (+ 7 ) Steem (+0.72%)
Week 15 - 0986 (+ 6 ) Steem (+0.61%)
Week 16 - 0991 (+ 5 ) Steem (+0.51%)
Week 17 - 0996 (+ 5 ) Steem (+0.50%)
Week 18 - 1032 (+36) Steem (+3.61%)
Week 19 - 1040 (+ 8 ) Steem (+0.78%)
Week 20 - 1045 (+ 5 ) Steem (+0.48%)
Week 21 - 1051 (+ 6 ) Steem (+0.57%)
Week 22 - 1059 ( +8 ) Steem (+0.76%)
Week 23 - 1065 (+ 6 ) Steem (+0.56%)
Week 24 - 1073 (+ 8 ) Steem (+0.75%)

Average weekly income (last 10 weeks): +9.3 Steem (+0.91%)

A weekly growth of three quarters of one percent is fair, but it took quite a bit of effort and time to make that happen. Several notable posts on DRutter, MediKatie, and GirlsofGreen paid out this week. We always surprise ourselves by continuously putting out a large amount of content people enjoy and benefit from.

At the current rate of growth, we'll reach our goal in 47 weeks.

Perhaps as the cryptocurrency market recovers over the next year, STEEM will do well, and new signups will breathe some life back into Steemit. We saw the millionth signup a few months ago, and it hasn't gone up much since. Steemit remains unknown in the mainstream despite our best efforts to spread it, and STEEM has fallen to the 38th biggest crypto. It was 17th biggest when I started here a year ago.

Here's to the continued survival and success of the Steem blockchain!!
Cheeers!

DRutter

BONUS:
I decided to play around with some graphing. The actual growth line appears VERY linear: