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RE: SPUD at zero point

in #spud5 years ago

I don't think it will be that expensive to run the chain, the cost for steemit Inc is likely mostly their employees.

Employees are absolutely the largest individual cost. But I recall @exyle saying once that in 2018 Steemit, Inc paid two million dollars to Amazon Web Services. Running a witness server is between $500 and $800 a month these days. With witness rewards close to zero, that money would have to come from their own pockets. Also, there are nodes other than witness nodes to pay for.

I don't think it will be a ghost town either, just a different crowd. Would probably be a good time for many as the focus will be off earning.

Not necessarily delisted as some of them are paid listings I believe.

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Witness servers aren't that much by a long shot, or at least do not need to be.

This is what @exyle has to say about that. Start from 5:10. He has actually run a witness server.

Definitely doesn't have to be anywhere near 500 dollars.

How do you know?

I am part of a witness team.

Ok. What you're saying is good news.

How much do you pay for a witness server at the moment?

less than 50 a month

That's cheap as F. :)

When it's that cheap, the chain will never stop. Development may at least at Steemit, Inc. But the chain will always run.

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