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RE: Donating 5000$ and raising money with this post for covering some of SteemData costs + server upgrade. (by @Furion)

in #steem4 years ago (edited)

Not too long ago, Steem was at 80c.

You're right, I should just power down some Steem to cover the costs. I do however feel bad whenever I do that.

SteemData is well funded given the recent price increase and my witness position. I would like to forward the funds raised in this campaign to other Steem projects.

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There’s no need to feel bad for powering down, especially since the witness rewards are received as SP. It’s the only option.

And just to clarify - I get the costs of your project. I just didn’t understand why ~$1000 of post rewards were needed when witness rewards are 20+ times more than that...per month (at current prices). If you cashed some out tonight, you could potentially get about $5 per STEEM. Seems like a great deal to me!

Good luck with your new servers and upgrades! I have a feeling that most of us will be upgrading witness specs again soon with STEEM prices continuing upward.

Your writing is really a beautiful and clean mind telling you, your mind is like a great mountain and sea as a liberal.
Man's love for the people you spell cost whether you may be long live.
DEAR FRIEND THAK SO MUCH

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