The Hive. A Deeper Look at Dustsweeper

in #thehive3 years ago

The Hive Making the Best of Dustsweeper

Howdy folks'.
A closer look has being given to @Dustsweeper this was done to ensure we were giving you the best value we could. Our vote has again changed to 100% Our vote value is currently 1.6 - 1.7 and below the threshold payout.

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I have been a positive advocate of @Dustsweeper since I first heard of it and my opinion of Dusty as I like to name it, has not changed one bit. I do like to see the members of The Hive benefit where ever we can find a penny for them or piece of a penny.
I hope you are okay with maths.

Let's break it down a bit.

Suggesting The Hive vote carries a value of 1.5 and @dustsweeper holds a value of 2.8

2.8
1.5+
4.3

Well this part was easy enough. When a vote of 1.5 is received the comment has a good chance of paying out at 4.3 from the additional 2.8 vote from @dustsweeper

You do not get all of this reward for yourself unfortunately, 25% is swept away to reward others for reading your content, That is what is great about Steemit, You get paid for reading as well as writing.

That 25% which rewards those who voted on your post. adds up to a total of 1.075, maths time again.

4.3
1.075-
3.225

Hmm the numbers are getting longer but the amount is getting smaller.
So we have a reward to our account then of 3.225.
This 3.225 is broken down to two sides if you are like me and select the 50/50 option for a payout. this will return 50% in SBD and 50% in Steem Power, automatically powered up to your account.

Leaving a balance of 1.6125 YAY!, well not yet. with the cost of the vote 1.4 if deducted from your reward SBD leaves a profit 0.2125 The other half of your rewards is growing your account. Let's do a quick look at this again with a value of 0.01 vote to your comment.

When your comment holds a vote value of .01 and @dustsweeper votes to this comment, the reward is increased to

3.8 minus 25% (.95)
Leaves us with 2.85 The cost of the vote 0.014 along with half of the reward being paid directly to our Steem Power leaves a profit of 0.005 more of a yea ok I can get along with that compared to yay. This is still beneficial as it is growing your Steem power and the returns are the re-investment to keep your growth going.

You can see from both examples above. the lower the reward to your comment before dustsweeper votes, the less value the vote holds to you in terms of efficiency and your ability to keep up with payments for future votes.

A vote below 0.01 will result in a negative impact on your available SBD to gain more votes as you use the votes already on account.

For this reason The Hive will return to voting on your comment at 100%

I am Still an avid follower of Dusty, I still recommend everyone should have it. I also recommend you watch the reward values the comment got through Gina where ever you can, to maximise the benefits of Dusty.

Make a Diff banner.jpg

You are welcome to join our Discord Server at
https://discord.gg/SQ3zSsp

Some other groups I invite you to take a look at are:
The @IFC @Informationfindingchampionship. Discord group: https://discord.gg/uSGDtKR
The @cryptoempire Discord Server: https://discord.gg/9JhyHXg
The @asapers Discord Server: https://discord.gg/2gJD7PW
The @buddyup Discord Server: (https://discord.gg/3d5H3K8
The @steemitramble Discord Server: https://discord.gg/QJzP2zm


The Hive witness vote has been given to
@danielsaori @yehey @pharesim @yabapmatt @steemcommunity
All these witness have come at the recommendation of
Jan23com to the The Hive.
They do not reflect the opinions of individual members of the group or the group as a whole.

hive TY.gif

All the Hive Logo's and Banners graphics are provided exclusively
by
@Charisma777

This account is protected by @dustsweeper

Sort:  

Congratulations! This post has been upvoted from the communal account, @minnowsupport, by Jan23com from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, theprophet0, someguy123, neoxian, followbtcnews, and netuoso. The goal is to help Steemit grow by supporting Minnows. Please find us at the Peace, Abundance, and Liberty Network (PALnet) Discord Channel. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.

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You got a 22.79% upvote from @automation courtesy of @thehive! This is a service sponsored by @yehey. Please consider voting @yehey for Witnes. Use this short URL link https://on.king.net/witness simply click and vote, this will redirect to Steem Connect for secure connection.

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Have a lovely day.
@Automation - Keep Steeming for a better future.

Fabulous! Thanks for this detailed explanation! I'd never actually done the math, myself!

I was wondering why my balance was going down more than expected

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