WitnessWatch Weekly Report #11: How much do witnesses make?

in witness-category •  last year 


DQmSkDm1SG5ihUf1vnmxWjgvb3upq78nwFXpj4bhkJjbF3H.png

Have you ever wondered what witnesses make?

STEEM witnesses are the secret sauce that make Steemit function. Every post you submit, transfer you send, and vote you cast are processed by the witnesses. Being a witness is a big responsibility, and the equipment and maintenance can be expensive and time-intensive. Because of this, witnesses are compensated with SP for every "block" of transactions that they process.

The blockchain, through the witnesses, processes 21 blocks of transactions in each 63-second round. The top 19 witnesses get 1 block every round, with the other 2 blocks being distributed among the other active witnesses according to their ranking.

We want to emphasize that witness rewards do not come from the reward pool. As new tokens are created, a certain percentage is distributed to authors and curators, while the witness rewards are distributed from another percentage. They are two separate pots.

We have run a script that has analyzed every block over the last 7 days to calculate what each witness earned over the week. This post was put together using data pulled from @steemsql, thanks to @arcange. We are happy to subscribe to the SteemSql service as it has become infinitely more reliable and we are thrilled to support @arcange's work.

Vitals

STEEM/USD Conversion Rate at time of analysis: $1.79/STEEM
Dates covered by analysis: April 2nd - April 8th, 2018


Bar Chart

This bar chart shows the distribution of SP earned by witnesses over the last week.

BarSPApr091651.png

As you can see, the earnings drop off significantly for those that aren't in the top 20. This is due to the fact that the top 20 witnesses handle the bulk of the transactions that occur on the STEEM blockchain. Because of this, their overhead is significantly higher, especially as the blockchain continues to grow.


Pie Charts

We have reorganized our pie chart visualizations into earning tiers. This will allow a much clearer picture of the way earnings are distributed to the various witnesses.

Tier 1: Top 20

top20pieApr091651.png

Tier 2: 21-40

2140pieApr091651.png

Tier 3: 41-60

4160pieApr091651.png

Tier 4: 61-80

6180pieApr091651.png

Tier 5: 81-100

81100pieApr091651.png

Tier 6: Under 100

under100pieApr091651.png


Full Table

Here is the full table of results, this totals all witness earnings in SP and the USD equivalent over the last week, sorted by each witness' ranking.

SP USD Value producer ranking
1874.303591812073 3361.563491914953 @jesta 1
1874.1085022327718 3361.2135987544766 @gtg 2
1874.109533753904 3361.2154487876273 @roelandp 3
1874.303532952644 3361.5633863505673 @good-karma 4
1873.9144774891038 3360.865615376708 @timcliff 5
1874.4985794035088 3361.913202160193 @someguy123 6
1873.9144809127606 3360.8656215170363 @ausbitbank 7
1873.7193654275707 3360.5156818943483 @netuoso 8
1873.915471252166 3360.86739769076 @clayop 9
1874.3045791882776 3361.565262774176 @thecryptodrive 10
1874.6926491316956 3362.261266217696 @anyx 11
1874.1095430061196 3361.2154653814755 @aggroed 12
1874.1064823164768 3361.2099760346014 @smooth.witness 13
1874.4996618293274 3361.9151434908986 @lukestokes.mhth 14
1873.914474065519 3360.8656092365086 @blocktrades 15
1874.109472951399 3361.2153397383345 @followbtcnews 16
1873.9144593505914 3360.865582845286 @pharesim 17
1874.303568304871 3361.5634497547862 @xeldal 18
1285.3952710612512 2305.356418648354 @jerrybanfield 19
1873.9154359955749 3360.867334458064 @pfunk 20
1013.3712415955816 1817.4813218016757 @furion 21
416.0421549236239 746.1716048555195 @riverhead 22
405.26080075222615 726.8352461491177 @curie 23
397.45198322692465 712.8301319174894 @liondani 24
386.6793741360835 693.5094575130657 @busy.witness 25
371.01541629297975 665.4161491214592 @drakos 26
371.02023399184003 665.4247896643651 @cervantes 27
335.76754790264005 602.199097163385 @utopian-io 28
324.02477294375524 581.1384302746251 @teamsteem 29
292.6973550516665 524.9527062851638 @yabapmatt 31
284.8767640638296 510.92647634847845 @wackou 32
263.33479284888983 472.29095097448396 @klye 33
245.71100652798665 440.68269020794406 @abit 34
223.19151609040674 400.2939841081445 @blockbrothers 35
203.618921836343 365.1905363134812 @ihashfury 36
201.65459024462191 361.6675076037294 @aizensou 37
189.91173629049118 340.60669903699596 @reggaemuffin 38
186.97727637208152 335.3437451733282 @fyrst-witness 39
164.44903035633274 294.9393359440828 @therealwolf 40
144.87692698141964 259.8367685411761 @delegate.lafona 41
158.58849900346686 284.4284729627178 @ocd-witness 42
145.8675777132441 261.61350062870326 @steemed 43
151.7368479370864 272.14003677516445 @prc 44
150.75891433141945 270.3861128534008 @patrice 45
147.82017909010213 265.1154911980982 @rival 47
142.9208203787624 256.32849134931035 @nextgencrypto 48
138.02579988552597 247.54927209469085 @themarkymark 49
149.8238469856301 268.7090695687276 @charlieshrem 50
110.61947139107758 198.39602193989765 @liberosist 51
108.66689278093193 194.89407220260142 @ats-witness 52
104.74596223309766 187.86188326506067 @adsactly-witness 53
97.89067343572384 175.56692280697072 @neoxian 54
96.91244702188537 173.81247373375143 @steemgigs 56
92.0212699036097 165.04014757212403 @dragosroua 57
91.03485468709667 163.27101188130789 @arcange 58
86.14399187672109 154.49924943089928 @chitty 60
80.2705191333224 143.96517606561372 @steemychicken1 61
77.33591924632475 138.70197116828345 @firepower 63
77.33988386086438 138.70908170446026 @boatymcboatface 64
70.47600029013165 126.39870652035113 @sircork 65
64.60687102755081 115.87242318791239 @privex 68
64.60696516593666 115.8725920251074 @krnel 70
58.73752753520382 105.34575563438806 @justyy 74
47.95613724879342 86.009332155711 @emrebeyler 75
53.8422963293259 96.566158466646 @asbear 77
33.25810884346299 59.648418210750876 @blockchained 79
38.17465629328244 68.46624606200206 @b0y2k 81
35.24428635677683 63.210627580879255 @jacor-witness 82
36.21831090671107 64.9575406111863 @helo 83
33.27537409384971 59.679383437319466 @guiltyparties 85
32.30538558649733 57.93970904938296 @ura-soul 86
33.29169280987628 59.70865105451311 @block-buster 87
34.25785594254783 61.44146463295953 @felixxx 88
32.30146186055196 57.93267184689994 @demotruk 89
5.882239706905328 10.549796914334706 @bue 91
32.30140294211944 57.93256617669122 @steem-bounty 92
29.366794375509073 52.669345712475526 @sc-steemit 93
18.58112717640863 33.325251590888875 @noisy.witness 94
30.345131299755657 54.42399298611178 @chainsquad.com 95
19.567787965790426 35.094827716645135 @qurator 96
30.34894696468477 54.43083638116214 @jatinhota 97
26.432097230027807 47.40596638205488 @mahdiyari 99
26.431984705857925 47.40576456995619 @stoodkev 100
27.410326635202782 49.16042082023619 @masteryoda 101
24.471558479302303 43.88974013262868 @bitrocker2020 102
13.694254553050449 24.560645540895983 @yuriks2000 103
24.471705851417617 43.8900044445175 @yehey 104
21.54094243669591 38.63368026021412 @swelker101 106
22.51528198026977 40.38115823161383 @anarcho-andrei 107
17.62008997287748 31.60163136635576 @skenan 109
18.60241487386436 33.36343107627574 @steemitboard 110
17.624004575679894 31.608652206481892 @jrswab 111
15.659654068806518 28.08558957240449 @samrg472 112
15.667722944519937 28.10006110099651 @silversteem 113
15.663504714002258 28.09249570456305 @intelliwitness 114
12.728655634774922 22.828843880968826 @steemcommunity 115
15.65561267404741 28.07834133090403 @hagie 116
12.728822705473762 22.829143522267195 @jackmiller 118
12.720974502527847 22.815067770283694 @fubar-bdhr 120
11.746581263762218 21.06749349655754 @quochuy 121
9.79015767874956 17.558647796837338 @enginewitty 124
9.790255813569688 17.558823801637235 @valorforfreedom 127
8.808058593358474 15.797253087188425 @sempervideo 129
8.811894346688856 15.804132510786465 @windforce 130
7.825748666557214 14.035480233470365 @isnochys 131
8.812129800506113 15.804554797207715 @viva.witness 132
8.808068403263421 15.797270681252947 @jamzed 133
8.81204623922147 15.804404930043708 @davinci.witness 134
8.812021891550454 15.80436126249574 @cloh76.witness 135
6.851659502690614 12.288451318075618 @moisesmcardona 137
4.895167155348526 8.779482293117582 @castellano 139
4.8950395997547105 8.779253522160074 @pcste 142
4.898988068623292 8.786335101075874 @gridcoin.science 144
4.895024902781784 8.77922716313913 @steemhq.witness 146
4.891081276271998 8.772154268993829 @cryptwo 147
3.9209208576660224 7.032171558224012 @evildido 150
2.9385815942436966 5.27034608927607 @fbslo 152
2.934603667006947 5.26321167677696 @bobdos 155
2.934515377861466 5.2630533301945395 @wehmoen 157
2.9345496481933933 5.263114794034851 @ety001 158
2.9345545906756567 5.263123658376791 @zappl 160
1.956467851187269 3.5089250911043672 @crt 163
2.9347948904524563 5.26355463602648 @glowhost-matt 164
1.9564923330567436 3.5089689993372697 @cryptohazard 165
0.9780965744138416 1.754216206211225 @yanosh01 167
1.9564580377077152 3.5089074906287876 @ukrainian.trail 171
0.9781603513054653 1.7543305900663522 @justinadams 193
0.982368800588748 1.7618784438559196 @beerbot 217


DQmQPRBLmhWag36FBxYVNJNKZRUsBbpPeZvm7FVixnWVXhk_1680x8400.png

As always, the data presented above is meant to allow Steemians to make more informed decisions on the witness votes that they cast. Stay tuned for more data soon!


Let us know what data you would like to see! Vote responsibly!

If you enjoy our work, please follow, upvote and resteem!


You can cast your vote for Steem witnesses at: https://steemit.com/~witnesses

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!