WitnessWatch Weekly Report #14: 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: $3.97/STEEM
Dates covered by analysis: April 23rd - April 29th, 2018


Bar Chart

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

BarSPMay021026.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

top20pieMay021026.png

Tier 2: 21-40

2140pieMay021026.png

Tier 3: 41-60

4160pieMay021026.png

Tier 4: 61-80

6180pieMay021026.png

Tier 5: 81-100

81100pieMay021026.png

Tier 6: Under 100

under100pieMay021026.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
1839.4039649887666 7298.589386718577 @jesta 1
1856.9768646198233 7368.317070893643 @gtg 2
1857.552268627481 7370.600222209668 @roelandp 3
1856.9738672825795 7368.305177729219 @good-karma 4
1854.4659741431753 7358.354083462446 @timcliff 5
1853.6936000464652 7355.28937256037 @clayop 6
1849.830823594735 7339.962223249784 @ausbitbank 7
1856.203593056371 7365.2487989243045 @netuoso 8
1852.1488619637994 7349.1599908747785 @anyx 9
1856.9759853905762 7368.313582191121 @someguy123 10
1856.2017175429303 7365.241357055768 @aggroed 11
1854.8481987711577 7359.8707163860645 @thecryptodrive 12
1855.2362008418238 7361.410273682281 @smooth.witness 13
1856.0105007206369 7364.482625914422 @lukestokes.mhth 14
1856.2025993132306 7365.244855840961 @jerrybanfield 15
1857.3640866592027 7369.853533095917 @blocktrades 16
1857.1661224523327 7369.068028939835 @followbtcnews 17
1856.7818600331573 7367.543310244165 @pharesim 18
1819.1307597559087 7218.147132943067 @xeldal 19
1855.238176540417 7361.4181130764855 @pfunk 20
426.31906485354176 1691.5956806230167 @curie 21
397.8715583239427 1578.7185349891554 @furion 22
387.2261790272455 1536.4786280239975 @riverhead 23
375.6066498263 1490.373381912274 @liondani 24
364.9618432613847 1448.1357474952808 @busy.witness 25
365.92771481824377 1451.9682389044576 @drakos 26
334.9569504220088 1329.0790331489927 @bhuz 27
304.9881017129355 1210.1653386677738 @cervantes 28
258.5773016009068 1026.0114607952542 @utopian-io 29
308.81200790707925 1225.3382542945787 @teamsteem 30
278.80356735470804 1106.2674629424196 @yabapmatt 31
247.8224453566434 983.3371591550789 @klye 32
230.3968734990042 914.1940583254336 @abit 33
196.51618854921858 779.7585497063299 @ihashfury 35
195.54585214127465 775.908342169885 @blockbrothers 36
193.60925492195236 768.224098697364 @aizensou 37
189.73627686644403 752.8564703411319 @reggaemuffin 38
175.22154805208527 695.2633327313496 @fyrst-witness 39
171.34019284477228 679.8624645907004 @therealwolf 40
162.6353998482387 645.3226294118248 @patrice 41
145.20624297562114 576.1653035653968 @prc 42
134.57144349872976 533.9673763730448 @rival 43
142.30302089309112 564.6455796319051 @steemed 44
140.36264445822417 556.9463405722322 @nextgencrypto 45
129.7127884020516 514.6886702283845 @themarkymark 46
151.99031362785567 603.0838853471048 @ocd-witness 47
143.26480139492656 568.461838102943 @joseph 48
151.98203244222108 603.0510263478134 @delegate.lafona 49
103.58263428019421 411.0065703867254 @adsactly-witness 50
105.51933001982385 418.6912047789593 @liberosist 51
98.74692871429356 391.8189259147325 @arcange 52
99.71316533966692 395.65286588291775 @ats-witness 53
84.2354107038618 334.2385284859603 @noisy.witness 54
94.86971512926081 376.43449135854524 @neoxian 55
94.87009663229337 376.43600512824315 @charlieshrem 56
90.03000233254743 357.2309465553382 @firepower 57
52.2220944699469 207.212570868247 @asbear 58
92.9375217919494 368.7677220934939 @steemgigs 59
82.26821866521583 326.4328875238965 @dragosroua 60
67.7841372077222 268.96135586789296 @chitty 62
76.47825206313787 303.4588211438454 @steemychicken1 63
26.111184454456637 103.60682990868303 @complexring 64
72.60493807781879 288.08985984835795 @boatymcboatface 65
69.70597362596041 276.58702981018456 @sircork 66
60.010945246081064 238.1180297513775 @privex 69
55.18694249969969 218.9768210139834 @justyy 71
52.28004562034668 207.44251581742978 @emrebeyler 74
26.13374949985446 103.6963659779675 @jackmiller 77
0.9661334941551604 3.833530752793202 @blackwidow 80
42.59345943959292 169.00701364495512 @blockchained 81
29.036446643048127 115.21400699941708 @krnel 82
30.973432859697734 122.89979397832323 @yuriks2000 83
24.192947734296794 95.9954392443936 @guiltyparties 84
38.72042545652441 153.63916337319776 @b0y2k 85
32.92209674981106 130.6319169145428 @jacor-witness 86
13.545742674484783 53.748287815514914 @ura-soul 87
32.91433313131052 130.60111157505833 @jatinhota 89
33.88481725399088 134.45190523028296 @helo 90
30.977906452357878 122.91754479137535 @qurator 91
32.914416318135416 130.6014416528927 @block-buster 92
29.048984027425373 115.2637542122614 @stoodkev 93
31.95224599178688 126.78363639327108 @demotruk 94
32.91843882451411 130.61740259617778 @felixxx 95
30.97376718165973 122.90112053777946 @mahdiyari 96
3.8698179147515415 15.355089202121789 @steem-bounty 98
29.041117091221018 115.23253891742678 @sc-steemit 99
26.134216163323956 103.69821765661476 @bue 100
25.171746135931745 99.87922321022492 @bitrocker2020 102
23.235142843791856 92.19495564131014 @chainsquad.com 104
3.8654964929283224 15.33794218925522 @masteryoda 105
21.2985543361413 84.51074673591843 @yehey 106
20.33238638999931 80.67707928074216 @swelker101 107
20.328403615701678 80.66127599077885 @anarcho-andrei 108
15.492722263851395 61.473727597958586 @jrswab 111
2.8984741543269843 11.500884581695583 @steemitboard 112
13.556187938360463 53.78973368249986 @samrg472 113
15.488862600054112 61.45841279938071 @intelliwitness 114
14.522679864139473 57.62468665971765 @steemcommunity 115
14.518564802357766 57.6083584649234 @silversteem 116
13.548286522318303 53.75838157477202 @hagie 117
11.619707624286457 46.10595407948247 @quochuy 118
11.619673081680324 46.10581701753017 @fubar-bdhr 119
3.8690469320874166 15.35203001229898 @sempervideo 121
8.712555986236822 34.57063802334895 @enginewitty 122
7.7422091523504735 30.720389117702965 @isnochys 124
9.683060204908692 38.42151141765925 @valorforfreedom 125
8.712776986200872 34.5715149313163 @jamzed 128
7.742518586086727 30.721616922919385 @davinci.witness 129
0.9664674294493771 3.834855777986478 @viva.witness 130
5.809637686342229 23.05211947201419 @castellano 132
7.746550279897407 30.737614321107717 @windforce 133
4.843317550109254 19.21784814025401 @cloh76.witness 134
3.8729117156843547 15.367365125781108 @skenan 138
4.847535885906485 19.2345861170472 @fbslo 139
3.8732113070124043 15.368553877207589 @gridcoin.science 143
2.906802780554387 11.533931820989556 @steemhq.witness 146
3.8693318119820743 15.353160390081792 @evildido 148
1.9364558822339573 7.683682659674941 @pcste 149
0.9662071642783121 3.833823069211557 @danielsaori 151
2.902903625100767 11.518460323073583 @bobdos 153
0.9664477846621978 3.8347778292389814 @wehmoen 157
1.9326500277462455 7.6685813715946045 @ety001 158
2.902996934801809 11.518830567569447 @zappl 163
1.9366473880134105 7.684442537372291 @cryptohazard 164
1.936613012679417 7.684306139140785 @crt 166
0.9702339804243081 3.849801113265416 @vesteem 173
1.936465693304078 7.683721589118184 @yanosh01 174
1.9325910777372775 7.66834746326452 @glowhost-matt 176
0.9664183200901509 3.8346609164689105 @puncakbukit 202


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!

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Congratulations! This post has been upvoted from the communal account, @minnowsupport, by jaredcwillis 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.

If you would like to delegate to the Minnow Support Project you can do so by clicking on the following links: 50SP, 100SP, 250SP, 500SP, 1000SP, 5000SP.
Be sure to leave at least 50SP undelegated on your account.

COuld you also make analysis to reflect which witness votes for which another witness - that would allow all users to know if there is any vote trading and how much prevalent is that.