WitnessWatch Weekly Report #16: How much do witnesses make?

in witness-category •  11 months ago


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: $2.90/STEEM
Dates covered by analysis: May 7th - May 13th, 2018


Bar Chart

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

BarSPMay171229.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

top20pieMay171229.png

Tier 2: 21-40

2140pieMay171229.png

Tier 3: 41-60

4160pieMay171229.png

Tier 4: 61-80

6180pieMay171229.png

Tier 5: 81-100

81100pieMay171229.png

Tier 6: Under 100

under100pieMay171229.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
1861.5446129207412 5389.339193420709 @jesta 1
1861.1564397700954 5388.215397214006 @gtg 2
1861.5446171305102 5389.339205608369 @roelandp 3
1861.5445733418796 5389.339078836342 @good-karma 4
1860.9613325779103 5387.6505443329825 @timcliff 5
1861.735665848599 5389.89230884162 @ausbitbank 6
1861.348477322752 5388.771363212326 @someguy123 7
1861.9307295174367 5390.457035718636 @clayop 8
1861.5426003183175 5389.333366755558 @thecryptodrive 9
1861.5425920273954 5389.333342752592 @lukestokes.mhth 10
1861.3505021419455 5388.777225246125 @aggroed 11
1861.1564260120085 5388.2153573831065 @anyx 12
1861.3505003204605 5388.777219972762 @smooth.witness 13
1861.5425798325014 5389.333307447277 @pharesim 14
1861.7366746074517 5389.895229289288 @netuoso 15
1861.5454776300594 5389.341696832009 @followbtcnews 16
1861.737638145057 5389.898018817374 @blocktrades 17
1861.5445441301717 5389.33899426582 @jerrybanfield 18
1861.5425469764848 5389.333212326152 @curie 19
1859.6006587120355 5383.711271030627 @xeldal 20
410.4355766305774 1188.2479335474184 @pfunk 21
377.4431658925057 1092.7319351437343 @riverhead 22
376.4689980894361 1089.9116316787456 @furion 23
363.85824956507315 1053.4023797333477 @drakos 24
349.30690005458166 1011.2749132790188 @liondani 25
322.1404383373475 932.6255616260714 @cervantes 26
335.72183076595115 971.9449150321976 @busy.witness 27
329.89527291503623 955.0765056635923 @bhuz 28
321.1700168406316 929.8161040551443 @utopian-io 29
300.7961458692495 870.8319139446055 @teamsteem 30
275.5591242780769 797.7684651062177 @yabapmatt 31
224.13795235763766 648.8995444910732 @abit 32
226.0826634303216 654.5296580704897 @klye 33
186.3014118724648 539.3593544978542 @blockbrothers 35
190.17518163200432 550.5742665909994 @ihashfury 36
188.23842800630507 544.9671905367737 @aizensou 37
186.2935884867896 539.3367050922197 @reggaemuffin 38
176.5937409526147 511.2547734945053 @therealwolf 39
164.95368909780913 477.55577577017624 @prc 40
160.09784831736587 463.4976796851228 @patrice 41
158.15707558475145 457.8789679546581 @steemed 42
159.13151086459058 460.70004578896754 @rival 43
147.48709908056867 426.98842567716355 @fyrst-witness 44
144.57578334952152 418.55990461736627 @themarkymark 45
143.6015840499412 415.73950996714433 @nextgencrypto 46
136.80905105474866 396.07451561809233 @ocd-witness 47
115.46120524402866 334.27058068993495 @delegate.lafona 48
112.55389048445218 325.8536428026327 @adsactly-witness 49
113.52439976818332 328.6633545248699 @joseph 50
108.67267044433255 314.6171614766827 @liberosist 51
100.90966654436937 292.14256651593837 @arcange 52
92.18039455405598 266.8705384695019 @steemgigs 53
97.99873740189 283.71516466483774 @noisy.witness 54
94.1131246314171 272.4659659891693 @asbear 55
100.90976010459927 292.1428373812243 @ats-witness 56
92.17638640123204 266.85893450634285 @firepower 57
93.15080625103484 269.67996766930844 @charlieshrem 58
91.20603928117693 264.0496922625425 @neoxian 59
90.23585666391158 261.2409262691238 @dragosroua 60
68.89914304555475 199.46922003975513 @jackmiller 61
69.88615735210965 202.32671528851913 @justyy 62
72.77313865405137 210.68478598595757 @steemychicken1 64
64.0438617469885 185.41274370508893 @sircork 65
69.85811560071754 202.24553189448136 @complexring 66
73.74756723374382 213.50584442273941 @chitty 67
64.04016139379644 185.40203084956613 @boatymcboatface 69
59.18809037899113 171.35484857531344 @emrebeyler 70
59.184265527233414 171.3437752852382 @privex 71
44.62864706939903 129.20394984414645 @krnel 76
43.658346235035076 126.3948416015877 @blockchained 78
41.72158123834877 120.78773262733114 @blackwidow 80
41.72550869080297 120.79910295565678 @ura-soul 81
32.01775808040895 92.69429124101116 @felixxx 83
37.843865735460916 109.56139725207555 @qurator 84
36.86959417902745 106.74079341176059 @jatinhota 85
36.86971159568032 106.74113334353815 @guiltyparties 86
37.84014599199215 109.55062825995657 @yuriks2000 87
23.305142964701716 67.4704863456783 @helo 88
32.025965710123465 92.71805306772134 @jacor-witness 89
33.95869022365516 98.31346447960182 @b0y2k 90
32.02185727037864 92.7061587649005 @block-buster 91
31.047658980187347 89.8857670369506 @mahdiyari 93
32.021965623649166 92.70647245737047 @stoodkev 94
32.021896761033695 92.70627309390105 @demotruk 95
29.10688454851785 84.26705038756855 @steem-bounty 97
27.174100576838747 78.67146683900009 @bue 98
26.19182264715543 75.82768382755322 @bitrocker2020 100
25.225384171191685 73.02975746017533 @chainsquad.com 101
28.140598087977548 81.46956411852292 @sc-steemit 103
22.318269885448334 64.61339996266263 @masteryoda 104
21.340066198903187 61.78141225178263 @yehey 106
21.340070843060236 61.78142569703526 @swelker101 107
20.369646643195573 58.97196030024907 @anarcho-andrei 108
17.466513142246335 50.56712753298594 @jrswab 111
15.521753123637135 44.936872250710636 @samrg472 112
13.584748137984986 39.32906848679896 @enginewitty 113
15.525836939512738 44.948695265213935 @steemcommunity 114
14.555481679245613 42.13942945476718 @intelliwitness 115
14.55933962147859 42.15059854474646 @silversteem 116
13.581194580214813 39.318780617234104 @quochuy 118
13.584915062604392 39.32955174859535 @hagie 119
4.851741995968314 14.046229735107906 @danielsaori 121
10.669952027697244 30.890471415866017 @fubar-bdhr 122
9.695758436041546 28.07009329059952 @sempervideo 124
8.72522606721746 25.260314734940597 @valorforfreedom 126
7.762842391687877 22.474127379751657 @davinci.witness 128
7.758935276912078 22.46281593083539 @isnochys 129
7.758920504970785 22.46277316473587 @jamzed 130
0.9704093421096434 2.8094223822482074 @comedyopenmic 133
6.792688456527536 19.665444423608307 @castellano 134
6.792536103627364 19.665003348250547 @windforce 135
5.8181755118120035 16.844141742491814 @cloh76.witness 136
4.851776477226059 14.04632956145239 @thekitchenfairy 139
5.822151441670059 16.855652417264572 @fbslo 140
5.814292864918108 16.832901130295767 @skenan 142
3.8854315314862276 11.248673972490463 @gridcoin.science 144
3.8813424918570583 11.236835834750451 @bobdos 150
3.881499829600421 11.237291341677883 @steemhq.witness 151
3.87747467999724 11.22563817131321 @evildido 152
3.885382308025106 11.248531466140406 @pcste 156
2.9109675467479974 8.42751303491466 @ety001 157
1.9407204025458786 5.6185602302065485 @zappl 159
1.9407302352847846 5.618588696870628 @yensesa 160
0.9742378283408895 2.820506194451426 @swisswitness 161
1.940700723042929 5.618503256274353 @crt 170
2.9110118414427375 8.427641272042456 @cryptohazard 171
1.9408432467232204 5.6189158751559285 @yanosh01 174
1.9407498831807442 5.618645579297741 @vesteem 176
1.9406663664339487 5.6184037907992606 @justinadams 184
0.9705272980033705 2.809763875176578 @glowhost-matt 187
0.9702471757901788 2.808952896158389 @ukrainian.trail 207
0.9705076518641911 2.809706997835501 @beerbot 227


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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Sort Order:  

Isn't this a post you've run before? If so, you should mention it in the intro.

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You post these every week. Well pointed out in the title, but would be even better if you added to the intro as well.

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Why did you downvote my comment?