WitnessWatch Weekly Report #5: How much do witnesses make?


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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 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: $3.66/STEEM
Dates covered by analysis: February 12th - February 18th, 2017


Bar Chart

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

BarSPFeb231115.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

top20pieFeb231115.png

Tier 2: 21-40

2140pieFeb231115.png

Tier 3: 41-60

4160pieFeb231115.png

Tier 4: 61-80

6180pieFeb231115.png

Tier 5: 81-100

81100pieFeb231115.png

Tier 6: Under 100

under100pieFeb231115.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
2103.505949 7711.536948 @jesta 1
2103.886152 7712.930789 @roelandp 2
2104.27343 7714.350566 @gtg 3
2103.120025 7710.122136 @good-karma 4
2104.654596 7715.747935 @timcliff 5
2103.889075 7712.941506 @curie 6
2104.655569 7715.751502 @ausbitbank 7
2104.653799 7715.745012 @blocktrades 8
2104.849583 7716.462763 @someguy123 9
2104.078401 7713.635582 @aggroed 10
2104.654379 7715.747141 @lukestokes.mhth 11
2101.968797 7705.901689 @anyx 12
2104.842675 7716.437441 @smooth.witness 13
2104.080436 7713.643041 @clayop 14
2105.036914 7717.149529 @pharesim 15
2102.928625 7709.420457 @thecryptodrive 16
2105.03784 7717.152924 @xeldal 17
2104.272306 7714.346445 @furion 18
2105.040686 7717.163355 @pfunk 19
1972.149117 7229.97755 @netuoso 20
579.2292413 2123.477568 @riverhead 21
444.6077341 1629.949737 @liondani 22
436.9278745 1601.795065 @jerrybanfield 23
435.0054113 1594.747238 @wackou 24
327.4684948 1200.512601 @busy.witness 25
408.1207032 1496.186823 @followbtcnews 26
409.0819726 1499.710875 @utopian-io 27
382.2053688 1401.18017 @bhuz 28
369.7186236 1355.403263 @cervantes 29
313.0500643 1147.654058 @drakos 30
325.5366494 1193.430378 @teamsteem 31
298.6409828 1094.829788 @klye 32
270.8250989 992.8556456 @yabapmatt 33
295.7605814 1084.270122 @abit 34
262.1576097 961.0802836 @aizensou 35
194.9041798 714.5265192 @charlieshrem 36
197.8169939 725.2050124 @blockbrothers 37
218.9408709 802.6459904 @ihashfury 38
195.9057381 718.1982721 @reggaemuffin 39
175.7319338 644.2402987 @prc 40
176.7008727 647.7924672 @joseph 41
174.7852703 640.7697922 @steempty 42
166.1370514 609.065076 @fyrst-witness 43
164.2066817 601.9882633 @steemed 45
159.4073222 584.3936194 @rival 46
120.0578034 440.1367095 @ocd-witness 47
148.8434748 545.6661324 @therealwolf 48
150.7660625 552.7144159 @patrice 49
58.64000567 214.9766064 @delegate.lafona 50
142.129043 521.0507568 @nextgencrypto 51
104.6765554 383.7484391 @themarkymark 55
113.3215985 415.441513 @liberosist 56
111.4028548 408.4073219 @ats-witness 57
117.1520242 429.484007 @neoxian 58
88.34469186 323.8751741 @steemgigs 59
95.06680329 348.5187035 @dragosroua 60
92.18650982 337.9594325 @steemychicken1 61
85.4754676 313.3564832 @krnel 62
91.22499647 334.4344861 @boatymcboatface 63
88.34476157 323.8754297 @arcange 64
96.03573222 352.0708357 @chitty 65
84.50679771 309.8053007 @chainsquad.com 66
86.42206056 316.8267309 @adsactly-witness 67
77.79227508 285.1895921 @privex 71
64.33671107 235.8609562 @au1nethyb1 73
48.97361701 179.5392389 @sircork 74
55.69557181 204.1821941 @blueorgy 75
54.73416041 200.6576214 @blockchained 76
48.97358954 179.5391382 @asbear 78
57.61437885 211.2166174 @viva.witness 79
38.40992813 140.8123329 @gmuxx 82
36.49446582 133.7901715 @b0y2k 83
39.36733256 144.3222159 @felixxx 84
37.45219848 137.3012577 @kushed 85
35.52932058 130.2519104 @sc-steemit 86
34.57185718 126.7418113 @bue 87
33.61054144 123.2175893 @jatinhota 88
34.56790728 126.7273308 @masteryoda 89
28.80730867 105.6087459 @suggeelson 91
29.76858081 109.132808 @demotruk 92
26.88838807 98.57390621 @yehey 93
26.88435249 98.55911161 @libertyranger 94
19.20489379 70.40590885 @firepower 95
25.92682868 95.04879103 @block-buster 96
23.04647682 84.48930587 @swelker101 98
22.08517989 80.96515289 @jacor-witness 99
22.08520854 80.96525792 @anarcho-andrei 100
10.57493826 38.76814665 @bitrocker2020 101
21.12385175 77.44088545 @imacryptorick 103
14.41695381 52.85312935 @ura-soul 104
18.24338933 66.88099502 @skenan 105
19.20495368 70.40612839 @silversteem 106
17.28593177 63.37091731 @steemitboard 107
5.757008355 21.10542291 @mahdiyari 108
16.32831234 59.86024617 @samrg472 109
16.32459272 59.84660989 @hagie 110
15.36320154 56.32211137 @helo 113
26.88453226 98.55977065 @fubar-bdhr 114
14.40555763 52.8113505 @guiltyparties 115
11.52518805 42.25180038 @stoodkev 117
9.606328875 35.21718591 @windforce 120
8.644890886 31.69251578 @cloh76.witness 121
9.60246049 35.20300425 @jamzed 123
6.721965356 24.64299388 @moisesmcardona 124
6.721970312 24.64301204 @isnochys 125
24.00075646 87.98773321 @zappl 128
6.722038657 24.6432626 @pcste 129
5.76081188 21.11936679 @jrswab 131
5.760722795 21.1190402 @davinci.witness 132
6.722167267 24.64373409 @cryptwo 133
3.845606726 14.09814808 @enginewitty 134
4.803203752 17.60873708 @gridcoin.science 135
3.841618851 14.08352837 @steem-bounty 143
3.841741275 14.08397718 @dropahead 144
3.841716377 14.08388591 @evildido 145
3.841726475 14.08392293 @glowhost-matt 148
1.922798533 7.049056335 @kennybll 156
2.880317162 10.55935793 @precise 157
1.922857104 7.049271059 @cryptohazard 158
0.961404174 3.524546158 @bsameep 160
1.918966925 7.035009507 @crt 161
0.961467838 3.524779553 @ety001 176
0.957538408 3.510374107 @roomservice 201
0.961502121 3.524905236 @puncakbukit 222


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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!


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