WitnessWatch Weekly Report #9: How much do witnesses make?

in witness-category •  last year 


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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 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: $2.02/STEEM
Dates covered by analysis: March 12th - March 18th, 2018


Bar Chart

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

BarSPMar191237.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

top20pieMar191237.png

Tier 2: 21-40

2140pieMar191237.png

Tier 3: 41-60

4160pieMar191237.png

Tier 4: 61-80

6180pieMar191237.png

Tier 5: 81-100

81100pieMar191237.png

Tier 6: Under 100

under100pieMar191237.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
1862.091069 3777.605531 @jesta 1
1862.67532 3778.790795 @gtg 2
1861.509901 3776.426522 @roelandp 3
1861.703974 3776.820235 @good-karma 4
1861.705056 3776.822431 @timcliff 5
1862.093084 3777.609619 @curie 6
1853.942034 3761.073666 @blocktrades 7
1861.899129 3777.216143 @ausbitbank 8
1863.451467 3780.365356 @lukestokes.mhth 9
1863.062338 3779.575935 @someguy123 10
1861.898012 3777.213878 @thecryptodrive 11
1862.09214 3777.607704 @aggroed 12
1862.869232 3779.184183 @smooth.witness 13
1862.287216 3778.003453 @clayop 14
1528.29183 3100.430353 @netuoso 15
1862.671198 3778.782432 @pharesim 16
1862.093137 3777.609726 @anyx 17
1861.899035 3777.215954 @followbtcnews 18
1862.286156 3778.001301 @xeldal 19
1247.782049 2531.362966 @furion 20
1379.853192 2799.294371 @pfunk 21
421.255895 854.5976215 @jerrybanfield 22
423.1963805 858.5342651 @riverhead 23
403.781022 819.1465216 @wackou 24
384.3721898 779.7720178 @busy.witness 25
388.2532378 787.6454609 @liondani 26
378.5430812 767.9465633 @cervantes 27
172.7063956 350.3677377 @bhuz 28
337.7810235 685.2529846 @utopian-io 29
327.1017296 663.5880079 @drakos 30
305.7451482 620.2621247 @teamsteem 31
275.6603746 559.2294454 @klye 32
256.2443409 519.8403319 @abit 33
256.2482948 519.8483531 @yabapmatt 34
214.5130043 435.1803868 @blockbrothers 35
201.8922059 409.5766991 @ihashfury 36
198.9776596 403.6639882 @aizensou 37
194.1226447 393.8146681 @reggaemuffin 38
167.9584443 340.7356164 @charlieshrem 39
186.3607736 378.0682377 @fyrst-witness 40
163.0636004 330.8054954 @prc 41
159.1829429 322.9328445 @patrice 42
146.5659384 297.3368535 @ocd-witness 45
145.5918333 295.3606963 @rival 46
157.235526 318.9821393 @steemed 48
144.6218546 293.3929103 @therealwolf 49
132.0089393 267.805215 @nextgencrypto 51
130.0645692 263.860691 @liberosist 52
116.4712022 236.2839631 @themarkymark 53
127.1500332 257.9480009 @ats-witness 54
75.71000209 153.5921241 @steemgigs 55
45.60452473 92.51744328 @complexring 56
94.15454139 191.0103766 @neoxian 57
90.26964316 183.1291224 @dragosroua 58
73.76777803 149.6519536 @firepower 59
85.41472461 173.2799977 @chitty 61
83.47038304 169.3355314 @arcange 62
71.83024356 145.7212968 @krnel 63
80.56370044 163.4387734 @steemychicken1 64
77.64914047 157.5260348 @boatymcboatface 65
76.67479477 155.5493894 @adsactly-witness 66
63.09177806 127.9936592 @privex 71
30.1061046 61.07595334 @sircork 73
56.29640916 114.2079623 @au1nethyb1 74
50.47519055 102.3985143 @chainsquad.com 75
47.56440697 96.49343678 @asbear 76
8.746740203 17.74442438 @bayareacoins 80
16.51260373 33.49895406 @jacor-witness 81
33.96933332 68.91324682 @b0y2k 82
29.11431696 59.06392367 @emrebeyler 83
16.50153083 33.47649059 @helo 84
26.20467475 53.16116163 @felixxx 85
33.0031452 66.95315064 @block-buster 86
33.00318452 66.9532304 @kushed 87
32.02907871 64.9770717 @steem-bounty 88
31.06289573 63.01698594 @sc-steemit 90
30.08467409 61.03247748 @jatinhota 91
27.17770253 55.13513335 @ura-soul 92
28.1480848 57.10373816 @masteryoda 93
19.40512204 39.36697703 @demotruk 95
26.20381749 53.1594225 @jamzed 96
24.27127466 49.2388922 @yehey 97
22.32260304 45.28564157 @bitrocker2020 98
19.41215752 39.38124984 @mahdiyari 99
10.68342305 21.67335351 @anarcho-andrei 100
21.35675787 43.32624113 @swelker101 102
18.44598417 37.42118362 @justyy 103
7.764986517 15.7527505 @steemitboard 105
16.50158972 33.47661005 @skenan 106
16.49774356 33.46880739 @guiltyparties 107
15.53531339 31.51633491 @silversteem 108
15.53152127 31.50864189 @jrswab 109
15.53148689 31.50857214 @samrg472 110
12.61337377 25.58862523 @imacryptorick 111
11.64631864 23.62677016 @fubar-bdhr 112
14.55708248 29.53180766 @hagie 114
12.61677411 25.59552346 @stoodkev 117
8.731943793 17.71440705 @windforce 121
10.67642655 21.65915978 @jackmiller 123
7.769660611 15.76223278 @cloh76.witness 124
7.765584211 15.75396303 @davinci.witness 125
6.791410063 13.77766568 @sempervideo 127
6.791498242 13.77784457 @isnochys 128
5.817328945 11.80155706 @moisesmcardona 129
2.914683457 5.912989182 @enginewitty 133
5.825378744 11.8178876 @pcste 134
4.855070251 9.849432468 @cryptwo 135
4.855163359 9.849621355 @gridcoin.science 137
0.974090921 1.97612851 @intelliwitness 138
4.855187812 9.849670963 @castellano 139
3.884972405 7.881404667 @evildido 143
2.910626694 5.904759269 @zappl 151
2.910592398 5.904689692 @bobdos 153
2.910651203 5.904808988 @ety001 155
3.884957671 7.881374777 @wehmoen 156
2.90659934 5.896589015 @libertyranger 161
0.970264422 1.96836573 @cryptohazard 164
0.97031832 1.968475073 @bsameep 167
1.940519056 3.936711603 @crt 168
0.970274228 1.968385624 @steemhq.witness 174
0.970058653 1.967948288 @vesteem 198


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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!


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

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