Context
STEEM Witnesses are the pillars of the STEEM blockchain but many Steemians don’t even know we exist or don’t even care. Those who know and/or care don’t have much visibility on what the “job” involves or how much witnesses earn.
All witnesses need from you is a witness vote that costs you nothing (it does not use your vote power like a post or comment upvote). By voting for a witness, you are telling the blockchain that you trust that Steemian for performing task of signing blocks and keeping the Steem platform stable and safe.
All the transactions (activities) you perform (create/edit posts, comments, upvotes, transfers etc...) on various Dapps (steemit.com, busy.org, steemconnect.com etc...) have to be witnessed and signed by a software running on a witness node (computer/server) running 24/7/365.25 before being added to the blockchain. This operation can be time consuming and requires some expenses. For doing this work, STEEM Witnesses are getting rewarded with Steem Power for each block that they have signed and successfully added to the blockchain.
Blocks of transactions are processed in rounds of 63 seconds each. In each round, 21 witnesses will be picked to sign the blocks and have 3 seconds to sign. The 21 witnesses in each round are the top 20 witnesses plus 1 witness amoung the remaining (called the Backup Witnesses). The single Backup Witness in each round is selected in a weighted random manner based on their ranking, the higher they rank the more likely they are to be selected.
Every day, the system generates some STEEM tokens that are split into three pools: 1. 65% is allocated to the reward pool that is used to pay author and curation rewards. 2. 15% is allocated as interest to Steem Power holders. 3. 10% is allocated to the Steem Proposal System pool to fund new projects voted by the community. 4. 10% is allocated as producer rewards to the STEEM Witnesses for their work for the blockchain.
Disclaimer
I cannot guarantee 100% accuracy on the numbers found in this post. This is just to give you an idea of the distribution of Steem Power through the witness operations. If you do find an oddity, please let me know and I will make sure to get it fixed.
Burning STEEM and supporting SPS
@steem.dao and @null have been set as the beneficiaries of this post with an allocation of 25% of the author rewards to each.
General Producer Reward SP distribution
There was a total of 799810 blocks produced and 230305.88 SP earned during last week.
The column chart below represents the distribution of Steem Power earned by witnesses over the last week.
Notice the dramatic drop past the rank 20. Remember, each round is composed of each of the Top20 witnesses and one backup witness. This means each Top20 witness has to sign a block every 63 seconds (max), while for a backup witness, it will be much less often. The servers of the Top20 witnesses are thus under higher load/stress than those of the backup witnesses. You need to keep this in mind when looking at their number of missed blocks: 10 missed blocks for a witness at rank 10 does not mean the same as 10 missed blocks for a witness at rank 120 for example.
Producer Reward Report
- Time range: 2019-12-09 00:00:01 to 2019-12-15 23:59:59 UTC
- Average price of 1 STEEM as of today: 0.198 USD (source: median history price from the witness feeds)
- Note: Higher ranked STEEM Witnesses does not always mean higher reward. A high rank and low block production might be sign of of technical difficulty leading to missed blocks or that the witness node was down for maintenance for a certain period of time.
SP distribution by active rank tier, ordered by earnings last week.
Your name might not appear in the charts below due to space limitation, this would change from week to week.
Top20: total of 46509.40 SP earned
Active Rank 21-40: total of 6214.12 SP earned
Active Rank 41-60: total of 2953.73 SP earned
Active Rank 61-80: total of 1549.56 SP earned
Active Rank 81-100: total of 399.30 SP earned
Active Rank 101-120: total of 28.08 SP earned
Under 120: total of 0.00 SP earned
All tiers combined ordered by SP earned.
Here is the full report from all active STEEM Witnesses. Please also take this opportunity to see what they do for the community and cast a vote for them in order to help the platform.
Reminder: the average price of 1 STEEM as of today is 0.198 USD (source: median history price from the witness feeds)
- Note 1: Blocks can be missed for various reasons including technical issues, misconfiguration, bugs in a new version of the blockchain software etc... and the higher your rank, the higher the chance it can happen.
- Note 2: some witnesses are managing multiple projects for Steem and the communities in addition to maintaining their various nodes and hence don't often post.
- Note 3: click on the witness names to get to their witness announcement post.
Last week earnings (ordered by amount earned ):
No.|Witness|Earnings SP/USD
-|-|-
1|@blocktrades - active rank: 4
Signed 9549 blocks, missed 0 (0.00%), now on blockchain v0.22.1.
Content: 1 posts & 7 comments
Top tags: #law, #software|2327.64 SP, $461.59
1.01%, 0.24 SP/block
2|@someguy123 - active rank: 9
Signed 9549 blocks, missed 0 (0.00%), now on blockchain v0.22.1.
Content: 0 posts & 1 comments|2327.64 SP, $461.59
1.01%, 0.24 SP/block
3|@cervantes - active rank: 19
Signed 9548 blocks, missed 0 (0.00%), now on blockchain v0.22.0.
Content: 12 posts & 0 comments
Top tags: #cervantes, #curation, #hive-133872, #steempress, #blog|2327.41 SP, $461.54
1.01%, 0.24 SP/block
4|@thecryptodrive - active rank: 15
Signed 9548 blocks, missed 0 (0.00%), now on blockchain v0.22.1.
Content: 0 posts & 11 comments|2327.39 SP, $461.54
1.01%, 0.24 SP/block
5|@smooth.witness - active rank: 12
Signed 9547 blocks, missed 0 (0.00%), now on blockchain v0.22.0.
Content: 0 posts & 0 comments|2327.15 SP, $461.49
1.01%, 0.24 SP/block
6|@ausbitbank - active rank: 10
Signed 9546 blocks, missed 0 (0.00%), now on blockchain v0.22.1.
Content: 0 posts & 1 comments|2326.91 SP, $461.44
1.01%, 0.24 SP/block
7|@steempress - active rank: 20
Signed 9542 blocks, missed 1 (0.01%), now on blockchain v0.22.1.
Content: 0 posts & 0 comments|2325.93 SP, $461.25
1.01%, 0.24 SP/block
8|@gtg - active rank: 5
Signed 9542 blocks, missed 0 (0.00%), now on blockchain v0.22.1.
Content: 0 posts & 20 comments|2325.93 SP, $461.25
1.01%, 0.24 SP/block
9|@curie - active rank: 16
Signed 9540 blocks, missed 1 (0.01%), now on blockchain v0.22.1.
Content: 5 posts & 83 comments
Top tags: #palnet, #curation, #art, #curie, #engagement|2325.45 SP, $461.16
1.01%, 0.24 SP/block
10|@good-karma - active rank: 8
Signed 9540 blocks, missed 0 (0.00%), now on blockchain v0.22.0.
Content: 0 posts & 4 comments|2325.44 SP, $461.15
1.01%, 0.24 SP/block
11|@followbtcnews - active rank: 18
Signed 9538 blocks, missed 2 (0.02%), now on blockchain v0.22.1.
Content: 0 posts & 0 comments|2324.96 SP, $461.06
1.01%, 0.24 SP/block
12|@roelandp - active rank: 1
Signed 9538 blocks, missed 0 (0.00%), now on blockchain v0.22.1.
Content: 0 posts & 0 comments|2324.96 SP, $461.06
1.01%, 0.24 SP/block
13|@ocd-witness - active rank: 14
Signed 9537 blocks, missed 0 (0.00%), now on blockchain v0.22.0.
Content: 0 posts & 0 comments|2324.72 SP, $461.01
1.01%, 0.24 SP/block
14|@therealwolf - active rank: 17
Signed 9537 blocks, missed 0 (0.00%), now on blockchain v0.22.0.
Content: 0 posts & 0 comments|2324.72 SP, $461.01
1.01%, 0.24 SP/block
15|@drakos - active rank: 11
Signed 9537 blocks, missed 0 (0.00%), now on blockchain v0.22.1.
Content: 0 posts & 4 comments|2324.71 SP, $461.01
1.01%, 0.24 SP/block
16|@anyx - active rank: 13
Signed 9537 blocks, missed 1 (0.01%), now on blockchain v0.22.0.
Content: 0 posts & 0 comments|2324.71 SP, $461.01
1.01%, 0.24 SP/block
17|@timcliff - active rank: 7
Signed 9536 blocks, missed 0 (0.00%), now on blockchain v0.22.1.
Content: 0 posts & 0 comments|2324.47 SP, $460.96
1.01%, 0.24 SP/block
18|@aggroed - active rank: 6
Signed 9535 blocks, missed 0 (0.00%), now on blockchain v0.22.1.
Content: 5 posts & 6 comments
Top tags: #palnet, #neoxian, #steem, #malware, #spt|2324.23 SP, $460.91
1.01%, 0.24 SP/block
19|@themarkymark - active rank: 3
Signed 9533 blocks, missed 0 (0.00%), now on blockchain v0.22.0.
Content: 4 posts & 59 comments
Top tags: #palnet, #neoxian, #lifestyle, #busy, #threespeak|2323.73 SP, $460.81
1.01%, 0.24 SP/block
20|@yabapmatt - active rank: 2
Signed 9523 blocks, missed 1 (0.01%), now on blockchain v0.22.0.
Content: 0 posts & 9 comments|2321.30 SP, $460.33
1.01%, 0.24 SP/block
21|@clayop - active rank: 21
Signed 335 blocks, missed 0 (0.00%), now on blockchain v0.22.0.
Content: 1 posts & 2 comments
Top tags: #kr, #liv, #sct, #zzan|409.07 SP, $81.12
0.18%, 1.22 SP/block
22|@lukestokes.mhth - active rank: 22
Signed 327 blocks, missed 0 (0.00%), now on blockchain v0.22.1.
Content: 0 posts & 0 comments|399.30 SP, $79.18
0.17%, 1.22 SP/block
23|@actifit - active rank: 23
Signed 311 blocks, missed 0 (0.00%), now on blockchain v0.22.0.
Content: 4 posts & 1998 comments
Top tags: #actifit, #sportstalk, #palnet, #busy, #fitness|379.76 SP, $75.31
0.16%, 1.22 SP/block
24|@emrebeyler - active rank: 24
Signed 308 blocks, missed 0 (0.00%), now on blockchain v0.22.1.
Content: 0 posts & 0 comments|376.10 SP, $74.58
0.16%, 1.22 SP/block
25|@jesta - active rank: 25
Signed 306 blocks, missed 0 (0.00%), now on blockchain v0.22.1.
Content: 0 posts & 0 comments|373.66 SP, $74.10
0.16%, 1.22 SP/block
26|@steempeak - active rank: 26
Signed 293 blocks, missed 0 (0.00%), now on blockchain v0.22.1.
Content: 1 posts & 5 comments
Top tags: #neoxian, #palnet, #steem, #steempeak, #witness|357.79 SP, $70.95
0.16%, 1.22 SP/block
27|@stoodkev - active rank: 27
Signed 263 blocks, missed 0 (0.00%), now on blockchain v0.22.0.
Content: 2 posts & 39 comments
Top tags: #steem, #pitch, #marketing, #witness-update, #witness|321.15 SP, $63.69
0.14%, 1.22 SP/block
28|@pharesim - active rank: 30
Signed 262 blocks, missed 1 (0.38%), now on blockchain v0.22.0.
Content: 0 posts & 0 comments|319.92 SP, $63.44
0.14%, 1.22 SP/block
29|@liondani - active rank: 29
Signed 255 blocks, missed 0 (0.00%), now on blockchain v0.22.1.
Content: 1 posts & 1 comments
Top tags: #arizona, #efraim, #jesus, #saint, #usa|311.39 SP, $61.75
0.14%, 1.22 SP/block
30|@abit - active rank: 28
Signed 255 blocks, missed 0 (0.00%), now on blockchain v0.22.1.
Content: 2 posts & 0 comments
Top tags: #market-making, #trading, #contest|311.38 SP, $61.75
0.14%, 1.22 SP/block
31|@riverhead - active rank: 33
Signed 254 blocks, missed 0 (0.00%), now on blockchain v0.22.1.
Content: 0 posts & 0 comments|310.17 SP, $61.51
0.13%, 1.22 SP/block
32|@pfunk - active rank: 34
Signed 254 blocks, missed 0 (0.00%), now on blockchain v0.22.1.
Content: 0 posts & 1 comments|310.16 SP, $61.51
0.13%, 1.22 SP/block
33|@bhuz - active rank: 31
Signed 248 blocks, missed 0 (0.00%), now on blockchain v0.22.0.
Content: 0 posts & 0 comments|302.83 SP, $60.05
0.13%, 1.22 SP/block
34|@busy.witness - active rank: 32
Signed 246 blocks, missed 0 (0.00%), now on blockchain v0.22.0.
Content: 0 posts & 0 comments|300.39 SP, $59.57
0.13%, 1.22 SP/block
35|@arcange - active rank: 36
Signed 234 blocks, missed 0 (0.00%), now on blockchain v0.22.1.
Content: 22 posts & 451 comments
Top tags: #steem, #palnet, #hit-parade, #steemleo, #statistics|285.73 SP, $56.66
0.12%, 1.22 SP/block
36|@wise-team - active rank: 35
Signed 228 blocks, missed 0 (0.00%), now on blockchain v0.22.1.
Content: 0 posts & 0 comments|278.41 SP, $55.21
0.12%, 1.22 SP/block
37|@blockbrothers - active rank: 37
Signed 216 blocks, missed 0 (0.00%), now on blockchain v0.22.1.
Content: 2 posts & 2 comments
Top tags: #blockbrothers, #witness, #steem|263.75 SP, $52.30
0.11%, 1.22 SP/block
38|@xeldal - active rank: 40
Signed 211 blocks, missed 0 (0.00%), now on blockchain v0.22.1.
Content: 0 posts & 0 comments|257.65 SP, $51.09
0.11%, 1.22 SP/block
39|@steemhunt - active rank: 39
Signed 206 blocks, missed 0 (0.00%), now on blockchain v0.22.0.
Content: 8 posts & 349 comments
Top tags: #steemhunt, #neoxian, #palnet, #marlians, #zzan|251.54 SP, $49.88
0.11%, 1.22 SP/block
40|@kevinwong - active rank: 41
Signed 182 blocks, missed 0 (0.00%), now on blockchain v0.22.1.
Content: 0 posts & 0 comments|222.24 SP, $44.07
0.10%, 1.22 SP/block
41|@holger80 - active rank: 45
Signed 169 blocks, missed 0 (0.00%), now on blockchain v0.22.1.
Content: 0 posts & 0 comments|206.36 SP, $40.92
0.09%, 1.22 SP/block
42|@helpie - active rank: 42
Signed 167 blocks, missed 0 (0.00%), now on blockchain v0.22.1.
Content: 1 posts & 1 comments
Top tags: #contest, #creativecoin, #helpiecake, #palnet, #wackywednesday|203.92 SP, $40.44
0.09%, 1.22 SP/block
43|@ihashfury - active rank: 43
Signed 158 blocks, missed 0 (0.00%), now on blockchain v0.22.1.
Content: 0 posts & 0 comments|192.93 SP, $38.26
0.08%, 1.22 SP/block
44|@aizensou - active rank: 44
Signed 155 blocks, missed 0 (0.00%), now on blockchain v0.22.1.
Content: 0 posts & 0 comments|189.26 SP, $37.53
0.08%, 1.22 SP/block
45|@jackmiller - active rank: 46
Signed 149 blocks, missed 0 (0.00%), now on blockchain v0.22.1.
Content: 3 posts & 2 comments
Top tags: #humanity, #christianity, #steemchurch, #steemians, #sacrifice|181.94 SP, $36.08
0.08%, 1.22 SP/block
46|@neoxian - active rank: 47
Signed 134 blocks, missed 0 (0.00%), now on blockchain v0.22.0.
Content: 1 posts & 4 comments
Top tags: #bank, #loan, #neoxian, #palnet|163.62 SP, $32.45
0.07%, 1.22 SP/block
47|@c-squared - active rank: 48
Signed 121 blocks, missed 0 (0.00%), now on blockchain v0.22.1.
Content: 0 posts & 518 comments|147.76 SP, $29.30
0.06%, 1.22 SP/block
48|@firepower - active rank: 49
Signed 120 blocks, missed 0 (0.00%), now on blockchain v0.22.1.
Content: 2 posts & 1 comments
Top tags: #steemchat, #steem, #contest, #blog, #firepower|146.53 SP, $29.06
0.06%, 1.22 SP/block
49|@coingecko - active rank: 50
Signed 120 blocks, missed 0 (0.00%), now on blockchain v0.22.1.
Content: 7 posts & 3 comments
Top tags: #cryptocurrency, #trading, #bitcoin, #steem, #coingecko|146.53 SP, $29.06
0.06%, 1.22 SP/block
50|@guiltyparties - active rank: 51
Signed 116 blocks, missed 0 (0.00%), now on blockchain v0.22.1.
Content: 14 posts & 34 comments
Top tags: #curation, #community, #steemsilvergold, #silver, #gold|141.64 SP, $28.09
0.06%, 1.22 SP/block
51|@steemitboard - active rank: 53
Signed 102 blocks, missed 0 (0.00%), now on blockchain v0.22.1.
Content: 0 posts & 14654 comments|124.55 SP, $24.70
0.05%, 1.22 SP/block
52|@proxy.token - active rank: 52
Signed 101 blocks, missed 0 (0.00%), now on blockchain v0.22.1.
Content: 0 posts & 0 comments|123.32 SP, $24.46
0.05%, 1.22 SP/block
53|@steemgigs - active rank: 54
Signed 96 blocks, missed 0 (0.00%), now on blockchain v0.22.1.
Content: 0 posts & 0 comments|117.22 SP, $23.25
0.05%, 1.22 SP/block
54|@nextgencrypto - active rank: 56
Signed 93 blocks, missed 0 (0.00%), now on blockchain v0.22.1.
Content: 0 posts & 0 comments|113.56 SP, $22.52
0.05%, 1.22 SP/block
55|@c0ff33a - active rank: 57
Signed 92 blocks, missed 0 (0.00%), now on blockchain v0.22.1.
Content: 9 posts & 97 comments
Top tags: #thealliance, #marlians, #dblog, #c0ff33, #neoxag|112.34 SP, $22.28
0.05%, 1.22 SP/block
56|@justyy - active rank: 55
Signed 92 blocks, missed 0 (0.00%), now on blockchain v0.22.1.
Content: 10 posts & 4 comments
Top tags: #cn, #sct, #cn-stats, #stats, #promo-cn|112.33 SP, $22.28
0.05%, 1.22 SP/block
57|@fyrst-witness - active rank: 59
Signed 89 blocks, missed 0 (0.00%), now on blockchain v0.22.1.
Content: 0 posts & 0 comments|108.68 SP, $21.55
0.05%, 1.22 SP/block
58|@dragosroua - active rank: 61
Signed 88 blocks, missed 0 (0.00%), now on blockchain v0.22.1.
Content: 2 posts & 0 comments
Top tags: #steemit, #witness, #witness-category, #community, #snax|107.45 SP, $21.31
0.05%, 1.22 SP/block
59|@delegate.lafona - acti