The more invested in steem power you are the bigger weight your vote carries. Although depending on how many votes you cast in a really short amount of time your voting power is split between all those votes. It resets every 36 minutes and then you have your full voting power again.
Steep power also pays interest which is actually quite significant. There's a bunch of reasons to hold steem power read up on those perhaps. But basically SP is your influence in this system. Hope that kinda helps.
You are spot on and correct.
Thank you, I appreciate it. I won't say that I know exactly how SP works, because I don't, but I do know a bit about it at least. And that's actually the reason for my question to begin with.
I understand that SP is the major thing here. I know it truly is POWER we're talking about.. And I don't mind getting paid $0,10 or $45, or nothing at all that doesn't matter at all. I'm just glad to be here as I believe steemit is awesome. It's unique and cool and you CAN make money by making posts. Nothing says that you WILL do it. You CAN.
But that's not the reason for my post. I don't care about the actual earnings, I'm eager to fully understand WHY this happens and HOW it can be such a big difference between 2 posts I've made, when the post with LESS votes EARNS more, even though the voters have more or less the SAME amount of SP in total on both posts.
I wouldn't wonder about this if the post with more votes had LESS SP in total. (by combining the voters SP.)
Maybe the question is answered a long time ago but from what i understand there are several variables which interact with each other. I don't know any formula it's just qualitative guess from what i'd read and learned here on Steemit:
Is that true or has that changed already?
1.,2. and 3. are combined in some formula with a few more parameters i think. STEEM POWER and VESTS are connected. That's my simple understanding without knowing details in depth.
If you drain your VOTING POWER to maybe 13% then you've a lot less influence and a lot less payout from your vote. I tried that, it's true! :)
The 20-30 recommended upvote limit is based on the regeneration curve i think, it's not linear. If you do heavily voting, maybe 100 upvotes in a hour you'll will be at a very low VP value e. g. 15 and the refill rate (water drops per minute) is much slower in comparison to a VP value of 50 but will increase over time and may accelerate (no evidence). I think it's similar to the following chart (just a guess by me, could be a more complex function or maybe it's linear and there is a defined number of votes per day e. g. 23.2 as parameter for 100% regenerating per day, i don't know)
chart deleted by onetin84, i think VPregeneration is more linear than i thought
The prinicple for me is to not exaggerate on voteups because the VP regenerates very slowly and you must wait for days do get your full voting power back.
A fork last month changed the draining in voting power by factor 4 with a full vote (100% slider) like @sykochica explained. @andrejcibik experienced a strange slow regeneration, don't know if it's true but something to do further research on that topic if maybe no voting leads to slower regeneration and maybe you must vote wether or not you have a low VP level. Many questions .. i'm curious
I am Cornholio! (Whoa! Hm heh... that was cool) I need T.P. for my bunghole! Come out with your pants down!