So if I'm doing the math correctly, @riverhead earns 0.961 SP as a "producer reward" twice an hour. Every Hour. For 365 days per year.
That would be 16,836.72 Steem Power in a year, only for being a witness, not for any of his posts, or comments that he's earning rewards on. As a witness, you're already earning more than the average person in this area because you're more visible to the community and more visible to others with high values of Steem Power.
Anyway.. if Steem is worth $4 USD, on average, for an entire year, that's $67,346.88 in USD, just for being witness #25. That's not so bad...
Agreed. It was different of course when it was 7 cents I guess but it will have to be looked at in the near future.
Yeah .. the platform needs to be adaptable though. Something to consider for growth. Maybe we peg witness payouts to SBD similar to how SBD is meant to be pegged to USD $1? That way prices are stable, payouts are predictable, and life is all good!?
The trouble I could see with this idea is if/when SBD gets manipulated by the market and goes above USD $1 per SBD ... or if Witnesses begin manipulating the price of SBD ... incentivizing them to "cheat" to earn more money...
I just noticed he was at 0.191 SP a while back .. that's about 20% of 0.961. I guess he has received some more witness support after DROPPING steemit.chat... very intresting... Get rid of one of your community-supporting project and get more witness support...