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RE: Why you should keep posting even if you get low rewards

in #steemit8 years ago

questions:

Can you ever earn MORE on a post after the 7 days, or does the post payout completely stop after 7 days? Like for example, someone finds something you posted a month after you posted it - could you earn money on it?

Second question - Speaking of the decreasing size of the pool payout - what happens when more and more users are here posting more and more content? Does the pool size increase to handle the influx of users? Or does the money suddenly become even harder to attain because there are more people battling for the same amount of money?

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  1. No, it does not reward you that someone votes on your post after 7 days. This may change in the future, it has changed before. This includes comments as well, they also pay out after 7 days and can't earn any rewards for votes after that.

  2. The rewards pool is constantly filling up with about 46,000 coins every day, independent on how much the value on the market is. The network wish to generate an even amount of new coins every day. If there is a higher demand on pool rewards there will be less "coins" per user, but most likely a higher demand on them will mean a higher value per coin. Source

Vote @sc-steemit for Witness.

Proud Supporter of the Cryptocurrency Gridcoin

Thanks for sorting out the questions @sc-steemit, solid answers in good time.
I like that ;)

That's what the community does, help, teach and learn from each others :)
Looking for unanswered questions are one of the reasons I browse all the new posts on steemit, and to find very good content as well off course @cryptodan :)

thank you, very cool

is there a specific time this pool refills?