Repository
https://github.com/steemit/steem
Every month I produce a Post benchmarking report with the aims of:
• Aiding the Steemit Community with a place to benchmark their posts and growth
• Create a report that can be used for comparisons in other periods
• To track my personal targets and record achievements
Over the last few months I have added new data to this report, including comparisons to the same period last year, top earn authors and authors with the highest number of votes. This month I have added some more details on Flags.
If you missed last month’s full report you can read it here:
Note: In last month’s report I made an adjustment for dust payments. However this adjustment was not required as the data used, already include removing dust payments. I would like to thank @crokkon for pointing this out to me.
Financial Performance
May ’17 Report
April ’18 Report
May ‘18 Report
In May ’18 the % of posts with No pay-out was almost 14.55% up from 12.27% in April. Although in April ’17 this was 56.23%
The % of posts with a pay-out of <$1 is down to 63.99% from 63.62% in March. The number of posts that earned over $500 reduced from 86 in April to 66 in May.
The average post pay-out value in May ’18 was $2.73. In April ’18 was $3.18. In March it was $1.76 SBD, $2.56 SBD in Feb and $3.81 SBD in Jan. If we exclude posts with no pay-out the average post pay-out increases to $3.20 SBD. In April the average post pay-out excluding post with no pay-out was $3.63 SBD. In May ’17 these values were $7.96 SBD and $9.11 SBD.
The number of posts increased from April 18 to May 18 by 11%, although the pay-out value decreased by 4% for the same period.
However, from April ’17 to April ’18 the number of posts increased by 905% and the total pay-out value by 202%.
My Stats
With 1 less post in May than I had in April, my total post pay-out is only down $5 SBD. This month I had 8% of posts in the pay-out range of < $20 SBD and 68% of my posts earned more than $101. My posts have earned on average $49 which is considerably higher than the average post on Steemit.
Top Authors based on pay-outs
From this report we can see that many of the top earns from last month are still on the list. @burnpost is still in the top list, showing a little karma!
Top Category’s
The 4 top category remain the same as last month. There is some movement between the remaining categories.
In May 2017 the top 4 categories were life, kr, steemit and photography.
Comments
May ‘17
April ‘18
May ‘18
The % of posts with no comments is up from 41.35% in April to 45.72% in May. This has been offset with the % of posts between 2-10 comments.
From April ’17 to April ’18 the % of posts that received no comments increased from 37.68% to 45.72%.
My Stats
In May 51% of my post received 51+ comments. Really happy to see 3 of my posts (15.5%) received 100+ comments. That places 3 of my posts in the top 0.1% of posts when it comes to engagement via comments.
Votes
May ‘17
April ‘18
May ‘18
The % of posts with 0 net votes has reduced from 5.3% in April to 8.9% in May. However this was only 0.56% in May ‘17.
The average number of votes per post in May ‘18 was 17.72, down from 18.97 in April ‘18.
My Stats
Awesome 100% of my posts received 51+ votes without the use of voting bots.
Flags
In votes above we also have flags, however combined only 0.82% of posts had a net downvote status. Below is some further information on flags. 46.8K posts received 1 or more flags( this is posts not comments). This makes up 3.97% of all posts made. In the first table we can see the authors with the highest % of flags and after this we can see the time series for when flags were given.
Other Data
The line chart above represents the number of new posts per day in May 18 and the bar chart below that shows the peak posting hours.
Conclusion
As the price of STEEM and SBD was on a downward trend in May, this has had a direct impact in the worth of a vote and so the financial performance of posts.
The number of posts made this month was up on last month, although the number of new accounts registering was down.
It is disappointing to see the % of posts with no comments is up on last month. However from this analysis it is hard to see why this has happened. Was it the quality of the posts, or is some of it down to @Dlive moving comments of the blockchain?
If you missed the report on new users for May you can check it out here
With regards to my own data, I am really happy to see the increase in engagement and delighted with my overall performance.
So how did your posts preform in May ’18 - Please do comment below and let me know.
The Data source and Query
As always I have connected to Steemsql managed by @arcange using Power BI and the query is used
for 2018 data was
SELECT author, category, created, children, total_payout_value, net_votes, pending_payout_value FROM Comments (NOLOCK) where created >= CONVERT(DATE,'2018-05-01') and created< CONVERT(DATE,'2018-06-01') and depth = 0And 2017 query was
SELECT author, category, created, children, total_payout_value, net_votes, pending_payout_value FROM Comments (NOLOCK) where created >= CONVERT(DATE,'2017-05-01') and created< CONVERT(DATE,'2017-06-01') and depth = 0I am part of a Blockchain Business Intelligence community. We all post under the tag #blockchainbi. If you have an analysis you would like carried out on Steemit data, please do contact me or any of the #blockchainbi team and we will do our best to help you...
You can find #blockchainbi on discord https://discordapp.com/invite/JN7Yv7j
It would be interesting to see the median post pay-out value - not the average post pay-out value. It would show that the payout of the most steemians is extremely low 😔 @peekbit
I will include it in next months report :-)
😊 I'm already curious...
me too...
i got flagged by berniesanders and some club of 8 others for commenting on one of ned's posts yesterday, they were trashing everyone there for awhile.
https://steemit.com/gathering/@ned/steemit-is-hiring#@clumsysilverdad/re-ned-steemit-is-hiring-20180613t160751100z
lol hate that. No point in my trying to upvote it, have not enough power
I like this report! Hope I knew how to make it myself or found a way to learn!
If I can throw in a couple of suggestions?... I think you could add some dimension to this analysis by looking at how much money was invested in Steem vs. how much money was taken out, and if you divide that by the same categories you are dividing the current charts (by how much posts earn), then this would tell us if the old claim of "minnows are destructing the platform with their endless mining" is fact or foe.
Also, for the money invested, it should be interesting to see how much were just power ups from accumulated post payouts vs. external money coming into the platform, and who made those decisions (Minnows, Dolphins, Whales?) .. Are the whales/dolphins getting ahead so fast that there is no way to achieve a better distribution of stake other than attract external investment?
Also a pie chart with a distribution of SP and # of users. This may be available already...
It seems to me (other opinions welcome!), that external investment is not encouraged by these results. I bet that if we look at the charts I've proposed we will see that it would take an obscene amount of money for someone new to get to a point where he can earn a decent, steady income for regularly blogging good content. If I'm right, then the system is encouraging shitposting, cause you have to make it efficient to rise through the ranks, knowing that the battle is against big, ever growing giants!
I've also heard that retention is an issue, and with this data I'm not really surprised, assuming most of the unused accounts are owned by people whose posts never got more than 1$ in rewards.
Overall, if we can make a report that gives us the full picture, then surely the very intelligent people of steemit will start providing ideas for solving this platform's growth bottlenecks. And these ideas will not be based on opinions, but facts.
hi and thank you for your feedback. Looking at what you are suggesting, it does not fit in with a post benchmarking report and has no impact on posts and does not give anyone a way of comparing how their posts preform.
On saying that, we have looked at a lot of this data in the past and if you do a search you will find the reports you are looking for
Thank you for your answer. I will do a search as you recommend. If you have any suggestions on user names that regularly post information like what i'm looking for, it would be greatly appreciated. Kind regards.
.
thanks @crokkon
The magic. All it needs is the right spell. Thanks, Ma'am.
This actually looks pretty encouraging to me. It's difficult to look at 64% of posts with no payouts as a positive, but you have to discount the amount of spam and general crap written for no audience.
I'd be interested to see how much of that 64% with no payout came from accounts that had 25 or less rep to identify spammy accounts.
many of these spam accounts are highlighed in the new steemit user report each month
My respect to your job what you give us a detail information on steemit.
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