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:
- 65% is allocated to the reward pool that is used to pay author and curation rewards.
- 15% is allocated as interest to Steem Power holders.
- 10% is allocated to the Steem Proposal System pool to fund new projects voted by the community.
- 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 785666 blocks produced and 224760.04 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: 2020-02-17 00:00:01 to 2020-02-23 23:59:59 UTC
- Average price of 1 STEEM as of today: 0.218 USD (source: average price from feed history over 3.5 days)
- 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 43029.49 SP earned
Active Rank 21-40: total of 9081.72 SP earned
Active Rank 41-60: total of 2742.98 SP earned
Active Rank 61-80: total of 1217.56 SP earned
Active Rank 81-100: total of 265.16 SP earned
Active Rank 101-120: total of 19.46 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 0.218 USD (source: average price from feed history over 3.5 days)
- 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 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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1 | @good-karma - active rank: 11 Signed 9409 blocks with v0.22.2, missed 0 (0.00%). 2284.33 SP/w, $498.04/w |
1.02%, 0.24 SP/block 2 | @ausbitbank - active rank: 18 | Signed 9408 blocks with v0.22.2, missed 0 (0.00%). 2284.10 SP/w, $497.99/w |
1.02%, 0.24 SP/block 3 | @blocktrades - active rank: 6 | Signed 9400 blocks with v0.22.1, missed 1 (0.01%). 2282.17 SP/w, $497.57/w |
1.02%, 0.24 SP/block 4 | @lukestokes.mhth - active rank: 9 | Signed 9398 blocks with v0.22.2, missed 0 (0.00%). 2281.67 SP/w, $497.46/w |
1.02%, 0.24 SP/block 5 | @ocd-witness - active rank: 17 | Signed 9398 blocks with v0.22.2, missed 0 (0.00%). 2281.66 SP/w, $497.46/w |
1.02%, 0.24 SP/block 6 | @roelandp - active rank: 3 | Signed 9394 blocks with v0.22.2, missed 0 (0.00%). 2280.69 SP/w, $497.24/w |
1.01%, 0.24 SP/block 7 | @therealwolf - active rank: 13 | Signed 9392 blocks with v0.22.2, missed 1 (0.01%). 2280.17 SP/w, $497.13/w |
1.01%, 0.24 SP/block 8 | @anyx - active rank: 16 | Signed 9388 blocks with v0.22.1, missed 0 (0.00%). 2279.26 SP/w, $496.93/w |
1.01%, 0.24 SP/block 9 | @aggroed - active rank: 20 | Signed 9387 blocks with v0.22.2, missed 0 (0.00%). 2279.01 SP/w, $496.88/w |
1.01%, 0.24 SP/block 10 | @themarkymark - active rank: 5 | Signed 9386 blocks with v0.22.2, missed 2 (0.02%). 2278.78 SP/w, $496.83/w |
1.01%, 0.24 SP/block 11 | @yabapmatt - active rank: 4 | Signed 9380 blocks with v0.22.2, missed 0 (0.00%). 2277.29 SP/w, $496.50/w |
1.01%, 0.24 SP/block 12 | @thecryptodrive - active rank: 15 | Signed 9374 blocks with v0.22.2, missed 0 (0.00%). 2275.83 SP/w, $496.19/w |
1.01%, 0.24 SP/block 13 | @gtg - active rank: 7 | Signed 9374 blocks with v0.22.1, missed 0 (0.00%). 2275.83 SP/w, $496.18/w |
1.01%, 0.24 SP/block 14 | @steempeak - active rank: 14 | Signed 9373 blocks with v0.22.1, missed 0 (0.00%). 2275.59 SP/w, $496.13/w |
1.01%, 0.24 SP/block 15 | @cervantes - active rank: 12 | Signed 9370 blocks with v0.22.1, missed 0 (0.00%). 2274.86 SP/w, $495.97/w |
1.01%, 0.24 SP/block 16 | @someguy123 - active rank: 1 | Signed 9369 blocks with v0.22.2, missed 2 (0.02%). 2274.63 SP/w, $495.92/w |
1.01%, 0.24 SP/block 17 | @smooth.witness - active rank: 10 | Signed 9021 blocks with v0.22.0, missed 0 (0.00%). 2189.71 SP/w, $477.41/w |
0.97%, 0.24 SP/block 18 | @clayop - active rank: 21 | Signed 8592 blocks with v0.22.0, missed 1 (0.01%). 2095.03 SP/w, $456.77/w |
0.93%, 0.24 SP/block 19 | @timcliff - active rank: 2 | Signed 8000 blocks with v0.22.1, missed 0 (0.00%). 2001.55 SP/w, $436.39/w |
0.89%, 0.25 SP/block 20 | @emrebeyler - active rank: 8 | Signed 6835 blocks with v0.22.2, missed 0 (0.00%). 1764.93 SP/w, $384.80/w |
0.79%, 0.26 SP/block 21 | @drakos - active rank: 23 | Signed 3037 blocks with v0.22.2, missed 1 (0.03%). 992.26 SP/w, $216.34/w |
0.44%, 0.33 SP/block 22 | @curie - active rank: 24 | Signed 1915 blocks with v0.22.1, missed 0 (0.00%). 778.58 SP/w, $169.75/w |
0.35%, 0.41 SP/block 23 | @actifit - active rank: 19 | Signed 1104 blocks with v0.22.1, missed 0 (0.00%). 607.43 SP/w, $132.43/w |
0.27%, 0.55 SP/block 24 | @followbtcnews - active rank: 22 | Signed 547 blocks with v0.22.2, missed 0 (0.00%). 472.84 SP/w, $103.09/w |
0.21%, 0.86 SP/block 25 | @jesta - active rank: 25 | Signed 376 blocks with v0.22.1, missed 0 (0.00%). 457.37 SP/w, $99.72/w |
0.20%, 1.22 SP/block 26 | @steempress - active rank: 26 | Signed 349 blocks with v0.22.2, missed 0 (0.00%). 424.53 SP/w, $92.56/w |
0.19%, 1.22 SP/block 27 | @stoodkev - active rank: 28 | Signed 311 blocks with v0.22.0, missed 0 (0.00%). 378.29 SP/w, $82.48/w |
0.17%, 1.22 SP/block 28 | @abit - active rank: 27 | Signed 299 blocks with v0.22.2, missed 0 (0.00%). 363.86 SP/w, $79.33/w |
0.16%, 1.22 SP/block 29 | @pharesim - active rank: 29 | Signed 261 blocks with v0.22.0, missed 0 (0.00%). 317.48 SP/w, $69.22/w |
0.14%, 1.22 SP/block 30 | @busy.witness - active rank: 31 | Signed 238 blocks with v0.22.0, missed 0 (0.00%). 289.50 SP/w, $63.12/w |
0.13%, 1.22 SP/block 31 | @liondani - active rank: 30 | Signed 238 blocks with v0.22.2, missed 0 (0.00%). 289.49 SP/w, $63.12/w |
0.13%, 1.22 SP/block 32 | @arcange - active rank: 33 | Signed 229 blocks with v0.22.1, missed 0 (0.00%). 278.57 SP/w, $60.73/w |
0.12%, 1.22 SP/block 33 | @bhuz - active rank: 32 | Signed 227 blocks with v0.22.2, missed 0 (0.00%). 276.12 SP/w, $60.20/w |
0.12%, 1.22 SP/block 34 | @riverhead - active rank: 36 | Signed 225 blocks with v0.22.1, missed 0 (0.00%). 273.68 SP/w, $59.67/w |
0.12%, 1.22 SP/block 35 | @pfunk - active rank: 34 | Signed 223 blocks with v0.22.1, missed 0 (0.00%). 271.23 SP/w, $59.14/w |
0.12%, 1.22 SP/block 36 | @blockbrothers - active rank: 35 | Signed 210 blocks with v0.22.1, missed 0 (0.00%). 255.53 SP/w, $55.71/w |
0.11%, 1.22 SP/block 37 | @wise-team - active rank: 37 | Signed 206 blocks with v0.22.1, missed 0 (0.00%). 250.60 SP/w, $54.64/w |
0.11%, 1.22 SP/block 38 | @steemhunt - active rank: 39 | Signed 192 blocks with v0.22.0, missed 0 (0.00%). 233.55 SP/w, $50.92/w |
0.10%, 1.22 SP/block 39 | @holger80 - active rank: 40 | Signed 169 blocks with v0.22.1, missed 0 (0.00%). 205.57 SP/w, $44.82/w |
0.09%, 1.22 SP/block 40 | @kevinwong - active rank: 42 | Signed 161 blocks with v0.22.1, missed 0 (0.00%). 195.77 SP/w, $42.68/w |
0.09%, 1.22 SP/block 41 | @ihashfury - active rank: 41 | Signed 159 blocks with v0.22.1, missed 0 (0.00%). 193.40 SP/w, $42.17/w |
0.09%, 1.22 SP/block 42 | @aizensou - active rank: 43 | Signed 148 blocks with v0.22.2, missed 0 (0.00%). 180.02 SP/w, $39.25/w |
0.08%, 1.22 SP/block 43 | @netuoso - active rank: 38 | Signed 146 blocks with v0.22.2, missed 0 (0.00%). 177.62 SP/w, $38.72/w |
0.08%, 1.22 SP/block 44 | @neoxian - active rank: 45 | Signed 141 blocks with v0.22.0, missed 0 (0.00%). 171.52 SP/w, $37.40/w |
0.08%, 1.22 SP/block 45 | @jackmiller - active rank: 48 | Signed 134 blocks with v0.22.2, missed 0 (0.00%). 163.00 SP/w, $35.54/w |
0.07%, 1.22 SP/block 46 | @coingecko - active rank: 44 | Signed 134 blocks with v0.22.1, missed 0 (0.00%). 162.99 SP/w, $35.54/w |
0.07%, 1.22 SP/block 47 | @c-squared - active rank: 46 | Signed 131 blocks with v0.22.1, missed 0 (0.00%). 159.34 SP/w, $34.74/w |
0.07%, 1.22 SP/block 48 | @quochuy - active rank: 47 | Signed 130 blocks with v0.22.1, missed 0 (0.00%). 158.16 SP/w, $34.48/w |
0.07%, 1.22 SP/block 49 | @proxy.token - active rank: 49 | Signed 127 blocks with v0.22.1, missed 0 (0.00%). 154.51 SP/w, $33.69/w |
0.07%, 1.22 SP/block 50 | @guiltyparties - active rank: 50 | Signed 119 blocks with v0.22.1, missed 0 (0.00%). 144.76 SP/w, $31.56/w |
0.06%, 1.22 SP/block 51 | @firepower - active rank: 51 | Signed 115 blocks with v0.22.1, missed 0 (0.00%). 139.89 SP/w, $30.50/w |
0.06%, 1.22 SP/block 52 | @steemitboard - active rank: 52 | Signed 109 blocks with v0.22.1, missed 0 (0.00%). 132.59 SP/w, $28.91/w |
0.06%, 1.22 SP/block 53 | @c0ff33a - active rank: 54 | Signed 95 blocks with v0.22.2, missed 1 (1.04%). 115.55 SP/w, $25.19/w |
0.05%, 1.22 SP/block 54 | @justyy - active rank: 53 | Signed 94 blocks with v0.22.1, missed 0 (0.00%). 114.34 SP/w, $24.93/w |
0.05%, 1.22 SP/block 55 | @delegate.lafona - active rank: 56 | Signed 84 blocks with v0.22.0, missed 0 (0.00%). 102.19 SP/w, $22.28/w |
0.05%, 1.22 SP/block 56 | @dragosroua - active rank: 55 | Signed 83 blocks with v0.22.1, missed 0 (0.00%). 100.99 SP/w, $22.02/w |
0.04%, 1.22 SP/block 57 | @nextgencrypto - active rank: 57 | Signed 78 blocks with v0.22.2, missed 0 (0.00%). 94.87 SP/w, $20.68/w |
0.04%, 1.22 SP/block 58 | @ura-soul - active rank: 59 | Signed 76 blocks with v0.22.1, missed 0 (0.00%). 92.47 SP/w, $20.16/w |
0.04%, 1.22 SP/block 59 | @dmitrydao - active rank: 61 | Signed 72 blocks with v0.22.0, missed 0 (0.00%). 87.57 SP/w, $19.09/w |
0.04%, 1.22 SP/block 60 | @fyrst-witness - active rank: 62 | Signed 72 blocks with v0.22.1, missed 0 (0.00%). 87.55 SP/w, $19.09/w |
0.04%, 1.22 SP/block 61 | @oflyhigh - active rank: 58 | Signed 71 blocks with v0.22.2, missed 0 (0.00%). 86.38 SP/w, $18.83/w |
0.04%, 1.22 SP/block 62 | @adsactly-witness - active rank: 63 | Signed 67 blocks with v0.22.0, missed 0 (0.00%). 81.51 SP/w, $17.77/w |
0.04%, 1.22 SP/block 63 | @ats-witness - active rank: 60 | Signed 66 blocks with v0.22.1, missed 0 (0.00%). 80.24 SP/w, $17.50/w |
0.04%, 1.22 SP/block 64 | @klye - active rank: 66 | Signed 62 blocks with v0.22.1, missed 0 (0.00%). 75.44 SP/w, $16.45/w |
0.03%, 1.22 SP/block 65 | @stem.witness - active rank: 64 | Signed 62 blocks with v0.22.1, missed 0 (0.00%). 75.41 SP/w, $16.44/w |
0.03%, 1.22 SP/block 66 | @qurator - active rank: 65 | Signed 62 blocks with v0.22.0, missed 0 (0.00%). 75.41 SP/w, $16.44/w |
0.03%, 1.22 SP/block 67 | @steemgigs - active rank: 67 | Signed 61 blocks with v0.22.1, missed 0 (0.00%). 74.20 SP/w, $16.18/w |
0.03%, 1.22 SP/block 68 | @crowdwitness - active rank: 69 | Signed 61 blocks with v0.22.1, missed 0 (0.00%). 74.20 SP/w, $16.18/w |
0.03%, 1.22 SP/block 69 | @mahdiyari - active rank: 68 | Signed 60 blocks with v0.22.1, missed 0 (0.00%). 72.99 SP/w, $15.91/w |
0.03%, 1.22 SP/block 70 | @ro-witness - active rank: 70 | Signed 60 blocks with v0.22.0, missed 0 (0.00%). 72.98 SP/w, $15.91/w |
0.03%, 1.22 SP/block 71 | @enginewitty - active rank: 71 | Signed 53 blocks with v0.22.1, missed 0 (0.00%). 64.46 SP/w, $14.05/w |
0.03%, 1.22 SP/block 72 | @steemychicken1 - active rank: 72 | Signed 49 blocks with v0.22.2, missed 0 (0.00%). 59.60 SP/w, $12.99/w |
0.03%, 1.22 SP/block 73 | @patrice - active rank: 73 | Signed 47 blocks with v0.22.1, missed 2 (4.08%). 57.15 SP/w, $12.46/w |
0.03%, 1.22 SP/block 74 | @b0y2k - active rank: 74 | Signed 40 blocks with v0.22.2, missed 0 (0.00%). 48.66 SP/w, $10.61/w |
0.02%, 1.22 SP/block 75 | @satren - active rank: 75 | Signed 36 blocks with v0.22.1, missed 0 (0.00%). 43.80 SP/w, $9.55/w |
0.02%, 1.22 SP/block 76 | @untersatz - active rank: 76 | Signed 33 blocks with v0.22.1, missed 0 (0.00%). 40.16 SP/w, $8.76/w |
0.02%, 1.22 SP/block 77 | @danielsaori - active rank: 78 | Signed 29 blocks with v0.22.1, missed 0 (0.00%). 35.27 SP/w, $7.69/w |
0.02%, 1.22 SP/block 78 | @dsound - active rank: 77 | Signed 27 blocks with v0.22.1, missed 0 (0.00%). 32.83 SP/w, $7.16/w |
0.01%, 1.22 SP/block 79 | @complexring - active rank: 79 | Signed 25 blocks with v0.22.2, missed 0 (0.00%). 30.40 SP/w, $6.63/w | |