Thank you for your resonse! That helps a lot.
One more clarification is, if on my blog I have 3 posts which earned $1 each, would I see $3 total in my Hive wallet or would the rewards be distributed between me and the participants or blockchain? That part is still not clear to me.
Also after how many days do I receive the full reward? I see some rewards come through from time to time.
Sure, if you have more questions feel free to ask.
You get the rewards 7 days after the post.
For example, consider the case where one has posted three times, once on the 10th of June, once on the 11th of June, and once on the 12th of June, and has 1$ worth of rewards on each post.
This means that he will receive 1$ worth of rewards on the 17th of June, 1$ on the 18th and 1$ on the 19th. The rewards shown on someone's post belong only to that person, they won't be shared.
During the 7 days, upvotes on the post raise the rewards and downvotes on the post decrease the rewards.
Sometimes, you do not see a dollar amount when somebody upvotes because the reward is too small, smaller than 0.01$. And the frontend (website) does not show it. But the reward always exists in the blockchain code, even if it is extremely small, and will be sent to you after 7 days. However, when someone upvotes you with a big upvote, you can see the reward because the frontend shows it.
The size of the reward given by the upvote depends on the amount of Hive power held by that user. For example, a user with 10,000 HP has an upvote that gives a reward of 1$. A user with 20,000 HP has an upvote that gives a reward of 2$. And 30,000 HP gives 3$. etc... Those numbers are not correct, but they scale linearly after a certain amount of HP.
So, the more Hive someone stakes, the more influence he gains on the network, since he can determine which posts receive the newly created HIVE by inflation.
That makes perfect sense! Thanks for the answer!