Boom! I do plan to start down the witness path soon but I am curious about one thing, without being in top 20 does the rewards cover server rental costs?
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Boom! I do plan to start down the witness path soon but I am curious about one thing, without being in top 20 does the rewards cover server rental costs?
Posted using Partiko iOS
NO. You need to be at 70 ranks or higher to break even with one Witness server to maintain.
Wow so do know the vote breakdown for that ranking? Does reputation of the vote holder matter?
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No.
I'm at rank 140 and i get 1 Block per day.
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How much STEEM does 1 block pay? I know under current prices this will not cover it but you know speculative thought it could work out long run.
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It's around 1 SP.
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Wow that’s ridiculous, almost no incentive for new witnesses!
How many votes have you needed to gather to get to your ranking?
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I have 219 voters with 1260 MV (~632,000 SP).
I spend 274.94 STEEM and 232.41 SBD for server since February and I produced 164 blocks.
Well it’s not that close but if prices were better you would be spending a lot less steem for the server.... hmm 🤔 we need less expensive hosting to make this viable for lesser ranked witnesses IMO!
Does the SP behind the witness vote make a large impact on your witness ranking? I could probably pull in that number of votes but they will have no where near that much SP thus I ask.
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Yes, more sp voters have, more blocks witness produce.
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