Steemit: @abit vs @snowflake - 180k Steem Power battle!
What if i told you that you could earn more SBDs AND save the platform from disappearing up its own arse, just by re-thinking what you are doing with your Steem Power?
edited from source
Earlier this evening I started a blog regarding how two of the top performers in my curation league handle their curation.
Stuff that for now though, this one had to top the bill...
Having read Stella's post, which was a follow on from @snowflake's post, I had to do a little digging...
I'm really hoping that the output of this data will show that some of us need a re-think. Lets see...
My suspects - @abit vs @snowflake
A few underlying numbers before we start:
@abit
Steem Power: 185,846.360
100% vote value: 15.07$
Voting Power: 94%
Number of votes in last 7 days: 237
@snowflake
Steem Power: 685.79 SP ( 180,783.36 - 180,097.58 )
100% vote value: 0.04$
Voting Power: 70%
Number of votes in last 7 days: 138
Points to note here are:
The size of the accounts - very similar without @snowflakes delegation
100 more votes during the last week from @abit
@abit - Spread of votes across reputation
@snowflake - Spread of votes across reputation
A similar style of voting towards reputation
@abit - Spread of vote weight across reputation
@snowflake - Spread of vote weight across reputation
Very different styles of voting - @abit using varied voting power percentages
Yes but Asher, snowflake has delegated all his SP out - he doesn't give a shit about curation and its rewards. Why are you showing these graphs? I'll tell you in a minute....
Curation v's Delegation (Weekly reward)
Curation
@snowflake - 0.5 SP
@abit - 501.423
No surprises here, but I think a pretty good return on investment from @abit
Delegation
@snowflake - 0
@abit - 0
Hmmm... no rewards for delegation here for @snowflake? - Lets look a bit further down the Wallet.
I make that about 305 SBD for the week.
Now, forgive me here if I've missed something, but doesn't this mean that @abit made almost $200 more for his weeks' work than @snowflake?
That's about 800 SP a month more / 40% greater returns with almost the same Steem Power.
Summary
@snowflake -305 SBD total weekly rewards from @minnowbooster
@abit - 501 SBD total weekly curation rewards
Who says it's not financially worth it to manually votecontent? I disagree.
Yes, curation takes time, and maybe this amount of time taken by @abit isn't worth the $800 extra in @snowflake's mind?
The spread of vote % by @bit should be taken note of by large accounts - You will beat @minnowbooster if you curate with skill in my opinion.
Either way, for the good of the platform, I know which whales mind I'd like to be in.
Asher
p.s. @snowflake - can i get a vote from @peaceandlove here? :)
Well done @abit!
A snapshot of data used for these reports was taken at 9:00pm CET 11/06/2017
What you bring up is very interesting. If it comes down to not having time but using steemvoter it should also be more profitable if done correctly compared to leasing to minnowbooster, what do you think ?
Setting up steemvoter takes no time at all almost. Sure you have to pay some money to get more rules but still it's not too bad .. you can also turn it off and adjust it whenever you want.
With help of steemvoter the money can flow more naturally and as we can get more profit when voting for smaller minnows ( can we?) we can make sure to put some minnows on steemvoter so that they are fed and can stay on the platform
In the end if more and more lease their SP out there is no incentive to post like you say and especially for minnows it will be hard to stay alive here
Yep well as you know, you are on my steemvoter. I think it's a great tool for supporting your 'community' who in turn support you.
This is your bread and butter earnings, I don't think you are maxing your curation here, but this is countered by the fact that (hopefully) most people on your list are doing the same in return.
As the likes of @curie know, the really curation money is earned finding new undervalued content, constantly. This requires manual curation and so you need some vote power saved for this too.
Also, I'm not against selling to bots (or bidding from them) and I think these methods should be part of an overall investment strategy - which includes some natural growth (and minnow retention) of the platform.
Cheers!
Thanks for your answer! One more question. If you stopped posting right this second and you don't plan to post for 1 month. How much earning would you get on just curation rewards based on your steemvoter running for 1 month, with some occasional fine tuning. Vs leasing your SP for a month to minnowbooster ?
Ps you are on my steemvoter, but I paused it to recharge my voting power. I also need to do some fine tuning on it
hehe, good question which i'm sure many (including me!) would like to know.
This blog is a comparision of this, with curation winning - i dunno if @abit is using steemvoter though.
Off the bat i would say you would earn a bit less curating - will need to do some serious digging to get some stats on this!
Well let's say they are pretty much the same for arguments sake... I find using Steem voter being a far better option because you are keeping your community happy and providing for them. So when you choose to make your next post they will reciprocate much more than if you were a ghost and disappeared for a month. You will keep your followers that you are upvoting. Also if you still are semi active you each post you make are bond to make more money than if you only have been feeding other "crumbs"
Yes if they were the same then I suspect there would be no need to offload and delegate, I don't think you get the same rewards.
Manual curation though, as @abit proves, could get close or surpass.
As i said before, i think Steemvoter will bring you steady income from reciprocating followers. Always leave SP spare for new stuff though I reckon.
Cheers!
This comment has received a 41.67 % upvote from @lovejuice thanks to: @abh12345. They love you, so does Aggroed. Please be sure to vote for Witnesses at https://steemit.com/~witnesses.
This is a good addition to the debate. I hope this is true across the board and not an isolated case.
I guess the other factor to take into consideration is time. I assume @abit is at least looking at some of the content he's upvoting (assuming he's not got everyone on steemvoter or a bot). On the other hand, you can rent your vote out to minnowbooster and get a good result without having to do anything. I'm not saying either is right or wrong, just pointing it out.
@snowflake was renting his vote out to @minnowbooster a few weeks ago - i assume this is the account he talks about in his blog.
A good result for nothing yes, but not as good as when 'doing things right' - which is the point of my post, i hope!
Hey, as an investor in the platform, I hope curation beats renting out your vote too. I guess we'll find out in due course.
I need to find more examples to prove this is the case 😁
absolute brilliant and genius way to look at the situation
I hope this post gets the attention of @snowflake and @abit
Snowflake responded in his blog (I spammed it til he did 🙃 )
Apparently @abit is a one of case (of skilled curation) - so it's time to find more data/info to back this up!...
And thank you!
Gotta love saving stuff from disappearing up it's own arse. The old up vote!
Haha, yes it is imperative! Thanks!
I have been lucky enough to have been upvoted by both these two whales in the past (I don't know them so I am very grateful for their votes.) and I have noticed recently that Snowflake's SP has dropped to the floor.
I know some people have actually invested their own cash into Steemit, though I don't know if it includes these two whales. For those who have, it's perfectly reasonable to look for the highest return via whatever means available, and they don't have any 'obligation' to vote for anyone no matter how much they like their posts. I have seen some friends with high SP vote 100% for me but the amount is really low as they have delegated a lot of it out. As harsh as it may sound, sadly that's the reality of this platform which drives people's behaviour.
Yes, snowflake has delegated almost all of it out.
I'm not against bots, I use them, but it's good to see (at least at ground level) that curation can be more profitable than selling your SP.
Thanks for the comment and upvote 🙂
I remember the good old days when people just voted for content they liked.
haha yeah, the good old days when there were 30000 accounts and not 400000+?
It's gotten tougher to curate for sure, but this is key surely!
Cheers for the comment n vote :)
Hi Asher, abit is in power down mode, his SP was higher at the (begin of the) period you are looking at, so his current curation rewards should be lower than in your calculation.
Hi @twinner
Thanks for you comments (and @boomerang discount tickets!)
So he had about 8% more SP over the last week, or at least some of it? This is still a good result i think.
Thanks for the information :)
I still need to study more regard on the vote delegation. Too much concepts to catch up!
Happy reading!
Manual curation is better for this community, rather lending SP to bot. If you are on a vacation for long time, you can go for second option.
Sounds like a good plan to me 🙂
It would be interesting to see (if you can find it) if the same is true for a minnow account.
I think I could find this and will have a look later