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RE: What is Steemit Inc Telling Us With This Power Down?
At what price level will the top 20 witnesses start to breakeven on server costs?
At what price level will the top 20 witnesses start to breakeven on server costs?
Honestly I say tank the prices below that threshold and see which witnesses actually believe in this platform.
If you assume we have 300 million coins and 8% inflation we create 24 million coins of inflation in a year. 2.4M of that goes to witnesses. Divided out 20 ways that would be 120,000 coins per witness per year.