WitnessWatch Weekly Report #13: How much do witnesses make?
Have you ever wondered what witnesses make?
STEEM witnesses are the secret sauce that make Steemit function. Every post you submit, transfer you send, and vote you cast are processed by the witnesses. Being a witness is a big responsibility, and the equipment and maintenance can be expensive and time-intensive. Because of this, witnesses are compensated with SP for every "block" of transactions that they process.
The blockchain, through the witnesses, processes 21 blocks of transactions in each 63-second round. The top 19 witnesses get 1 block every round, with the other 2 blocks being distributed among the other active witnesses according to their ranking.
We want to emphasize that witness rewards do not come from the reward pool. As new tokens are created, a certain percentage is distributed to authors and curators, while the witness rewards are distributed from another percentage. They are two separate pots.
We have run a script that has analyzed every block over the last 7 days to calculate what each witness earned over the week. This post was put together using data pulled from @steemsql, thanks to @arcange. We are happy to subscribe to the SteemSql service as it has become infinitely more reliable and we are thrilled to support @arcange's work.
Vitals
STEEM/USD Conversion Rate at time of analysis: $3.37/STEEM
Dates covered by analysis: April 16th - April 22nd, 2017
Bar Chart
This bar chart shows the distribution of SP earned by witnesses over the last week.
As you can see, the earnings drop off significantly for those that aren't in the top 20. This is due to the fact that the top 20 witnesses handle the bulk of the transactions that occur on the STEEM blockchain. Because of this, their overhead is significantly higher, especially as the blockchain continues to grow.
Pie Charts
We have reorganized our pie chart visualizations into earning tiers. This will allow a much clearer picture of the way earnings are distributed to the various witnesses.
Tier 1: Top 20
Tier 2: 21-40
Tier 3: 41-60
Tier 4: 61-80
Tier 5: 81-100
Tier 6: Under 100
Full Table
Here is the full table of results, this totals all witness earnings in SP and the USD equivalent over the last week, sorted by each witness' ranking.
SP | USD Value | producer | ranking |
1862.5087396049596 | 6273.357811999613 | @jesta | 1 |
1863.2849917288029 | 6275.972407690706 | @gtg | 2 |
1862.7028235841676 | 6274.011531480901 | @roelandp | 3 |
1862.8968369829263 | 6274.6650132310015 | @good-karma | 4 |
1863.0909636000756 | 6275.318876326683 | @timcliff | 5 |
1863.090904695271 | 6275.318677921753 | @ausbitbank | 6 |
1862.120626298016 | 6272.050557115766 | @clayop | 7 |
1862.7028036462243 | 6274.011464325322 | @thecryptodrive | 8 |
1862.896845265527 | 6274.665041128706 | @netuoso | 9 |
1863.0909433462448 | 6275.318808107122 | @anyx | 10 |
1862.8968768749817 | 6274.66514759662 | @someguy123 | 11 |
1862.702817443524 | 6274.011510797801 | @aggroed | 12 |
1862.896928714071 | 6274.665322202595 | @smooth.witness | 13 |
1863.0908325987984 | 6275.318435084251 | @lukestokes.mhth | 14 |
1862.8969001879104 | 6274.665226119926 | @followbtcnews | 15 |
1862.8968624528366 | 6274.665099019518 | @blocktrades | 16 |
1505.819821020343 | 5071.94749575535 | @jerrybanfield | 17 |
1862.5087469804262 | 6273.357836841881 | @pharesim | 18 |
1863.0909132834604 | 6275.31870684875 | @xeldal | 19 |
1543.8352055309158 | 5199.992054325397 | @pfunk | 20 |
1102.082407467378 | 3712.0670273038468 | @curie | 21 |
408.4795758975643 | 1375.853161925453 | @furion | 22 |
397.8066923919938 | 1339.9044355154854 | @riverhead | 23 |
384.22302143254547 | 1294.1515074797426 | @liondani | 24 |
366.7577324475892 | 1235.3243971619434 | @drakos | 25 |
370.63936958442673 | 1248.3986438153536 | @busy.witness | 26 |
189.19055148941572 | 637.2372912431947 | @bhuz | 27 |
339.590903870612 | 1143.8202701441114 | @cervantes | 28 |
329.88836468047293 | 1111.1398865677093 | @utopian-io | 29 |
312.42372628163935 | 1052.314967573606 | @teamsteem | 30 |
287.1969595113739 | 967.3454149349949 | @yabapmatt | 31 |
250.32699323987836 | 843.1588884403556 | @klye | 32 |
233.83254391248187 | 787.6017893823388 | @abit | 34 |
208.60699239345445 | 702.6363299894051 | @blockbrothers | 35 |
195.02223236990966 | 656.8797337353009 | @aizensou | 36 |
196.96301099677035 | 663.4167225296518 | @ihashfury | 37 |
185.3196316980975 | 624.199143074483 | @reggaemuffin | 38 |
178.52794764710987 | 601.3231891034249 | @fyrst-witness | 39 |
172.70612207712554 | 581.7139415638366 | @therealwolf | 40 |
156.21110908435668 | 526.1549439512027 | @patrice | 41 |
155.24170149259993 | 522.8897562184198 | @ocd-witness | 42 |
156.21170106073245 | 526.1569378637909 | @delegate.lafona | 43 |
149.41964856749652 | 503.27974289449884 | @joseph | 44 |
147.479569763333 | 496.74511126395106 | @prc | 45 |
145.53903191047806 | 490.2089334518295 | @rival | 46 |
143.59847744765116 | 483.67269969350207 | @steemed | 47 |
142.6280489447161 | 480.4040732970612 | @nextgencrypto | 48 |
132.92550383016436 | 447.7236697658745 | @themarkymark | 49 |
106.72855643366707 | 359.4863256365704 | @liberosist | 50 |
105.758199976732 | 356.217941907628 | @ats-witness | 51 |
102.84750783170968 | 346.4140613039995 | @adsactly-witness | 52 |
101.87716630224661 | 343.1457278542161 | @arcange | 53 |
97.99633942447397 | 330.074210339696 | @charlieshrem | 54 |
52.394026767453376 | 176.4751327789395 | @noisy.witness | 55 |
96.0555698700584 | 323.53725210342685 | @neoxian | 56 |
75.68017689811903 | 254.90824223355148 | @firepower | 57 |
92.17444957180503 | 310.4647462812409 | @asbear | 58 |
94.11533411820737 | 317.0020918369696 | @steemgigs | 59 |
90.23409012458708 | 303.92916938033795 | @dragosroua | 60 |
81.50177270299308 | 274.51671587140237 | @chitty | 62 |
77.62090313147664 | 261.44505455453356 | @steemychicken1 | 63 |
73.73970031432894 | 248.37227078973217 | @boatymcboatface | 65 |
72.76947795360104 | 245.10433872765765 | @sircork | 66 |
64.03715083578076 | 215.69185255960184 | @privex | 69 |
59.1857021439782 | 199.3510575324117 | @justyy | 72 |
56.27509281835452 | 189.54745588356624 | @emrebeyler | 75 |
43.661620013382965 | 147.0623783776769 | @blockchained | 79 |
62.09667953325143 | 209.15589890428348 | @krnel | 80 |
36.86984286083519 | 124.18611081915093 | @guiltyparties | 81 |
37.84027504947428 | 127.45474962989076 | @b0y2k | 82 |
33.959242864170655 | 114.38254059238552 | @jacor-witness | 83 |
33.95917451091909 | 114.38231036291302 | @helo | 85 |
33.958933982967174 | 114.38150020944953 | @jatinhota | 86 |
32.988771672762624 | 111.11377041134925 | @ura-soul | 87 |
32.018673534575036 | 107.84625675936168 | @felixxx | 88 |
32.98898268856399 | 111.1144811611019 | @block-buster | 89 |
29.107627756903913 | 98.04118503963647 | @stoodkev | 90 |
32.018638767516705 | 107.8461396559128 | @demotruk | 91 |
30.078005334440157 | 101.30963990762137 | @qurator | 93 |
28.13740686698248 | 94.77325793157641 | @mahdiyari | 94 |
31.048211577233793 | 104.57751768078619 | @steem-bounty | 95 |
29.107637047203507 | 98.04121633150227 | @sc-steemit | 96 |
29.10759281588939 | 98.04106735026312 | @yuriks2000 | 97 |
1.940177017488202 | 6.534962435614287 | @bue | 98 |
27.167249583248445 | 91.50554506378491 | @bitrocker2020 | 100 |
26.197077197264605 | 88.23778132814256 | @chainsquad.com | 102 |
17.464454569616763 | 58.82429981502027 | @jackmiller | 103 |
25.226768175065573 | 84.96955737030112 | @masteryoda | 104 |
23.286095248949763 | 78.43292460037006 | @yehey | 105 |
21.345677404776573 | 71.89715100509059 | @swelker101 | 106 |
21.345741256973806 | 71.89736607397688 | @anarcho-andrei | 107 |
13.584311866737334 | 45.75508675890069 | @steemitboard | 110 |
16.49449379864883 | 55.55724884742295 | @jrswab | 111 |
15.52413529725095 | 52.28885823225957 | @samrg472 | 112 |
15.524086350491832 | 52.288693368317105 | @intelliwitness | 113 |
15.524204047637836 | 52.28908979937519 | @silversteem | 114 |
14.55391424390815 | 49.02093057375875 | @steemcommunity | 115 |
14.55386515657152 | 49.020765236318894 | @hagie | 116 |
10.672819299407077 | 35.9485101488419 | @quochuy | 117 |
10.67297634022883 | 35.94903909844896 | @fubar-bdhr | 118 |
9.70257842486476 | 32.680515727982225 | @sempervideo | 120 |
9.702544186734992 | 32.6804004060864 | @enginewitty | 122 |
9.702529337528073 | 32.68035039054218 | @jamzed | 124 |
8.732426230859199 | 29.41282000356688 | @valorforfreedom | 127 |
8.732239746421492 | 29.41219188108926 | @isnochys | 129 |
7.762057901447055 | 26.144396285391014 | @viva.witness | 130 |
7.762087241387546 | 26.144495109058774 | @davinci.witness | 131 |
7.76216097079683 | 26.144743446667007 | @windforce | 132 |
5.821434196216881 | 19.607929302723587 | @castellano | 133 |
6.791802467639116 | 22.876352825576102 | @cloh76.witness | 135 |
3.8810756258675876 | 13.072355355315985 | @moisesmcardona | 136 |
5.821493101021326 | 19.60812770765306 | @skenan | 139 |
3.880938153207563 | 13.07189231577831 | @fbslo | 140 |
4.851144378432163 | 16.339770029766562 | @gridcoin.science | 143 |
4.851247567271054 | 16.340117593509383 | @pcste | 145 |
4.851365359308374 | 16.340514344183244 | @steemhq.witness | 147 |
3.8811491725246965 | 13.07260307737286 | @evildido | 149 |
3.881065724052509 | 13.072322003725382 | @bobdos | 154 |
2.9108005571250275 | 9.804245760525232 | @wehmoen | 156 |
2.9107760292716214 | 9.804163145073554 | @ety001 | 157 |
1.9405058815632816 | 6.536070125457893 | @zappl | 160 |
2.9106925860691693 | 9.803882089175758 | @vesteem | 162 |
2.9107760029128853 | 9.804163056291268 | @cryptohazard | 163 |
1.940496067610353 | 6.53603706980722 | @crt | 164 |
2.9107367699445597 | 9.804030910630365 | @yanosh01 | 172 |
1.9404862642006029 | 6.536004049668397 | @glowhost-matt | 173 |
0.9701817588716928 | 3.267795305684402 | @justinadams | 189 |
0.9702554039346718 | 3.2680433591948796 | @exnihilo.witness | 205 |
0.9702603126684565 | 3.268059892939275 | @beerbot | 223 |
Hey WW, what is the "time period" of your week? Is it sunday to saturday, midnight to midnight, so to speak, for an exact 7 day week every week?
Hi @sircork, it starts at 12:00 on Monday morning and goes until 11:59 on Sunday night.
I love you right now, this makes it easy to do our team cost/income split reporting weekly.
NEVER abandon this project, and if you do, I'm first in line to save it from death and add it to a suite of tools I am starting to build out myself as witness contributions to the chain, the first of which I hope to announce next week (or so, depending on distractive work in between on other things too.) :)
Glad this is helpful! Hoping to add some new reports to the mix, but (as you said) distractive work gets in the way!
Hi, can you get in touch with me via Discord, need a favour.
Nothing major, just a once off figure/answer.
If you could do that for me, would much appreciate it.
Thanks
Jack
Just sent you a DM
Thank you very much for sharing these witness statistics
Thank you for making this transparent.
@ats-witness looks like you need to get in the top 20 son!