Witness Update
Technical and Economical
- continued to subsidize, for the 62st week in a row, as the STEEM revenue as a witness doesn't fully cover the hardware and hosting expenses
- kept the block size at 65,535
- kept the registration fee at 3 STEEM
- kept the SBD interest at 0%
I am on the 90th position, 9 positions down from last week, because of the latest developments on the Steem blockchain (namely 20 new witnesses, all representing a single stake owner). Also, because of the stake concentration towards the legacy witnesses, in the war they're still fighting after the recent acquisition of the Steemit stake.
I'm considering very seriously my contribution if I fall under 100.
Still got my vote.
Thank you very much, really appreciate it!
What about STEEM revenue as a witness + the STEEM revenue from posting. Is the idea that these two together would make it economical to be a witness? Otherwise it doesn't seem sustainable.
It depends, revenue from posting isn't as predictable as block production. If I would maintain an income rate like last week, maybe. But it's hard to believe this could happen.
But the end of all things has drawn near. Therefore be sober-minded and be sober unto prayers.(1 Peter 4:7)
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