WitnessWatch Weekly Report #15: 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: $3.56/STEEM
Dates covered by analysis: April 30th - May 6th, 2018

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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.

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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

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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
1854.28634697907	6596.568050787632	@jesta	1
1854.4794031048375	6597.254842163366	@gtg	2
1854.6724250362997	6597.941511893885	@roelandp	3
1854.0913081349443	6595.87420595082	@good-karma	4
1853.900240838714	6595.1944897765	@timcliff	5
1854.0933150370897	6595.8813454449955	@ausbitbank	6
1854.0913160085227	6595.874233960839	@someguy123	7
1853.127133917279	6592.444185096702	@anyx	8
1854.8654780151826	6598.628292074672	@aggroed	9
1855.444572513024	6600.688403377907	@clayop	10
1854.8654304676502	6598.628122925751	@thecryptodrive	11
1854.671432796222	6597.937982029575	@netuoso	12
1854.6743767057849	6597.948454899529	@smooth.witness	13
1854.476372161581	6597.244059673659	@lukestokes.mhth	14
1854.2853794882649	6596.564608968118	@blocktrades	15
1854.4783584058484	6597.2511256780535	@pharesim	16
1854.2843921602635	6596.561096578373	@followbtcnews	17
1852.932115746941	6591.75041380627	@jerrybanfield	18
1851.9699248037075	6588.327448391445	@xeldal	19
1282.7159876121625	4563.22364445064	@curie	20
985.3331428181706	3505.293095581357	@pfunk	21
380.8925985676447	1355.013992626439	@riverhead	22
381.85907272586184	1358.4521954500717	@furion	23
361.5600788017209	1286.2391335347581	@drakos	24
360.59046998327227	1282.7897792513916	@liondani	25
355.7556567971529	1265.5900763861675	@busy.witness	26
328.69313042217374	1169.3159506829704	@bhuz	27
325.7905118575293	1158.9899722178047	@cervantes	28
322.89176797151345	1148.6777778056198	@utopian-io	29
290.95651528379625	1035.0690744266467	@teamsteem	30
276.4893220551632	983.6024685315814	@yabapmatt	31
233.94842117774826	832.264489887204	@klye	32
227.18038760867773	808.1874135062427	@abit	33
191.41438283194384	680.9509244931552	@ihashfury	35
189.48602845294218	674.0908616404882	@aizensou	36
185.6132729124123	660.3136499877194	@reggaemuffin	37
188.51990556831723	670.6539084621214	@blockbrothers	38
170.14933681603605	605.3011612429437	@therealwolf	39
146.94812210303743	522.7635359378926	@prc	40
144.04532428473968	512.4369197832328	@rival	41
142.1129121730298	505.5624216681883	@steemed	42
153.71674699032076	546.8427159156564	@patrice	43
168.2138709221622	598.4157993894643	@fyrst-witness	44
140.17686386083076	498.6749878789896	@nextgencrypto	45
137.27437574196196	488.3494734707574	@themarkymark	46
137.27831473557143	488.36348632235325	@ocd-witness	47
117.94247374808201	419.5768120845893	@delegate.lafona	48
134.37644503409123	478.0401719154285	@joseph	49
105.37303231919775	374.8614012845764	@liberosist	50
107.30973267290611	381.7511546918833	@adsactly-witness	51
100.54240884634332	357.67660319860096	@ats-witness	52
97.64373790750935	347.36466829382726	@noisy.witness	53
88.9474704542726	316.42795771696115	@arcange	54
92.80851744858053	330.16351656780176	@firepower	55
92.804626246303	330.14967373243553	@charlieshrem	56
92.80852135834049	330.1635304766555	@steemgigs	57
91.83844967162123	326.7125295533024	@asbear	58
92.80859570775124	330.1637949724538	@neoxian	59
88.93955218198367	316.39978870084144	@dragosroua	60
65.73398908132445	233.84669413713928	@justyy	62
76.37512023724271	271.7021989903838	@chitty	63
73.47626670750743	261.3896145239565	@steemychicken1	64
70.57363965305758	251.06360585656276	@boatymcboatface	65
70.56968064396592	251.04952180048946	@complexring	66
66.70509223514782	237.3013644737713	@sircork	67
53.17337967071131	189.16270297716537	@jackmiller	68
60.903494354437875	216.6623540610821	@privex	70
55.105987974993305	196.0378990413994	@emrebeyler	72
42.5375285374261	151.3259816460372	@blockchained	79
42.541222268122226	151.33912198217678	@blackwidow	80
41.57123391621888	147.88841751993118	@krnel	81
25.12784630937038	89.39155941019584	@ura-soul	82
37.70637519336696	134.13929855914716	@yuriks2000	84
35.769851752853356	127.25017451522322	@guiltyparties	85
32.871592483810474	116.93970411338124	@jacor-witness	86
33.833470694774554	120.36155699253963	@helo	87
34.80374382025629	123.81327452824713	@b0y2k	88
33.83754268691577	120.37604298242223	@jatinhota	89
31.901112744699088	113.48725155588465	@qurator	91
31.900975091625487	113.48676185920492	@block-buster	92
31.905170064997634	113.50168535112714	@stoodkev	93
31.905155443619318	113.50163333601242	@demotruk	94
31.90095041638756	113.48667407778625	@felixxx	95
29.968587446342806	106.61235078274113	@mahdiyari	96
6.766561500626948	24.07183954163535	@steem-bounty	98
29.00244520575156	103.175328746105	@sc-steemit	99
25.13358334689514	89.41196874907905	@bitrocker2020	100
26.099868079544898	92.84949769693858	@bue	101
25.133558786497385	89.41188137620085	@chainsquad.com	104
23.205110785612167	82.55148546649171	@masteryoda	105
21.268729922437146	75.66286863717247	@yehey	106
21.268852533007454	75.66330482059803	@swelker101	107
20.302494211382495	72.22551408216688	@anarcho-andrei	108
16.433573496304664	58.46194470589895	@jrswab	111
16.43766028735163	58.4764833424448	@samrg472	112
1.9327264639306294	6.875616413639296	@steemitboard	113
13.535004278996102	48.15037167240026	@intelliwitness	114
14.497349558641762	51.57388613438131	@steemcommunity	115
14.501200602925925	51.58758610889089	@silversteem	116
11.598603645687115	41.26168451142254	@quochuy	117
14.501171026040707	51.58748089000903	@hagie	118
9.665990222223517	34.386470235853494	@fubar-bdhr	119
9.66627501844538	34.38748338986888	@sempervideo	121
9.670018092678193	34.40079926415989	@enginewitty	122
8.703797304062775	30.963497795284198	@valorforfreedom	123
8.703836616366551	30.963637647625514	@isnochys	126
8.70395441227372	30.964056703031392	@jamzed	127
8.70390039506616	30.963864538436013	@davinci.witness	129
7.737738628001504	27.52677303695651	@windforce	132
6.763535635277042	24.061075116429016	@castellano	133
6.771390111389006	24.089017179563047	@cloh76.witness	135
3.864740676328026	13.748699013816662	@skenan	138
5.797339478366606	20.62386127410485	@fbslo	139
4.835009028932786	17.20039957015752	@danielsaori	142
4.831153029088741	17.18668196639232	@gridcoin.science	145
3.8647996491088867	13.748908807715392	@bobdos	148
1.9322598198525014	6.873956341330678	@thekitchenfairy	149
3.864917539018683	13.749328197532794	@steemhq.witness	150
3.8689405112979407	13.763639800727084	@evildido	151
3.868940532190506	13.76363987505176	@pcste	153
3.8688226631721205	13.763220559554924	@ety001	156
1.9362484423866606	6.8881457463372735	@yensesa	159
2.8987507989316814	10.31221900467549	@cryptohazard	163
2.8985837673555213	10.311624794854247	@zappl	164
2.8986476035197377	10.311851890093362	@crt	167
1.9325152619030408	6.87486506876221	@vesteem	172
0.9662207851369734	3.4373014565012285	@yanosh01	173
0.9661421918640511	3.4370218632906058	@comedyopenmic	178
0.9662600904697634	3.437441284043469	@glowhost-matt	179
0.9662256937382084	3.4373189187028643	@justinadams	184
0.9663092077871492	3.4376160174265498	@exnihilo.witness	202
0.9661078073071508	3.4368995412609697	@puncakbukit	203

As always, the data presented above is meant to allow Steemians to make more informed decisions on the witness votes that they cast. Stay tuned for more data soon!

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