I think many people often forget that as an investment model, Steemit functions essentially as a proof-of-stake currency platform. While Steem Power (SP) helps to lift the voting power of your upvotes, another beneficial property is the fraction of the reward pool that is automatically assigned to SP holders. The following is a quick look at my own position. **Some Quick Steemit Math** - My personal Steem Power is about 3752 SP. - I calculate that my SP is growing at about 0.001 per every 6 minutes based on this position. - This means my SP is growing at 0.24 SP/day and 87.6 SP/year. - Current STEEM price is about $1.20. As a result of this, my SP is growing roughly at a 2.33% annual yield. If prices stay the same, that equates to about $105.12/year. All of this excludes any additional rewards gained from authoring posts/comments or from curation. So at this point, doing absolutely nothing continues to provide a hefty reward without requiring massive amounts of computing power and etc. from a proof-of-work model. Besides all that, Steemit is just fun. So a real question is... have you considered making the leap to buy your Steem Power today? https://steemit.com/images/steemit-share.png
post_id | 10,810,332 |
---|---|
author | investingpennies |
permlink | why-steem-power-is-a-worthy-investment |
category | steem |
json_metadata | "{"app": "steemit/0.1", "format": "markdown", "image": ["https://steemit.com/images/steemit-share.png"], "tags": ["steem", "steemit", "cryptocurrency", "investing", "money"]}" |
created | 2017-08-22 23:38:39 |
last_update | 2017-08-22 23:38:39 |
depth | 0 |
children | 9 |
net_rshares | 701,911,812,925 |
last_payout | 2017-08-29 23:38:39 |
cashout_time | 1969-12-31 23:59:59 |
total_payout_value | 2.576 SBD |
curator_payout_value | 0.334 SBD |
pending_payout_value | 0.000 SBD |
promoted | 0.010 SBD |
body_length | 1,220 |
author_reputation | 8,403,195,053,816 |
root_title | "Why STEEM Power Is A Worthy Investment" |
beneficiaries | [] |
max_accepted_payout | 1,000,000.000 SBD |
percent_steem_dollars | 10,000 |
author_curate_reward | "" |
voter | weight | wgt% | rshares | pct | time |
---|---|---|---|---|---|
coindup | 0 | 274,520,328,853 | 100% | ||
buwaytress | 0 | 579,026,302 | 100% | ||
ripperone | 0 | 148,632,939,159 | 5% | ||
mckenzie259 | 0 | 2,293,322,001 | 100% | ||
mdquixil | 0 | 48,707,186,101 | 100% | ||
anforo | 0 | 87,303,861,532 | 100% | ||
captainquack22 | 0 | 1,600,619,399 | 100% | ||
santoscruise | 0 | 636,650,637 | 100% | ||
investingpennies | 0 | 133,337,621,642 | 100% | ||
xtramedium | 0 | 776,513,073 | 100% | ||
thelordsharvest | 0 | 671,260,733 | 100% | ||
garruk | 0 | 1,096,850,097 | 100% | ||
shajjad | 0 | 519,462,437 | 100% | ||
miyata1987 | 0 | 174,186,890 | 100% | ||
superfluousman | 0 | 1,061,984,069 | 100% | ||
cruzz | 0 | 0 | 100% |
Interesting blog
post_id | 10,810,637 |
---|---|
author | mckenzie259 |
permlink | re-investingpennies-why-steem-power-is-a-worthy-investment-20170822t234427177z |
category | steem |
json_metadata | "{"app": "steemit/0.1", "tags": ["steem"]}" |
created | 2017-08-22 23:44:27 |
last_update | 2017-08-22 23:44:27 |
depth | 1 |
children | 1 |
net_rshares | 0 |
last_payout | 2017-08-29 23:44:27 |
cashout_time | 1969-12-31 23:59:59 |
total_payout_value | 0.000 SBD |
curator_payout_value | 0.000 SBD |
pending_payout_value | 0.000 SBD |
promoted | 0.000 SBD |
body_length | 16 |
author_reputation | 3,476,250,874,387 |
root_title | "Why STEEM Power Is A Worthy Investment" |
beneficiaries | [] |
max_accepted_payout | 1,000,000.000 SBD |
percent_steem_dollars | 10,000 |
Thanks, provided you meant the good kind of "interesting." :)
post_id | 10,810,891 |
---|---|
author | investingpennies |
permlink | re-mckenzie259-re-investingpennies-why-steem-power-is-a-worthy-investment-20170822t234905531z |
category | steem |
json_metadata | "{"app": "steemit/0.1", "tags": ["steem"]}" |
created | 2017-08-22 23:49:09 |
last_update | 2017-08-22 23:49:09 |
depth | 2 |
children | 0 |
net_rshares | 0 |
last_payout | 2017-08-29 23:49:09 |
cashout_time | 1969-12-31 23:59:59 |
total_payout_value | 0.000 SBD |
curator_payout_value | 0.000 SBD |
pending_payout_value | 0.000 SBD |
promoted | 0.000 SBD |
body_length | 61 |
author_reputation | 8,403,195,053,816 |
root_title | "Why STEEM Power Is A Worthy Investment" |
beneficiaries | [] |
max_accepted_payout | 1,000,000.000 SBD |
percent_steem_dollars | 10,000 |
2.33% annual growth rate doesn't sound very high. the US dollar inflation rate is about 1.6%. You can get a safe bond with highest growth rate for more than that
post_id | 10,814,778 |
---|---|
author | husamia |
permlink | re-investingpennies-why-steem-power-is-a-worthy-investment-20170823t010437799z |
category | steem |
json_metadata | "{"app": "steemit/0.1", "tags": ["steem"]}" |
created | 2017-08-23 01:04:36 |
last_update | 2017-08-23 01:04:36 |
depth | 1 |
children | 2 |
net_rshares | 0 |
last_payout | 2017-08-30 01:04:36 |
cashout_time | 1969-12-31 23:59:59 |
total_payout_value | 0.000 SBD |
curator_payout_value | 0.000 SBD |
pending_payout_value | 0.000 SBD |
promoted | 0.000 SBD |
body_length | 161 |
author_reputation | 172,893,146,354 |
root_title | "Why STEEM Power Is A Worthy Investment" |
beneficiaries | [] |
max_accepted_payout | 1,000,000.000 SBD |
percent_steem_dollars | 10,000 |
2.3% for not doing anything is great. I know we're in crypto world but let's be realistic here. After all, this is only a fraction of the actual rewards that you will be getting from steemit. Mind you, most of the unaccounted rewards will be on the upvoting side of things. And Im not accounting for the likelihood of increased price appreciation of STEEM.
post_id | 10,815,466 |
---|---|
author | investingpennies |
permlink | re-husamia-re-investingpennies-why-steem-power-is-a-worthy-investment-20170823t011749508z |
category | steem |
json_metadata | "{"app": "steemit/0.1", "tags": ["steem"]}" |
created | 2017-08-23 01:17:51 |
last_update | 2017-08-23 01:22:15 |
depth | 2 |
children | 1 |
net_rshares | 0 |
last_payout | 2017-08-30 01:17:51 |
cashout_time | 1969-12-31 23:59:59 |
total_payout_value | 0.000 SBD |
curator_payout_value | 0.000 SBD |
pending_payout_value | 0.000 SBD |
promoted | 0.000 SBD |
body_length | 360 |
author_reputation | 8,403,195,053,816 |
root_title | "Why STEEM Power Is A Worthy Investment" |
beneficiaries | [] |
max_accepted_payout | 1,000,000.000 SBD |
percent_steem_dollars | 10,000 |
yea, I think biggest up potential is the price of steem going up. how did you calculate this growth rate? what is it dependent on?
post_id | 10,870,499 |
---|---|
author | husamia |
permlink | re-investingpennies-re-husamia-re-investingpennies-why-steem-power-is-a-worthy-investment-20170823t155555790z |
category | steem |
json_metadata | "{"app": "steemit/0.1", "tags": ["steem"]}" |
created | 2017-08-23 15:55:54 |
last_update | 2017-08-23 15:55:54 |
depth | 3 |
children | 0 |
net_rshares | 0 |
last_payout | 2017-08-30 15:55:54 |
cashout_time | 1969-12-31 23:59:59 |
total_payout_value | 0.000 SBD |
curator_payout_value | 0.000 SBD |
pending_payout_value | 0.000 SBD |
promoted | 0.000 SBD |
body_length | 130 |
author_reputation | 172,893,146,354 |
root_title | "Why STEEM Power Is A Worthy Investment" |
beneficiaries | [] |
max_accepted_payout | 1,000,000.000 SBD |
percent_steem_dollars | 10,000 |
Question: if your current SP (3752) growth rate is 2.33% per year. What will it be when your SP is 10,000, 20,000 or 50,000?
post_id | 10,815,242 |
---|---|
author | husamia |
permlink | re-investingpennies-why-steem-power-is-a-worthy-investment-20170823t011331342z |
category | steem |
json_metadata | "{"app": "steemit/0.1", "tags": ["steem"]}" |
created | 2017-08-23 01:13:30 |
last_update | 2017-08-23 01:13:30 |
depth | 1 |
children | 1 |
net_rshares | 0 |
last_payout | 2017-08-30 01:13:30 |
cashout_time | 1969-12-31 23:59:59 |
total_payout_value | 0.000 SBD |
curator_payout_value | 0.000 SBD |
pending_payout_value | 0.000 SBD |
promoted | 0.000 SBD |
body_length | 124 |
author_reputation | 172,893,146,354 |
root_title | "Why STEEM Power Is A Worthy Investment" |
beneficiaries | [] |
max_accepted_payout | 1,000,000.000 SBD |
percent_steem_dollars | 10,000 |
Im not sure, but I believe the reward pool fraction to SP holders is proportional and evenly split so I would pressume the same rate applies.
post_id | 10,815,568 |
---|---|
author | investingpennies |
permlink | re-husamia-re-investingpennies-why-steem-power-is-a-worthy-investment-20170823t011946891z |
category | steem |
json_metadata | "{"app": "steemit/0.1", "tags": ["steem"]}" |
created | 2017-08-23 01:19:48 |
last_update | 2017-08-23 01:19:48 |
depth | 2 |
children | 0 |
net_rshares | 0 |
last_payout | 2017-08-30 01:19:48 |
cashout_time | 1969-12-31 23:59:59 |
total_payout_value | 0.000 SBD |
curator_payout_value | 0.000 SBD |
pending_payout_value | 0.000 SBD |
promoted | 0.000 SBD |
body_length | 141 |
author_reputation | 8,403,195,053,816 |
root_title | "Why STEEM Power Is A Worthy Investment" |
beneficiaries | [] |
max_accepted_payout | 1,000,000.000 SBD |
percent_steem_dollars | 10,000 |
Yes interesting, I'm more here to meet people and share photos, music, blogs, but getting paid a little is nice too:)
post_id | 10,832,949 |
---|---|
author | bluesbro |
permlink | re-investingpennies-why-steem-power-is-a-worthy-investment-20170823t063538831z |
category | steem |
json_metadata | "{"app": "steemit/0.1", "tags": ["steem"]}" |
created | 2017-08-23 06:35:51 |
last_update | 2017-08-23 06:35:51 |
depth | 1 |
children | 0 |
net_rshares | 0 |
last_payout | 2017-08-30 06:35:51 |
cashout_time | 1969-12-31 23:59:59 |
total_payout_value | 0.000 SBD |
curator_payout_value | 0.000 SBD |
pending_payout_value | 0.000 SBD |
promoted | 0.000 SBD |
body_length | 117 |
author_reputation | 129,154,966,501 |
root_title | "Why STEEM Power Is A Worthy Investment" |
beneficiaries | [] |
max_accepted_payout | 1,000,000.000 SBD |
percent_steem_dollars | 10,000 |
Thanks man it helped me!!!
post_id | 10,883,004 |
---|---|
author | shajjad |
permlink | re-investingpennies-why-steem-power-is-a-worthy-investment-20170823t184110329z |
category | steem |
json_metadata | "{"app": "steemit/0.1", "tags": ["steem"]}" |
created | 2017-08-23 18:41:15 |
last_update | 2017-08-23 18:41:15 |
depth | 1 |
children | 0 |
net_rshares | 0 |
last_payout | 2017-08-30 18:41:15 |
cashout_time | 1969-12-31 23:59:59 |
total_payout_value | 0.000 SBD |
curator_payout_value | 0.000 SBD |
pending_payout_value | 0.000 SBD |
promoted | 0.000 SBD |
body_length | 26 |
author_reputation | 63,419,413,624 |
root_title | "Why STEEM Power Is A Worthy Investment" |
beneficiaries | [] |
max_accepted_payout | 1,000,000.000 SBD |
percent_steem_dollars | 10,000 |
author_curate_reward | "" |
voter | weight | wgt% | rshares | pct | time |
---|---|---|---|---|---|
roseblack | 0 | 0 | 100% |