RE: Deescalating and working towards a mutually beneficial solution by preparedwombat

Viewing a response to: @aggroed/deescalating-and-working-towards-a-mutually-beneficial-solution

stopthepowerdown · @preparedwombat · Jan 18 '19

$0.33

> Normally you power down 800,000 steem a month to sell and use it to pay for expenses.

A quarter million bucks for a staff of 12? Those AWS nodes must not come cheap. Either that, or I’m in the wrong line of work. 😄

Posted using [Partiko iOS](https://steemit.com/@partiko-ios)

👍 mids106, molometer, whatsup, michealb, personz, redpossum, mys

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@ned · Jan 19 '19

$0.03

Steemit full time staff is actually 14; if we're referring to what was stated on the livestream, 12 was not correct - it was misstated.

👍 prime-cleric, edb, valued-customer, chrisrice, mightyblueberry, ivansnz
👎 ats-david

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@cwow2 · Jan 19 '19

$0.04

Why the fuck are you answering to this and not to the entire post? Wtf.

Posted using [Partiko Android](https://steemit.com/@partiko-android)

👍 dustsweeper, marki99, personz, vladontheblock

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@preparedwombat · Jan 19 '19

I’m going to cut @ned a little slack and assume that since a bunch of witnesses are posting #stopthepowerdown posts today, he’s working on a full post to respond to all of them at once.

👍 chrisrice, personz, redpossum

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3 replies

@ivanstrength · Jan 19 '19

A CEO that doesn't know how many employees he has. Visionary Yes, common sense No.

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@michealb · Jan 19 '19

? it just means you don't know how many employees you have

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@valued-customer · Jan 19 '19

I appreciate your commenting here as it shows you are paying close attention to even these details of the conversations.  I anticipate a post regarding these issues in the near future, and look forward to adding my two cents.  

Well, my upvotes not there yet LOL, but I'll be there, for what it's worth.

Given the sentiment I have been reading in posts today, I don't see that you have any other option than to exercise fiduciary responsibility as CEO of Stinc.  I am certain that this is not an easy task, and doubt most critics can fathom just how complex some of the issues are you face.  I am sure I can't.

Thanks!

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@mightyblueberry · Jan 19 '19

Does that include you?

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@atomcollector · Jan 20 '19

#stopthepowerdown

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@madalchemist · Jan 22 '19

Other coins have a picture of their team on the landing page. We have to take Ned's word for it

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@ryanlj · Jan 19 '19 (edited)

No, AWS instances of the RAM specs that Steemit needs cost a fortune (per month!). The majority of that 800K would have been going to AWS costs I’d say. Personally, I was a little surprised to find out that Steemit were running their nodes on AWS. They could have built their own dedicated facility with a ton of high-spec’d servers and multiple redundant Internet connections for that kind of money.

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@shadowspub · Jan 19 '19

might want to be aware that 800k Steem at current prices is not a quarter million USD.

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@preparedwombat · Jan 19 '19

Ballparkish. And at some point during last month, the price was $0.3125 which makes the math work just fine.

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