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RE: Why do 5 of the Top 20 Witnesses have less Hive Power than Me?

in #witnesses3 years ago

Nope, but let’s take a witness ranked around 50 for example. Currently they are getting about 20 Hive a day. Let’s imagine they can liquidate at $0.5 per hive immediately. That’s just $10/day. Doesn’t really cover much, especially if they’ve developed useful tools for Hive. The amount for top 20 is definitely higher, but a few of them being enough value with what they do over how much they earn(definitely not saying all, as we’ve got inactive witnesses even in the top 20).

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Ah I wasn't talking about those outside the T20, I know the earnings don't covers costs down there.

And of course anyone can do what they want with their stake, I'm just more inclined to vote someone who re-invests and shows a bit of co-operate spirit!

Posted Using LeoFinance Beta

100% makes sense. If a witness is just powering down and not interacting with the platform at all, I remove my vote for them. Even if they aren't powering down but aren't around anymore, I don't see a reason to support them. Its why I don't use all of my witness votes, as I can't find enough witnesses that I can justify voting(some have minor problems, like they can't keep their pricefeed up, or are voting someone on my nono list).

It's a bit depressing, eh?!?

Not being able to use all your witness votes

Posted Using LeoFinance Beta

Sad but a lot of witnesses it just because of one of the votes they/their alt accounts are making. If they’d just remove it...