Steem 19 Hardfork Gives A Huge Increase in Post Rewards for Most!

in #steemit7 years ago (edited)

after steem equality 19 hardfork 2.png

The Steem Equality 0.19.0 hardfork update so far is a success in increasing post payouts for most authors while greatly reducing the rewards of top posts! My posts overall are up 5% because while most went up, one of my top posts dropped 35%! It seems most users are seeing much higher increases than me while those at they very top are down even more than my top post. This means the average post on Steemit is should now be receiving much higher rewards while the very top posts will get a fraction of what they would have received before.

Would you read this post for a review of the before and after screenshots of my post earnings as well as expectations for how this will impact posts going forward? The screenshot above shows the totals by post while the screenshots below show the before and after in detail!

My rewards BEFORE Steem Equality 0.19.0 hardfork update!

steem rewards before hard fork 19.png

My rewards AFTER Steem Equality 0.19.0 hardfork update on the same posts!

after steem equality 19 hardfork.png

Here is a quick breakdown of the results.

  1. The total AFTER the hardfork for my recent 7 unpaid posts was 1.0532 times the total of the BEFORE meaning a 5.32% increase came as a result of the hardfork update. BEFORE I was set to receive $3,788.65 in rewards. After on nearly the exact same votes I am set to receive $3,990.33. The difference in time was about 10 to 15 minutes on the data calculated meaning additional votes did not make a significant impact on the final result.
  2. EVERY POST WENT UP in value EXCEPT my top post which dropped $616.13. This is VERY GOOD for the average user because essentially the very top posts are giving up a LOT in rewards which is then being shared to other authors. One post I saw before in the top trending dropped around $3,000 with many other top trending posts dropping at the same rate as mine did. The very top 10 authors with this new system are probably going to be down 50% or more on their posts which will then be given instead to many users below the top 100.
  3. My newest post increased the most nearly doubling in value from $187.44 to $345.74 for an increase of 1.8445 or 84.45% higher than before the update! This post was also the lowest in value which is VERY GOOD for the average user posting. It should now be much easier to get a post to $1, $10, $100, and $1,000 while being much more difficult to cross $2,000 and nearly impossible to reach $10,000 with the current price of Steem.
  4. The least improvement was in my highest value post at $490.19 before which went up to $587.30 for a $97.11 increase. This seems to indicate that the exponential curve really was impacting posts valued over $500 taking many to the moon while the lowest value posts were getting almost nothing from initial votes.
  5. Comment values appear to be WAY UP on my posts with EVERY COMMENT I VOTED ON at https://steemit.com/steemit/@jerrybanfield/becoming-a-steem-witness now worth at LEAST $3.58! This is VERY GOOD NEWS for commenting because the linear system means earning a few dollars on a comment now is much easier while getting a very high value comment for hundreds of dollars will be more challenging.
  6. MY automatic vote on my new posts at 50% voting power is now worth $20 instead of less than $1! WOW WHAT A DIFFERENCE! I now voted my own post up $20 just by posting it at 50% voting power which done yesterday got me less than $1! The last post I made before this update voted my own post up $0.50! That is a HUGE change! The downside is I just unloaded my voting power from 50.16% to 49.19% with just one vote meaning it will be much easier to use up all my voting power at 100% but WOW what a difference voting on my own post! If I do the math right I could make $50 to $100 a day just making my own posts without anyone else voting on them!

In summary I LOVE THIS UPDATE so far not only for the rewards increase for the average post but now because I can spend more of my voting power on my own posts with the 4x increase in voting power. However, changes in voting patterns due to now exponential curation rewards might impact results going forward because it may become most lucrative to vote up top trending posts in exchange for earning more Steem Power in exchange for the vote.

For users not in the top 100 authors, I think this update will be EXTREMELY HELPFUL to earn more! Here are a few examples:

  1. @aarellanes had posts at about $1 each which are now at or over $3.50 each meaning his rewards approximately doubled with this hardfork!
  2. @gmichelbkk appears to have nearly doubled the value of his post from $1 to over $2 with this update!
  3. @jordanarsenault had an intro post that appears to have went from under $5 to over $13 with this new update!
  4. @robertgenito appears to have a significant increase in the value of his recent posts!
  5. @adil who is making so many posts I cannot keep up appears to have went from earning several hundred dollars before this update to now I believe he is over $1,000 already within the last week! I hope he thought to collect the data before the hardfork so he can present the increase for him! According to his recent post at https://steemit.com/steem/@adil/wtf-just-happened-to-my-money titled "WTF JUST HAPPENED TO MY MONEY??" and "I just Made Around $1000, I been here only a week, I mean I did Post a Lot." I am guessing my assumption was correct here!

Thank you very much for reading this post with the Steem Equality 0.19.0 hardfork update results and to each of the Steem Witnesses at https://steemd.com/witnesses that voted for this update! If you found this post helpful, would you please upvote it to help others read it and to help me continue being here with you today?

Love,
Jerry Banfield

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Wow $44 dollars for one comment, time to make hay while the sun shines, thanks Jerry!

WOW, now i have to follow you bro!! :)

Just made you enough for like 3 hours of uber driving haha.

@stackin Hey I live in Vegas, lets hang out some time.

Really @inventor? hit up my Steem profile, Facebook link should be there to chat :)

this actually crazy

Wow...they are getting $40 plus for one comment..now I understood why rich are getting more rich and poor getting more poor😌😌

got a lottery of 40$ for just replying.lol

When you have only one week in Steemit and you read this type of posts.

I feel the same way. I'm a total noob and don't understand what I just read at all!

@inventor16 thank you very much for upvoting and commenting here! Nice $44 payout on your own comment!

@jerrybanfield Just returning the love brother, I'm all in on steem!

Hey! 40$ vote up!

Upvoted :)

Wow I can't belive you actually did vote me up !!!

Haha 😂😂😂

Jerry, you are my hero! :D

Jerry, thank you for educating me on Youtube on Bitcoin and guiding me through the confusion until I actually ended up with some. I saw your references to STEEMIT and took a look. I finally got here minutes ago and thought it only fair to check on you first. Knowing nothing about the fork, but if you love it, then I love it. Thanks for everything, Bro! You make a difference in people's lives!

$44 guy right there!! We want to be just like you haha

What do you call this level of generosity man.....It's What you call not stop giving.

JuicY of 'the'JuiciesT .. MEatB'ALL-S !! - )))
.. hello SELF .. you're AWESOME !! - ))
no no .. ThanK YOU self !! - ))

ha ha )))

HappY for YOU !! - ))
.. youtube follower crossover - ))
EnthusiasM ... i'm a sucker !! - ))

LOVELOVELOVE )))
greb'Z )

DoeS it ALL feel dreamy ?? - ))
.. it does for me - ))
.. and it kind of looks like this - ))
https://steemit.com/spirituality/@fun-along-theway/hard-for-k-19-minnow-extinction-project

This is money you can use to buy yourself food for a whole week. Or you can buy a really nice meal for one day.

This is ridiculous! $80 on 1 comment ! Doubling down yours :)

$44 dollars oooooo! my God... please vote me also

pleaase follow me now i'm following you bro. https://steemit.com/@sabresaad

My upvotes please go to the moon :D

40 $ show what you can do :D

Steemit is the place to be right about now.

I joined at the right time hehe

wow! this is insane.

I'll also try my luck

Steem 19 Hardfork will, give back the rewards to the people and not to the big Companies !

I followed and upvoted you. Please do the same for me ;)

you won jackpot on this comment!

44$ for comment 😯

MY OWN VOTE PUT THIS POST UP $20 WOW! Yesterday my own vote on a new post was JUST A $1! How much just for an upvote on this comment do you think?

Upvoting own comments is a big temptation....which is why I am doing it here :-)

OMG I can give myself $20 A COMMENT THIS IS CRAZY!

I JUST GAVE YOU 32 CENTS

19 cent #upvoted ?!!
That's WoW !! 😎🖒✌
Best regards from Cologne Germany @jerrybanfield
Have a nice evening
Lars @laloelectrix

well deserved even more @jerrybanfield...
already aspiring to be like you

I think Steemit will definitely attract a lot of new users now to join this lovely community!
Best,
Rick

yes @bluesky2100

do check out my first blog post....2 new ones today...support a new member who is inspired to greatness through steemit..your upvote an d comment is appreciated

that is so amazing, how is that even possible! :D

Lol ,my upvote on this post gave just $0.002

holy crap lol

i just made this a dollar i think ;)

Yes it does. When I voted up your article, notice an increase too.

Please Up Vote, Resteem and follow me @yehey
Thank you.

This is f***ing unreal!!!!!

it's so unreal!!

Wow, with my upvote i gave you 2 cents :)
Not bad tho

: ) check out my post on BitConnect

Just gave you a few cents - its something!! :D

This is fenomenal you're almost at $40.00!

Power of Steemit !

Let's do this!!!

show me your power. please for upvote :D

I think 100$ at least .. Power is in $teem POWER! WOW!

I love this update too! Love you back Jerry, share the love!

HF 19 will attract more and more users, force people to power up and Steem price will surge to new ATH.

Yea this is insane...

Thanks Steemit for the hardfork. I just joined the community a few days ago and this is huge for a non-whale user such as myself. This will help get the word out and encourage new users to join this awesome community. I feel like I joined late, but I know I'm way ahead of the mainstream. I can't wait to see how much growth we will have in one year.

They say change is good, I think so! Thanks for the post Jerry!

Jerry guided me to this site and all I can say again is thanks Jerry!!

Wow this change makes a vote from a whale high desirable - feel free ;)

You just gave yourself $5.89 voting your own comment up!

Yeah - you inspired me to do in one of your videos HAHA

Too right haha

I am fucking loving those changes.

And I might need more steem now....

Wow $5,05 for a single vote! Congratulations! I was $ 0,02!! Now $ 0,52!! :)))

I need to recharge pretty soon I am sure

but till then I will upvote like a maniac

spread the new steem love

That fork is refreshing. I am votin like crazy too. :))

YES I think the Steem price is going to keep climbing as more of us buy more with this new voting system!