I'm happy to offer a hand. I knew I'd be taking on more responsibility as a witness when I decided to start a node, but I'm infinitely thankful for all the help you and others have offered in #witness and in DM. Keep up the awesome work, boss. You've got my witness vote :D
I have a VPS I already pay for that I use for OpenBazaar, what goes into being a witness? I have been on Steemit long enough to know the term but still not fully sure what this does, but more are needed?
A Witness at this time requires about 12GB of RAM. Not that bad.
The hard part is getting votes and making your witness matter. You have to campaign, prove your worth, and convince large users (or a ton of small user) to vote for you as a witness to break even and start making money. Until then, it is all out of pocket.
You have to keep a server running 24/7 and constantly updated with the latest, stable version of Steemd.
If your network connection fails and you miss a couple blocks you witness will automatically disable and you have to manually re-enable it.
Ah, so it pays? I did not know this before, I was looking to just volunteer if necessary if I had the extra ability to do so on my VPS, if it is an investment thing, I will definitely be looking into this, thank you for the reply.
.9 SP payment per block witnessed outside of the Top 20.
At 52 I was witnessing about 16 blocks a day. I just hit 50 yesterday and it looks like im on course to witness about 18-19 blocks today.
When you are position 75-100 you see very few blocks. When I first started, it took me 4-5 days to see 1 block. The speed it takes for you to reach ROI is dependent or your ability to get the votes taht matter.
I recently wrote a post about voting for witnesses, you might want to check it out, I briefly explain what witnesses are and how to vote for them. You can also check my witness application, it contains the specifications of my node.
Congratulations! This post has been upvoted from the communal account, @minnowsupport, by drakos from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, theprophet0, and someguy123. The goal is to help Steemit grow by supporting Minnows and creating a social network. Please find us in the Peace, Abundance, and Liberty Network (PALnet) Discord Channel. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.
If you like what we're doing please upvote this comment so we can continue to build the community account that's supporting all members.
Drakos, Thank you for your help on starting my Steem account. you the man
Would you like to see my bunghole?
Thank you very much for the mention! I like helping around when I have spare time :)
Now voting for you as witness @drakos.👌
Dat poem doe! 👌 ... i def read it in my pirate voice
I thought I'd write something fun today 😀
I'm happy to offer a hand. I knew I'd be taking on more responsibility as a witness when I decided to start a node, but I'm infinitely thankful for all the help you and others have offered in #witness and in DM. Keep up the awesome work, boss. You've got my witness vote :D
great post.
Thanks for share.
Try to write meaningful comments, or risk getting flagged.
I have a VPS I already pay for that I use for OpenBazaar, what goes into being a witness? I have been on Steemit long enough to know the term but still not fully sure what this does, but more are needed?
https://steemit.com/witness-category/@privex/so-you-want-to-be-a-witness-clearing-up-some-misconceptions
A Witness at this time requires about 12GB of RAM. Not that bad.
The hard part is getting votes and making your witness matter. You have to campaign, prove your worth, and convince large users (or a ton of small user) to vote for you as a witness to break even and start making money. Until then, it is all out of pocket.
You have to keep a server running 24/7 and constantly updated with the latest, stable version of Steemd.
If your network connection fails and you miss a couple blocks you witness will automatically disable and you have to manually re-enable it.
It is a lot of work
Ah, so it pays? I did not know this before, I was looking to just volunteer if necessary if I had the extra ability to do so on my VPS, if it is an investment thing, I will definitely be looking into this, thank you for the reply.
Yes, the witnesses are rewarded 1 SP for each block they generate, it's like mining.
.9 SP :) And top 20 gets about .18 SP. (btw the payout is constantly decreasing)
0.948 SP to be precise 🤓
.9 SP payment per block witnessed outside of the Top 20.
At 52 I was witnessing about 16 blocks a day. I just hit 50 yesterday and it looks like im on course to witness about 18-19 blocks today.
When you are position 75-100 you see very few blocks. When I first started, it took me 4-5 days to see 1 block. The speed it takes for you to reach ROI is dependent or your ability to get the votes taht matter.
I recently wrote a post about voting for witnesses, you might want to check it out, I briefly explain what witnesses are and how to vote for them. You can also check my witness application, it contains the specifications of my node.
Congratulations! This post has been upvoted from the communal account, @minnowsupport, by drakos from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, theprophet0, and someguy123. The goal is to help Steemit grow by supporting Minnows and creating a social network. Please find us in the Peace, Abundance, and Liberty Network (PALnet) Discord Channel. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.
If you like what we're doing please upvote this comment so we can continue to build the community account that's supporting all members.
This post has received a 0.39 % upvote from @drotto thanks to: @banjo.