2 blocks a month: it is hard being a small Hive Witness

in GEMS3 years ago

Almost 14 days after I have produced my first block on Hive, I have just, a few hours ago, produced my second one.

I have too few votes to get blocks more often, I am positioned at #241 on the rank of witnesses (#142 in the rank of active witnesses) with 117MV voting power voted for me.

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I get almost 1.25 Hive Power per block produced, but because the blockchain only assigns around 2 blocks a month to my node, we can say I would get, optimistically, under 3 Hive Power a month.

I have pre-paid almost $450 dollars for 1 year of server hosting, so even if Hive was at $1 or even $2, I would be far for break even. But that is ok.

Most witnesses below the top 20 just accept they can't break even.

The major proposal I am supporting right now is for the HBD APY to go from 10% to 12%. I was supporting the increase from 7% to 10% before it was more widely accepted, and now I think that 12% is ideal.

If we managed to do this change I think we could stop there and don't increase any further, and wait and promote Hive for a few months to see if it attracts more people for it's DeFi capabilities. That would be great for Hive and Hive-Engine.

Click here and vote me for witness on HiveSigner

Or use your preferred signing tool to vote me:


https://vote.hive.uno/@igormuba

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I already voted for you, but because of your post I reviewed all my votes and made sure they were for witnesses supporting 10 percent or higher for HBD savings. I was surprised to see how many are going for lower than 10!

I review my votes once in a while but my main criteria is to not vote for witnesses on the top 20.

I don’t have much voting power, so my power is better used on smaller ones.

And hey, thank you.

great info for community.. is there any info on what it is? and how to be one?

O que acha de programar alguma funcionalidade para o POB? Há por lá centenas de pessoas prontas para dar um voto a algum witness que olhar pela comunidade

Acho que dá pra fazer, mas que tipo de funcionalidade por exemplo?

Eu tentei estudar a Hive Engine mas é muito difícil de construir em cima, eles dão alguns contratos prontos e você tem pouca flexibilidade e uma documentação muito ruim pra trabalhar em cima.

Te mandei mensagem no Discord

How do you become witnesses? I am interested.