It would come to me as common sense, in a proof of stake network, that the more you hold the more you "mine". Well, Hive is not a PoS network, it is a DELEGATED Proof of Stake.
DPoS means that you can hold as little as 10 HP (Hipe Power) but still be elected as a Hive producer. I myself hold a little over 3k HP, which is very little, but because I have many supporters (thank you!) I have managed to get into the top 100 witnesses. So out of curiosity, I went on to check how much Hive Power do the top 20 witnesses hold.
It is an interesting metric to see how invested the witnesses are in the blockchain. Keep in mind this is not the only metric. Some of those witnesses have built many very important tools! Without tools and development Hive would never grow to where it is now! So measuring their own Hive Power is just a fun fact, the trust community pours into them is what really reflects their value.
Witnesses ranked from #1 to #20
Name | Hive Staked | Account Value |
---|---|---|
@blocktrades | 9,279,548.659 HP | $ 5,196,910.54 |
@gtg | 726,497.573 HP | $ 387,828.01 |
@good-karma | 35,144.855 HP | $ 18,529.46 |
@ausbitbank | 73,678.639 HP | $ 38,674.21 |
@roelandp | 272,784.080 HP | $ 145,025.25 |
@steempeak | 33,680.556 HP | $ 17,828.26 |
@themarkymark | 1,023,780.444 HP | $ 537,509.23 |
@arcange | 296,182.255 HP | $ 155,646.43 |
@therealwolf | 54,566.984 HP | $ 28,778.15 |
@pharesim | 1,160,047.053 HP | $ 637,145.95 |
@abit | 63,642.995 HP | $ 33,738.80 |
@yabapmatt | 99,972.887 HP | $ 52,830.98 |
@ocd-witness | 72,904.298 HP | $ 38,292.72 |
@steempress | 33,428.851 HP | $ 20,943.15 |
@followbtcnews | 37,851.600 HP | $ 20,206.49 |
@emrebeyler | 50,776.333 HP | $ 29,264.65 |
@someguy123 | 159,786.420 HP | $ 85,671.19 |
@cervantes | 109,809.780 HP | $ 57,664.05 |
@anyx | 73,265.784 HP | $ 70,624.56 |
@stoodkev | 222,810.769 HP | $ 116,956.91 |
What about me
Yeah, I am a small witness. After this quick research, even though the Stake itself does not matter (what matters is the votes you get yourself!), I have realized how far away I am from the top 20. Many of them have over $100k invested on Hive, while I, for now...
Name | Hive Staked | Account Value |
---|---|---|
@igormubav | 3,013.124 HP | $ 1,583.37 |
And I am still placed at #96, there is a long way to go.
I used to power up monthly, but I had an accident, I actually don't know what happened, but my main laptop does not turn on. So I can not buy Hive for some time and will have to save to pay for repairs, or worst case, buy a new one.
It was an interesting research though! What did you think about those numbers? Have you noticed any interesting patterns?
Thanks for the list... It really puts it into perspective how much the Top 20 have staked in the site... I wonder if any of the top 100 have less than 100 HP, that would be a fun metric to test.
!LUV !PIZZA
The top 100, like me, do not produce a block each round, they are chosen at (almost) random to produce a block so I thought it to be unimportant.
However I did check a few of them and all seems to have at least 100HP.
One thing to notice is that like 10 of the top 100 are inactive! They turned their nodes offline and do not even post anymore!
People need to check their votes more frequently and remove from such witnesses that abandoned (or took a break) from Hive
Which are the 10 accounts that are turned off and how does one change their vote?
Probably there are multiple ways, but I used to vote in the Witness Voting section of the Hive Wallet.
I would also be interested in who are the above mentioned 10 account, who turned their nodes off. Maybe I will also need to change one or more of my votes.
<><
@igormuba, you've been given LUV from @ahmadmanga.
Check the LUV in your H-E wallet. (1/10)
@igormuba! I sent you a slice of $PIZZA on behalf of @ahmadmanga.
Learn more about $PIZZA Token at hive.pizza (1/10)
Nicely informed.
9,279,548.659 HP perhaps be mine ;)
You might be just a plankton witness at the moment, but as you continue to work for the betterment of Hive and its community, you will earn that high spot also in the future. Keep on grinding and contribute more brother.