'The Steem blockchain produces blocks in 63-second rounds: 21 blocks per round at a target of 3 seconds between blocks'
'and of course running their node by getting powered up by 1 STEEM for each block they produce.'
Does this mean the top 19 witnesses (and backup) get 1 STEEM a minute?
Thanks!
The witness pay was changed in December 2016 for full time witnesses to less than 20% of that. For a top-20 witness, it's currently something like 0.18 SP/block generated and falling. For a backup witness, it's something like 0.9 SP/block and falling.
Great. Thanks for the information. Just too late to make it to my blog on Witnesses, but good to know none the less. Being honest, i couldn't work out if (on the old pay scale), if the top 19 were being paid 1 Steem every minute, but the top 19 would change every minute, meaning the same 19 weren't being paid every minute? uhh, ya, think that makes sense?!
Hey @pfunk I am new user of Steemit how can I set my linux server for steem witness to claim steem on every block, sir if possible send me the link and the complete infotmation of the setup .
Thank you
@oodeyaa