I have not really put in the effort here till I see a first payout. Not really convince about this model until I see actual payout. And at the moment, I see that the earnings are not evenly spread. Which means as long as some people who can hold multiple steemit account and load it with more steem power through usage of bitcoins,they will be able to mass upvote their own post and get big earnings.

I have ran test here and so far I can see that the earnings are not good enough for the effort put in unless you have accounts with high steem power. This is a good example of the rich getting richer. It is not so much about the quality of your contents but the ones who vote must have high steem power.