Im new to steemit and am wondering how to figure out the value of each vote.
Authors get paid when people like you upvote their post.
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Your vote power is determined by the STEEM POWER in your account.
https://www.steemnow.com/upvotecalc.html
The site SteemD.com shows all transactions on the blockchain. This page shows all of your transactions:
https://steemd.com/@tigerhite21
It says that @steem delegated 15 HP into your account. So, go to the upvote calculator and type in 15; you will see that your upvote is worth $ 0.0001 .
Yep. It is worth a hundred of a penny. Each upvote consumes 2% of your voting power. Your voting power was at 98% when I wrote this.
It regenerates at 20% per day. That means you get ten upvotes a day. Your ten daily upvotes are worth $0.001 ... a tenth of a penny.
The reward pool comes from interest on STEEM. This is why the upvote value is so low. In general you need to have $250.00 in STEEM POWER for your upvote to be worth $0.01. Ten upvotes would be worth $0.10 ... your daily total.
365 upvotes would be worth $36.50 . So, $250 in STEEM POWER gives you a potential of $36.50 in upvotes. That is a good interest rate.
The risk is that the price of STEEM might fall. The price of STEEM is currently about $0.15. The people who bought STEEM for more than $0.15 are upside down in their investment.
Good luck and welcome to SteemIt.
PS: The site SteemPeak.com shows the value of upvotes for all of the upvotes on your posts calculated in STU.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
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