Curation is one of the main incentives for buying and powering up Steem, but how much can you really make from Curation? Well, I will put forward my stats so that investors can get an idea of what they will get in return.
It is important to state that I use Steemvoter as a tool to vote for my favorite writers, I usually vote them after 27 minutes of their post, but for some popular writers I try to get in early in the 15-20 minute mark. I also vote manually and this is what usually makes a difference. However, my curation strategy has not gone through great deal of thought, so you could say that my stats can show what a “normal” Steemian could make by voting content.
- Total Steem Power: 37,500
- Weekly Curation Reward Avg: 67 Steem
- Estimated Yearly Curation Reward: 3,216
- Yearly ROI: 8.57%
That is not a bad ROI for “doing what I do for free” on other social networks. I think this is a strong selling point for Steem.
I have about 11500 SP, but 2300 is delegated. I do some automatic voting, but a lot of manual. I do it to reward others rather than with an eye on my own rewards. I make 10 to 12 SP per week from curation.
I may delegate more as I want to see more minnows earning.
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Love what you doing to make a difference.
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Love what you doing to help others
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My weekly average is 15-20 steem of curation rewards without using steemvoter. I guess yearly ROI should be around 8%. Whale with 500k steem power would earn 40k extra steem just by curating. Very nice numbers for anyone thinking of becoming a steem whale. With a huge possibility of price of steem going up with 8% of ROI buying steem sounds even better.
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Awesome Chitty! Thanks very much for this; and also thanks for the Steemvoter link, I am so behind on these things. I hadn't even heard about it; I'm off to check it out right this second! :-)
Cg
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No probs old friend!
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So is it a separate log in then? I thought it would be linked to Steemit, no?
Cg
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Its a separate service, make sure to log in with your posting key, altho it is run by a respected member of the community.
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Ah I just tried logging with my posting key, maybe I made a mistake; I'll try again.
Cg
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Sorry, I explained myself wrong, you make an account with normal different key, then you add your steemit account with your posting key.
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Aha I see! I thought you meant that, but just wanted to clarify :-)
Thanks again!
Cg
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I am not doing much actually... but I wish there was a way to dynamically take my SP and use it like... at the end of the day... for something I could choose...
Then I could evaluate within 7 days that allocation.. and rectify if needed.
I am only 3200 SP (with 1000 delegated) but I think many will recon what I am trying to say.
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One of my weak points in Steemit is my curation returns. I have played around with steemvoter, especially while traveling, and I haven't really been happy with the results. So, 90% of the time, I am a manual curator. I attempt to find a balance between roi and helping others who are creating great content. It's a difficult balance to aim for and I'm certain I'm off the mark most of the time.
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in the beginning I voted for everyone , now I'm starting to realize it's a waste unless I vote for those articles and content writers then I like to read and they provide good information all the time . I may not be able to get to them all the time but they deserve the vote . I'm going to starting using the Steem voter . It's nice to see how you're doing great things for the community
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How much are you putting in ?
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Its stated on the post: 37,500 Steem Power.
I think its important to point out that the Steem Power that you "put in" remains yours and it doesn´t depreciate like a mining equipment would. That alone makes Steem a great investment!
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Not bad but not very profitable.
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I really need to do some reading up on exactly how curation works but I have noticed rewards for it so can only be a good thing. Is it fair to say if you are actively contributing upvoting and making valuable comments then it should take care of itself?
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Yes, as long as you keep voting it will add up.
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Thanks for turning this into a blog post. information is sure to come in handy, but more than that, it gives me great confidence to know your hard work is being the useful.
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Great post :) if u want u can look at my last video:
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I haven't quite figured out how often and when is best to upvote but it is good to know what is possible with more steem power.
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I have only a few SP but still love reading others articles esp that that have been on steemit for longer than 1 year.
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0.0001 lol
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I can't say exactly how much I make from curating, but I do love the fact that Steemit has such a great balance that there is an incentive to do both curating and posting. Whenever I feel I have a writing block I just curate and vice versa. It keeps the network spinning . You are doing a great job !
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Thanks for this insight. I do totally manual voting and have looked into some of the automatic voting and I am not comfortable with a lot of that yet. I am sure I just need to look into it further.
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good
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Currently making around $55-$60 a week :-) in curation
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Thanks for your explanation, I like your post
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honestly i dont know what you talking about ( i'm just discovering steemit)
but good job
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This is great news. Well done!
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i make little or nothing but i wish to do
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And I just try to keep up with 10 votes. I have no special curatorship, and I do not worry about them.
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with 5,7k: ±10SP per week (voting with a bot)
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It's ok as long as I earn, it doesn't matter how much it would cost. I'm thankful to steemit and to my fellow steemians who give time to explain and share info like this. Thanks @chitty
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I doesnt "cost" you anything, the Steem Power remains yours.
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I see. Thanks @chitty! Done up voting.
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That is Great ROI such a cool use of Steem power 8.57 for this example is not bad at all its incredible indeed but i would like to know is it necessary to upvote right at the 27 minute mark i read it in the FAQ's of the Steemit :)
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