RE: How much SP in tied up in Bid Bots?

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How much SP in tied up in Bid Bots?

in steemit •  7 years ago 

I don't think you can sum up all the Bot-SP and compare them to all SP left because you also have to consider how active the SP is used. For example take a look at neds SP, he has 1,752,000 SP and he doesn't use them a lot. And I don't know how many accounts don't upvote a single thing.

I would say that the bid bots own far more than 12% of the actively used SP.

Well but not that it's a bad thing ^^

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That number would be incredibly hard to calculate.

@firepower has put up another question of how much of the non-bot SP is being actively used on a 24 hour time span?? Hard one,but you are the math guy hahahaha..

The link is here https://steemit.com/steemit/@firepower/how-much-of-the-total-powered-up-stake-is-used-daily-for-voting

It's not that hard at all. Compare daily vote value of the bots with the daily reward pool. Downvotes/flags would throw this off a bit but not significantly.

I think that's actually a lot closer to what people care about. They may say 'so much of the SP is controlled by bid bots' but what they actually mean is 'so much of the reward pool is controlled by bid bots'.

Yep but the final number would be very interesting ;)

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Hard to calculate should not mean that it is not the correct way to calculate it. As such, any other calculations are, in my opinion, a method of obfuscating the real impact bidbots have (good or bad) on the ecosystem.