If Your Post Made $10 , How Much Money Did U Actually Got?

Hello fellow steemians, how are u? Im awesome , thanks.

I know it's a little confusing to some so I'll crunch the number's up and show u how much u would be getting if u had a post a week ago that made $10.

First u need to know few things, out of the $10 u make from post :

20% goes to currators - > people who like ( up-vote ) , comment and resteem your post.

40% goes to steem dollars -> currency u can immediately excange in to bitcoin and move to your external wallet

40% goes to steem power -> your up-votes will "mine" more $ when u up-vote simply put.

So let's crunch in the numbers : 20% goes to currators so u've left with 8$.

Out of 8$ u get 4 steem dollars and 0.858 steem power.

Let's dig a bit deeper.

Steem dollar is supposed to be equivalent to 1$ but it's not. Currently 1 steem dollar is worth about 0.0004365 btc

And 0.0004365 btc is about $3.86

So in essence 1 steem dollar = $3.86

And u got 4 steem dollars so that's 4x3.86 = $15.44 + 0.858 steem power ( ~ $4 )

So you see, currently if your post's make $10 u essentialy earn 80% and that's = $19.44.

This is at the time of writing, if the bitcoin or steem dollar rises or falls u would have more or less money.

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Hope u found this article usefull.

If u have any question's feel free to ask.

Have a nice day.