Current Rates:

STEEM payment: 2.1x SBD upvote
SBD payment: 2.1x SBD upvote
100% upvote worth: 1.70 SBD
Min/max STEEM payment: 0.01 - 0.5 STEEM
min/max SBD payment: 0.01 - 0.5 SBD
Max post age: 5 days.

Have any questions or suggestions? Send me an email at [email protected]

Steem Power Delegation has become too expensive

Hello everyone,
Bringing some bad news to the table today. As you are all aware the current price of Steem has caused some issues recently. The price of delegation has however not decreased. This means that as of now, delegating steem power is unprofitable.
For a 10 000 SP delegation, it would cost 66.667 STEEM per week, and that 10000 SP delegation would bring in roughly 42.667 STEEM per week. This means a loss of 24 STEEM every week for every 10k SP delegation.
(The above is assuming the price is 150 SP per STEEM per week. Average price is even worse)

So as you see, it is unsustainable to run a bot currently on delegated SP. I currently only have 3000SP saved up with which gives roughly $0.38 Upvote. My best chance to keep this bot running is to wait for my delegation to run out and simply use that 3000 SP to keep the bot running at the much lower $0.38 upvote worth. That is unless anyone here feels like delegating for a share of the profits rather than a set amount.

So if anyone would like to invest a large amount I'd love to agree on a 50% share of the profits. But otherwise I will run with my own 3000 SP at the lower $0.38 upvote worth. Apologies for any inconvenience.

Future updates

Calculate upvote worth automatically
Accurately assess voting power percentage

Have any questions or suggestions? Send me an email at [email protected]

Thanks again for your continued support.

Kind Regards, UpvoteWhale.