This report provides a snapshot of posting activity on the Steem Blockchain over a 7 day period.
- How much is paid out on posts?
- Who is getting the payouts?
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Without a doubt money talks. Many are attracted to Steemit for the rewards. A rise in price correlates to increased user activity and increased funds for distribution via the reward pool. Focusing on the payouts of posts we can get a feel for a key driver of activity on Steem/it
This report is divided into 3 sections. In the first section we analyse individual post payouts in detail. In the second section we take a weekly view focusing on the relationship between different types of authors. The final section looks at the top 50 payouts by individual account.
We separately analyse the Payouts by:
- Reputation of Author
- Steem Power
- Date of Joining / Duration
- Automated vs Manual Posts
This Automated/Manual categorisation is based on frequency of posting activity over the last 7 days
The data for this report is sourced from https://steemdata.com/ by @furion
Payouts per Day (ex comments)
Over this 7 day period there were a total of 347k posts with a total payout of 1.1m $. That gives an average payout per post of of 3.2 $ in the week.
- The mean Payout Per day was 3.2 $
- The median payout is a lot lower at 0.032 $.
- The mean number of Posts per day was 50k
Individual Posts
As can be seen from the difference between the median and the mean post payout there are some large outliers. This next graph shows the payout on individual posts for each of the last 7 days.
Each dot represents a single post
Daily totals give a high level overview but we can examine subdivisions or groups of authors to get further insights into who getting the posting rewards, and who is posting.
The colour in the following graphs represent different cohorts of Steemit Accounts. This highlights activity on these different groups of accounts.
Reputation
It can take a while to build your reputation and the system is designed so that it is easy to lose it. You don't want to get downvotes from people with higher Rep!
How much are posts making each day for people of different Reputations?
Steem Power
Steem is a stake weighted platform. If you have more stake your vote is worth more.
How much are posts making each day for people with different levels of Steem Power?
Account Duration
The first accounts were created in April 2016. We are now passing the 700k account mark. Absolute number is important but retention is also important.
- How many people who joined over the course of the last year are still posting?
- Who is creating the bulk of the daily content?
How much are posts making each day for people that have been on Steemit for different lengths of time?
Automated Accounts
If there is one, what is the number of comments a day that we could use to identify automated accounts?
I would propose anything higher than 4 posts per day (on average) uses some sort of automation. This number may not be correct but it's a starting point for our analysis.
Automated accounts may post daily reports or in some cases may just be people spamming the system with low quality content or content copied from other sources. Not all automated posts are bad and some provide a useful function such as daily statistics, market analysis etc. Splitting out these automated accounts will be more relevant for comment activity however it's also worth tracking for posts.
How much are automated posts making each day?
- This graph surprised me, there are many posts in the automated category making significant rewards each day.
It is useful to look at numbers of posts on a daily basis but aggregating over a longer period gives us additional insights.
Posts per Week
In the second section we take a weekly view of post payouts with the aim of identifying different cohorts of posters over the week.
Let's examine the breakdown of the weekly post payouts by the categories we have looked at before.
Reputation and Duration Since Account Creation
Reputation and Steem Power
Duration Since Account Creation and Steem power
We can also split the data slightly differently to look at these features. The remaining graphs in this section look at Posting Activity with account Creation Date Plotted on the x axis.
In this third and final section we look at aggregate payouts over the week on individual accounts.
- The top few posters really skew this image. Lets look in more detail by highlighting the authors of the different categories we have looked at before.
Related Content
If your looking for more daily statistics:
- @arcange produces daily reports with really useful data.
- steemdata.com, a website by @furion, has live interactive charts
- #blockchainbi and the other members of the blockchainbi community,spearheaded by @paulag, over at @Steemitbc produce detailed analysis on all things related to Steemit.
This Post Payout Report will be published on a weekly basis going forward as well as further analysis that takes a look at Posting Activity. I will also provide longer term trend analysis in a similar format on a less regular basis.
- What area of this report did you find most useful?
I would love any feedback to improve or clarify any of this analysis.
Thank you for reading this. I write on Steemit about Blockchain, Cryptocurrency, Travel and lots of random topics.
