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RE: Donating 5000$ and raising money with this post for covering some of SteemData costs + server upgrade. (by @Furion)
Maybe this has been asked somewhere already...
Why does Furion actually need more help with server costs? He has been one of the top witnesses for a while now and as one in the top-20, he is earning 7000-8000 SP per month. At current prices (~$2.85 right now), that's $20,000+ per month vs. ~$3000/mo. renting the equipment. Break-even on the new projected costs would be a $0.50 STEEM price.
For a few thousand dollars, you can buy your own 512 GB RAM server. Cash out a few thousand STEEM from witness rewards just from this month and he can buy two.
Not too long ago, Steem was at 80c.
You're right, I should just power down some Steem to cover the costs. I do however feel bad whenever I do that.
SteemData is well funded given the recent price increase and my witness position. I would like to forward the funds raised in this campaign to other Steem projects.
There’s no need to feel bad for powering down, especially since the witness rewards are received as SP. It’s the only option.
And just to clarify - I get the costs of your project. I just didn’t understand why ~$1000 of post rewards were needed when witness rewards are 20+ times more than that...per month (at current prices). If you cashed some out tonight, you could potentially get about $5 per STEEM. Seems like a great deal to me!
Good luck with your new servers and upgrades! I have a feeling that most of us will be upgrading witness specs again soon with STEEM prices continuing upward.
Your writing is really a beautiful and clean mind telling you, your mind is like a great mountain and sea as a liberal.
Man's love for the people you spell cost whether you may be long live.
DEAR FRIEND THAK SO MUCH
That's why I think, that steem does not scale.
512GB Node ..that is crazy. No one, except rich or already SP rich witnesses could afford running this
STEEM goes further and further away from decentralization. heading into a 20 Witness "diversivied" centralized system
Currently my most powerful nodes has 64GB of RAM.
Yes, steemd is very demanding. No, it does not need that much RAM. Optimizations are on their way (easy to spot while following github). Eventually, what we need from steemd itself works fine with 16GB of RAM.
What we are talking here is the infrastructure to provide SteemData service.
Servers are cheap. Smart humans are expensive, but worth their costs.
Your writing is really a beautiful and clean mind telling you, your mind is like a great mountain and sea as a liberal.
Man's love for the people you spell cost whether you may be long live.
DEAR FRIEND THAK SO MUCH
Steemdata is a backend that powers down stream applications. It will have processing and throughput needs over and above that needed to maintain a blockchain node. I’ve used the api and written big queries... it needs an upgrade
like getting a good post
Your writing is really a beautiful and clean mind telling you, your mind is like a great mountain and sea as a liberal.
Man's love for the people you spell cost whether you may be long live.
DEAR FRIEND THAK SO MUCH
I know..I am good!
Chers!
Hasn't he already crowd-funded some equipment before/
I’m not sure about equipment, but there was quite a few thousand allocated via posting rewards for SteemQ, which then turned into Viewly. And last I saw (3 months ago), there was to be an ICO for Viewly. Haven’t seen or heard anything about it since then. Furion’s social activity on the blockchain has only been one comment in the past two months...and that comment was worth $190+ when I saw it earlier today.
Your writing is really a beautiful and clean mind telling you, your mind is like a great mountain and sea as a liberal.
Man's love for the people you spell cost whether you may be long live.
DEAR FRIEND THAK SO MUCH
Your writing is really a beautiful and clean mind telling you, your mind is like a great mountain and sea as a liberal.
Man's love for the people you spell cost whether you may be long live.
DEAR FRIEND THAK SO MUCH
Your writing is really a beautiful and clean mind telling you, your mind is like a great mountain and sea as a liberal.
Man's love for the people you spell cost whether you may be long live.
DEAR FRIEND THAK SO MUCH
Dear friend
Like getting a good graphics
I announced you
you are a The world famous grapher
Dear friend
Like getting a good graphics
I announced you
you are a The world famous grapher
A single person running SteemData handles System Administration, Database Administration, Network Administration, Development, Quality Assurance, Testing, Planning, and Customer Service.
As a systems administrator and senior developer I was making over $100k/year. At the prices you detailed above, that puts the income around $250k/year. If you don't feel like you are worth $250k/year, or if you think anyone making that much should always spend their own funds and never get help from outside sources, then thats your opinion.
Maybe you just don't realize the amount of time, work, and effort this type of business requires. The upkeep, the research, the optimizations, the idiot users that fuck things up, etc.
Furion isn't just hanging around https://steemit.chat all day. I think he deserves well over $250-300k+/year
Then pay him the money you think he deserves. The difference between this blockchain and a job as various tech administrators is that those jobs are typically paid by a company with revenue streams from their products and services, or from a third party who needs the particular administration services.
If furion needs or deserves $300,000 a year, then perhaps he should work on monetizing his services rather than relying on charity from the limited daily reward pool. From a business perspective, that is what would make sense when it comes to expansion and covering additional costs, not a bunch of “contribution comments” on a post.
And since you’re up-to-date on what furion is doing on the daily, maybe you can tell us what has been happening with Viewly and its ICO? Or maybe let furion know that he can always drop an update on us when he’s not working at his eight SteemData jobs.
He is getting what he deserves. You are claiming he shouldn't. Just salty, I think.
But hey, it is quite alright that we have users posting 10-20 times a day getting $300 on each while not giving back to the community so let's just attack developers that are actually hosting servers and developing and maintaining them.
If you feel this post is overvalued, or any other post, you are welcome to use that downvote button and make that clear.
Now ... perhaps you have some kind of personal issue with furion. To that, I can say or add nothing to. In fact, I am unaware of anything about Viewly ... however, I will likely look into it a bit since you bring it up here.
Hi, our Telegram is always open for everyone to join. https://t.me/viewly . Thank you for your interest and kind words
wow excellent post
Your writing is really a beautiful and clean mind telling you, your mind is like a great mountain and sea as a liberal.
Man's love for the people you spell cost whether you may be long live.
DEAR FRIEND THAK SO MUCH