Powering Down 7 BLURT a Week to Curate

in blurt •  yesterday 

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Gulp.

It happened again.

My BLURT balance dropped below 10.

Oh No!

One needs free BLURT to upvote posts.

As I understand each vote consumes 2% of one's voting power. Voting power regenerates at 20% a day. This means I get 10 upvotes a day. This comes to 70 upvotes a week.

The block report is confusing. The report shows that I am charged 0.1 transaction fee each time I upvote. It also shows that I am charged a 0.1 transaction fee each time I receive a reward.

The block report shows two fees for each vote!

I am not complaining about the fees. There really should be just one fee per action.

The second transaction shows a blank transaction number. So, I appear to be charged only one fee per vote. The fee seems to average about 0.1 BLURT per vote.

Assuming that my understanding of the report is incorrect. I need about 7 BLURT a week to drop my 70 upvotes.

So, I just launched a power down of 7 BLURT a Week. It cost 0.075 BLURT. So, I should start getting an amount sufficient to curate. I have three BLURT for posts and other activities.

If the power down is too small; I will simply miss a few curations.

Why Not Just Write Posts?

I am really burned out on posts. I usually spend an hour or so writing the post.

Okay, I usually write three posts for each post I end up publishing.

Even when I do write posts, I noticed that the rewards received is variable. Some times I receive way too much for my curation needs. Some times I receive too little.

Since both curation rewards and curation fees are relatively stable, I think it is best to draw the funds for curation from the curation rewards. That means a seven BLURT a week power down.

My Rewards

My Curation Report shows that I have 8272 BP am making about 10 BP a week in rewards.

Assuming I pay 7 BLURT a week to curate, I should be making 3 BLURT POWER a week.

Powering Up Author Rewards.

I would love to see my account grow beyond 10K BLURT. So, I will power up 100% of my author rewards.

My Long Term Goal

I hope that some day I will be in a position to earn an income from my BLURT.

I want to continue powering up my author rewards. I will start powering down an spending my curation rewards. I am doing this on other platforms.

For example, [I currently have 712 STEEM POWER. I am earning 1.4 SP a week in STEEM rewards. So, I am powering down 1 STEEM a week.

I have 6155 HIVE and am powering down 10 HIVE a week.

I have a confusing mix of things in Hive-Engine. I plan on selling off half of my HE earnings. I am making about $4 a week in earnings and am thinking of withdrawing $2 a week.

Why not Just Buy More BLURT?

I really want to have 10K plus BLURT POWER. Everything I look at my wallet I ask: Why not just buy some more BLURT?

Then I remember.

I did.

I bought about 4000 SWAP.BLURT on Hive-Engine and the ill fated Steem-Engine. The money disappeared when I sent it to the BLURT SWAP Engine.

Having lost so much BLURT with the swaps, I figure that it is best to just leave it alone and let the account grow naturally.

The Image

I generated an image on Night Cafe of a person pulling funds from an ATM to discuss the need to power down.

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