Hive Power Up Day - July 2020
Back in the olden days of Steem @streetstyle came up with Steem Power Up Day (SPUD) which happened on the first of each month to encourage people to increase their voting stake to show confidence in the platform and allow them to give bigger votes to others. Of course there have since been a series of big SPDDs (Steem power down days) due to the platform turning to shit, but this has allowed a lot of people to have a bigger Hive stake.
Now we have Hive Power Up Day, which does not make for such a neat acronym. @traciyork has posted details of a contest based around HivePUD. There are prizes to be won based on your percentage Hive Power increase. I am ineligible due to my reputation score and HP, but I felt like powering up anyway. I had some Litecoin that I had bought with Steem and was keeping in case I wanted to buy stuff, but I do not really need anything right now, so it can go into HP instead.
I converted it using the @blocktrades service. They allow you to convert various crypto coins directly to Hive Power. You can also lease it for 90 days. It looks like I would have got about ten times as much extra HP on a lease, but I would rather own more of it.
If you still hold some Steem you can convert it directly to Hive using the @swap.app service that has a very low fee.
Thanks to selling most of my Steem for Hive I am now close to 48k HP. I have hopes of reaching orca status this year. That is based on vests rather than Hive and I think I need to get to about 51,500 at the current exchange rate.
By the same calculation a minnow now needs about 515 HP. I have been supporting a number of small accounts via the @tenkminnows project. They get automatic votes from that account which has delegations from myself and others. More people follow the voting trail. According to the stats published by @arcange we have been losing minnows since the fork to Hive, so we need to boost those numbers.
Instead of trying to optimise your curation rewards or self-voting, how about sending more votes to those who struggle to make even one dollar on a post? Of course your voting should be based on post quality, but there is quality to be found from all levels of account. We need to encourage good people to stick around and build their accounts up. Not all of them can afford to invest their money in Hive, but they can still earn it.
Hive five!
Nice one there. I also intend to power up as i dont intend to get any rewards until i am no longer a redfish.
Thank you for supporting small accounts... you are such a wonderful man
I am sure you will get to minnow soon. Just keep powering up and doing good work.
Thank you for your words of encouragement
I could not agree more:
This is a difficult space and we only succeed when people support people. It's how I eventually survived :D
This describes me exactly. Every bit of HP (other than the odd tip (for which I am grateful) and my @yourtop3 prize this month) is from my own sweat equity.
I think some people would like Hive to stay as their own little club, but there are so many people out there who could benefit from it. I want everyone to have a chance to earn.
You are too right! And it would be to everyone's detriment.
I will also like to power up....anything to make the community stronger
Do you have some way to do that? You really need to be able to buy Hive, but otherwise just power up all your rewards as they come in.
Ok sir....thanks
I have some Hive I might think about powering up today. Just depends on how busy I get and how much of my work I get done!
I really need the encouragement,I’ve been feeling very relaxed these past few days ,i even tell my self that I’m out of contents ,when I just barely started .
Don't rush to post everything at once. You need to build a following to support you. Entering contests is a good way to start out and may gain you some Hive. Make it fun so you want to keep coming back.
I recommend converting your HBD to Hive to power up. You can set posts to pay 100% Hive Power. Building your HP shows your commitment to Hive.
Okay,thank you ....I’ll start with contests .
Thank you
Thank you
Good of you Sir Steve and I also powerd up all that I had.
Blessings!
Yes, if there's one thing I miss about that other blockchain, it was the neat way the name fit into so many things, including SPUD. 😝
I appreciate you supporting Hive Power Up Day even though you don't qualify for prizes, and even moreso for your support of the small fish population - I agree that encouraging people to stick around will help the entire connunity as a whole. Thank you for all you do! 😊
Hive Adding Power Per Year - HAPPY!
I do this stuff because I want to see Hive fulfil its potential to empower millions around the world. We have to start somewhere and we need all those little fish to get bigger. We can do this together!
Good luck buddy! I am behind and not sure I will continue powering up at the current state - we will see. The community needs more professional structure in my view. The signs are not that encouraging but might be my professional communications background feeling. Thanks to you for all work supporting this community - if we had more of your type I would not be worried.
I am no marketeer, but I will keep doing what I can to promote Hive and help out those who need it. We each have our priorities. I do not need to worry too much about what I make, but I can offer my time. If I can inspire a few more people then I am happy. I try to make it all fun for me. I am an optimist :)
Why so many downvotes? Are you on someones shit list?
It's just some Chinese troll and his bot army who is butt-hurt that I downvoted his crapposts. I will not give him the satisfaction of responding, but then I have enough supporters who will cancel out anything he does and actually come out ahead :)
I wish people would just grow up.
We have such an amazing tool at our disposal and people are using it like this..
Sometimes I think the "powers that be", their "population reduction idea" may not be such a bad idea!
There will always be trolls and the anonymity of this platform makes them feel powerful. We just cannot let them win. I wear these flags as a badge of honour :)