Being a Steem witness is quite different from mining other cryptocurrencies because not only you need to set up your own server, but also get votes from the Steem community so you can climb the ladder in the Steem Witness ranking, start discovering blocks and earning Steem.
You can see the witness list here: https://steemd.com/witnesses
It is very hard to get the necessary votes to be a top 20 witness and the difference in revenue from being #21 and #20 is huge. When you are below rank 50, it’s not even sure you can cover the server cost, especially when the value of Steem is low.
That’s why many witnesses will choose to give back to the community, like creating Steem tools, funding projects, etc… The community will then see they are working not only for themselves, but also to grow the Steem blockchain, and they will be keen to vote for one witness or another because of what they are doing for Steem. Every Steem user can vote for 30 Steem Witnesses, and many do not vote at all.
If you want to become a Steem Witness, I invite you to have a look at and go to http://steem.guide/?reqp=1&reqr= the “Steem Witness Training” section.
You can also access the witness guides on this spreadsheet on Airtable at:
https://airtable.com/shrF00NW4Z99WZX50/tblxbDgjhjN2Lu1jZ
There are 18 guides available to learn how to set up a Steem witness.
I particularly recommend these 2 guides because you can follow the written instructions with screenshots step by step to set up your server, or watch the video at the end.
You may also want to watch s video on YouTube where he explains his own experience as a Steem witness.
$295 A Day Mining Steem?
How do the top 20 Steem witnesses each earn $295 a day building the blockchain in a process we usually call mining? Would you watch this video to see who is earning $295 a day witnessing the Steem blockchain creation because seeing how easy becoming a miner for Steem is inspired me to become a witness?
I hope that this answer is useful for you.
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