43 days back I made a great decision to join Steemit. I had no idea what Steemit is? But I have got an idea Steemit will pay you for your content, Posts, Upvote and Resteem. My introductory post made $0.47 🙂🙂.

When I found out steemit, I was super excited. At last, I made some dollar from a social network. but the problem arises during payouts period. I have earned 7 dollars and I was paid 3 SBD. I was a little bit confused 😕😕 where is my money going?

source

I have conducted a thorough research and read some article in the steemit and found out the money distribution at Steemit. This is not for experts. This is newbie friendly post. I will explain where is our money going. For doing this, I will choose one of my posts. I have chosen a post titled "Travel with me #1 - Visit to Kuwait Scientific Center" and I have made $10.60.

Payment Distribution Breakdown:

I was expecting $10.60 in my wallet. But this is not the case. Rewards are divided for authors and curators. 75% for Author and 25 % for Curators. In my case, I got $8.06 (75%) and curators got $2.54 (25%).

Author rewards also by defaults divided into two parts as
-Steem Power (50%)
-Steem Dollar (50%)

To better understand payment distribution, I am using a website https://steemstats.com . You will get a real picture of your payment distribution. My post payouts are as follows

As you can see, I got 4.03 SBD (half of 8.06) and 2.747 SP (Half of 8.06). Remeber, Steem power is not equal to SBD. During my payouts period, 1 Steem or Steem Power = 1.4690 USD. That means I have got 2.747 SP = 2.747 * 1.4690 USD or SBD = 4.03 SBD
Total = 4.03 SBD + 4.03 SBD = 8.06 SBD (75% author rewards)

For your calculation, You may remember this,

1 Steem = 1 Steem power (steem and steem power are the same thing. Steem is liquid while steem power represents how much influence you have on Steemit) - Thank you Hive account@sstefan for clarification.
1 SBD = 1 USD (approx)