BRO Hive witness- Stats and Analysis

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·@brofund·
0.000 HBD
BRO Hive witness- Stats and Analysis
Hello everyone , a very good morning to all of you . 

Today I will be talking about BRO witness for HIVE . 

It is something which isn't talked about a lot or promoted a lot so I decided to make a post about it with some stats . 


## First block produced on - 

Well the first block is always a special block to any witness . Not only does it mean everything is going smooth but also it means they are contributing to make the chain better by being a witness . 

The first block was produced by BRO on - **2021-04-13 12:10:42**


On the same day , even the BRO post officially stating the witness node was also out - you can check that out [here](https://peakd.com/hive-167922/@brofund/announcing-the-brofund-witness-for-hive)


## Daily rewards earned by @brofund 

What are the daily rewards earned by @brofund for producing the block ?


![Daily.gif](https://files.peakd.com/file/peakd-hive/brofund/EocDqnLj7ukV4C7u9ZSFjP4mwUmVknd7RNw1BQqGzipNicw1R8BLquLofWHydzkTWbF.gif)


As you can see here again , the first rewards was earned on 13th of April . 

1 Block produced will earn you a HP reward of around 1.3 HP .

From the above it looks like 3 blocks are produced at max by @brofund per day and 2 blocks seems to be consistent . 


The average rewards per day is 2.787 HP . 

Note that all the producer rewards are paid in HP . 

#### How does it work ?

Well if I just keep on going without explaining how it works , it will make less sense so I will mention here just the basic details . 


On Hive , witnesses are those who validate signatures and timestamp the transactions by including them in blocks. 

Every round of block production begins with the shuffling of 21 witnesses: the top 20 witnesses (by vote), plus one randomly-selected standby witness. Each is given a turn to produce a single block at a fixed rate of one block every 3 seconds. If a witness does not produce a block in their time slot, then that time slot is skipped, and the next witness produces the next block. 

[Source](https://hiveblocks.com/witnesses)

So as you read above , each round contains top 20 witnesses + 1 standy witness. 

So the earnings for top 20 and the rest changes drastically . 


### Monthly rewards


![Monthly.gif](https://files.peakd.com/file/peakd-hive/brofund/EqNJ3mGwWMcFYnKA2dMtK5VqXBwubhwfCBo4Kni2bJnC7JRSS5ZExDii4kTP4ncnCGi.gif)

April shouldn't actually be considered if we are calculating average since the first block was produced on 13th . 

By observation we can see that we are earning around 90 HP per month through producer rewards , at current price it is a little over 75$ .

#### Total HP earned by @brofund from producer rewards from beginning till now -  *409.3 HP*

#### Total blocks produced by @brofund till now - *327* blocks


### Current position of BRO and why you should support us 


Currently we are at 101 / 90 position 


![image.png](https://files.peakd.com/file/peakd-hive/brofund/23y9KK5nqEx4mVXQRT3DbXwTjCzkmHNUrbCmgF6YShGeD3o42pvEJE1yREowwYagJD5MA.png)


You might ask what the 101/90 is about , 

- 101 is the overall ranking and 90 is the ranking if you remove all disabled witnesses above @brofund . 

We can easily go upto 50th rank without sweat if you guys support us . 

##### Why you should support us ?

1. Hive's first dividend token / investment token . 
2. We have our own DeFi on Hive called @brofi . 
3. We have launched CineTV tribe for movie and Television fans . 


<hr>

That's it from me today , will be back next week with another statistical post . Till then , have a great week . 


Regards , 
BROFUND analysis team . 		


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