Wowow don't say things like that, people will believe it
. The reality for most mods is much less.
Mods get paid in BTC, everything is on the blockchain and accessible to everyone with a minimum of research.
I know what I do for what I'm paid (and I'm not complaining), but I really can't even imagine what those who get the most must do (in terms of handled reports and all the other inconveniences).
My bad, I was certain I read somewhere, where a mod said they got paid around 1000$ in bitcoin,
at that time. Not saying its the case right now, but still don't want to cause a confusion. Apologizo.
You mods really are the goats and are hella under-appreciated. Let this post be an appreciation for everything YOU and the other mods do. You make the forum more nice for us. So thank you.
The vast majority get paid less than that, depends on their activity and whether they're Global mods or not (the latter are paid more per action, IIRC). Current forum funds also amount to >1250 BTC:
https://bitcointalksearch.org/topic/forum-funds-155000 (I'm writing this number here in case someone still failed to follow the link.)
Which means the forum will never have any problems to self-sustain financially.
Interesting, thanks for sharing that, I didn't know. I was under the impression that the payment scale was only based on reports graded/wtv. Good to know.
What if I tell you guys forum used to hold 5500 BTC…. but that was 10 years ago.. of course there is cost involved. Running this community of 3.2m users is not free and specially cost to
epochtalk , so it would be insane if someone thinks forum still holding this much BTC
The forum has about 650 760 920 1120 1720 2267 3000 5500 BTC on hand at this moment, but you can bid more than that.
I am aware of this. Forum had more than 6000 BTC too:
in the year 2013, the forum had received a grand total of 6499 BTC.
The last
mod payment resulted in the mods getting a total of 0.1844
BTC, and was sent in the middle of March. I looked at the previous ad auctions going back a month (based on the end date) prior to the mod payment being sent, and the forum received a total of 0.325
BTC from selling ads. So it looks like last month, the forum spent about 56% of their revenue on mods. At current prices, that leaves about $8100 to pay for hosting, and any other expenses the forum may incur.
I am not sure how much hosting costs the forum per month, but it is probably a decent amount based on the amount of traffic it gets.
Wow thats some zuckerburg skills right ere, Mister. Pretty cool, pretty cool; guess you learn something errydayyayayay. What I am suprised by is even with such a huge btc price surge, people are still spending crazy money on forum ads(0.325 btc = 18,950 USD rn).
Do they invest or something to keep a steady bitcoin because paying mods is going to be draining those bitcoin and the forum software that you are talking about is going to add to that expenses too. Are there still donators to this day that bitcoin price is high.
No, the btc is just kept in a multi-sig wallet. And the last donator that donated was back in 2017? And mods dont get paid from the donation money, they get paid from the forum ads that are sold.