@drepo15 reporting,I've been on steemit for 95 days and i'm officially a MINNOW (funny right? I can't help but wonder how long it will take for this status to change). I was introduced by @dreamchasser and we've worked closely together with about 20 other great persons who are all part of our telegram based community of over 900 steemians called @steemitdotcom. Big thanks to @dorth for prompting me to put down this piece.
We officially launched our airhawk-project few days ago, you can check out of introductory post here to see all we stand for. [link]
It is for the growth of this community i'm writing this and one thing i must establish first is that steemit is not a get quick rich scheme but a platform that rewards good work. We all started out as minnows, over 500 of us got our accounts registered in just one week but we believed in the power of the community.
One will chase a thousand, two will chase ten thousand
A lot of posts have been done on steemit giving tips on how to earn on steemit by doing quality posts, we swallowed all this and pushed ourselves beyond our natural ability to do some real good posts but a lot of us were discouraged by the pay outs that came in cents. So we wondered how to really go about this and how to get a whale to notice our quality posts.
We wondered and pondered on this, kept digging in and the answer we found is STEEM POWER (SP).
SP is basically the social strata of steemit. And that is what defines a WHALE and I love how 
As already said the more SP you have the better for you, the more you give authors as rewards when you upvote them and the more curation reward you get. This is found in your wallet in case you don't know where to find it.
So your SP increases by
- Earning
- Mining
- Buying
- Leasing (this is the crux of my discussion)
SP determines the value of your upvote. You can check this out at https://steemnow.com/upvotecalc.html created by 
As at when this screen shot was made 20,000SP will give an upvote worth $2.51 at 100% voting power and weight.
Every new account on steemit is given 25SP on sign up and this is worth 0.01$ upvote. This 0.01$ upvote is shared between the author and curator using this formula
For more on this visit this link.
This SP earned is added to your total SP during payout on day 7 and thats how you grow and earn more SP as you keep authoring posts and curating posts. However this is a very long and tortuous journey to becoming a whale.
You can use your computer to mine some extra SP. This will suffice for this discuss, for more visit this link.
This is another way to go about this but a very expensive route, however there is no big deal about it if you have enough bitcoins as the SP is yours to keep understanding its a long term investement and I must emphasize the importance of this as we truly believe in the great future of STEEM as a cryptocurrency and steemit.com.
Currently on blocktrades 1.0 BTC = 3538.359SP = 3538.359 STEEM = 4181.539 SBD. So essentially 1.0 STEEM is equivalent to 1.0 SP.
Knowing full well that SP is quite expensive to buy there is a leasing option on steemit for minnows who don't have enough bitcoin to buy. 
Three months ago on
@steemitdotcom. We sent steem instead to this account and used it to lease enough SP to cover our schedule and also reach out to other new sign ups especially those with good quality posts with low payouts and those with the introduce yourself tag.
Everyone who sent steem get their reward as author payouts. We had to also move on from here as our
As you already know our new account is@airhawk-project
Now lets get down to basic mathematics, this will help you understand why leasing SP is a good plan. I love mathematics because there is no gray line with it, its all black and white. Before I go into it, i'll introduce you to the concept of voting power and weight.
Every steemit account has a maximum voting power of 100% and every upvote at 100% voting weight costs 2% voting power.
This can be found on your steemd.com profile e.g. https://steemd.com/@drepo15
Now there is a daily recharge of 20% voting power per day, so u can optimally do at most 10 upvotes at 100% voting weight per day. As your voting power reduces the value of your upvote also reduces. Remember we said earlier that 20,000SP upvote at 100% voting power and 100% voting weight gave 2.51$.
Another example here is 20,000SP upvote at 90% voting power and 100% voting weight giving 2.26$.
This allows you use less than 2% voting power on an upvote if you choose to use a voting weight less than 100% giving you room and opportunity to give more than 10 upvotes with the 20% voting power recharge. It also determines the dollar value of an upvote in line with the % voting weight used. However you can't access this feature until you have at least 500SP.
For example the same 20,000SP upvote at 90% voting power and 50% voting weight gives 1.13$.
We'll use a case scenario for this. Imagine i want to use 30 STEEM to lease SP. At the current rate on the internal market it will cost me approximately 37.6SBD.
30 STEEM will give me 1125 SP for a 4 week lease on 
https://www.minnowbooster.net/lease
1125SP upvote at 100% voting power and 100% voting weight will give 0.14$.
At the rate of 10 upvotes daily for 28 days, i'll get 39.2$
Please refer back to point number 1. (earning) to see how this reward is distributed.
This 39.2$ earned is shared between me, the author (at least 75%) and all curators (at most 25%) as previously stated and this gives me 29.4$.
This 29.4$ is further divided as SBD (50%) and SP (50%). This eventually gives me 14.7SBD and 11.3SP (current rate is 1 SP = 1.3 SBD)
I can do whatever i like with the SBD but the SP is added directly to my already existing SP, giving my upvote more value.
You may wonder why you should go through all of this when you won't break even in the 1st month of lease. I'll refer you to the 1st point I made why you should consider leasing SP. The more value your post has the greater chance it has of trending and with really good quality, a whale may notice it and not just upvote that one post but follow your blog for more upvotes. Most of us have experienced this to varying degrees on our steemit journey and i'll encourage us to drop our testimonies as we comment.
There are other booster services that will help your post trend and attract attention but i'll leave that for another discussion.
With steemit comes the opportunity to blog, earn and have fun. I hope this article is helpful to numerous minnows out there trying to find a foot on steemit. You can start as we started. Do a lease, make quality content and encourage yourselves and I know some day, you'll find your foot too.
