Are you dreaming about quitting your current job and becoming a full time DTuber? This can get really tough and it's harder to earn money on DTube / steemit than you might think. Here's a quick and easy calculation for you.
As I'm living in Germany and I only know about the German tax and insurance system I will tell you an example in Euro but you can switch this into any other currency and amount based on the tax and insurance system in your country and of course which fits your lifestyle.
So, my calculation will be made for a desired net income of 2,000 EUR which should be an average amount for most Germans.
If you're a single and you want to receive a net income like this you will need to get a gross income of about 3,000 EUR due to German tax, health and annuity insurance.
Now 1.00 USD is currently worth around 0.80 EUR which means 3,000 EUR would be equivalent to 3,750 USD.
But why am I talking about USD now? Because my calculation will base on the fiction that 1.00 SBD (Steem Backed Dollar) is worth 1.00 USD. At the moment this might not be correct but whether you like it or not, but these days we are steering to this direction and that's what the value of Steem was supposed to be.
So, when you have set your desired amount which you would like to earn in one month the next question would be "How much upvote worth will I need on my content to reach this amount?".
First of all, you need to know that 25% of your total upvote worth under your video goes to your curators and another 25% will go directly to DTube. This means 50% of your total upvote worth is paid out to you, the author.
And this amount will also be split again 50/50 into SBD and Steem Power. So, only 25% of your total voting worth will be available for you for an instant payout.
If we come back to our example with 3,750 USD (or 3,000 EUR) this means you will need at least four times as much total upvotes on your videos, which would be 15,000 of total upvote worth per month. This again means 500 total upvote worth per day on your videos!
Of course, at a certain point you can say that you don't want to reinvest into steem by powering up. But as half of your payout will always be powered up you can't instantly pay out this power. Today you will need about 13 weeks to power down completely to 0%.
I know this is not a precise calculation as there are a lot of different variables which are not included.
Like for example transaction fees, the upvote of your own posts, comment and curation income and the fact that I guess about 15 - 30 minutes after posting the full upvote will go directly to the author.
The idea of this article / video was more about giving the people who just joined or that are considering to join a more realistic feeling of how much upvotes they will need to earn a certain amount of money than they might have.
I hope this article and video were helpful for you. If you enjoyed, make sure to upvote, follow and resteem. And what's most important…
