If you missed any of the drama, here is what actually happened so far in the past few days
An altcoin which was created at 1st Aug was listed 2 days ago in the korean exchanges and as any new altcoin it was pumped by them and everyone got too excited and followed them ...
This resulted in a rapid increase in the mining profitability for the other chain after it adjusted the difficulty yesterday ... and miners started to jump in ...
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That is a about it... Interesting to watch nonetheless
Good summary
Personally, I can claim I'm very engaged so far with the Steem ecosystem, working on developing and growing my reputation, trying to promote the learning process. If the latest price growth of Bitcoin will empower the altcoins, all of this leading in essence to a growing of Steem. But this is only my humble opinion, and there is still a possibility I could be wrong possibly because I'm not fully documented on all levels in cryptocurrency field. One thing I'm certain of : Steem has a lot of potential and anyone involved in the network and community will only have benefits for being in this, the most advantaged being the ones involved in this from the beginning. Anyway, very interesting article! Greatly appreciated and upvoted! 👍 👍