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RE: Mining STEEM For Dummies

in #steemhelp7 years ago (edited)

Hi @ausbitbank, you are the only witness I have voted for so far. Just saying hi. Also, thank you, you are my best voter. Further, I would highly appreciate an indication of how Steem is mined since you have indicated this post no longer works.

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Thanks for your support :)
Steem is no longer mined through traditional proof of work mining for a few hardforks now.
Block production is now handled by DPOS witnesses and rewards are split between authors, curators and witnesses. You can see the breakdown on where new steem goes on the front of steemdb.com

Very helpful thank you. I was about to look into mining steem since I didnt realize you could do that at all. Then I read your post and you saved me a bunch f wasted time. thank you.

Oh, that sucks. So the only remaining account methods are by proxy with third parties and through cli with your own account? That's a bit sad.