RE: BREAKING NEWS..!! I am pleased to announce that we have seen no less than a STAGGERING 9,714 New Accounts registered in the last 2 Days, catapulting the Year End Target to +555k..!!

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avarice (60)in #steemit • 8 years ago

No idea, it's definitely good that it lead you to Steemit.com.

I challenge you to see if you can earn more than from the Genesis mining contract (0.1 STEEM) from posting on the platform 😉

If you're interested, I'm giving away a prize pool of 75 SBD; that should blow away the ROI that you get from Genesis mining ☺️

8 years ago in #steemit by avarice (60)

$0.00

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jfollas (57) 8 years ago

Researched more - I don't think GM is actually mining STEEM after all. I think it's still mining ETH and converting that to STEEM somehow.

$0.00

avarice (60) 8 years ago

I guess through an exchange - they can work out the rate of ETH / BTC and BTC / STEEM to work out the exchange rate of ETH / STEEM.

That's actually how some foreign exchange rates are worked out - usually via USD.