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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..!!

in #steemit • 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.

8 years ago in #steemit by
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     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.

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