Today I am going share personal experience of me.Both steemit and minds are good social media.But steemit developers are really so fast.They are developing their website very fast.That is good .But If You are new creators then it is really tough to get upvoted in steemit.But incase of minds you can get lots of free tokens.By using those tokens you can increase reach of your content which really amazing.If they pay just like steemit then they will be a big competitor.