Still available. Due to the increase in BTC value, the cost for low-level members is now reduced to 0.006 BTC. The promotional offer of free accounts for Sr+ members continues.

You may be right, but I'd say wait until after July 4 to assess. That's when the system for recirculating voting power starts.

6. p2p
7. bter.com
8. hitbtc.com
9. xmr.to
10. openbazaar

Not all of these are recommended. In fact I recommend none of them. Do your own homework.

I've traded Monero at least 5 different ways and probably more than that.

It may (in fact it seems to be taking a pretty big dive already), but the economics of Steem are pretty complicated. One thing to keep in mind is that none of the above rewards are paid in Steem. They are paid in tokens that can be converted to Steem, but only in specific ways. Steem Dollars are going to pay interest too, so some may hold on to it. Others certainly won't. It will be interesting to see.

Here is a post with statistics. It is a week old and in the past week new user signups and posts have really taken off.

https://steemit.com/steem/@dantheman/current-payout-distributions

An equal amount of Steem Power will be distributed to posters along with the Steem Dollars. Of the people on the leaderboard, only @dantheman and @dan are steemit insiders (both are accounts of Dan Larimier, the CTO and lead dev). The rest are community members.

There was a counterparty asset was created by a community member to issue tokens that would be backed by CK HODLers fund (S-HODL in-game), which is 80-90% CKG (the rest being interest-bearing debt issued by the Town). The reason for doing it that way is that CKG pays dividends which would be difficult to handle in the case of a token, especially for tokens held on an exchange. S-HODL reinvests all dividends and interest payments, which converts them into token price appreciation.

However, very little effort went into actually trying to get the token listed on an exchange. The game master seems more interested in being the game master than dealing with such structural matters, which is his prerogative, but at the moment it looks like no one is actively working on an exchange listing.

If another community member wants to more aggressively pursue it, perhaps ownership of the existing counterparty token could be transferred, or a new one created.


You can do this by registering in the game. A foreign owned corporation character (which I think has a one time registration fee of 50 XMR, but you could possibly recover this later by reselling the character) does not need to deal with gameplay and can simply hold assets idle in the account at no ongoing cost.

If you do that I would recommend buying the S-HODL in-game asset instead of buying CKG directly for a few reasons, including that, as above, you won't need to deal with reinvesting dividends. If you hold CKG directly then you will get payments into your character account every week that will sit idle until you log in and reinvest (or withdraw) them.

There have been some reports posted, with many people receiving thousands of Steem Power and some much more than that. If I have time later I will post links.

Any time you look on the site and see a dollar figure (and it isn't hard to find hundreds or thousands of dollars on a post), half of the amount paid will be in Steem Power (half to the author, half to voters). So a post or comment with a displayed reward of $2000 will pay out $500 worth of Steem Power (about 1500 SP currently) plus $500 in Steem Dollars to the author. And that is for one post. The payouts on July 4 will be the total of everything posted since the site went live beta. After July 4, payouts using the same methods will continue daily.

More broadly, every day 28800 Steem Power are allocated to be paid out for content. Most likely there will be multiple people receiving thousands of Steem Power every day for the most popular posts and comments, although how exactly it gets divided up depends on voting.

Of course, it is still in beta, problems may occur, calculations may be wrong, values may change based on market prices and usage, all crypto is experimental, nothing is guaranteed, etc., etc.

It looks like the Monero onion explorer at http://xmrblocksvckbwvx.onion can be used to search for spent key images. Of course in this case you are trusting the operator of the site. Verifying it with your own node would be safer, though the functionality to do that currently doesn't exist in any developed utility afaik.

This is wrong twice.

First of all, miners can't dump. The mined coins (Steem Power) are locked for up to 2 years.

Second, Steem Power doesn't suffer the same high inflation as unlocked coins (Steem).

Nevertheless everyone should make up their own mind about mining and/or investment value. It may be a bad idea after all.


Voting is stake-weighted (aka Steem Power). If you have hardly any stake then your votes aren't worth much. If you want more influence then you have to buy (or later earn) Steem Power.

Right now this means voting is dominated by whales. But that will change rapidly starting July 4 when the rewards start paying out. People who post or comment and get a lot of upvotes will then receive large payouts in Steem Power, regardless of their existing stake and without having to buy it. They will then start having a major influence in voting.

The idea is to automatically redistribute voting power out to the most productive and respected participants. Once there are a lot more people with big chunks of Steem Power than you won't be reliant on a small number of whales to get good upvotes; there will be many others who can do so as well.

Cost effectiveness is close between mid range GPUs and high-efficiency variant server- or SoC-style CPUs. The CPUs probably have a small edge there on H/W and the GPUs a larger edge on H/$ so pick your poison.

I don't really know what people buy on eBay but I do know there sometimes spectacular deals when huge volumes of 1-2 generation old servers are being dumped off their leases.

But mostly it doesn't really pay to buy equipment specifically to mine Monero (or much of anything?) unless it happens to be pumping. If you have the equipment, great, it might be worth using.

Sounds just like gambling to me. Whether people have a better chance to make money in this game or the lottery is unclear.

Yes, that explains the altcoin scene exceptionally well. Not!

In the end that will likely work, and yes there is a very good chance that turns out to be Bitcoin, but the level of activity you see in altcoin trading isn't consistent with other people pursuing that approach at all.

BTW, I have rarely if ever bought a coin for the purpose of flipping it. It may have happened (if I happen to see someone trying to give me money I will often allow them to do so), but I don't remember it. No doubt plenty do do that, which is exactly the gambling game you say is is 'smooth propaganda', but actually explains the observed behavior a lot better than your theory.

And as I've said before, I own more Bitcoin than alts and more fiat-based and hard assets than Bitcoin, which more or less reflects my assessment of their relative probabilities of being worth anything in the future.

But Ripple had a market cap of $850 million. The markets can't be wrong, right?

FWIW, I'm not really as negative about Ethereum as many people, but the annoying Eth supporters who show up convinced their coin is going to "take BTC crown" are at least as annoying as the Ripple supporters were back then. The story, by the way, is much the same. Corporate support that Bitcoin will never have, etc., etc.

Could not agree more. Locking up value that long is high risk. Potentially high return, but no doubt whatsoever about high risk.

You could always try it out with a free account though. No risk there, other than maybe wasting a bit of your time.

You must be new around here. I see the same tricks being used in crypto at least 5-10 times.

It is educational about how humans actually behave as compared to how you might think they'd behave, I'll say that.

You need to add another (different) witness= and miner= line on each computer.

When one witness is busy (in the queue), it will switch to the next one, and your CPU will not go idle.

Do not use the same witness on two different computers.

So something like

witness="witness-1"
witness="witness-2"

miner=["witness-1","WIF1"]
miner=["witness-2","WIF2"]

Hope that helps.

@q327K091

Do you have more than one account set up in your mining config.ini file? When PoW is found for one account, you can't mine for that same account until that PoW reaches the front of the queue (roughtly 2 hours). If you have multiple accounts set up the miner will switch to the next one, otherwise it will idle.

BTW, as a reminder, if asking for troubleshooting help here or elsewhere, never post your mining config.ini file without first removing the private keys inside it.

Yeah let's do it. How much of a bounty do people want to get it done?

Not that I know of. Polo kept their wallet and manually handled withdrawals for people even after the delist. They still do afaik.