Thank you for this great easy to follow guide! (Resteemed)
Is it correct that users doing this will actually be increasing the demand for STEEM, because the mining will be collecting a different coin and then selling it to buy STEEM/SP?
Also, was this a typo? The wording has me confused.
mining is something that you should not be doing
I'm not sure about the wording of that excerpt either, but yes, it mines a basket of altcoins, picking the current most profitable, then pays in bitcoin. When you ship the bitcoin to the deposit address, you're buying steem power through blocktrades, so if enough people do this, it should put buying pressure on the price of steem. I had posted a similar article, here.
Cool, thanks!
Not mining that you should not be doing, but assuming ;)
Sorry, I'm still confused :)
Better now?
Yes, thank you! :)