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RE: [Bounty] Community bounty for open source GPU miner.

in #steem8 years ago (edited)

I would be open to donating, but my concerns are the real necessity of steem being GPU mineable and last I checked there was still no easy way to run a witness unless you run linux. My rigs are all linux for obvious reasons, but I prefer Windows user experience and compatibility. I think it was Sia or LBRC that was only mac mineable for a long time. Regardless as someone that does a ton of mining on a daily basis, do you really want to further devalue steem through profit mining GPU dumps? I would be more inclined to donate to changing the algo to HODL or Scrypt^2 than to promote mining more steem faster. We need less steem hitting the market so the price can recover. Either way good luck, if I feel it's worthwhile I'll consider chipping in some coin.

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The amount of Steem mined per day is not affected by the algorithm or hardware used.

Interesting, so basically people are just mining for higher percentage?

Correct

Thanks for the clarification, I was assuming. We all know what good that does. It was one thing I found strange about steem, but noone mines for free, it's too expensive. Knowing that it isn't just hyper inflation makes me happy.

I think you misunderstand how it works. The amount of Steem produced per day is fixed. I would suggest reading the white paper.

I completely agree and have thought the same thing in regards to changing the algo to HODL which I've experienced since March, it's a good platform.