iNTRODUCING STEAMIT 2017

Introducing Steem (beta)

Steem is an experimental Proof of Work blockchain with an unproven consensus algorithm.

Currency Symbol STEEM
1.000 STEEM block reward at launch
Approximately 100% APR long term inflation rate

How to Mine

The mining algorithm used by Steem requires the owner to have access to the private key used by the account. This means it does not favor mining pools.

./steemd --miner=["accountname","${WIFPRIVATEKEY}"] --witness="accountname" --seed-node="52.38.66.234:2001"

Make sure that your accountname is unique and not already used by someone else or your proof of work might not be accepted by the blockchain.