Is Steemit Like Bitcoin Mining in 2012?

I talked to friends and told them about the new currency...

• Yeah, it's world wide!
• No germs
• No making change
• No banks

Huh?

I explained how mining worked. "You just make a computer, run it 24/7 and it takes care of everyone's bitcoin transactions. No banks involved, and I get paid for it."

I would get lots of questions:

• BTC per day? ฿2
• Dollars per day? $4.50
• Electric bill? $1200
• How do you get real money?
• How much did 12 GPU's cost you?

Then people would say, "You're crazy! You can't live on that."

Or can you?

Same screenshot, from the same time, in dollars.

Steemit is starting to look like a "monster machine" of its own. As I learn more about the workings behind voting, what makes a great post, and how to best reward those who make them - I feel the same as back in 2012.

I had the talent to build what my kids called a "monster machine" and tolerate the noise it made. I could fix it when it broke, overheated or crashed - but blogging?

I am not good with photography or flashy writing, but I can vote on it!!!

Yes, I spent a couple bitcoins on Steem Power. But with no risk, there is no reward.

• Please share on Twitter and spacebook - written for non-techs -

Finally... As a professional Steemit voter, I have to say "hats off" to all of you! We have the best quality content out there. We are not facebook - but then again, who wants that?