What is a power down?

in steem •  7 years ago 

I just started a power down but i don't know what its for? any help? i can't find any responses on the web about it

steem
7 years ago by

Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

  • Disagreement on rewards
  • Fraud or plagiarism
  • Hate speech or trolling
  • Miscategorized content or spam

Submit
$0.00
    1 vote
    1
    Authors get paid when people like you upvote their post.
    If you enjoyed what you read here, create your account today and start earning FREE STEEM!
    Sort Order:  
  • Trending
    • [-]
      ·  7 years ago 

    powering down starts converting steempower to steem. it takes 13 weekly payments to power down completely. steem can be transfer to exchanges.steempower cannot. powering down completely make issues of lacking bandwidth and making you unable to use the site.if you want to power down and still claiming rewards on the way, stop it after first payment and power down again as it is recalculated.

    Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

    • Disagreement on rewards
    • Fraud or plagiarism
    • Hate speech or trolling
    • Miscategorized content or spam

    Submit
    $0.00