A Quick Guide on How to Mine Steem !

Hello Steemians!

Steem may be a blockchain-based social media platform wherever anyone will earn rewards by contributive quality content and rating content printed by others. you'll additionally mine it employing a dedicated mainframe miner if you've got some spare power that you just need to dedicate to supporting the network. the knowledge concerning Steem is still extremely fragmented and you wish to pay quite an heap of your time figuring things out even if they are doing not appear to be that difficult. we've got spent your time attempting to induce things operating and that we have managed to with success begin mining Steem, therefore we've got ready a brief guide to assist you start mining on Windows.

The first issue you wish to start out with before moving with the particular mining is to register yourself AN account on the steemit web site. Do note that registering presently needs you to either have a Facebook or Reddit account to use as a method of verification for your registration. once you register you'll additionally earn Steem by posting quality articles on the web site and interacting within the community generally then you'll additionally begin mining mistreatment the guide below.

• Start by downloading the newest Steem Windows wallet and mining for Windows

• The mineworker binary is compiled for 64-bit Windows, therefore it'll not work on 32-bit ones

• Extract the steem-win-x64-012-2.zip archive to a folder on your pc and run steemd.exe

• the primary time you run the Steem Daemon feasible can|it'll} produce a witness_node_data_dir directory and within will generate some extra files and folders

Go within the witness_node_data_dir folder and open the config.ini file with pad of paper or another text editor

• begin by adding some steem nodes to attach to, simply paste the subsequent list below P2P nodes to attach to on startup:

seed-node = 52.38.66.234:2001
seed-node = 52.37.169.52:2001
seed-node = 52.26.78.244:2001
seed-node = 192.99.4.226:2001
seed-node = 46.252.27.1:1337
seed-node = 81.89.101.133:2001
seed-node = 52.4.250.181:39705
seed-node = steemd.pharesim.me:2001
seed-node = seed.steemed.net:2001
seed-node = steem.clawmap.com:2001
seed-node = seed.steemwitness.com:2001
seed-node = steem-seed1.abit-more.com:2001

• Under the name of witness add your steemit.com username (you have to be compelled to register before begin mining), therefore confirm it's one thing like : witness = "myusername"

• below the name of mineworker and its non-public key add your steemit.com username and personal key, therefore confirm it's one thing like: mineworker = ["myusername","yourWIFprivatekeyhere"]

• once setting totally different parameters within the ini file confirm you don’t leave the # check in front of the road because it basically comments it out and also the mineworker behaves as this parameter isn't set, therefore you'll get miscalculation that a witness or mineworker isn't set!

• If you're undecided wherever to induce the non-public key, then simply login to your steemit.com account, attend your Profile then to the Permissions tab. Here you wish to click on Show the non-public key for Active (you may have to relogin first). Do note that the key shown by default is that the public key, you wish to point out the non-public key and use the non-public key within the config! or else you'll use the Owner non-public key, this can be additionally your login parole, however thanks to security reasons you higher persist with the Active key.

• below range|the amount|the quantity} of threads to use add mining-threads = one or higher number, reckoning on what proportion of your mainframe you would like to utilize for mining, additional threads end in higher hashrate

You are currently able to begin mining, simply run steemd.exe once more and expect the blockchain to synchronize, it may take one thing like 15-30 minutes or additional (depending on your web connection)

The steem blockchain is over three.5 million block already, however the dimensions isn't that vast nevertheless, it's around three.3 GB in size, therefore you may would like over that free house offered

In our tests with AN Intel Core i7 5820K mainframe (6 cores, twelve threads) running at twelve threads organized within the ini file we have a tendency to have gotten regarding 44390 HPS (hashes per second) as a hashrate or around 31-33 KHS with simply half-dozen active threads

Do note that the mining apparently needs lots of RAM, we have a tendency to {get regarding|get around|travel|go|move|locomote} 3GB used for six threads and about 5GB used for twelve threads for mining, therefore confirm you've got enough RAM in your pc (8GB or additional is recommended)

All you've got to try to to now's to attend for your mineworker to 1st realize a prisoner block then place you within the Miner-witness queue till your flip comes in to substantiate a block so as to induce your reward transferred to your steemit.com account

Note that the rewards you get once you with success mine and ensure a block square measure in STEEM POWER tokens and not in STEEM and that they ought to seem in your case on steemit.com, earning you one for every block. STEEM POWER square measure influence tokens that earn additional power by holding long run, the additional you hold the additional you influence post rewards and earn for correct balloting on steemit.com. STEEM POWER tokens will be withdrawn (Powered Down), however it'll need two years and 104 payments to convert back to STEEM. this suggests that when you power down you may begin receiving 1/104th of your Steem Power within the variety of STEEM every week till you've got withdrawn all (104 weeks or two years pass) otherwise you manually cancel the ability down, therefore you'll withdraw STEEM, however it's slow and in parts…