Mining STEEM

in steemit •  8 years ago 

So I am trying to venture out into the world of mining, but I am confused on a couple of issues:

  1. The Hashing Algorithm
    I have read on steemit that the hashing algorithm is SHA-256, but I have found no documentation from the developers backing this claim up.
  2. ASIC mining
    If the mining algorithm is actually SHA-256, could I use prexisting mining equipment to mine the blocks?

Obligatory please and thanks!

steemit mining steem sha-256
8 years ago by

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      ·  8 years ago 

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        ·  8 years ago 

      How long have you been on #steemit for @bison015?

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