How To Mine Steem Engine Tokens

in #steem-engine2 years ago


IMG_20171022_182002601.jpg

Steem is a place for everyone to be rewarded for their contributions to the network and we all have our part to play in pushing the project forward. Some of are the content creators posting fun content for the rest to enjoy, others are content curators upvoting content and supporting their favourite authors and others are opinionated and comment all over articles they enjoy.


This is an active way of earning steem and of course the various scot tokens we now have available but that's not the only way. You can also earn tokens passively simply by mining them and it's not as technical or crazy as you may think.

No, you don't need to buy a bunch of graphics cards or set up a node, with SCOT tokens you can actually buy mining tokens that when staked will earn you tokens over time. It's probably the simplest way to mine cryptocurrency on the internet right now.

All you need to do is head over to Steem Engine and click on the market. Mining tokens will either be marked with M or MM. An easier way would be to search for the word "Miner" and it should show you all the tokens available.

Now all you need to do is pick the miner you want to earn tokens for, for Example PAL miner for PAL tokens and stake your coins. Each week your miner coin will bring you a little return for holding the miner coin. You return will vary depending on the number of miner coins staked by others and how many you currently have staked as well as the Miner allocation pool for that specific token

Hope this helps and happy mining!


Sort:  

better to just post and earn via tags, post on https://asstoken.app youll get ass lol

buy tokens, stake, post about it , get upvoted

you mean, it's better than holding miner tokens?

But it's just a random lottery as to whether you get a return or not and the return on investment is painfully long term. I regret buying all my mining tokens now if I'm honest. IfnId just bought the tokens instead I would have made more from staking them and getting curation rewards!

Posted using Partiko Android

Oh, I see. thank you for sharing.

Thanks for this useful information I will try it out

Posted using Partiko iOS

Great post & simple explanation. Thank you. I'll try this and comment after week or two.

Love the article, more especially the #photo. ❤

Hi, @purepinay!

You just got a 1.65% upvote from SteemPlus!
To get higher upvotes, earn more SteemPlus Points (SPP). On your Steemit wallet, check your SPP balance and click on "How to earn SPP?" to find out all the ways to earn.
If you're not using SteemPlus yet, please check our last posts in here to see the many ways in which SteemPlus can improve your Steem experience on Steemit and Busy.

Thank you. I was wondering what the miner tokens do. I just followed you and i have gotten lots of valuable information from you. I am soooo following you😅😅

How? I have meme token 25k i don't know where I get that

Posted using Partiko Android

Did you tried out the mining process ?

Coin Marketplace

STEEM 0.48
TRX 0.09
JST 0.061
BTC 49027.03
ETH 4187.25
BNB 571.93
SBD 5.84