Why it is important to start using steemit ?
Btc is the the grand daddy of crypto
Being at the forefront of crypto it wields a lot of power. A lot of people feel that crypto and BTC are synonymous.
They follow btc and its charts and also follow its chart.
BTC stabilizing at $28K
Currently BTC price is hovering around the $28000 mark.
Another very important factor to note is the BTC dominance.
BTC dominance is heathy
BTC Dominance stands at 45.9%
ETH has a dominance of 19.0%
That means the rest of the dominance is shared.
This shared dominance amounts to 35.1 %
With this spread of dominance all the alt coins work to dominate the alt coin space.
Bitcoin mining is not easy
This requires a lot of high end machines and these are expensive pieces of hardware.
Not only that they are power guzzlers.
This means that bitcoin mining operations are expensive to run. The recurring power bills decide your cost of mining and profits.
This means not everyone can mine BTC unless you have deep pockets to invest in the hardware and cheap electricity to run your mining rigs.
This makes the current entry level of BTC mining quite high.
What is the solution for crypto investors ?
If you want to invest in crypto then why look only towards POW or proof of work coin like BTC. Instead why not look towards proof of Brain?
Steemit is one frontend to look at and consider
Steemit.com is a frontend of the steem blockchain. By way of writing content on the front end in the form of blog posts one can create visibility on the blockchain.
When people upvote or like your content you earn rewards and these rewards payout in seven days from the time you post your content.
Crypto mining sans investment ?
Absolutely this is a form of proof of brain mining. Here you use your brain power to generate content and based on ho your content is consumed and appreciated by others you earn crypto.
Steem is the original Proof of brain blockchain
Steem & its front end steemit.com welcomes one and all to create an account, start creating content and earning crypto.
Steem is more energy efficient than BTC
Generating steem rewards via content creation is a more viable option then energy hungry BTC mining.
So lets get started
Take action
Sign up for your steemit account and start generating crypto income right away.
There are various options to earn some good income in the cryptocurrency space, but for beginners like me who do not have the funds for investment, steemit is indeed a good place to be.
absolutely enjoy your growth here
Thank you.