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RE: Steemit explained ► How does the reward system work?!

in #rewards8 years ago

"...the blockchain doesnt pay the miners who generate the coins."

According to the whitepages, this is incorrect. Miners are paid in SP after 1 month. It's more complicated, of course, when you get into how it relates to being a Witness and such, but ultimately, yes, they do get paid to mine, just not in the traditional way other cryptocurrencies have done.

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