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I had to read about 50 different forum threads and blog posts to figure Steem out. Sometimes one sentence in a post makes all the difference in our understanding. I am hoping my take on mining presents a new viewpoint. Mining is "cool" but buying the currency makes the most sense. You can at least be sure that you get something in return, unlike a mining contract. Some guys still mine other currencies and some make money - for most, you are best to take a few bucks and invest in the projects you believe in(and look at it as a long term investment). I like Ethereum - but I LOVE Steemit. Huge risks but also huge potential. - its a currency backed by something of vaue. This site wont just blow up - AOL or Yahoo! would just come along and try to buy it. I say - power down - whenever you have an extra few bucks. Why not?