Learning CTP with Howard Fullmer what is ctptalk.com? part 8 The CTP miner(CTPM)
Hello Howard Fullmer back and today I am learing about The CTP miner(CTPM)
One of the most exciting aspects of crypto currency is the ability to create it. This can be done by either creation, curating and sharing content on ctptalk. But it is also done by mining ctp tolkens!
This is similar to mining bitcoin BUT...!
1. Bitcoin is mined using something called proof of work. Which means a computer is being used to secure the network. The more bitcoin is earned the harder these computers have to work to earn bitcoin.
2. CTP tokens are based on a concept known as proof of stake meaning, the more ctp tokens are staked the more are distributed.
3. To mine ctp tokens we need a mining token called ctpm
I have talked previously about how to use steem engine to buy ctp tolkens. To get ctpm miner tokens you need to log into steem-engine.com
click on the two arrows to enter buy/sell ctpm
Now that you have bought these tokens you now need to stake these tokens.
after you click the stake token you come to this
After you press stake CTPM then you have successfully staked your CTPM
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Thank you for this post! It is very informative for the new kids on the block like myself!
You are welcome :)
Great tutorial for staking CTPMiners! Good resource for newbies... ;)
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Nice job Howard! I have 10 miners staked and I'm going to keep buying them for sure. My goal is to balance between CTPM and CTP Power till my power gets to 5000 then I'll move to the next phase in my plan. It does change by the minute. :)
Thank You looking forward to seeiing your plan
Great guide Howard, and CTPM is awesome, I am currently using all my liquid Steem earnings to stack as much as I can, stay awesome.
Thank you I must agree that CTPM is awesome and like how you are using your earnings to purchase more :)
Yeah I want to spend some too and so i need to make up for that, plus make sure to stay in the top 10 CTP holders, have an awesome weekend.