It has been a while since I have mined Steem, so I figured out that maybe I should give it another try now that after the last hardfork there were some changes regarding the mining as well. I just wanted to see if there is much point in mining at the moment if you have some spare CPU power available that you may want to use to gain some extra Steem Power on Steemit.
Last time I mined I have written a guide to help you start:
Getting Started Mining Steem on Windows [Step by Step Guide]
Although the guide is already over a month old it can still be used to get you started mining Steem if you are interested in trying it out and if you have some questions I would be happy to answer them here since the old topic is locked already and you cannot comment or vote for it anymore.
Back to the mining part now, let's see what changed. It seems that after the hardfork the hashrate that the miner gets now is significantly reduced as compared to before. Before the hardfork an Intel Core i7 5820K CPU (6 cores, 12 threads) running at 12 threads was getting about 44390 HPS (hashes per second) and now with the latest steemd client the hashrate the same CPU under the same conditions manages to get is just about 28800 HPS.
Furthermore the time currently reported as estimated to find a block is apparently not working very well as it is short, but in reality it takes much longer to mine a block and get into the miner-witness queue to sign one and get 1 Steem Power as a reward.
About a month ago when I previously mined Steem I was getting about 1-3 blocks per day (rarely just 1) and now I just got 1 block for a whole day of mining. Will probably mine for a day or two more to see if I'll have a better luck, but after that I'll most likely stop again.
The only thing that you may actually use mining for is to mine a new account instead of registering a new one, though this way you don't get the 3 Steem Power when you start with a regular new user registering on the Steemit platform. Once you mine a new user account it will get just 1 SP, the block reward that you get from the mining of a block.
If you have a question or want to add something, then please leave a comment below.
Did you like what you have just read? Check my other posts on steemit @cryptos