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RE: Why STEEM Drops More Relative To Other Cryptocurrencies
Is Steemit Inc still selling so much Steem? From their latest updates they had dramatically cut their costs of running the servers and had started to get some decent advertising revenue.
I read a couple places that they are still selling.
I never checked it out myself but it would not surprise me. The amount of advertising, I am sure, helps to offset costs but will not cover them all. Blockchain developers are not cheap as we all know and Steemit Inc has a couple of them.