I heard the mining part of Steem would be ending after the next hardfork.

According to what I heard from @thecryptofiend

The rationale [for no more mining] is that one or a couple of users were periodically hogging the mining using either an exploit or a GPU miner.

Now I would like to ask, where and how would STEEM be created unless from mining? Voting only? (How many Steem are there, and shouldn't the mining part be the whole idea in crypto currencies and keeping books on it?)

Wouldn't it be easier to code rules in place, that whatever a miner makes from mining, 2/3 of the rewards would automatically go to the author and curation rewards, and the miner would get the remaining third?

Just wanted to ask. (Didn't know better place to do it either. I'm going to bed so I had to write this quick.)


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