RE: The cryptocurrency mining bots stealing millions for their creators
Hi, thanks for your comment. I do not know how to identify a bot with 100% accuracy. However, most bots on Steemit will comment on your posts and say something along lines of - I'm a bot created by this user and you received an upvote to show your support please send SBD to this user.
Bots work in a very simple way, they basically go to all the trending/hot posts and will upvote and leave a comment. The problem is most of these bots are owned by a few whales and they will use them to upvote themselves and to get new users to pay their creators for upvotes. So basically is like having a team of employees working for you to generate money from Steemit. Just imagine if just posting by yourself you can make 1 dollar with 10 bots you can make over 10 dollars.
Anyway, you gave me a great idea, I will write a detailed post explaining how these bots work so users can be aware of them and stop upvoting and sending money to their creators.
There are so many bots many of which are not upvote bots or bots that leave comments. Many users have bots that work on their account in addition to then using it themselves.
Like I have a bot that claims my rewards every so often and another but that sells sbd on the market automatically when I have a sell flag enabled. These help me do manual things I don’t want to do manual.
I also have bots that identify spammers and working on adding more to be more proactive.
Thanks all really helpful. I look forward to your post @stevekelly Before steemit leaves beta all these glitches have to be worked out.
kill all bots!!!