📣 Round 5 Voting Results & Future Developments!

Congratulations to the winner of our fifth feature voting round, user with ID 932436! The idea to introduce additional restrictions to protect the Secondary Market from unscrupulous buyers captured a commanding 68.56% of the votes and will be implemented in June.

Here are the final results of the fifth round:

👉 Introduce additional restrictions to protect the Secondary Market: 8,730,249 veGoMining votes (68.56%) 🏆
👉 Allow users to pay for NFT miner upgrades in ETH: 3,648,120 veGoMining votes (28.65%)
👉 Make access keys sellable for GOMINING tokens: 354,523 veGoMining votes (2.78%)
👉 Enable users to customize notifications themselves: 1,146 veGoMining votes (0.01%)

🗳️ The 6th voting phase is underway and concludes on June 12th! Participate and help shape the future of our platform with these new feature proposals:

1️) Allow users to pay for NFT miner upgrades in ETH.
2️) Add filtering by payout status (sent/saved/reinvested) on the Rewards page.
3️) Allow NFTs to be bought on the Secondary Market with USD.
4️) Introduce a recurring monthly payment function for power upgrades.

💡 Got a feature suggestion? Head over to our Discord-Feature requests channel and share your vision. Your participation is crucial—keep contributing, and let’s enhance our platform together!

#GoMining #CommunityVoting #Bitcoin

GM, GoMining Community! How’s everyone feeling today? ⛏️💎

Share in the comments👇

#GoMining #GM

What Happens When the Last Bitcoin is Mined? 🤔

#Bitcoin is fundamentally different from traditional money — no additional tokens can be issued once the cap is reached. It’s projected that the total 21 million bitcoins will be mined by 2140. Satoshi Nakamoto, Bitcoin's creator, designed this limit to prevent inflation. The mining reward is halved every four years, ensuring controlled supply growth.

When all bitcoins are mined, no new coins will be produced. However, transactions will continue to be processed and miners will earn rewards through transaction fees instead of new bitcoins.

This scarcity could drive up Bitcoin's value. Miners might charge higher fees for processing transactions, especially large or high-value ones. Layer 2 solutions like the Lightning Network could make everyday Bitcoin transactions more efficient.

As Bitcoin's supply reaches its limit, its value might soar. However, predicting the future is complex. The value of Bitcoin has already seen significant changes over the past decade.

What do you think the price of Bitcoin will be in 2140? Share your thoughts in the comments👇

#GoMining #NFT #Academy

🚨Reddit AMA with GoMining CEO Mark Zalan today, May 31st at 14:00 UTC!

Join us to discuss the latest BTC mining news and updates, developments at GoMining, and get your questions answered.🎙

📅 Date: Friday, May 31st
🕘 Time: 2 PM UTC
👉 Platform: r/CryptoCurrency subreddit.

Mark your calendars, see you there! 🙌

💫Get your questions ready because the lucky participants who ask the best questions will receive 50 GOMINING tokens each! Don't miss the chance to ask what interests you, learn more about Bitcoin industry trends and GoMining and win tokens!

We're excited to see you there and hear your thoughts! 👀

🚀GoMarket Weekly #12🚀

Dive into the latest edition of GoMarket Weekly with crypto expert Mike Ermolaev! We’re taking a close look at Bitcoin’s solid technical showing and the ongoing patterns of accumulation this week. Plus, we’ll see if Ethereum is set to rise with spot ETH ETFs getting the green light from the SEC.

🔔 Bitcoin's Bullish Outlook 🔔
Bitcoin continues to show strength, and its moving averages suggest further gains are forthcoming. The stable trading volume supports this bullish trend, with potential to revisit recent highs of $70K and $71K soon. Is BTC getting ready to shatter records again?

💥 Ethereum Set to Explode? 💥
Ethereum could be on the brink of a potential rally, trading close to its one-month high. The SEC's surprising nod to spot ETH ETFs might give Ether the push it needs to climb higher in the market. Will Ethereum's ETF approvals propel it to new heights?

🏛️ Biden Campaign Shifts Stance on Crypto🏛️
In an unexpected move, Biden’s campaign is now taking a different angle on cryptocurrencies than before, now engaging with crypto experts. Will these new signs of government support change the crypto industry's path in the US? Or is it a case of "too little, too late" to create a significant impact?

💳Mastercard Launches New Crypto Credential Service💳
Mastercard has launched a new crypto credential service aimed at streamlining blockchain transactions. Is this innovation finally getting mainstream acceptance of cryptocurrencies off to a strong start?

🌐 Global Mining Surge 🌐
Russia's crypto mining sector is projected to grow by 20-40% in 2024, and El Salvador is emerging as a new crypto hub with a major Bitcoin mining player setting up headquarters there.

📈 New Bitcoin Mining Derivative 📈
Luxor Technology and Bitnomial launch Hashrate Futures, a Bitcoin mining derivative product that doesn’t trade Bitcoin itself but the hash rate, on a regulated US exchange.

🔗 Don't miss out! Read the full analysis now to stay on top of the crypto market! 🔗

📈 GoMining Secondary Market Weekly Stats!

💸 This week, we recorded a trading volume of 1,340,935 $GOMINING tokens.

🏆 Top Sales Performance:

💎 The Greedy Machines #1094: Sold for $308.4/1 TH
💎 The Greedy Machines #1246: Achieved $301.2 per/1 TH
💎 NORTH 7495: Closed at $174.7/1 TH

🛒 Enhance Your NFT Experience:
Trade with confidence on our official marketplace, where every transaction is secure. Once purchased, NFTs are immediately added to your GoMining account.

🔍 Discover our marketplace here 👉 https://app.gmt.io/nft

📘 Need assistance with buying and selling? Check out our FAQ for guidance on payment methods and wallet management 👉https://help.nft.gomining.com/faq/buying-and-selling

Join the market today and boost your crypto adventure! 🚀

#GoMining #NFT #CryptoTrading

GM, GoMining community!👋

Wishing you all a fantastic day and a great weekend ahead! 🌞

#GoMining #GM

Friends, as we wrap up the month, we are delighted to see our community growing larger and more active. 🎉

📢 Remember to follow us on our main social media channels to stay tuned with GoMining on your preferred platforms, get all the latest news and updates, and participate in giveaways, contests, and quizzes.

✨ Be the first to know about project news:
• Telegram News
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🎥 Discover our inspiring videos:
• YouTube
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📖 Dive deeper into our ecosystem with articles:
• Medium
• Blog

🌟 Become a part of our friendly community:
• Telegram Channel
• Discord

👉 Add the GOMINING token to your "Favorites" watchlist on CoinMarketCap

We are grateful to all our subscribers across all channels and promise to continue working hard for you! 🙏

#GoMining #NFT #SocialMedia

📋GoMining Ecosystem Useful Links

General:
• Website
• Download app for iOS and Android
• Blog

GOMINING Token:
• Token White Paper
• Token FAQ
• Explorer

Aggregators:
• CoinMarketCap
• CoinGecko

Token Contracts:
• 0x7Ddc52c4De30e94Be3A6A0A2b259b2850f421989
• BEP-20
• ERC-20

Buy GOMINING Token

Buy in Personal Account:
• Create a GoMining account and pay for the token using cryptocurrency or a bank card via one of our partners.

On Exchanges:

CEX exchanges:
• BitGlobal
• Bitget
• Bitfinex
• BitMart
• Gate.io
• Phemex
• MEXC Global
• HitBTC
• EXMO
• Coinsbit
• LBank
• LATOKEN
• XT.com

DEX exchanges:
• PancakeSwap
• Uniswap
• 1inch
• Sushiswap

Supported Wallets:
• MetaMask
• Trust Wallet

GoMining NFT

• White Paper NFT:
• FAQ NFT:

Buy NFT:
• Our Marketplace
• OpenSea

Social Media:
• Website
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Local Chats:
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Connect with us:
• Support: @GMT_Support
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• Exchanges, listing: @GMT_Listing

Contact by mail:
• Marketing: [email protected]
• Sales Department: [email protected]
• General Questions: [email protected]

• Available vacancies can be viewed here

• All links in 1 click - Link3

#Ecosystem #Navigation

Crypto World Highlights for June 3rd

-Bitcoin Market Dynamics

Despite Bitcoin experiencing $2 billion in spot ETF inflows, its price remains stagnated due to factors like Mt. Gox coin movements, regulatory actions, and the U.S. Senate's anti-crypto lobby.

Over 90% of Bitcoin supply remains profitable despite market volatility, indicating strong underlying speculative dynamics similar to 2017.

Bitcoin has traded flat as U.S. core PCE inflation remains steady at 2.7% on a yearly basis, with equity indices gaining on renewed hopes for an end to higher-for-longer interest rates.

Kraken has experienced its largest outflow of Bitcoin transactions, totaling $1.6 billion, following a price surge to $69,500.

-Ethereum and Other Crypto ETFs

Bloomberg analyst James Seyffart believes the approval of spot Ethereum ETFs was influenced by political decisions rather than purely financial considerations.

Franklin Templeton, VanEck, and Invesco Galaxy filed amended S-1 forms for their spot Ethereum ETF applications, with Franklin Templeton listing a 0.19% sponsor fee.

-Regulatory and Security Concerns

President Biden vetoed a resolution to overturn the SEC's controversial SAB 121, stating that it would have hampered the SEC's ability to set guardrails and address issues.

A Japanese crypto exchange, DMM Bitcoin, reported a Bitcoin theft worth $305 million, assuring customers that their deposits will be fully guaranteed.

Leading zero-knowledge crypto projects, including Polygon and StarkWare, have called for zkSync to withdraw its "ZK" trademark applications ahead of its planned token launch.

-Market Movements and Developments

The crypto market is bracing for nearly $875 million in token unlocks in June from projects like Aptos, Arbitrum, Starknet, and Sui as vesting periods end.

Bybit confirmed an executive shake-up after Notcoin issued $32 million in compensation to 320,000 impacted users.

#GoMining #MarketNews

🎓 GoMining Academy: Understanding the Nakamoto Consensus

Welcome to the GoMining Academy! Today, we're diving into the Nakamoto Consensus, the foundational protocol that powers Bitcoin and ensures the integrity of its blockchain.

🔑 What is the Nakamoto Consensus?
The Nakamoto Consensus is a protocol that enables blockchain networks to achieve agreement on the state of the blockchain. It ensures that all network participants agree on a single, secure version of the blockchain, preventing issues like double-spending.

⚙️ Key Components:

1. Proof-of-Work (PoW): Miners solve complex mathematical problems to add new blocks to the blockchain. The first to solve the problem gets to add the block and receive rewards.

2. Block Difficulty: The difficulty of mining adjusts periodically to maintain a consistent block creation rate.

3. Decentralization: Consensus is achieved through the collective effort of miners globally, ensuring no single entity controls the network.

🛡️ Security and Integrity:
The Nakamoto Consensus maintains network security through PoW, decentralization, and economic incentives for miners. Miners are motivated to act honestly, as malicious behavior would be costly and unrewarding.

🌐 Why It Matters:
This consensus mechanism is crucial for Bitcoin's success, ensuring a trustless and secure financial system. It allows Bitcoin to function without a central authority, making it resilient and transparent.

What are your thoughts on the Nakamoto Consensus? Share in the comments.👇

#GoMining #Blockchain #Bitcoin

📋Crypto World Highlights for June 4th

Bitcoin miner balances have fallen below 1.81 million BTC, the lowest in years post-halving, highlighting economic pressures on miners.

A Bitcoin bull flag pattern and MACD indicators are teasing a potential new all-time high for BTC, with traders remaining bullish despite months of consolidation.

Bitcoin's integration into company balance sheets is becoming a trend, with a small healthcare stock investing in Bitcoin and calling it a "reliable store of value." Analysts are divided on whether more companies will follow.

-Ethereum and ETF Developments

Cathie Wood’s ARK Invest has withdrawn its partnership with 21Shares for a proposed Ethereum fund, stepping back from the race to launch an Ether ETF.

The impact of Ethereum ETFs on the market is being closely watched, with BlackRock dominating the Bitcoin ETFs game and analysts examining the effects on Ethereum.

-Regulatory and Political Developments

The American Bankers Association is making a last-minute bid to stop President Biden from vetoing the SAB 121 overturn, claiming it will harm investors, customers, and the financial system.

Russia is adopting stablecoins for cross-border transactions with China, highlighting the growing momentum in the stablecoin sector.

-Global Adoption and Interest

Despite regulatory restrictions, Nigeria’s interest in Bitcoin remains strong, with Lagos continuing to engage significantly with the cryptocurrency.

-Market Volatility and Token Unlocks

The crypto market is experiencing choppy conditions, with traders unable to determine the market direction, according to Bankless.

Significant token unlocks from projects like Liquity, Galxe, and Hashflow are scheduled for next week. The total value of tokens unlocked exceeds $12 million, potentially leading to price fluctuations.

-Technological Advancements and Concerns

There is increased skepticism towards traditional finance firms entering the crypto space.

#GoMining #MarketNews

🎉 Congratulations to user db39f4f7, our latest weekly raffle winner!

🔑 You've secured an access key for GoMiners Avatars, unlocking exclusive enhancements for your mining capabilities. Elevate your mining setup with our premium avatars, engineered for optimum performance.

💎 Eager to boost your mining power? Participate in our ongoing raffle:

1️) Don't have an NFT? Now’s the time to get one;
2️) Improve your digital miner with at least $10 to boost both power and energy efficiency;
☑️ Every $10 increase in your upgrades not only enhances your mining effectiveness but also boosts your winning odds.

🗓 Save the date: The upcoming draw closes on June 11th. Continue enhancing your mining setup to improve your chances of winning.

🍀 Best of luck to everyone in the next draw!

#GoMining #NFT #WeeklyRaffle

🚀 Reminder for the TON & GoMining Community Giveaway! 🚀

Don’t miss your chance to win exclusive prizes in our special giveaway celebrating the TON & GoMining integration! 🎉

💫How to Enter:

1. Follow @Gomining_token on Twitter.
2. Join GoMining's Discord.
3. Subscribe to the @gmt_token news channel.
4. Buy any miner on gmt.io for TON.
5. Submit your User ID.

🏆Prizes:

🥇 First place: NFT Access Key*
🥈 Second place: 3,000 GOMINING tokens
🥉 Third place: 1,000 GOMINING tokens
🎖 300 GOMINING tokens each for 10 more winners.

Dates: May 28, 2024 - June 11, 2024, 11:59 PM

👉 Join now for your chance to own a piece of GoMining history! 🌟

*The unique NFT key offers exclusive benefits and is highly valued on the secondary market.

#GoMining #TONCollection #Giveaway #CryptoCommunity 🎁

🔄 Concluding the 41st Burn & Mint Cycle!

🔥 2,329,077 GOMINING tokens were burned;
🔨 1,933,134 GOMINING tokens have since been minted.

They were allocated as follows:

⚡️ 1,256,537 to the Service Provider;
🔒 386,627 to the owners of veGOMINING votes;
🪙 193,313 to GoMining Rewards;
👥 96,657 to the GoMining team.

The voting results for the 42nd cycle are:

📌 Extra Solo mining discount is 2.49%;
📌 Pool mining multiplier is 1x;
📌 The Greedy Machines power has increased by 0.15% for each NFT sold from this collection.

🎊 Activate Your Weekly Rewards!
Lock your GOMINING tokens on the  veGOMINING - My Lock page to start enjoying regular benefits.

🤝 Maximize Your Savings on Electricity:
Use GOMINING tokens for your NFT maintenance to cut down on electricity expenses by 10% and boost your weekly rewards!

Explore how to optimize these advantages here 👉 https://help.nft.gomining.com/instructions/how-to-get-a-maintenance-discount  

#GoMining #NFT #BurnMint

🌞 Good Morning, GoMining Community! 🌞

📋Crypto World Highlights for June 5th

-Bitcoin Market Dynamics and Trends

Bitcoin's price briefly touched $71,000, driven partly by short liquidations. However, analysts forecast increased volatility and sell-side pressure from long-term holders.

Bitcoin equities are showing a higher correlation with the Nasdaq, with Marathon Digital Holdings seeing a 0.84 Nasdaq correlation and a negative 0.19 BTC correlation in the last six months.

Bitcoin hash ribbons are flashing the first buy signal since the BTC price was $25K, indicating that BTC price may go a lot higher soon.

An analysis reveals that Warren Buffett’s Berkshire Hathaway would have seen a significant boost in profits by over 25% if it had allocated just 1% of its portfolio to Bitcoin since 2015.

Thailand has approved its first spot Bitcoin ETF, with One Asset Management joining the growing list of jurisdictions approving regulated Bitcoin funds.

-Ethereum and Market Movements

Ether is poised for a supply 'shock' as ETFs may attract $4 billion in inflows in five months, leading to ETH starting to outperform Bitcoin after nearly two and a half years of underperformance.

-Regulatory and Legal Developments

The IRS and FTX have settled for approximately $885 million, with FTX debtors set to pay the IRS $200 million and an outstanding lower priority claim of $685 million.

Tether's CEO expressed concerns about the EU's MiCA regulation, stating that it contains problematic requirements that could render the job of a stablecoin issuer extremely complex and make EU-licensed stablecoins vulnerable.

Worldcoin has halted data collection in Spain amid privacy concerns, with the Spanish Agency for Data Protection stopping its operations until the end of 2024.

-Global Adoption and Market Developments

US Bitcoin ETFs have seen 15 straight days of inflows, now totaling $14 billion, driven by continued investor interest and a $77 million boost from Fidelity.

Bitcoin dormant for five years or more has started to awaken, indicating a shift in long-term holder behavior as BTC emerges from hibernation.

#GoMining #MarketNews