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πŸ”„ 56th Burn & Mint Cycle: Done

πŸ”₯ Burned: 1,109,879 $GOMINING tokens
πŸ”¨ Minted: 932,298 $GOMINING tokens

Minted tokens were distributed as:

⚑️ 605,994 to Service Provider
πŸ”’ 186,460 to veGOMINING voters
πŸͺ™ 93,230 to GoMining Rewards
πŸ‘₯ 46,615 to the GoMining team

Voting results for Cycle 57:

πŸ“Œ Extra Solo mining discount: 0.6%;
πŸ“Œ Pool mining multiplier: 1.01x;
πŸ“Œ Greedy Machines power boost: 0.23% per digital miner sold

πŸŽ‰ Secure Your Weekly Rewards!
Lock your $GOMINING tokens in veGOMINING to earn rewards: https://app.gmt.io/ve-my-lock.

πŸ’‘ Maximize Your Savings:
Use $GOMINING tokens for miner upkeep to lower electricity costs and boost rewards.

#GoMining #NFT #BurnMint
❀14πŸ‘14🀩2πŸ†1



tg-me.com/gmt_token/3217
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πŸ”„ 56th Burn & Mint Cycle: Done

πŸ”₯ Burned: 1,109,879 $GOMINING tokens
πŸ”¨ Minted: 932,298 $GOMINING tokens

Minted tokens were distributed as:

⚑️ 605,994 to Service Provider
πŸ”’ 186,460 to veGOMINING voters
πŸͺ™ 93,230 to GoMining Rewards
πŸ‘₯ 46,615 to the GoMining team

Voting results for Cycle 57:

πŸ“Œ Extra Solo mining discount: 0.6%;
πŸ“Œ Pool mining multiplier: 1.01x;
πŸ“Œ Greedy Machines power boost: 0.23% per digital miner sold

πŸŽ‰ Secure Your Weekly Rewards!
Lock your $GOMINING tokens in veGOMINING to earn rewards: https://app.gmt.io/ve-my-lock.

πŸ’‘ Maximize Your Savings:
Use $GOMINING tokens for miner upkeep to lower electricity costs and boost rewards.

#GoMining #NFT #BurnMint

BY GoMining News




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The Singapore stock market has alternated between positive and negative finishes through the last five trading days since the end of the two-day winning streak in which it had added more than a dozen points or 0.4 percent. The Straits Times Index now sits just above the 3,060-point plateau and it's likely to see a narrow trading range on Monday.

How Does Bitcoin Mining Work?

Bitcoin mining is the process of adding new transactions to the Bitcoin blockchain. It’s a tough job. People who choose to mine Bitcoin use a process called proof of work, deploying computers in a race to solve mathematical puzzles that verify transactions.To entice miners to keep racing to solve the puzzles and support the overall system, the Bitcoin code rewards miners with new Bitcoins. β€œThis is how new coins are created” and new transactions are added to the blockchain, says Okoro.

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