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79th Burn & Mint Cycle: Done!

πŸ”₯ Burned: 1,634,415 GOMINING tokens
⛏️ Minted: 1,372,909 GOMINING tokens

Minted tokens were distributed as:

⚑ 892,391 to Service Provider
πŸ”’ 274,582 to veGOMINING voters
πŸͺ™ 137,291 to GoMining Rewards
πŸ‘₯ 68,645 to the GoMining team

Voting results for Cycle 79:

πŸ“Œ Extra Solo mining discount: 1.1%
πŸ“Œ GOMINING added to Miner Wars Personal Rewards: 64,897 tokens
πŸ“Œ Greedy Machines power boost: 0.06%
πŸ“Œ Liquidity Pools extra rewards: 10,928 GOMINING tokens

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

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



tg-me.com/gmt_token/3623
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79th Burn & Mint Cycle: Done!

πŸ”₯ Burned: 1,634,415 GOMINING tokens
⛏️ Minted: 1,372,909 GOMINING tokens

Minted tokens were distributed as:

⚑ 892,391 to Service Provider
πŸ”’ 274,582 to veGOMINING voters
πŸͺ™ 137,291 to GoMining Rewards
πŸ‘₯ 68,645 to the GoMining team

Voting results for Cycle 79:

πŸ“Œ Extra Solo mining discount: 1.1%
πŸ“Œ GOMINING added to Miner Wars Personal Rewards: 64,897 tokens
πŸ“Œ Greedy Machines power boost: 0.06%
πŸ“Œ Liquidity Pools extra rewards: 10,928 GOMINING tokens

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

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

BY GoMining News




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The seemingly negative pandemic effects and resource/product shortages are encouraging and allowing organizations to innovate and change.The news of cash-rich organizations getting ready for the post-Covid growth economy is a sign of more than capital spending plans. Cash provides a cushion for risk-taking and a tool for growth.

Spiking bond yields driving sharp losses in tech stocks

A spike in interest rates since the start of the year has accelerated a rotation out of high-growth technology stocks and into value stocks poised to benefit from a reopening of the economy. The Nasdaq has fallen more than 10% over the past month as the Dow has soared to record highs, with a spike in the 10-year US Treasury yield acting as the main catalyst. It recently surged to a cycle high of more than 1.60% after starting the year below 1%. But according to Jim Paulsen, the Leuthold Group's chief investment strategist, rising interest rates do not represent a long-term threat to the stock market. Paulsen expects the 10-year yield to cross 2% by the end of the year. A spike in interest rates and its impact on the stock market depends on the economic backdrop, according to Paulsen. Rising interest rates amid a strengthening economy "may prove no challenge at all for stocks," Paulsen said.

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