The liquid bitcoin hashrate protocol (LBH) that our team presented on Wednesday has raised some questions among you.

We strive to ensure that the company's activities are as transparent and understandable as possible for each of our users.

Therefore, we have gathered the most important points received from you and will answer them right now.

❓What is "ve GMT"?

✔️Ve GMT is a staking for GMT, a contract, where users can stake tokens, participate in governance, and earn additional GMT rewards for doing so.

❓Do I understand this correctly? In epoch 20 will the amount of GMT be 25% lower than now? But why does the total amount of GMT tokens decrease when the ratio of newly generated tokens and burned tokens are almost the same in the end? If I understand correctly, in the first phases more is burned than regenerated and at the end it's the same
How long is an epoch? Does the change have an impact on BTC rewards in flexible staking from GMT?

✔️It will not affect BTC rewards since they are mined by the hashrate. The burn and mint mechanism will only decrease supply over time, and it balances (mint/burn balance) at the 0.99 coefficient. The epochs do not have a time limit, there’s only a token burnt limit. This means that epoch 1 will last until 10 million GMT are burned and 8 million GMT are minted. When it happens, epoch 2 will start. And so on.

❓Just read the new Medium article that came out. What does it mean for current GMT holders?

✔️For current holders it means that you can pay electricity with discounts as usual, nothing changes for you. However, you have an additional option to stake GMT, participate in governance, and earn GMT rewards that you can use as you want, for instance, to pay electricity from them and save on electricity payments.

Hello players and fans!

Last week turned out to be chock-full of action for everyone who mines in Pool mode.

The creator of the First clan, who so quickly broke into the last leaderboards, stumbled. We may not see it again in the top spots for a long time, because the holder of the main supply capacities recently left the pool. Before the split, First managed to pick up a lot of victories, but how things will go from here on out will depend on whether the clan can attract more players.

But our most active pool [MR] Moon Rocket has again occupied leading positions both in power and in the number of blocks taken.

As a result, the leaderboard in the Wins category looks like this:

🥇METRALONE
🥈[MR] Moon Rocket
🥉First

And this is the list of the best for the past week in the Power category:

🥇METRALONE
🥈[MR] Moon Rocket
🥉Mont_Blanc

We also see some familiar names in the Pool Luck category. Both mini-pools and one of our monsters were among the lucky ones:

🥇DOMINANT
🥈DmzPool
🥉OpenPool

The more players choose Pool Mining, the fiercer the game becomes and the more sophisticated the fight for holders of large capacities.

Which pools will merge together and which will fall apart in the coming days? You'll find out next Monday.

Don't miss it.

Investment strategies require timing and a keen sense for trends. Right now, conditions are ideal for investing in mining, particularly as we are in a bear market and standing on the threshold of the upcoming bitcoin halving.

With that in mind, let's delve into why investing in mining today could be your best move!

Historically, bear markets have been a time when mining equipment prices are at their lowest. It's the perfect opportunity to invest, as lower costs mean higher potential returns. However, as the market moves toward a bullish phase, and especially after halving, these prices will surge.

And here comes the game changer - our NFTs. They represent real hashing power in our bitcoin mining farms. It's the same as owning a piece of our powerful mining equipment but without any of the associated hassles like maintenance, power consumption, and noise.

Buying our NFTs now would mean buying mining power at today's lower prices. As the value of the mining equipment goes up in a bull market or after halving, the value of digital miners will rise too, securing your investment against market fluctuations.

But it's not just about avoiding market price hikes. Our NFTs offer an edge over traditional mining by being simpler and more profitable. Each crypto art generates daily BTC profits, and the best part is you don't have to do anything. Just sit back, relax, and watch your investment grow.

So, if you've been contemplating about venturing into crypto mining, now is the time!

Invest in our NFTs, secure your mining power at today's prices, and get ready for a ride towards profitability and financial growth.

Here are the new releases that our developers have recently launched.

This is far from a complete list, but here's what you may notice and apply:

📌Our team has reworked payment in tokens from virtual wallets. Now it will happen much faster, with no more waiting or having to refresh the page. The update works for NFT purchases and upgrades.

📌We have changed the filter for NFT search on the secondary marketplace, allowing you to find digital miners with an improved energy efficiency value.

📌Now if you change the payout threshold in the NFT / GMT Rewards settings, the system will show the number of days it will take to receive these rewards.

📌For a more detailed understanding of the costs and benefits, we have added the dollar amount by which the payout will increase with the NFT upgrade.

📌We now automatically cancel a user's purchase in case of errors by third-party providers (Alchemy / MultiHub / Itez). This will help solve problems with a suspended NFT and the inability to outbid it.

📌For quick access to functions, we also added the Sell NFT and My Listings buttons on the marketplace page for the secondary market on the desktop.

Which of the new features have you already tried?

Today we have something to celebrate!

The number of NFT holders has exceeded the important milestone of 1,000 users and continues to grow.

Here are some more attractive numbers.

Since the release of the very first collection called The Greedy Machines, you have managed to buy almost 10,000 NFTs, while the provisioning capacity of all purchased digital miners will soon break the mark of 605,000 TH/s.

We’re proud of such indicators and are glad that you’re part of our GoMining team.

There are many more cool updates and features ahead to improve the world’s first bitcoin-mining NFTs.

For example (let's lift the veil of secrecy), soon you will be able to not only increase the energy efficiency of your miners, but also to make them more powerful. We will definitely let you know when this feature is up and running.

Thank you for staying with us and choosing our products.

You can now purchase our NFTs using Binance Pay.

This method will help users greatly simplify and speed up the payment process, because all you need is to have an account on Binance.

No more copying amounts and wallets.

All you need to do is:

📌Choose the NFT you like;

📌Choose which wallet you want to purchase it on;

📌Click on Binance Pay in the payment section;

📌Go to your Binance account using the link provided by our system;

📌Complete the payment.

Done.

Please note that the payment system is currently in test mode. It may also be unavailable to some users, depending on the region of residence of your Binance account.

At the moment, you can only purchase our NFTs through Binance Pay, but we're already hard at work to add GoMining tokens to this list.

Our community is growing, developing, and we're very glad that the number of our subscribers is increasing with each passing day.

Right now, we just want to thank you for your interest in our project and activity on our social media pages.

Your opinion is important to us and you've probably noticed that we are trying to develop products so that they meet your expectations and interests.

Subscribe to our accounts and we promise to delight you with cool content. We're on:

Telegram
Discord
Twitter
Medium
Facebook
Instagram

To the Moon? Only with GoMining. Together, we're making bitcoin mining accessible to all! #GoMiningCommunity

Shhh 🤫

Listen carefully. Do you hear that?

The new NFT collection is already revving up its fans in anticipation of mining BTC for your wallet.

What will they be like? How do they differ from previous collections? We will answer these questions and more later on, but right now we’d like to tell you about the unique opportunity that our team will provide to all owners of The Greedy Machines.

🔥On Friday, the holders of our very first collection will receive private access to the pre-sale of new miners.

It doesn’t matter when and where you purchased The Greedy Machines. The page with the new collection will be available to you even if you buy our very first miners right before the opening of the pre-sale.

💪Other users will be able to purchase crypto art from the upcoming line in exactly a week.

Do you want to pick up the rarest specimens and become one of the first to discover the diversity of the new collection? Then go to the Secondary Market and choose your pass in the form of NFT.

Stay tuned. We’ll have more details about our upcoming NFT line very soon!

Hello players and fans!

Well, as we predicted, the clan First, who lost its hashrate, wasn’t able to climb back into a leading spot in either the Power or Wins category. Now the rundown looks like this:

🥇METRALONE
🥈[MR] Moon Rocket
🥉[M_B] Mont_Blanc

We cannot but note that the new pool [M_B] Mont_Blanc has clearly taken a leaf out of [MR] Moon Rocket’s playbook and is now developing according to the same successful scheme. It’s not only trying to increase its hashrate, but clicking quite actively in the game itself. Perhaps next week we’ll see some more shake-ups on the lists.

[M_B] Mont_Blanc blazed into the top three in the Pool Luck category. Besides them, we’ve seen OpenPool (one of the most successful clans) make a move in this leaderboard. A new name for us, NB Mining Corp, also popped up. The top spots in this category currently look like:

🥇OpenPool
🥈[M_B] Mont_Blanc
🥉NB Mining Corp

We will be back in a week with updated statistics, and in the meantime, send in your thoughts.

What’s your take? Will [M_B] Mont_Blanc catch up with [MR] Moon Rocket in terms of indicators?

We’re continuing our series of posts explaining how the new GoMining tokenomics will work.

Today we’ll be talking about the Ve token model - the topic that gave you the greatest number of questions.

The Ve token model is the token governance framework based on GMT stakes with long-term token locks. The model aligns the motivation of token stakers and governance participants with the long-term success of the ecosystem.

The Ve token model will provide our customers with the opportunity not only to earn rewards on staking, but also to make decisions related to the distribution of extra rewards, as well as the future of the GoMining protocol.

The weight of your vote will directly depend on the lock-up period and the amount of tokens you lock on the VeGMT contract.

The possible staking period will vary from 7 days to 4 years.

One token blocked for 4 years will be equal to 1 veGMT. If the token is locked for 2 years, it will be equal to 0.5 veGMT, while 1 year will be 0.25 veGMT. The more veGMT you have, the more likely it is that your opinion on any issue will be considered the main one.

It is important to note that governance rights will be provided exclusively by tokens frozen on the veGMT contract.

If you have Fixed or Flexible positions open before the time the new tokenomics come into effect, these tokens will bring you the rewards promised by our smart contract, but you will not be able to make any decisions.

We will absolutely pay out all the rewards for staking according to our old model, but after the launch of Ve tokenomics, new positions can only be opened on a VeGMT contract.

The upgrade of miners function has quickly gained popularity among our users. In just three weeks, about 20% of holders have already improved the energy efficiency of their NFTs, and this number is still growing.

So we’ve decided to take it a step further and give you another opportunity that will allow you to buy only 1 miner and improve it so that it produces as much Bitcoin as an entire mining farm.

⚡️Starting today, the UPGRADE POWER function is available to all holders of our NFTs ⚡️

To increase the performance of your digital miner, just go to the NFT Miners page, click on the Upgrade button and select Power. In the modal window you will be able to see all the necessary information about the cost of this transformation.

Please note that we have introduced a gradation of 20 power levels, that is, 1 TH/s will be equal to the 1st level and 5,000 TH/s will be equal to the 20th.🔝

The main feature of this differentiation is the unique upgrade price from one stage to another.

Our task is to make the upgrade cost less than buying a new miner of the appropriate capacity. Therefore, the higher the level of your NFT, the cheaper it will be for you to buy additional hashrate.

Let's use 2 miners from The East Collection as an example. The initial power of the first is 1 TH/s, which corresponds to the 1st level, and the second is 128 TH/s, which corresponds to the 10th level.

The cost of moving to the next stage for the first miner will be $30/TH, while the owner of a 4XL miner will have to pay only $20.12/TH for the transition to the 11th level.

Anticipating your questions, we want to say that we carefully monitor the confirmation of the NFT hashrate both on the marketplace and on users' wallets.

For us, transparency and honesty in the display is a fundamental point. Therefore, all changes that will occur due to the increase in the capacity of already purchased NFTs will be displayed in real time in your personal account.

Are you waiting for the release of our new digital miners?

We’re ready to share a few details with you.

🌬 So,without further ado, meet The North NFT Collection!

This is a continuation of a series of crypto art representing the regions we’re in.

Low temperatures, so necessary for the operation of mining devices, northern restraint, and power - these are the references that we relied on when creating images for the collection.

All NFTs from this series are issued on the Binance Smart Chain using the BEP-20 standard.

⚡️They have an energy efficiency of 35 W/TH, which provides the fastest payback. They also have a wide range of computing power from 1 to 128 TH/s.

Now the best part: the price of these NFTs will be as affordable as the miners of the previous collection. We have tried to do everything to minimize invested costs and increase ROI, so The North NFT Collection will definitely appeal to both beginners and professionals in mining.

🔜 This Friday at 3 PM UTC, holders of The Greedy Machines will be able to personally review all the details of the new miners and buy any they like during the pre-sale.

For all of our other users, The North NFT Collection will be available for purchase starting July 24 at 3 PM UTC.

Collect our unique series of digital miners from different collections while they’re still available, and mine even more BTC!

This week has been filled with a lot of important developments and changes for our project, most of which you have already noticed.

🛠And here are several no less important updates that you may have missed:

📌First of all, we are pleased to announce that it will now be easier for a large number of our users to receive information on our website, because we have translated it into Arabic.

📌In order to avoid mistakes when setting the price for NFT on the secondary market, we have added an alert function. If your price is too low (for example, if you mix up USDT and GMT), you will receive a warning.

📌We have added filtering by energy efficiency, computing power, and collections on the NFT Miners page.

📌We fixed a bug that caused users not to see their open staking positions in some cases.

Follow the news of the project, and we will continue to improve the usability of our products.

📣We’d like to remind you that today at 3 PM UTC, all holders of miners from our very first collection will receive private access to the pre-sale of the new NFT.

Until Monday, they will have the opportunity to choose the most interesting, rare, or hottest-selling miner that will become a worthy decoration in any mining farm and may increase in price over time.

If you also want to get early access to The North NFT Collection, visit our secondary market and choose any digital miner from The Greedy Machines series.

Hurry up to make a purchase before 3 PM UTC to be the first to get acquainted with our northern-themed crypto art.

🔥The pre-sale for The North NFT Collection has begun!

If you have at least one Greedy Machines miner on your wallet, go to our marketplace and get acquainted with the new crypto art that is certain to be a hit with everyone.

Excellent ROI indicators, a wide range of power from 1 to 128 TH/s, and a cool design - we have collected the best features for this series.

New unforgettable NFTs are already waiting for you!

We have prepared something cool for you.

GoMining X Gate.io AMA Session

📣Next week gate.io and we will be holding an AMA session with our CEO Mark Zalan.

You will not only be able to learn all the most interesting things about our project and the future of crypto as a whole, but also get a chance to win one of our 15 NFTs there.

In order to do this, you need to complete several tasks on Gleam (we will publish the link in the next post) or ask our CEO a question during the AMA session.

The most interesting question or the luckiest Gleam participant will get the NFT prize.

Don't miss out on a chance to get another NFT that will mine bitcoins for you!

See you there!

📣In exactly one hour, at 3 PM UTC, our new North NFT Collection will be available for purchase to all of you!

Almost 200 miners have already flown out to their new owners during the pre-sale, but you still have the opportunity to choose a northern-themed NFT that will bring you BTC every day.

📌We’d like to remind you that the crypto art from the new collection is some of the most profitable around, with Anticipated ROI ranging from 33% to 48%, and Historical ROI from 40% to 58%.

Miners from The North NFT Collection are an excellent choice for both professionals who understand all mining strategies and want to expand their collection, as well as beginners who just want to give it a try.

Choose NFT for yourself or give them to friends.

The North NFT Collection will prove to you that mining can be simple, understandable, and lucrative.

Hello players and fans! 👋

Let's briefly run through the results of the leaderboards for the last 7 days.

Our whale, METRALONE, still remains uncatchable both in terms of power and the number of blocks won. It’s worth mentioning that the largest clan isn’t resting on its laurels, but is continuing to accept players and increasing its total hashrate, further increasing the gap.

However, [MR] Moon Rocket and [M_B] Mont_Blanc are trying to keep pace, fighting for second and third place on the leaderboards. They’ve also noticeably added terahashes over the past week.

DmzPool, who finally expanded its list of players to the 50 allowed, and ArcticMonkeys, whose players have clearly taken advantage of the Power Upgrade function, are traveling down the path to increasing their hashrate. They’ve not yet managed to get back into the top three, but they have updated their strategy. Perhaps we’ll see them again on the list of the best in the near future.

The leaderboard spots in the Power and Wins categories look like this:

🥇METRALONE
🥈[MR] Moon Rocket
🥉[M_B] Mont_Blanc

The last clan of the three also stood out for its unprecedented luck, which allowed it to push out the traditionally small clans that occupy positions in the leaderboard in the Pool Luck category:

🥇First
🥈Sini gang
🥉[M_B] Mont_Blanc

We’d like to take a second here to note one more important detail. Don’t forget that besides pool hashrate, your manual clicks can also affect the number of wins. Nearly all of the active mini-pools in the game were able to pick up at least one block each.

Jump into the fray more often, click on the miner, and fight for victory. And may luck be on your side!

🔍Do you want to know the latest news about our project and hear an expert opinion about the future of the crypto industry, all while having a chance to win one of 15 NFTs?

Then come to the AMA session, scheduled for July 27 at 1 PM UTC.

To participate, you need to follow this link, register and complete a few simple tasks. All this will take you no more than five minutes.

📌Don't forget that we are also selecting the most interesting questions from subscribers sent in to our CEO Mark Zalan during the AMA session.

The most active participants have already submitted their questions and are now on the list of applicants for our digital miner.

🔥Hurry up to be part of the action!

As you already know this week we are planning an AMA session with Gate.io. This is a good to start to our first campaign on Galxe, isn't it?

Join our campaign and be the first to MINT our first OAT!

👀 Who knows how profitable it will be in the near future.

Join Our AMA session with Gate.io on July 27th at 13:00 UTC, and don't forget to ask our CEO Mark Zalan some questions.

Exactly a week has passed since the last post explaining the main points about our new tokenomics.

This means only one thing: you will now receive another portion of useful information concerning the details of the liquid bitcoin hashrate protocol.

What is it and what opportunities does the LBH protocol provide to holders?

Look for answers in our article on Medium.