📣New article on Medium! https://medium.com/@GoMining/vetokenomics-gomining-rewards-details-238d78484bf5

📊How will GoMining Rewards be distributed - сalculations, formulas, and explanations.

🔍In this article, we have tried to break down the topic for you in as much detail as possible so that you no longer have any questions.

Follow the link and find out all the most important things.

📣A new AMA session is waiting for you!

🔥GoMining CEO Mark Zalan and Crypto Eagles will meet on Twitter Space to discuss interesting news about the project and much more.

🗓When: 09.07.2023
⏰What time: 2 PM UTC
📍Where: https://twitter.com/i/spaces/1LyGBqXlqYnKN

🙌Join in, it will be interesting!

🔥A lot of users have already participated in previous campaigns, it's time for a new one!

📣We are announcing the launch of our 4th campaign on Galxe.

Take part in our upcoming AMA session and complete quests. For this, you will receive OATs, which will definitely be useful to you.

🏃In the time it took to read this post someone has already passed all the stages, hurry up!

Link to quests here: https://galxe.com/GoMining/campaign/GCWQiUPu16

🐶This good boy's name is Token.

He's smart, energetic, and incredibly charismatic.

🍀He's also very lucky. Our technicians found a puppy in one of the data centers, fighting wasps. He was rescued, fed, treated, and has since become part of the GoMining team.

Now Token has only two tasks: to grow together with our project and become strong and invincible.

🤔We haven't yet figured out what position he should occupy in the company, so we suggest you fantasize about this topic.

⏱️Just an hour left before the AMA session with GoMining CEO Mark Zalan and Crypto Eagles.

🙌🏻We hope that you all have freed up time to join this interesting conversation!

🧑🏻‍💻Meet at 2 PM UTC at this link: https://twitter.com/i/spaces/1LyGBqXlqYnKN

Don't miss it!

🚀Make the right choice!

Be part of GoMining’s ecosystem 🤗

#GoMining

🛠New releases that you can already check out!

📌Our developers have devoted a lot of time this week to stabilizing the system.

📌We also continued the battle against autoclickers. So, now the authenticity of manual clicks will be checked by an additional captcha every 10 minutes, which should weed out most of the cheaters.

📌And here is an innovation that will be useful for holders with a small hashrate. Even if you are not in the top 100 leaderboard for mining farms, your name will still appear in the list. You will be able to track your progress in real time.

📌By the way, even unauthorized users will now see this leaderboard. So we advise you to come up with a memorable alias if you want to be noticed.

📌If you look at the detailed calculation of your awards, you will no longer see the C3 and C4 values there. Our new veTokenomics does not assume these deductions, so they have been removed from the list. You can view detailed statistics in historical payouts.

🙌 Weekly update by our content creator — Nima!

Here you can find the main news from the current week:

— The 2nd Burn & Mint cycle is complete!
— More than 14 million tokens are currently on the veGOMINING smart contract!
— AMA sessions with Mark Zalan
— Detailed information about the GOMINING rewards system

🔥 Remind you that our team is working on the new PFP NFT Collection, the more details will be announced quite soon

Stay tuned and have a great weekend!

📣 A new article on Medium is already waiting for you!

https://medium.com/@GoMining/gomining-we-choose-the-path-of-progress-9947f0aae4b?postPublishedType=initial

What is it about? 🤔
The importance of development, the logic of decision-making, and a little about the history of GoMining.

For 2.5 years now, our project has been heading steadily towards its goal without any zig-zags. We are making mining accessible to everyone.

🔥 During this time, almost 200,000 users have joined us, more than 20,000 of whom own GOMINING tokens, and nearly 3,000 mine BTC through NFT miners.

Many of you out there have managed to see the evolution of our project with your own eyes. You have tried different versions of our products, ranging from the first iteration of the token to veGOMINING votes, from The Greedy Machines series to updated NFTs with a computing power of 5,000 TH/s.

🤝 You joined us because you saw the benefits, and you stayed with us because
GoMining proves time after time that we can do better and more, the future of mining is with us.

Our success rests on several "legs":

📌 Real data centers with continuously working equipment;
📌 Vast knowledge and understanding of the market;
📌 The strongest team of professionals capable of generating unique ideas and integrating existing models into our work;
📌 A well-developed development model recorded in a roadmap;
📌 The permanent search for new solutions to simplify access to mining for users.

🔍 Read about how our products have improved, why we changed seemingly successful and popular concepts, and how the new veTokenomics put to rest holders’ issues in the new article.

🤩Triple GoMining Rewards and other awesome payouts!

The 3rd Burn & Mint cycle has come to an end, and here are the results:

🔥 2,157,024.29 GoMining tokens were burned;
🔨 1,725,619.43 GoMining tokens have been minted.

They were divided into the following categories:
⚡️ 1,121,652.63 to the Service Provider;
🔒 345,123.89 to the owners of veGOMINING votes;
🪙 172,561.94 to GoMining Rewards;
👥 86,280.97 to the GoMining team.

At the time of burning, the annual yield of veGOMINING (APR) was 215.03%.

💵In just one category, veGOMINING votes, more than $85,000 in tokens were paid out.

💰It is important to note that the first distribution of GoMining Rewards was held in three directions in equal amounts:

📌the average value of the multiplier in Pool Mining (2.48x), which will be active throughout the 4th cycle;
📌additional discounts for NFT owners mining BTC in Solo mode (4.1%);
📌an increase in the computing power of all purchased miners from the collection of The Greedy Machines by 1.003 times.

🚀Some 0.537 BTC was spent on each of these directions!

Due to these payments having been accumulated during the first three cycles, all values are three times larger than usual.

Starting from September 19th, all veGOMINING owners will be able to begin voting for the further distribution of GoMining rewards in those proportions that seem most beneficial to them.

We will find out the results of the vote on September 26th.

🔥 A lot of interesting and useful things have appeared in the GoMining system since the last release.

🔍 Let's figure out what innovations you should pay attention to.

🟣 NFT:

As part of our veTokenomics, we started paying GoMining Rewards to NFT owners in three categories. Consequently:

📌 If you have selected Solo mode, then in the Mining Farm tab you will now be able to see the display of an additional discount cycle;

📌 If you own an NFT from The Greedy Machines collection, you will find information about the added power in the upgrade history;

📌 If you are playing in Pool Mining mode, we suggest you click on the multiplier in the playing field - this way you will find out the actual chances for each multiplier.

📌 You can now view the Upgrade statistics of digital miners on the main page of the marketplace in the Primary section. To do this, simply go to the list of NFTs sold. As of the time of writing, the number of upgrades has almost reached 11,000.

🟣 veGOMINING:

📌 The MAX (maximum term) button has now been added for upgrades of positions on the veGOMINING smart contract.

📌 History pages are now available to you to view information on the withdrawals of rewards for lock tokens, the movement of funds, and the upgrade of an open position.

📌 Even if you do not have a wallet connected, you will still see active positions on veGOMINING based on the wallets you connected to your personal account.

🟣 Last, but not least, important news for GoMining fans:

📌 We have returned the Our Merch section. In it you will be able to find our new branded products that are available for purchase with our tokens.

👕Buy our cool merch. Mining is fashionable!

🐂🔥Are YOU ready for a bull run?

🚀Choose GoMining so as not to miss out on profits!

🤩The 128x multiplier, work on a new game mode, and much more!

The fourth cycle of veTokenomics most surely did not leave anyone feeling indifferent.

💎The advantages of the new tokenomics in the guise of increased benefits have already been felt not only by the owners of veGOMINING votes, but also by players in Pool Mining.

In just 2 days, our users noticed a significant increase in rounds with large multipliers.

🔝Over the first 48 hours from the start of the cycle, the 4x multiplier dropped 27 times, 8x 9 times, 16x 6 times, 32x 3 times, and 128x once.

Such steep values have already attracted additional participants to the game.

With this in mind, please note that:

📌when switching from Solo mode, you lose the extra solo mining discount, which in this cycle was 4.1%;

📌in order to avoid an imbalance, we can make additional adjustments to the multiplier values and discounts in Solo mode;

📌if there is a significant difference between the predicted and actual payouts, we can deduct this amount from the following GoMining Rewards.

Read the details of how it works here: https://medium.com/@GoMining/vetokenomics-gomining-rewards-details-238d78484bf5

🛠We are also pleased to announce that our team is working on new game mechanics that will not have manual clicks.

We will tell you the details when the new concept is fully ready.

🤝Follow our news so that you don't miss anything!

🔥We need more equipment! Mooore!🔥

😎This is roughly what the GoMining hosting department, which purchases and supplies miners to our data centers, thinks.

The last several months have been quite fruitful for us in this regard. Since July, we have purchased 6,074 devices.

🚛 Flagship models from the best firms, Bitmain and WhatsMiner, arrived at our sites with huge, completely full trucks. The new miners are designed not only to increase the power of the project (3,995), but are also needed to update the existing fleet of devices (2,079).

⚡️ As you can see for yourself in the My NFT section, the power that backs our collections has already exceeded 1 EH/s. And the total hashrate of the project has already passed the 2 EH/s mark.

This growth allows us not only to release new NFT collections without any difficulties and expectations in terms of time, but also gives you the opportunity to increase the power of your digital miners indefinitely.

As you may recall, we have a gradation of mining farms levels. According to leaderboard statistics, the largest holders have reached the Container M mark, but we are sure that soon the threshold of 50,000 TH/s per owner will be passed.

🔜And the new collections produced by us will definitely spur on the desire to boost your mining farms.

📈As for capacity, GoMining will continue to grow and develop.

According to our road map, the GoMining team should increase the hashrate of the project to 3,000,000 TH/s in the 4th quarter.