🤩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!
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!
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🔥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.
😎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.
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🤖 A huge futuristic factory, an austere steampunk-esque man, or maybe a stalker mining coins in cyberspace?
🔥A very interesting contest was held by us on Discord. Our subscribers tried to portray GoMining using artificial intelligence.
You can see some of their work here, but most of the images are available on our account, which you can subscribe to via this link 👉: https://discord.gg/E3WCMRXMmc/?utm_source=telegram
Come in, get acquainted with the illustrations, and take part in other closed contests!
🤩The winner, whose name will be announced today on Discord, will receive the best prize for their efforts – NFT that will mine BTC every day and xp in Zealy sprint.
🔥A very interesting contest was held by us on Discord. Our subscribers tried to portray GoMining using artificial intelligence.
You can see some of their work here, but most of the images are available on our account, which you can subscribe to via this link 👉: https://discord.gg/E3WCMRXMmc/?utm_source=telegram
Come in, get acquainted with the illustrations, and take part in other closed contests!
🤩The winner, whose name will be announced today on Discord, will receive the best prize for their efforts – NFT that will mine BTC every day and xp in Zealy sprint.
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❓Can you guess?
👨🏼🎨 As we announced earlier, our team is working on the PFP (Profile Picture/Picture for Proof) NFT collection.
🎨We have collected several styles for you that may suit our new NFT. What do you think, which one we have chosen?
👨🏼🎨 As we announced earlier, our team is working on the PFP (Profile Picture/Picture for Proof) NFT collection.
🎨We have collected several styles for you that may suit our new NFT. What do you think, which one we have chosen?
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The PFP NFT collection will be in the style of:
Anonymous Poll
21%
Pixel Art
22%
Anime
36%
Sci-Fi
10%
Cartoons
10%
Comic
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🔥The long-awaited article on Medium is waiting for you!
https://medium.com/@GoMining/the-future-of-bitcoin-mining-a9e1b278ff6e
👤 Is Bitcoin mining no longer for the average person?
🍕 Have the days where we can make some Bitcoin and buy a few pizzas with it been lost?
🏭 Will every future Bitcoin block just be a creation of mining farms scattered across nation-states with the cheapest energy costs?!
Look for answers in our new article on Medium.
https://medium.com/@GoMining/the-future-of-bitcoin-mining-a9e1b278ff6e
👤 Is Bitcoin mining no longer for the average person?
🍕 Have the days where we can make some Bitcoin and buy a few pizzas with it been lost?
🏭 Will every future Bitcoin block just be a creation of mining farms scattered across nation-states with the cheapest energy costs?!
Look for answers in our new article on Medium.
Medium
The Future of Bitcoin Mining
How Bitcoin Mining Is Coming Back to the People
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Over $30,000 and more than $15,000 will be distributed to GOMINING vote holders and GoMining Rewards, respectively.
This was the result of the 4th Burn & Mint cycle.
Now let's get acquainted with the details:
🔥 2,128,147.36 GOMINING tokens were burned;
🔨 1,702,517.89 GOMINING tokens have been minted.
They were divided into the following categories:
⚡️ 1,106,636.63 to the Service Provider;
🔒 340,503.58 to the owners of veGOMINING votes;
🪙 170,251.79 to GoMining Rewards;
👥 85,125.89 to the GoMining team.
On a separate note we’d like to mention the significant growth of tokens locked up on the veGOMINING smart contract. Their number has already passed the 31 million mark and continues to increase.
The 5th cycle, which began today, will be the last in which the GoMining Rewards will be distributed equally between three categories, namely:
📌Extra Solo mining discount is 1.89%;
📌Pool mining multiplier is 1.1589;
📌The Greedy Machines power has increased by 1.0009997 (0.01%) for each NFT sold from this collection.
🗳Please note that starting today all veGOMINING vote holders have access to voting.
Look out for detailed instructions on how this works in the next post.
This was the result of the 4th Burn & Mint cycle.
Now let's get acquainted with the details:
🔥 2,128,147.36 GOMINING tokens were burned;
🔨 1,702,517.89 GOMINING tokens have been minted.
They were divided into the following categories:
⚡️ 1,106,636.63 to the Service Provider;
🔒 340,503.58 to the owners of veGOMINING votes;
🪙 170,251.79 to GoMining Rewards;
👥 85,125.89 to the GoMining team.
On a separate note we’d like to mention the significant growth of tokens locked up on the veGOMINING smart contract. Their number has already passed the 31 million mark and continues to increase.
The 5th cycle, which began today, will be the last in which the GoMining Rewards will be distributed equally between three categories, namely:
📌Extra Solo mining discount is 1.89%;
📌Pool mining multiplier is 1.1589;
📌The Greedy Machines power has increased by 1.0009997 (0.01%) for each NFT sold from this collection.
🗳Please note that starting today all veGOMINING vote holders have access to voting.
Look out for detailed instructions on how this works in the next post.
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