GoMining Introduces a New Approach to Mining Crypto

SINGAPORE, July 20, 2021 (GLOBE NEWSWIRE) — GoMining company has created a GMT token that solves crypto-related problems such as buying expensive hardware and power consumption. This is a unique solution that will not only save people from unnecessary spending, but also increase mining income.

A distinctive feature of GMT is that, unlike other tokens, each GMT is backed by real, constantly growing computing power (measured in TH/s) via the SHA-256 protocol. The token is an asset, but apart from that the supply capacity of each GMT allows its holders to mine Bitcoin for an unlimited period of time.

Another important distinctive feature of GMT is that it constantly increases in price. Every week the team introduces new capacities and issues tokens proportionally to these capacities. After the additional issue, the team burns 20%-90% of issued tokens and redistributes the released capacity between all GMTs in circulation. As a result, the supply capacity of each token increases, which leads to income growth.

GoMining is actively committed to green and sustainable development. 50% of the electricity for data centers comes from renewable energy sources such as hydroelectric power plants and wind turbines. In the future, the team plans to completely switch to rational energy consumption and minimize any ecological footprint. GoMining plans to keep on increasing the supply capacity of each token which will lead to a constant increase in the profitability of the holders. In a few years the company plans to reach the final goal: to take 20% of the world’s BTC mining.

Coinbase 2

Website: https://token.gomining.com/

GoMining Introduces a New Approach to Mining Crypto 1
blank
About the author

Brent Dixon is the owner of E-Crypto News and an early adopter of cryptocurrencies. He is a Book editor- that has edited numerous books on Cryptocurrencies. He has been a writer for more than 30 years. Covering everything from Jazz Music to Blockchain Technology. He currently lives with his wife on Miami Beach, Fl.
blank

E-Crypto News Executive Interviews


blank

bitcoin
Bitcoin (BTC) $ 39,225.00
ethereum
Ethereum (ETH) $ 2,360.72
tether
Tether (USDT) $ 1.00
binance-coin
Binance Coin (BNB) $ 319.14
cardano
Cardano (ADA) $ 1.34
xrp
XRP (XRP) $ 0.662810
dogecoin
Dogecoin (DOGE) $ 0.223008
usd-coin
USD Coin (USDC) $ 1.00
polkadot
Polkadot (DOT) $ 14.85
binance-usd
Binance USD (BUSD) $ 1.00
USD
EUR
GBP
bitcoinBitcoin (BTC)
$ 39,225.00
ethereumEthereum (ETH)
$ 2,360.72
tetherTether (USDT)
$ 1.00
bitcoin-cashBitcoin Cash (BCH)
$ 505.48
litecoinLitecoin (LTC)
$ 137.90
bitcoinBitcoin (BTC)
33.322,58
ethereumEthereum (ETH)
2.005,49
tetherTether (USDT)
0,849524
bitcoin-cashBitcoin Cash (BCH)
429,42
litecoinLitecoin (LTC)
117,15
bitcoinBitcoin (BTC)
28,530.38
ethereumEthereum (ETH)
1,717.07
tetherTether (USDT)
0.727352
bitcoin-cashBitcoin Cash (BCH)
367.66
litecoinLitecoin (LTC)
100.30

Automated trading with HaasBot Crypto Trading Bots

Crypto Scams

Cryptocurrency Exchanges
Cryptocurrency Exchanges and the Plague of Scams and Bans
June 29, 2021
blank
What Role Do Cryptocurrencies Play In The Era Of Ransomware Attacks?
June 9, 2021
Crypto Scams On The Rise As Market Enters Bull Cycle
Crypto Scams On The Rise As Market Enters Bull Cycle
December 22, 2020
Harpreet Singh Sahni perpetrated the Plus Gold Union Coin (PGUC) scam
Sydney Concert Promoter Harpreet Sahni Involved In $50M Crypto PGUC Scam
November 2, 2020
Mining City insists that it is legit
Mining City Refutes Claims By Philippines SEC Of Being A Scam
September 23, 2020

Blockchain/Cryptocurrency Questions and Answers

Short-Sell Cryptocurrency
How to Short-Sell Cryptocurrency: A Brief Overview
July 17, 2021
Klaytn
What Is Klaytn (KLAY) And How Does It Work?
July 16, 2021
Cryptocurrencies
Our Crypto Roundup Interview Asks- Do Cryptocurrencies Have a Future?
July 15, 2021
Solana
What Is Solana (SOL) And How Does It Work?
June 26, 2021
blank
What Is Plethori Platform And How Does It Work?
June 12, 2021


CryptoCurrencyUSDChange 1hChange 24hChange 7d
Bitcoin39,774 1.56 % 15.33 % 24.61 %
Ethereum2,376.8 0.51 % 9.90 % 24.72 %
Tether1.000 0.05 % 0.03 % 0.23 %
Binance Coin322.16 1.09 % 7.80 % 5.88 %
Cardano1.350 0.57 % 11.78 % 13.65 %
XRP0.6649 0.31 % 10.91 % 12.73 %
Dogecoin0.2244 0.52 % 13.77 % 21.76 %
USD Coin1.010 0.35 % 0.39 % 0.00 %
Polkadot14.97 1.63 % 10.78 % 17.20 %
Binance USD1.010 0.50 % 0.89 % 0.54 %

bitcoin
Bitcoin (BTC) $ 37,757.00
ethereum
Ethereum (ETH) $ 2,253.55
tether
Tether (USDT) $ 0.990603
binance-coin
Binance Coin (BNB) $ 304.29
cardano
Cardano (ADA) $ 1.27
xrp
XRP (XRP) $ 0.633896
dogecoin
Dogecoin (DOGE) $ 0.210419
usd-coin
USD Coin (USDC) $ 0.974852
polkadot
Polkadot (DOT) $ 14.32
binance-usd
Binance USD (BUSD) $ 0.965542