🔄 Concluding the 50th Burn & Mint Cycle!

🔥 2,209,314 GOMINING tokens were burned;
🔨 1,855,824 GOMINING tokens have since been minted.

They were allocated as follows:

⚡️ 1,206,286 to the Service Provider;
🔒 371,165 to the owners of veGOMINING votes;
🪙 185,582 to GoMining Rewards;
👥 92,791 to the GoMining team.

The voting results for the 51th cycle are:

📌 Extra Solo mining discount is 0.92%;
📌 Pool mining multiplier is 1.18x;
📌 The Greedy Machines power has increased by 0.32% for each digital miner sold from this collection.

🎊 Access Your Weekly Perks!
Make sure your GOMINING tokens are secured in veGOMINING - My Lock section to start receiving your consistent rewards.

🤝 Enhance Your Savings:
Apply your GOMINING tokens for digital miner upkeep to obtain a 10% reduction in electricity expenses and increase your weekly rewards!

👉 Discover how to leverage these advantages here.

#GoMining #NFT #BurnMint

We are glad to announce that GoMining is now officially listed on Messari! 🎉

Messari, a leading crypto data and research platform, provides in-depth analysis and reliable data for the crypto community. Being featured on Messari marks a significant milestone for GoMining, enhancing our visibility and credibility in the industry.

Stay tuned for more updates and insights as we continue to innovate and grow. Thank you for your ongoing support!

🔍 Check out our listing on Messari now and explore all the details.

Let's mine the future together with GoMining! 💪🔗

#GoMining #NFT #Messari

📜Crypto World Highlights for August 8th

Bitcoin Market Dynamics

3 key Bitcoin price metrics highlight traders' lack of enthusiasm: Bitcoin price struggles as stablecoin and futures market data show declining confidence among traders.

Bitcoin Addresses Holding Over 0.1 BTC Near All-Time High Amid Price Dip: Investors are capitalizing on the recent price decline by accumulating more BTC.

Crypto Turns Broadly Lower in U.S. Afternoon Trade as Stocks Give Away Gains: An overnight bounce following dovish remarks from the Bank of Japan has failed to hold.

Top Bitcoin miners boost July production by 10.9%, led by Marathon Digital: Riot sees a 45% monthly increase in BTC production, hitting 370 BTC.

Michael Saylor Announces He Owns $1 Billion In Bitcoin Personally: Outside of MicroStrategy, Michael Saylor is also holding a large amount of BTC himself.

Gox Watch: Payouts quiet after sending out $5.8B before bitcoin crash: It’s been over a week since the last Mt. Gox transfer, and a lot has happened to bitcoin’s price.

-Ethereum and Altcoins

Solana Hits All-Time High Against ETH: Amid ETH's drawdown, SOL's ether-denominated market cap has reached new heights.

Tornado Cash sanctions effective, reveal Ethereum weakness: NY Fed: Cooperation with the US Treasury sanctions on Tornado Cash was strongest at the user level and weaker further along the settlement chain.

-Institutional Investment and Regulatory Developments

Robinhood's Q2 crypto revenues up 161% as trading volume hits $21.5 billion: Robinhood announced crypto transaction-based revenues increased to $81 million, a 161% increase.

Judge Fines Ripple $125M, Bans Future Securities Law Violations in Long-Running SEC Case: The SEC appears likely to appeal the overall case.

-Market Sentiment and Commentary

Democrats Launch "Crypto for Harris" to Rival Trump's Crypto Appeal: FOX Business: The Democrats are determined not to let Donald Trump run away with the crypto vote this fall, FOX Business' Eleanor Terrett reports.

#GoMining #DigitalMiners #MarketReview

What’s next for Bitcoin ecosystem? Our CBDO @jeremy_dreier with @rustyrockets at Bitcoin Nashville👀

Stay tuned🙌

🎉 Milestone Achievement - 80,000 mining holders! 🎉

We are excited to announce that GoMining has reached an incredible milestone: 80,000 mining holders! 🚀

This achievement is a testament to the strength and dedication of our community. We couldn't have done it without your support. Thank you for being a part of this journey and helping us grow.

Here's to many more milestones together as we continue to mine the future! 💪

#GoMining #NFT #Milestone

📈 GoMining Secondary Market Weekly Stats!

💸 Last week, we recorded a trading volume of 1,488,519 $GOMINING tokens.

🏆 Top Sales Performance:

💎 The Greedy Machines #9995: Achieved $266 per/1 TH
💎 The Greedy Machines #1177: Sold for $262/1 TH
💎 The Greedy Machines #1242: Closed at $262/1 TH

🛒 Enhance Your Digital Miner Experience:
Trade with confidence on our official marketplace, where every transaction is secure. Once purchased, digital miners are immediately added to your GoMining account.

🔍 Discover our marketplace here 👉 https://app.gmt.io/nft

📘 Need assistance with buying and selling? Check out our FAQ for guidance on payment methods and wallet management 👉https://help.nft.gomining.com/faq/buying-and-selling

Join the market today and boost your crypto adventure! 🚀

#GoMining #DigitalMiners #WeeklyStats

📜Crypto World Highlights for August 9th

-Bitcoin Market Trends and Investor Activity

Bitcoin reclaims $62K, forming a ‘massive bull hammer’ on price chart: Bitcoin has crossed the $62,000 mark for the first time since Aug. 3, with futures traders scrambling to adjust their positions.

Bitcoin Sees Strong US Buying Pressure Amid US Recession Fears: Bitcoin sees strong buying pressure from US investors, with the Coinbase Premium Index turning positive, indicating increased demand amid US recession fears.

Institutional investors bought the dip despite Bitcoin's steep crash below $50,000: Traders expect a "bullish second half of the year" with options placing the price between $90,000 and $100,000.

Miner profitability falls to record lows — Blocksbridge: Reduced block rewards post-halving and Bitcoin mining difficulty reaching new heights are eating away at miner revenues.

-Global Regulatory and Legal Developments

Putin Signs Law Legalizing Cryptocurrency Mining in Russia: Putin wanted "to seize the moment" in creating regulation for digital asset mining.

FTX & Alameda Ordered to Pay $12.7B to Customers: The order bans both firms from further trading of digital assets.

WazirX to restore balances of accounts, undo all trades affected by hack: WazirX will notify users via email about the impacted trades and account reversals over the next few days.

-Economic Indicators and Market Predictions

The Sahm rule was triggered. Is a recession near?: Felix Jauvin interviewed Sahm rule inventor Claudia Sahm to unpack signals of a nearing recession.

Multichain DeFi draws near with Chain Signatures: Intents-based relays serve as a bridge replacement as a single Near signature can execute transactions on other blockchains.

-Company and Technology News

Metaplanet stock soars 20% as firm agrees to 1 billion yen loan to fund Bitcoin acquisition: Metaplanet said the loan would be collateral-free.

‘Dark Skippy’ method can steal Bitcoin hardware wallet keys: Malicious firmware can embed secret data into a public Bitcoin transaction, which the attacker can then use to extract a person’s seed words.

#GoMining #NFT #MarketReview

GM, Miners! 🌟 May your weekend be as epic as your hustle—relax, recharge, and get ready to conquer the next week! 💪🎉

#GM

🚀GoMarket Weekly #22: Bitcoin’s Rollercoaster, Institutional Confidence, and Political Crypto Tensions

Welcome to the 22nd edition of GoMarket Weekly, curated for the GoMining community by seasoned crypto market analyst and journalist Mike Ermolaev. From euphoria to an extreme fear, Bitcoin market sentiment has had a rollercoaster ride. To make sense of the cryptocurrency market's hairpin turns, Mike has zeroed in on the factors that sparked the turmoil, read between the lines of encoded market signals, and monitored the strategy shifts of major institutional players. Is a sudden turnaround on the cards, and what's driving this streak? Let’s GoMarket and discover what he’s uncovered!

😨 Extreme Fear Grips the Market as Bitcoin Takes a Hit
Investor anxiety hit a peak this week with The Fear & Greed Index swinging dramatically to extreme fear at 20, driven by Bitcoin’s sharp correction. While it has since stabilized, the market remains volatile, and caution is the name of the game.

📉 US Economic Woes Weigh Heavily on Bitcoin
The US economy is one of the reasons behind Bitcoin's recent struggles. The ISM Manufacturing Index dropped to 46.8, shaking confidence in the broader market. Despite an initial rally after dovish comments from Fed Chair Powell, the weak economic data reversed momentum, pushing Bitcoin prices lower.

🚀 Bitcoin Poised for Breakout? $90K Could Be Next
Bitcoin might be gearing up for a significant breakout based on parallels with the post-halving cycle of 2015–2017. If history repeats itself, we could see Bitcoin surge to $90K after testing resistance levels near $70K-$73K.

🛡️ Mt. Gox Creditors Hold Steady, Boosting Bitcoin Stability
Data reveals that the majority of Mt. Gox creditors plan to hold their Bitcoin rather than sell, contributing to market stability. With over 600,000 BTC changing hands in the $66.2K-$66.9K range, we’re seeing strong support at these levels, suggesting that long-term holders are holding firm. 🛡️

💼💰 Institutional Confidence Grows
MicroStrategy and BlackRock’s Bitcoin ETF collectively hold over 570,000 BTC now – a vote of confidence from institutional investors putting their chips on Bitcoin's table. In early August, Bitcoin ETFs across all firms recorded a total net inflow of approximately $17.4 billion, with this strong support from the big players likely to help stabilize the market and drive future growth.

🌍 Global and US Crypto Developments
Brazil’s approval of the world’s first Solana ETF and Russia’s legalization of Bitcoin mining signal growing global acceptance of digital assets. Meanwhile, in the US, cryptocurrency is becoming a key political issue, with the Democratic Party’s "Crypto for Harris" campaign countering the crypto industry's support for Trump, showing how crypto is taking over politics.

Uncover the complete story here, and keep an ear out for the next batch of insights next week! 📊✨

#GoMarketWeekly #NFT #Trends

📜Crypto World Highlights for August 11th

-Bitcoin and Market Activity

Bitcoin bull-bear cycle indicator flips bullish as price holds $60K: The Bitcoin bull-bear market indicator has turned green once more after Bitcoin's drop below $50,000 triggered its first bearish signal since January 2023.

Bitcoin's cumulative transaction volume hits $125 trillion milestone: From $114 trillion to $125 trillion: Bitcoin’s transaction volume sees historic leap.

Bitcoin's 12% Price Rally on Thursday Was the Biggest Since February 2022: Risk assets stabilized as upbeat weekly U.S. jobs data eased recession concerns.

Spot Bitcoin ETFs Saw Largest Inflows in Two Weeks: Bitcoin spot ETFs saw their largest inflows in 2 weeks on Thursday, totaling $192.5M, helping push Bitcoin back above $60K after dipping below $50K earlier this week.

-Stablecoins and Regulatory Developments

Tether's USDT and Circle's USDC Combined Supply Grew $3B Amid Crypto Market Rebound: Stablecoins serve a key role in the crypto space and their expanding supply is usually a sign of health of the broader market.

IRS Shares New Crypto Tax Form, Invites Industry Input: The IRS’ new U.S. crypto tax regime will begin to go into effect for 2025 taxes, though some controversial aspects remain to be worked out.

Thailand launches regulatory sandbox to test crypto services: Thailand has been moving toward a more crypto-friendly stance throughout 2024, approving a Bitcoin ETF, initiating tax breaks for crypto, and more.

SEC subpoenas three crypto VCs in sign crackdown is gaining pace: The SEC has issued subpoenas to several crypto VCs, signaling an intensifying crackdown on the industry.

-Market Analysis and Miner Performance

Riot Platforms and Bitfarms shine in July as other miners struggle in post-halving revenue squeeze: Riot Platforms and Bitfarms, amidst an M&A struggle with each other, saw production rise 45% and 34%, respectively.

Analysts believe Bitcoin, Ethereum may face further downside in the short term: BTC and ETH still have significant challenges in the short term, as they must conquer key supports in the daily chart.

-Security and Development Updates

Solana developers address critical vulnerability with coordinated patch: Solana developers, validators, and client teams worked together to address a critical security vulnerability, ensuring a supermajority of the network stake was patched before public disclosure.

#GoMining #DigitalMiners #MarketReview

🌟Do you know which GoMining Bounty tasks can get you the most points and therefore the most tokens?🌟

Write the most popular post as per the task conditions and earn as many points as you can carry!💸

1) Write hype and creative post on X (formerly Twitter) about GOMINING tokens using the phrase “Look beyond s#tcoins, get serious”
2) Include the hashtags #GoMining, #GoMiningBounty
3) Write at least 100 characters.
4) Mention our official account

🌟 Posts will be compared based on reactions; 10 reactions earn 1 points per post.

👉 Don't forget to fill out the application form and send a screenshot and link to your post on our forum.

🚀 We'd like to remind you that the winner's reward in last cycle was 1,500 GOMINING tokens, or the equivalent of $400 at the current rate!

🔗 Register in the app to get GoMining ID
🔗 Read and complete all Bounty tasks

Use this chance to climb the leaderboard!

📜Crypto World Highlights for August 12th

-Bitcoin Market Analysis and Performance

Bitcoin's Performance Reshuffling - Ecoinometrics: A detailed analysis of Bitcoin's recent performance, exploring correlations and the potential impact of rate cuts.

Bitcoin (BTC) Price Decline May Not Be Over Despite Recent Recovery: Despite a partial recovery, Bitcoin's price decline may continue due to ongoing distribution from holders and persistent outflows from spot Bitcoin ETFs.

Bitcoin metric calls "local bottom" as traders eye sub-$60K BTC price: A key Bitcoin metric suggests a local bottom, though traders are still expecting a dip below $60,000 before a possible price recovery.

4 years in, MicroStrategy's Bitcoin gamble beats Warren Buffett's warning: MicroStrategy's Bitcoin investment strategy has resulted in a 1,000% increase in stock value, outperforming Warren Buffett's cautious approach.

-Legal and Regulatory Developments

Tether calls Celsius' lawsuit "baseless" in response to Bitcoin liquidation dispute: Tether defends against Celsius' lawsuit, which seeks to recover $2.4 billion in Bitcoin, claiming the liquidation was conducted with Celsius' consent.

Hong Kong crypto ETFs face systemic market obstacle, says OSL executive: Hong Kong's equity market structure and inherent biases present significant challenges for the growth of crypto ETFs in the region.

-Broader Market Impact and Insights

Senior commodity strategist explains how Bitcoin's slump exposed U.S. stock market: An analysis of how Bitcoin's recent performance has highlighted vulnerabilities in the U.S. stock market.

Panic Monday! (What Now?): A look at the market panic event that rocked global markets, including a significant drop in Asian markets and a historic loss in the Japanese bank index.

#GoMining #DigitalMiners #MarketReview

🎓 GoMining Academy: Who is Satoshi Nakamoto?

There are few mysteries in crypto media that are as persistent and intriguing as the identity of the legendary Satoshi Nakamoto, the creator of Bitcoin. The question "Who is Satoshi Nakamoto?" has been troubling crypto enthusiasts, financial analysts, and curious observers ever since the Bitcoin White Paper and that legendary BitcoinTalk forum were published in 2008.

The Birth of Bitcoin

On October 31, 2008, a white paper titled "Bitcoin: A Peer-to-Peer Electronic Cash System" was published on a cryptography mailing list. The paper, authored by Satoshi Nakamoto, outlined a revolutionary digital currency that would function without the need for a central authority. By January 2009, Nakamoto had mined the first block of Bitcoin, known as the Genesis Block, and the world's first decentralized cryptocurrency was born.

For the next few years, Satoshi continued to develop and communicate about Bitcoin through emails and the online forum BitcoinTalk. However, in 2011, Nakamoto suddenly withdrew from the public eye, leaving the Bitcoin community in the hands of trusted developers. The departure fueled speculation about Nakamoto's identity, as they left behind a trail of innovative ideas and a fortune in Bitcoin — estimated to be over one million BTC.

The Theories: Who Could Satoshi Be?

Since Nakamoto's disappearance, numerous theories have emerged about who might be behind the pseudonym. Some of the most prominent candidates include:

Hal Finney: A respected cryptographer and the first person to receive a Bitcoin transaction from Nakamoto. Finney's involvement in early Bitcoin development, combined with his technical skills, has led many to speculate that he could be Nakamoto. However, Finney, who passed away in 2014, consistently denied being Satoshi.

Nick Szabo: A computer scientist and cryptographer known for his work on "bit gold," a precursor to Bitcoin. Szabo's writings on decentralized currency and his deep knowledge of cryptography make him a strong candidate, though he, too, has denied being Nakamoto.

Dorian Nakamoto: A Japanese-American man named Dorian Prentice Satoshi Nakamoto was famously identified by a journalist in 2014 as the Bitcoin creator. However, Dorian Nakamoto has repeatedly stated that he is not the person behind the pseudonym, and the evidence connecting him to Bitcoin is weak at best.

Craig Wright: An Australian computer scientist who publicly claimed to be Satoshi Nakamoto in 2016. Wright's claim has been met with widespread skepticism due to a lack of conclusive evidence and inconsistencies in his story.

A Collective Effort: Some believe that "Satoshi Nakamoto" is not a single person but a group of developers who worked together to create Bitcoin. This theory posits that the name is a collaborative pseudonym, which would explain the broad range of skills and knowledge reflected in Bitcoin's development.

The Importance of Anonymity

Satoshi Nakamoto's anonymity has played a critical role in Bitcoin's success. By remaining anonymous, Nakamoto has avoided the cult of personality that might have developed around him, allowing Bitcoin to grow as a decentralized project free of individual influence. This anonymity has also protected Nakamoto from potential legal and financial repercussions, as governments and financial institutions have not always looked favorably on Bitcoin.

Furthermore, the mystery surrounding Nakamoto has added to Bitcoin's appeal, giving the currency a legendary origin story that continues to fascinate. The unanswered question of Nakamoto's identity has become part of Bitcoin's culture, symbolizing the ideals of privacy, decentralization, and autonomy.

What do you think? Who is Satoshi Nakamoto? Share in the comments.👇

#GoMiningAcademy #GoMining #Bitcoin

📜Crypto World Highlights for August 13th

-Bitcoin Market and Analysis

Bitcoin Nears $58K as Market Slides Ahead of Busy Data Week: The crypto market faces uncertainty as Bitcoin approaches $58,000, with analysts predicting further volatility influenced by traditional finance markets.

Halving cycles amplify significance of Bitcoin transaction fees | CryptoSlate: Bitcoin miners are increasingly reliant on transaction fees as a revenue source post-halving, highlighting the importance of fees in future earnings.

Chart indicators show Bitcoin could be beset by a new wave of sell-offs, analyst says | The Block: Technical indicators suggest Bitcoin could face additional selling pressure, with potential for further price corrections.

More "extreme fear" than FTX crash — 5 things to know in Bitcoin this week: Market sentiment surrounding Bitcoin is increasingly fearful, surpassing levels seen during the FTX crash, as macroeconomic factors contribute to uncertainty.

Bitcoin's maturity reflected in declining volatility trends | CryptoSlate: Bitcoin's volatility is decreasing, reflecting its growing maturity as an asset, with its correlation to gold becoming more evident.

-Industry Developments and Trends

DeFi "dominance" hits a three-year low | The Block: The dominance of DeFi has reached its lowest level in three years, indicating shifting interest within the crypto sector.

Bitcoin Miners At "Max Pain" As Experts Reckon Bottom Is In - "The Defiant": Bitcoin miners are facing significant challenges as profitability reaches new lows, with some experts suggesting the market has reached its bottom.

Polymarket's open interest falls off a cliff | The Block: Polymarket experienced a dramatic drop in open interest, marking the largest single-day decline in its history.

-Legal and Regulatory Updates

SEC Files Fraud Charges Against Promoters of NovaTech, Alleged $650M Crypto Pyramid Scheme: The SEC has filed fraud charges against promoters of NovaTech, accusing them of running a $650 million crypto pyramid scheme.

Cosmos at a Crossroads | Bankless: The Cosmos blockchain is facing challenges, with declining community support raising concerns about its future direction.

-Investment and Strategy

Marathon Digital Holdings To Raise $250 Million To Buy More Bitcoin: Marathon Digital Holdings plans to raise $250 million to expand its Bitcoin holdings, mirroring strategies used by companies like MicroStrategy.

#GoMining #DigitalMiners #MarketReview

🌟A Simple Way to Win Amazing Prizes in GoMining Bounty!

Register on our 👉 forum
Fill out the 👉 application form

Retweet posts and write your own about @GOMINING_token!

Note, Cycle #2 of the Bounty Program ends at 3:00 PM UTC, so hurry to submit your entries!

#Bounty

🌟We're announcing the third cycle of our Bounty program with 1,000,000 tokens!

Don't miss your chance to join the grand drawing!

What is the GoMining Bounty program?

The program is linked to our Burn and Mint tokenomics cycles. Every Tuesday, a new cycle begins with new reward tasks. Each week, we will distribute 10,000 GOMINING tokens among those who complete the program's tasks. But that's not all!
All the points you earn by participating in the weekly cycles will accumulate in the final leaderboard of the 4th epoch, where we will distribute 1,000,000 GOMINING tokens!!!

Join the third Bounty cycle!

How It Works:

1️⃣ To participate in the Bounty, register in the GoMining app and get a GoMining ID.

2️⃣ Fill out this form by Tuesday, August 20th, at 3 PM UTC.

3️⃣Register on this forum to submit your applications!

4️⃣ Complete one or more tasks from this cycle

Join our weekly bounty cycles, complete new tasks, earn tokens for your activity, and accumulate points for the big drawing at the end of the epoch! 🚀

#GoMining #DigitalMiners #Bounty #Airdrop

📢✨ We're excited to announce new and interesting tasks for this week's Bounty program cycle!

To participate:

1️⃣ Fill out this form by Tuesday, August 20th, at 3 PM UTC (we will need your GoMining UID to calculate the results).

2️⃣ Register on this forum to submit your applications!

3️⃣ Complete one or more tasks from this cycle:

🔹 Show your support and creative energy on social media.

1. Like, share, repost - earn from 2 to 20 points for simple tasks. ❤️

2. Spread the Word About GoMining Bounty and earn from 5 to 25 points!🎙

3. Write the most popular post according to the task conditions and earn as many points as you can carry! 💸

4. Mention GoMining in Discussions on X (formerly Twitter) and and earn from 2 to 60 points! 💬

5. Promotion on Telegram - become a Bounty Ambassador and earn from 10 to 30 points. 👍

6. Secret Task - Keep an eye on our social media and participate in the secret task for this week!

🔹 All our community tasks from the first week are still active:

1. Be active on our Telegram chat and Discord server to earn from 1 to 10 points each! 💬

2. Help newcomers on the Telegram chat; each reputation point equals one point on the Bounty leaderboard! 🤝

3. Participate and win in games and quizzes on Discord and Telegram! (follow the schedule on social media) 🎮

4. Invite friends to our Telegram group and earn 10% of the points they earn for their activity on Telegram! 👥

Join us, be active, persistent, and creative, climb the leaderboard, and win GOMINING tokens! 🎉

#GoMining #Bounty

GoMining and BingX Airdrop Winners! 🎉

We’re excited to announce the winners of our GoMining and BingX Airdrop! 🏆

Thank you to everyone who participated and helped spread the word. The list of winners will be shared on our Telegram channels, and rewards will be transferred to your GoMining Virtual Wallets.

👉 Winners list 👀

Congratulations to all the lucky winners! 🎁

#GoMining #BingX #Airdrop #Winners