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πŸŽ‰ Big cheers to Maverick, this week's winner in our weekly raffle!

πŸ”‘ You've earned an exclusive access key to our premium GoMiners Avatars, ready to elevate your mining game. Enhance your setup with these top-tier avatars for unmatched performance.

πŸ’Ž Looking to boost your mining efficiency? Here's how you can join the raffle:

1) Haven't got a digital miner yet? Now's the time to get started;

2) Upgrade your digital miner with a minimum of $10 to enhance power and efficiency;

πŸ’‘ Every $10 invested in upgrades not only fine-tunes your mining capabilities but also raises your chances of winning. This week's winner, Maverick, had a winning probability of just 0.06%, proving anyone can win.

πŸ—“ Note the date: The next drawing will conclude on August 13th. Keep enhancing your setup to boost your chances.

πŸ€ Good luck to everyone in the next draw!

#GoMining #DigitalMiners #WeeklyRaffle
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πŸ”„ Concluding the 51st Burn & Mint Cycle!

πŸ”₯ 1,646,991GOMINING tokens were burned;
πŸ”¨ 1,383,472 GOMINING tokens have since been minted.

They were allocated as follows:

⚑️ 899,257 to the Service Provider;
πŸ”’ 276,694 to the owners of veGOMINING votes;
πŸͺ™ 138,347 to GoMining Rewards;
πŸ‘₯ 69,174 to the GoMining team.

The voting results for the 52nd cycle are:

πŸ“Œ Extra Solo mining discount is 0.77%;
πŸ“Œ Pool mining multiplier is 1.01x;
πŸ“Œ The Greedy Machines power has increased by 0.26% 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!

πŸ‘‰ Discover how to leverage these advantages here.

#GoMining #NFT #BurnMint
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🌟 Results of the Second Cycle of the GoMining Bounty Program!🌟

Hi everyone,
We're happy to share the results of our weekly Bounty Program!

Every week, GoMining distributes 10,000 tokens among those who complete tasks and earn points. πŸš€

πŸ† Results and Winners:

We have tallied the points and recorded the results of the second cycle in the Cycle #2 Leaderboard - check out your GoMining ID!

We're overjoyed to announce that this week we have two participants who scored more than 100 points and will receive over 1000 GoMining tokens! πŸ€— The winner's reward in this cycle will be 1132 GOMINING tokens, equivalent to $300 at the current rate! πŸŽ‰ Amazing prizes in just one week!

Want to be a winner too?

Stay active, complete tasks, earn points, and participate in the next token drawing.

πŸŽ‰ Congratulations to our winners and thanks to everyone for participating! Good luck in the next cycle!

πŸ‘‰ Want to join? Let's start right now! πŸ‘ˆ

#GoMining #BountyProgram
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GoMining News #4: Liquidity Mining and Reinvestment Milestones

Hello and welcome to Episode 4 of GoMining News β€” your go-to source for the latest updates and insights on GoMining products. Over the past two weeks, our team has been hard at work developing some exciting updates that you'll be hearing more about in the coming months. Meanwhile, our beloved community continues to grow rapidly, with several key milestones we're excited to share with you. So, fasten your seatbelts β€” we're ready for takeoff!

πŸ” What's Inside:

πŸ“Reinvestment: Powering Up for More Rewards

Another significant update we're excited to share is the growing number of digital miner holders who are reinvesting their profits into power upgrades. These upgrades automatically boost your miner's output, leading to even greater mining rewards. Last week, we hit a new high with over 250,000 upgrades made using reinvestment tools, thanks to the efforts of more than 6,500 GoMining digital miner holders.

πŸ“New Feature: GoMiners Key Market Stats

GoMiners digital avatars are not only a fun way to express yourself with a unique virtual hero, but they also enhance the performance of your digital miners. With our latest update, tracking GoMiners' market activity has never been easier. We've added a dedicated screen where you can view the purchase history.

πŸ“Upcoming Feature: Liquidity Pools

Last, but certainly not least, we're excited to give you a sneak peek of a major feature our team is working on β€” Liquidity Pools! This feature is designed to provide GOMINING token holders with a new way to earn.

Don't miss out on any details β€” check out the full update in our blog!

πŸ‘‰ Read more in our blog

Stay tuned for more updates! πŸ™Œ

#GoMining #Product #Updates
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πŸŽ₯GoMining Community Call Recap

Community calls are an excellent way for you to discover our most recent news and happenings. We were happy to catch up with GoMining CEO Mark Zalan to discuss the latest updates for July and to answer your questions.

July has been quite eventful for GoMining, although not primarily in terms of PR news releases. A lot of work has been ongoing behind the scenes, and we'd like to take a moment to discuss these developments. We've focused on making internal changes to enhance the ease, simplicity, and straightforwardness of using our ecosystem.

We're eager to hear feedback on whether these improvements have achieved their goal and always encourage our community to share their thoughts with us. Additionally, we're committed to continually seeking and collecting user feedback to further refine our ecosystem, making it more user-friendly, accessible, and convenient for everyone.

πŸ‘‰ Read full article πŸ‘ˆ

Stay tuned for more updates!πŸ™Œ

#GoMining #DigitalMiners #Recap
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πŸ“œCrypto World Highlights for August 15th

-Inflation and Market Trends

July’s CPI data shows inflation slowing to 2.9%, the lowest in over three years: The Consumer Price Index (CPI) fell to 2.9% in July, marking the lowest inflation rate since March 2021, which could influence economic policy and market sentiment.

BlackRock ETFs dominate Bitcoin and Ethereum inflows: BlackRock's IBIT ETF leads the market with a $34.6 million inflow, while Grayscale sees a significant $28.6 million outflow.

Bitcoin Price May Turn Lower as Crypto Exchanges See $1B USDT Withdrawal: IntoTheBlock: Large USDT withdrawals from exchanges, often seen near Bitcoin's local price tops, could indicate a potential downturn in BTC's price.

-Bitcoin Accumulation and Institutional Interest

Bitcoin investors show renewed interest in accumulation and holding – Glassnode: Long-term Bitcoin holders are accumulating again after a period of divestment, signaling renewed confidence in the cryptocurrency.

Nearly $600M of Silk Road Bitcoin Hits Coinbase Prime, but Not Necessarily to Sell: A significant amount of Bitcoin linked to Silk Road has moved to Coinbase Prime, raising questions about its purpose.

-Institutional Bitcoin Holdings

State of Wisconsin Investment Board Increased BlackRock Bitcoin ETF Holdings: SEC Filing: SWIB has notably increased its holdings in BlackRock's Bitcoin ETF, reflecting growing institutional interest.

Norwegian sovereign wealth fund's indirect Bitcoin holdings soar 62% in first half of 2024: Norway's sovereign wealth fund has significantly increased its indirect Bitcoin holdings, demonstrating confidence in Bitcoin's future.

Goldman Sachs reports $418 million in spot bitcoin ETF holdings as of June 30: Goldman Sachs holds nearly $418 million in spot Bitcoin ETFs, making it one of the top institutional investors in Bitcoin.

Morgan Stanley discloses $188M in BlackRock Bitcoin ETF holdings: Morgan Stanley reported holding over 5.5 million shares of BlackRock’s Bitcoin ETF, indicating substantial institutional involvement.

-Regulatory and Adoption Developments

Binance to Pay $1.7 Million to Brazil’s SEC Over Crypto Derivatives - Decrypt: Binance settles a dispute with Brazil’s SEC over its crypto derivatives operation, ending a long-standing regulatory conflict.

Over 1 Million Bitcoin Addresses Hold 1 BTC or More, Reflecting Strong Adoption: Bitcoin adoption is growing, with over 1 million addresses now holding at least 1 BTC, highlighting increasing confidence and interest in the cryptocurrency.

#GoMining #DigitalMiners #MarketReview
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Do you sell your mined Bitcoins?
Anonymous Poll
22%
Yes😨
26%
ReinvestπŸ”„
52%
No. Only HODLπŸ’ŽπŸ™Œ
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πŸŽ‰ Announcing the winners of the GoMining Mascot Creation Contest! 🌟

Thank you to everyone who participated and voted! Your support and creativity made this contest incredibly exciting.

πŸ† Contest Winners:

πŸ₯‡ 1st Place - 1,500 GOMINING tokens
πŸ₯ˆ 2nd Place - 400 GOMINING tokens
πŸ₯‰ 3rd Place - 250 GOMINING tokens
πŸ… 4th Place - 200 GOMINING tokens
πŸ… 5th Place - 150 GOMINING tokens

We also want to recognize the participants who secured 6th to 10th places, each of whom will receive 100 GOMINING tokens. You are all truly talented!

Thank you to everyone for your inspiration and creativity! πŸ™Œ

Stay tuned for more exciting updates coming soon!

#GoMiningMascot #GoMining #DigitalMiners #Contest #Winners
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🌟Spread the Word About GoMining Bounty!🌟

Create a thread of 5 TWEETS, explaining in detail the steps to participate in the Bounty Program.

Include a registration link https://bit.ly/3SINhmD and a link to the forum https://forum.gomining.com/

πŸŽ‰Up to 25 points for 5 posts per week πŸŽ‰

Attach screenshots and the link to the post to the topic on the forum

Include the hashtags #GoMining, #GoMiningBounty.
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πŸ“½ GoMining on YouTube: GoMarket Weekly By GoMining

In this week's episode of GoMarket Weekly by GoMining, we delve into recent crypto market fluctuations, Trump's key announcements at the Bitcoin Conference 2024, and their impact on Bitcoin's price. We also explore the US government's significant BTC transfer, mitigated concerns around Mt. Gox payouts, the Federal Reserve's interest rate decisions, and trends in Bitcoin's hashrate and miner behavior. Stay tuned for in-depth analysis and insights on these crucial developments!

πŸ‘‰ Watch now πŸ‘€

Let’s GoMarket!

#GoMarketWeekly #YouTube
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πŸš€ HTX Launch Giveaway Results Are In! πŸŽ‰

Thank you to everyone who participated in our $100,000 HTX launch giveaway! The excitement was incredible, and now the moment you've all been waiting for has arrived.

πŸ‘‰ Check out the winners here! πŸ‘ˆ

Congratulations to all the lucky winners! If you see your name on the list, your share of the 300,000 GOMINING tokens will be on its way to your GoMining Virtual Wallet soon.

Stay tuned for more exciting opportunities, and thanks for being part of the GoMining community!

#GoMining #HTX
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🌟Mention GoMining in discussions and earn up to 60 Bounty points!🌟

πŸ’¬ Mention GoMining and GoMiningBounty in 10 discussions under popular posts (with 100+ reactions) on X (formerly Twitter).

Find such posts on X using hashtags like #CryptoBounty, #EarnCrypto, #Airdrop, #BountyCampaign, #CryptoRewards, #CryptoGiveaway, and others.

Attach screenshots and the link to the post to the topic on the forum.
Earn 2 points for each comment (up to 60 points for the task).

πŸš€Join the Bounty program

#GoMining, #GoMiningBounty.
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πŸ“œCrypto World Highlights for August 16th

-Bitcoin and Market Dynamics

Bitcoin Tumbles Back Under $58K as Crypto Quickly Crumbles Thursday Afternoon: Despite a strong performance in traditional markets, Bitcoin fell back under $58,000, highlighting the current market instability.

Bitcoin records negative returns during Asian trading hours post-April 2024 halving: Bitcoin has been recording negative returns during Asian trading hours following the April 2024 halving, reflecting ongoing global regulatory challenges.

ETH, SOL exhibit heightened price sensitivity amid wider market caution, Coinbase analyst says: Analysts at Coinbase have noted that Ethereum and Solana are showing increased sensitivity to current market conditions, with broader caution expected to persist.

-Regulatory and Security Developments

SEC Approves the First Leveraged MicroStrategy ETF: The SEC has approved a leveraged ETF targeting MicroStrategy, offering amplified exposure to Bitcoin through its large holdings.

Binance Relaunches Operations in India after $2.25M fine: Binance has resumed operations in India after settling a $2.25 million fine with the country's Financial Intelligence Unit (FIU).

ZachXBT exposes North Korean agents infiltrating crypto projects to conduct thefts: Investigative reports reveal North Korean agents infiltrating crypto projects to execute thefts, highlighting ongoing security vulnerabilities in the sector.

Chainalysis alerts rise in crypto hacks and ransom in 2024: Chainalysis reports an increase in crypto hacks and ransom attacks, with a return to targeting centralized exchanges amid the 2024 Bitcoin price surge.

-Industry and Mining Insights

94% of Bitcoin's total supply has now been mined: As Bitcoin nears its total supply cap, its predictable inflation rate continues to appeal to investors.

Bitcoin Mining Was Less Profitable in July Than June, Jefferies Says: July saw a decline in mining profitability despite increased production, as new capacity was added faster than the network's hashrate.

Aave token retakes $110 price point as number of weekly borrowers hits all-time high: Aave's token price surged as the lending platform hit a new record for weekly active borrowers, reflecting robust demand.

-Controversies and Market Reactions

WBTC Gets Wrapped in Controversy: Crypto Twitter is abuzz with controversy surrounding Justin Sun's involvement in the governance of WBTC, sparking debate within the community.

#GoMining #DigitalMiners #MarketReview
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πŸ“ˆ GoMining Secondary Market Weekly Stats!

πŸ’Έ Last week, we recorded a trading volume of 524,682 $GOMINING tokens.

πŸ† Top Sales Performance:

πŸ’Ž The Greedy Machines #1100: Achieved $254 per/1 TH
πŸ’Ž The Greedy Machines #1244: Sold for $228/1 TH
πŸ’Ž The Greedy Machines #7862: Closed at $170/1 TH

πŸ›’ 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.

πŸ” Discover our marketplace here πŸ‘‰ https://app.gmt.io/nft

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

Join the market today and boost your crypto adventure! πŸš€

#GoMining #DigitalMiners #WeeklyStats
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🌟 Be active on our Telegram chat and Discord server to earn from 1 to 10 points each! πŸ’¬

Join the discussions on our official Telegram chat and Discord server! We reward chat activity: the more messages you send, the more points you earn.

πŸ—£ How It Works:

- Administrators check the number of your messages in the chat.

- You receive 1 point for every 20 messages.

- The maximum number of points you can earn in a week is 10.

- Please avoid spamming; our moderators will remove spam.

πŸš€Join a Bounty program

#GoMining, #GoMiningBounty
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πŸ” GoMarket News: Bitcoin Chaos

In this episode of GoMarket, we dive into the latest developments in the crypto market with a focus on Bitcoin! πŸ“ˆπŸš€

Get the latest news, price analysis, and forecasts for the world’s leading cryptocurrency. How is Bitcoin’s value changing, what factors are driving its movements, and what can we expect in the near future?

πŸ‘‰ Watch now πŸ‘€

Subscribe to stay informed and ahead of the market!

#GoMining #YouTube
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πŸ—ž Earn up to 20 Bounty pointsfor sharing information on X (formerly Twitter) about our latest news!

- Repost 10 messages from our X channel within a week to earn 20 points!

- Attach screenshots and the link to the post to the topic on the forum

🌟 Look for the "star" emoji in posts to know which ones count for points 🌟

πŸš€Join a Bounty program

#GoMining #Bounty #GoMiningBounty
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πŸ“œCrypto World Highlights for August 17th

-Market and Institutional Insights

Bitcoin price stumbles as gold price hits $2.5K for the first time ever: While Bitcoin remains below $60K, gold has reached an all-time high of $2,500 per ounce, highlighting a stark divergence between the two assets.

Bitcoin's negative correlation with SPX deepens amid current market trends: The negative correlation between Bitcoin and the S&P 500 deepens, with the SPX rallying and Bitcoin struggling, showing divergent market behavior.

Institutional Inflows to Bitcoin ETFs Show Promising Indicator, Says Coinbase Report: Despite the recent downturn in Bitcoin’s price, Coinbase’s latest report highlights increasing institutional inflows into U.S. spot Bitcoin ETFs, suggesting growing interest from professional investors.

Here's how hedge funds played spot Bitcoin ETFs in Q2: Hedge funds actively traded spot Bitcoin ETFs in Q2 2024, with institutional investment managers reporting $4.7 billion worth of holdings in these ETFs.

-Regulatory and Strategic Developments

Trump's transition team signals strong pro-Bitcoin direction, contrasting Harris' regulatory approach: Trump's transition team is signaling a strong pro-Bitcoin stance, which contrasts sharply with Kamala Harris' more regulatory-focused approach to digital assets.

NYSE, Nasdaq withdraw 3 more requests for crypto ETF options rule changes: The withdrawal of three more rule change requests by NYSE and Nasdaq regarding crypto ETF options highlights the ongoing regulatory challenges in the sector.

-Market Conditions and Miner Insights

Bitcoin Mining Profitability Fell to All Time Lows in August, JPMorgan Analyst Says: Bitcoin mining profitability hit all-time lows in August, with U.S.-listed miners increasing their network hashrate share to 26%, the highest on record.

Bitcoin Whales Buying The Dip?: An analysis of whale activity raises questions about whether major Bitcoin holders are accumulating during the dip or if the market is in a redistribution phase.

-Specific Asset and Ecosystem Updates

ETH Gas Fees Hit 5-Year Low: Ethereum gas fees have hit their lowest levels in five years, potentially signaling a future increase in on-chain activity.

MakerDAO stops new WBTC-backed loans following its BitGo concerns: MakerDAO has halted new borrowing against BitGo’s wrapped Bitcoin (WBTC) due to concerns, setting the WBTC debt ceiling to zero DAI, effectively blocking new loans using WBTC as collateral.

#MarketReview
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πŸ” GoMarket Weekly #23 is here! πŸ“Š

Don’t miss Mike Ermolaev’s latest insights in this week’s edition where he unpacks the revitalized spirit of Bitcoin's long-term hodlers, the interest of institutional heavyweights, and the stir caused by stablecoins, among other things.

πŸ’ͺπŸ’°Renewed Confidence Among Long-Term Bitcoin Investors
Bitcoin's price has been fluctuating between $56,765 and $61,356 over the past week, but long-term holders are back in action, accumulating more coins after a sharp downturn. This renewed confidence suggests a bullish sentiment despite ongoing market volatility.

πŸ¦πŸ”—Institutional Giants Double Down on Bitcoin
Big names in the crypto space are making bold movesβ€”Michael Saylor’s $1 billion Bitcoin holding is making waves, and Metaplanet’s recent purchase adds to the growing institutional faith in Bitcoin’s future.

πŸ“ˆπŸ’ΈPotential Bitcoin Surge with Treasury Liquidity
Arthur Hayes of BitMEX sees a path to $100K for Bitcoin by year-end, fueled by the U.S. Treasury’s significant T-bill issuance. This potential liquidity boost could drive Bitcoin to unprecedented heights.

πŸ“ŠπŸ”ETF Activity Reflects Investor Sentiment
Bitcoin and Ethereum ETFs are seeing strong inflows, particularly from major players like Blackrock and Fidelity. While there are some outflows, the overall trend suggests a steady confidence in these key assets, with Ethereum also showing resilience amid market fluctuations.

βš–οΈπŸ’±Stablecoin Dynamics and Regulatory Hurdles
With $2.8 billion in new stablecoin issuance, analysts are eyeing this as a potential driver for Bitcoin’s next rally. However, this influx comes at a time of increasing regulatory scrutiny, especially in the EU, where new rules could impact the stability of the stablecoin market.

πŸŒπŸ—οΈBlockchain in Lagos, Bitcoin in Norway
Lagos, Nigeria, is making strides with a blockchain initiative to tokenize real estate, aiming to enhance transparency and boost revenues. At the same time, Norway’s Sovereign Wealth Fund has significantly ramped up its Bitcoin holdings, further integrating digital assets into traditional investment strategies.

πŸ“Š Stay Informed, Stay Ahead πŸ“Š

Get the inside track on this story πŸ‘‰ right here, and mark your calendar for even more insight dropping next week!

#GoMining #MarketReview #GoMarket
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πŸ“œCrypto World Highlights for August 18th

-Institutional and Sovereign Fund Moves

Institutional adoption of Bitcoin ETFs surges 27% in Q2: The rise in institutional adoption of Bitcoin ETFs could drive Bitcoin prices to new all-time highs, according to analysts.

BlackRock's ETFs surpass Grayscale's in assets, crowning new crypto fund king: Arkham: BlackRock has become the largest asset manager in the crypto space, surpassing Grayscale with over $21.2 billion in digital assets under management.

World’s largest sovereign wealth fund Bitcoin exposure not β€˜intentional’: Norway’s sovereign wealth fund’s Bitcoin exposure appears unintentional, primarily through investments in Bitcoin-related companies like MicroStrategy.

South Korea’s Pension Fund Buys $34M in MicroStrategy: South Korea’s National Pension Service invested $34 million in MicroStrategy, signaling growing institutional confidence in Bitcoin via indirect exposure through strategic holdings.

-Market Sentiment and Trends

75% of Bitcoin Hasn't Moved in 6+ Months, Signaling Strong HODLing Trend: A significant 75% of Bitcoin's circulating supply hasn’t moved in over six months, indicating a strong commitment to HODLing among investors.

Largest Ethereum ETF outflow since August 2: While Bitcoin ETFs saw a net inflow of $11.1 million, Ethereum ETFs experienced significant outflows, totaling $39.2 million, marking the largest since early August.

Bitcoin's negative correlation with SPX deepens amid current market trends: As Bitcoin continues to struggle, its negative correlation with the S&P 500 deepens, further highlighting divergent market behavior.

-Regulatory and Strategic Developments

Mastercard Is Betting on Cryptoβ€”But Not Stablecoins: Mastercard is betting on the future of on-chain commerce but remains cautious about stablecoins, focusing instead on broader crypto integration within traditional banking systems.

Dubai Court Rules in Favor of Salaries Payment in Crypto: A Dubai court has legally recognized cryptocurrency as a valid form of salary payment, setting a precedent for crypto adoption in employment practices.

-Industry and Legal Updates

Donald Trump has earned more than $7 million from NFTs, holds up to $5 million in crypto: Donald Trump disclosed that he holds up to $5 million in crypto and has earned over $7 million from NFT sales, highlighting his significant financial involvement in the crypto space.

The Daily: 'Promising' spot bitcoin ETF inflows, Worldcoin launches operations in Malaysia and more: Spot Bitcoin ETF inflows continue to show promise, and Worldcoin has launched operations in Malaysia, allowing users to digitally verify their identities with the project’s orbs.

#MarketReview
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