Launch your creativity with the #GoMining Meme Contest!π
Flaunt your best meme skills and win exciting prizes! π¨
π₯ 1st Place: 500 GOMINING Tokens
π₯ 2nd Place: 300 GOMINING Tokens
π₯ 3rd Place: 200 GOMINING Tokens
π 4th-6th Place: 1TH NFT each
How to Enter:
π Like & RT this tweet
π Create an original meme that captures the spirit of GoMining (it should be viral and fun)
π Post your meme (image, GIF, or video under 15 seconds) on X or Instagram
π Include the hashtag #GoMining #GoMiningMeme in your comment
π Submit your User ID and link to your post π
Note: you should use this πlogo and style guideline.
Memes will be judged on virality and image qualityπ
π Unleash your creativity and you could be one of our lucky winners!
π Contest ends June 30, 12:00 PM UTC.
#GoMining #Meme #NFTs
Flaunt your best meme skills and win exciting prizes! π¨
π₯ 1st Place: 500 GOMINING Tokens
π₯ 2nd Place: 300 GOMINING Tokens
π₯ 3rd Place: 200 GOMINING Tokens
π 4th-6th Place: 1TH NFT each
How to Enter:
π Like & RT this tweet
π Create an original meme that captures the spirit of GoMining (it should be viral and fun)
π Post your meme (image, GIF, or video under 15 seconds) on X or Instagram
π Include the hashtag #GoMining #GoMiningMeme in your comment
π Submit your User ID and link to your post π
Note: you should use this πlogo and style guideline.
Memes will be judged on virality and image qualityπ
π Unleash your creativity and you could be one of our lucky winners!
π Contest ends June 30, 12:00 PM UTC.
#GoMining #Meme #NFTs
π GoMining Secondary Market Weekly Update!
πΈ This week, the trading volume soared to an impressive 2,193,712 $GOMINING tokens.
π Top Deals of the Week:
π GIFT 0290: Sold for $207/1 TH
π GIFT 0137: Achieved $177/1 TH
π GIFT 0319: Closed at $169/1 TH
π Upgrade Your NFT Journey:
Trade securely on our official marketplace, where each transaction is safeguarded. Purchased NFTs are promptly added to your GoMining account.
π Explore our marketplace here: π https://app.gmt.io/nft
π Need help with transactions? Visit our FAQ for information on payment methods and wallet management πhttps://help.nft.gomining.com/faq/buying-and-selling
Join the market today and elevate your crypto journey! π
#GoMining #NFT #CryptoTrading
πΈ This week, the trading volume soared to an impressive 2,193,712 $GOMINING tokens.
π Top Deals of the Week:
π GIFT 0290: Sold for $207/1 TH
π GIFT 0137: Achieved $177/1 TH
π GIFT 0319: Closed at $169/1 TH
π Upgrade Your NFT Journey:
Trade securely on our official marketplace, where each transaction is safeguarded. Purchased NFTs are promptly added to your GoMining account.
π Explore our marketplace here: π https://app.gmt.io/nft
π Need help with transactions? Visit our FAQ for information on payment methods and wallet management πhttps://help.nft.gomining.com/faq/buying-and-selling
Join the market today and elevate your crypto journey! π
#GoMining #NFT #CryptoTrading
Crypto World Highlights for June 15-16
-Market and Price Analysis
Bitcoin bounces at 1-month lows, with analysts watching support at $65,000 closely. If this fails, realized price levels could become critical.
Bitcoin price correction is seen as a buy-the-dip opportunity, with data suggesting a recovery is overdue.
Despite Bitcoin ETFs seeing a sharp $226.2M outflow amid news of Ethereum ETFs, BlackRockβs IBIT continues its 44-day inflow streak.
-Scaling Solutions
Top 5 scaling solutions for Bitcoin and Ethereum could significantly enhance efficiency, according to Justin Bons, by implementing new on-chain solutions.
-Corporate and Institutional Moves
Deutsche Telekom subsidiary T-Systems MMS will soon mine Bitcoin, adding to its existing node operations for several networks.
Trezor launches a new touchscreen hardware wallet with custom expert setup, providing personalized support for managing crypto assets.
-ETFs and Investment Products
Spot Ethereum ETFs may begin trading by July 2, according to Bloomberg analyst Eric Balchunas.
-Regulatory and Legal Developments
Gemini and the New York Attorney General (NYAG) reached a $50M settlement, resulting in Gemini being banned from operating crypto lending programs in New York.
Former Binance CEO 'CZ' reportedly owns 64% of BNB's circulating supply, with Forbes estimating his net worth at $61 billion.
A leaked report reveals the Biden administration will attend a Bitcoin roundtable with key congressional officials to discuss keeping Bitcoin and blockchain innovation in the U.S.
Nigeria drops tax evasion charges against Binance executives, signaling a potential easing of regulatory tensions.
-Blockchain and AI Integration
The convergence of AI and blockchain is creating new opportunities for projects like Fetch.ai and SingularityNET, opening a new dimension of innovation.
#GoMining #MarketNews
-Market and Price Analysis
Bitcoin bounces at 1-month lows, with analysts watching support at $65,000 closely. If this fails, realized price levels could become critical.
Bitcoin price correction is seen as a buy-the-dip opportunity, with data suggesting a recovery is overdue.
Despite Bitcoin ETFs seeing a sharp $226.2M outflow amid news of Ethereum ETFs, BlackRockβs IBIT continues its 44-day inflow streak.
-Scaling Solutions
Top 5 scaling solutions for Bitcoin and Ethereum could significantly enhance efficiency, according to Justin Bons, by implementing new on-chain solutions.
-Corporate and Institutional Moves
Deutsche Telekom subsidiary T-Systems MMS will soon mine Bitcoin, adding to its existing node operations for several networks.
Trezor launches a new touchscreen hardware wallet with custom expert setup, providing personalized support for managing crypto assets.
-ETFs and Investment Products
Spot Ethereum ETFs may begin trading by July 2, according to Bloomberg analyst Eric Balchunas.
-Regulatory and Legal Developments
Gemini and the New York Attorney General (NYAG) reached a $50M settlement, resulting in Gemini being banned from operating crypto lending programs in New York.
Former Binance CEO 'CZ' reportedly owns 64% of BNB's circulating supply, with Forbes estimating his net worth at $61 billion.
A leaked report reveals the Biden administration will attend a Bitcoin roundtable with key congressional officials to discuss keeping Bitcoin and blockchain innovation in the U.S.
Nigeria drops tax evasion charges against Binance executives, signaling a potential easing of regulatory tensions.
-Blockchain and AI Integration
The convergence of AI and blockchain is creating new opportunities for projects like Fetch.ai and SingularityNET, opening a new dimension of innovation.
#GoMining #MarketNews
Best analysis and insights (June 10-16)
πBitcoin's corporate takeover: Why non-crypto companies are buying BTC dives deep into the effects corporate Bitcoin purchases have on the market.
πBitcoin ETFs, Bankruptcy Paybacks Have Given Crypto Lending a Second Wind, with firms like Ledn surviving the crypto winter by being conservative and safe.
πCashu: A Vision For A Bitcoin Powered Ecash Ecosystem discusses the long-term vision for an ecosystem of Cashu-powered ecash mints, balancing user needs with security and functionality.
πThe Emerging Bitcoin Modular Ecosystem highlights how Bitcoin's modular development is playing out differently than on other networks.
πFIT21 isn't the crypto win you think it is suggests that the most powerful players in crypto aim to become the next Big Tech.
πCBDCs' threat to freedom put under the microscope at Oslo conference addresses the threat that central bank digital currencies (CBDCs) pose to global freedom.
πWhy Zoomers Should Embrace Bitcoin: An Open Letter to Gen Z makes a case for Generation Z to adopt Bitcoin.
Crypto World Highlights for June 17th
-Market Analysis and Price Movements
3 Reasons Why Bitcoin (BTC) May Retest $70,000 This Week.
Bitcoin's volatility is gone - Ecoinometrics: Analysis highlights the current absence of Bitcoin's volatility, lack of aggressive rate cuts, and the new inflationary normal impacting the market.
ETH, TON, UNI, and XMR could rally if Bitcoin clears $68,000: Bitcoin needs to surpass $68,000 to support rallies in Ethereum (ETH), Toncoin (TON), Uniswap (UNI), and Monero (XMR).
Will Bitcoin's price bear the brunt of Mt. Gox's repayment plan?: Concerns have arisen that Mt. Gox's repayment plan could impact the Bitcoin market.
Bitcoin to $350,000? Six experts on what will unleash its stalling price.
-Government and Regulatory Developments
Former House Speaker Paul Ryan calls on the U.S. to fight China with stablecoins: Paul Ryan urges U.S. lawmakers to promote dollar-backed stablecoins to make U.S. debt more attractive and counter China.
-Technological Developments and Innovations
Curve CEO clears up UwU Lend hack, CRV burn misinformation: Curve CEO addresses misinformation about the UwU Lend hack and CRV token burn, discussing preventative measures and bad debt repayment.
-Environmental Impact and Sustainability
Bitcoin uses more renewable energy, but will Tesla accept it again?: Despite Tesla's previous concerns, increased renewable energy use on the Bitcoin network could lead to the reinstatement of Bitcoin payments by Tesla.
#GoMining #MarketNews
πBitcoin's corporate takeover: Why non-crypto companies are buying BTC dives deep into the effects corporate Bitcoin purchases have on the market.
πBitcoin ETFs, Bankruptcy Paybacks Have Given Crypto Lending a Second Wind, with firms like Ledn surviving the crypto winter by being conservative and safe.
πCashu: A Vision For A Bitcoin Powered Ecash Ecosystem discusses the long-term vision for an ecosystem of Cashu-powered ecash mints, balancing user needs with security and functionality.
πThe Emerging Bitcoin Modular Ecosystem highlights how Bitcoin's modular development is playing out differently than on other networks.
πFIT21 isn't the crypto win you think it is suggests that the most powerful players in crypto aim to become the next Big Tech.
πCBDCs' threat to freedom put under the microscope at Oslo conference addresses the threat that central bank digital currencies (CBDCs) pose to global freedom.
πWhy Zoomers Should Embrace Bitcoin: An Open Letter to Gen Z makes a case for Generation Z to adopt Bitcoin.
Crypto World Highlights for June 17th
-Market Analysis and Price Movements
3 Reasons Why Bitcoin (BTC) May Retest $70,000 This Week.
Bitcoin's volatility is gone - Ecoinometrics: Analysis highlights the current absence of Bitcoin's volatility, lack of aggressive rate cuts, and the new inflationary normal impacting the market.
ETH, TON, UNI, and XMR could rally if Bitcoin clears $68,000: Bitcoin needs to surpass $68,000 to support rallies in Ethereum (ETH), Toncoin (TON), Uniswap (UNI), and Monero (XMR).
Will Bitcoin's price bear the brunt of Mt. Gox's repayment plan?: Concerns have arisen that Mt. Gox's repayment plan could impact the Bitcoin market.
Bitcoin to $350,000? Six experts on what will unleash its stalling price.
-Government and Regulatory Developments
Former House Speaker Paul Ryan calls on the U.S. to fight China with stablecoins: Paul Ryan urges U.S. lawmakers to promote dollar-backed stablecoins to make U.S. debt more attractive and counter China.
-Technological Developments and Innovations
Curve CEO clears up UwU Lend hack, CRV burn misinformation: Curve CEO addresses misinformation about the UwU Lend hack and CRV token burn, discussing preventative measures and bad debt repayment.
-Environmental Impact and Sustainability
Bitcoin uses more renewable energy, but will Tesla accept it again?: Despite Tesla's previous concerns, increased renewable energy use on the Bitcoin network could lead to the reinstatement of Bitcoin payments by Tesla.
#GoMining #MarketNews
π£ We'd like to remind you about this amazing opportunity to vote on features and enhance our platform together!
Dear GoMining users, we're continuously striving to make our platform more user-friendly for you! Many of our top features have been inspired by your ideas and votes. Your contributions help us constantly improve and grow.
Here's a reminder of how you can contribute:
π Share your ideas and suggestions on our Discord - Feature Requests channel.
π³ Vote for your favorite ideas concerning veGOMINING.
π The author behind a proposal that's approved will receive an access key for the GoMiners collection.
π Every two weeks a new vote is held for your ideas.
Perhaps your idea will become the next great feature on our platform! Here are a few examples of what we're currently implementing thanks to you:
β Automatic withdrawal of weekly rewards to a user's virtual wallet for locking GOMINING.
β Introducing additional restrictions to protect the Secondary Market from unscrupulous buyers.
β Introducing an export data function regarding rewards for tax return purposes.
β Promoting partnerships and allowing users to provide liquidity pools to earn commissions.
π‘ Submit your ideas, vote for them, get rewards, and be part of making GoMining even better!
#GoMining #CommunityVoting #Bitcoin
Dear GoMining users, we're continuously striving to make our platform more user-friendly for you! Many of our top features have been inspired by your ideas and votes. Your contributions help us constantly improve and grow.
Here's a reminder of how you can contribute:
π Share your ideas and suggestions on our Discord - Feature Requests channel.
π³ Vote for your favorite ideas concerning veGOMINING.
π The author behind a proposal that's approved will receive an access key for the GoMiners collection.
π Every two weeks a new vote is held for your ideas.
Perhaps your idea will become the next great feature on our platform! Here are a few examples of what we're currently implementing thanks to you:
β Automatic withdrawal of weekly rewards to a user's virtual wallet for locking GOMINING.
β Introducing additional restrictions to protect the Secondary Market from unscrupulous buyers.
β Introducing an export data function regarding rewards for tax return purposes.
β Promoting partnerships and allowing users to provide liquidity pools to earn commissions.
π‘ Submit your ideas, vote for them, get rewards, and be part of making GoMining even better!
#GoMining #CommunityVoting #Bitcoin
Crypto World Highlights for June 18th
-Market Dynamics and Price Movements
Bitcoin Bounces to $67K with BTC Miners Rallying 5%-10%; XRP Leads Altcoins. Bitcoin's volatility is near historically low levels, with BTC miners rallying and XRP leading altcoins.
Bitcoin price reflects basis trade dynamics, not suppression. Analyzing why Bitcoin's price isn't rising despite massive ETF inflows, focusing on basis trade dynamics.
Bitcoin price βclustersβ hint at more downside: Is BTC about to lose $64K support? Bitcoin could potentially fall below $64,000 before entering the βparabolic phaseβ of the current bull cycle.
Bitcoin Investment Products Saw Over $600M in Outflows Last Week: CoinShares. Bitcoin investment products experienced net outflows of $600 million, driven by BTC's losses.
Miners continue to offload Bitcoin amid 33-day capitulation. Bitcoin miners have been offloading their holdings, with reserves down 30,000 BTC since October 2023.
-Corporate and Institutional Moves
US-listed Bitcoin miners hit record $22.8 billion market cap amid stock surge. The growth is attributed to an increase in network hashrate share and diversification into AI data center ventures.
VanEck to Launch First Bitcoin ETF on Australian Securities Exchange. After three years of effort, VanEck is bringing Bitcoin ETFs to Australia's largest trading exchange.
Tether launches over-collateralized synthetic dollar aUSDT backed by physical gold. Tether's new Alloy platform blends dollar stability with gold-backed security through Ethereum smart contracts.
ZKsync Airdrop of 'ZK' Token Puts Initial Market Cap Near $800M. The layer-2 blockchain ZKsync has begun its airdrop of the ZK token, with 45% of tokens already claimed.
-Security and Regulatory Developments
SEC's Top Crypto Enforcer Quits. David Hirsch, head of the SECβs Crypto Asset and Cyber Unit, steps down.
Ledger points to zero-day phone exploits as evolving risk for crypto security. Charles Guillemet discusses evolving crypto threats and Ledger's proactive security solutions.
-Historical and Anecdotal Insights
How This Bitcoin Developer Lost 25,000 BTC. An early Bitcoin miner lost 25,000 BTC in 2011 due to poor security, emphasizing the importance of securing private keys offline.
#GoMining #MarketNews
-Market Dynamics and Price Movements
Bitcoin Bounces to $67K with BTC Miners Rallying 5%-10%; XRP Leads Altcoins. Bitcoin's volatility is near historically low levels, with BTC miners rallying and XRP leading altcoins.
Bitcoin price reflects basis trade dynamics, not suppression. Analyzing why Bitcoin's price isn't rising despite massive ETF inflows, focusing on basis trade dynamics.
Bitcoin price βclustersβ hint at more downside: Is BTC about to lose $64K support? Bitcoin could potentially fall below $64,000 before entering the βparabolic phaseβ of the current bull cycle.
Bitcoin Investment Products Saw Over $600M in Outflows Last Week: CoinShares. Bitcoin investment products experienced net outflows of $600 million, driven by BTC's losses.
Miners continue to offload Bitcoin amid 33-day capitulation. Bitcoin miners have been offloading their holdings, with reserves down 30,000 BTC since October 2023.
-Corporate and Institutional Moves
US-listed Bitcoin miners hit record $22.8 billion market cap amid stock surge. The growth is attributed to an increase in network hashrate share and diversification into AI data center ventures.
VanEck to Launch First Bitcoin ETF on Australian Securities Exchange. After three years of effort, VanEck is bringing Bitcoin ETFs to Australia's largest trading exchange.
Tether launches over-collateralized synthetic dollar aUSDT backed by physical gold. Tether's new Alloy platform blends dollar stability with gold-backed security through Ethereum smart contracts.
ZKsync Airdrop of 'ZK' Token Puts Initial Market Cap Near $800M. The layer-2 blockchain ZKsync has begun its airdrop of the ZK token, with 45% of tokens already claimed.
-Security and Regulatory Developments
SEC's Top Crypto Enforcer Quits. David Hirsch, head of the SECβs Crypto Asset and Cyber Unit, steps down.
Ledger points to zero-day phone exploits as evolving risk for crypto security. Charles Guillemet discusses evolving crypto threats and Ledger's proactive security solutions.
-Historical and Anecdotal Insights
How This Bitcoin Developer Lost 25,000 BTC. An early Bitcoin miner lost 25,000 BTC in 2011 due to poor security, emphasizing the importance of securing private keys offline.
#GoMining #MarketNews
π A huge congratulations to ACE2000 π³π±, the latest winner in our weekly raffle!
π 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.
π Want to boost your mining efficiency? Hereβs how you can join the raffle:
1) Havenβt got an NFT yet? Nowβs the perfect time to get started;
2) Upgrade your digital miner with a minimum of $10 to enhance power and efficiency.
π‘ Every $10 invested in upgrades not only fine-tunes your mining capabilities but also increases your chances of winning. This week's winner, ACE2000 π³π±, had a winning probability of just 0.061%, showing that anyone can win.
π Mark your calendars: The next draw will conclude on June 25th. Keep enhancing your setup to boost your chances.
π Best of luck to everyone in the next draw!
#GoMining #NFT #WeeklyRaffle
π 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.
π Want to boost your mining efficiency? Hereβs how you can join the raffle:
1) Havenβt got an NFT yet? Nowβs the perfect time to get started;
2) Upgrade your digital miner with a minimum of $10 to enhance power and efficiency.
π‘ Every $10 invested in upgrades not only fine-tunes your mining capabilities but also increases your chances of winning. This week's winner, ACE2000 π³π±, had a winning probability of just 0.061%, showing that anyone can win.
π Mark your calendars: The next draw will conclude on June 25th. Keep enhancing your setup to boost your chances.
π Best of luck to everyone in the next draw!
#GoMining #NFT #WeeklyRaffle
π Wrapping up the 43rd Burn & Mint Cycle!
π₯ 2,442,332 GOMINING tokens were burned;
π¨ 2,027,135 GOMINING tokens have since been minted.
They were allocated as follows:
β‘οΈ 1,317,638 to the Service Provider;
π 405,427 to the owners of veGOMINING votes;
πͺ 202,714 to GoMining Rewards;
π₯ 101,357 to the GoMining team.
The voting results for the 44th cycle are:
π Extra Solo mining discount is 2.49%;
π Pool mining multiplier is 1.01Ρ ;
π The Greedy Machines power has increased by 0.17% for each NFT sold from this collection.
π Claim Your Weekly Gains!
Make sure your GOMINING tokens are securely locked on the veGOMINING - My Lock page to start receiving consistent rewards.
π€ Boost Your Savings:
Utilize your GOMINING tokens for NFT maintenance to benefit from a 10% reduction in electricity costs and amplify your weekly rewards!
Learn how to make the most of these benefits here π https://help.nft.gomining.com/instructions/how-to-get-a-maintenance-discount
#GoMining #NFT #BurnMint
π₯ 2,442,332 GOMINING tokens were burned;
π¨ 2,027,135 GOMINING tokens have since been minted.
They were allocated as follows:
β‘οΈ 1,317,638 to the Service Provider;
π 405,427 to the owners of veGOMINING votes;
πͺ 202,714 to GoMining Rewards;
π₯ 101,357 to the GoMining team.
The voting results for the 44th cycle are:
π Extra Solo mining discount is 2.49%;
π Pool mining multiplier is 1.01Ρ ;
π The Greedy Machines power has increased by 0.17% for each NFT sold from this collection.
π Claim Your Weekly Gains!
Make sure your GOMINING tokens are securely locked on the veGOMINING - My Lock page to start receiving consistent rewards.
π€ Boost Your Savings:
Utilize your GOMINING tokens for NFT maintenance to benefit from a 10% reduction in electricity costs and amplify your weekly rewards!
Learn how to make the most of these benefits here π https://help.nft.gomining.com/instructions/how-to-get-a-maintenance-discount
#GoMining #NFT #BurnMint
Crypto World Highlights for June 19th
-Bitcoin Market Dynamics and Trader Sentiment
Why are top Bitcoin traders bullish despite BTC price dip to $64.3K? Bitcoin whales and miners remain cautiously optimistic, strengthening the bullish case for $64,300 support.
Bitcoinβs volatility hits new lows during prolonged market consolidation. Bitcoin's realized volatility has dropped to 30% from its March high, highlighting market stability.
Bitcoin falls below key support level, potentially triggering 8%-12% correction: CryptoQuant. Bitcoin has fallen through a key price support that could signal an 8%-12% correction, potentially leading the price to decline towards $60,000.
Bitcoin hits one-month low as altcoin sell-off triggers $455 million crypto liquidation. Altcoin crashes and significant ETF outflows have driven Bitcoin's price down.
-Corporate Moves and Institutional Interest
CleanSpark buys bitcoin mining facilities in $25.6 million deal. CleanSpark has purchased five turnkey bitcoin mining facilities, with a combined operating hashrate anticipated to exceed 3.7 EH/s.
Hashdex proposes new ETF that would own both spot Ethereum and Bitcoin. Nasdaq posted the proposal via Form 19b-4 for the Hashdex Nasdaq Crypto Index US ETF, which would own both spot bitcoin and ether.
Bitcoin and Ether can βgreatly improveβ portfolio performance: BBVA. Bitcoinβs price has outperformed the S&P 500 by more than threefold in 2024.
-Regulatory Developments and Compliance Issues
President Biden's move to nominate two CFTC commissioners to other roles could shake up crypto policy at regulator: TD Cowen. President Joe Bidenβs nominations could impact the regulatory landscape for crypto.
Two former Chinese bank executives allegedly laundered $248 million through crypto: report. A local Chinese bank uncovered an alleged embezzlement and money laundering scheme involving its two former executives.
-Technology and Security Updates
MetaMask privacy updates: What users should know. MetaMaskβs new privacy features and updates allow users to configure their wallets according to their privacy preferences.
Bitcoin Hashrate May Finally Slow as Miners Face Scorching Summer Heatwaves. Hashrate for the Bitcoin network typically flattens or declines during North American summer time, industry experts say.
#GoMining #MarketNews
-Bitcoin Market Dynamics and Trader Sentiment
Why are top Bitcoin traders bullish despite BTC price dip to $64.3K? Bitcoin whales and miners remain cautiously optimistic, strengthening the bullish case for $64,300 support.
Bitcoinβs volatility hits new lows during prolonged market consolidation. Bitcoin's realized volatility has dropped to 30% from its March high, highlighting market stability.
Bitcoin falls below key support level, potentially triggering 8%-12% correction: CryptoQuant. Bitcoin has fallen through a key price support that could signal an 8%-12% correction, potentially leading the price to decline towards $60,000.
Bitcoin hits one-month low as altcoin sell-off triggers $455 million crypto liquidation. Altcoin crashes and significant ETF outflows have driven Bitcoin's price down.
-Corporate Moves and Institutional Interest
CleanSpark buys bitcoin mining facilities in $25.6 million deal. CleanSpark has purchased five turnkey bitcoin mining facilities, with a combined operating hashrate anticipated to exceed 3.7 EH/s.
Hashdex proposes new ETF that would own both spot Ethereum and Bitcoin. Nasdaq posted the proposal via Form 19b-4 for the Hashdex Nasdaq Crypto Index US ETF, which would own both spot bitcoin and ether.
Bitcoin and Ether can βgreatly improveβ portfolio performance: BBVA. Bitcoinβs price has outperformed the S&P 500 by more than threefold in 2024.
-Regulatory Developments and Compliance Issues
President Biden's move to nominate two CFTC commissioners to other roles could shake up crypto policy at regulator: TD Cowen. President Joe Bidenβs nominations could impact the regulatory landscape for crypto.
Two former Chinese bank executives allegedly laundered $248 million through crypto: report. A local Chinese bank uncovered an alleged embezzlement and money laundering scheme involving its two former executives.
-Technology and Security Updates
MetaMask privacy updates: What users should know. MetaMaskβs new privacy features and updates allow users to configure their wallets according to their privacy preferences.
Bitcoin Hashrate May Finally Slow as Miners Face Scorching Summer Heatwaves. Hashrate for the Bitcoin network typically flattens or declines during North American summer time, industry experts say.
#GoMining #MarketNews
π #MiningTrends: U.S.-Listed Bitcoin Miners Reach New Heights
The total market capitalization of 14 U.S.-listed Bitcoin mining companies has reached a record high of $22.8 billion as of June 15, according to a recent report by JPMorgan.
π This remarkable growth underscores the strength and resilience of U.S. Bitcoin miners, who have outperformed Bitcoin itself in the first half of June. With increases up to 117% in market value for top-performing companies, this trend highlights investor confidence in the sector.
β‘ Additionally, U.S.-listed miners have boosted their share of the global network hashrate for the second consecutive month. This increase in hashrate share, now at approximately 23.8%, reflects the growing dominance and efficiency of American mining operations.
π± As the industry continues to evolve, these achievements demonstrate the potential for sustainable and profitable mining practices. The decline in network hashrate and mining difficulty since the April halving further indicates a more competitive and optimized mining environment.
π For those interested in beginning their own mining journey, GoMining offers NFTs that allow you to mine Bitcoin effectively and sustainably. Discover more and start your mining journey at π gmt.io.
#GoMining #CryptoNews #BitcoinMining #SustainableMining #Blockchain
The total market capitalization of 14 U.S.-listed Bitcoin mining companies has reached a record high of $22.8 billion as of June 15, according to a recent report by JPMorgan.
π This remarkable growth underscores the strength and resilience of U.S. Bitcoin miners, who have outperformed Bitcoin itself in the first half of June. With increases up to 117% in market value for top-performing companies, this trend highlights investor confidence in the sector.
β‘ Additionally, U.S.-listed miners have boosted their share of the global network hashrate for the second consecutive month. This increase in hashrate share, now at approximately 23.8%, reflects the growing dominance and efficiency of American mining operations.
π± As the industry continues to evolve, these achievements demonstrate the potential for sustainable and profitable mining practices. The decline in network hashrate and mining difficulty since the April halving further indicates a more competitive and optimized mining environment.
π For those interested in beginning their own mining journey, GoMining offers NFTs that allow you to mine Bitcoin effectively and sustainably. Discover more and start your mining journey at π gmt.io.
#GoMining #CryptoNews #BitcoinMining #SustainableMining #Blockchain
π Reminder: Join our exciting #GoMining Meme Contest!
Showcase your memes and win amazing prizes! π¨
π₯ 1st Place: 500 GOMINING Tokens
π₯ 2nd Place: 300 GOMINING Tokens
π₯ 3rd Place: 200 GOMINING Tokens
ποΈ 4th-6th Place: 1TH NFT each
π Our contest is in full swing, but we know there are many undiscovered talents among you! Don't miss your chance to showcase your humor and creativity with the world. Join the GoMining Meme Contest and create a meme that will have everyone talking long after the competition ends!
How to Enter:
π Like and retweet this post to spread the word!
π Create an original meme that captures the essence of GoMining (it should be viral and fun). π
π Post your meme (image, GIF, or video under 15 seconds) on X or Instagram.
π Include the hashtags #GoMining and #GoMiningMeme in your comment.
π Submit your User ID and link to your post. π
Note: Use the π logo and follow the style guidelines.
Memes will be judged on virality and image quality. π
π Hurry up! The contest ends on June 30 at 12:00 PM UTC.
#GoMining #Meme #NFTs
Showcase your memes and win amazing prizes! π¨
π₯ 1st Place: 500 GOMINING Tokens
π₯ 2nd Place: 300 GOMINING Tokens
π₯ 3rd Place: 200 GOMINING Tokens
ποΈ 4th-6th Place: 1TH NFT each
π Our contest is in full swing, but we know there are many undiscovered talents among you! Don't miss your chance to showcase your humor and creativity with the world. Join the GoMining Meme Contest and create a meme that will have everyone talking long after the competition ends!
How to Enter:
π Like and retweet this post to spread the word!
π Create an original meme that captures the essence of GoMining (it should be viral and fun). π
π Post your meme (image, GIF, or video under 15 seconds) on X or Instagram.
π Include the hashtags #GoMining and #GoMiningMeme in your comment.
π Submit your User ID and link to your post. π
Note: Use the π logo and follow the style guidelines.
Memes will be judged on virality and image quality. π
π Hurry up! The contest ends on June 30 at 12:00 PM UTC.
#GoMining #Meme #NFTs
Crypto World Highlights for June 20th
-Bitcoin Market Dynamics and Trends
Bitcoin's dominance in the crypto market has surged past 50% again despite ongoing market volatility, with its market dominance fluctuating between 44% and 53% over the past year.
Bitcoin exchange reserves have reached a three-year low, indicating low selling pressure and a potential supply shock as institutional investors continue to accumulate Bitcoin.
Bitcoin whales have sold over $1 billion worth of BTC in the past two weeks, coinciding with net outflows from U.S.-listed bitcoin ETFs during the same period.
-Regulatory Developments and Financial Products
The German Federal Criminal Police Office (BKA) has moved $425 million worth of Bitcoin, some of which was transferred to crypto exchanges. The BKA had seized nearly 50,000 BTC from a piracy site.
The SEC has decided not to pursue legal action against Consensys regarding Ethereum's potential status as a security.
Stablecoin transfer volumes have surged 16 times in the past four years, indicating growing crypto adoption and industry maturation.
-Major Movements and Market Sentiments
Fetch.ai has led a significant rally in AI-related cryptocurrency tokens, surging over 25% as Nvidia becomes the world's most valuable company.
Bitcoin's realized volatility has dropped to 30% from its March high, highlighting increased market stability during prolonged consolidation.
-Technology and Innovation
The IMF suggests that CBDCs could enhance financial inclusion and payment efficiency in the Middle East, with 19 central banks in the region exploring CBDC issuance.
-Incidents and Legal Issues
Kraken experienced a bug-related exploit resulting in almost $3 million in losses. The incident is being treated as a criminal case, with Kraken coordinating with law enforcement.
An analyst has suggested that Martin Shkreli may be the creator of the Donald Trump memecoin, $DJT, which soared to a market cap of $400 million, on claims of backing by Trumpβs son, Barron.
#GoMining #MarketNews
-Bitcoin Market Dynamics and Trends
Bitcoin's dominance in the crypto market has surged past 50% again despite ongoing market volatility, with its market dominance fluctuating between 44% and 53% over the past year.
Bitcoin exchange reserves have reached a three-year low, indicating low selling pressure and a potential supply shock as institutional investors continue to accumulate Bitcoin.
Bitcoin whales have sold over $1 billion worth of BTC in the past two weeks, coinciding with net outflows from U.S.-listed bitcoin ETFs during the same period.
-Regulatory Developments and Financial Products
The German Federal Criminal Police Office (BKA) has moved $425 million worth of Bitcoin, some of which was transferred to crypto exchanges. The BKA had seized nearly 50,000 BTC from a piracy site.
The SEC has decided not to pursue legal action against Consensys regarding Ethereum's potential status as a security.
Stablecoin transfer volumes have surged 16 times in the past four years, indicating growing crypto adoption and industry maturation.
-Major Movements and Market Sentiments
Fetch.ai has led a significant rally in AI-related cryptocurrency tokens, surging over 25% as Nvidia becomes the world's most valuable company.
Bitcoin's realized volatility has dropped to 30% from its March high, highlighting increased market stability during prolonged consolidation.
-Technology and Innovation
The IMF suggests that CBDCs could enhance financial inclusion and payment efficiency in the Middle East, with 19 central banks in the region exploring CBDC issuance.
-Incidents and Legal Issues
Kraken experienced a bug-related exploit resulting in almost $3 million in losses. The incident is being treated as a criminal case, with Kraken coordinating with law enforcement.
An analyst has suggested that Martin Shkreli may be the creator of the Donald Trump memecoin, $DJT, which soared to a market cap of $400 million, on claims of backing by Trumpβs son, Barron.
#GoMining #MarketNews
Crypto World Highlights for June 21st
-Market Trends and Predictions
Recent liquidity pulls have resulted in a 2.8% slip in Bitcoin's price as it was nearing $66.5K, largely attributed to actions by Bitcoin whales, illustrating the impact of large holders on price volatility.
The short-term realized price of Bitcoin reached $64,097, representing the average acquisition cost of Bitcoin on-chain, which helps understand the collective cost basis of holders.
Bitcoin's price shows a strong correlation to Federal Reserve liquidity, hinting at a potential price rebound in about ten days.
-Innovative Uses of Technology
Marathon is using Bitcoin mining to provide heating for a town of 11,000 in Finland, showcasing a sustainable approach to utilizing byproducts of cryptocurrency mining.
-Corporate Strategy and Investments
MicroStrategy has acquired an additional 11.9K bitcoins for $786M, increasing its holdings to 226,331 bitcoins valued at nearly $15 billion.
MicroStrategy's significant adoption of Bitcoin as a treasury asset has seen its shares soar, with the stock price increasing over 900%, significantly outperforming the rise in Bitcoin's price.
-Economic and Regulatory Dynamics
Stablecoin issuers have emerged as the 18th largest holders of U.S. debt, highlighting the growing role of digital assets in traditional financial markets.
Martin Shkreli's involvement with Trumpcoin has raised questions regarding securities fraud, especially if misrepresentations about involvement were made, potentially leading to legal repercussions.
The U.S. Treasury Department has noted an increased use of cryptocurrencies by Mexican cartels to buy fentanyl ingredients.
-Industry Expansions and Innovations
BitFlyer plans to revamp FTX Japan into a digital asset custodial firm, targeting institutional investors.
LayerZero's introduction of a new claiming mechanism for its ZRO token involves a donation requirement, which is expected to generate up to $18.5 million for Protocol Guild.
-Security and Forensics
CertiK researchers have been linked to a $3 million attack against Kraken, with the incident being described as a case of extortion.
#GoMining #MarketNews
-Market Trends and Predictions
Recent liquidity pulls have resulted in a 2.8% slip in Bitcoin's price as it was nearing $66.5K, largely attributed to actions by Bitcoin whales, illustrating the impact of large holders on price volatility.
The short-term realized price of Bitcoin reached $64,097, representing the average acquisition cost of Bitcoin on-chain, which helps understand the collective cost basis of holders.
Bitcoin's price shows a strong correlation to Federal Reserve liquidity, hinting at a potential price rebound in about ten days.
-Innovative Uses of Technology
Marathon is using Bitcoin mining to provide heating for a town of 11,000 in Finland, showcasing a sustainable approach to utilizing byproducts of cryptocurrency mining.
-Corporate Strategy and Investments
MicroStrategy has acquired an additional 11.9K bitcoins for $786M, increasing its holdings to 226,331 bitcoins valued at nearly $15 billion.
MicroStrategy's significant adoption of Bitcoin as a treasury asset has seen its shares soar, with the stock price increasing over 900%, significantly outperforming the rise in Bitcoin's price.
-Economic and Regulatory Dynamics
Stablecoin issuers have emerged as the 18th largest holders of U.S. debt, highlighting the growing role of digital assets in traditional financial markets.
Martin Shkreli's involvement with Trumpcoin has raised questions regarding securities fraud, especially if misrepresentations about involvement were made, potentially leading to legal repercussions.
The U.S. Treasury Department has noted an increased use of cryptocurrencies by Mexican cartels to buy fentanyl ingredients.
-Industry Expansions and Innovations
BitFlyer plans to revamp FTX Japan into a digital asset custodial firm, targeting institutional investors.
LayerZero's introduction of a new claiming mechanism for its ZRO token involves a donation requirement, which is expected to generate up to $18.5 million for Protocol Guild.
-Security and Forensics
CertiK researchers have been linked to a $3 million attack against Kraken, with the incident being described as a case of extortion.
#GoMining #MarketNews
π¬Get ready for an exciting AMA session with GoMining CEO Mark Zalan!π
π When: Today, Friday, June 21st
π Time: 1:00 PM UTC
π To participate, click the Twitter Space link
Be an active participant, interact with the team, and ask questions. You have a chance to win a prize!
π We're giving away 5 prizes of $100 each!
Join the AMA session, be active, and don't miss the opportunity to learn more about GoMining and win a prize!
π We look forward to your participation and questions!
#GoMining #AMA
π When: Today, Friday, June 21st
π Time: 1:00 PM UTC
π To participate, click the Twitter Space link
Be an active participant, interact with the team, and ask questions. You have a chance to win a prize!
π We're giving away 5 prizes of $100 each!
Join the AMA session, be active, and don't miss the opportunity to learn more about GoMining and win a prize!
π We look forward to your participation and questions!
#GoMining #AMA
Forwarded from Bitcoin.com News
As Bitcoin enters a new cycle following the halving event in April 2024, the landscape of Bitcoin mining continues to evolve. Mining plays a crucial role in maintaining the sustainability of the Bitcoin ecosystem, yet the industry has transformed significantly over the years. Dominated by large-scale players, the barriers to entry for individual miners have [β¦]
https://news.bitcoin.com/bitcoin-mining-made-easy-how-gomining-leads-the-btc-adoption-through-redefining-the-industrys-accessibility/
https://news.bitcoin.com/bitcoin-mining-made-easy-how-gomining-leads-the-btc-adoption-through-redefining-the-industrys-accessibility/
Bitcoin News
Bitcoin Mining Made Easy: How GoMining Leads the BTC Adoption Through Redefining the Industry's Accessibility β Branded Spotlightβ¦
As Bitcoin enters a new cycle following the halving event in April 2024, the landscape of Bitcoin mining continues to evolve. Mining plays a crucial role
π GoMarket Weekly #15 π
Stay up-to-date with the latest edition of GoMarket Weekly! Our trusted crypto expert Mike Ermolaev breaks down the recent developments in the cryptocurrency world, beginning with Bitcoin's consolidation phase, and moving on to Ethereum's bold ambitions, regulatory developments, and mining trends.
π Bitcoinβs Consolidation and ETF Outflows π Bitcoin has been trading in the $64,258-$67,099 price range this week, undergoing a consolidation phase, driven by selling from miners, whales, and long-term holders. U.S. spot Bitcoin ETFs saw significant weekly net outflows of almost $600 million. Despite this, Bitcoin remains profitable for investors, maintaining an equilibrium in the market.
π Ethereumβs Resilience and ETF Anticipation π Ethereum has been fluctuating between $3,384 and $3,632, showing strength after the SEC dropped its investigation into Ethereum 2.0. Bloombergβs Eric Balchunas predicts ETH ETFs might launch on July 2nd, potentially pushing prices above $4,000 with sights on $4,800.
ποΈ Global Regulatory Updates ποΈ The EUβs new MiCA regulations for stablecoins take effect on June 30, imposing stricter standards. South Korea will implement its first virtual asset user protection law on July 19, affecting 29 exchanges. Meanwhile, VanEck launches a Bitcoin ETF on Australiaβs main stock exchange.
π‘ Bitcoin Miners Maintain Profitability π‘ US-listed Bitcoin miners have reached a market cap of $22.8 billion, driven by a rising hashrate and AI opportunities, despite a decline in miner reserves to their lowest in 14 years. Miner reserves in USD remain at high levels at around $117.8 billion.
π Donβt miss out on these crucial updates in the crypto worldβread the full analysis now! π
#GoMining #NFT #GoMarket #MarketReview
Stay up-to-date with the latest edition of GoMarket Weekly! Our trusted crypto expert Mike Ermolaev breaks down the recent developments in the cryptocurrency world, beginning with Bitcoin's consolidation phase, and moving on to Ethereum's bold ambitions, regulatory developments, and mining trends.
π Bitcoinβs Consolidation and ETF Outflows π Bitcoin has been trading in the $64,258-$67,099 price range this week, undergoing a consolidation phase, driven by selling from miners, whales, and long-term holders. U.S. spot Bitcoin ETFs saw significant weekly net outflows of almost $600 million. Despite this, Bitcoin remains profitable for investors, maintaining an equilibrium in the market.
π Ethereumβs Resilience and ETF Anticipation π Ethereum has been fluctuating between $3,384 and $3,632, showing strength after the SEC dropped its investigation into Ethereum 2.0. Bloombergβs Eric Balchunas predicts ETH ETFs might launch on July 2nd, potentially pushing prices above $4,000 with sights on $4,800.
ποΈ Global Regulatory Updates ποΈ The EUβs new MiCA regulations for stablecoins take effect on June 30, imposing stricter standards. South Korea will implement its first virtual asset user protection law on July 19, affecting 29 exchanges. Meanwhile, VanEck launches a Bitcoin ETF on Australiaβs main stock exchange.
π‘ Bitcoin Miners Maintain Profitability π‘ US-listed Bitcoin miners have reached a market cap of $22.8 billion, driven by a rising hashrate and AI opportunities, despite a decline in miner reserves to their lowest in 14 years. Miner reserves in USD remain at high levels at around $117.8 billion.
π Donβt miss out on these crucial updates in the crypto worldβread the full analysis now! π
#GoMining #NFT #GoMarket #MarketReview
π GoMining Academy: Debunking Bitcoin Myths
Today, weβre tackling some of the most common myths about Bitcoin. Let's dive in and set the record straight.
π Myth 1: Bitcoin is Harmful to the Environment
There's a misconception that Bitcoin mining is excessively harmful to the environment due to its energy consumption. While it is true that Bitcoin mining uses significant energy, it's important to compare it with traditional financial systems. Research shows that the energy consumption of data centers for the top 100 global banks is more than double that of the Bitcoin network. Moreover, the industry is increasingly turning to renewable energy sources.
π Myth 2: Bitcoin is Too Complicated for Regular Users
Bitcoin is often seen as a technology reserved for tech enthusiasts. However, the reality is that the user interfaces of Bitcoin wallets and exchanges have greatly improved. Today, many user-friendly products and guides are available, making Bitcoin accessible to people with various levels of technical expertise.
π Myth 3: Bitcoinβs Volatility Makes It Unusable as a Currency
Bitcoin's price volatility is frequently cited as a drawback. While Bitcoin has experienced significant price swings, its volatility is gradually decreasing as the market matures and institutional adoption increases. For those seeking stability, stablecoins pegged to traditional currencies offer a less volatile option while still leveraging blockchain technology.
We'll continue debunking more myths in future posts. Share in the comments which other Bitcoin myths you'd like us to address!
#GoMiningAcademy #Bitcoin
Today, weβre tackling some of the most common myths about Bitcoin. Let's dive in and set the record straight.
π Myth 1: Bitcoin is Harmful to the Environment
There's a misconception that Bitcoin mining is excessively harmful to the environment due to its energy consumption. While it is true that Bitcoin mining uses significant energy, it's important to compare it with traditional financial systems. Research shows that the energy consumption of data centers for the top 100 global banks is more than double that of the Bitcoin network. Moreover, the industry is increasingly turning to renewable energy sources.
π Myth 2: Bitcoin is Too Complicated for Regular Users
Bitcoin is often seen as a technology reserved for tech enthusiasts. However, the reality is that the user interfaces of Bitcoin wallets and exchanges have greatly improved. Today, many user-friendly products and guides are available, making Bitcoin accessible to people with various levels of technical expertise.
π Myth 3: Bitcoinβs Volatility Makes It Unusable as a Currency
Bitcoin's price volatility is frequently cited as a drawback. While Bitcoin has experienced significant price swings, its volatility is gradually decreasing as the market matures and institutional adoption increases. For those seeking stability, stablecoins pegged to traditional currencies offer a less volatile option while still leveraging blockchain technology.
We'll continue debunking more myths in future posts. Share in the comments which other Bitcoin myths you'd like us to address!
#GoMiningAcademy #Bitcoin