GoMining Weekly Token Burn and Mint Report

馃敟 Tokens Go Poof

By GoMining
Jan 23, 2025, 5:38 PM
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Latest Token Activity:

  • 1.​4M GOMINING tokens permanently burned
  • 1.​1M new tokens minted
  • 235,532 tokens (~$117k) distributed to veGOMINING voters

Previous Cycle Highlights:

  • Service Provider received 794,236 tokens
  • veGOMINING voters earned 244,380 tokens
  • GoMining Rewards got 122,190 tokens
  • Team allocation: 61,095 tokens

Community Benefits:

  • Extra Solo mining discount: 0.​93%
  • Miner Wars Personal Rewards: 60,765
  • Greedy Machines power boost: 0.​1%

Want to participate? Lock your GOMINING tokens in veGOMINING to earn weekly rewards.​

Sources
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GoMining Token Lists on KuCoin with Reward Campaign

GoMining Token Lists on KuCoin with Reward Campaign

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ETFs vs Alternative BTC Exposure Methods: Institutional Perspective

GoMining Institute's Managing Director Fakhul Miah provides insights on institutional-grade Bitcoin exposure alternatives beyond ETFs. This follows MicroStrategy's recent observations about ETFs attracting institutional capital. Key points: - Traditional ETFs now face competition from alternative exposure methods - Institutional investors seeking diverse Bitcoin investment vehicles - Market showing signs of maturation with multiple access points The timing is significant as it comes amid growing institutional adoption and the recent success of spot Bitcoin ETFs. This development suggests a broadening of the institutional crypto investment landscape.

The Origin Story of Bitcoin Maximalism

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GoMining Community Burns 122K Tokens in Recent Cycles

The GoMining community has executed another significant token burn, permanently removing 122K $GOMINING tokens from circulation over the last two cycles. This follows a previous burn of 1.69M tokens against 1.42M minted tokens in earlier cycles. Key points: - Ongoing active burn mechanism continues - Total supply consistently decreasing - Community governance drives burn rate decisions The project maintains its deflationary tokenomics through systematic burns, with community members able to participate in voting for future burn rates.

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