🔥The long-awaited article on Medium is waiting for you!
https://medium.com/@GoMining/the-future-of-bitcoin-mining-a9e1b278ff6e

👤 Is Bitcoin mining no longer for the average person?

🍕 Have the days where we can make some Bitcoin and buy a few pizzas with it been lost?

🏭 Will every future Bitcoin block just be a creation of mining farms scattered across nation-states with the cheapest energy costs?!

Look for answers in our new article on Medium.

Over $30,000 and more than $15,000 will be distributed to GOMINING vote holders and GoMining Rewards, respectively.

This was the result of the 4th Burn & Mint cycle.

Now let's get acquainted with the details:

🔥 2,128,147.36 GOMINING tokens were burned;
🔨 1,702,517.89 GOMINING tokens have been minted.

They were divided into the following categories:

⚡️ 1,106,636.63 to the Service Provider;
🔒 340,503.58 to the owners of veGOMINING votes;
🪙 170,251.79 to GoMining Rewards;
👥 85,125.89 to the GoMining team.

On a separate note we’d like to mention the significant growth of tokens locked up on the veGOMINING smart contract. Their number has already passed the 31 million mark and continues to increase.

The 5th cycle, which began today, will be the last in which the GoMining Rewards will be distributed equally between three categories, namely:

📌Extra Solo mining discount is 1.89%;
📌Pool mining multiplier is 1.1589;
📌The Greedy Machines power has increased by 1.0009997 (0.01%) for each NFT sold from this collection.

🗳Please note that starting today all veGOMINING vote holders have access to voting.
Look out for detailed instructions on how this works in the next post.

🗳The option you've been waiting for is now available!

Owners of veGOMINING votes can now choose where 10% of newly minted tokens (GoMining Rewards) will be sent.

If you have an active open position on a veGOMINING smart contract and you want to participate in the voting, just follow a number of simple steps:

📌 Connect a wallet in the Ethereum network on the website in the veGOMINING section;
📌 Go to the My votes section https://app.gmt.io/ve-my-votes;
📌 Under the main data, find the question put forward for voting;
📌 Select the option you like and click on the Vote button;
📌 Sign the transaction on your wallet (Metamask / Wallet connect).

The final distribution values will be fixed after the percentage of votes is calculated right at the start of the new cycle.

🟣Please note that, as with opening a position, collecting weekly rewards or upgrading, when voting, you will have to pay a network commission for broadcast transactions.

🟣It is important to understand:
Voting about distribution is a separate smart contract that has no expiration date. This way you don't have to re-vote every week. Your votes will remain in the selected position until you withdraw them.

🟣If you want to withdraw your vote or choose another option for distribution, you will need to use the revoke vote option, and then select the desired option again. In both stages, you need to sign the transaction and pay the Ethereum network commission.
Your veGOMINING balance is not affected in any way when you vote.

🟣Please also note that all of your votes will go into one option. It is impossible to vote for several options in one question, distributing your votes partially.

You will find out the results of the voting launched yesterday next Tuesday.