Press Release

GoMining Created a Token that Has Become an Alternative to Traditional and Cloud Mining

Singapore – Since mining has recently become popular, many difficulties associated with this process such as expensive hardware and power consumption have arisen. GoMining has developed an exclusive alternative  which will eliminate unnecessary problems.

GoMining has created a unique token, GMT, which is backed by the real computing power of their mining fleet of devices. Besides the fact that each token is an asset, it allows  mining Bitcoin on a daily basis. Moreover, unlike traditional mining, holders don’t need to spend money on equipment, and unlike cloud mining, GMT allows mining without a time limit. 

At the moment, the company receives 50% of electricity for the operation of data centers from renewable energy sources: hydroelectric power plants and wind turbines. In the future, the team plans to completely move towards sustainable energy consumption and minimize any ecological harm.

Almost every week the team introduces additional equipment and computing power. After this, 20%-90% of new tokens (supplied by fresh computing power) get “burned” and the released capacity is redistributed between other tokens.  As a result, the supply capacity of a GMT increases which results in income growth.

In the next few years, the company plans to increase GMT value (and income from mining) by several times. But GoMining’s big goal is to provide 20% of the world’s BTC mining, which is quite doable given the pace at which the company is growing.

Social Links

Reddit: https://www.reddit.com/user/GoMiningToken

Twitter: https://twitter.com/GMT_Token

Instagram: https://www.instagram.com/gmt_token/

Telegram: https://t.me/gmt_token_talk

Media Contact

Company: GoMining

Contact: Matthew Halford, PR representative

E-mail: pr@gomining.com

Website: https://token.gomining.com/

SOURCE: GoMining

Hillary Cyril

Creative content developer, a blogger and SEO writer.

Share
Published by
Hillary Cyril

Recent Posts

Automotive Ethernet Market Considerable Growth is Anticipated Beyond 2028

As per the report published by Fior Markets, the global automotive ethernet market is expected…

3 hours ago

A2P Messaging Market Estimated to Expand at a Robust CAGR of 3% by 2028

As per the report published by Fior Markets, the global A2P messaging market is expected…

3 hours ago

IoT Gateway Devices Market to see Incredible Growth USD 28.85 Billion by 2028

As per reports published by Fior Markets, The IoT Gateway Devices market is expected to…

3 hours ago

Home Medical Equipment Market | Technological Advancements and Compliance Benefits to Boost Growth

Global home medical equipment market is projected to reach USD 53.14 billion by 2028, at…

3 hours ago

Why Intelligent Document Processing Is Essential for Modern Businesses

Modern businesses deal with large volumes of data every single day. But when it comes…

5 hours ago

The Gold Content of the PMP Certificate

Many people on the Internet are now asking, since the PMP certification was initiated by…

7 hours ago