GoMining News

2023-02-13 19:31:40 You asked about it, you were waiting for it, and now we've reached the finish line.

GMT has begun preparations to list its token on the world's largest crypto exchange, Binance.

In order for us to be able to do this, the token itself must change. That's why, from February 15th, it will switch from the status of being a security to being a utility.

What does this mean and what's the difference?

Security tokens are digital analogs of securities. The issue and turnover of such assets takes place in accordance with the legal norms and securities legislation of financial regulators of various countries.

As a general rule, crypto projects face a number of regulatory obstacles when issuing such tokens that limits both growth and development.

Utility tokens are tokens that allow users to access goods or services provided by the company, and also act as goods themselves.

One of the conditions for being listed on leading crypto exchanges is the absence of characteristics inherent in securities. In other words, the utilitarian nature of the token becomes a key requirement. That's why we're reshaping the project in accordance with Binance's requirements.

What changes you'll notice.
GMT tokens will no longer mine bitcoins for new holders. However, for those who purchased tokens before February 15, and for those whose assets are already time locked, the conditions will remain the same. We have never let our investors down and won't do so now.

What we offer in return.
You'll still be able to earn money by owning GMT tokens, but now you'll need to use staking to do so. This opportunity will be available starting Wednesday. It'll definitely pique your interest you with its favorable conditions.

Follow our news. We'll have a lot more info for you on February 15th. Open / Comment

2023-02-13 17:01:01 We have repeatedly told you about why it's profitable to pay for NFT mining with GMT tokens, but we've never explained why it's necessary.

New people are constantly subscribing to our accounts, and this question sometimes puts them at a dead end. Neither CryptoPunks, nor the Bored Ape Yacht Club collection, nor even the world's most expensive NFT called "EVERYDAYS: THE FIRST 5000 DAYS" require any maintenance after purchase.

So how does The Greedy Machines collection differ from other crypto art?

The answer is actually quite simple. Each NFT is unique in itself, but our Greedy Machines are special not only in appearance, but also in functionality.

None of the NFT from the collections of other projects is supported by a real fleet of devices, whereas each of our digital miners possesses a capacity of 2 to 128 TH/s.

When buying NFT you're purchasing a portion of existing ASICs, each one of which requires maintenance. Our service center does it 24/7 on its own and you are only required to pay a fee.

It's important to note that the prices we offer for this service are much lower than market prices, and the quality is much higher.

And it is thanks to such high-quality service that your digital miners can mine BTC for you every day. Open / Comment

2023-02-10 19:01:25 Have you noticed the changes on the NFT Rewards page yet?

If you have chosen to pay for maintenance with GMT tokens, then the system will now prompt you when you need to top up your virtual wallet.
If you don't have enough tokens to pay, you'll see an exclamation mark next to the information about rewards.

Such a hint system is needed to help you save money because only this function gives 5% discounts on C1 (electricity fees) and C2 (equipment maintenance).

But don't forget about other features that reduce your deductions.

Discount level for the "Service" button. If you increase capacity and don't forget to "take care" of your mining empire every day, the maximum discount may be 14%.

More than $5,500 is how much NFT holders have managed to save from GMT thanks to our discount system. You can start saving too. Open / Comment

2023-02-09 17:04:34 One of the basic conditions behind our Pool Mining game is that everyone can win.

Of course, most often large pools take home the win, but keep in mind that the reward amount is directly proportional to the amount of computing power in the game. That is, without these clans, the payouts for the extracted blocks would be much lower.

A large hash rate, however, doesn't mean that the pool will always win. The last 2 days clearly prove that.

Right away 3 pools with zero or almost zero chance of winning snatched a win for themselves. Twice it was short rounds, and once the round lasted almost 19 minutes. However, the block still went to a mini-pool with a single participant.

The rewards for winning were 28,616, 29,216, and 63,512 Sat. You can check all this info, it's in the public domain: https://account.gmt.io/my-nft/rounds.

We've seen your dissatisfaction and doubts in the comments section and want to better understand what's bothering you.

Please take a minute or two to answer a number of questions, and we will try to find a solution. Open / Comment

2023-02-08 20:00:51 There are several reasons why NFT holders choose Pool Mining mode.

A simple and exciting game, the opportunity to unite and compete together, but the most important thing is, of course, the rewards of the pools for the blocks obtained.

In the short time since the launch of the NFT game, our users have already received 6.15 BTC, of which 2.44 BTC were earned by clans thanks to multipliers. The source of this bonus fund was our marketing budget.

We will continue to delight you with multipliers, but we draw your attention to the fact that depending on the company's promotional activities and the season, the chance of such "x's" will be different.

Thanks to the promo in honor of the start of the game, to date the mathematical expectation of the multiplier has tended to favor 2x.

Now this figure will be dynamic, meaning that you'll also see rounds where you can increase your winnings by 2/4/8/16/32/64/128 and 256 times, but the frequency of these multipliers will vary.

We will inform you in advance about upcoming promotions and important events for the company. In the meantime, we can give you a small hint: GMT's birthday is coming soon. Open / Comment

2023-02-07 19:30:36 Starting today, we'll be punishing auto-click fraud more severely.

As you know, we have previously banned those who tried to "wind up" indicators with the help of special programs. Now our system has learned not only to recognize the most popular cheating strategies, but also to find those trying to circumvent the rules more discreetly than others.

As before, the ban will last exactly one day and will be removed automatically. When blocked, no rewards will be awarded to the player even if their pool wins.

Remember: honesty is the best strategy.
And if you think that you have been unfairly banned, contact our support service. Open / Comment

2023-02-06 17:00:36 Not so long ago we told you about the appearance of the NFT Dashboard page in the My NFT section, with many of you probably noticing a new indicator called Mean Efficiency there.

Mean efficiency is what we use when determining C1 (fees for electricity) for holders.

Below is an example explaining how this indicator is obtained.

Let's say you have two NFTs.

One of them has a power of 2 TH/s and an energy efficiency of 50 W/TH. The second has a power of 128 TH/s and an energy efficiency of 25 W/TH.

To get the average energy efficiency of your NFTs, you need to add 50 and 25, and then divide them by 2.
You get 37.5 W/TH, which actually doesn't reflect reality because the weight of the second NFT is much larger.

That's why Mean Efficiency is necessary.
In this case, the calculations will look like this: (2*50 + 128*25)/(2+128) = 25.38 W/TH

Knowing and seeing your Mean Efficiency indicator, it will be easier for you to understand how many watts your NFTs will require on average. Open / Comment

2023-02-03 18:41:20 At the end of the work week it's customary to look back and take stock. That's what we're going to do today.

One of the indicators of the success of a project is the number of those holding what it produces. And we're proud to announce that the number of users choosing our company is constantly growing.

Of course, token indicators may be considered the most obvious. Almost 19,000 people have it on their crypto wallets, make transactions, pay for goods and services in GMT, and receive rewards.

Users choose our token because it is a reliable product whose functions are constantly expanding.

And we assure you that we will continue to develop GMT Token to make it one of the best of the best. Open / Comment

2023-02-02 15:17:02 We remind you that some of our NFTs from The Greedy Machines VOL_2 collection are now available for purchase on Binance.

These digital miners are marked with a special icon on our marketplace. If you want to purchase such NFTs, follow these simple instructions:

1) Log in to your account on the website;
2) Enter "The Greedy Machines" in the search bar and select our collection from the drop-down list;
3) Select the NFT you like and click Buy Now;
4) Select a wallet for payment and confirm the purchase;
5) To withdraw NFT to your personal wallet, select My NFT in the account section;
6) In the window that opens, click the Withdraw button;
7) Select the NFTs you want to take and click the Confirm button;
8) Add a wallet for withdrawal using the Add a Wallet button;
9) Connect your MetaMask or other wallet via WalletConnect;
10) After successful connection, click the Withdraw button.

Great, NFT from GMT is now in your wallet. Open / Comment

2023-02-01 14:21:13 As you know, our NFT game algorithms are written so that everyone has a chance to win.

Yet, a quick look at the statistics clearly shows that certain pools most often win.

To date, the leaderboard looks like this: the Mining Corp pool is in first place, second place is occupied by a clan called ArcticMonkeys, and DmzPool is gaining on them. These are the largest and most powerful clans, so it's much easier for them to close blocks.

To help other clans win more often, we have written some simple instructions. We suggest you put these points into practice. You'll definitely see a positive dynamic.

1. Make the pool public
If you're the pool creator, check the settings. Newcomers are more often added to public pools, meaning that such clans have more chances of becoming bigger and stronger.

2. Unite
The total capacity of the pool in third place is more than 4,600 TH. In order to be competitive, we advise the remaining mini-pools to merge into one or more larger units. Then your chances of winning will increase significantly.

3. Recruit active players to the pool
Bring good clickers into the team. Take a look at the General Chat to find them. Data on the most active participants is published there.

4. Accept team members from different time zones
It's difficult to do, but it's still possible. The logic is simple: in short rounds, small pools have a higher chance of winning, but for this you need manual clicks. If one part of the team is active in the first half of the day, and the other in the second, you will have more chances of "catching" a short round and closing this block.

5. Increase capacity
Everything is simple here. The greater the total power of your clan, the higher the chances that your pool will close the block. Buy new NFTs, develop your mining empire, and snag the victory for yourself. Open / Comment