What is GoMining Token (GMT) | What is GMT token?

3 min read

In this article, we’ll discuss information about the GoMining Token project and GMT tokenToken backed by real assets, with the daily income payment in Bitcoin (BTC) to its owner. Each GMT is backed by an actual unit of computing power of 0,001TH/s via SHA-256 protocol. By purchasing 1GMT, you acquire 0,001TH/s of actual computing power of our fleet of devices that are already mining BTC, enabling your daily mining income.Unlike the equipment, the token is a highly liquid asset. Its sale takes only a few minutes and at the same time it is not subject to wear and tear and does not require additional investment. The release of tokens is carried out via smart contracts and Ethereum blockchain platform. During the first year after the release of the token, we plan to bring the average energy efficiency of our equipment to 50 W / TH with a total capacity of 200 MW. This will correspond to 4,000,000,000 tokens. Linking to the real indicators of equipment and their value completely protects the token from falling to negative values for the investor, since the value of the token cannot be lower than the cost of the equipment it is backed with In addition to the available tools, our company will act as market makers of the token independently and maintain its value protecting investors. The management of this large-scale infrastructure is ensured by creating its own ecosystem, which includes a full cycle of competencies necessary to ensure a high level of project implementation in the crypto-sphere.

Quick start

You no longer have to think about purchasing equipment, setting it up, maintaining and upgrading it. All of this is carried out by our service centers, and GMT holders do not have to worry about it.

High liquidity

Unlike the equipment, the token is a highly liquid asset. Its sale takes only a few minutes and at the same time it is not subject to wear and tear and does not require additional investment.

Double profitability

By investing in the token, you are investing not only in a growing exchange-traded asset, but at the same time in an asset that brings passive daily income. Such a token structure creates financial support for the investor in case of market volatility or provides additional income.

Daily income

The profit is paid out directly to the holder’s wallet from the pool. Accruals are conducted once daily at pool estimated time 00:00 GMT

1 GMT = 0,001 TH

Each GMT is backed by an actual unitof computing power of 0,001 TH/s via SHA-256 protocol.Smart ContractBy purchasing 1 GMT, you acquire 0,001 TH/s of actual computing power of our fleet of devices that are already mining BTC, enabling you daily mining income.

Investment strategy

Independent income

Due to its nature, GMT is an investment vehicle itself. Each token is backed by a real, already working unit of power with a projected yield, and with an increase in the value of BTC, it’s growth will proportionally increase.

Fundamental exchange growth

Rush demand associated with the growth of BTC creates a constant shortage in the market of mining equipment, which entails a constant increase in its price. The GMT exchange rate is reacting at an accelerated pace to the increase in the cost of equipment, and due to the presence of already operating equipment and the high liquidity of its turnover, the investment multiplier multiplies the value of the token.

Quick start

Linking to the real indicators of equipment and their value completely protects the token from falling to negative values for the investor, since the value of the token cannot be lower than the cost of the equipment it is backed with.

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