What is GoMining TokenToken (GMT)

GoMining Token (GMT/USDT) (Trade it Here) is a token backed by real, constantly growing computing power (measured in TH/s) via the SHA-256 protocol. The token itself is an asset and has its own value. Apart from that, the supply capacity of each GMT allows its holders to mine Bitcoin for an unlimited period of time. In this article, we will discuss everything you need to know about GoMining Token plus a guide on how to buy GMT tokens.

Key Features of GoMining Token (GMT)

Quick start

Token holders don’t need to bother with buying, configuring, and maintaining equipment, or search for a placement site. Holders can commence mining 24 hours after purchasing tokens.

High liquidity

Unlike the equipment, the token itself according to the developer is a high 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.

Zero Maintenance Cost

Users don’t need to monitor the maintenance of their equipment. The GMT team independently monitors the maintenance of devices’ stable hash rate. In case several devices fail, the GMT team will use backup equipment during the repairs.

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.

Increasing Token Power without Investment

The commissioning of new equipment increases the computing power of each token, and with it, the mining rewards itself.

Who Created GoMining Token (GMT)?

GoMining is a professional mining company founded by international investors in 2017. The company created GoMining Token (GMT) to bypass the technical complexity of mining and make mining accessible to everyone.

How does GoMining Token (GMT) work?

By purchasing 1 GMT, holders acquire a portion of the real computing power of the company’s device fleet, which is already involved in BTC mining and brings in a daily income. The current computing power of the company is 435,000 TH. And for 1 GMT, you will get 0.001696 TH of computing power. Holders also need to create an account at gmt.io and enter the wallet address under the personal account that the user created where the GMT tokens are stored, and specify the BTC address where the mining rewards will be transferred to.

After that, both wallets will automatically be linked within the holder’s personal account. This is necessary to determine the correct calculation of the amount and allocation of BTCs from the pool to the GMT holder, as well as to prevent the unfair use of other users’ addresses taken from public sources.

GoMining (GMT) Tokenomics

The initial issue was 100,000,000 tokens on the Ethereum blockchain platform. GMT reached the highest price (ATH) of 0.509 USDT on October 14, 2021. The lowest price since the date of ATH was 0.0931 USDT on September 2, 2022. The 30 days performance sees the highest price at 0.1152 USDT on September 9, 2022 and lowest at 0.0944 on September 3, 2022. Its current performance is 0.1016 USDT (by September 26, 2022) with a market cap of $27,226,024.

How to buy GoMining Token(GMT) on MEXC?

You can buy GoMiningToken (GMT) on MEXC by the following the steps:

  1. Log in to your MEXC account and click [Trade]. Click on [Spot].
  2. Search “GMT” using the search bar to see the available trading pairs. Take GMT/USDT as an example.
  3. Scroll down and go to the [Spot] box. Enter the amount of GMT you want to buy. You can choose from opening a Limit order, a Market order or a Stop-limit order. Take Market order as an example. Click [Buy GMT] to confirm your order. You will find the purchased GMT in your Spot Wallet.

Want to stay tuned in crypto market?

Check out our listings in the Innovation and Assessment zones as well as the major tokens in the Main Zone – we have more amazing projects to come! What’s more, MEXC lists moonshot and offers access to trade major cryptocurrencies. Visit the Hot Projects section as well to uncover more featured popular tokens. Lastly, feel free to visit MEXC Academy to learn more about cryptocurrency in general.

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