Epoch 5 has officially begun at GoMining! But what's an epoch, and why does it matter to you as a miner or token holder?
An epoch is a strategic period in GoMining’s tokenomics, designed to manage the supply of GOMINING tokens effectively.
Our GOMINING token is the center of our ecosystem and represents access to mining rewards, discounts, and increased earnings potential across our ecosystem. By managing how many tokens enter or leave circulation, we ensure the sustainable growth and long-term value of your mining rewards.
Here's what happened in Epoch 4:
- Tokens burnt permanently in Epoch 4: 8,000,000 $GOMINING 🔥
- Total available supply: 410,841,255 $GOMINING
- Paid for Maintenance: 50,000,000 $GOMINING
In total, we've burned 5.96% of our initial supply.
Why Does This Matter?
Our token economics follow a clear deflationary model: we consistently burn more tokens than we mint. This intentional strategy reduces the total number of tokens available, which helps maintain scarcity, enhances token value, and ultimately provides greater rewards for our community.
In the current market conditions, a lot of tokens have crashed by over half their value. GoMining remains steady because it's a token backed with real utility (i.e our entire mining ecosystem) and a solid token economic model.
What to Expect in Epoch 5:
In the 5th Epoch, we’ll mint 85% of what we burn (vs 84% in Epoch 4).
It’s a very slight increase in minted tokens, however Epoch 5 continues our deflationary approach. We're back to burning tokens, steadily decreasing the total circulating supply. With fewer tokens in circulation, those remaining gain greater value and purchasing power.
Remember, at GoMining, our economic strategy isn't just about mining—it's about building long-term sustainability, stronger rewards, and meaningful value for every token holder.
Epoch 5 is underway—let's mine the future together! ⛏️👾
March 18, 2025
