Epoch 5 Is Over — Epoch 6 Begins

Every few months, GoMining enters a new tokenomics epoch — a checkpoint marked by a certain number of $GOMINING tokens used for maintenance payments by our users and burned by us. For this Epoch, the target was 60M $GOMINING burned.

Epoch 5 started on March 11th 2025, and ended on October 7th, 2025. 

As usual, the results from this Epoch show that our system is working exactly as planned: more tokens were burned than minted, and more users are locking their tokens to take part in how the ecosystem runs.

But what does this mean for miners and token holders?

Why GoMining Tokenomics Matter

Burning more than we mint means:

• The purchasing power of every token is strengthened
• Governance power stays meaningful for the community

Over time, this balance is what gives GoMining its deflationary structure. It’s what allows every holder and voter to benefit from our tokenomics. You can even see the system working in real time, through the data available on the Tokenomics section of the GoMining app.

Inside Epoch 5: A Quick Breakdown

During each weekly cycle, all tokens paid for maintenance are burned. Then, a portion of those burned tokens is reminted. The exact percentage of reminted tokens is decided by veGOMINING holders in each voting cycle (and cannot be lower than the epoch’s base rate and higher than 100% of burned tokens). 

In the 5th Epoch, the coefficient was 0.93 or 93%.

Here’s how Epoch 5 wrapped up:

🔥 Burned: 60,000,000 $GOMINING. Epoch 5 concluded once that threshold was reached.

💰 Minted: 56,139,631 $GOMINING

📉 Net effect:  ± 3.86M fewer tokens in circulation — these are the tokens that we identify as “permanently burned”

Deflation is built into the rules of the system. Each burn cycle makes the token more scarce while keeping the GoMining ecosystem sustainable for the long run.

3.86 million more tokens were burned than minted — a clear signal that the system is working as designed. If you want a full refresher on how you can vote to influence the pace of the burn and mint cycle, click here.

To date, GoMining's tokenomics has stayed on a deflationary path across all Epochs:

🔥 Total tokens permanently burned to date: 29.9M (6.84% of the original supply)

💰 Current supply: 407M $GOMINING

🎯 Target supply: 100M

How Your Votes Influence the Burn & Mint Cycles

GoMining users can lock their tokens into veGOMINING to gain voting power. That voting power lets the community decide how quickly burns happen and how certain rewards are distributed.

The numbers for Epoch 5 (starting March 11th):

• 158,969,687 $GOMINING (≈$77,895,146) locked into veGOMINING
• 17,199 users participating
• Average lock size: 8,546 $GOMINING (≈$4,529) per user

Locking tokens is how you gain voting power. The epoch sets the maximum speed, but through your veGOMINING vote, you decide whether burns slow down, and by how much.

A Celebration to End the Epoch!

To mark the close of Epoch 5, we’re running a special raffle for the community:

 🥇 60 winners → 100 GOMINING tokens each

🥈 60 winners → 1 TH token each

🥉 60 winners → 1 Gold GoBox each

🎟️ How to get a ticket: Every time you spend $20 on a miner purchase or upgrade you automatically receive 1 ticket.

Head to the app to join the Raffle!

The Bounty: How the Community Earns

While tokenomics epochs are about supply and governance, bounty epochs are about community participation. They start around the same time but serve a different purpose: to reward GoMiners who help spread the word, complete tasks, or bring new users into the ecosystem.

Everyone can participate. All you need to do is register, get involved, and share the love for the GoMining project - every contribution counts.

Epoch 5 Bounty Results:

• 65,493 participants
• 428,896 tasks completed
• ≈928,897 $GOMINING (equivalent to $455k USD) earned by community (including  300,000 $GOMINING epoch leaderboard prize pool)

The Epoch 6 Bounty starts immediately with a 300,000 $GOMINING prize pool - this pool is donated directly by GoMining for the epoch leaderboard. In addition, each weekly cycle leaderboard has its own prize pool, which is decided by veGOMINING voting every cycle.

Tokens for the Epoch 5 bounty leaderboard winners will be distributed within a week of the epoch ending.

What to Expect In Epoch 6

Epoch 6 begins on October 7 with the same fundamentals:

• veGOMINING holders continue to vote and decide on permanent tokens burn per cent and rewards distribution each cycle.
• Burns are expected to keep outpacing mints.
• What’s new? The coefficient for Epoch 6 is 0.86. That means the maximum we can mint is 86% of what we burn (vs 93% in Epoch 5). The total burn amount needed to close Epoch 6 is 70 million tokens.

👉 Track tokenomics live: https://app.gomining.com/ve-tokenomics