An SEC investigation into Binance has had a somewhat notable impact, not only on the price of the world's main cryptocurrency, b

06 Jun 2023, 12:01

An SEC investigation into Binance has had a somewhat notable impact, not only on the price of the world's main cryptocurrency, but also on certain aspects of the GoMining infrastructure. Today, electricity and maintenance fees (commonly known as C1 and C2) for our operations exceeded the pool payment (PR) for NFT 50 W/TH holders (and only for them). In this situation, we want to assure you that we have taken measures to address any negative balances, and they will not be considered by us. Furthermore, we will remove those negative balances from the wallets involved. We have implemented a policy to treat all negative rewards as zero, meaning that any negative balances will be nullified. Additionally, moving forward, we will no longer deduct any amounts from users' accounts. Reward deductions were not applied to your balances due to the flawless operation of our equipment. Our lower energy-efficient miners remained inactive for the day, resulting in zero electricity costs. While the recent fluctuations in the price of Bitcoin may not impact the entire GoMining infrastructure, we believe it is essential to stay vigilant and keep you informed of any potential changes. As a proactive measure for the future, we recommend utilizing your GoMining Virtual Wallet to pay the maintenance fees (C1, C2) at a 10% discount. This will help stabilize your mining rewards and mitigate the risk of incurring negative balances.