What currency is GOLD? Comprehensive introduction to the GOLD/Golden Goose Coin Project
The full English name of GOLD Coin is Golden Goose, and its Chinese name is Golden Goose. The Golden Goose platform aims to obtain Bitcoin through mining. Bitcoin mining is a device-intensive industry. Due to the high initial investment cost, the entry threshold is very high. To participate in the industry, to increase profitability and reduce costs, investors must carefully study the very important factors in mining costs, as well as numerous issues, including energy consumption rate, reliability of power supply, and the choice of high-quality mining machinery. Many investors want to further understand what currency this GOLD is? Let me introduce GOLD/Golden Goose Coin to you.
What currency is GOLD?
Golden Goose is the world's largest cryptocurrency mining center and global cryptocurrency trading platform operated by the Sharing Foundation. The mining of the representative cryptocurrency Bitcoin (BTC) consumes 0.5% of the world's electricity. As mining becomes increasingly difficult, global electricity consumption is also getting higher and higher.
The mining center of the project is located near Asuncion, Paraguay, near the largest substation. The Jinge Temporary Mining Center with a scale of 6MW/h will be operated from the second half of 2022. After the completion of the 100MW substation, it will be the first mining center with an operating area of 300,000 square meters and 30 times larger than the football field in the second half of 2025. It plans to operate a second mining center later.
Paraguay's Itap Hydropower Station is producing the world's largest clean energy. The maximum power generation capacity of the Itep Hydropower Station is 18,000 MWh, with an annual power generation of up to 100,000,000 MWh, and 89% of the power unconsumed by the power plant is used for export. Golden Goose Mining Center ensures sustainable zero carbon emissions and clean electricity at low prices.
GOLD Coin Project Introduction
Through a partnership signed with BitFury in January 2019, the project plans to purchase, install and operate 30 BitFury BlockBox ACs (BBACs) in a temporary mining center before the completion of the 500 MW substation. After the substation is completed, another 300 units will be invested in the Golden Goose Mining Center.
50% of the cryptocurrency turnover of the Golden Goose Mining Center mines as a Contribution Reward, and MBC (MicroBitcoin) is paid daily to participants who pre-deposit Golden Goose Tokens (GOLDs).
Since Jinge, the temporary mining center of 18,000 square meters started operations in the second half of 2019, it plans to operate its first 200,000 square meters mining center 25 times larger than the football field after completion. A substation with a capacity of 500 megawatts. It plans to put the second and third mining centers into operation after this.
The Golden Goose Mining Center aims to be the largest single facility in the world. In addition, the total hash rate of mining equipment to be installed by the first half of 2021 is about 5,000 PH/s. We hope that the Golden Goose Mining Center will become the world's mining center with the highest Bitcoin-5 hash rate.
The content above is my comprehensive introduction to the question of what currency GOLD is. The Golden Goose Mining Center aims to be the largest single facility in the world, and in addition, the total electricity of mining equipment to be installed by the second half of 2025 is about 80MW/h, and the project hopes to use the Golden Goose Mining Center as a mining center that retains the world's top 5-level Bitcoin hashrate. The project plans to use a turnkey system to provide all services from feasibility review, design, construction, operation and installation under a cooperation and memorandum of understanding agreement with BitFury, a global blockchain hardware and software leader that has operated a 500 MW data center.
The above is the detailed content of What currency is GOLD? Comprehensive introduction to the GOLD/Golden Goose Coin Project. For more information, please follow other related articles on the PHP Chinese website!

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