Log in/ Sign up

About GOV

GovWorld is an added utility service for metaverse, NFT, and altcoin projects & their communities. Leveraging the power of the most customizable P2P lending protocol on the blockchain, strong holder members of these communities can now unlock liquidity in the form of USDT, USDC, DAI, or BUSD against the value of their NFT and altcoin portfolio. VIP strategic partner communities also enjoy additional benefits such as maintaining tier-level, staking, and other native rewards.

GovWorld (GOV) is a cryptocurrency launched in 2021. GOV has a current supply of 100.00M with 0 in circulation. The last known price of GOV is 0 USD and is 0 over the last 24 hours. It is currently trading on active market(s) with $0 traded over the last 24 hours. More information can be found at https://www.govworld.io/.

Official Website

Social Media

GOV Price Statistics
GOV’s Price Today
24h Price Change
-$00.00%
24h Volume
$00.00%
24h Low / 24h High
$0 / $0
Volume / Market Cap
--
Market Dominance
0.00%
Market Rank
#6617
GOV Market Cap
Market Cap
$0
Fully Diluted Market Cap
$393,481.71
GOV Price History
7d Low / 7d High
$0 / $0
All-Time High
$0
All-Time Low
$0
GOV Supply
Circulating Supply
0
Total Supply
100.00M
Max Supply
100.00M
Updated Jul 15, 2024 9:21 am
image
GOV
GovWorld
$0
$0(-0.00%)
Mkt Cap $0
There's nothing here for now
Fidelity: To maintain the Bitcoin network, countries and companies should engage in mining even if they suffer losses
Fidelity: To maintain the Bitcoin network, countries and companies should engage in mining even if they suffer losses
Odaily Planet Daily News Analysts at Fidelity Digital Assets said that if companies and countries want Bitcoin to continue to exist, they must start mining Bitcoin as soon as possible, even if it means losing money. Fidelity wrote: "Many countries, institutions and companies profit from Bitcoin - but not through mining, so mining to protect the network can be considered an operating cost." For Fidelity, instead of relying entirely on mining companies, it is better for companies that earn management fees from Bitcoin ETFs to maintain the network. This includes Fidelity itself, which says it has been mining Bitcoin. Companies at the forefront of corporate adoption, such as MicroStrategy, may also help protect the network. However, some Bitcoin miners disagree, saying they do not believe that companies are willing to spend millions of dollars to keep the network running. Nick Hansen, CEO of bitcoin mining company Luxor, believes that the company will not be willing to pay the estimated cost of $1 million per hour to keep the bitcoin network running. "Will Fidelity be willing to pay this money? Probably not." Fidelity is the second largest bitcoin ETF provider, managing $20 billion in assets. As of press time, it has not responded to requests for comment on whether it will mine at a loss. However, Nishant Sharma, founder of BlocksBridge Consulting, pointed out that "as bitcoin mining becomes more challenging and less profitable, its role may change in the next few years, even if energy costs are low." Andy Fajar, CEO of bitcoin mining pool Loka Mining, said that governments and private companies are discussing whether it is worth mining at a loss. However, this depends on whether it is beneficial to the network or a country's strategic positioning. Jameson Lopp, CTO of cryptocurrency custodian Casa, believes that the theory is "unreliable." He said it assumes there is no demand for actual network usage, an unlikely scenario. “Will ETP eliminate the need for block space? Sure, but innovative developers can always come up with more uses for block space and potentially create more demand.” (DL News)
Jan 23, 2025 8:47 am

Frequently Asked Questions

  • What is the all-time high price of GovWorld (GOV)?

    The all-time high of GOV was 0 USD on 1970-01-01, from which the coin is now down 0%. The all-time high price of GovWorld (GOV) is 0. The current price of GOV is down 0% from its all-time high.

    Read More
  • How much GovWorld (GOV) is there in circulation?

    As of , there is currently 0 GOV in circulation. GOV has a maximum supply of 100.00M.

    Read More
  • What is the market cap of GovWorld (GOV)?

    The current market cap of GOV is 0. It is calculated by multiplying the current supply of GOV by its real-time market price of 0.

    Read More
  • What is the all-time low price of GovWorld (GOV)?

    The all-time low of GOV was 0 , from which the coin is now up 0%. The all-time low price of GovWorld (GOV) is 0. The current price of GOV is up 0% from its all-time low.

    Read More
  • Is GovWorld (GOV) a good investment?

    GovWorld (GOV) has a market capitalization of $0 and is ranked #6617 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze GovWorld (GOV) price trends and patterns to find the best time to purchase GOV.

    Read More