What does 'gm' stand for in the crypto industry?

3 answers

• Dec 19, 2021 · 3 years ago
  In the crypto industry, 'gm' stands for 'good morning'. It is a casual greeting used by traders and enthusiasts in various online communities. It is often used to start conversations or wish others a good day. While it may not have a specific significance in terms of cryptocurrency, it reflects the friendly and social nature of the crypto community.
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• Dec 19, 2021 · 3 years ago
  In the crypto industry, 'gm' stands for 'Genesis Mining'. Genesis Mining is a cloud mining company that offers cryptocurrency mining services. They provide individuals with the opportunity to mine various cryptocurrencies without the need for expensive hardware and technical knowledge. Genesis Mining has been operating since 2013 and has become one of the leading cloud mining providers in the industry.
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• Dec 19, 2021 · 3 years ago
  In the crypto industry, 'gm' stands for 'gas money'. Gas is a term used in blockchain networks, particularly in Ethereum, to refer to the cost of computational resources required to perform transactions or execute smart contracts. 'Gm' is sometimes used as a shorthand for 'gas money' when discussing transaction fees or the cost of interacting with decentralized applications on the Ethereum network. It is important to consider gas fees when using Ethereum or other blockchain platforms to ensure efficient and cost-effective transactions.
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