PANews reported on November 12 that according to the official announcement, Gate.io will launch PGC trading at 20:00 (UTC+8) on November 12, 2024, and will start the second phase of PGC mining on the Startup new coin mining platform. The mining time is from 20:00 on November 12, 2024 to 20:00 on November 22, 2024 (UTC+8). It is reported that this new coin mining supports users to pledge PGC to participate in mining, with an expected annualized rate of 730%. GT holders can also "mine multiple coins with one coin", with a total amount of 5,000,000 PGC.

According to official introduction, as of now, the first phase of PGC mining is extremely popular, with 26,000 participants, and the current annualized rate of the first phase mining USDT pool is 28.16%. It is understood that Gate.io Startup new coin mining service has the characteristics of low threshold, high annualized return, flexible pledge, and hourly reward distribution. By holding GT, you can achieve multiple mining with one coin and obtain multiple benefits.