#Gate Latest Proof of Reserves Reaches 10.453 Billion Dollars#
Gate has released its latest Proof of Reserves report! As of June 2025, the total value of Gate’s reserves stands at $10.453 billion, covering over 350 types of user assets, with a total reserve ratio of 123.09% and an excess reserve of $1.96 billion.
Currently, BTC, ETH, and USDT are backed by more than 100% reserves. The BTC customer balance is 17,022.60, and Gate’s BTC balance is 23,611.00, with an excess reserve ratio of 38.70%.The ETH customer balance is 386,645.00, and Gate’s ETH balance is 437,127.00, with an excess reserve
The growth rate of the Bitcoin mining industry in Russia ranks first in the world, while the mining volume ranks second globally.
[Russia's Bitcoin mining industry growth rate ranks first in the world, with mining volume ranking second globally] Currently, Russia's Bitcoin mining industry growth rate ranks first in the world, while its mining volume ranks second globally. Russia's largest Bitcoin mining companies BitRiver and Intelion control over 50% of the country's market share, with the two companies generating a total revenue of 200 million dollars in the fiscal year 2024.