Satoricoin (XAU) [POW -CryptoNight]

Satoricoin is a Crypto currency that follows daily World Gold Production.

Each year, global gold mining adds approximately 2,500-3,000 tonnes to the overall above-ground stock of gold. While gold production has shown an upward trend in recent years, this is likely to level off in coming years.

Accurately estimating the amount of gold still within the ground is no easy task, and this estimate may change in response to several factors, such as:

the price of goldthe cost of mining inputs (which effect whether gold deposits are economic to mine)
mine exploration and new discoveries
prior geological survey coverage and capabilities.