They are not eliminating it - they are going to adjust for inflation and continental drift.

Since the 1MM idea was started, the cost of living is up about 22%, so GLD is now 1,220,000 miles. Since the continents have drifted .01% apart, since they started the program , all the countries are all farther away from each other as well. So add 122 miles.

1,220,122 is GLD. 2,440,244 is PLT now.