Bitcoin mining simplified: How GoMining NFTs are changing the game

CointelegraphPublicado a 2024-04-23Actualizado a 2024-07-09

Resumen

What makes Bitcoin (BTC) so unique — even among other digital assets — is its mining process to validate blocks and produce new BTC. Without delving into technical details, Bitcoin mining enables a decentralized and global network of high-tech equipment to validate new transactions in batches on the Bitcoin network. The network then mints new BTC to reward these miners for their validation efforts.

Presented by GoMining


What makes Bitcoin (BTC) so unique — even among other digital assets — is its mining process to validate blocks and produce new BTC. Without delving into technical details, Bitcoin mining enables a decentralized and global network of high-tech equipment to validate new transactions in batches on the Bitcoin network. The network then mints new BTC to reward these miners for their validation efforts.
Although Bitcoin mining originated from this simple dynamic, it has evolved into a complex environment, making it dramatically harder for newcomers — especially individual users — to obtain a place in the ever-growing BTC mining ecosystem. Mining hardware prices went through the roof, cheap electricity is infamously hard to find and the Bitcoin halving 2024 reduced the rewards, further increasing the competition.
Thankfully, all is not lost for individual users who want to chip into Bitcoin mining efforts and get rewarded for their contributions. GoMining, a global Bitcoin mining company with nine data centers worldwide, offers an innovative way for individuals to join the mining ecosystem by attaching BTC mining power to nonfungible tokens (NFTs) to significantly lower the industry’s entry barriers.
Bitcoin mining at home
GoMining has years of experience in crypto mining, including developing a dedicated protocol — Liquid Bitcoin Hashrate — to move Bitcoin hash rate management on-chain on Ethereum and BNB Smart Chain. As a result, GoMining has developed a whole new approach to user-friendly and convenient BTC mining power management through NFTs backed with real hash rate shares, allowing users not only to earn daily mining rewards but also to easily scale their owned mining power with just a few clicks.
Users are greeted with a simple interface, whether they visit the GoMining website or use the mobile app, which is available on both iOS and Android platforms. The platform offers both Web2 (email and password) and Web3 login options with a wide range of supported Web3 wallets.

GoMining’s dashboard design is easy on the eye, offering a clean interface with a glimpse into all the necessary information.


GoMining’s dashboard design is easy on the eye, offering a clean interface with a glimpse into all the necessary information.
GoMining also opts for simplicity on its dashboard. Once a user logs in, they can either click the “Create Miner” button to generate an NFT miner and start mining immediately or check the left pane for more options. Once a user creates a new BTC miner, it is shown under the My NFT section in the left pane.
During the miner creation process, users have the option to choose the computing power and energy efficiency of their NFT themselves. GoMining delivers computing power from 1 terahash (TH) all the way up to 5,000 TH per every NFT miner.
Energy efficiency is especially important for Bitcoin mining operations, and GoMining offers up to 20 W/TH — comparable to the latest physical Bitcoin mining hardware launched in the market. When purchasing a virtual miner with GoMining, users receive an NFT with daily rewards and acquire a real share of Bitcoin mining power.


The same pop-up window shows the average daily and monthly BTC gains users can potentially achieve, along with the price per TH and historical return on investment (ROI).
At any time after purchase, users can upgrade their NFT miners with better energy efficiency or more computing power. The in-app NFT upgrades make managing BTC miner operations significantly simpler than deploying and maintaining a physical BTC farm.
User-governed ecosystem
It is possible to buy a new NFT miner via credit card, bank transfer or crypto, but the platform incentivizes purchases through GOMINING, its native token, by offering a 10% discount on electricity fees.
GoMining has built a complete mining ecosystem around its native token. Just like other cryptocurrencies, GOMINING is a tradeable asset available from multiple centralized and decentralized crypto exchanges.
However, its main utility is to keep GoMining a user-powered mining environment. Users can stake GOMINING for various periods to participate in on-platform voting procedures while earning an annual percentage rate (APR). The deflation-based veTokenomics stimulates the rise in price for GOMINING tokens as it continually reduces the number of tokens circulating through burn and mint cycles.
Under the Wallets section, users get an automatically created in-app wallet. This wallet is utilized to provide electricity fee coverage for miners as well. A user can move funds anytime between the platform’s virtual wallet and external wallets on Ethereum or BNB Chain networks.
Daily BTC mining rewards
Once the user buys an NFT miner, it becomes operational and generates daily rewards in BTC. You can check the accumulated rewards at any point from the Rewards section under My NFT, which shows the status of daily rewards alongside the electricity and service fees in selected periods.


The rewards are distributed to users’ BTC wallets. Users can add their external BTC wallet by entering the address or create a new BTC wallet from a wide range of providers listed in the Wallets section. Daily BTC mining rewards are accumulating on the platform until the user connects a BTC wallet and passes a brief Know Your Customer (KYC) process.
Unique NFT miner collections
The Marketplace section opens up two possibilities: The Primary Market takes users to special GoMining NFT collections. Standing at the intersection of mining utility and the collectible aspect of nonfungible assets, these collections have limited availability and offer unique concepts and designs, catering to users’ needs for collectible value in their miner NFTs.
Selling or trading a GoMining NFT is as simple as buying it. Users can head out to the secondary marketplace from the same navigation pane to check different pieces listed by other users.


Users can check the essential information of each piece, including the blockchain network they operate, their energy efficiency and computing power, from the list without the need to go to individual pages.
Verdict: BTC mining simplified
People’s interest in Bitcoin has only increased since the original cryptocurrency’s inception, but the barriers to participating in the network have grown taller and taller. GoMining offers a simple, accessible and quick way for many Web2 and Web3 users to join the Bitcoin mining network without purchasing expensive equipment or spending months learning how to maintain such infrastructure.
The platform provides a user-friendly interface for buying, upgrading or trading BTC miners represented by NFTs. Through GoMining, users can obtain a virtual miner to receive an NFT with daily rewards alongside a real share of Bitcoin mining power. This adds constant real-world value — an aspect arguably lacking in most NFT collections.
As the mainstream interest is renewed with the fourth Bitcoin halving, GoMining offers a simplified gateway to Bitcoin mining with its innovative approach.
Learn more about GoMining
Disclaimer. Cointelegraph does not endorse any content or product on this page. While we aim at providing you with all important information that we could obtain in this sponsored article, readers should do their own research before taking any actions related to the company and carry full responsibility for their decisions, nor can this article be considered as investment advice.

Criptos en tendencia

Lecturas Relacionadas

TechFlow Intelligence Bureau: Anthropic IPO Odds Exceed 80%, Iran Closes Strait of Hormuz Again, Triggering Oil Price Volatility

**Market Digest** **AI & Tech:** Anthropic is widely expected to announce an IPO before November 2026, raising questions about balancing its trillion-dollar valuation ambitions with its core "AI safety" mission. Brands are increasingly adopting AI-generated virtual influencers for marketing. Cloudflare introduced temporary accounts for AI agents to ease automation workflows. **Infrastructure & Hardware:** Google's IPv6 traffic surpassed 50%, marking a major internet milestone. Goldman Sachs warned that massive projected AI capital expenditure ($5.3T) is approaching credit saturation limits, potentially curbing the "AI arms race." **Space & Robotics:** SpaceX's IPO saw a historic $370M retail buying frenzy in three days. Hyundai Motor Group plans to acquire full ownership of Boston Dynamics. Elon Musk speculated about future "septillion-dollar" investments in antimatter for interstellar travel. **Energy & Geopolitics:** Iran's military announced another closure of the strategic Strait of Hormuz, accusing Israel of violating a ceasefire, causing oil market volatility. However, ship-tracking data indicated some traffic continued. Concurrently, Iran resumed crude loadings at Kharg Island, potentially releasing up to 20 million barrels to the market. **Finance & Macro:** A European CLO (collateralized loan obligation) experienced its first post-2008-crisis-era equity tranche default, raising alarms in credit markets. Nomura warned that new Federal Reserve Chair Wash's perceived hawkish debut speech could signal a significant policy shift. **The Undercurrent:** Seemingly disparate events—the Strait of Hormuz tension, the European CLO default, and warnings on AI spending—point to a tightening of global liquidity and rising marginal costs across energy, credit, and tech investment. Meanwhile, capital continues chasing grand narratives like space exploration and advanced AI, highlighting a divergence where old-world leverage frays as new-world stories grow more ambitious.

marsbitHace 59 min(s)

TechFlow Intelligence Bureau: Anthropic IPO Odds Exceed 80%, Iran Closes Strait of Hormuz Again, Triggering Oil Price Volatility

marsbitHace 59 min(s)

The Hunter Becomes the Hunted: The Most Profitable MEV Bot Gets Hacked

A well-known and highly profitable Ethereum MEV Bot, Jaredfromsubway.eth, suffered a sophisticated on-chain attack this Saturday, losing over $7.5 million. Analysis by Blockaid and others reveals this was not a conventional phishing or smart contract exploit, but a targeted "counter-MEV honeypot attack." The attacker meticulously laid a trap over several weeks, deploying 66 fake token contracts and liquidity pools disguised as major assets like WETH and USDC. These pools created the illusion of arbitrage opportunities. The MEV Bot's automated system detected these signals, executed trades, and in the process, granted approval permissions to attacker-controlled contracts. These approvals were not revoked, creating a persistent vulnerability. The attacker then exploited this in a single transaction, draining the bot's ETH, USDC, and USDT holdings. Jaredfromsubway.eth is notorious as one of Ethereum's most active and profitable MEV Bots, primarily known for executing "sandwich attacks" to profit from transaction slippage. Estimates suggest it has earned tens of millions in MEV revenue. The incident highlights escalating crypto security threats, demonstrating that even top-tier automated "predators" are vulnerable to novel, logic-based attacks designed to exploit their own operational rules. Following the hack, an unverified X account impersonating Jaredfromsubway.eth emerged, falsely offering a bounty for the return of funds, prompting developer warnings for users to stay vigilant.

marsbitHace 2 hora(s)

The Hunter Becomes the Hunted: The Most Profitable MEV Bot Gets Hacked

marsbitHace 2 hora(s)

The Reality of Payments in Latin America Is Not What You Think

The payment landscape in Latin America is undergoing a fundamental shift, driven by on-the-ground realities that challenge common perceptions. Based on over 500 hours of field research across the region, key insights emerge. Firstly, QR code payments, like Brazil's Pix, are becoming the dominant payment method in most emerging markets, overtaking cards. However, these domestic instant payment systems lack international interoperability, creating a significant gap for cross-border users. Secondly, the narrative around crypto cards is often misunderstood; their primary volume comes from high-net-worth professionals using them for salary conversions (e.g., USDT to local currency via Pix), not retail micro-payments. Competition in payments is shifting from customer acquisition to controlling the settlement layer, leading fintechs to acquire banking licenses for efficiency. Thirdly, treating "Latin America" as a single market is a mistake. Countries like Argentina, Brazil, and Mexico have distinct economic realities, user segments, and regulatory approaches. Brazil alone has at least five distinct user segments with different financial flows. Overlooked markets like Guatemala, Honduras, and El Salvador (the "forgotten five") offer high remittance volumes with lower competitive density. Finally, regulation in Latin America is often ahead of the US, with clearer frameworks for digital assets and a pragmatic approach from regulators focused on safety rather than obstruction. The margin on stablecoin forex is rapidly compressing toward zero, meaning future winners will be those building value-added services on top of the infrastructure, not just the cheapest exchange.

marsbitHace 2 hora(s)

The Reality of Payments in Latin America Is Not What You Think

marsbitHace 2 hora(s)

Trading

Spot
Futuros

Artículos destacados

Cómo comprar GOMINING

¡Bienvenido a HTX.com! Hemos hecho que comprar Gomining (GOMINING) sea simple y conveniente. Sigue nuestra guía paso a paso para iniciar tu viaje de criptos.Paso 1: crea tu cuenta HTXUtiliza tu correo electrónico o número de teléfono para registrarte y obtener una cuenta gratuita en HTX. Experimenta un proceso de registro sin complicaciones y desbloquea todas las funciones.Obtener mi cuentaPaso 2: ve a Comprar cripto y elige tu método de pagoTarjeta de crédito/débito: usa tu Visa o Mastercard para comprar Gomining (GOMINING) al instante.Saldo: utiliza fondos del saldo de tu cuenta HTX para tradear sin problemas.Terceros: hemos agregado métodos de pago populares como Google Pay y Apple Pay para mejorar la comodidad.P2P: tradear directamente con otros usuarios en HTX.Over-the-Counter (OTC): ofrecemos servicios personalizados y tipos de cambio competitivos para los traders.Paso 3: guarda tu Gomining (GOMINING)Después de comprar tu Gomining (GOMINING), guárdalo en tu cuenta HTX. Alternativamente, puedes enviarlo a otro lugar mediante transferencia blockchain o utilizarlo para tradear otras criptomonedas.Paso 4: tradear Gomining (GOMINING)Tradear fácilmente con Gomining (GOMINING) en HTX's mercado spot. Simplemente accede a tu cuenta, selecciona tu par de trading, ejecuta tus trades y monitorea en tiempo real. Ofrecemos una experiencia fácil de usar tanto para principiantes como para traders experimentados.

280 Vistas totalesPublicado en 2024.12.11Actualizado en 2026.06.02

Cómo comprar GOMINING

Discusiones

Bienvenido a la comunidad de HTX. Aquí puedes mantenerte informado sobre los últimos desarrollos de la plataforma y acceder a análisis profesionales del mercado. A continuación se presentan las opiniones de los usuarios sobre el precio de GOMINING (GOMINING).

活动图片