Digital Bitcoin miner GoMining expands to Solana
Jan 10, 2025
Dogecoin
Users of GoMining can earn bitcoin rewards through non-fungible tokens of the actual Bitcoin mining hashrate. The protocol is set to expand this functionality to the Solana blockchain network.
The utility token GOMINING powers the GoMining ecosystem, allowing holders to mine BTC after purchasing NFTs. The platform also supports decentralized staking, enabling users to start earning Bitcoin mining rewards without the need to invest heavily in mining rigs and electricity.
In terms of its operations, the digital BTC miner runs an extensive network of Bitcoin mining rigs across the United Arab Emirates, Norway, and Kazakhstan.
According to Jan. 7 announcement, GoMining is integrating Solana support ahead of launching its NFTs on industry powerhouse Magic Eden. Along with BTC mining accessibility on Solana, the GOMINING token will also become a tradable asset on various decentralized exchanges.
GoMining launched in 2017, initially known as GMT before rebranding to GoMining in May 2024.
Multiple exchanges supported the token migration, and GOMINING currently trades on top platforms, including Bitfinex, HTX, Gate.io, Bitget, and MEXC. The token has a market cap of approximately $205 million.
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