GoMining, which offers retail users a way to earn bitcoin rewards through tokenizing actual bitcoin mining hashrate, is expanding to Solana.

Primarily, the platform's GOMINING utility token is adding Solana functionality ahead of launching their NFTs on Magic Eden later this month, the company said on Tuesday. GoMining's token will also "become tradable on Solana DEXs as an SPL token," the company added.

"Solana’s ecosystem is ideal for a broader crypto audience to user-friendly Bitcoin mining," GoMining CEO Mark Zalan said in a statement. “Bitcoin is a foundational part of the crypto ecosystem, and everyone should have access to mining it as part of their crypto exposure—no matter what blockchain they prefer."

GoMining has tokenized hashrate, a measure of the computational power used in mining, to make earning BTC from bitcoin mining capacity accessible to people who cannot afford to invest directly into physical mining operations. Users acquire GoMining NFTs, tied to actual hashrate, and then have the opportunity to earn BTC rewards, the company said.

Owners of GoMining NFTs can invest in enhancing the performance of their digital miners or sell them to other users. According to GoMining's website, nearly 216,000 mining NFTs have been sold.

"Each digital miner comes with two key parameters: power (TH/s) and energy efficiency (kW/TH), enabling seamless participation in Bitcoin mining," according to a statement. The company says it has 350MW of mining capacity, including installations in Texas.

GoMining's token has a market cap of over $200 million, according to The Block Price Page.

Disclaimer: The Block is an independent media outlet that delivers news, research, and data. As of November 2023, Foresight Ventures is a majority investor of The Block. Foresight Ventures invests in other companies in the crypto space. Crypto exchange Bitget is an anchor LP for Foresight Ventures. The Block continues to operate independently to deliver objective, impactful, and timely information about the crypto industry. Here are our current financial disclosures.

© 2024 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。