Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $1,09 trillion. Bitcoin is up by over 2% to reach around $27,200. Ethereum increased by nearly 6% to close to $1,700. XRP gained almost 2% in value during a highly volatile week. Almost all altcoins are trading in the green, with virtually no exceptions. The DeFi sector maintains the total value of protocols (TVL)…
GoMining is a leading Bitcoin-mining enterprise offering an innovative way to mine BTC through its GoMining NFT collections. The venture boasts over 6 years of blockchain development expertise and a market capitalization of $57 million. Its goal is to help crypto and NFT enthusiasts overcome major barriers and lower the mining-entry threshold.
Formerly known as GMT, GoMining has recently rebranded to ensure better brand awareness for all its products. Its unique concept of BTC-mining NFTs opens the opportunity-laden world of crypto mining to everyone. Most importantly, users can mine without purchasing expensive equipment, maintenance, or a highly stable connection. This way, they can effortlessly invest in BTC-mining projects with high ROI.
GoMining is taking NFT use to the next level. Read on as we reveal how this cutting-edge venture works and how you can onboard it.
Bitcoin-Mining NFTs – How Do They Work?
Since its inception, GoMining has developed a proficient and reliable mining infrastructure, incorporating large Bitcoin mining rigs across nine data centers in Kazakhstan, Norway, and the UAE. Its rapidly-growing ecosystem includes various products, such as decentralized staking, the GMT token, and NFT-based mining rewards.
Recently, the venture launched “NFT by GoMining,” an NFT-centered project that easily stands apart from other non-fungible token initiatives. Notably, it enables GoMining NFT holders to mine for Bitcoin without owning a mining rig or paying for all the associated costs of BTC mining. Moreover, they can start in one day while the expert GoMining team does all the hard work.
GoMining NFT holders contribute to GoMining’s data center power capacity, currently at 350 MW. The enterprise backs all its NFTs with a considerable fleet of real devices mining for BTC at a remarkable >99% uptime rate.
GoMining NFT Collections
Besides the possibility of earning potentially high rewards, GoMining NFTs have a distinct appeal and feature unique images of mining rigs. The venture proposes three NFT collections issued on the Ethereum blockchain using the ERC-721 standard and the BNB Smart Chain using the BEP-721 standard. They include:
- The East Collection
- Khabib Collection
- The Greedy Machines VOL. 1 and VOL. 2
Each collection has 5,000 NFTs, all verifiable via Etherscan and OpenSea and tradeable on any public marketplace or via the Secondary Marketplace on the GoMining platform. Moreover, every NFT has a rarity value spurring from the combination of 11 parameters visible in the mining rig image that create their unique designs.
Two important aspects differentiate these NFTs – computing power and energy efficiency. Here are their roles in each NFT’s mining performance:
The computing power of a GoMining NFT indicates a miner’s computational resources measured in TeraHash/s (TH/s). GoMining NFTs have different levels of computing power, ranging from XS to 4XL, representing their ability to contribute to GoMining’s data center power capacity. The higher an NFT’s computing power is, the higher the rewards will be for its owner.
This parameter indicates the rational use of energy necessary to provide a specified level of computing power. Like real BTC miners, GoMining NFTs use energy for mining within a real blockchain network and pay energy fees. The more energy efficient they are, the smaller the fees. Furthermore, a highly energy-efficient NFT will have a less significant impact on the environment and provide its holder with higher rewards.
The Khabib NFT Collection
This limited collection of unique NFTs rewards holders with access to Khabib Nurmagomedov’s private club. It consists of 5,000 NFTs, each with a computing power of 29 TH and an energy efficiency of 35 W/TH. These parameters affect the number of BTC that each NFT can mine. Moreover, they have a resounding symbolism, with the computing power (29) hinting at Khabib’s consecutive victories throughout his professional fighting career.
The East Collection
This GoMining NFT Collection pays homage to the rich culture of the Middle East, where the venture has some of its data centers. All the NFTs in the East Collection have an energy efficiency of 35 W/TH, enabling holders to access the best annual profitability.
GoMining’s NFT Game
GoMining gives its NFT holders two earning avenues – solo and pool mining – via an engaging NFT game that should appeal to BTC miners, NFT collectors, and regular crypto enthusiasts.
With solo mining, users holding at least one GoMining NFT can earn daily mining rewards simply by holding onto their digital assets. Furthermore, they can build their mining farms by adding higher-performance equipment to their initial mining device.
Pool Mining allows users to mine in pools, build communities, and access various perks, such as reward multipliers of up to 256x. A mining pool on GoMining is a community of players whose combined mining power will help them generate more Bitcoin than if they were mining individually. Users can create their pools or join others’ communities.
Rewards for playing the GoMining NFT Game are distributed daily. Playing the game allows NFT holders to improve their ROI in a fun and engaging way.
How to Get Daily Bitcoin Rewards with GoMining’s NFTs
GoMining allows mining BTC with NFTs for everyone. If you want to test this innovative concept, you can enjoy 14 days of NFT Game for free and receive daily BTC rewards. You don’t even need a credit card to sign up.
During the trial period, you will receive a trial miner boosting the energy efficiency of 35 W/TH and a 1TH computing power. This offer is available to new users who have yet to own NFTs from The Greedy Machines previously.
You can start the free NFT Trial and get daily Bitcoin rewards with GoMining NFTs as if you owned a real NFT. Also, you get full access to all the Solo mining mode features of the NFT Game section and discounts on maintenance fees. The only difference is that the rewards are saved to your virtual balance.
The rewards you accumulate during your trial period will remain frozen unless you purchase an NFT. Once you buy and own a GoMining NFT, you can unfreeze and transfer them from your virtual balance to your real BTC wallet.
You can purchase a real NFT anytime and not wait for the end of the trial period. At that point, you will get a 100% discount on maintenance fees (C1 and C2) for the rest of your trial period. This discount enables you to earn up to 3 times more rewards, as maintenance fees can cut off up to 80% of the reward.
The company can deliver customized investment conditions for substantial investors, and it encourages potential partners to express their interest by filling out the contact form on their website.
Opting out of the trial period early will only entitle you to claim rewards if you buy an NFT. Additionally, you cannot resume your trial period.
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