GoMining Expands to Solana: New Steps in Mining Industry

user avatar

by Giorgi Kostiuk

2 years ago

GoMining, a company specializing in Bitcoin hashrate tokenization, is making a significant move to the Solana blockchain with plans to launch its mining-related NFTs on the Magic Eden platform later this month.

GoMining's Transition to Solana

The well-known company GoMining, which tokenizes hashrate to offer Bitcoin rewards to individual users, announced its expansion today. As part of this move, the release of mining NFTs on the Magic Eden platform will enable users to engage with the multi-layered Solana ecosystem.

New GOMINING Capabilities on Solana

The GOMINING utility token now includes Solana functionality and can be traded as an SPL token on Solana decentralized exchanges (DEXs). This broadens the availability and applicability of the token for a wider audience.

Advantages of Hashrate Tokenization

GoMining uses hashrate tokenization as a way to allow users to earn Bitcoin rewards without investing directly in physical mining operations. Users can purchase NFTs linked to actual hashrate and earn Bitcoin rewards. According to GoMining, approximately 216,000 of these mining NFTs have already been sold.

Solana’s ecosystem is ideal for a mainstream crypto audience to engage with user-friendly BTC mining.Mark Zalan, CEO of GoMining

GoMining's initiative to add Solana support and launch NFTs highlights the growing integration of blockchain and mining technologies. It also offers users new opportunities to participate in the crypto ecosystem by choosing the network that suits them.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

Nvidia Introduces OpenShell Reference Architecture for AI Agents

Nvidia has introduced the OpenShell Reference Architecture, a design for managing autonomous AI agents, at GTC Berlin.

user avatarNguyen Van Long

OpenAI Announces $1 Billion Commitment to Cybersecurity

OpenAI announced a $1 billion commitment to enhance cybersecurity measures through its AI program, Daybreak, aimed at providing subsidized access to advanced AI tools for defenders of critical infrastructure.

user avatarSatoshi Nakamura

Elon Musk Proposes Merger of SpaceX and Tesla

Elon Musk announced that SpaceX and Tesla have formed special committees to explore a merger that could create a corporation valued at approximately $35 trillion.

user avatarJesper Sørensen

Standard Chartered to Acquire Zodia Custody

Standard Chartered has signed definitive agreements to acquire Zodia Custody Limited, enhancing its digital asset safekeeping services.

user avatarRajesh Kumar

Critical PHP Vulnerability Leads to Global Website Shutdowns

A critical vulnerability in PHP has caused panic worldwide, leading several countries to take down government websites and urging organizations to shut down their PHP-based sites.

user avatarLucas Weissmann

Probly Showcases Innovative Prediction Market Solutions at TOKEN2049

During TOKEN2049, Probly showcased its innovative approach to prediction markets, emphasizing accessibility, broad market coverage, and onchain settlement.

user avatarFilippo Romano

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.