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

Solana Developers Advance SIMD0112 for Improved Validator Latency

Solana developers are advancing the SIMD0112 proposal to reduce latency between validators, enhancing network performance during high activity.

user avatarRajesh Kumar

Solana Foundation Appoints New Executives to Boost Institutional Adoption

The Solana Foundation has appointed Rachel Conlan as Chief Strategy Officer and Jamal Raees as General Manager of Payments to enhance institutional adoption and expand its payments infrastructure.

user avatarMiguel Rodriguez

SpaceX Stock Breakout Discussion Heats Up

Traders are buzzing about the potential for a SpaceX stock breakout due to significant price fluctuations and upcoming stock unlocks.

user avatarLuis Flores

Uniswap v4 Hooks Achieve Milestone with 500 Registered Deployments

Uniswap v4 has reached a significant milestone with over 500 registered custom hook deployments, showcasing the active engagement of developers in the ecosystem.

user avatarArif Mukhtar

SK Hynix Stock Eyes New Highs Amid Bullish Predictions

SK Hynix stock opened at 189 on Thursday, aiming to breach the 200 level with bullish predictions from Wolfe Research, targeting 250.

user avatarMaria Gutierrez

Optimism Superchain Surpasses $14 Billion in Total Value Locked

Optimism's Superchain has recently surpassed a remarkable $14 billion in total value locked, showcasing the significant growth of its ecosystem.

user avatarDavid Robinson

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.