GoMining primary mission is to democratize Bitcoin mining by offering users unique hash rate non-fungible tokens (NFTs).

We have created an easy way of mining that does not require the purchase of expensive equipment, maintenance, and connection. GoMining helps to overcome major barriers and lower the threshold for entry into mining. GoMining token itself is a crypto-asset management token and a user authentication tool in the company's system. Our tokenomics is based on Epochs, Burn & Mint cycles, and veGOMINING votes. Its main goal is to keep the number of tokens in circulation at a level where the token price will increase and the rewards will grow accordingly. Most recently, we have announced a new update for their GoMining token: the introduction of vote-escrow (ve) tokenomics. GoMining, vote-escrow tokenomics is a token-locking mechanism where users have the choice to lock tokens in exchange for future token emissions and more voting power.

GoMining 

Welcome to the Startups of the Year Winner Interview Series. Congratulations for being one of the top 3000 startups worldwide! The HackerNoon team is thrilled to know more about you! What follows is an interview with Mark Zalan, CEO of GoMining, winner of the HackerNoon Startups of the Year 2023 in the British Virgin Islands Misc, Oceania. What does it mean for you to win this title? We are pleased and gratified at the recognition of our contributions. We are constantly looking for community feedback to improve our products, and this kind of appreciation helps make our efforts worthwhile. Winning the Hackernoon community recognition is a significant indicator for us that our team is moving in the right direction. Since our product targets a fairly broad audience, the trust of the audience and feedback help us better understand user needs, and Hackernoon provides the perfect environment for addressing this task. What sets you apart from the competition? We are focused on making the superior economics of Bitcoin mining accessible to everyone.  In building products that allow our users to start mining Bitcoin within a matter of minutes and at a cost as low as $25, we are unique. The explosive customer demand we’ve seen over the past 2 years is a confirmation of that. Check out our What do you love about your team, and why are you the ones to solve this problem? \We are irreverent around challenging every assumption and traditional way of doing things.  Obviously, this can be a strength and a weakness, and if not done right, can lead to reinventing the wheel.  However, we’ve managed to maintain a healthy balance between blazing new trails and inventing a new product (that hundreds of people told us couldn’t be done), making the economics of Bitcoin mining accessible to non-industry insiders and leveraging traditional approaches that we’ve confirmed are useful in what we are trying to do. This blend of questioning the way things are and inventing new and better ways while staying practical and leveraging that which works for purpose has allowed us to offer a successful product that is posting world-class growth rates. If you weren’t building your startup, what would you be doing? My other passions are history and political science, as well as understanding how our societies function and evolved to where we are today.  In another life I would likely be lecturing at a university and writing history books. At the moment, how do you measure success? What are your core metrics? We are seeing double-digit monthly growth rates while working hard to expand the business that is profitable, positioned in the middle of an industry that is projected for staggering worldwide growth.  All of the above are how we think about success and how we want to position our ecosystem to take advantage of the global and industry trends we see for the near future.  If I had to narrow it down to one metric, it is definitely the customer growth rate, which tells us we are tackling a significant pain-point that exists for a large number of people, in a way they appreciate. Tell us how your startup is changing the world. We make the excellent economics of Bitcoin mining available to regular people. Getting a financial return with Bitcoin mining traditionally required millions of dollars in capital and highly specialized technical skills (that also cost money to develop or hire).  We’ve built a product that obfuscates that complexity and allows customers to start participating in Bitcoin mining in minutes and with as little as $25, with the first profit landing in the customer’s Bitcoin wallet the very next morning.  By lowering the barriers to entry for normal people to earn rewards, while strengthening, securing the Bitcoin network infrastructure, we make our positive impact on the world. How do you or your company intend to embrace the responsibility of this title in 2024? We believe the best way to contribute and to give back is to do what we do best, continue to innovate, while lowering barriers to entry, and to be a good citizen of the Bitcoin and broader technology community. The recognition from users and the community serves as a driving force for our continued advancement and, as I mentioned earlier, provides vital feedback on the quality of our product. What goals are you looking forward to accomplishing in 2024? We expect 2024 to be transformational for us through a variety of factors. Firstly, the Bitcoin halving will impact our business and our vertical in a significant way.  The economics will change, and the market participants will change. We’ve been preparing for this event for the past three years ensuring our business is cost optimized and as efficient as possible, as we expect this will allow us and our user community to pass through the upcoming disruption, and to be best positioned to take advantage of the changing economics following the halving.  Secondly, our user community is scaling by orders of magnitude, and we place a major focus on ensuring our support and engagement processes are peerless in creating a world-class user experience. Which trend(s) are you most excited about in 2024? Share your reasons. 2024 Is a paradigm-shifting year for the Bitcoin mining community with the ETFs and the halving taking place within three months of each other.  We are very excited to see the ways in which our industry and the broader technology space will transform to take advantage of the changes. 2023 had been another crazy year, especially in tech, with layoffs and the Generative AI takeover! Which trend are you most concerned about? Be as brief or as detailed as you like. I wouldn’t say concerned, but we are very cognizant of the pace of change. It seems things are speeding up, paradigms are shifting quickly, changes that used to take decades now take years or sometimes months. The way the world became location-independent in the past four years is very illustrative of that. We expect changes of the same scale to happen as quickly or faster going forward, so it will be important to be diligent in always learning, looking for ways to do something better, and being flexible, adjusting to take advantage of new trends, technologies, and opportunities. We don’t know what specifically those will be, five years ago, hardly anyone would have said that remote work, generative AI or Bitcoin ETFs/general institutionalization would be a thing over the next 5 years, so we don’t think it's worthwhile to predict specifics. We do think it's important to understand that changes happen quickly. They bring threats and opportunities, and figuring it out is a fun and exciting part of it. Share your biggest success so far and/or your biggest failure so far. Building a career out of always learning, developing, and pushing myself into new pursuits, taking advantage of opportunities that may have scared others off, is probably the biggest success. In terms of failure, I certainly wish I was smarter along the way, and figured out many things faster than I did! :) We would love your feedback on HackerNoon as a tech publication! How has your experience been with us? HackerNoon is an excellent platform for showcasing our technological solutions to a wide and relevant community capable of providing objective feedback. We closely monitor all materials about our product appearing on Hackernoon and pay attention to UX moments that require improvement. In a broader sense, your platform is a great place to feel the pulse of Web3, track emerging trends, and receive important insights directly from where they originate. Any words of wisdom you’d like to share with us? Not wildly original here, but the advice I most want to pass on to my children is to enjoy the journey, whatever destination one travels. This is one of the things I wish I would have figured out sooner. Welcome to the Startups of the Year Winner Interview Series. Congratulations for being one of the top 3000 startups worldwide! The HackerNoon team is thrilled to know more about you! Welcome to the Startups of the Year Winner Interview Series. Congratulations for being one of the top 3000 startups worldwide! The HackerNoon team is thrilled to know more about you! Welcome to the Startups of the Year Winner Interview Series. Congratulations for being one of the top 3000 startups worldwide! The HackerNoon team is thrilled to know more about you! What follows is an interview with Mark Zalan, CEO of GoMining, winner of the HackerNoon Startups of the Year 2023 in the British Virgin Islands Misc, Oceania. What follows is an interview with Mark Zalan, CEO of GoMining , winner of the HackerNoon Startups of the Year 2023 in the British Virgin Islands Misc, Oceania . GoMining British Virgin Islands Misc, Oceania What does it mean for you to win this title? What does it mean for you to win this title? We are pleased and gratified at the recognition of our contributions. We are constantly looking for community feedback to improve our products, and this kind of appreciation helps make our efforts worthwhile. Winning the Hackernoon community recognition is a significant indicator for us that our team is moving in the right direction. Since our product targets a fairly broad audience, the trust of the audience and feedback help us better understand user needs, and Hackernoon provides the perfect environment for addressing this task. What sets you apart from the competition? We are focused on making the superior economics of Bitcoin mining accessible to everyone.  In building products that allow our users to start mining Bitcoin within a matter of minutes and at a cost as low as $25, we are unique. The explosive customer demand we’ve seen over the past 2 years is a confirmation of that. Check out our What do you love about your team, and why are you the ones to solve this problem? \We are irreverent around challenging every assumption and traditional way of doing things.  Obviously, this can be a strength and a weakness, and if not done right, can lead to reinventing the wheel.  However, we’ve managed to maintain a healthy balance between blazing new trails and inventing a new product (that hundreds of people told us couldn’t be done), making the economics of Bitcoin mining accessible to non-industry insiders and leveraging traditional approaches that we’ve confirmed are useful in what we are trying to do. This blend of questioning the way things are and inventing new and better ways while staying practical and leveraging that which works for purpose has allowed us to offer a successful product that is posting world-class growth rates. If you weren’t building your startup, what would you be doing? My other passions are history and political science, as well as understanding how our societies function and evolved to where we are today.  In another life I would likely be lecturing at a university and writing history books. At the moment, how do you measure success? What are your core metrics? We are seeing double-digit monthly growth rates while working hard to expand the business that is profitable, positioned in the middle of an industry that is projected for staggering worldwide growth.  All of the above are how we think about success and how we want to position our ecosystem to take advantage of the global and industry trends we see for the near future.  If I had to narrow it down to one metric, it is definitely the customer growth rate, which tells us we are tackling a significant pain-point that exists for a large number of people, in a way they appreciate. Tell us how your startup is changing the world. We make the excellent economics of Bitcoin mining available to regular people. Getting a financial return with Bitcoin mining traditionally required millions of dollars in capital and highly specialized technical skills (that also cost money to develop or hire).  We’ve built a product that obfuscates that complexity and allows customers to start participating in Bitcoin mining in minutes and with as little as $25, with the first profit landing in the customer’s Bitcoin wallet the very next morning.  By lowering the barriers to entry for normal people to earn rewards, while strengthening, securing the Bitcoin network infrastructure, we make our positive impact on the world. How do you or your company intend to embrace the responsibility of this title in 2024? We believe the best way to contribute and to give back is to do what we do best, continue to innovate, while lowering barriers to entry, and to be a good citizen of the Bitcoin and broader technology community. The recognition from users and the community serves as a driving force for our continued advancement and, as I mentioned earlier, provides vital feedback on the quality of our product. What goals are you looking forward to accomplishing in 2024? We expect 2024 to be transformational for us through a variety of factors. Firstly, the Bitcoin halving will impact our business and our vertical in a significant way.  The economics will change, and the market participants will change. We’ve been preparing for this event for the past three years ensuring our business is cost optimized and as efficient as possible, as we expect this will allow us and our user community to pass through the upcoming disruption, and to be best positioned to take advantage of the changing economics following the halving.  Secondly, our user community is scaling by orders of magnitude, and we place a major focus on ensuring our support and engagement processes are peerless in creating a world-class user experience. Which trend(s) are you most excited about in 2024? Share your reasons. 2024 Is a paradigm-shifting year for the Bitcoin mining community with the ETFs and the halving taking place within three months of each other.  We are very excited to see the ways in which our industry and the broader technology space will transform to take advantage of the changes. 2023 had been another crazy year, especially in tech, with layoffs and the Generative AI takeover! Which trend are you most concerned about? Be as brief or as detailed as you like. I wouldn’t say concerned, but we are very cognizant of the pace of change. It seems things are speeding up, paradigms are shifting quickly, changes that used to take decades now take years or sometimes months. The way the world became location-independent in the past four years is very illustrative of that. We expect changes of the same scale to happen as quickly or faster going forward, so it will be important to be diligent in always learning, looking for ways to do something better, and being flexible, adjusting to take advantage of new trends, technologies, and opportunities. We don’t know what specifically those will be, five years ago, hardly anyone would have said that remote work, generative AI or Bitcoin ETFs/general institutionalization would be a thing over the next 5 years, so we don’t think it's worthwhile to predict specifics. We do think it's important to understand that changes happen quickly. They bring threats and opportunities, and figuring it out is a fun and exciting part of it. Share your biggest success so far and/or your biggest failure so far. Building a career out of always learning, developing, and pushing myself into new pursuits, taking advantage of opportunities that may have scared others off, is probably the biggest success. In terms of failure, I certainly wish I was smarter along the way, and figured out many things faster than I did! :) We would love your feedback on HackerNoon as a tech publication! How has your experience been with us? HackerNoon is an excellent platform for showcasing our technological solutions to a wide and relevant community capable of providing objective feedback. We closely monitor all materials about our product appearing on Hackernoon and pay attention to UX moments that require improvement. In a broader sense, your platform is a great place to feel the pulse of Web3, track emerging trends, and receive important insights directly from where they originate. Any words of wisdom you’d like to share with us? Not wildly original here, but the advice I most want to pass on to my children is to enjoy the journey, whatever destination one travels. This is one of the things I wish I would have figured out sooner.

Meet GoMining: Winner of the Startups of the Year, British Virgin Islands 

Greetings! Welcome to the results announcement of the HackerNoon in partnership with GoMining. The contest was held from January 1st to Jan 31st on the topics of - unraveling its history, dissecting its mechanics, and forecasting its future! We thank you all for participating in the contest and making it a success. We appreciate your participation!!! Bitcoin Mining Writing Contest #bitcoin-mining The Bitcoin Mining Writing Contest: Finalists by . The Terraforming of Bitcoin: A Speculation on Viable Planetarity @espectaculativo by . Hash Rate Analysis Projections: Why Bitcoin Should Embrace Quantum Information Science @maken8 by . Is It the End of BTC Mining? @induction by . Much Ado About Bitcoin Halving @juxtathinka by . 21M Bitcoins/2.1 Quadrillion Satoshis @maken8 by . Bitcoin Mining: The Past, The Present, and What’s Next? @emmanuelaj by . Craig Wright And The Bitcoin Supercomputer Fraud @mylegacykit by . Is Bitcoin Mining Dead? GoMining and NFTs Say "Not So Fast!" @normbond by . No Power Grid? This African Village Mines Bitcoin for Electricity @antagonist 🏆 …and the winner of the Bitcoin Mining Writing Contest is: https://hackernoon.com/hash-rate-analysis-projections-why-bitcoin-should-embrace-quantum-information-science?embedable=true Well-deserved, ! You have won $1000! @maken8 Here are the next steps to claim your prize: Please contact yes-reply@hackernoon.com and sidra@hackernoon.com using the email ID attached to the winner's HackerNoon account. We will validate your claim and share a form requesting your bank details for reward distribution. You will receive your winnings in 2-4 weeks after filling out the form. Please note that you must contact us within 60 days after the winners’ announcement date. Message from Sponsor GoMining is happy to sponsor the Bitcoin Mining Writing Contest in partnership with HackerNoon. GoMining is a global bitcoin mining company operating nine data centers across the globe. Mine BTC with GoMining NFTs, backed by real computing power, and unlock daily rewards. . Start your free trial period today The HackerNoon writing contests primarily aim to celebrate quality content and recruit educational stories for our community. We congratulate all the finalists. However, the Editorial team can ban a writer and/or disqualify a story if we find any misconduct like plagiarism, use of AI, copyright infringement, or disinformation. Visit to learn more about running and upcoming contests. contests.hackernoon.com P.S. We have new contests for you with $10,000 in prizes!

The Bitcoin Mining Writing Contest  by GoMining: Results Announced! 

GoMining দ্বারা বিটকয়েন মাইনিং রচনা প্রতিযোগিতা: ফলাফল ঘোষণা!

Der Bitcoin-Mining-Schreibwettbewerb von GoMining: Ergebnisse bekannt gegeben!

El concurso de escritura sobre minería de Bitcoin de GoMining: ¡se anuncian los resultados!

Le concours d'écriture Bitcoin Mining de GoMining : résultats annoncés !

गोमाइनिंग द्वारा बिटकॉइन माइनिंग लेखन प्रतियोगिता: परिणाम घोषित!

GoMining によるビットコイン マイニング ライティング コンテスト: 結果発表!

GoMining의 비트코인 채굴 글쓰기 콘테스트: 결과가 발표되었습니다!

Concurso de redação sobre mineração de Bitcoin da GoMining: resultados anunciados!

Конкурс писателей по майнингу биткойнов от GoMining: объявлены результаты!

GoMining'in Bitcoin Madenciliği Yazma Yarışması: Sonuçlar Açıklandı!

Cuộc thi viết về khai thác Bitcoin của GoMining: Công bố kết quả!

GoMining 比特币挖矿写作大赛：结果公布！

In the early days, you could mine Bitcoin with your home computer. Miners who were able to hold onto their financial rewards are worth millions. Today, your chances of finding a block solo are . That's like winning the lottery ten times in a row. The odds of making a profit are tiny. roughly 1 in 57.6 trillion Most mining happens in warehouses or mining farms, not home computers or laptops. Large mining farms with specialized ASIC (Application-Specific Integrated Circuit) miners dominate the network. These ASICs can be 100,000 times more efficient than CPUs. Large-scale operations are squeezing out individual miners in the current crypto landscape. Buckle up as we explore GoMining and NFTs. These disruptive technologies are shaping tomorrow's Bitcoin mining landscape. It seems opportunity is knocking, So how can crypto enthusiasts and investors get in on the crypto-mining action? Get Ready To Discover the history of Bitcoin mining. Unravel the mystery of Proof-of-Work. Meet GoMining, the innovative platform democratizing Bitcoin mining with LBH. Learn how NFTs are changing the game. Take action and put mining power in your hands (and your wallet). This is your chance to ditch the outdated and embrace the future. Whether you're a seasoned miner or a curious newcomer, grab your virtual pickaxe. It's time to dig into the exciting world of Bitcoin mining 2.0! Disclaimer: Your mileage may vary, but the potential is definitely there. Unraveling the History of Bitcoin Mining Bitcoin mining started in 2009 with the Genesis Block mined by Satoshi Nakamoto. This was exciting because it introduced a decentralized way to confirm transactions. This power forever changed the face of monetary practices. Mining and confirming transactions in the world of cryptocurrency have a magical quality. They prevent the risk of spending the same money twice. This essential function is the key to the Bitcoin protocol. It paved the way for what we call "trustless transactions." With blockchain and Bitcoin, you don't need a third party to confirm a transaction. Imagine you're a merchant in Singapore who wants to sell a product or service to a customer in San Francisco. You've never met. How do you know if his money is good? You need a third party, like a bank or credit card company to confirm the funds are available and real. Bitcoin removes this need because the transaction is confirmed on the blockchain. This is a disruptive concept. It changes the way information gets shared and business happens. The buzz around bitcoin and blockchain is all about cutting out the middleman. Bitcoin prices climbed through 2016 to over $900 by the end of the year. In 2017, Bitcoin's price hovered around $1,000 until it broke $2,000 in mid-May and then skyrocketed to $19,345.49 on Dec. 16. The word was out. Mainstream investors, governments, economists, and scientists took notice. The popularity of crypto boomed among tech bros and speculative investors. The hype started attracting more miners into the space. The rapid growth intensified computational requirements. “ ” said the Notorious B.I.G. One problem for Bitcoin was slow transaction speeds. Mo Money Mo Problems, Too many transactions were getting crammed onto the network. It's like driving home in rush hour. Lots of cars on a narrow road at the same time. How can we fix this? Hey, it's code. Software updates allowed for bigger blocks. This is like adding more lanes to the narrow road. And it helped somewhat, but it also created other issues. More complex software needs to run on higher-end hardware. Mining shifts from CPU (Central Processing Units) to GPU (Graphic Processing Units). As demand continued to increase, specific mining solutions emerged. Meet sophisticated ASICs (Application Specific Integrated Circuits). Such advanced hardware enabled faster hash rate processing capabilities. But the progress created huge economic costs. Today mining farms house thousands of ASICs. Their high energy consumption makes mining more resource-intensive. It also increases the impact on the environment. Decrypting the Traditional Mining Process and the Role of Proof-of-Work Bitcoin mining requires dedicated physical machinery. ASICs operate around the clock to decipher cryptographic puzzles. These chips form the brains of the operation, designed only for Bitcoin mining. They deliver unmatched hashing power and efficiency compared to general-purpose hardware. And their energy consumption is unbelievable. What is a Bitcoin Mining Rig? Imagine a high-powered computer, humming away in a room with very low light. Your eyes strain to see more than the flashing blue, red, and green indicators. Fans are whirring. This isn't your average gaming computer. It's a bitcoin mining rig. This specialized machine has one purpose. Cracking complex math problems at lightning speed. These rigs are the workhorses of the Bitcoin network. They compete against each other, racing to solve these problems first. The winner gets a juicy reward: a block of bitcoins. A Bitcoin mining rig requires immense processing power. Where are mining farms located? Think of areas where climates are cool and electricity costs are low. What Is Proof-of-Work? The technical magic fueling Bitcoin’s operation is the “Proof-of-Work” consensus algorithm. It creates an environment where participants compete to solve complex puzzles. The rules are specific. They make altering transactions confirmed earlier almost impossible. The first miner to crack the puzzle gets rewarded with minted bitcoins. Plus, they snag the accruing transaction fees. But change is coming for miners. The current block reward of 6.25 bitcoin is being chopped in half in April 2024. This will impact the wallets of miners worldwide. Remember, these rewards play a major role in their profitability. It's like the cherry on top of their mining sundae. Slicing it in half impacts how they can mine that digital gold. Exploring Innovations: Introducing the GoMining Platform The crypto world is always expanding. Use cases matter a lot. The GoMining platform distinguishes itself by redefining Bitcoin mining mechanisms and practices. They use their own powerful computers to mine bitcoins. Then they divide up all the daily mining rewards into NFTs. By representing specific amounts of bitcoin via NFTs, users can trade or hold them. The company has already mined 38,000 BTC. GoMining has nine data centers across the world that mine Bitcoin. Since 2017, they have been building their operations and growing. Their website shows they have 18,911 NFT holders and sold 48,799 NFTs. This is an innovative project. The focus is on user experience, energy efficiency, and environmental sustainability. Plus, it offers a unique passive income opportunity for investors globally. The GOMINING token is what fuels the GoMining economy. Like gas in a car, GOMINING “powers” GoMining’s NFTs, governance processes, and rewards distribution systems. GoMining brings you tradable LBH NFTs. This opens the door to liquid bitcoin hash rate and the benefits of virtual assets with a bonus. Harnessing the Power of Liquid Bitcoin Hashrate (LBH) Tokens LBH tokens increase the democratization of the cryptocurrency space. These innovative developments are opening up a . new avenue within cryptocurrency investments Imagine being a new crypto enthusiast. Your eyes gleam with at the ever-evolving blockchain world. You've heard of bitcoin mining. But you feel locked out. excitement Remember those powerful mining rigs? They’re out of your reach. It looks like your Bitcoin mining opportunity is floating in a galaxy far away. But wait. Here’s the good news. LBH tokens are here to break down that barrier. You've found a secret backdoor into this lucrative opportunity. LBH tokens can be bought, sold, and, due to its properties, allow holders to mine bitcoin every day. Unlike traditional mining, you don't need to do anything at all for this. Forget grappling with complex setups or investing in expensive hardware. LBH tokens act like little digital mining licenses. Hold them? Now, you're renting out a share of a high-powered mining rig without lifting a finger. Think of it like joining a mining co-op. You pool your resources with others. Then a dedicated team takes care of all the technical heavy lifting. You reap the rewards. Users invest and mine bitcoins without active participation or extensive technical know-how. GoMining redefines what it means to invest in crypto. The company brings BTC mining profits within everyone's reach. GoMining's Revolution in Bitcoin Mining GoMining distinguishes itself by incorporating NFTs and LBH into its operations. There are plenty of cornerstones underpinning its potential. But these innovative technologies make GoMining shine. The company is demystifying the complexities around Bitcoin mining. This means more people can take part in this lucrative industry. It encourages broader participation. It promotes decentralization. GoMining provides an accessible platform for both experienced and novice crypto enthusiasts. The future of the crypto space continues to evolve. Bitcoin mining will see more technological advancements. The spot Bitcoin ETF has increased institutional participation. We can expect a greater demand for environmentally friendly practices. New regulatory frameworks will develop around the world. Now, imagine if everyone has access to these new digital asset opportunities. Without the overwhelming complexity. To get started, visit the GoMining website and . Put your toes in the water, or take a deep dive into the new wave of Bitcoin mining. create a 7-day free NFT

Is Bitcoin Mining Dead? GoMining and NFTs Say "Not So Fast!"

বিটকয়েন মাইনিং কি মৃত? GoMining এবং NFTs বলে "এত দ্রুত নয়!"

Ist Bitcoin-Mining tot? GoMining und NFTs sagen „Nicht so schnell!“

¿Está muerta la minería de Bitcoin? GoMining y NFT dicen "¡No tan rápido!"

Le minage de Bitcoin est-il mort ? GoMining et les NFT disent « Pas si vite ! »

क्या बिटकॉइन माइनिंग ख़त्म हो गई है? गोमाइनिंग और एनएफटी कहते हैं "इतनी जल्दी नहीं!"

ビットコインマイニングは終わったのか？ GoMining と NFT は「それほど速くない!」と言う

비트코인 채굴은 죽었는가? GoMining과 NFT는 "그다지 빠르지 않다!"라고 말합니다.

A mineração de Bitcoin está morta? GoMining e NFTs dizem “Não tão rápido!”

Биткойн-майнинг мертв? GoMining и NFT говорят: «Не так быстро!»

Bitcoin Madenciliği Öldü mü? GoMining ve NFT'ler "O Kadar Hızlı Değil!" Diyor

Khai thác Bitcoin có chết không? GoMining và NFT nói "Không nhanh như vậy!"

比特币挖矿已经死了吗？ GoMining 和 NFT 说“没那么快！”

Bitcoin (BTC) was the first cryptocurrency to be created and, over the years, has maintained its relevance and value in the crypto space. Like other cryptocurrencies, you can easily purchase BTC from exchanges like and . However, a more traditional way of acquiring BTC is by mining. Binance Coinbase Mining uses computational power to solve complex mathematical problems that validate transactions on the blockchain. In return for this service, miners are rewarded with BTC. This mining process is usually tedious and expensive as it requires a lot of computational power and electricity. You'd need a mining rig (high-end computers) with a high hash rate and a lot of electricity to mine BTC. However, there is a way to mine BTC without spending much money on mining rigs and electricity. This is where Gomining comes in. Gomining is a BTC mining platform that allows you to mine BTC by purchasing NFTs. They allow you to enjoy the benefits of mining without spending much on mining rigs and electricity. All you need to do is purchase an NFT, and mining begins 24 hours after your purchase. In this article, you'll understand BTC mining while dissecting the conventional way of mining BTC. Additionally, you'll learn how to mine BTC with NFTs using the Gomining platform. What is BTC mining? Bitcoin mining is the process through which new bitcoins are generated, and transactions are securely added to the blockchain. When someone makes a Bitcoin transaction, the mining process gets triggered and broadcasted to a network of nodes (also known as miners). These miners collect and bundle these transactions into blocks every 10 minutes. Each block contains a list of transactions, a timestamp, and a reference to the previous block. To add a block to the blockchain, miners must solve a complex mathematical puzzle. Miners compete against each other to be the first to solve the puzzle. The first one to solve this puzzle broadcasts the solution to the entire network. Other miners quickly verify the solution, and the new block is added to the blockchain if it's correct. As a reward for their efforts, the successful miner receives a certain number of newly created bitcoins. This is known as the block reward. The block reward is halved every 210,000 blocks (roughly every four years). The current block reward is . 6.25 BTC This entire process ensures the security and integrity of the Bitcoin network. The difficulty of the mathematical puzzles adjusts over time to maintain a consistent rate of block creation. This means that the more miners there are, the more difficult it is to solve the puzzle. What is an NFT? NFTs, or Non-Fungible Tokens, are like digital certificates of ownership for unique items in the online world. Think of them as a kind of special, digital collector's item. Unlike regular cryptocurrencies, each NFT is distinct and can represent digital art, music, videos, or even virtual real estate. When you own an NFT, you're not just owning a file; you're holding a digital asset with provable ownership, thanks to the underlying blockchain technology. This technology acts like an unforgeable certificate, ensuring your ownership is transparent, secure, and permanently recorded. Unlike traditional cryptocurrencies like Bitcoin, where each unit is the same as the next, NFTs are one-of-a-kind. They carry a unique identifier, making them distinguishable from any other token. How to mine BTC with NFTs You've learned about the conventional BTC mining procedure and how it requires a lot of computational power and electricity. You've also learned about NFTs and how they can be used to represent digital assets. You may be wondering how NFTs can be used to mine BTC. Well, stop because Gomining already figured that out. What is Gomining? is the future of BTC mining. It is a BTC mining platform that allows you to mine BTC daily without spending tons of electricity. All you need to do is acquire an NFT, and mining begins 24 hours after your purchase. Gomining This platform has nine data centers worldwide, with bitcoin-mining equipment running 24/7. A team of experts maintains this equipment, which is constantly upgraded to ensure maximum efficiency. When you purchase an NFT from Gomining, you're not just acquiring a digital collectible; you're gaining a share of the power generated by their real mining machines. These NFTs represent a portion of the total energy and computational capacity, giving users a stake in the mining process. In the world of NFTs, Gomining has redefined the game. They introduce the concept of through NFTs. Liquid Bitcoin Hashrate (LBH) Unlike traditional NFTs limited to digital art, Gomining's NFTs represent a share of the liquid Bitcoin hash rate, allowing holders to mine Bitcoin passively daily without any active involvement. How does the Gomining platform work? Gomining connects specialized mining equipment to their data centers, a process managed by their professional team. Instead of users dealing with the complexities of mining, Gomining simplifies the entire process by creating NFTs that mirror the properties of real mining equipment. Each NFT corresponds to a specific amount of power (TH/s) and energy efficiency (W/TH) tied to a real miner in one of their data centers. By purchasing an NFT, users essentially acquire a portion of a real miner's capabilities, entitling them to daily Bitcoin rewards. The more powerful the NFT, the more mining capacity it represents. Gomining provides a straightforward and profitable way to mine Bitcoin. Your NFTs generate profits the day after purchase, eliminating the need for individual equipment maintenance. Additionally, Gomining claims to offer the lowest electricity prices required for mining BTC, making it an attractive entry point with NFT prices starting at around . $30 Steps to start mining BTC with Gomining NFTs The following steps will guide you on how to mine BTC with NFTs on the Gomining platform. This tutorial will use the free NFTs provided by Gomining to demonstrate the process. Step 1: Create a Gomining account To create a Gomining account, follow the steps below: Visit the and click on the button. official Gomining website Get Started You'll be redirected to the NFT marketplace. Click on the button to create an account. Get Started You can use your email address or a custodial wallet like Metamask to sign up. After this, you'll need to verify your email address. Click the verification link sent to your email address to verify your account. Step 2: Sign up for the free NFT trial After creating your account, you'll need to sign up for the free NFT trial. This will allow you to mine BTC for free for seven days. To sign up for the free NFT trial, follow the steps below: Navigate to the section of the Gomining website and click on the option. NFT Game Game Click on the of the pop-up that appears. Start for Free button Step 3: Watch your NFT mine BTC Once your trial begins, you can see your NFT in your Gomining wallet. To view your NFT, navigate to the tab on the left side menu and select the option. My NFT NFT miners To view your total rewards earned from your NFT, you can navigate to the tab under the section. Dashboard My NFT You will only see your rewards after 24 hours of purchasing your NFT. Although this is just a trial NFT, you can follow the same process to purchase a real NFT and start mining BTC. The Gomining platform offers various NFTs with different hash rates and prices. You can purchase an NFT that suits your budget and start mining BTC. Conclusion In this article, you've learned about BTC mining and how it requires a lot of computational power and electricity. You've also learned about NFTs and how they can be used to represent digital assets. Finally, you've learned to mine BTC with NFTs using the Gomining platform. You can now start mining BTC without spending much money on mining rigs and electricity.

How to Mine Bitcoin Using NFTs With GoMining

New year, brand new writing contest! Welcome to the Bitcoin Mining Writing Contest by GoMining and HackerNoon. This is your chance to share your Bitcoin Mining story in January and win 1,000 USDT!  You are encouraged to write a great piece on - unravel its history, dissect its mechanics, and forecast its future! #bitcoin-mining Whether you're working on the environmental impact of bitcoin mining, charting the evolution of mining hardware, or envisioning the role of mining in the years to come, this contest invites you to contribute your unique thoughts, ideas, insights, and experiences. We encourage you to explore the and discuss the role of NFTs and  Liquid Bitcoin Hashrate (LBH) in Bitcoin Mining. GoMining platform Need more ideas to write on? Click on to see some suggestions. See stories on the tag for more ideas and inspiration. this template #bitcoin-mining About GoMining GoMining is a global bitcoin mining company operating nine data-centers across the globe. Mine BTC with GoMining NFTs, backed by real computing power, and unlock daily rewards. . Start your free trial period today The Bitcoin Mining Writing Contest: Rules & Guidelines You must be 18+ to enter. Story content can be any original story on . bitcoin-mining You must create a HackerNoon account, as winners will be contacted via email. Your submission should fulfill our editorial guidelines. Can I write under a pen name? Yes! You can use your real name on your HN profile or even create a persona to write under. How do I enter the contest? Connect your HackerNoon account with your Web3 wallet. Details . here Log into HackerNoon with your Web3 wallet to submit your entry. Click on to enter the contest. this template Write your piece and ensure it aligns with the chosen topic. Hit the submit button! How long will the contest run? Jan 1st - Jan 31st, 2024 Round 1: Feb, 2024 Winner Announcement: Can I submit more than one entry to the contest? Of course you can! Each story submission shall be considered a new entry into the writing contest. Is there a word limit for the submissions? Our minimum requirement is 500 words. There’s no upper limit. You can use as many words to share your story. Can you use AI to write a story? Sure, you can! We will notice it, though, and you will be disqualified 😇 Humans can write beautifully - and we can’t wait to read beautiful human submissions. How are the winners selected? We’ll take the top 10 story submissions, factoring in originality, relevance, reads, and reading time. Those ten stories will be voted on by HackerNoon staff and experts, and the top story with the most votes will win. You can use . this template to enter the Bitcoin Mining Writing Contest We are waiting for your submissions. All the best, hackers! Visit contests.hackernoon.com to keep updated with the new and upcoming writing contests.

The Bitcoin Mining Writing Contest by GoMining 

GoMining দ্বারা বিটকয়েন মাইনিং লেখার প্রতিযোগিতা

Der Bitcoin-Mining-Schreibwettbewerb von GoMining

El concurso de escritura sobre minería de Bitcoin de GoMining

Le concours d'écriture Bitcoin Mining par GoMining

गोमाइनिंग द्वारा बिटकॉइन माइनिंग लेखन प्रतियोगिता

GoMining によるビットコイン マイニング ライティング コンテスト

GoMining의 비트코인 채굴 글쓰기 콘테스트

O Concurso de Escrita sobre Mineração de Bitcoin da GoMining

Конкурс писателей по майнингу биткойнов от GoMining

GoMining'in Bitcoin Madenciliği Yazma Yarışması

Cuộc thi viết về khai thác Bitcoin của GoMining

GoMining 举办的比特币挖矿写作比赛

Hey Hackers, has been nominated in HackerNoon's annual Startup of the Year awards in BVI. GoMining Please vote for us ! here Read more about us below to understand why we deserve your vote. Meet GoMining GoMining is the game-changer in the world of crypto mining! Our mission is to provide people with a simple, affordable, and profitable way to participate in Bitcoin mining through our innovative NFT mining model. With GoMining, anyone can easily purchase NFTs representing miners and enjoy daily Bitcoin payouts directly to their wallets. Gone are the days of inaccessible mining due to high entry costs and complex operations – we are here to make mining a lucrative opportunity for all! What sets GoMining apart is our commitment to democratizing the mining industry. By leveraging NFTs, we have created a user-friendly platform that eliminates the need for expensive equipment and technical expertise. Our seamless interface allows anyone to engage in mining and enjoy the consistent profits that come with it. Our Role As the GoMining team, we are developing and implementing our groundbreaking NFT mining model and utility token, GOMINING Token. As part of our ecosystem, GOMINING offers multiple benefits to users, including discounts when purchasing NFT miners, paying for service and electricity, access to our mining game, and participation in the governance of the GoMining platform based on GOMINING holdings. GOMINING holders have the power to participate in important decisions, such as platform upgrades, fee structures, and new features, giving them a voice and actively shaping the future of Bitcoin mining. Through our tokenomics, we strive to create a community-driven ecosystem that fosters collaboration and ensures the best interests of our users are represented. How We're Improving the Bitcoin Mining Industry At GoMining, we continuously strive to improve the crypto-mining industry by introducing innovative solutions that enhance accessibility and efficiency. In addition to our NFT mining model, we are excited to introduce the Liquid Bitcoin Hashrate Protocol, a groundbreaking development that revolutionizes the mining landscape. With the Liquid Bitcoin Hashrate Protocol, we are introducing a new way to optimize the utilization of mining equipment. This protocol comes with several benefits for participants in the mining ecosystem. It offers an avenue for those who don't own mining equipment to benefit from the mining process by purchasing hashrate tokens. It also enables existing miners to monetize their unused hashrate, reducing idle resources and maximizing profitability. This innovation adds an additional layer of efficiency and accessibility to the mining industry. Our mission is to empower users with the tools and opportunities they need to succeed in the ever-evolving crypto world while making it more accessible and cost-efficient for individuals of all backgrounds to participate in and benefit from the potential of cryptocurrency mining! What Makes Us Stand Out Besides Liquid Bitcoin Hashrate, what sets GoMining apart is our comprehensive ecosystem built around GOMINING Token. With GOMINING, users can access various perks and rewards within our platform. GOMINING grants holders participation in the governance of the GoMining ecosystem. This means GOMINING holders have a voice in important decisions such as platform upgrades, fee structures, and new features. From discounted NFT purchases to bonus payouts and participation in governance decisions, GOMINING holders are at the heart of the GoMining community. Our commitment to providing a seamless interface between humans and digital currencies reinforces our mission to make mining accessible and lucrative for all. Our Thoughts on the Bitcoin Mining Industry in 2023 As a bitcoin mining industry professional, we have evaluated the current state of the crypto and bitcoin mining industry based on various sources. The industry is currently experiencing both challenges and opportunities. One concern raised in discussions is the potential risk faced by medium and small bitcoin miners, particularly due to the increasing electricity costs and the competitiveness of larger mining operations. However, it is important to note that despite a challenging market, bitcoin miners have shown resilience and can navigate through these difficulties. Looking ahead to 2023 and beyond, the profitability of crypto mining will continue to be a significant consideration. The profitability of crypto mining in 2023 raises important points about factors such as the efficiency of mining hardware, electricity costs, and the price of cryptocurrencies. While predicting the exact outcome is challenging, if these factors are managed effectively, and there is continued growth in the adoption of cryptocurrencies, mining can still be profitable. Furthermore, indications of a new bullish cycle in the bitcoin market suggest potential positive changes ahead. Reports of a significant increase in bitcoin's value and gains of up to 70% have provided optimism for the industry. This aligns with the discussion on whether we will witness another Bitcoin bull market in 2023. While no one can predict the future with certainty, the positive sentiment and bullish indicators suggest that there is potential for a price surge in the coming years. The involvement of financial giants is another indication of the increasing interest and legitimacy of Bitcoin mining. Big investments not only contribute to the growth and development of the industry but also signify the confidence and potential opportunities that exist within the crypto-mining space. Why we decided to participate in HackerNoon's Startup of the Year awards We decided to participate in HackerNoon's Startup of the Year Awards because it is an incredible opportunity for GoMining to showcase our groundbreaking NFT mining model and its impact on the crypto mining industry. At GoMining, we are revolutionizing mining by making it more accessible and profitable for individuals. By participating in this event, we have the chance to connect with industry experts, gain exposure, and attract potential investors who are aligned with the values and vision of the Web 3 ecosystem. We are excited to be part of the HackerNoon community and share our innovative approach to mining with a wider audience. Final Thoughts GoMining is the ultimate startup to watch, use, and invest in. With our disruptive NFT mining model, we are revolutionizing the crypto mining industry, making it accessible, user-friendly, and profitable. Our platform is designed with simplicity in mind, ensuring a seamless experience for users of all backgrounds. Through the power of the GOMINING Token, we offer a unique opportunity for investment with the potential for high returns. Join us as we redefine the future of mining, empower individuals to participate, and pave the way for a new era of financial growth. Take advantage of being part of the GoMining success story - it's time to mine and thrive together Gomining is nominated as Startup of the Year in British Virgin Isles, Vote for us today!

How GoMining Democratizes the Mining Industry

কিভাবে GoMining খনির শিল্পকে গণতান্ত্রিক করে তোলে

Wie GoMining die Bergbauindustrie demokratisiert

Cómo GoMining democratiza la industria minera

Comment GoMining démocratise l’industrie minière

गोमाइनिंग कैसे खनन उद्योग का लोकतंत्रीकरण करती है

GoMining はどのようにして鉱業を民主化するのか

GoMining이 광산업을 민주화하는 방법

Como GoMining democratiza a indústria de mineração

Как GoMining демократизирует горнодобывающую промышленность

GoMining Madencilik Sektörünü Nasıl Demokratikleştiriyor?

Cách GoMining dân chủ hóa ngành khai thác mỏ

GoMining 如何使采矿业民主化

The Noonification: The Bitcoin Mining Writing Contest by GoMining  (1/14/2024)

In the popular imagination, Bitcoin mining is like digging in the Copernicus Crater–as daunting as a lunar mission. The costliness and technical demands of the enterprise dissuade many from plunging into this lucrative endeavor. Yet, this was not always the case. How did we get here, and where are we going? In the beginning, the puzzles were easy. All you needed was a PC with a standard CPU. Back then, you received 50 Bitcoins (BTC) for successfully adding a block to the network. The potential value of Bitcoin was not widely recognized. 50 BTC, hardly worth a penny then, is now worth over 2 million USD. Of course, few could foresee the valuation Bitcoin would eventually garner. Case in point: Laszlo Hanyecz, who bought two pizzas for 10,000 BTC. He claims he has no regrets, but most (understandably) balk at this claim. As demand climbed and competition between miners intensified, basic CPUs would no longer suffice. They were first replaced by GPUs, which could keep the BTC rolling in by bringing more power to the table. GPUs (Graphics Processing Units) were now quickly cracking the increasingly difficult puzzles posed by the blockchain. This epoch also saw a shift towards communal mining, as mining pools formed to leverage their combined resources to improve their odds of all parties benefiting. Alongside Bitcoin’s swiftly ascending price, mining would continue to evolve, albeit in a punctuated fashion. Only 2 years after the Genesis Block was added to Bitcoin’s ledger, a third generation of hardware would come, FPGAs. Field Programmable Gate Arrays (FPGAs) brought more precision, as they allowed hardware and software to be customized to optimize the process. Miners could add custom code to juice up their virtual drill rigs to extract what was now digital gold. The downside was that the venture became more specialized, expensive, and intensive, a trend that continues up to the present. But with the price of a single Bitcoin at $5 in 2011, it was worth it, even to those who did not anticipate further growth. The First Halving The following year would witness BTC’s first halving. Now miners would only earn 25 BTC for adding a block. 2013 would see a watershed innovation with the introduction of Application-Specific Integrated Circuits (ASICs). Unlike their predecessors, they were devised specifically to mine Bitcoin. Unsurprisingly, the network's hashing power spiked tremendously when ASICs entered the fray. The advent of ASICs ushered in an ongoing arms race for the latest and greatest. Chip size has steadily decreased, allowing efficiency to escalate. But what about now? Let’s Go Mining As BTC became still more sought after, mining farms—operations that house a plethora of ASICs–sprung up wherever electricity was cheap and plentiful. All of this has made it exceedingly difficult for the lone miner to prosper. However, a solution is at hand. is a platform where users can purchase NFTs to own a portion of a sophisticated mining farm. This is a way to re-democratize Bitcoin mining. team of experts handles the tech-intensive tasks needed to excel in the contemporary landscape, taking care of all the required programming and upkeep. GoMining GoMining’s This gives casual users a way to be gainfully involved in the mining process. But the platform is just for newcomers. not It is also a welcome relief for those who have the desire (but not the time or capital) to invest in a Bitcoin farm, as it obviates the headaches that come with implementation and maintenance. By drastically lowering barriers to entry, is making mining accessible again; this could alter the ownership landscape. The democratization of Bitcoin mining could lead to a more diverse group of miners and potentially a more stable network. GoMining This diversity is crucial, as the concentration of mining power in the hands of a few large players has long been at odds with the decentralized ethos behind blockchain. Thanks to , Bitcoin has come full circle. GoMining

The New Secrets of Successful Bitcoin Miners

GoMining

gmt.io

201-500 employees

Since 2017

COMPANY RANKING

GOMINING

EVERGREEN INDEX #368

GoMining WIKI

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GoMining

gmt.io

201-500 employees

Since 2017

COMPANY RANKING

GOMINING

EVERGREEN INDEX #368

RELATED COMPANIESRANK

STORIES ABOUT GOMINING

GoMining WIKI

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