As the Bitcoin halving event scheduled for April 2024 approaches, GoMining, a Bitcoin mining company, has introduced a simplified method for individuals to join the mining process without the complexities of traditional hardware-based mining.
Gone are the days when a standard laptop was sufficient for Bitcoin mining. As the April Bitcoin halving draws near, the difficulty of BTC mining, which measures the difficulty of creating new BTC, reached record highs in mid-March with 83 trillion hashes. This refers to the amount of processing and computing power contributed to the network through mining.
The rising costs of Bitcoin mining hardware, coupled with the increasing difficulty, create a barrier for individuals who wish to participate in shaping the future of money. The focus of the discussion around Bitcoin mining for individuals has shifted from expensive hardware and cheap electricity to finding simplified solutions that reduce costs and mitigate risks.
GoMining, a Bitcoin mining provider, known for its innovative Liquid Bitcoin Hashrate (LBH) protocol, has introduced a flexible and gamified approach to BTC mining. It attributes its computing power to non-fungible tokens (NFTs) with real-world value.
With a fleet of in-house BTC mining devices, GoMining NFTs offer an instant and straightforward way for individuals to start mining. GoMining, a member of the Bitcoin Mining Council, distributes daily mining rewards from its nine data centers in various countries to holders of GoMining NFTs in proportion to their chosen mining power and energy efficiency.
To ensure seamless access to daily BTC mining on a global scale, GoMining has launched the Mine Box Collection, which features a new miner generation logic. Instead of offering fixed computing power and energy efficiency attributes, Mine Box NFTs can be fully scaled, ranging from 1 to 5,000 terahashes per second.
Once the initial mining power is selected, users can pay with Tether (USDT), GOMINING tokens, or any available fiat payment method to receive an exclusively crafted NFT.
Mine Box NFTs have an energy efficiency level of 35 W/TH, which can be upgraded to 20 W/TH, comparable to the most modern ASICS on the market. The platform also provides users with advanced analytics, including a historical data-based mining calculator, available whenever a BTC miner is purchased or upgraded.
For users who prefer predictable results and want to avoid volatility risks, GoMining offers a Bitcoin mining route that provides a lifetime ownership of a real share of Bitcoin mining power through NFTs that distribute daily rewards.
GoMining’s aim is to provide equal and seamless access to Bitcoin mining for everyone, allowing users to generate value from Bitcoin mining without the need for expensive infrastructure.
CEO Mark Zalan stated that GoMining’s mission is to give customers access to the growing Bitcoin mining market. The company plans to build new data centers worldwide to make BTC mining accessible to a wider audience, with a target of achieving 25 million terahashes per second by 2025.
The future of Bitcoin mining lies in solutions that prioritize sustainability, accessibility, and efficiency. With each advancement, the world moves closer to a future where Bitcoin mining is not limited to the technically adept or financially robust but becomes a rewarding endeavor for anyone passionate about contributing to the blockchain revolution.
To learn more about GoMining, visit their website.