GoMining Lets Users Borrow Against Digital Miners Without Halting Rewards

GoMining has rolled out its Instant Funds feature, allowing users to borrow USDT and USDC against their digital Bitcoin miners. This development expands access to capital for holders who would have previously had to sell their positions.

The lending product lets eligible users lock NFT-based digital miners as collateral and receive stablecoins directly into their GoMining balance. Positions come with a 30-day term, zero percent APR, and automatic renewal.

GoMining charges an origination fee between 1.5% and 2.5%, depending on the user's VIP tier. Users can borrow up to 30% of a miner's collateral value, starting at $5 per position with an aggregate cap of $10,000 per user.