Gomining Lets Users Convert Crypto Rewards Directly Into Bitcoin Mining Power
GoMining has expanded its Simple Earn product to allow users to convert their crypto yield rewards directly into Bitcoin mining power.
The company claims it is the first platform to enable this feature, which converts rewards from a standard crypto yield product into terahash (TH), a measure of Bitcoin mining computing power.
Simple Earn allows users to earn rewards on balances held in BTC, USDT, USDC, ETH, SOL, BNB, and Gram without locking their assets. GoMining manages the underlying onchain protocols and automatically adjusts allocations for users.
Users can now select TH as their reward type and choose one of their digital BTC miners to receive the additional computing power. Rewards are converted into TH and applied to the selected miner once per day based on the TH price at the time of the upgrade.
GoMining is also offering a 10% bonus to rewards converted into TH. Users can switch between BTC and TH rewards at any time, with changes taking effect from the next four-hour reward cycle.