GoMining Lets Users Convert Crypto Yield Directly into Bitcoin Mining Power
GoMining has introduced a new feature that allows users to convert their yield rewards from idle crypto balances directly into Bitcoin mining power. This move is described as an industry first for standard crypto yield products.
The company's Simple Earn product, which already pays rewards in Bitcoin, now offers the option to receive rewards as terahash (TH), a unit of Bitcoin mining power. The computing power is then applied to a user's owned digital miner, effectively boosting its hashrate without requiring additional hardware purchases.
GoMining reported serving over 5.6 million users as of September 2026 and ranks among the top 10 Bitcoin mining entities globally by hashrate. Its tokenized hashrate model aims to make Bitcoin mining accessible without requiring users to own hardware, handle maintenance, or possess technical expertise.
The company is currently offering a 10 percent bonus on rewards converted into TH, though this is a promotional rate rather than a permanent feature of the option. Users can switch between BTC and TH rewards at any time, with changes taking effect from the next reward cycle.