GoMining Unveils Instant Funds for Eligible Bitcoin Miners
GoMining has launched Instant Funds, a feature allowing eligible digital Bitcoin miners to access USDT or USDC without selling their miners. Users can use eligible NFT miners as collateral to receive funds directly in their GoMining balance while continuing to earn Bitcoin mining rewards.
The new feature is available to eligible users in supported markets and allows up to 30% of a miner's collateral value to be accessed, with the minimum amount set at $5 and the total cap per user at $10,000. Multiple positions are allowed as long as they remain within the overall limit.
GoMining said it plans to raise the eligibility threshold over time, allowing more miners to qualify for Instant Funds. The feature is currently limited to miners with energy efficiency of 12 watts per terahash (W/TH) or better and requires KYC Level 1 verification. Eligible users in the European Economic Area who meet the verification requirements can access funds in USDC.