GoMining Adds Bitcoin Mining Power as a Yield Reward for Crypto Holders

Bitcoin mining platform GoMining has expanded its Simple Earn product, allowing users to turn crypto yield rewards directly into additional Bitcoin mining power. The new feature gives users the option to receive rewards in terahash (TH) rather than BTC.

The TH is added to an eligible GoMining digital miner, increasing the computing power associated with that miner. According to GoMining, the feature marks the first time a standard crypto yield product has enabled rewards to be converted directly into owned Bitcoin mining power.

Simple Earn supports BTC, USDT, USDC, ETH, SOL, BNB and Gram balances. Users can earn rewards without locking their assets or giving up withdrawals, while GoMining selects and monitors the underlying onchain protocols.

When TH rewards are enabled, GoMining converts eligible rewards and applies the accumulated mining power to the user’s selected miner once per day. The company is currently offering an additional 10% bonus on rewards converted into TH. Not every miner is eligible.