GoMining lets Simple Earn users convert rewards into Bitcoin mining power

  • GoMining expanded Simple Earn to convert crypto yield rewards into additional Bitcoin mining power.
  • 10% bonus is currently offered on rewards converted into TH.
  • Users can switch between BTC and TH rewards, subject to miner eligibility rules.

GoMining has expanded Simple Earn so users can direct crypto yield rewards into additional Bitcoin mining power instead of receiving BTC. The feature pays rewards in terahash (TH, a measure of mining computing power), which is added to an eligible GoMining digital miner. GoMining says this is the first standard crypto yield product to convert rewards directly into owned Bitcoin mining power. Simple Earn supports BTC, USDT, USDC, ETH, SOL, BNB and Gram, without requiring users to lock assets or surrender withdrawals. GoMining selects and monitors the underlying onchain protocols (blockchain-based financial systems). When users choose TH rewards, eligible rewards are converted and applied to the selected miner once daily. The company is offering an additional 10% bonus on rewards converted into TH, while eligibility depends on the miner’s listing status, payment plan, efficiency and available capacity. Users can switch between BTC and TH rewards at any time.

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