Global Stock News

GoMining Lets Crypto Holders Convert Yield Directly Into Bitcoin Mining Power — BigGo Finance

GoMining Lets Crypto Holders Convert Yield Directly Into Bitcoin Mining Power — BigGo Finance

GoMining has introduced a feature that lets users convert yield rewards from idle crypto balances directly into Bitcoin mining power, a move the company describes as an industry first for a standard yield product.

The Cyprus-based firm announced on September 11 that its Simple Earn product, which already pays rewards in Bitcoin, now offers an option to receive rewards as terahash (TH) instead. That computing power is then applied to a user’s owned digital miner, effectively boosting its hashrate without requiring the purchase of additional hardware.

Simple Earn supports a range of assets including Bitcoin (BTC), Tether (USDT), USDC, Ethereum (ETH), Solana (SOL), BNB, and Gram, formerly known as Toncoin. Users can earn rewards without…

Source link

Share this article

Scroll to Top