GoМining/GOMINING#227 0

What is GoMining (GoMining)?

GoMining is a Liquid Bitcoin Hashrate (LBH) protocol that allows users to digitally own Bitcoin mining power through NFT-backed assets on Ethereum, BNB, and TON chains. This removes the need for physical mining infrastructure while making mining power tradable and usable in DeFi applications.GoMining, originally known as GMT, was founded in 2017 and later rebranded to emphasize accessibility and transparency in Bitcoin mining. The company operates across nine data centres in UAE, Norway, and Kazakhstan, ensuring globally distributed and efficient mining operations.The platform features Miner Wars, a GameFi competition where players form Clans and compete to solve blocks, earning BTC and GOMINING token rewards. Users pay a maintenance fee for mining, and GOMINING tokens can reduce this cost by up to 20%, increasing profitability.

What is the GOMINING Token?

The GOMINING token plays a central role in the GoMining ecosystem, offering multiple utilities. It provides a 20% discount on mining fees when used for maintenance payments. Holders can lock tokens in governance to influence decisions and earn rewards, with over 30% of the supply locked for two years, ensuring scarcity. The deflationary model burns a portion of maintenance fees weekly, reducing supply. Additionally, Liquid Bitcoin Hashrate (LBH) NFTs can be used in DeFi for collateralized loans and passive income generation, enhancing the token’s real-world utility.  

The GOMINING token is actively traded on several crypto exchanges which include Gate.io, Bitget, MEXC, HTX, LBank, PancakeSwap V3 (BSC), Uniswap V3 (Ethereum), BingX, BitMart, and Bitfinex. These platforms support GOMINING/USDT GOMINING/USD and other trading pair.

Several wallets support Cheems (CHEEMS), offering security and ease of use. Recommended options include MetaMask, TokenPocket, Assure Wallet, SafePal, Coinhub, OKX Wallet, SimpleHold Wallet, and Binance Wallet. MetaMask supports Cheems on BNB Smart Chain.