NewsCryptoGoMining Adds Bitcoin Mining Power as a Reward Option for Simple Earn Users

GoMining Adds Bitcoin Mining Power as a Reward Option for Simple Earn Users

Author: Metaverse Post·

Key Takeaways

  • Simple Earn supports TH rewards for balances in assets including BTC, USDT, USDC, ETH, SOL, BNB, and Gram without locking funds or restricting withdrawals.
  • TH rewards are converted and added to a selected eligible miner once per day using the TH price at the time of the upgrade.
  • The current TH conversion bonus is 10%, and rewards below $0.10 per four-hour cycle remain in BTC without rolling over.
  • Users can switch between BTC and TH at any time, with the change applying from the next four-hour reward cycle.
GoMining Adds Bitcoin Mining Power as a Reward Option for Simple Earn Users

GoMining announced that Simple Earn, its yield product for idle crypto balances, now allows users to receive rewards as terahash (TH), a unit of Bitcoin mining power, instead of BTC. The company said this makes GoMining the first platform to convert rewards from a standard crypto yield product directly into owned mining power rather than paying them only in the underlying asset. For users who hold eligible digital miners, the option links an automated yield balance to additional mining capacity while preserving the ability to receive rewards in BTC.

Simple Earn is an automated yield feature within the GoMining app. It allows users to earn rewards on crypto assets they already hold, including Bitcoin (BTC), Tether (USDT), USDC, Ethereum (ETH), Solana (SOL), BNB, and Gram (prev. Toncoin), without locking their funds or restricting withdrawals. After activation, the feature operates in the background. GoMining selects and monitors the underlying onchain protocols and rebalances allocations when necessary, meaning users do not need to select or track protocols themselves.

Simple Earn normally pays rewards in BTC, with the amount calculated according to a user’s balance and the current annual percentage rate (APR) for the asset. Under the new option, users can change their reward type to TH and choose which of their digital miners will receive the mining power. The reward is converted and applied to the selected miner in one upgrade each day, using the TH price at the time of the upgrade.

GoMining said selecting TH currently adds a 10% bonus to the converted reward in TH. The company described this as a current rate rather than a permanent feature of the option.

TH reinvestment applies to a four-hour cycle only when that cycle’s reward has a value of at least $0.10. Smaller cycles continue to be paid in BTC, and any amount below the threshold does not carry over to the next cycle.

A digital Bitcoin miner can receive TH rewards only if it is not listed for sale, has no active Mine Now, Pay Later (MNPL) installment plan, operates at an efficiency of 20 W/TH or better, and has remaining capacity before reaching its maximum power. These conditions make the TH option dependent on the status, efficiency, and available capacity of the selected miner rather than solely on the user’s Simple Earn balance.

Users can switch their reward type between BTC and TH at any time. The change takes effect from the next four-hour reward cycle, allowing users to change how subsequent rewards are allocated as their eligible miner’s status or capacity changes.

About GoMining

GoMining describes itself as an all-in-one Bitcoin ecosystem designed to enable users to mine, earn, and use Bitcoin through digital BTC miners. As of September 2026, the platform says it serves more than 5.6 million users and ranks among the top 10 Bitcoin mining entities globally by hashrate. It operates real mining hardware in data centers across the United States and internationally and offers access to Bitcoin mining through tokenized hashrate without requiring users to purchase hardware, manage maintenance, or have technical expertise.

In addition to digital Bitcoin miners, GoMining offers payment and earning products. The GoMining Card allows users to spend BTC, USDT, USDC, and the GOMINING token wherever bank cards are accepted, with instant crypto-to-fiat conversion. Through Simple Earn, users can grow BTC, USDT, and USDC balances using auto-compounding BTC yield without a lock-up period.

Instant Funds provides on-demand liquidity in USDT or USDC by allowing users to borrow against BTC or GoMining digital miners as collateral, so they do not need to sell those assets. Users can also participate in Miner Wars, a play-to-earn game in which clans compete for BTC and GOMINING token rewards.

The GOMINING token is the platform’s native utility token. According to GoMining, it provides maintenance discounts, rewards, in-game boosts, and other benefits across its products.

Source: Metaverse Post