Interest in Bitcoin Rises Ahead of Halving
A surge in interest in Bitcoin has been observed leading up to the Bitcoin halving scheduled for April 2024. Bitcoin prices have almost doubled since November 2023, and historical data shows that previous halvings have resulted in substantial market growth. As a result, there has been a historic milestone in the Bitcoin mining sector, with a total hashrate surpassing 600 EH/s for the first time. This indicates a significant surge in interest within the mining industry, despite the high entry barriers that exist.
Liquid Bitcoin Hashrate: A Solution for Mining Enthusiasts
To address the challenges faced by mining enthusiasts, GoMining has introduced the concept of Liquid Bitcoin Hashrate (LBH). LBH tokenizes the computing power generated by the mining company, allowing individuals to own a real world asset (RWA) that represents the computing power. This eliminates the need to build and maintain a costly mining farm. The mining company earns a commission for maintaining the physical equipment, while users benefit from owning a share of the computing power without the legal issues associated with property ownership.
Benefits of LBH NFT Miners
LBH NFT miners provide daily mining rewards to token holders based on their computing power and energy efficiency. These rewards can be received in BTC or GoMining’s native token, GOMINING. Holding an NFT miner allows beginners to learn about cryptocurrency mining and receive rewards as they familiarize themselves with the process. Unlike traditional mining, NFT miners are immune to missing rewards and offer flexibility in managing hashrate by expanding power or acquiring additional NFTs. Pool mining options are also available for a more interactive experience.
Building Trust and a Successful Model
The Liquid Bitcoin Hashrate concept stands out due to its carefully thought-out implementation and the expertise of GoMining. The company has a strong background in building and scaling mining infrastructure hubs. The financial model and tokenomics of LBH are based on self-owned mining infrastructure, while also allowing verified computing power vendors to participate. The goal is to create an open-door blockchain-based solution that redefines the mining industry, and GoMining has gained trust and support from partners and the community.
Achieving Milestones in 2023
GoMining has achieved significant milestones in 2023, selling over 30,000 NFT miners to nearly 9,000 holders. NFT miner holders have already mined over 800 BTC, making GoMining an intriguing story to watch in 2024.
Hot Take: GoMining Revolutionizes Bitcoin Mining with LBH
GoMining’s introduction of Liquid Bitcoin Hashrate (LBH) is revolutionizing the Bitcoin mining industry. By tokenizing computing power and allowing individuals to own a real world asset (RWA), LBH provides a solution for mining enthusiasts to enter the field without the need for costly mining farms. With daily mining rewards and the flexibility to manage hashrate, LBH NFT miners offer a gamified experience for beginners while avoiding common legal issues associated with property ownership. Through its transparent and regulated token distribution model, GoMining aims to redefine the state of play within the mining industry and has already achieved significant milestones in 2023.
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