Giant Bitcoin Mining Company Announces Expansion to a New Altcoin

Digital Bitcoin mining platform GoMining is making a significant move to the Solana blockchain with plans to launch its mining-related NFTs on Magic Eden later this month.

The company, known for tokenizing Bitcoin mining hashrate to offer Bitcoin rewards to individual users, announced the expansion today.

The company announced that GoMining’s GOMINING utility token now includes Solana functionality and can be traded as an SPL token on Solana decentralized exchanges (DEXs).

“Solana’s ecosystem is ideal for a mainstream crypto audience to engage with user-friendly BTC mining,” said Mark Zalan, CEO of GoMining. “Bitcoin is a core part of the crypto ecosystem and everyone should have access to mining as part of their crypto exposure, no matter which blockchain they prefer.”

GoMining has tokenized hashrate, a measure of the computing power used in mining, to allow users to earn Bitcoin rewards without directly investing in physical mining operations. Users can purchase GoMining NFTs tied to the actual hashrate and earn BTC rewards as a result. According to GoMining, approximately 216,000 mining NFTs have already been sold.

*This is not investment advice.