GoMining Token

GoMining Token is the token of the GoMining platform, which offers digital miners tied to the hash power of physical mining facilities. Although the catalogue identifier contains GMT, the token trades under the symbol GOMINING and has no connection to the GMT token of the STEPN project. GOMINING is a multichain token available on Ethereum, BNB Chain, Solana and TON.

On the platform, users own NFT-based digital miners representing a certain amount of hash power and receive the Bitcoin rewards attributable to those miners. Electricity and maintenance costs are deducted from the rewards; a discount applies when these costs are paid in GOMINING, and the tokens collected this way are burned at regular intervals. The token can also be locked to take part in governance and earn additional rewards. The ecosystem also includes products such as a wallet, a payment card and a competitive game called Miner Wars.

The GOMINING price may be linked to the Bitcoin price and mining difficulty, demand for digital miners on the platform, burn volume and confidence in the mining infrastructure operated by the company. The value on the GoMining Token page on Lzzo.com is DefiLlama's US dollar reference price; the chart shows the same source's historical data.