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I post daily updates on my YouTube channel, Game and Crypto, tracking my GoMining journey in real time. Today marks a proper milestone β and it's worth explaining why.
πΊ Catch up on the full series here: https://youtube.com/playlist?list=PLYk23cWNEdKk&si=8JBzcyNvI06MSnjo
What is GoMining?
GoMining is a cloud-based Bitcoin mining platform that has been running continuously for over 5 years, making it one of the most established platforms in the space. You purchase virtual miners measured in terahash (TH/s) and earn Bitcoin daily, with electricity and service fees automatically deducted. Rewards can be set to reinvest automatically, compounding your mining power over time. Available on PC, Android and iOS.
A milestone worth talking about
Up until now, I've been reinvesting my daily rewards back into GOMINING tokens. The reason is simple β paying your maintenance fees in GOMINING tokens gives you a discount of up to 20%, which at small investment levels makes a real difference. My discount has been climbing steadily since day one, from 4.13% all the way to 23.28% today.
That strategy has now done its job. I've accumulated enough GOMINING tokens to keep my fees covered and my discount maxed out β so I've switched my rewards to go directly into Bitcoin. That means from today, every single day I earn real BTC straight to my wallet. It's a natural progression and honestly the whole point of the platform.
My setup today
- Miners: 5
- Mining power: 5.03 TH/s
- Discount: 23.28%
- Status: Now accumulating BTC directly
Today's daily breakdown
- Pool reward: 0.00000250 BTC
- Electricity cost: β0.20 GMT
- Service fee: β0.11 GMT
- Net BTC reward: +0.00000253 BTC (~$0.16)
Not a huge number in dollar terms today, but it's real Bitcoin landing in my wallet β and with the discount now at 23.28%, my fees are as low as they're going to get.
Total BTC earned so far
0.00020797 BTC β worth approximately $13.36 at today's Bitcoin price of $64,227. Every satoshi earned from here goes straight into BTC accumulation.
Join the GoMining Community π¬
If you're just starting out or have questions about settings, strategies or miners, the GoMining Discord server is genuinely useful. It's full of real users sharing tips and advice, plus you get the latest news and updates straight from the team.
π discord.gg/gomining β free to join.
The GOMINING token β where it stands
The GOMINING token is currently sitting at around $0.28. It did exactly what it was supposed to for me β helped me build up a discount that now saves me money on fees every single day. I'll keep holding my GMT to maintain the discount, but the reward phase is now all about Bitcoin.
As always β do your own research and only put in what you can afford to lose.
Want to try it?
I've got a promo code for 5% cashback when you sign up β link's below. Free to join, available on PC, Android and iOS.
https://gomining.com/?ref=GJ9U8X7
New updates posted daily on my channel, Game and Crypto β subscribe if you want to follow along.
The Flywheel Strategy β A Smarter Way to Grow on GoMining
Credit: This strategy was written by DracoF. Read the full guide here: The Flywheel Strategy on Reddit
If you want to get serious about GoMining, this strategy is worth understanding. DracoF's philosophy is simple β stop trying to predict the market and start making one solid, rules-based decision every week. 52 good decisions will always beat one perfect call after dozens of bad ones.
The core idea is to build what DracoF calls a Flywheel. Upgrade your hashpower to maximum efficiency, set your maintenance to be paid in GMT, reinvest into GMT, and lock it for the maximum 208 weeks. The target is 360 days locked and 140 days unlocked β a total of 500 days. That's your Flywheel.
Once built, the weekly routine takes minutes. Re-max your lock, check your days, and follow one simple rule β under 500 days, reinvest in GMT; over 500 days, reinvest in TH or BTC. Locking 360 days of GMT unlocks a permanent 20% maintenance discount while earning 20β30% APR in lock dividends.
The 140 days kept unlocked acts as a buffer. GMT is volatile but maintenance costs are priced in USD, so your days can swing wildly. That buffer protects your discount during price crashes and keeps the Flywheel running through volatility.
Running the numbers, a Flywheel setup on 35 TH delivers around 21% ROI versus roughly 12.5% for a pure TH build β nearly double. The Flywheel won't make you rich overnight, but it will turn your GoMining account into a consistent, efficient machine that compounds steadily through bull and bear markets alike.
For the full breakdown including advanced TH trading tactics, Greedy Machines, and tips on staying out of debt traps β read the original guide linked above. It's one of the best pieces of community writing I've come across in the GoMining space.
This post contains a referral link. I only share platforms I'm actively using with my own money.
