I post daily updates on my YouTube channel, Game and Crypto, tracking my GoMining journey in real time. Today I want to explain something that I haven't gone into much detail about yet — how the fee system actually works and why paying in GOMINING tokens is such a smart move.
📺 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. Available on PC, Android and iOS.
How I pay my fees — and why it matters
Every day, GoMining deducts electricity and service fees from your account. You have two options for how those fees are paid — directly from your rewards, or from your GOMINING token wallet.
I pay mine in GOMINING tokens. Here's why that's better:
By holding GOMINING tokens in my wallet and using them to cover maintenance costs, I unlock a discount of up to 20% on those fees. My current discount sits at 25.02% — which means every single day I'm paying less than I otherwise would, and more of my BTC reward lands in my wallet untouched.
Today my GMT wallet sits at 11.97 GOMINING (worth about $3.23), with maintenance fees of 0.21 GMT for electricity and 0.12 GMT for service being deducted automatically. Simple, efficient, and completely hands off.
Also worth mentioning — I received a small referral bonus of +0.003 GMT today. Every little bit helps!
My setup today
Miners: 5
Mining power: 5.14 TH/s
Discount: 25.02%
GMT wallet: 11.97 GOMINING ($3.23)
Status: BTC sent directly to wallet
Today's daily breakdown
Pool reward: 0.00000241 BTC
Electricity cost: −0.21 GMT
Service fee: −0.12 GMT
Net BTC reward: +0.00000242 BTC (~$0.15)
Total BTC earned so far
0.00023063 BTC — worth approximately $13.87 at today's Bitcoin price of $60,123. BTC has started July up around 2.73% after its brutal June performance, (Crypto Times) which is a welcome bounce.
Join the GoMining Community 💬
Got questions about settings, strategies or miners? The GoMining Discord server is full of real users sharing tips and the team is active too.
🔗 discord.gg/gomining — free to join.
The GOMINING token — where it stands
Currently sitting at around $0.28. Holding my GMT stack to keep the maintenance discount at 25% — doing its job quietly every day.
As always — 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 — link's below. Free to join, available on PC, Android and iOS.
🔗 https://gomining.com/?ref=GJ9U8X7
New updates posted daily on Game and Crypto — subscribe if you want to follow along.
The Flywheel Strategy — 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 — 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 — 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 — 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 20–30% 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 — 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 — 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.
