Mining
Basic information about mining
How does mining work in GoMining Lite?
Each miner you buy is connected to real mining equipment. The more power (TH/s) you own, the more Bitcoin you earn. You don’t need to set up or maintain any hardware: GoMining manages the process for you.
What is computing power?
Computing power is one of the most important characteristics of every digital miner. It shows how many calculations a miner performs each second to verify and add transactions to the Bitcoin blockchain.
The computing power of the digital miners by GoMining is measured in TeraHash/s (TH/s):
1 TH = 1000000000000 H
The more TH/s your miner has, the higher your potential Bitcoin rewards.
To put this into perspective:
A simple calculator performs only a few thousand operations per second.
A modern smartphone, such as the iPhone 17, can handle about one trillion operations per second.
An NVIDIA RTX 5090 graphics card is capable of performing tens of quadrillions of operations every second.
Where does the computing power come from?
Each digital miner in GoMining is backed by real mining equipment located in our data centers. When you buy a digital miner, you get a share of the computing power of this hardware, the same devices that mine Bitcoin every day.
By purchasing a digital miner, you receive ownership of a portion of the real device fleet already engaged in mining. All computing power assigned to your miner directly participates in the Bitcoin blockchain network.
What does energy efficiency mean?
The value of a digital miner depends not only on its power in TH/s but also on its energy efficiency, measured in watts per terahash (W/TH). This parameter shows how much energy the miner needs to produce one terahash of power.
Since mining takes place on a real blockchain network, electricity is used during this process; that’s why you pay electricity fees when you receive mining rewards.
How often do I get rewards?
Your Bitcoin rewards update every day. You can see your income grow in real time on the main screen and in the Miners -> Rewards section.
What payment methods can I use?
You can buy miners using crypto or your bank card.
Card payments are not available in some countries because of payment provider restrictions. If you don’t see the card option, you can still buy miners using crypto.
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