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Hayat E.

Contributor Level

Total Points
84

1 Review by Hayat

  • Gomining

9/27/23
Verified purchase

There are not many reviews of GoMining and I think two are the main reasons for that. First, because it is a relatively new project, and second because is more complex to understand compared to other new crypto projects.
The offer for virtual bitcoin mining caught my attention, and I must say I explored thoroughly the peculiarities of the projects and their tokenomics. Hence, I am willing to share my opinion.
Let me start with one misunderstanding. At first glance, you might think it is kind of a cloud-mining, an existing offer in the crypto world, but it has nothing in common. I am saying this because the cloud-mining is doomed to fail because of its lack of transparency and many disappointed investors.
The company has a physical mining infrastructure and a couple of data centres. They have created an innovative and unique solution - the Liquid Bitcoin Hashrate (LBH), which basically is a token that represents a mining hashrate. The LBH token is represented as NFT with a certain mining power and energy efficiency. These parameters create your mining hashrate, or with a mundane vocabulary - you share the daily mined bitcoin.

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Hayat E.'s review of gomining.com earned 4 Very Helpful votes

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