r/gomining
GoBtc pay
We cannot move your sats.
Most “Bitcoin payment” products fix the UX problem by taking your keys. They hold the BTC; you hold an IOU on a screen. Convenient — until it isn’t.
GoBTC Pay is non-custodial by design. The wallet uses a 2-of-3 multisig architecture:
→ Key 1 — held by you, on your device, in the secure enclave. → Key 2 — held by GoMining, as co-signer. → Key 3 — held by an independent regulated custodian.
Any two keys authorise a transaction. No single party — including us — can move your BTC alone.
Why three keys instead of one? Because real non-custody has to survive real life. GoMining disappears tomorrow? You and the independent custodian can still sign. Custodian compromised? You and GoMining can still sign. No single point of failure. No trusted third party with unilateral control.
This isn’t “self-custody with help.” This is multisig the way Bitcoin’s protocol has always supported it, wired into a payment app anyone can use.
Not your keys, not your coins. With GoBTC Pay, the keys stay yours.
👉 Learn more about GoBTC Pay: https://gomining.com/blog/gobtc-pay-bitcoin-finally-as-money
Magmars are coming
You’ve been asking for this for a while, and the wait is almost over.
Magmars are about to go live at 3:00pm UTC
We’re not saying more yet, but if you’ve been following along, you already know this one is worth watching closely 🌋
Did any of you reach profit yet?
NFT prices have almost fallen 50% from where it was at 24 usd/TH to 13 usd/TH in a year's time. The ROI is around 20%. So everyone should be running a loss at the moment, pretty much.
Is anyone in the positive yet? Not counting the b0unty rewards. I don't see how that would be possible.
My Gomining diary - cycle 142 - Gomining is the future ! [swipe 11 pictures]
We can now pay in BTC, borrow stablecoins, and use a card. Gomining is the future !
You can swipe the 11 images for the figures (guarantee with full colors and no IA <3).
My farm :
- 8 miners
- 270,40TH
- 17,13W
- 25,10% discount
- VIP Platinum 1
- 1459 + 3700 GMT on wallet
My strategy of reinvestment :
- accumulating GMT to upgrade Energy efficiency (15W)
My initial investments :
- 5.454$ in miners (actual value 2.790$ according to the platform prices)
- 1.286$ in GMT lock
- 1.656$ in liquidity pools
- 1.480$ spare (3700 GMT to keep 20% discount).
TOTAL : 9.876$ (actual value: 7.238$)
My tools to get GMT :
- Miner Wars
- Lock
- Liquidity pools
- Discount
- Simple Earn on USDC (11,82%) and BTC (3,74%)
- Hashback 2%
- Referees x1
Miner Wars :
New cycle in Horizon, it was unbelievable with a 8,1 times my solo.
- clan: 39 blocs
- personal: 10 blocs
- boosts: -50 GMT
Total: 648,65 GMT net
Solo vs MW -> 80 vs 648,65 GMT -> MW wins ! (+710,81%)
Weekly rewards :
- Difficulty : 0,00000047 BTC per 1TH/day on average
- 0,00142171 BTC brut reinvested in GMT
- 717,89 GMT net + 11,01$
- Total value = 227,03$ net
- ROI : 119,54%
Weekly reinvestments :
- 100th 18w > 17w (-337 GMT)
Improvements :
- 270,40th (+0,25)
- 17,13w (-0,37)
- 5.159 GMT (+381)
Results (32 weeks) :
- 2.378$ net
- ROI annual 39,13%
- Full ROI in 101 weeks / 1,94 years
Goals 2026 :
- Upgrade farm from 19,50 to 15W (52,67%)
- Upgrade farm from 250 to 300TH (40,80%)
- Lock from 2535 to 5000 GMT (123,73%)
- Get from 10 to 20% token discount (100%)
- Get the GM card (100%)
- Get 8000 karma on Reddit (100%)
- Activate Simple Earn (100%)
- Get 5 referees (20%)
What do you think about my farm? Tell me where I could improve my strategy.
Thank you for your support, my dear fellow miners !
LP program being removed
Program is scheduled to stop soon, I’m thinking this will mean fewer people offering liquidity on pancake swap. Fewer people offering liquidity means greater volatility of gmt prices since it will take less volume to move through the available liquidity. This could be good or bad for gmt prices as it could allow them too moon or they could crater.
Also, worried removing the program could create a death spiral for liquidity providers. Like with more volatility will liquidity providers be able to earn enough transaction fees to offset any losses from the increased volatility? If no then the whole liquidity could destabilize and it may be hard to buy/sell gmt.
Just thinking out loud, along for the ride but IDK how much longer I’ll provide liquidity. Right now the returns without LP rewards program do not look like they will be enough to justify continuing to offer liquidity. In the flip side maybe it will convince enough other people to stop that it will balance out…
Lmk your thoughts…cheers
“Yesterday, people drove in buggies with horses, but the future is not that”
“Yesterday, people drove in buggies with horses, but the future is not that”.
Here's a clip of our CEO Mark Zalan discussing GoBTC Pay whilst taking on card providers at Consensus Miami - he was on fire 🔥
Find out more about how we’re turning Bitcoin into cash: https://gomining.com/blog/gobtc-pay-bitcoin-finally-as-money
Zoom-in
The fee model is the message.
A retail card payment in 2026 costs the merchant somewhere between 1.5% and 3.5%. Interchange, scheme fees, processor margin, gateway, PCI — it stacks up.
On a $100 sale, the merchant keeps between $96.50 and $98.50, and the customer often eats the cost twice through surcharges and higher menu prices.
BitPay charges 1% on top of all that, and converts your customer’s BTC into fiat whether you asked for it or not.
GoBTC Pay is 0% for the user and 0.2% for the merchant. On a $100 sale, the merchant keeps $99.80.
But the more interesting number is where that 0.2% goes.
It doesn’t sit on a balance sheet in San Francisco. It is split in half and sent back into the network that produced the transaction:
→ 0.1% to the miners in GoMining’s pool, pro-rata to hashrate.
→ 0.1% to the wallet that initiated the payment.
We keep nothing on third-party flow. Every basis point routes back to the people running the rails.
Card networks extract value from every swipe. GoBTC Pay routes value back to the network. That isn’t a tagline. That’s the protocol.
Read the full blog article: https://gomining.com/blog/gobtc-pay-bitcoin-finally-as-money
Instant Funds follows a straightforward flow.
Instant Funds follows a straightforward flow.
You choose how much USDT or USDC you need. The app shows how much BTC will be locked, along with the fee, repayment deadline, liquidation price, and risk level. Once you confirm, your BTC is locked and the funds are credited immediately.
There are no ongoing interest charges. Instead, a one-time service fee applies when the position is opened, and each position has a 30-day repayment window.
Explore Instant Funds: https://app.gomining.com/finance/instant-funds/create
Read the full blog article: https://gomining.com/blog/instant-funds-access-liquidity-without-letting-go-of-your-bitcoin
Can someone please explain to me why I’m getting 0 for cycle 142 ?
Looking to grow clan
Started this clan a couple months ago and I've been happy with the results so far but I want to grow this thing. Getting 6-8% score share is the sweet spot in dune and should earn more than solo for anyone in the clan. Open to anyone no matter how big or small your farm is. No boosting requirements. I'm planning on boosting whatever I make from the owner rewards which should lead to more profits. Feel free to message me if you're interested.
Link to join - app.gomining.com/miner-wars/mining/select-pool?inviteToClan=42705
Liquidity being removed!
Liquidity was the best alternative to simple earn/locking gmt away. Huge roi benefits no lock, of course they’re going to get rid of it now. Can’t just hand out thousands for free now can we. Anyone else think they’re ruining a good thing? Removing this and not having simple earn in USA is a bummer.
NFTMINER CA Recruiting as We Enter Horizon
NFTMINER CA is recruiting as we move into Horizon.
We are looking to strengthen both our total TH and our community with active miners interested in consistent Miner Wars participation and competing for Bitcoin blocks.
Our clan has been built around balanced participation across the roster instead of concentrating everything into a few large farms. That structure has helped maintain strong block production, active coordination, and steady long term growth heading into Horizon.
What we are looking for:
• active Discord members
• miners interested in coordinated boosting
• consistent Miner Wars participation
• smaller and mid sized miners looking to stay competitive
• members interested in helping strengthen overall clan TH
The goal is simple:
continue building a strong active community while improving our competitive position entering Horizon.
GoBtc
Bitcoin pays miners for proof of work. GoBTC Pay adds a second cheque.
Bitcoin pays miners for proof of work. That’s the deal — and it has worked since 2009.
GoBTC Pay adds a second cheque.
Every GoBTC Pay transaction carries a 0.2% merchant fee. Half of that — 0.1% of every transaction value — flows to the miners in GoMining’s ecosystem, pro-rata to hashrate. On top of the block reward. On top of the standard fee. Paid in BTC.
So when GoBTC Pay merchant volume comes online, every GoMining customer with a digital miner starts earning a share of payments revenue. Not “yield.” Not “rewards points.” A fee for doing what hashrate is supposed to do: confirm transactions.
This is the part that no other payment company can offer. Because no other payment company is also a top-ten miner.
Stack sats. Mine sats. Now: get paid in sats when other people spend sats.
Read the full blog article: https://gomining.com/blog/gobtc-pay-bitcoin-finally-as-money
🌋 GoMiners, the Simple Earn Keys Raffle
🌋 GoMiners, the Simple Earn Keys Raffle results are in.
Across the raffle, 182,828 tickets were generated and 10 access keys were awarded.
Here’s how it played out 👇
🔥 Megatron won 2 keys out of 10. Bitcoin blocks 949058 and 949062 both selected Megatron’s tickets.
🍀 f9df250c won with only 26 tickets. A 0.1% chance, and still enough to land a key.
📊 ProducerZ had the most tickets. 14,142 tickets, or 7.7% of all tickets, but didn’t win a key.
Every result can be verified on-chain. Winners were determined using Bitcoin block hashes 949057–949066, with each winning ticket calculated from the block hash and total ticket count.
No human involvement, just Bitcoin.
The Magmars collection releases on May 18. Each Magmar avatar brings:
🔥 Blazing Multiplier: ×1.4 on your Simple Earn base rate when active 🔐 GoClub access: invite-only events, exclusive drops, perks, rewards, VIP support, and premium assistance for avatar holders.
https://app.gomining.com/raffle/f21fcd0a-322a-4f12-969d-396b51506471
We paying $229.19 monthly in GMT to get a $209.36 net reward. Paying through GMT was supposed to give you more?