20 hours ago
GoMining, a pioneer in democratizing Bitcoin mining through tokenized hashrate, is making bold strides into the Solana ecosystem . This strategic move comes with integrating its utility token on Solana and the upcoming launch of GoMining NFTs on Magic Eden. This bold leap, unveiled on Tuesday, paves the way for a seamless, accessible, and futuristic approach to earning bitcoin rewards. GoMining Merges Mining with Modern Blockchain Technology In a strategic move, GoMining announced that its utility token, GOMINING, will now operate as an SPL token on Solana’s blockchain. This integration means users can trade the token on Solana’s decentralized exchanges (DEXs), tapping into Solana’s high-speed, low-cost transaction capabilities. This development reflects GoMining’s commitment to making Bitcoin mining rewards accessible across multiple blockchain ecosystems. GoMining CEO Mark Zalan highlighted Solana’s ecosystem as a perfect fit for making Bitcoin mining more accessible. He emphasized that Bitcoin is a key part of the crypto world and should be available to everyone, regardless of the user’s blockchain preference. This move aligns with GoMining’s mission to bridge the gap between traditional mining operations and modern decentralized finance (DeFi) platforms. GoMining Revolutionizes Mining Through Tokenized Hashrate What sets GoMining apart is its ability to tokenize hashrate, the computing power that drives Bitcoin mining, through Non-Fungible Tokens (NFTs). These unique digital asset classes provide a direct stake in mining operations. This allows users to earn BTC rewards without investing in expensive hardware or managing physical operations. Each NFT comprises performance metrics like power (TH/s) and energy efficiency (kW/TH). These energies enable effortless participation in Bitcoin mining. Owners can supercharge their digital miners by upgrading performance or trading their NFTs in a growing secondary market. With nearly 216,000 NFTs already sold, GoMining is proving that the future of mining lies in accessibility and innovation. This strategy emerges amid rising energy costs and challenges in the mining sector, as miners secure billions of Bitcoins to stay competitive and offset expenses. Scaling New Heights with Robust Infrastructure Behind the scenes, GoMining’s operations are powered by 350MW of mining capacity. Innovative installations in locations like Texas support this. This expansive infrastructure not only sustains the platform’s current user base. It also positions it to accommodate growing demand as crypto adoption surges. With a market capitalization of over $200 million, the GOMINING token is a testament to the platform’s success and scalability. Integrating with Solana would further solidify its position as a leader in combining blockchain efficiency with Bitcoin mining. Meanwhile, As GoMining NFTs prepare to debut on Magic Eden , the platform is poised to attract a diverse audience of crypto enthusiasts. The post GoMining Expands BTC Mining Rewards to Solana With NFT Push appeared first on TheCoinrise.com .
The Coin Rise
You can visit the page to read the article.
Source: The Coin Rise
Tags :
Blockchain News Bitcoin GoMining Solana
Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of BitMaden. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.
Web3Bay Reimagines E-Com, Updates On Injective Ecosystem & Fantom
Web3Bay Brings Decentralization to E-Com: 2 Presale Stages Gone in a Flash! Injective Ecosystem & Fantom Expand Recent technological updates from Injective (INJ), Fantom (FTM), and Web3Bay (3BAY) are bringing a mountain of new innovations to the blockchain market. The Injective ecosystem and Solana’s SVM Sonic are joining forces to facilitate seamless cross-chain AI applications, while Fantom is gearing up to launch its much-anticipated token swap. Additionally, Web3Bay (3BAY) is making waves by transforming how users buy and sell digital assets through its unique blockchain-powered e-commerce platform, decentralized storage, and cross-chain compatibility. Currently, in presale stage 3, Web3Bay’s first two batches sold out in record time. Additionally, the platform has raised over $470,000 and sold more than 127.5 million 3BAY tokens. As the demand for more efficient and innovative blockchain technology increases, Web3Bay’s breakthrough e-commerce model and solid presale start position it for strong future success. Injective Ecosystem Expands Into Cross-Chain AI Innovation The Injective ecosystem is set to achieve a significant milestone with the introduction of the Smart Agent Hub, developed in collaboration with Solana’s SVM Sonic. This initiative enables developers to deploy AI agent applications across blockchains, bridging Injective and Solana seamlessly. Leveraging cutting-edge infrastructure like the Inter-Blockchain Communication Protocol, the hub creates a direct connection between Solana and Injective’s WebAssembly blockchain. This integration will support the transfer of SOL, Solana-based tokens, and Injective tokens, driving interoperability in the blockchain space. Scheduled to debut its testnet in early 2025, the Injective ecosystem empowers developers to enhance decentralized applications with AI-driven data analysis, trend prediction, and automated trading. Fantom Update: Token Swap Launch Coming Soon The upcoming Fantom update marks a pivotal step for the network, with the much-anticipated conversion of FTM to S tokens commencing on January 13th. For the first 90 days, users will enjoy fee-free swaps, making the transition process seamless and accessible. Additionally, a points-based airdrop program will run until mid-2025, distributing 190.5 million tokens, or 6% of the total supply, to eligible participants. This Fantom update not only strengthens user engagement but also highlights its ongoing commitment to enhancing its ecosystem. Fantom’s robust architecture, powered by its unique Lachesis consensus mechanism, enables near-instant transaction finality and processes thousands of transactions per second at minimal cost. By combining scalability, security, and decentralization, Fantom stands out as a reliable platform for decentralized applications and digital assets. Web3Bay’s Decentralized E-Com Revolution Begins: $470K Raised! Web3Bay is transforming the e-commerce experience by offering a decentralized marketplace built on blockchain technology. Unlike traditional platforms, Web3Bay prioritizes transparency, security, and user control, empowering users to buy and sell digital assets without the limitations of centralized systems. With its innovative use of decentralized storage solutions, such as IPFS (InterPlanetary File System), product images, and transaction records are securely distributed across the network, virtually eliminating the risk of data breaches. This architecture not only protects user data but also ensures the integrity of transactions. Web3Bay is also taking interoperability to the next level by planning seamless integration with major blockchains like Ethereum and BNB Chain. This cross-chain compatibility will allow users to transact using assets from different chains, enhancing liquidity and providing greater flexibility. The growing confidence in Web3Bay’s potential to reinvent online shopping is evident in its presale success, having raised an impressive $470,000 with 127.5 million tokens sold. Currently priced at just $0.0039675 in presale stage 3, the platform’s highly affordable native 3BAY token empowers users by enabling purchases, incentivizing engagement, and granting governance rights within the ecosystem. This success highlights the increasing recognition of Web3Bay’s ability to disrupt traditional e-commerce, offering users not just an intermediary-free platform to buy and sell digital assets but also an opportunity to shape its growth. Final Thoughts With advancements like the Injective ecosystem introducing cross-chain AI capabilities and the Fantom update launching seamless token swaps, blockchain innovation is at an all-time high. Web3Bay is now bringing this innovation into e-commerce, allowing users to buy and sell digital assets securely and easily. By leveraging decentralized storage and cross-chain compatibility, Web3Bay provides a seamless, user-centric marketplace. With over $470,000 raised and 127.5 million tokens sold during its presale, the 3BAY token is now priced at $0.0039675 in stage 3. This gives investors an affordable opportunity to get involved in a platform that isn’t just riding the web3 wave but helping shape its future. Join Web3Bay Presale Now: Presale: https://web3bay.io/buy Website: https://web3bay.io/ Twitter: https://x.com/web3bayofficial Instagram: https://www.instagram.com/web3bayofficial/ Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here . The Coin Rise
21 Million Bitcoin (BTC) Supply Announced by Satoshi Nakamoto 16 Years Ago Today
Bitcoin (BTC) celebrates 16 years since Satoshi capped supply at 21 million The Coin Rise
