Nimiq Coin Review 2020: Why It Could Be A Hidden Gem!

Wayne Jones • March 3, 2020

If you dabble in cryptocurrency, then chances are that you are looking for that under-the-radar altcoin that could give you that 1000x return on your money.

In this article, we’ll tell you about Nimiq’s technology in straight-forward English, how the project could play a crucial role in the red hot DeFi and NFT space and explain why NIM could be that small-cap gem you have been looking for.

What Is Nimiq?

In a nutshell, Nimiq is a decentralized and censorship-resistant payment system in which the NIM token is used as a transfer of value and a medium of exchange. In other words, NIM is intended to be used as digital cash. A bit like many other cryptocurrencies, for example, Litecoin.

We need to be straight up and say that the market for payment coins like this is exceptionally competitive. However, NIM users do enjoy some of the lowest transaction fees out there at less than a cent per transaction. To put that into context, at the time of writing, Bitcoin has a transaction fee of 44 cents.

Nimiq is also different from other payment coins by having a strong emphasis on designing everything for mass adoption. What we mean here is that Nimiq takes the complication out of crypto by simplifying the Nimiq user experience/interfaces wherever possible. All this is geared to making Nimiq easy, convenient and accessible for everyone. It’s a similar strategy to what Apple used to dominate the tech hardware markets. Regular users of tech simply do not like complicated or confusing interfaces and tend to gravitate to solutions that are simple to use. This means Team Nimiq could really be onto something here when it comes to designing a payment coin primed for mass adoption.

Another interesting thing about Nimiq is its charitable slant, with 2% of the final NIM supply being allocated to Nimiq Charity which has the sole purpose of supporting projects of high social and ecological impact.

Nimiq’s Technology

So, we’ve told you that Nimiq is a censorship-resistant payment protocol. However, where it differs from other projects is that it is native to the web.

To explain how this works, let’s take a look at other blockchains like Bitcoin and Ethereum where your browser needs to connect to a node in order to access the blockchain network. The problem is that it’s not practical for most people to set up their own node due to the hardware and technical knowledge required to do so. The result is that most users on the likes of Bitcoin or Ethereum are dependent on nodes run by other people to access the Bitcoin or Ethereum networks.

With Nimiq, things are different because of Nimiq’s unique architecture. This sees your browser actually becoming a node in the Nimiq blockchain network. In other words, this means that anyone using browsers like FireFox, Chrome, Safari and Brave can run a Nimiq node easily and with no technical knowledge. Another thing to point out is that this lack of reliance on third party nodes is what makes Nimiq an exceptionally censorship-resistant payment system.

Another thing for you to know is that the Nimiq network has two different types of nodes. The first are backbone clients and the second are browser clients. Both do use the same Javascript codebase. However, a high-performance version of the backbone client is also available in the Rust programming language.

Now, this may sound a little complicated. However, all you need to know is that backbone clients do the heavy lifting, whilst the browser clients, used by users, are what makes Nimiq native to the web.

Why Is A Crypto Native To The Web A Big Deal?

To wrap your head around this, a good analogy is thinking about how you used to have to buy Microsoft excel and install that software on your computer to use it. Times have changed and you can now use Google Sheets within your browser with no downloads at all. Google sheets is super simple to use and it just works.

One thing that tech giants like Apple and Google have taught us in recent years is that mainstream audiances like complicated technology to be made simple and quick. That’s exactly what Nimiq’s browser-first approach aims to achieve.

All that is combined with top notch design and simplified interfaces. The result is that it’s faster to create a Nimiq account than it is to create a Google one. Don’t believe that it takes less than 30 seconds to get started with Nimiq? Why not try it out for yourself and get some free NIM to mess around with whilst you are at it. Create a Nimiq account now!

The Nimiq Blockchain

Right now, Nimiq uses the proof-of-work consensus mechanism which is combined with a bit of tech called Non-Interactive Proofs of Proof-of-Work. In short, this allows for super lightweight nodes to reach consensus in literally seconds, even on a mobile device.

Because the Nimiq project is dedicated to simplicity, the team have intentionally chosen not have a scripting language. However, the Nimiq blockchain does have a good level of compatibility with other blockchains through its support of atomic swaps and being capable of supporting off-chain transaction like the Lightning Network. The Nimiq protocol also supports something known as Hash Time Locked Contracts ( HTLC ). The result is that NIM can be locked into vested contracts and released at a certain time. These HTLC’s have even been used to create vesting contracts to lock up NIM for Team members, which shows their long term commitment to the project.

Nimiq Partnerships And Research

Nimiq has two core research efforts that are set for completion in 2020.

Research Effort One: Nimiq OASIS

Nimiq OASIS stands for the Open Asset Swap Interaction Scheme. This is a blueprint for a crypto-to-fiat bridge, which makes fiat currencies like the Euro behave as if it were a token on the blockchain. This could provide a unique way of connecting the traditional banking world to the crypto universe and enables people with a SEPA bank account to buy or sell crypto directly through their bank.

Now, this is a pretty big deal. Indeed, when Charles Hoskinson , the founder of Cardano ( ADA ) spoke about the state of crypto markets in 2019, he commented:

“What we are seeing is a collection of standards being created [that] will inevitably converge over the next three to five years to create a situation where you can move information and value between all these different systems ー not just Bitcoin to Litecoin to Ethereum to Cardano ー but also your regular bank account”

In a nutshell, that’s exactly what Nimiq OASIS would empower users to do. However, instead of waiting five years, the solution is set to be rolled out in 2020.

Team Nimiq have also said that they intend to use this new tech to offer a crypto payment solution to online merchants. This has been called ‘ Nimiq Checkout ’. This would see Nimiq offering:

  • The first non-custodial multi-crypto payment solution – so a merchant with zero technical knowledge can accept crypto and get fiat without ever touching it.
  • Integrated merchants to get Euros paid quickly directly into their SEPA instant accounts – so it eliminates crypto volatility risks.
  • Crypto enthusiasts like you and me can enjoy the convenience of paying in NIM, Bitcoin and Ethereum.

Nimiq Checkout has the potential to provide a remedy to two of the core problems holding back merchant adoption of crypto.

  1. The volatility of crypto.
  2. Making it easier for merchants to accept it.

This is one of the main reasons to be bullish about Nimiq’s prospects for merchant adoption.

The Partnerships Behind Nimiq OASIS

Yes, Nimiq OASIS is still a blueprint and is not a working product just yet. However, there seems to be some serious substance behind this research. In April 2019, Nimiq announced the acquisition of a 9.9% stake in WEG bank to further solidify the partnership between Nimiq and this German bank. Other shareholders include the likes of Litecoin and point of sale terminal providors Salamantex.

Since then, WEG Bank has formed its crypto banking arm called Ten31 Bank. A brief look at the website will show the collaboration between the bank and Nimiq on delivering a fiat smart contract powered by Nimiq OASIS tech.

The reason why this banking partnership is so important is that it means that Nimiq OASIS can access the SEPA instant banking network through WEG Bank. This extends the potential reach of Nimiq OASIS (and by extension Nimiq Checkout) to 2,000+ European banks in 20 countries.

Although nothing concrete has officially been announced yet, you can see on Twitter that point of sale terminal provider Salamantex acquired a stake in Ten31 Bank as well.

That could be a massive deal as it would not be surprising if the plan was to integrate Nimiq OASIS into Salamantex’s point of sale terminals. If that happens, then we could see Nimiq’s tech be rolled out and used by both online and brick and mortar merchants. Now, that’s pretty exciting for anyone interested in real crypto adoption.

Research Effort Two: Albatross (Nimiq 2.0)

The second main research effort of Team Nimiq is known as the Albatross proof-of-stake consensus algorithm. This aims to provide a solution to the scalability issue faced by many blockchain projects. This has been developed in collaboration with Trinkler Software. What’s even better is that the Albatross demonstrator is already out and can be viewed here!

In terms of performance, Albatross is apparently capable of speeds close to the theoretical maximum of a single-chain protocol. Nimiq intends to implement this new consensus algorithm into Nimiq 2.0 in 2020 and this is set to be a major upgrade to the Nimiq blockchain.

To place things into context, if Albatross is able to hit its expected 1,000+ transactions per second, this would mean that Nimiq 2.0 would be able to process five times more transactions per second than PayPal. Pretty scalable if you ask us.

Nimiq Staking

Another benefit of this move to proof of stake is that NIM holders would be able to earn more NIM by staking. Unlike other projects like Ethereum (who require you to own an outrageous 32 ETH to get any staking rewards whatsoever), Nimiq will empower anyone with 1,000 NIM (around $1) to reap the benefits of staking and start earning NIM rewards.

Staking support is also planned in well known wallets like Trust Wallet (the official wallet of Binance ) and Magnum Wallet.

Team Nimiq have recently released some news about the new supply curve for Nimiq 2.0. These can be seen in Nimiq’s recent blog post here.

The key things to know are:

  • The initial rate of NIM issuance would fall from 29% currently to between 3% – 7% .
  • The staking reward return would be in the range of 6% – 14% .

The final supply curve is still a work in progress. However, we hear that a NIM staking calculator is in the works and that this should be made available to the public real soon.

Nimiq And DeFI

In case you did not know, DeFi is a massive emerging sector in the crypto space with nearly $1 billion worth of value locked up in it according to DeFiPulse.com.

In terms of what’s happening over there in DeFi, the most common use-cases are:

  • Borrowing money
  • Supplying money to earn interest
  • Trading

To understand how Nimiq could fit into this sector of crypto, it’s important to understand what DeFi actually is. In short, the way to think about DeFi is that it’s non-custodial finance – where you don’t need to trust a third party, like a bank, with your money.

Non-custodial is probably a word that most people do not know. It simply means that you still hold the keys to your crypto and do not trust them with a middle-man like a banker.

The thing to know about DeFi is that you need to use a web 3.0 wallet like MetaMask to get in on all that DeFi action. For example, lending out money on Compound Finance and earning 8% interest. The problem is that we’ve not been able to find a non-custodial crypto to fiat gateway that’s integrated either a web 3.0 wallet or a DeFi lending or trading platform. That makes things pretty hard for crypto newbies to get involved and reap the benefits of DeFi due to the numerous hoops they need to jump through.

Things would be much easier if there was a quick and easy way to get euros from a bank account, converted into Ethereum and onto some of these DeFi platforms. That’s where Nimiq OASIS integration could provide a very neat solution and actually solve this pain point. The really exciting thing is that this would make DeFi more accessible to regular people and that’s probably very good news for wider crypto adoption.

Nimiq And Non-Fungible Tokens

Non-fungible tokens or NFT’s are essentially digital collectibles. They have four key characteristics:

  • They cannot be replicated.
  • They cannot be counterfeited.
  • You can’t print them on demand.
  • They have the same ownership right and permanence guarantees as Bitcoin. However, the collectible can be personalized and unique.

Fungible tokens on the other hand are perfectly interchangeable. A bit like gold on World of Warcraft. I don’t care what gold I get, the only thing to worry about is the amount. The same is not true of special in-game swords which would be non-fungible.

Right now, the main use-case for NFT’s are in computer games with all the top NFT platforms being games. Now, to give you an idea of how big that market is, the PC gaming market is projected to be worth over $3.3 trillion in 2020 alone.

What’s really interesting is that there are emerging loan platforms like Tinlake that allow users to draw loans against NFT collateral.

The problem here is that there is no way to get Euros paid directly into your bank account through these platforms right now. That’s something that a Nimiq OASIS integration could solve and is a really interesting potential application of this tech.

Conclusion

At the time of writing, Nimiq is sitting at a market cap of ~$5 million. Now, that’s exceptionally low when you consider the potential of the project. Nimiq’s focus of ease-of-use and simplicity seems to be a tried and tested strategy from the likes of Apple and that does make a lot of sense. Most crypto newcomers struggle with the current levels of complexity and we think that this does need to be tackled for crypto to be mass adopted.

Nimiq could be primed to ride the wave of DeFi’s and NFT’s rising popularity with Nimiq OASIS’s potential application for these niches. Nimiq 2.0 is also set to be a big deal for Nimiq staking and we like how only $1 worth of NIM is required to receive those sweet staking rewards.

On top of all that, you have Nimiq Checkout and merchant adoption to be excited about and there is a lot in this project’s pipeline to indicate that Nimiq is very undervalued.

However, despite all that, Nimiq does have some challenges. The NIM token has relatively low trading volume and liquidity. This means that those who want to enter or exit big NIM positions could see significant slippage. NIM coin holders are also gambling that the Nimiq ecosystem will become increasingly adopted and it still remains to be seen if consumers and merchants will embrace and use Nimiq.

With all that being said, Nimiq seems like an asymmetric play. Either it will go to the moon or crash and burn. However, if you are looking for hidden gem crypto projects, Nimiq is certainly one that you should be keeping an eye on.

Interested in trying NIM out for yourself? Why not create a Nimiq account within 30 seconds and grab your free NIM to play around with?

Featured image courtesy of Nimiq team.

Disclaimer: This is not trading or investment advice. The above article is for entertainment and education purposes only. None of the content on Crypto Folds is investment advice nor is it a replacement for advice from a certified financial planner. Please do your own research before purchasing or investing into any cryptocurrency.  

Choosing the Right Bitcoin Mining App

By press release • April 28, 2025
Bitcoin has grown from a fringe technological curiosity into a major financial asset, and at the heart of its ecosystem lies one of its most powerful mechanisms: mining. But while mining was once the domain of tech-savvy enthusiasts with custom-built rigs, it has now become increasingly accessible to anyone with a smartphone. For those wondering how to mine Bitcoin or is mining bitcoin profitable in today’s world, the answer might just lie in the palm of their hands. How Bitcoin Mining Works Bitcoin mining is the process by which new bitcoins are entered into circulation and transactions are verified and added to the blockchain. Miners solve complex cryptographic puzzles to validate blocks of transactions. The first one to solve it gets rewarded with newly minted Bitcoins and transaction fees. This system ensures network security and maintains the decentralized nature of Bitcoin. In the past, mining required expensive hardware (like ASICs), constant energy consumption, and deep technical know-how. But recent innovations have given rise to mobile-friendly methods that offer alternative ways to participate in the mining ecosystem. Methods of Bitcoin Mining via Mobile Apps Cloud Mining: This method allows users to rent mining hardware hosted in remote data centers. Users lease a portion of mining power (hash rate) and earn a share of the mined Bitcoin. Many cloud mining platforms offer apps to monitor earnings. However, some cloud mining services have been criticized for a lack of transparency and reliability. Mobile Mining: These apps claim to mine Bitcoin directly from your phone by using its CPU or GPU. However, due to limited processing power, energy inefficiency, and wear on devices, mobile mining is generally inefficient and mostly unprofitable. Many apps in this category are more simulations than real mining tools. Digital Mining: A more advanced alternative, digital mining involves owning hash power tied to real-world mining hardware, without ever having to manage physical equipment. Through platforms like GoMining, users buy digital miners via mobile apps and earn daily Bitcoin rewards based on their virtual miner's hash power. This approach bridges real mining infrastructure with digital convenience. How to Choose a Bitcoin Mining App Selecting the best Bitcoin mining app requires careful research. Here are some key things to consider: Transparency: Make sure the bitcoin mining app provides clear information about how it works, what kind of rewards you can expect, and how mining is executed. Legitimacy: Check for user reviews, community feedback, and platform transparency. If an app promises sky-high returns with no effort, it might be a scam. Ease of Use: A good crypto mining app should be user-friendly, with intuitive navigation and helpful features such as dashboards, tutorials, and support. It’s a plus, if the app is easy for newcomers. Performance Tools: Features like a built-in crypto mining calculator help users estimate potential rewards based on input variables like hash power and token holdings. Cross-Platform Compatibility: Look for apps that work across multiple devices, including a Bitcoin mining app for Android and other mobile platforms. Ecosystem Support: Some apps go beyond mining, offering gamified tasks, referral bonuses, or access to early crypto project launches. What to Avoid Unrealistic Promises: If it sounds too good to be true, it probably is. Avoid apps guaranteeing huge returns in short periods. Poor Reviews or Lack of Information: A quick search should reveal whether the app is legitimate or has issues. Fake Mining Games: Many apps posing as " mining games " only simulate mining activity without any real payouts. Lack of Contact Info or Support: A legit app should have accessible customer service and a traceable company behind it. GoMining: A Hybrid Platform with Real Mining Power One of the most talked-about platforms in the digital mining space is GoMining. Designed to simplify access to real Bitcoin mining, GoMining lets users buy digital miners linked to physical mining hardware in professional data centers. Unlike typical cloud services, GoMining provides full transparency and offers real-time mining rewards, tracked directly in the app. It's not just a bitcoin mining app, it's a fully-fledged crypto mining ecosystem that includes: A user-friendly interface is available as an app for both Android and iOS, and as a desktop version. Tools like a calculator and the dashboard are used to estimate your earnings. Additionally, there are options to upgrade your miners and interact with your farm within the app. The GOMINING token is the native token of the ecosystem. It fulfills several purposes, among which is the option to pay for maintenance with a discount of up to 20%. The GOMINING token can also be used to gain access to voting and locked presales of Bitcoin projects on the launchpad. Giveaways, airdrops, and other perks help to enhance earning potential. Two mining modes include Solo mining and Miner Wars, a clan-based game. Whether you're a beginner or an experienced user, GoMining simplifies the process while maintaining real earning opportunities. It's widely discussed in positive GoMining app reviews and seen as one of the best Bitcoin mining app options available. Final Thoughts So, is Bitcoin mining profitable in 2025? The answer depends on your approach. Traditional methods may no longer be accessible to everyday users, but new technologies and platforms like GoMining offer modern, user-friendly alternatives. With the right research and a smart strategy, mining Bitcoin via apps can still be profitable, especially when using platforms designed for transparency, scalability, and long-term growth. If you're exploring Bitcoin mining apps , look for legitimacy, user trust, and real-world connections to mining infrastructure. Digital mining through trusted platforms offers a fresh way to participate in the Bitcoin economy, one that doesn’t require cables, coding, or constant maintenance. As the industry evolves, the tools we use must evolve too. Choosing the right app could make all the difference between a missed opportunity and a new stream of crypto income. The main thing to remember is that every user should do thorough research before committing to one app. There’s a reason DYOR (do your own research) is the motto of the most successful crypto traders and experts. 

Mark Your Calendars: Troller Cat’s Presale Goes Live on May 2

By press release • April 28, 2025
Time to Troll Your Way to Riches Crypto enthusiasts, prepare yourselves: Troller Cat is about to hit the scene with a presale launch on May 2nd, 2025 . Tapping into the electrifying meme coin space, this cat-themed token is quickly becoming the center of buzz across crypto communities—and early signs suggest it could be the next breakout star. If history is any guide, the biggest wins in crypto often come before a project captures mainstream attention. With Troller Cat’s presale imminent, the opportunity to get in early on what could be a viral sensation is rapidly closing. Introducing Troller Cat ($TCAT): A New Meme Legend in the Making Everything about Troller Cat—from its branding to its strategic rollout—signals viral potential. During its recent whitelist phase, social media exploded with anticipation, setting the stage for what’s shaping up to be one of the hottest presales of 2025. Early adopters are seeing strong fundamentals behind the meme: beyond its playful theme, Troller Cat brings serious tokenomics to the table. Featuring a deflationary model and a rewards system based on community staking, the project’s foundation is designed not just for hype—but for longevity. Timing is Everything Like the meme coins that came before it, Troller Cat is building viral momentum at an unstoppable pace. Its growing community, clever marketing, and thoughtfully crafted roadmap all hint at major upside potential. On-chain data and early Discord leaks point toward a sustainable token model, where mechanisms like token burns and staking rewards fuel ongoing community engagement and price support. For investors looking to ride the next major wave, this could be a defining moment . What Sets Troller Cat Apart? While Troller Cat fully embraces its meme roots, the project is serious about real-world execution. Built on a clean, scalable blockchain—expected to be Ethereum (ERC20)—the token is engineered for speed, low gas fees, and wallet-friendly integration, all essential factors for achieving mainstream adoption. The project’s official website, Trollercat.com , is already a buzzing hub for crypto enthusiasts and cat lovers alike. With plans for a play-to-earn Game Center, robust staking mechanisms, and future centralized exchange listings, the roadmap mixes humor with hard business acumen. From their viral whitelist campaign to carefully planned strategic partnerships, the Troller Cat team knows how to balance chaos with coordination—keeping the spirit of meme culture alive while building long-term value. The Final Countdown While crypto presales naturally carry risk, they also offer the rare opportunity to invest before mass adoption. With Troller Cat’s presale starting May 2nd , early participants could be positioning themselves ahead of what many predict will be one of 2025’s most electric meme coin launches. And for those thinking of waiting for public exchange listings? Remember: early adopters often set the price for everyone else. Glossary of Terms: Troller Cat – A meme-inspired crypto project launching its presale on May 2nd, 2025. Presale – An early-access investment phase before a token’s public launch. Whitelist – A pre-approved list of users granted early entry into a presale. Deflationary Token – A token that reduces its supply over time, often increasing scarcity. Play-to-Earn (P2E) – A gaming model where players earn crypto rewards for participating. Tokenomics – The economics and structure governing a token’s supply and incentives. Staking – Locking tokens for rewards, enhancing network security and project growth. Frequently Asked Questions: When is the Troller Cat presale launching? The presale officially starts on May 2nd, 2025. How can I join the Troller Cat whitelist? Visit trollercat.com and follow the simple instructions to secure your spot. Is the Troller Cat token deflationary? Yes, Troller Cat will feature token burns and other supply-reducing mechanics. What blockchain will Troller Cat use? While early reports pointed toward BNB Chain, updated confirmations indicate Troller Cat will launch on Ethereum (ERC20). What makes Troller Cat unique? Troller Cat combines viral meme culture with real utility, including staking rewards and future Game Center integrations. Can Troller Cat tokens be staked? Yes, staking features are expected shortly after the presale concludes. Is Troller Cat a safe investment? As with all crypto investments, there are risks. Always conduct your own research (DYOR) and review smart contract audits and KYC when available. About Troller Cat Troller Cat is a meme-inspired cryptocurrency project designed to blend viral internet culture with real-world blockchain utility. Launching its presale on May 2nd, 2025 , Troller Cat aims to build one of the most dynamic and entertaining communities in crypto. Powered by a deflationary token model, staking rewards, and future play-to-earn (P2E) integrations, Troller Cat delivers both humor and substance. Built on the Ethereum (ERC20) network for speed, scalability, and low fees, the project’s mission is to bring meme lovers and serious investors together in one electrifying ecosystem. Learn more at Trollercat.com . 

Navigating the Challenges of Bitcoin Mining

By press release • April 26, 2025
The transformation that Bitcoin went through, from a niche digital currency to a globally recognized asset, has revolutionized how we think about money, investment, and technology. By advancing decentralized finance, Bitcoin directly challenged the existing financial institutions. With the surge in interest came a growing need for innovative approaches to access this ecosystem. That’s why Bitcoin mining , once an obscure activity reserved for early tech adopters, has quickly grown into a sophisticated, multi-tiered industry. Today, it’s even more than that. Cryptocurrencies live by their own laws and regulations; there are trends to follow, and elements to understand before getting involved. Yet, despite Bitcoin’s evolution, it continues to face challenges that require new, user-friendly solutions. The Traditional Path: From CPUs to ASICs In the early days of Bitcoin, enthusiasts mined using their personal computers’ central processing units (CPUs). The power was more than enough, and the lack of interest in a new, untested technology didn’t allow for Bitcoin to make waves. Still, as competition grew, users upgraded to more powerful graphics processing units (GPUs), which offered better efficiency. The popularity of Bitcoin also surged, and that’s when Bitcoin mining slowly stopped being just a hobby. Eventually, application-specific integrated circuits (ASICs) became the standard for serious miners, offering unparalleled speed and energy efficiency. But ASICs are expensive, consume large amounts of electricity, and demand constant maintenance. Large facilities led by companies spearheaded the change and Bitcoin mass adoption . This evolution effectively shut out the average user from participating in mining. Today, running an independent mining operation requires significant capital, technical knowledge, and physical space. There are seemingly too many barriers that deter mainstream adoption. Mining as a Service: Cloud and Mobile Solutions To bridge this gap, cloud mining platforms were created. These services allow users to rent hash power from remote data centers without dealing with hardware directly. While more accessible, cloud mining platforms often lack transparency, and many have been accused of being Ponzi schemes. Some users never see a return on their investment, and that’s just part of the issue. Companies often offer a locked contract that doesn’t allow a user any control over their mining operation. Meanwhile, mobile mining apps claim to offer Bitcoin mining on phones, using device CPUs or offering simulation-based experiences. These apps are typically inefficient, power-draining, and often function more as marketing tools than real mining mechanisms. Nonetheless, they illustrate the public demand for convenient and passive income apps tied to Bitcoin. Digital Bitcoin Mining: The Most Modern Approach Digital mining is an evolution of both cloud and mobile mining. It enables users to own digital miners. A digital miner is a virtual asset that represents actual hash power in professional mining facilities. Unlike cloud mining contracts, digital miners are ownable. As such, they can be upgraded, sold, or transferred, offering more control and transparency. Digital mining removes the need for hardware ownership, offering users real mining rewards without the hassle of dealing with the issues related to traditional mining. It represents a step forward in making legit Bitcoin mining accessible to anyone, anywhere. GoMining: A Digital Mining Ecosystem A leader in this new wave is GoMining, a crypto mining website that offers a fully digital experience. Through its app and web platform, users can purchase and manage digital miners that are directly linked to physical mining operations. GoMining combines ease-of-use with real mining infrastructure. It's a Bitcoin mining website designed for both beginners and seasoned crypto users. The core of its ecosystem may be built around accessible Bitcoin mining, but there’s so much more to the platform. What sets GoMining apart is its holistic approach: Two Mining Modes: Aside from solo mining, which allows users to acquire daily BTC rewards according to the power of their farm, there is another mode. Miner Wars is a clan-based mining game, in which players join clans and compete against each other for rewards. Launchpad: A Bitcoin-centric launchpad allows Bitcoin projects to present their tokes for pre-sale. GOMINING Token: Used to pay maintenance fees at a discount, access token presales, and participate in the ecosystem through voting. The tokens can also be invested in a liquidity pool . Secure Wallet: Integrated features that allow users to hold and store their Bitcoin rewards and GOMINING tokens. Passive Income Potential: Rewards are distributed daily, and users can optimize earnings through strategic upgrades and in-game participation. LBH (Level-Based Hashrate): A tiered system that rewards long-term engagement and miner power accumulation. The GoMining platform is available as a Bitcoin miner app , suitable for mobile devices and providing Bitcoin mining on phone without draining local resources. This makes it a strong contender among crypto mining sites aiming for mass adoption of Bitcoin. Why Digital Mining Matters Digital mining lowers the barriers to entry in the Bitcoin mining world. It provides an accessible gateway into an otherwise complex industry. For those asking whether mining is still profitable, the answer is nuanced. It can bring considerable rewards, but only when done through efficient, transparent, and legitimate platforms. GoMining’s transparency, use-case versatility, and gamified features make it one of the most promising players in the space. It transforms passive income apps into real revenue channels tied to blockchain infrastructure. As Bitcoin continues its journey toward global acceptance, platforms like GoMining will play a crucial role in democratizing access to mining. They are not merely tools, they’re part of the broader movement toward decentralized financial empowerment. Final Thoughts The landscape of Bitcoin mining is shifting. From hardware-heavy operations to app-based solutions, the evolution has opened doors for millions of new participants. Digital mining, exemplified by GoMining, is the most advanced iteration yet. It offers the security of real hash power with the ease of mobile access. In navigating the challenges of Bitcoin mining, GoMining and similar passive income apps offer clarity, control, and opportunity.  They bring us one step closer to true Bitcoin mass adoption, where earning BTC is not limited to those with tech labs and industrial budgets, but is available to anyone with a phone and a plan.

Is Bitcoin Mining Popular Again?

By press release • April 26, 2025
One doesn’t have to be a Bitcoin Maximalist to realize that Bitcoin is the cornerstone of all crypto. Whenever the environment is good for the world’s no.1 cryptocurrency, it’s favorable for all the rest of them. But like any trend with high potential, in time, Bitcoin has become somewhat inaccessible. After its price had soared, Bitcoin quickly captured the attention of large companies, turning mining from an enthusiast-exclusive hobby into a massive business with huge mining farms working day and night. Mining Bitcoin: The Hidden Barriers to Entry What is mining Bitcoin really about? Without getting into the technicalities of it, mining is a process of minting new Bitcoin and rewarding it to users for solving complex math problems, using their hash power. Said hash power usually comes from either a powerful GPU or an even more powerful ASIC miner device. Those can be expensive, which is why average users don’t always view mining as a potential source of passive income . The initial investment, summed up with monthly payments for electricity and maintenance, makes it a high-risk operation without a guaranteed return. It doesn’t help that after each halving, rewards for the same amount of work are cut in half. While this is what keeps Bitcoin supply balanced, it renders a lot of mining equipment obsolete after only 4 years of service. In that sense, traditional mining requires more than just knowledge of the equipment and even more than being prepared to offer a hefty initial investment. It requires strategy and understanding of the trends as well as the ins and outs of the market. As a result, many users, even potentially interested in mining, had to resort to watching Bitcoin succeed from the sidelines, never having a chance to participate in its growth. There should be ways to remedy that. Mining Going Digital Digital mining is a relatively new approach based on something called Liquid Bitcoin Hashrate . Essentially, we are dealing with digital miners – virtual devices connected to real physical data centers. These devices can be upgraded, sold, and bought. The first collection of digital miners – The Greedy Machines – was released by GoMining in 2022. Digital Mining vs. Cloud Mining: What’s the Difference? While both digital mining and cloud mining aim to make Bitcoin mining more accessible, they differ significantly in structure, ownership, and long-term value. Understanding the differences between them can help users make smarter decisions when choosing how to mine. Cloud mining is a service-based model. Users rent a portion of mining power (hashrate) from a provider who owns and operates the physical equipment. In exchange, the user receives a share of the mining rewards. However, cloud mining contracts are often time-limited, opaque, and rigid. Users typically have no control over the equipment, can’t upgrade it, and are locked into contracts that may not be profitable if Bitcoin prices drop or network difficulty increases. Digital mining, introduces a more transparent and ownership-based alternative. Instead of renting power, users own a digital miner. This gives the user autonomy over their asset. Rewards are issued daily or weekly, based on the mining mode, and users can track their performance in real time via an app. One of the key differences lies in flexibility and strategy. With GoMining’s digital miners, users can reduce costs using GOMINING tokens, apply promo codes, or enhance earnings through perks like GoMiner avatars. This isn’t possible in traditional cloud mining setups, which tend to offer a fixed, “set-it-and-forget-it” approach. Ultimately, digital mining offers greater transparency, control, and earning potential. When it comes to passive income ideas , an ecosystem that empowers users to make strategic decisions and benefit from long-term participation in the mining economy is the best way to go. Understanding the GoMining Ecosystem The GoMining ecosystem is a powerful reimagining of how Bitcoin mining can work in today’s fast-paced, digital-first world. By removing the traditional barriers of entry, like expensive hardware, high electricity costs, and technical know-how, GoMining has made mining accessible to virtually anyone. Whether you’re a seasoned crypto enthusiast or a newcomer looking to generate passive income, GoMining offers a streamlined and user-friendly alternative to conventional mining operations. But GoMining is more than just a mining solution. It's a comprehensive platform that introduces multiple layers of utility, strategy, and gamification. One of its standout features is Miner Wars , a play-to-earn game where users form clans and compete for BTC and GOMINING token rewards. It blends entertainment with earnings, making mining more engaging and social. Another cornerstone of the ecosystem is the GoMining Launchpad – a crypto launchpad that provides early access to promising Bitcoin projects. This allows GOMINING token holders to diversify their holdings and invest in new crypto ventures ahead of public listings. It's an intelligent way to extend earning potential beyond traditional mining. GoMining also helps users save and optimize earnings through several integrated features. For example, paying maintenance fees with GOMINING tokens gives users up to 20% in discounts. Everything within the ecosystem is designed to work together: users mine BTC, earn and spend GOMINING tokens, use the app to manage activity, and grow their influence through the VIP and referral systems. The GOMINING token price is tied to the platform’s success, making it an integral part of the long-term value proposition. Bitcoin Mining in 2025? Today, in 2025, many newcomers to the crypto world wonder how to earn Bitcoin and what is Bitcoin Mining . The good news is, it’s not just by trading anymore. The landscape of mining has, indeed, changed.  But thanks to accessible platforms, like GoMining, mining Bitcoin is once again possible without large investments or extensive tech knowledge. There is a way to make decentralized finance appeal to more people, and digital mining is certainly one of those ways.
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