What Do ''Crypto Derivatives'' Mean? Learning Leveraged Trading on Bityard

February 2, 2021

 In this article, I want to introduce crypto derivates with a comprehensive guide about how to use them to earn! So let’s start with some basic knowledge…

What does ‘‘Crypto Derivatives’’ Mean?

The only way to have crypto income is not creating some content, using your entourage as referral income, or managing a crypto community. Even with a little cash and some time, you can gain huge money while trading crypto assets. Basically, trading is imagined as ‘buy the dip, sell the top’ or ‘buy the news, sell the reality’ for many people. This imagination is theoretically true but it’s not clear how many of us can apply that simple theory while trading. So it leads to improper decisions and loss of funds.

The basic scheme is like the above. This is absolutely true for any kind of asset trading. We call this a simpler method of spot trading. You have the right to own the asset, trade it, and get positive results only when a bullish move or green candle happens. But we, as humanity, don’t like the limited options as well as we don’t like waiting to buy the dips or selling the highs. So we have more than 1 option to spend time while trading. They are crypto derivatives.

For many centuries, people exchanges any kind of assets with each other. The only stationary thing is changing the objects. But if we deal with derivatives trading, there is no object to change between the buyer and the seller. There are different kinds of contracts to trade. So there’s no real buyer and seller but there’s a contract to be traded in each of 2 possible ways. Now you don’t want to wait till Bitcoin pumps to fill your sell order!

What is a ‘’Contract’’? How to Use Them?

As I stated above, the contract term reflects the object being traded. If we want to compare with spot trading, you should trade directly the prices on the spot market. But you should trade the price difference while you’re encountering the derivatives market. It means that even you don’t have the asset in your pocket, you can earn when the price fluctuates. In addition to that, the derivatives market gives you the opportunity of short selling which means you bet for a lower price and have the opportunity to earn without waiting for lower prices.

The examples are always better to explain! So let me show you the graph of Crude Oil.


(Source)

The graph shows the weekly price changes from early 2016. But we should focus on the right part, 2020. There’s a huge price fluctuation as shown above. Now firstly think as a standard trader. The only way to gain some cash on such a fluctuated asset, you must sell on the left ✅ and re-buy at the right ✅. Here comes the main difference between derivatives traders. At first, you don’t need to hold any amount of oil so you must not worry about the possible price decline like we faced in early 2020. Secondly, you have more than one option for each ✅. On the left one, you can short it, this makes you gain till the right one. In addition to that, you have the right to go long on the right one till that week.

I see some questions on your mind after the example. ‘’How the short selling is a better option than spot sell?’’ and ‘’How to buy long is a better option than spot buy?’’ are only a few of them. Don’t worry and go on reading.

What is Leverage? How Could It Be Better than Spot Market?

Let’s assume that you have 100$ and you want to double it while trading the Crude Oil. The only option to have 200$ is to purchase it at 20$ and sell it at 40$. Congrats if you’re one of the most patient traders on Earth. But what about the others? Here comes the spirit of leverages…

Leverage means that you have 100$ but you can use it like 500$, 1000$, or even 10.000$ with the proper leverage amount. Yes, this is possible! As you can see below, some trading pairs are highlighted with 5X or 10X. It means that you can use your 100$ as 500$ or 1,000$.


Now let’s think that you want to trade XRP/USDT pair and you expect the price will rise. In this situation, you have the right to open long with 10X leverage. Let’s assume that you use all 100$ with 10X leverage and longed XRPUSDT at 0.50$. After some time the price rises to 0.5073$, which equals 1.46% upper. At this time, you multiplied your earnings by 10X so the gain ratio equals 14.6% and your initial 100$ became 114.6% instead of 101.46$. But vice versa is true. If you open short with 5X leverage let’s say at 0.5123$, with the current price you gain 4.87% instead of 0.97%.

Shortly, if you use the leverage amount properly, the derivatives market you richer than expected. But never forget that the amount of losses will also be multiplied if your bet is wrong!

Up to now, I want to introduce you to the basics of leverage usage and derivatives trading. The most well-known crypto derivatives exchange is BitMEX, of course! But everyone has some complaints about BitMEX. Some complaint about over-filling and not using BitMEX all time, some say that BitMEX opens counter positions to liquidate open positions. Anyway, today’s topic is Bityard and I will compare these 2 exchanges in the scope of the derivatives market, user experience, and so on.

What is Bityard, briefly?

Bityard is another example of a crypto derivatives exchange founded in 2019. But not only providing the leveraged trading, but the Bityard users also have different options like spot trading or trading on some conventional assets such as Gold, Silver, or Natural Gas.

Bityard is the world’s leading cryptocurrency contracts exchange. Headquartered in Singapore, we provide safe, easy, and fast crypto asset trading services in more than 150 countries. Bityard adheres to the product concept of “Complex Contracts Simple Trade”, and aims to bring the ultimate simplified trading experience to customers.

Bityard welcomes you with a simple and easy-to-understand dashboard, not directly opens a trading page. On the home page, you will face too many positive features that Bityard has. Some of them include 4 different licenses over 3 different countries, easy registration and deposit processes, the user-friendly appearance of digital currencies, and many more. But maybe the most important one is not included: You can trade as little as 5 USDT! The minimal trading amount is generally set around 10$ or 0.001 BTC on many exchanges and this makes newcomers unsatisfied. Maybe it can be added to the dashboard to encourage more newbies while BTC is ready to see new ATHs any time soon. I think the team thought that Welcome Bonus is better than showing that feature. As a result, you can see the pop-up saying you up to 258 USDT Welcome Bonus.


There are 8 different tasks to complete. After each one, you will be gifted with some bonus and in the end, it makes 258 USDT in total. I know many exchanges distributed such a Welcome Bonus but most of them are limited up to 100$. For example, Phemex, the 7th most liquid derivatives exchange according to CoinMarketCap data, is promising all newcomers up to 80$ welcome bonus. Bityard leveraged the bonus with more than 3X.

Advantages and Disadvantages of Trading on Bityard

Apart from the home page, the trading segments contain 3 different pages: Spot, Contract, and Derivatives. Spot trading is the conventional one with more than 30 pairs to trade. Contract trading is the one that I want to teach you above under the general name Crypto Derivatives. There are 10 different trading pairs to use up to 50, 80, and 100X leverages. Don’t think Bityard is all, there is still 1 more part to discover: Derivatives. It contains 11 different conventional assets including Silver, Gold, and Copper to trade with up to 200X leverage for each one.

The trading pages are simplified, in my opinion. Although there is only 1 page available, not 5 on Binance for example, buy and sell positions are easy to receive. In addition to that, there are some default features on Bityard. For example the Overnight mode. If you select overnight mode, the system forces your orders to be canceled at 05.55.00 Singapore time. It may be useful for Asian traders but the default Overnight mode can cause some problems for European or American users. You can deactivate it in the Settings section just above the leverage box.


When we check for the trading fees, it’s standard for any trading 0.05%. This ratio is stable for both maker and taker orders. Comparing to most exchanges, it’s lower for taker orders but there are some exchanges that offer 0% or even negative fees for maker orders. I hope the Bityard team will reduce the fees to compete with others. But if you’re an influencer, no problem! You can supply your wallet with some referral income so fees will not be a real problem for you. Enjoy trading on Bityard with 5 different ways of referral income up to 60% commission. Or you can join Mining activity every day to create some dust USDT to cover our trading fees. So Bityard offers you many ways to reduce the standard trading fee.

What to Expect from Bityard Soon?


  • Trading with 10 crypto and 11 conventional assets is great but the number of trading pairs should exceed 40, or even 50 to reach more people.
  • Only LINK, DOT, and UNI is supported as DeFi tokens. Not to miss the current DeFi hype, users should see more DeFi trading pairs.
  • There are 9 supported languages but most of them are Asian languages. To broaden your user profile with different nationalities, more languages should be added.
  • BYD, the native coin of Bityard, has only 2 features, deducting the trade fees and getting excess income from upcoming token listings. In my opinion, BYD could have more extensive use cases.
  • Don’t give up ‘’Complex Contract, Simple Trade’’. That’s exactly what we want.

If you are not still a member of the Bityard family, come and join us. And don’t forget the participate ‘’Prediction contest’’.

Resources

  1. https://www.bityard.com/KOL
  2. https://support.bityard.com/hc/en-us/articles/360040014091-Bityard-Introduction
  3. https://news.bitcoin.com/bityard-has-now-officially-launched-register-now-and-earn-258-usdt-for-free/
  4. https://support.bityard.com/hc/en-us/articles/900004631683-Make-a-Prediction-and-Win-Up-to-888-USDT-
  5. https://coinmarketcap.com/derivatives/




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.  
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. 
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 . 
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.
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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