Catenaa, Saturday, September 19, 2026- GoMining has expanded its Simple Earn product to let users convert crypto yield directly into Bitcoin mining power, allowing rewards to increase the computing capacity of digital miners rather than being paid only in BTC.
The company said users can now choose terahash, or TH, as their reward type and direct the converted amount to an eligible digital Bitcoin miner.
GoMining said the feature is the first of its kind to convert rewards from a standard crypto yield product directly into owned mining power. That claim was made by the company and has not been independently verified.
Simple Earn is an automated yield feature available through the GoMining app.
Users can earn rewards on supported crypto balances without locking their funds or restricting withdrawals.
Supported assets include bitcoin, USDT, USDC, ether, solana, BNB and Gram, formerly Toncoin.
GoMining said it selects and monitors the underlying onchain protocols and adjusts allocations when needed, reducing the need for users to manage individual yield strategies.
Simple Earn normally calculates rewards according to the asset balance and applicable annual percentage rate and pays them in BTC.
With the new option, users can instead select TH and choose which digital miner should receive the additional computing power.
Rewards are converted into terahash capacity and applied as a single miner upgrade once each day, based on the TH price at the time of conversion.
GoMining is currently adding a 10% bonus to rewards converted into TH.
The company said the bonus is a current promotional rate rather than a permanent feature.
The conversion is subject to minimum thresholds.
A four-hour reward cycle must generate at least 10 cents before it can be reinvested into mining power.
Smaller rewards continue to be paid in BTC, and any amount below the threshold does not carry forward into the next cycle.
Digital miners must also meet several conditions to receive TH rewards.
The miner cannot be listed for sale, cannot have an active Mine Now, Pay Later installment plan and must operate at an efficiency of 20 watts per terahash or better.
It must also have remaining capacity before reaching its maximum mining power.
Users can switch between BTC and TH rewards at any time, with changes taking effect from the next four-hour reward cycle.
The new feature reflects a broader trend toward tokenized access to Bitcoin mining.
Traditional Bitcoin mining requires specialized ASIC hardware, electricity infrastructure, cooling systems and ongoing maintenance.
Platforms such as GoMining attempt to separate ownership of mining capacity from direct ownership and operation of physical machines.
GoMining represents mining capacity through digital miners linked to real hardware operating in data centers.
The company says this allows users to gain exposure to Bitcoin mining without directly installing or maintaining equipment.
GoMining reported more than 5.6 million users as of September and said its combined mining operations rank among the 10 largest Bitcoin mining entities globally by hashrate.
Those figures were supplied by the company and were not independently verified by Catenaa.
The platform has expanded beyond mining into several related financial products.
Its services include a crypto payment card, collateralized borrowing through Instant Funds and Miner Wars, a game that distributes BTC and GOMINING token rewards.
The GOMINING token is used for platform benefits including maintenance discounts and rewards.
The latest Simple Earn update adds another layer to that ecosystem by turning passive crypto yield into additional mining capacity.
Instead of receiving all rewards as bitcoin, users can reinvest part of their yield into greater hashrate, potentially increasing future mining output.
The model also carries risks tied to crypto yield strategies, Bitcoin mining economics, energy costs and changes in the market price of mining power.
For GoMining, the new option links two parts of its business more closely by turning yield from idle crypto balances into additional computing capacity for its digital mining products.
