GoMining Raises $3M from Bitscale Capital

GoMining

GoMining, a remote infrastructure company providing access to Bitcoin mining through its Liquid Bitcoin Hashrate protocol, raised $3M from Bitscale Capital.

The company intends to use the funds to expand its infrastructure to North Africa and the Middle East later this year.

Led by CEO Mark Zalan, GoMining is a global bitcoin mining company with nine data centers worldwide. Leveraging over 6 years of expertise in the crypto industry, It facilitates the global access to daily BTC mining rewards through the ownership of GoMining NFTs, backed by real computing power. To do this, the company has developed a vision based on the idea of a Liquid Bitcoin Hashrate (LBH), where NFTs represent a tangible share of its Bitcoin mining capacity, specified in power (TH/s) and energy efficiency (W/TH). Each NFT holder effectively obtains a share of a real Bitcoin mining power with the same parameters it specifies, giving them an easy way to generate daily BTC rewards.

The native token of the GoMining ecosystem, GOMINING, is accessible on both the Ethereum (ETH) and Binance Smart Chain (BSC) blockchains. The token is currently available on various exchanges, including Gate.io, Bitfinex, Bitget, MEXC, and Uniswap.

Commenting on the news, Mark Zalan said: “We are delighted to announce the commencement of our partnership with Bitscale Capital and the successful raising of $3M in investments, which will be directed towards further development of our project. The interest from prominent investors like Bitscale Capital is a clear positive signal that the solutions and ecosystem we develop, as well as our assessment of their potential, resonate with the views of institutional market participants.”

FInSMEs

06/05/2024