GoМining
Crypto Overview
Overview
GoMining is a cryptocurrency token launched by GoMining, a Bitcoin mining company. The token represents ownership in Bitcoin mining operations, with each token backed by real Bitcoin mining hashpower.
Purpose and Utility
The primary utility of GoMining token is to provide holders with daily Bitcoin mining rewards proportional to their token holdings. The hashpower backing each token is maintained by the company through their mining facilities.
Business Model
The business model involves operating Bitcoin mining facilities and distributing mining rewards to token holders. This represents a tangible, asset-backed operation where real value is being created through mining activities.
Real-World Adoption
The project maintains active mining operations with verified facilities. Token holders receive daily BTC distributions from actual mining rewards, demonstrating real utility implementation.
Platform Development
The project focuses on mining operations rather than software development. Regular updates primarily concern mining facility expansions and hardware upgrades.
Token Distribution
Token distribution information shows significant portions allocated to mining operations, with transparent vesting schedules for team allocations.
Revenue Model Analysis
The revenue model is based on Bitcoin mining operations - a halal activity that involves securing the Bitcoin network and receiving rewards for computational work performed.
Crypto Impact
To assign a comfort level investing in GoМining from a halal perspective we need to determine whether it has a net positive or negative impact.
Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to GoМining.
If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.
We will review your contribution for accuracy before publication.
Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.
You only have one vote per asset so use it wisely.
You can change your vote if you change your mind.