GoMining adds terahash rewards to Simple Earn
Source report: 2026-09-11 · Editorial analysis published: 2026-09-14
Simple Earn users can direct eligible rewards into digital mining power. The announced 10% bonus is variable and eligibility limits apply.
Analysis and practical implications
This section is our analysis and illustrative calculations, separate from the source report.
What was announced
GoMining announced on September 11 that Simple Earn users can choose to receive eligible rewards as additional terahashes for an existing digital miner. The release describes a current 10% conversion bonus, which can change. Upgrades are applied daily, while eligibility is assessed in four-hour cycles. Rewards below the $0.10 cycle threshold stay in BTC and are not carried forward toward the next threshold. These are the issuer’s product terms at announcement, not a guaranteed future rate.
Which digital miners qualify
The selected digital miner must not be listed for sale, must have no active Mine Now Pay Later plan, and must remain below its maximum power. The stated efficiency limit is 20 W/TH. A user can change the reward preference, with the next cycle applying the selection. This is a platform-managed allocation of mining power: receiving more TH does not mean a physical ASIC has been delivered, nor that the user controls its firmware, location or electricity contract.
How to compare the two reward forms
Editorial explanation: BTC rewards and added hashrate have different units. BTC can be recorded as a coin balance; TH/s represents a rate of hashing and only produces a future result through continued operation. A rising hashrate balance is therefore not by itself proof that the user’s total value has increased. A fair comparison needs the BTC value converted, the price paid for the extra power, subsequent mining output and all applicable charges over the same observation period.
An illustrative conversion calculation
For a hypothetical conversion value of $1 and an illustrative price of $20 per TH, the base purchase would add 0.05 TH. A 10% quantity bonus would make that 0.055 TH, assuming this is exactly how the applicable platform quote is expressed. Neither $20 nor the resulting daily income is a current GoMining price prediction. If the conversion price changes, the same dollar reward buys a different amount of power, even when the advertised bonus percentage is unchanged.
What to record before switching
Keep a dated record of the reward currency, conversion value, quoted TH price, credited quantity and any fees. Compare several complete accounting periods instead of one successful credit. Check the actual interface for eligibility and withdrawal conditions before using the feature; a press announcement cannot replace the account’s applicable terms. More mining power still depends on the performance of the underlying operation, while keeping BTC avoids this particular reinvestment step but retains BTC price exposure.
What the announcement does not establish
The product update does not establish a fixed annual return, a fixed payback period or an independently verified increase in net profit. It changes where eligible rewards go. Our practical conclusion is to assess the conversion as a recurring purchase of future mining exposure, with its own price and operating assumptions, rather than to count the bonus as free cash. The linked issuer release is the primary source; the comparison framework and numerical example above are editorial explanations.
Keep conversion and mining in separate records
A practical ledger can use one record for reward conversion and another for subsequent mining. The first records what was exchanged and the power credited; the second records the output and deductions during operation. Connect them by date and digital-miner identifier, without merging a future expectation into a completed transaction. If comparing several periods, retain the original unit price for each conversion rather than applying the latest quote retrospectively. This makes it possible to explain whether a changed result came from the amount reinvested, the purchase price or later operation. It remains an accounting method, not a claim about a guaranteed outcome.
Source: GoMining / Chainwire ↗
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