GoMining Token wallet

What is GoMining Token (GOMINING)?

GoMining sells fractions of real Bitcoin mining capacity as tradable digital miners, with the hardware, power and upkeep handled in its own data centres, and GOMINING is the token that runs the commercial side of that arrangement. Its main job is paying the maintenance charges attached to a miner, which is billed continuously whether or not the holder is paying attention, and the token is accepted at a discount compared with settling those charges otherwise. A share of what comes in that way is burned, so the token is designed to shrink in supply rather than grow.

The single most confusing thing about it is the ticker. This token traded as GMT for years, which put it in direct collision with an entirely unrelated GMT from a move-to-earn app, and it was renamed to GOMINING for exactly that reason. Older listings, charts and wallet entries may still show the old symbol; the asset is the same one. It also runs on several chains, first on BNB Smart Chain and then elsewhere, and each deployment is its own balance with its own fee coin, which is BNB, ETH or SOL depending where the tokens are sitting rather than GOMINING itself. On Solana it behaves as an SPL token with a token account created on first receipt.

Supported networks in Tangem (3): Ethereum, BNB Smart Chain, Solana.

With a token spread over multiple chains, Tangem lists the balances one network at a time and states on screen which network a withdrawal is leaving by, so you read that line before the card signs. Handling a multi-chain token from a wallet that never merges the chains together is the practical reason to keep GOMINING here.