GoMining has launched a $100 million Bitcoin mining fund for institutional investors.

robot
Abstract generation in progress

PANews, April 2nd news, according to Cointelegraph, the cryptocurrency mining company GoMining recently announced the launch of a Bitcoin mining fund called "Alpha Blocks Fund" with a scale of 100 million USD for institutional investors. The fund will be custodied by the digital asset custodian giant BitGo, and will provide mining revenue distribution for investors through a compound computing power strategy, focusing on a value-added model of reinvesting Bitcoin rewards. A spokesperson for GoMining stated: "Unlike passive equity investments, the Alpha Blocks fund provides investors with the opportunity to directly mine Bitcoin through fully managed, composite hash rate strategies. Bitcoin rewards will be reinvested to increase the fund's hash rate and improve miner efficiency." Although GoMining's Bitcoin fund is aimed at institutional investors, its flagship product targets retail miners who may lack the funds to build heavy mining equipment.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 3
  • Share
Comment
0/400
Wqz1262vip
· 04-02 00:05
Although GoMining's Bitcoin fund is aimed at institutional investors, its flagship product is targeted at retail investors who may lack the funds to build heavy mining equipment.
View OriginalReply0
ABDULJABBARvip
· 04-02 00:03
The bullish market is at its peak 🐂
View OriginalReply0
ABDULJABBARvip
· 04-02 00:01
Watch closely 🔍
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)