Large bitcoin mining companies all compete for the same people, which is the small group who already own bitcoin and want to mine it. GoMining went a different way, and a large share of the people who mine with us had never owned any $BTC before they arrived. They came in through a digital miner rather than through an exchange, and GoMining Academy is there to explain what mining is, what it does for the network, and what any of it means for them. That is a slower route than buying market share from other miners, and it is the one that actually grows the number of people using bitcoin. How did you get into bitcoin in the first place?

You hold one coin, you need another. Normally that means another app, checking rates somewhere else, waiting around for a transfer. In GoMining it all happens in one place. Pick what you have, pick what you want, and you see the rate and the fee before you agree to anything. Approve it and the new balance is sitting in your wallet. It works across different blockchains too, so nothing has to leave the app to get there. Our latest Hotel GoMining checks in a guest with exactly that problem.

GoMining grows together with you, and that works best when we meet in person. Conferences give us a stage, but the conversations that actually change our products happen later, in a smaller room with fewer people in it. That is why we hold GoClub, our own meetup at the major crypto events, where we show our users and partners what we are working on and hear what they make of it. In October we held the sixth one, in Singapore, and over the next few days we will show you how it went. There was a golf tournament, and a charity auction that is putting more than 15,000 trees in the ground in Kenya. Where should the next one be?

Our creator club has a new name, and it is open to creators anywhere. It is the Creator Club now, without the X, because good content about Gomining does not only happen in one place. Anyone can apply, whether you are starting out or already have a large audience. There are still criteria, so not every application gets through, and what we are looking for is real experience of using the app and the willingness to tell your audience about it. We value video, and creators showing what they actually do rather than describing it. We read every application, so applying does not guarantee a place.

Electricity is the largest running cost in bitcoin mining, and at a GoMining site the rate is negotiated at a scale no individual could reach. That matters because the rate you pay on a digital miner comes from the same arrangement. Someone mining at home pays household electricity prices, while a site with thousands of machines buys power on commercial terms, and the gap between those two numbers is what decides whether mining is worth doing at all. It is the part of mining nobody puts in a product video, and it is the reason the maths works. What else do you think gets overlooked about mining costs?

Invite someone to GoMining and you earn a cut of what they do here, for as long as they keep doing it. That cut comes from five places. More details below 🧵