Beginner’s Guide: Understanding Stablecoins – Tether, Gemini Dollar, DigiXDAO & DAI

Marius Bogdan Dinu • December 17, 2018

The crypto boom experienced at the end of 2017 coupled with the crash of 2018 caused massive damage to the reputation and adoption process of cryptocurrencies around the world. Companies such as Microsoft discontinued Bitcoin payments for its products and services after the wild volatility period.

Needless to say, the emergence of stable coins has arguably been one of the most significant and controversial events to occur in the crypto space. They are thought to be the solution to the volatility problem of cryptocurrency. In a market where the price of the assets you hold is constantly changing, you need the option to store your funds in a place where the value will stay the same, while still being able to spend and transfer it like any other cryptocurrency. For most of the traders, stable coins like  Tether  or  TrueUSD  have functioned as a lifeboat to escape to when they wish to exit a trade, to take profit or avoid a market crash.

What Are Stable Coins?

Since stablecoins are cryptocurrencies designed to minimize the effects of price volatility, they function as a store of value and a unit of account. To minimize volatility the value of a stablecoin can be pegged (exchange rate system – fixed) to a currency, or to exchange traded commodities (such as precious metals or industrial metals). Stablecoins backed by currencies or commodities directly are said to be centralized, whereas those leveraging other cryptocurrencies are referred to as decentralized.

Centralized Stablecoins

Currency backed stablecoins  – Cryptocurrencies backed by currency are the most common and were the first type of stablecoins on the market. Their characteristics are:

  • Their value is pegged to one or more currencies (most commonly the US dollar, also the Euro and the Swiss franc) in a fixed ratio
  • The tether is realized off-chain, through banks or other types of regulated financial institutions which serve as depositories of the currency used to back the stablecoin
  • The amount of the currency used for backing of the stablecoin has to reflect the circulating supply of the stablecoin.
  • The value of stablecoins of this type is based on the value of the backing currency, which is held by a third-party regulated financial entity. In this setting, the trust in the custodian of the backing asset is crucial for the stability of price of the stablecoin.
  • Fiat-backed stablecoins can be traded on exchanges and are redeemable from the issuer.

The cost of maintaining the stability of the stablecoin is equivalent to the cost of maintaining the backing reserve and the cost of legal compliance, maintaining licenses, auditors and the business infrastructure required by the regulator.

  • Examples: TrueUSD (TUSD), USD Tether (USDT), Paxos Standard (PAX), Gemini Dollar (GUSD) , etc.
  • Exchange-traded commodities backed stablecoins  – Stablecoins backed by commodities such as precious metals (gold, silver etc) are quite similar to fiat backed stablecoins. Their main characteristics are:
    • Their value is pegged to one or more exchange-traded commodities, in a fixed ratio
    • The peg is realized off-chain, through regulated financial institutions which serve as custodians of the commodity backing the stablecoin
    • The amount of exchange-traded commodity used to back the stablecoin has to reflect the circulating supply of the stablecoin. Holders of commodity-backed stablecoins can redeem their stablecoins at the conversion rate to take possession of real assets.
    • The cost of maintaining the stability of the stablecoin is equivalent to the cost of maintaining the backing reserve of the exchange-traded commodity and the cost of legal compliance, maintaining licenses, auditors and the business infrastructure required by the regulator.
  • Examples: Digix Gold Tokens (DGX) , etc.

Decentralized Stablecoins

Cryptocurrency backed stablecoins  – issued with cryptocurrencies as collateral, which is conceptually similar to fiat-backed stablecoins. However, the significant difference between the two designs is that while fiat collateralization typically happens off the blockchain, the cryptocurrency or crypto asset used to back this type of stablecoins is done on the blockchain, using smart contracts in a more decentralized fashion. In many cases, these work by allowing users to take out a loan against a smart-contract via locking up collateral, making it more worthwhile to pay off their debt should the stablecoin ever decrease in value. To prevent sudden crashes, a user who takes out a loan may be liquidated by the smart contract should their collateral decrease too close to the value of their withdrawal.

Significant features of crypto-backed stablecoins are:

  • The value of the stablecoin is collateralized by an another cryptocurrency or a cryptocurrency portfolio
  • The peg is executed on-chain via smart contracts
  • The supply of the stablecoins is regulated on-chain, using smart contracts
  • The price stability is achieved through introduction of supplementary instruments and incentives, not just the collateral.

The technical implementation of this type of stablecoins is more complex and varied than that of fiat-collateralized stablecoins, which introduces a greater risks of exploits due to bugs in the smart contract code. Due to the nature of the highly volatile and convergent cryptocurrency market, a very large collateral must also be maintained to ensure the stability.

Live stablecoins projects of this type are Havven (the pair: nUSD – stablecoin and HAV – the collateral- backed nUSD), DAI (pair: CDP – Collateralized Debt Position and MKR – governance token used to control the supply), etc.

Lets see some examples of stable coins:

Tether (USDT)

Tether is a controversial cryptocurrency with tokens issued by Tether Limited, which claims that each token issued is backed by one United States dollar though they may not necessarily be redeemed through the Tether platform. The stable coin is one of the most traded cryptocurrencies, and has faced controversy over its possible role in manipulating the crypto markets. Tether has always claimed to be backed 1-to-1 by a reserve of US dollars. However, many experts have questioned the truth of this claim, especially when the stable coin continues to seamlessly print $250m worth of new coins every few months with no transparency about where the $250m in real USD is coming from to back it.

The most obvious accusation is that Tether is simply a crypto version of the Federal Reserve, except it is controlled by even fewer people and operates under even less scrutiny. Their ability to print money seemingly out of thin air gives them the purchasing power to pump the price of BTC and other cryptocurrencies at will, which many have claimed was the case during the December 2017 crypto bubble.

Tether vulnerabilities

By now, most people know that Banks don’t actually hold the exact amount of funds deposited by customers in a vault somewhere. Instead, the money moves around, providing loans for debtors and paying back creditors. If in a moment of panic, all account holders of a bank were to demand to get their money out at the same time, the Bank would simply be unable to fulfill their request and likely go under trying to do so.

The same concerns have been expressed about stable coins like Tether. In a volatile market like crypto, where moments of panic are commonplace, there are significant doubts that Tether has sufficient USD backing for the majority of their holders to transfer back to fiat within a short time frame.

Gemini Dollar (GUSD)

Gemini, a US-based cryptocurrency exchange, recently announced that they would be launching the very first regulated stable coin, which will be built on the ERC20 Ethereum standard.

The ‘Gemini Dollar’ (GUSD) also claims to be pegged 1-to-1 with the US dollar, however, what sets it apart from Tether and other stable coins is their emphasis on transparency and regulatory compliance. US regulators like the New York Department of Financial Services superintendent, Maria Vullo, have approved the coin’s launch.

“These approvals demonstrate that companies can create change and strong standards of compliance within a strong state regulatory framework that safeguards regulated entities and protects consumers”.- Maria.

The exchange is hiring an independent accounting firm to perform regular, full audits of the Gemini Trust Company to ensure that the tokens have the dollars to back them. The amount of GUSD in circulation will also be publicly visible on the Ethereum blockchain. The Gemini Trust Company will also impose a strict limit on how many GUSD coins can be printed, using a “Print Limiter”, which is combined online and offline custodian mechanisms designed to ensure that the number of tokens never exceed the underlying USD balance.

GUSD Vulnerabilities

Despite the increased transparency that comes with a regulated stable coin, there are some very clear downsides for the Governments involved in this initiative. For one, Gemini can actually make GUSD non-transferable at any moment, meaning that “Gemini has the ability to freeze any account or make all tokens non-transferable. The custodian is able to completely change the implementation of the token every 48 hours.”

In addition to having a single point of failure (as a centralized company), the ability to freeze accounts and make tokens non-transferable completely violates the crypto industries ethos of decentralization, privacy, and autonomy. With GUSD, it’s quite possible that what may look like a more efficient and transparent solution to the stable coin problem may actually lead to much bigger problems for users in the long run.

DigixDAO (DGD/DGX)

Digix, aims to tokenize a safe haven asset that sees universal recognition and demand:  gold . In bringing this to the cryptocurrency world, they introduce an element of stability and tangible value that can be easily traded and transformed into other utilities.

Their journey began in 2014 and the team has accomplished much since then. This includes being the first company to conduct a crowdsale on the Ethereum blockchain where 465,134 ETH was raised in March 2016 – the DigixDAO (DGD, tradable on Binance, Huobi Pro) was born. In April 2018, the company released its first asset token, DGX .

DGX is a gold-backed token where 1 DGX represents 1g of 99.99% gold bullion that is stored in an independent and reputable vault and supplied by recognized precious metals dealers in Singapore. The gold ownership chain beginning from the bullion supplier, to the custodial holder and through to the independent audit process are fully public via the blockchain and IPFS document storage.

Maker (MKR – DAI)

In later December of 2017, the company  Maker released their long-awaited system for a decentralized stablecoin named “DAI”. DAI is an Ethereum ERC20 token that is pegged to $1 USD — every DAI is worth $1, and will always be worth $1, regardless of how much DAI is in existence. There is no centralized authority like Tether that backs its value, and no traditional bank that backs each DAI with a real US dollar. There is nothing that can be shut down, and no centralized authority that needs to be trusted. DAI lives entirely within the Ethereum blockchain using smart contracts. The way DAI accomplishes this without centralized trust is incredibly clever and interesting, and may be a game changer for cryptocurrencies. DAI is carefully balances economic incentives in the pursuit of one goal — a token that is continuously approaching the value of $1 USD.

When DAI is worth above $1, mechanisms work to decrease the price. When DAI is worth below $1, mechanisms work to increase the price. The rational actors that take part in these mechanisms do so because they earn money anytime DAI is not perfectly worth $1. This is why DAI is always floating slightly above or below $1 — it is an endless wave function bouncing infinitely close to $1, but never quite achieving it. The farther DAI goes from $1, the more incentive there is to fix it.

Conclusion

There’s no doubt that stable coins should have a place in the crypto space. They provide a bridge between the world of fiat and crypto, as well as a storage place for investors and traders to temporarily escape the massive volatility of the crypto markets. Ultimately, if stable coins are to remain a focal point within the crypto space, then the best way to operate them is under a regulatory compliant framework that still allows a large degree of decentralization and censorship resistance. This nuanced combination will be hard to carve out as regulators seek to extend their control over the space through companies like Gemini through their GUSD.

Sources: Crypto Potato ,  Wikipedia ,  Maker ,  Gemini ,  DigixDAO

Disclaimer: This is not trading or investment advice. The above article is for entertainment and education purposes only. None of the content on Crypto Folds is investment advice nor is it a replacement for advice from a certified financial planner. Please do your own research before purchasing or investing into any cryptocurrency.  

Choosing the Right Bitcoin Mining App

By press release • April 28, 2025
Bitcoin has grown from a fringe technological curiosity into a major financial asset, and at the heart of its ecosystem lies one of its most powerful mechanisms: mining. But while mining was once the domain of tech-savvy enthusiasts with custom-built rigs, it has now become increasingly accessible to anyone with a smartphone. For those wondering how to mine Bitcoin or is mining bitcoin profitable in today’s world, the answer might just lie in the palm of their hands. How Bitcoin Mining Works Bitcoin mining is the process by which new bitcoins are entered into circulation and transactions are verified and added to the blockchain. Miners solve complex cryptographic puzzles to validate blocks of transactions. The first one to solve it gets rewarded with newly minted Bitcoins and transaction fees. This system ensures network security and maintains the decentralized nature of Bitcoin. In the past, mining required expensive hardware (like ASICs), constant energy consumption, and deep technical know-how. But recent innovations have given rise to mobile-friendly methods that offer alternative ways to participate in the mining ecosystem. Methods of Bitcoin Mining via Mobile Apps Cloud Mining: This method allows users to rent mining hardware hosted in remote data centers. Users lease a portion of mining power (hash rate) and earn a share of the mined Bitcoin. Many cloud mining platforms offer apps to monitor earnings. However, some cloud mining services have been criticized for a lack of transparency and reliability. Mobile Mining: These apps claim to mine Bitcoin directly from your phone by using its CPU or GPU. However, due to limited processing power, energy inefficiency, and wear on devices, mobile mining is generally inefficient and mostly unprofitable. Many apps in this category are more simulations than real mining tools. Digital Mining: A more advanced alternative, digital mining involves owning hash power tied to real-world mining hardware, without ever having to manage physical equipment. Through platforms like GoMining, users buy digital miners via mobile apps and earn daily Bitcoin rewards based on their virtual miner's hash power. This approach bridges real mining infrastructure with digital convenience. How to Choose a Bitcoin Mining App Selecting the best Bitcoin mining app requires careful research. Here are some key things to consider: Transparency: Make sure the bitcoin mining app provides clear information about how it works, what kind of rewards you can expect, and how mining is executed. Legitimacy: Check for user reviews, community feedback, and platform transparency. If an app promises sky-high returns with no effort, it might be a scam. Ease of Use: A good crypto mining app should be user-friendly, with intuitive navigation and helpful features such as dashboards, tutorials, and support. It’s a plus, if the app is easy for newcomers. Performance Tools: Features like a built-in crypto mining calculator help users estimate potential rewards based on input variables like hash power and token holdings. Cross-Platform Compatibility: Look for apps that work across multiple devices, including a Bitcoin mining app for Android and other mobile platforms. Ecosystem Support: Some apps go beyond mining, offering gamified tasks, referral bonuses, or access to early crypto project launches. What to Avoid Unrealistic Promises: If it sounds too good to be true, it probably is. Avoid apps guaranteeing huge returns in short periods. Poor Reviews or Lack of Information: A quick search should reveal whether the app is legitimate or has issues. Fake Mining Games: Many apps posing as " mining games " only simulate mining activity without any real payouts. Lack of Contact Info or Support: A legit app should have accessible customer service and a traceable company behind it. GoMining: A Hybrid Platform with Real Mining Power One of the most talked-about platforms in the digital mining space is GoMining. Designed to simplify access to real Bitcoin mining, GoMining lets users buy digital miners linked to physical mining hardware in professional data centers. Unlike typical cloud services, GoMining provides full transparency and offers real-time mining rewards, tracked directly in the app. It's not just a bitcoin mining app, it's a fully-fledged crypto mining ecosystem that includes: A user-friendly interface is available as an app for both Android and iOS, and as a desktop version. Tools like a calculator and the dashboard are used to estimate your earnings. Additionally, there are options to upgrade your miners and interact with your farm within the app. The GOMINING token is the native token of the ecosystem. It fulfills several purposes, among which is the option to pay for maintenance with a discount of up to 20%. The GOMINING token can also be used to gain access to voting and locked presales of Bitcoin projects on the launchpad. Giveaways, airdrops, and other perks help to enhance earning potential. Two mining modes include Solo mining and Miner Wars, a clan-based game. Whether you're a beginner or an experienced user, GoMining simplifies the process while maintaining real earning opportunities. It's widely discussed in positive GoMining app reviews and seen as one of the best Bitcoin mining app options available. Final Thoughts So, is Bitcoin mining profitable in 2025? The answer depends on your approach. Traditional methods may no longer be accessible to everyday users, but new technologies and platforms like GoMining offer modern, user-friendly alternatives. With the right research and a smart strategy, mining Bitcoin via apps can still be profitable, especially when using platforms designed for transparency, scalability, and long-term growth. If you're exploring Bitcoin mining apps , look for legitimacy, user trust, and real-world connections to mining infrastructure. Digital mining through trusted platforms offers a fresh way to participate in the Bitcoin economy, one that doesn’t require cables, coding, or constant maintenance. As the industry evolves, the tools we use must evolve too. Choosing the right app could make all the difference between a missed opportunity and a new stream of crypto income. The main thing to remember is that every user should do thorough research before committing to one app. There’s a reason DYOR (do your own research) is the motto of the most successful crypto traders and experts. 

Mark Your Calendars: Troller Cat’s Presale Goes Live on May 2

By press release • April 28, 2025
Time to Troll Your Way to Riches Crypto enthusiasts, prepare yourselves: Troller Cat is about to hit the scene with a presale launch on May 2nd, 2025 . Tapping into the electrifying meme coin space, this cat-themed token is quickly becoming the center of buzz across crypto communities—and early signs suggest it could be the next breakout star. If history is any guide, the biggest wins in crypto often come before a project captures mainstream attention. With Troller Cat’s presale imminent, the opportunity to get in early on what could be a viral sensation is rapidly closing. Introducing Troller Cat ($TCAT): A New Meme Legend in the Making Everything about Troller Cat—from its branding to its strategic rollout—signals viral potential. During its recent whitelist phase, social media exploded with anticipation, setting the stage for what’s shaping up to be one of the hottest presales of 2025. Early adopters are seeing strong fundamentals behind the meme: beyond its playful theme, Troller Cat brings serious tokenomics to the table. Featuring a deflationary model and a rewards system based on community staking, the project’s foundation is designed not just for hype—but for longevity. Timing is Everything Like the meme coins that came before it, Troller Cat is building viral momentum at an unstoppable pace. Its growing community, clever marketing, and thoughtfully crafted roadmap all hint at major upside potential. On-chain data and early Discord leaks point toward a sustainable token model, where mechanisms like token burns and staking rewards fuel ongoing community engagement and price support. For investors looking to ride the next major wave, this could be a defining moment . What Sets Troller Cat Apart? While Troller Cat fully embraces its meme roots, the project is serious about real-world execution. Built on a clean, scalable blockchain—expected to be Ethereum (ERC20)—the token is engineered for speed, low gas fees, and wallet-friendly integration, all essential factors for achieving mainstream adoption. The project’s official website, Trollercat.com , is already a buzzing hub for crypto enthusiasts and cat lovers alike. With plans for a play-to-earn Game Center, robust staking mechanisms, and future centralized exchange listings, the roadmap mixes humor with hard business acumen. From their viral whitelist campaign to carefully planned strategic partnerships, the Troller Cat team knows how to balance chaos with coordination—keeping the spirit of meme culture alive while building long-term value. The Final Countdown While crypto presales naturally carry risk, they also offer the rare opportunity to invest before mass adoption. With Troller Cat’s presale starting May 2nd , early participants could be positioning themselves ahead of what many predict will be one of 2025’s most electric meme coin launches. And for those thinking of waiting for public exchange listings? Remember: early adopters often set the price for everyone else. Glossary of Terms: Troller Cat – A meme-inspired crypto project launching its presale on May 2nd, 2025. Presale – An early-access investment phase before a token’s public launch. Whitelist – A pre-approved list of users granted early entry into a presale. Deflationary Token – A token that reduces its supply over time, often increasing scarcity. Play-to-Earn (P2E) – A gaming model where players earn crypto rewards for participating. Tokenomics – The economics and structure governing a token’s supply and incentives. Staking – Locking tokens for rewards, enhancing network security and project growth. Frequently Asked Questions: When is the Troller Cat presale launching? The presale officially starts on May 2nd, 2025. How can I join the Troller Cat whitelist? Visit trollercat.com and follow the simple instructions to secure your spot. Is the Troller Cat token deflationary? Yes, Troller Cat will feature token burns and other supply-reducing mechanics. What blockchain will Troller Cat use? While early reports pointed toward BNB Chain, updated confirmations indicate Troller Cat will launch on Ethereum (ERC20). What makes Troller Cat unique? Troller Cat combines viral meme culture with real utility, including staking rewards and future Game Center integrations. Can Troller Cat tokens be staked? Yes, staking features are expected shortly after the presale concludes. Is Troller Cat a safe investment? As with all crypto investments, there are risks. Always conduct your own research (DYOR) and review smart contract audits and KYC when available. About Troller Cat Troller Cat is a meme-inspired cryptocurrency project designed to blend viral internet culture with real-world blockchain utility. Launching its presale on May 2nd, 2025 , Troller Cat aims to build one of the most dynamic and entertaining communities in crypto. Powered by a deflationary token model, staking rewards, and future play-to-earn (P2E) integrations, Troller Cat delivers both humor and substance. Built on the Ethereum (ERC20) network for speed, scalability, and low fees, the project’s mission is to bring meme lovers and serious investors together in one electrifying ecosystem. Learn more at Trollercat.com . 

Navigating the Challenges of Bitcoin Mining

By press release • April 26, 2025
The transformation that Bitcoin went through, from a niche digital currency to a globally recognized asset, has revolutionized how we think about money, investment, and technology. By advancing decentralized finance, Bitcoin directly challenged the existing financial institutions. With the surge in interest came a growing need for innovative approaches to access this ecosystem. That’s why Bitcoin mining , once an obscure activity reserved for early tech adopters, has quickly grown into a sophisticated, multi-tiered industry. Today, it’s even more than that. Cryptocurrencies live by their own laws and regulations; there are trends to follow, and elements to understand before getting involved. Yet, despite Bitcoin’s evolution, it continues to face challenges that require new, user-friendly solutions. The Traditional Path: From CPUs to ASICs In the early days of Bitcoin, enthusiasts mined using their personal computers’ central processing units (CPUs). The power was more than enough, and the lack of interest in a new, untested technology didn’t allow for Bitcoin to make waves. Still, as competition grew, users upgraded to more powerful graphics processing units (GPUs), which offered better efficiency. The popularity of Bitcoin also surged, and that’s when Bitcoin mining slowly stopped being just a hobby. Eventually, application-specific integrated circuits (ASICs) became the standard for serious miners, offering unparalleled speed and energy efficiency. But ASICs are expensive, consume large amounts of electricity, and demand constant maintenance. Large facilities led by companies spearheaded the change and Bitcoin mass adoption . This evolution effectively shut out the average user from participating in mining. Today, running an independent mining operation requires significant capital, technical knowledge, and physical space. There are seemingly too many barriers that deter mainstream adoption. Mining as a Service: Cloud and Mobile Solutions To bridge this gap, cloud mining platforms were created. These services allow users to rent hash power from remote data centers without dealing with hardware directly. While more accessible, cloud mining platforms often lack transparency, and many have been accused of being Ponzi schemes. Some users never see a return on their investment, and that’s just part of the issue. Companies often offer a locked contract that doesn’t allow a user any control over their mining operation. Meanwhile, mobile mining apps claim to offer Bitcoin mining on phones, using device CPUs or offering simulation-based experiences. These apps are typically inefficient, power-draining, and often function more as marketing tools than real mining mechanisms. Nonetheless, they illustrate the public demand for convenient and passive income apps tied to Bitcoin. Digital Bitcoin Mining: The Most Modern Approach Digital mining is an evolution of both cloud and mobile mining. It enables users to own digital miners. A digital miner is a virtual asset that represents actual hash power in professional mining facilities. Unlike cloud mining contracts, digital miners are ownable. As such, they can be upgraded, sold, or transferred, offering more control and transparency. Digital mining removes the need for hardware ownership, offering users real mining rewards without the hassle of dealing with the issues related to traditional mining. It represents a step forward in making legit Bitcoin mining accessible to anyone, anywhere. GoMining: A Digital Mining Ecosystem A leader in this new wave is GoMining, a crypto mining website that offers a fully digital experience. Through its app and web platform, users can purchase and manage digital miners that are directly linked to physical mining operations. GoMining combines ease-of-use with real mining infrastructure. It's a Bitcoin mining website designed for both beginners and seasoned crypto users. The core of its ecosystem may be built around accessible Bitcoin mining, but there’s so much more to the platform. What sets GoMining apart is its holistic approach: Two Mining Modes: Aside from solo mining, which allows users to acquire daily BTC rewards according to the power of their farm, there is another mode. Miner Wars is a clan-based mining game, in which players join clans and compete against each other for rewards. Launchpad: A Bitcoin-centric launchpad allows Bitcoin projects to present their tokes for pre-sale. GOMINING Token: Used to pay maintenance fees at a discount, access token presales, and participate in the ecosystem through voting. The tokens can also be invested in a liquidity pool . Secure Wallet: Integrated features that allow users to hold and store their Bitcoin rewards and GOMINING tokens. Passive Income Potential: Rewards are distributed daily, and users can optimize earnings through strategic upgrades and in-game participation. LBH (Level-Based Hashrate): A tiered system that rewards long-term engagement and miner power accumulation. The GoMining platform is available as a Bitcoin miner app , suitable for mobile devices and providing Bitcoin mining on phone without draining local resources. This makes it a strong contender among crypto mining sites aiming for mass adoption of Bitcoin. Why Digital Mining Matters Digital mining lowers the barriers to entry in the Bitcoin mining world. It provides an accessible gateway into an otherwise complex industry. For those asking whether mining is still profitable, the answer is nuanced. It can bring considerable rewards, but only when done through efficient, transparent, and legitimate platforms. GoMining’s transparency, use-case versatility, and gamified features make it one of the most promising players in the space. It transforms passive income apps into real revenue channels tied to blockchain infrastructure. As Bitcoin continues its journey toward global acceptance, platforms like GoMining will play a crucial role in democratizing access to mining. They are not merely tools, they’re part of the broader movement toward decentralized financial empowerment. Final Thoughts The landscape of Bitcoin mining is shifting. From hardware-heavy operations to app-based solutions, the evolution has opened doors for millions of new participants. Digital mining, exemplified by GoMining, is the most advanced iteration yet. It offers the security of real hash power with the ease of mobile access. In navigating the challenges of Bitcoin mining, GoMining and similar passive income apps offer clarity, control, and opportunity.  They bring us one step closer to true Bitcoin mass adoption, where earning BTC is not limited to those with tech labs and industrial budgets, but is available to anyone with a phone and a plan.

Is Bitcoin Mining Popular Again?

By press release • April 26, 2025
One doesn’t have to be a Bitcoin Maximalist to realize that Bitcoin is the cornerstone of all crypto. Whenever the environment is good for the world’s no.1 cryptocurrency, it’s favorable for all the rest of them. But like any trend with high potential, in time, Bitcoin has become somewhat inaccessible. After its price had soared, Bitcoin quickly captured the attention of large companies, turning mining from an enthusiast-exclusive hobby into a massive business with huge mining farms working day and night. Mining Bitcoin: The Hidden Barriers to Entry What is mining Bitcoin really about? Without getting into the technicalities of it, mining is a process of minting new Bitcoin and rewarding it to users for solving complex math problems, using their hash power. Said hash power usually comes from either a powerful GPU or an even more powerful ASIC miner device. Those can be expensive, which is why average users don’t always view mining as a potential source of passive income . The initial investment, summed up with monthly payments for electricity and maintenance, makes it a high-risk operation without a guaranteed return. It doesn’t help that after each halving, rewards for the same amount of work are cut in half. While this is what keeps Bitcoin supply balanced, it renders a lot of mining equipment obsolete after only 4 years of service. In that sense, traditional mining requires more than just knowledge of the equipment and even more than being prepared to offer a hefty initial investment. It requires strategy and understanding of the trends as well as the ins and outs of the market. As a result, many users, even potentially interested in mining, had to resort to watching Bitcoin succeed from the sidelines, never having a chance to participate in its growth. There should be ways to remedy that. Mining Going Digital Digital mining is a relatively new approach based on something called Liquid Bitcoin Hashrate . Essentially, we are dealing with digital miners – virtual devices connected to real physical data centers. These devices can be upgraded, sold, and bought. The first collection of digital miners – The Greedy Machines – was released by GoMining in 2022. Digital Mining vs. Cloud Mining: What’s the Difference? While both digital mining and cloud mining aim to make Bitcoin mining more accessible, they differ significantly in structure, ownership, and long-term value. Understanding the differences between them can help users make smarter decisions when choosing how to mine. Cloud mining is a service-based model. Users rent a portion of mining power (hashrate) from a provider who owns and operates the physical equipment. In exchange, the user receives a share of the mining rewards. However, cloud mining contracts are often time-limited, opaque, and rigid. Users typically have no control over the equipment, can’t upgrade it, and are locked into contracts that may not be profitable if Bitcoin prices drop or network difficulty increases. Digital mining, introduces a more transparent and ownership-based alternative. Instead of renting power, users own a digital miner. This gives the user autonomy over their asset. Rewards are issued daily or weekly, based on the mining mode, and users can track their performance in real time via an app. One of the key differences lies in flexibility and strategy. With GoMining’s digital miners, users can reduce costs using GOMINING tokens, apply promo codes, or enhance earnings through perks like GoMiner avatars. This isn’t possible in traditional cloud mining setups, which tend to offer a fixed, “set-it-and-forget-it” approach. Ultimately, digital mining offers greater transparency, control, and earning potential. When it comes to passive income ideas , an ecosystem that empowers users to make strategic decisions and benefit from long-term participation in the mining economy is the best way to go. Understanding the GoMining Ecosystem The GoMining ecosystem is a powerful reimagining of how Bitcoin mining can work in today’s fast-paced, digital-first world. By removing the traditional barriers of entry, like expensive hardware, high electricity costs, and technical know-how, GoMining has made mining accessible to virtually anyone. Whether you’re a seasoned crypto enthusiast or a newcomer looking to generate passive income, GoMining offers a streamlined and user-friendly alternative to conventional mining operations. But GoMining is more than just a mining solution. It's a comprehensive platform that introduces multiple layers of utility, strategy, and gamification. One of its standout features is Miner Wars , a play-to-earn game where users form clans and compete for BTC and GOMINING token rewards. It blends entertainment with earnings, making mining more engaging and social. Another cornerstone of the ecosystem is the GoMining Launchpad – a crypto launchpad that provides early access to promising Bitcoin projects. This allows GOMINING token holders to diversify their holdings and invest in new crypto ventures ahead of public listings. It's an intelligent way to extend earning potential beyond traditional mining. GoMining also helps users save and optimize earnings through several integrated features. For example, paying maintenance fees with GOMINING tokens gives users up to 20% in discounts. Everything within the ecosystem is designed to work together: users mine BTC, earn and spend GOMINING tokens, use the app to manage activity, and grow their influence through the VIP and referral systems. The GOMINING token price is tied to the platform’s success, making it an integral part of the long-term value proposition. Bitcoin Mining in 2025? Today, in 2025, many newcomers to the crypto world wonder how to earn Bitcoin and what is Bitcoin Mining . The good news is, it’s not just by trading anymore. The landscape of mining has, indeed, changed.  But thanks to accessible platforms, like GoMining, mining Bitcoin is once again possible without large investments or extensive tech knowledge. There is a way to make decentralized finance appeal to more people, and digital mining is certainly one of those ways.
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