GoMining’s daily maintenance fees cover the essential services needed to keep your Digital miners operational, but there are effective ways to minimize these costs. Here’s a quick guide on how maintenance fees work and how to take full advantage of available discounts.
What are maintenance fees?
Each Digital miner represents a share of real mining equipment that requires daily maintenance. The fees cover electricity costs and round-the-clock equipment upkeep to ensure your Digital miners keep generating rewards efficiently. GoMining offers these services at rates well below market averages, while still delivering top-quality support.
Maintenance fees are deducted from your daily mining rewards, which directly affects your net earnings.
This is how we calculate your daily rewards:
Net Reward = Mining Reward - ([Electricity + Service] * [100% - Discounts])
Applying more discounts reduces your fees, meaning more Bitcoin is retained each day.
How can you reduce maintenance fees?
You have several options to reduce your maintenance fees:
Token Payment Discount: Save up to 20% by paying with GOMINING tokens. Top up your virtual wallet with GOMINING tokens and enable “Pay maintenance in GOMINING” in the settings. For every 18 days of coverage, you get a 1% discount, reaching up to a maximum 20% if you hold enough tokens for 360 days. This also includes tokens locked in veGoMining.
Service Button: Click the “Service” button daily to increase your discount by 0.3% for each consecutive day, up to a maximum of 3% after 10 days. Make sure you click it every day to keep the streak going
Farm Level Discount: Your discount rate improves as your mining farm’s total power increases, with higher levels offering better rates with a maximum discount of 6%
Solo Mining Mode: Users can receive automatic discounts when mining solo, determined by veGOMINING cycles and voting outcomes, however, discounts will not be available for those participating in Miner Wars
October 21, 2024
