The formula GoMining uses
GoMining’s documentation calculates your daily net reward as the pool reward minus maintenance fees: Net reward = Pool reward − (Electricity + Service) × (1 − Discounts). The pool reward is what your share of computing power (TH) mined that day.
- Gross rewards alone overstate what you keep.
- Look at a week of net rewards in your account rather than a single good day.
Efficiency drives the electricity fee
Electricity is charged by energy efficiency in watts per terahash (W/TH). GoMining’s example: an 8 TH miner at 20 W/TH and $0.05 per kWh costs about $0.19 a day in electricity, while the same miner at 12 W/TH costs about $0.12.
- GoMining says it uses an average electricity cost of $0.05 to $0.07 per kWh for the billing period.
- Lower W/TH means a lower fee and a higher net reward from the same TH.
Why the BTC price cuts both ways
Fees are set in US dollars but deducted from BTC rewards at the day’s exchange rate. If the BTC price falls, the same dollar fee takes more of your BTC, so net rewards shrink faster than the price alone suggests.
- A falling price, rising network difficulty and a halving can all reduce net rewards at once.
- The next Bitcoin halving, expected around 2028, will halve pool rewards while fees stay the same.
Discounts and withdrawals
GoMining offers maintenance discounts of up to 20% when fees are paid with GOMINING tokens held in its wallet, depending on how many days of fees your balance covers. Holding tokens for a discount adds exposure to that token’s price.
- At the time checked, BTC withdrawals required KYC and at least one miner created directly through GoMining.
- Read the current reward and withdrawal rules before you buy.
Working out payback
Divide what you paid for the miner by its daily net reward in dollars to get a rough payback period. Then repeat it with a lower BTC price and after the next halving. If payback only works in the best case, the purchase depends on the price rising.
- There is no guaranteed income or payback period, and resale is not assured.
- Treat any calculator as an estimate based on today’s numbers.
Your next steps.
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Sources & fact check
Checked . Provider material describes the provider’s own service. Check current terms before acting.
- GoMining maintenance fees and discounts
- GoMining energy efficiency and electricity fees
- GoMining rewards: reinvestment and withdrawal requirements
- Bitcoin Wiki: controlled supply and the halving schedule
Keep learning
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Read the full GoMining review →Run your own numbers with live BTC price and network reward. satsperday.com is run by Nodora’s owner and includes a GoMining referral code. GoMining earnings calculator →