Direct answer
GoMining is a narrow-fit product, not a default alternative to buying Bitcoin. It produces real BTC and GOMINING rewards, and a well-priced miner or a disciplined Miner Wars strategy can work. But the headline ROI excludes miner depreciation, additional token capital, lock risk, marketplace liquidity and platform dependency. For most people seeking Bitcoin exposure, spot BTC is simpler and more liquid. Consider GoMining only as a small, unleveraged, actively monitored position.
Potentially suitable for a small group of experienced, unleveraged users who deliberately want mining or Miner Wars exposure and can evaluate miner price, efficiency, maintenance, resale value and platform risk. For most people seeking Bitcoin exposure, buying Bitcoin directly is simpler and more liquid.
- The condition that matters most
- The position has to stay small and unleveraged, meaning bought with no borrowed money, and it has to be monitored actively. The miner also has to be bought at a price the buyer can defend. Remove any one of those and the narrow case does not hold.
- What this does not tell you
- This analysis prices the mechanism, the costs and the risks. It does not forecast the Bitcoin price, the GOMINING price or what a miner bought today will resell for, and it cannot say whether the product suits any particular person. The personal result below is one account over one period, reconstructed from economic value rather than audited from bank statements.
- Last reviewed
What the decision turns on
The cost that is not shown
Miner depreciation
It is not displayed as a daily fee, and it can be the largest cost.
Key dependency
One platform
Rewards, maintenance, withdrawals, discounts, locks, Miner Wars and marketplace access all run through GoMining.
Central risk
No guaranteed exit
Resale is peer-to-peer only, and GoMining's terms state that a listing guarantees neither a buyer nor a price.
Main alternative
Spot Bitcoin
Buying and holding the coin itself. More liquid, with no maintenance strategy, no miner resale market and no second token position.
Why this verdict
The short form of the reasoning. Each point is developed in the analysis below.
- The rewards are real. A well-priced efficient miner showed a genuine operating yield in the marketplace snapshots, so the question is not whether GoMining pays.
- The displayed ROI measures operating income against the miner price alone. It leaves out miner depreciation and the GOMINING capital the maximum maintenance discount requires, and both belong in the denominator.
- Miner resale value decides the outcome more often than payouts do. A miner can produce positive rewards every day while its resale price falls faster than the rewards accumulate.
- The maximum maintenance discount can require a GOMINING position close to the miner's own price. That is a second concentrated exposure to the same ecosystem, not a discount, and locking it removes the early exit as well.
- Most people who want Bitcoin exposure can get it more simply. Direct BTC needs no maintenance strategy, no resale market and no second token position, and on the matched-cash-flow comparison of UBWHY's own account it finished ahead.
What would change the verdict
These are the conditions under which this verdict is re-taken rather than merely re-dated. They are review triggers, not predictions.
- Pricing or fee structure
- A change to the service fee, the electricity rate or the maintenance discount tiers moves the operating yield the narrow case rests on.
- Product mechanics
- A change to Miner Wars scoring, the reward pools or the token discount mechanism changes which miners are rational to buy, and the price-per-PPS thresholds with it.
- Liquidity or exit process
- A material change in secondary-marketplace depth, in the access fee on a completed sale, or in the ability to list at all would remove the exit this verdict assumes exists without guaranteeing.
- Affiliate compensation or user benefit
- A change to the Ambassador compensation, or to the benefits attached to the published code, is re-checked against the Affiliate Link Approval Rule before the code stays up.
- A key scenario input beyond the published range
- A gross pool payout, miner resale price or GOMINING price outside the published sensitivity ranges puts the scenario tables outside the range they were computed for.
What the product actually is
GoMining sells digital miners whose computing power is linked by the company to physical Bitcoin-mining infrastructure. Each miner has two central specifications:
- Power, measured in terahashes per second (TH/s). More TH generally means a larger share of mining output.
- Energy efficiency, measured in watts per terahash (W/TH). Lower W/TH means lower electricity cost for the same power.
In ordinary Mining mode, the user receives BTC rewards after electricity and service fees. In Miner Wars, miners compete through clans and leagues for weekly BTC rewards and separate personal GOMINING-token rewards.
A digital miner is not the same asset as Bitcoin. It is a platform-dependent digital asset that produces rewards, incurs maintenance, and may later be sold to another user through GoMining’s secondary marketplace.
How the model works
Mining mode
The simplified model is:
Pool reward
- electricity
- service fee
+ applicable discounts
= net BTC reward
GoMining states that electricity depends on computing power, energy efficiency, the applicable electricity rate, and the BTC price used for conversion. Its published service-fee formula uses $0.0089 per TH per day before conversion into BTC. The company states that electricity has generally ranged from $0.05 to $0.07 per kWh.
A user can pay maintenance in BTC or in GOMINING. Paying in GOMINING can produce a discount of up to 20%, based on how many days of maintenance the user’s virtual-wallet balance plus locked tokens can cover. More than 360 days of coverage is required for the maximum token discount, while the virtual wallet still needs enough liquid GOMINING to make the actual payments.
Miner Wars
Miner Wars is a competitive mining mode organised into clans, leagues, weekly cycles and personal battles. Base scoring uses:
PPS = TH x 20 / (W/TH)
Higher TH helps; lower W/TH improves points per unit of power. Clan BTC rewards carry electricity and service fees for the seven-day cycle. Personal battle winners receive GOMINING rewards from a separate pool. GoMining states that these personal token rewards are not reduced according to the winner’s energy efficiency after the win.
Miner Wars is therefore not automatically worse than ordinary Mining mode. It can produce a better result for a miner bought cheaply per unit of PPS, combined with a suitable clan, league and spell strategy.
Where returns or utility come from
A user’s economic return can come from several sources:
- Net BTC mining rewards after maintenance.
- Personal GOMINING rewards from Miner Wars wins.
- Clan BTC rewards in Miner Wars.
- A higher resale value if another user later pays more for the miner.
- GOMINING lock rewards when tokens are locked for veGOMINING voting power.
- Maintenance savings from token, VIP, service-button or mode-specific discounts.
These sources should not be blurred together.
Mining rewards are operating income. Miner resale value is a separate capital outcome. Lock rewards are compensation in the same platform token whose value can rise or fall. A high operating yield can coexist with a negative total investment return if the miner or token loses enough value.
Miner Wars personal rewards are partly competitive redistribution. GoMining states that 97.5% of tokens spent on boosts and spells enters the personal prize pool, while 2.5% goes to Miner Wars development; governance and marketing allocations can add further value. An individual player can outperform, but not every player can capture an above-average share of the same spell-funded pool.
Costs and deductions
Electricity
Electricity rises with TH and W/TH. A high-power, inefficient miner can therefore generate a large gross reward while losing most of it to maintenance in ordinary Mining mode.
Service fee
GoMining publishes a service cost based on $0.0089 per TH per day, converted at the relevant BTC price.
Secondary-market fee
GoMining’s current terms state a 5% access fee on completed secondary-market transactions. The seller also needs a buyer; a listing is not a guaranteed sale.
Miner depreciation
Depreciation is not displayed as a daily fee, but it can be the largest cost. A miner can continue producing positive BTC rewards while its resale price falls faster than the rewards accumulate.
GOMINING capital for the maximum discount
The maximum 20% token-maintenance discount can require a GOMINING position close to the miner’s own purchase price. That capital belongs in the economic denominator even if the app’s displayed ROI uses only the miner price.
Token lock
GOMINING can be locked for one week to four years. Longer locks create more veGOMINING voting power. Rewards are distributed weekly in GOMINING and depend on the user’s share of votes and the Burn and Mint reward pool. Tokens cannot be unlocked before the selected term ends.
The 23.3% APR observed in the dashboard on 3 August 2026 was a variable snapshot, not a guaranteed four-year interest rate.
Spells and boosts
Miner Wars spells can improve a player’s competitive position but consume GOMINING. They should be treated as strategy expenditure, not as free optimisation.
Opportunity cost
Capital used for a miner, token reserve, upgrades or a multi-year lock cannot simultaneously remain liquid or be invested directly in Bitcoin.
Profitability or value drivers
Current 15 W/TH marketplace snapshot
The following three secondary-market examples were recorded on 3 August 2026 at a displayed BTC price near $63,800.
| Case | Miner power | Miner price | Price per TH | Net per month, BTC maintenance | Annualised yield on miner price | Net per month, maximum token discount | App-style annualised yield |
|---|---|---|---|---|---|---|---|
| Large | 5,000 TH | $41,571.50 | $8.31 | $1,016.52 | 29.8% | $1,823.52 | 53.4% |
| Mid | 207.17 TH | $1,778.16 | $8.58 | $40.05 | 27.4% | $73.49 | 50.3% |
| Small | 4.56 TH | $42.86 | $9.40 | $0.86 | 24.4% | $1.60 | 45.4% |
These are operating snapshots. They are not forecasts, and they are not total-investment returns.
Capital required for the maximum discount
Approximate 360-day token coverage at the observed maintenance level:
| Case | Miner price | Approximate token reserve | Miner plus reserve | Mining yield on total capital | Scenario including 23.3% lock APR |
|---|---|---|---|---|---|
| Large | $41,571.50 | $35,380.44 | $76,951.94 | 28.8% | 39.5% |
| Mid | $1,778.16 | $1,490.04 | $3,268.20 | 27.4% | 38.0% |
| Small | $42.86 | $33.12 | $75.98 | 25.6% | 35.8% |
The final column assumes the displayed APR, the GOMINING price, the mining payout, maintenance and the token principal all remain unchanged for a year. Those are scenario assumptions, not guaranteed returns.
Payout sensitivity
Representative mid miner: 207.17 TH at 15 W/TH, $1,778.16 miner price and approximately $1,490 token reserve. Maintenance is held constant while the gross pool payout changes.
| Gross pool payout versus snapshot | BTC-maintenance yield on miner | Maximum-discount yield on total capital | Scenario including 23.3% lock APR |
|---|---|---|---|
| −30% | −13.2% | 5.3% | 15.9% |
| −20% | 0.4% | 12.6% | 23.3% |
| Snapshot unchanged | 27.4% | 27.4% | 38.0% |
| +20% | 54.5% | 42.1% | 52.7% |
A 20% fall in gross payout would leave the non-token case approximately at break-even before miner depreciation. The token reserve creates a buffer, but it also adds a second concentrated position in the same ecosystem.
Miner and token-value sensitivity
One-year marked-to-market scenario for the same mid miner, using the snapshot mining payout, the maximum discount and the displayed lock APR:
| Miner resale value after one year | GOMINING price after one year | Estimated total return |
|---|---|---|
| Unchanged | Unchanged | 38.0% |
| −25% | Unchanged | 24.4% |
| −50% | Unchanged | 10.8% |
| −25% | −30% | 7.5% |
| −50% | −30% | −6.1% |
| −50% | −60% | −23.0% |
This is why the app’s ROI figure cannot be read as the expected return on all capital.
Miner Wars price per PPS
For equal base PPS per dollar, an inefficient miner must be sufficiently cheaper per TH than a 15 W/TH miner:
- at 28 W/TH: no more than about 53.6% of the 15 W/TH price per TH;
- at 35 W/TH: no more than about 42.9% of the 15 W/TH price per TH.
Using $8.31 per TH for the large 15 W/TH example, the equivalent thresholds are approximately $4.45 per TH at 28 W/TH and $3.56 per TH at 35 W/TH.
Below those thresholds, the less efficient miner can provide at least as much base PPS per dollar. This can make a high-TH, low-efficiency miner rational for Miner Wars even when it is weak in ordinary Mining mode.
Main risks and failure modes
Miner resale value can dominate the outcome
The largest risk is not one bad payout day. It is paying a high capital price for a miner that later trades at a much lower price. Positive daily rewards do not protect the original principal.
No guaranteed liquidity
The secondary marketplace is peer-to-peer. GoMining’s terms state that there may be no buyers or sellers at a given time and that a listing does not guarantee a sale, a price or a level of liquidity. Purchases are generally final.
Additional token concentration
Using GOMINING for the maximum discount can require substantial additional capital. Locking those tokens can add weekly rewards but increases exposure to the same ecosystem and prevents an early exit from the principal.
Variable mining economics
BTC price, network conditions, pool output, electricity costs, service costs and discounts can all change. A calculator result is a dated snapshot.
Platform and counterparty dependency
Mining rewards, maintenance calculations, withdrawals, discounts, locks, Miner Wars and marketplace access all depend on GoMining’s platform, contracts and operational infrastructure. GoMining’s terms allow features and marketplace access to be modified, restricted or discontinued in specified circumstances.
Rule and strategy dependency in Miner Wars
Miner Wars can outperform, but outcomes depend on miner price per PPS, clan quality, league competition, multipliers, spells, prize-pool composition and other players’ behaviour. Historical personal wins cannot be projected as a normal return.
Behavioural risk
GoMining presents many optimisation levers: power, efficiency, upgrades, token discounts, locks, VIP status, clans, leagues and spells. Those options can improve a disciplined strategy, but they also make it easier to chase losses, over-upgrade, over-lock or sell in panic.
Affiliate conflict
The Ambassador compensation is economically meaningful. That is a real conflict of interest, disclosed in full below. The verdict has to remain defensible with the code removed, and it is written so that it is.
Alternatives
Buy Bitcoin directly
For most people whose goal is simply Bitcoin exposure, spot BTC is the clearest alternative:
- no miner maintenance;
- no miner resale market;
- no requirement to hold GOMINING;
- substantially greater liquidity;
- fewer platform-specific variables.
Direct BTC does not produce a daily mining payout, but the absence of a visible daily reward does not make it economically inferior.
The personal matched-cash-flow comparison
This is UBWHY’s own reconstruction of one account, not a general result. It used $37,409.63 of external value contributed. Approximately $22,873.65 was later withdrawn, and the remaining miner and token balance were worth approximately $602.46 on 3 August 2026.
| Strategy | Recovered or current value | Loss | Return |
|---|---|---|---|
| Actual GoMining result | $23,476.11 | $13,933.52 | −37.2% |
| Direct BTC, no withdrawals | $22,645.85 | $14,763.78 | −39.5% |
| Direct BTC with the same withdrawals on the same dates | $28,189.00 | $9,220.63 | −24.6% |
Two comparisons are shown because they answer different questions, and the difference between them matters more than either number alone.
The static buy-and-hold benchmark assumes every contribution bought BTC and nothing was ever taken out. On that basis GoMining finished slightly ahead, which sounds better than it is. The gap exists only because money was withdrawn from GoMining before BTC later fell, so the comparison rewards the withdrawal timing rather than the product.
The matched-cash-flow benchmark gives direct BTC the same withdrawals on the same dates. Both strategies then get the same timing benefit, and what remains is attributable to the product. On that fairer basis, direct BTC finished approximately $4,713 ahead.
One point of arithmetic matters here. The rewards received are already inside this calculation: they are what funded the withdrawals and what remains in the residual balance. Adding mining rewards on top of the cash withdrawn would count the same value twice, and would turn a real loss into an apparent gain.
Do nothing, or keep cash available
For money needed within a defined period, keeping liquidity may be better than either a digital miner or volatile BTC exposure.
Operate physical mining hardware
Physical mining provides more direct control but requires hardware, power, cooling, maintenance, technical knowledge and location-specific economics. It is not a simple substitute for most retail users.
Who it may suit
GoMining may suit a small, experienced user who:
- deliberately wants long-duration Bitcoin-mining exposure rather than simple spot BTC;
- can calculate total return rather than relying on the displayed operating ROI;
- buys an efficient miner at a strong secondary-market price, or an inefficient miner only with a calculated Miner Wars price-per-PPS advantage;
- understands the additional capital required for token discounts;
- can tolerate large miner-value drawdowns;
- accepts platform, token and marketplace risk;
- actively monitors payout, maintenance, resale prices, clan, league and spell economics;
- keeps the position small and unleveraged;
- does not need a quick exit.
Who should avoid it
GoMining is probably unsuitable for someone who:
- mainly wants straightforward Bitcoin exposure;
- treats the displayed “up to” ROI as fixed or guaranteed;
- needs capital preservation or predictable cash flow;
- may need the money within a few years;
- does not want a second token position;
- would need to lock important capital for four years to make the economics attractive;
- buys cheap terahash without comparing efficiency, price per PPS and ordinary-mining maintenance;
- is likely to react emotionally to falling miner prices;
- uses debt, emergency savings or essential funds;
- does not want ongoing platform monitoring.
UBWHY verdict
Narrow fit
GoMining may be worth considering for a small group of experienced users who specifically want long-term Bitcoin-mining exposure, understand the difference between operating yield and total investment return, and are prepared to actively evaluate miner price, efficiency, maintenance, resale value and platform risk.
The strongest case is either an efficient miner bought at a compelling secondary-market price, or an inefficient miner bought with a calculated price-per-PPS advantage for Miner Wars. In both cases, the position should be small, unleveraged and held with no expectation of quick liquidity.
For most people who simply want exposure to Bitcoin, buying Bitcoin directly is the clearer option. It is more liquid, requires no maintenance strategy, creates no additional miner-resale risk and does not require holding or locking a second platform token.
GoMining produces real BTC and GOMINING rewards, but the displayed “up to” ROI is not a reliable estimate of total investment return. Miner depreciation, token-price changes, marketplace liquidity and changing reward conditions can outweigh the operating income.
Suitable for: experienced users deliberately seeking mining or Miner Wars exposure, provided they buy at a defensible price, understand the full capital requirement and can tolerate substantial drawdowns and illiquidity.
Not suitable for: users mainly seeking simple Bitcoin exposure, capital preservation, predictable returns or access to their money within a defined short period.
My personal position
I have used GoMining since May 2025 and still own a small residual miner. I received real BTC and GOMINING rewards, including substantial Miner Wars rewards, but my overall economic result was a loss of approximately $13,800–$14,000, or around 37% of the value I contributed.
This is an economic-value reconstruction rather than a bank-statement audit, and the range is deliberate: the residual miner price and the historical token conversions are estimates, so a single exact figure would imply a precision the method does not have.
My result was materially affected by my own decisions. I prioritised high hash power over efficiency, upgraded repeatedly, repositioned later for Miner Wars, and sold miners after major resale-value declines. It should not be treated as a typical user result, and it is one account over one period.
Based on what I know now, I would not rebuild a large GoMining position. I would only consider a small, unleveraged position where the miner price, efficiency or Miner Wars price-per-PPS case was unusually strong.
Assumptions
The conclusion depends on these holding true. If one fails, the verdict changes.
- The personal result is an economic-value reconstruction, not a bank-statement cash audit or a tax computation.
- External GOMINING deposits are valued at the point they entered GoMining.
- Withdrawals are valued using the daily token price series from the account exports, interpolated where a date is missing.
- Internal transfer pairs and separate fee entries are excluded from money recovered, so a movement between two internal balances is never counted as a return.
- The residual miner is valued at approximately $600, using an observed marketplace price less the expected selling fee.
- The remaining token balance is 8.57 GOMINING at the observed price on 3 August 2026.
- Outcomes after funds left GoMining are excluded from this result. What happened to money once it was withdrawn is not GoMining's performance, and is counted neither for nor against it.
- The Bitcoin benchmark uses Coin Metrics daily BTC/USD prices and a value of $63,714 on 3 August 2026.
- Marketplace calculations treat the screenshots as dated snapshots, and assume no change in BTC price, pool payout, electricity, service fees or discounts during the month shown.
- The 360-day token reserve is approximated as twelve times the displayed monthly token maintenance.
- Lock-return scenarios apply the dashboard's observed 23.3% APR for one year, although the rate is variable and the maximum lock runs to four years.
- Taxes are excluded, because treatment depends on the individual and the jurisdiction.
- No return shown in this analysis is guaranteed.
Conflicts and affiliate disclosure
Affiliate relationship approved
Cedric holds an active GoMining Ambassador relationship, which predates this analysis, and received complimentary Platinum+ access. The analysis and the verdict were completed independently of that relationship, and GoMining did not review or approve this page. An optional referral code is published below, after the verdict and the personal position. It is a code the reader chooses to enter inside GoMining: this site publishes no referral link, sets no attribution cookie and records no click. What UBWHY may be paid, and what GoMining reveals to UBWHY about anyone who uses the code, is set out beside the code itself. The compensation includes an electricity-based component that rises with a miner's W/TH, so for the same terahash a less efficient miner would pay more, a conflict pointing the opposite way to the efficiency this analysis argues matters.
Personal interest
The author uses this product, the author holds a position in it and the author received complimentary access. UBWHY used GoMining from May 2025 and still held a small residual miner and 8.57 GOMINING at the review date. Rewards were received, withdrawals were made, and miners were sold. GoMining provided complimentary Platinum+ status, active since 1 August 2026. The overall economic result was a loss of approximately $13,800–$14,000, around 37% of the value contributed. No account identifiers, wallet addresses or transaction records are published.
Disclosure does not by itself make an analysis independent. It tells you what to weigh when you read the verdict.
Optional GoMining referral code
Code: UBWHYX
This code does not change the verdict above. GoMining remains a Narrow fit product, and it is not the default option for someone who simply wants Bitcoin exposure. Nothing here is a recommendation to buy.
When the code works
GoMining states that the code must be:
- Entered within 30 days of registering the GoMining account.
- Entered before the first miner purchase.
- Entered before another referrer or advertising attribution has already been assigned to the account.
- Entered directly, in the account profile or during the first purchase. GoMining support states that direct entry is more reliable than relying on a referral link.
What you get, as shown on 3 August 2026
- 5% additional mining power on the first miner, capped at 25 TH, available within 30 days of registration.
- One month of Platinum+ status, available for activation within 30 days of registration.
- $20 in mining power after the first $100 spent with the GoMining Card, available within 90 days of registration and subject to the programme's conditions.
These are the benefits GoMining displayed on that date. The programme states that its conditions may change, so check them before relying on any of it.
What UBWHY gets, and what it can see
I am an existing GoMining Ambassador and received complimentary Platinum+ access. If you use UBWHYX, GoMining may permanently attribute your account to UBWHY and compensate me. The dashboard showed the following on 3 August 2026:
- A 12% mining royalty at the current Platinum+ tier.
- An electricity-related payout per displayed unit, shown as $0.005 in the programme dashboard.
- 10% of eligible Simple Earn rewards.
- $20 after a referred user's qualifying first $100 of GoMining Card spending.
- 2.5% of eligible Miner Wars spell spending.
GoMining also makes the following visible to me about anyone who uses the code:
- The referred user's account ID.
- Their username.
- Their purchase history.
- Their VIP level.
No referral link and no attribution cookie is used on this site, and no click is recorded here. Attribution happens only if you enter the code inside GoMining.
Disclosing this does not remove the conflict. It is a real financial interest in your decision, and it is why the verdict above is written to hold with the code removed.
Update and correction history
Verdict set to Narrow fit and the analysis completed. The research-incomplete state, and the statement that no verdict had been reached, are removed. The personal economic result, the matched direct-Bitcoin benchmark, the marketplace snapshots and the sensitivity tables are published for the first time, and the referral code UBWHYX is approved for placement after the verdict and the disclosure.
The costs, deductions, alternatives and risks have been reconciled, which is what the previous version said had to happen before any verdict could be published.
Sources
Independent evidence
Primary, regulatory or research material published neither by the company nor by UBWHY.
Coin Metrics community data, BTC daily price series
Supports: The dated BTC/USD prices used for both direct-Bitcoin benchmarks, including the $63,714 value applied on 3 August 2026.
Independent dataset, produced neither by GoMining nor by UBWHY. It is the only benchmark input in this analysis that is neither company evidence nor UBWHY's own calculation.
Company-provided
Published by the company itself. Treated as a claim, not as verification.
Supports: What a digital miner is, its two central specifications (TH/s power and W/TH energy efficiency), and the relationship the company states between a digital miner and physical mining infrastructure.
Company documentation. Establishes what GoMining published on the access date, not that the described arrangement performs as stated.
Maintenance fees and discounts
Supports: The published maintenance model: the $0.0089 per TH per day service-fee basis, the stated $0.05-$0.07 per kWh electricity range, and the token-discount tiers up to 20% requiring more than 360 days of maintenance coverage.
Company documentation. Rates and tiers are stated as of the access date and the company may change them.
Supports: How W/TH determines electricity cost for a given amount of computing power, and why two miners of equal TH can produce materially different net rewards.
Company documentation.
Supports: That clan BTC rewards carry electricity and service costs for the seven-day cycle, while personal battle rewards are paid in GOMINING from a separate pool and are not reduced by the winner's energy efficiency after the win.
Company documentation.
Supports: The base scoring formula PPS = TH x 20 / (W/TH), the clan, league and weekly cycle structure, and the stated split of tokens spent on boosts and spells: 97.5% to the personal prize pool and 2.5% to Miner Wars development.
Company documentation. The formula is used as the published input to UBWHY's own price-per-PPS calculation.
Supports: That GOMINING can be locked from one week to four years, that longer locks create more veGOMINING voting power, that rewards are distributed weekly and depend on the holder's share of votes and the Burn and Mint pool, and that locked principal cannot be released before the selected term ends.
Company documentation. Establishes the mechanism, not the future reward rate, which the documentation does not fix.
Supports: The published referral mechanism and its eligibility conditions, including the window after registration and the requirement that a code is applied before another attribution has been assigned.
Company documentation. Programme conditions are stated as of the access date and may change.
Supports: The 5% access fee on completed secondary-market transactions; that a listing does not guarantee a buyer, sale price or liquidity; that purchases are generally final; and that features and marketplace access may be modified, restricted or discontinued in specified circumstances.
Contractual terms. Establishes what the company binds itself to on the access date.
GoMining account export, payments and external value
GoMining-generated account export, payments history, obtained by the account holder on 3 August 2026. Held privately; the account identifier is deliberately not recorded here.
Supports: Dated purchases, deposits, permanent upgrades and the external value contributed that feed the reconciliation ledger.
Company-generated evidence about UBWHY's own account. It is not independent verification: the platform produced the record of its own activity.
GoMining account export, solo mining rewards
GoMining-generated account export, solo mining and overlapping reward histories, obtained by the account holder on 3 August 2026. Held privately; the account identifier is deliberately not recorded here.
Supports: Personal BTC mining rewards, maintenance charged, and the daily token price series used to value withdrawals.
Company-generated evidence about UBWHY's own account.
GoMining account export, pool mining and Miner Wars
GoMining-generated account export, pool mining history, obtained by the account holder on 3 August 2026. Held privately; the account identifier is deliberately not recorded here.
Supports: Miner Wars BTC rewards and the maintenance deducted against them.
Company-generated evidence about UBWHY's own account.
GoMining account records, wallet deposits and withdrawals
GoMining account wallet history, recorded by the account holder on 3 August 2026. Held privately; wallet addresses, transaction identifiers and the account identifier are deliberately not recorded here.
Supports: External withdrawals, and the identification of internal transfer pairs which are excluded from value recovered so that a transfer between two internal balances is never counted as money returned.
Company-generated evidence about UBWHY's own account.
GoMining account record, personal Miner Wars reward history
GoMining Miner Wars personal reward history, recorded by the account holder on 3 August 2026. Held privately.
Supports: The 24,250.07 GOMINING received from personal Miner Wars wins.
Company-generated evidence about UBWHY's own account. One account over one period: it establishes that such an outcome occurred, not that it is reproducible.
GoMining marketplace listings, three 15 W/TH miners
GoMining secondary-marketplace listings recorded by screenshot on 3 August 2026 at a displayed BTC price near $63,800.
Supports: The three dated pricing and displayed-yield snapshots used in the profitability section: 5,000 TH at $41,571.50, 207.17 TH at $1,778.16 and 4.56 TH at $42.86.
A dated snapshot of what the marketplace displayed, not a forecast and not a total-investment return. The displayed yields are the company's own presentation.
GoMining Ambassador referral dashboard
GoMining Ambassador referral dashboard, recorded by the account holder on 3 August 2026. Held privately; referral identifiers and referred-user data are deliberately not recorded here.
Supports: The user benefits offered with the code and the compensation UBWHY receives, both as displayed on 3 August 2026: 5% additional TH up to 25 TH, one month of Platinum+, the $20 card promotion, and the 12% mining royalty, electricity-related payout, 10% Simple Earn share, card reward and 2.5% Miner Wars spell share.
Company-generated evidence, and self-interested: it is the programme describing its own terms. Rates shown are as of the access date, and the programme states they may change.
GoMining Ambassador support statements
GoMining Ambassador support correspondence dated 28 July 2026 and 2 August 2026. Held privately; support-conversation identifiers and personal details are deliberately not recorded here.
Supports: That entering a code directly is more reliable than relying on a link, that attribution is permanent once successfully assigned, that no pre-publication approval of UBWHY content is required, and that a referred user's ID, username, purchase history and VIP level are visible to the Ambassador.
Statements made by the company about its own programme, recorded as stated. UBWHY has not independently verified the permanence claim, and a support statement is not a contractual term.
UBWHY's own work
Calculations and reconstructions produced by UBWHY, recorded so the method can be examined. Not independent evidence, and not verification of the records they are built from.
UBWHY GoMining cash-flow reconciliation ledger, version 1
UBWHY internal working file: GoMining cash-flow reconciliation ledger v1, dated 3 August 2026. Derived from the account exports and wallet histories recorded separately in this list.
Supports: UBWHY's own calculation of the personal economic result: $37,409.63 contributed, $22,873.65 withdrawn, approximately $602.46 remaining, a loss of $13,933.52 and a return of -37.2%; and the matched-cash-flow Bitcoin benchmark showing direct BTC approximately $4,713 ahead.
UBWHY's own working paper, and grouped as such rather than as independent evidence: the publication that reached the verdict also produced this calculation. The underlying account records are company-generated and are listed separately as company evidence. Nothing here independently verifies them.
Figures that UBWHY calculates, and the conclusions drawn from them, are UBWHY's own work and are labelled as such in the text. They are not claims made by any source above.