GoMining launches a $100 million Bitcoin mining fund for institutional investors

The encrypted mining company GoMining recently announced the launch of a Bitcoin mining fund "Alpha Blocks Fund" with a scale of 100 million US dollars for institutional investors. The fund is custodied by digital asset custody giant BitGo, and will provide investors with mining income distribution through compound computing power strategies, focusing on the value-added model of reinvesting Bitcoin rewards. A spokesperson for GoMining said: “Unlike passive equity investments, Alpha Blocks Fund provides investors with the opportunity to directly mine Bitcoins through full custody and compound hash rate strategies. Bitcoin rewards will be reinvested to increase the fund's hash rate and improve miner efficiency." Although GoMining's Bitcoin fund targets institutional investors, its flagship product is aimed at retail miners who may lack funds to build heavy-duty mining equipment.