NFT’s with Real Utility: Goofy Gophers Mining Club
By Cory Hammer and Crystal J. Milburn
DC Mining + Goofy Gophers Mining Club
DC Mining is proud to announce our first step into the NFT space by partnering with a recently launched NFT project on the Cardano blockchain: Goofy Gophers Mining Club (GGMC). The name may be goofy but the utility is not.
More than Bored Apes & Pudgy Penguins
Non-Fungible Tokens (NFTs) are one of the fastest growing segments of the blockchain space. For those who have heard the term but aren’t familiar, NFTs are on-chain digital assets each with unique hash IDs and metadata. When most people think of NFTs, they think of collectibles, profile pictures and one-of-a-kind art pieces. What is often understated and lost in the noise of the bustling art scenes on various blockchains is that NFTs can have powerful real-world use cases. And, this emerging asset class has no shortage of those, from ensuring the authenticity of goods to real estate transactions and ticket issuance to medical records, the options are endless.
So, what is Goofy Gophers Mining Club?
GGMC is an NFT project – the first of its kind on Cardano – that enables its holders to participate in a Bitcoin mining operation in a highly-accessible and gamified fashion. For the price of one NFT, holders can get a piece of the revenue generated by ASIC machines owned by the club. Each cute, collectible gopher has several traits both aesthetic and functional that determine how the generated revenue is distributed to its holder.
Mining Made Easy
When the Bitcoin network was in its infancy, anybody with the right technical knowledge could mine using a standard PC. Times have certainly changed! Now, Bitcoin mining is a highly competitive global market. The ever-increasing difficulty rates require careful consideration of your operational strategy. This shift has created a much higher barrier to entry for the average person to participate in Bitcoin mining – more startup capital, more negotiations and more time invested overall. For these reasons, crowd-funded mining operations (such as GGMC) can really tip the scales for the average hobbyist. They can lower the barrier of entry to Bitcoin mining so that anybody can secure the Bitcoin network for a fraction of the price of a single mining rig.
At DC Mining, we make cryptocurrency mining easier for everyone, whether you have years of experience or are just getting started. We have recently deployed several machines for GGMC and are looking forward to ensuring consistent, reliable uptime plus top-notch hosting for the operation as its needs continue to scale. We encourage similar projects with ASIC hosting needs to visit our website and see if we can help you bring the best experience possible to your holders and community members.
Happy mining!
