As a crypto holder, you already hold value, but using that value to make a purchase is not always flexible.
Mine Now, Pay Later (MNPL) changed that by letting you start mining with a smaller upfront payment and complete the rest interest-free over time.
Now, you can use MNPL directly with crypto from your GoMining wallet.
What’s New
Until now, MNPL payments were completed using a linked card. With this update, you can use your crypto balance instead.
You can follow the same installment structure using BTC, USDT, or USDC directly from your GoMining wallet.
PRO Tip: Now, instead of paying for your mining power in full, you can choose MNPL, pay 25% on your miner purchase and put the remaining amount into Simple Earn. Your cost stays the same but you combine mining rewards and Simple Earn APR% for the duration of the MNPL period.
How MNPL Works with Crypto
MNPL purchases remain fixed in USD.
At the moment of each payment, the required USD amount is converted into its crypto equivalent based on the current rate, so the crypto amount may vary.
For example, a $25 payment is charged as the equivalent amount in BTC, USDT, or USDC at the time of payment.
The installment structure remains the same:
- 25% upfront payment
- 3 additional payments over the next 3 months
- Each installment is due every 30 days
- 0% interest
Your miner activates after the first payment and begins generating Bitcoin rewards immediately.
You can track your payment schedule directly in the app and complete payments as they come due.
What Stays the Same
MNPL continues to work the same way once your plan is active.
Your miner activates after the first payment and begins earning immediately, and you can withdraw rewards at any time. You can track and manage your payments inside the app, and full miner functionality unlocks after the final installment.
Before You Start
There are a few details to be aware of when using MNPL with crypto.
- The crypto amount for each payment is calculated at the time of payment, based on the current rate
- Payments follow a fixed schedule across the installment period
- The down payment is non-refundable and is treated as a setup fee
These terms apply to both crypto and card-based MNPL plans.
Start Using Your Balance Differently
MNPL with crypto changes how your balance can be used inside GoMining.
Instead of committing everything at once, you can access a miner and complete payments over time, using your crypto as each payment becomes due.
Open the app, choose your miner, and select MNPL at checkout to get started.
