gomining-ai GoMining Cashback
Overview
The GoMining Cashback service is the central processing system for cashback rewards from Cards and Travel products. All cashback is calculated and delivered in TH/s (mining power), which is applied as an upgrade to the user's selected miner. A single miner is selected across all cashback sources.
How It Works
┌─────────────────────────────────────────────────────────────┐
│ Cashback Processing Flow │
├─────────────────────────────────────────────────────────────┤
│ │
│ 1. SPENDING EVENT │
│ ┌──────────────────────────────────────────┐ │
│ │ Card transaction or Travel booking │ │
│ │ Input: user_id, value, amount │ │
│ └──────────────────────────────────────────┘ │
│ │ │
│ ▼ │
│ 2. CASHBACK CALCULATION │
│ ┌──────────────────────────────────────────┐ │
│ │ Determine VIP level cashback rate │ │
│ │ Calculate TH/s based on spend + pricing │ │
│ └──────────────────────────────────────────┘ │
│ │ │
│ ▼ │
│ 3. MINER UPGRADE │
│ ┌──────────────────────────────────────────┐ │
│ │ Apply TH/s upgrade to selected miner │ │
│ │ Output: status, amount in TH/s │ │
│ └──────────────────────────────────────────┘ │
│ │
└─────────────────────────────────────────────────────────────┘
Technical Interface
| Direction | Fields |
|---|---|
| Input | user_id, value, amount |
| Output | status, amount (in TH/s) |
Card Cashback
Card cashback is earned on successful card transactions and accrues daily. The cashback rate depends on the user's VIP level.
Card Cashback Rates (TH/s by VIP Level)
| VIP Level | Cashback Rate |
|---|---|
| Bronze | 0.5% |
| Silver | 1% |
| Gold | 1.5% |
| Platinum | 2% |
| Diamond | 3% |
| Legend | 5% |
Card Cashback Rules
| Rule | Details |
|---|---|
| Accrual frequency | Daily |
| Eligible transactions | Successful transactions only |
| Failed/reversed transactions | No cashback |
| Redemption | Miner TH/s upgrades only |
| Currency | Calculated and applied in TH/s |
Important: Card cashback is redeemable only for miner upgrades. It cannot be withdrawn as tokens or fiat.
Travel Cashback
Travel cashback is earned on hotel bookings through GoMining Travel. The cashback rate depends on the user's VIP level.
Travel Cashback Rates (TH/s by VIP Level)
| VIP Level | Cashback Rate |
|---|---|
| Bronze | 1% |
| Silver | 1.6% |
| Gold | 2.2% |
| Platinum | 2.8% |
| Diamond | 3.4% |
| Legend | 4.0% |
Travel Cashback Formula
TH/s Cashback = Booking Amount (USD) x VIP Cashback Rate / Cost per 1 TH/s
| Parameter | Value |
|---|---|
| Cost per 1 TH/s | ~$25 (approximate, subject to change) |
Example Calculation:
| Step | Value |
|---|---|
| Booking amount | $500 USD |
| VIP level | Gold (2.2%) |
| Cashback value | $500 x 2.2% = $11 |
| TH/s awarded | $11 / $25 = 0.44 TH/s |
Travel Cashback Rules
| Rule | Details |
|---|---|
| Eligible bookings | Hotels only (flights not included initially) |
| Accrual timing | Accrues after booking is confirmed |
| Finalization | Finalizes after guest check-out |
| Cancellation | Cashback reversed if booking is cancelled before check-out |
| Currency | Calculated and applied in TH/s |
Travel Cashback Timeline
Booking Confirmed ──> Cashback Accrues (pending) ──> Check-Out ──> Cashback Finalized
Note: If a booking is cancelled before check-out, the pending cashback is reversed.
Miner Selection
A single miner is selected to receive all cashback from both Cards and Travel sources. The system handles miner selection automatically with manual override available.
Auto-Selection Logic
| Priority | Rule |
|---|---|
| 1st | Previously used miner (if still eligible) |
| 2nd | Strongest eligible miner |
Miner Eligibility Restrictions
The following miners cannot be selected for cashback:
| Restriction | Description |
|---|---|
| Installment miners | Miners purchased via installment plan |
| Miners on sale | Miners currently listed for sale |
| Low efficiency miners | Miners with less than 20 wt/th |
| Bonus miners | Miners received as promotional bonuses |
Accumulation Limits
| Limit | Value |
|---|---|
| Max TH per miner | 5,000 TH |
Warning: Once a miner reaches the 5,000 TH cap, no additional cashback can be applied to it. The user must select a different eligible miner to continue receiving cashback.
Combined Cashback Summary
| Feature | Card Cashback | Travel Cashback |
|---|---|---|
| Source | Card transactions | Hotel bookings |
| Unit | TH/s | TH/s |
| VIP Range | 0.5% - 5% | 1% - 4% |
| Accrual | Daily | After booking, finalized after check-out |
| Eligible Activity | Successful transactions | Hotels only (not flights) |
| Miner | Shared selected miner | Shared selected miner |
| Max TH/miner | 5,000 TH | 5,000 TH |
Frequently Asked Questions
What is GoMining cashback?
GoMining cashback is a reward system that converts a percentage of your Card spending and Travel bookings into TH/s (mining power), which is applied as an upgrade to your selected miner.
Is cashback the same for Cards and Travel?
No. Cards and Travel have different cashback rate tables. Travel rates are generally higher (1%-4%) compared to Card rates (0.5%-5%), though Card Legend level (5%) exceeds Travel Legend level (4%).
How is cashback calculated for Travel bookings?
Travel cashback uses the formula: Booking Amount (USD) x VIP Cashback Rate / Cost per 1 TH/s (~$25). For example, a $500 booking at Gold VIP (2.2%) yields $11 / $25 = 0.44 TH/s.
Can I receive cashback as tokens or fiat?
No. All cashback is delivered exclusively as TH/s mining power upgrades to your selected miner.
How do I select which miner receives cashback?
The system auto-selects your previously used miner or your strongest eligible miner. You can manually change the selection. The same miner is used for both Card and Travel cashback.
Why can't I select a specific miner?
Certain miners are ineligible: installment miners, miners listed for sale, miners with less than 20 wt/th efficiency, and bonus miners. Ensure your chosen miner meets all eligibility criteria.
What happens when my miner reaches 5,000 TH?
Once a miner hits the 5,000 TH accumulation cap, no further cashback can be applied to it. You must select a different eligible miner to continue receiving cashback rewards.
When does Travel cashback finalize?
Travel cashback accrues when the booking is confirmed but only finalizes after the guest completes check-out. If the booking is cancelled before check-out, the pending cashback is reversed.
Do flights earn Travel cashback?
Not initially. Travel cashback currently applies to hotel bookings only. Flight cashback may be added in the future.
How often does Card cashback accrue?
Card cashback accrues daily based on successful transactions from the previous period. Failed or reversed transactions do not generate cashback.
Official Resources
| Resource | URL |
|---|---|
| Main Website | https://gomining.com/ |
References
- Cashback Rates — Complete rate tables, formulas, and miner selection rules
- FAQ: Cashback Program — How cashback works for GoMining Card and Travel, rates, and miner selection