Costs, licensing, consumer protection Privacy, self-custody, censorship resistance

GoMining Card

GoMining · Visa

3.0/5 1.2/5 · Data verified on

GoMining Card is a virtual Visa debit card (with a physical card coming soon) linked to the crypto wallet of a GoMining account, the tokenized Bitcoin mining platform founded in 2017. At checkout the selected crypto asset (BTC, USDT, USDC or the GOMINING token) is instantly converted to fiat and the payment is processed as a regular Visa transaction, addable to Apple Pay and Google Pay. Cashback is not paid in currency but in Bitcoin mining power (TH/s), up to 5% depending on VIP tier. The card is issued by Unlimit, an electronic money institution licensed by the Central Bank of Cyprus, and funds are custodial (secured via Fireblocks).

The number that matters

The banner cashback isn't what you pocket.

After FX markup, fees and withdrawals, on an average profile of €1,000/mo (20% abroad).

Advertised cashback 5%
Real net cashback 5%

Data verified on Jun 22, 2026 · personalise the calc

31
Transparency: Very low
31/100 · see methodology
31
Data exposure: Minimal
31/100 · lower is better for sovereignty · methodology

Data & conditions

§ Amounts in USD/GBP are shown in the service's native currency.

Network Visa
Fund custody Custodial (platform holds funds)
Issuance fee Free
Annual fee Free
Free ATM limit 1000 EUR
ATM withdrawal Free
FX markup 0%
Cashback 5% in BTC mining power (TH/s) · Nessuno
Contactless Yes
Virtual card Yes
KYC Full
Privacy 2/10
Supported countries EEA, UK, LATAM · 130+ countries
Funding / solidity GoMining e una piattaforma di mining di Bitcoin tokenizzato fondata nel 2017, con sede legale nelle Isole Vergini Britanniche. La GoMining Card e emessa in partnership con Unlimit, EMI licenziato dalla Banca Centrale di Cipro.
Estimated net annual cost €0/year
Regulator Central Bank of Cyprus
Segment B2C
Funding / solidityGoMining is a tokenized Bitcoin mining platform founded in 2017, legally based in the British Virgin Islands. The GoMining Card is issued in partnership with Unlimit, an EMI licensed by the Central Bank of Cyprus.
MiCA / License status Unlimit (EMI licensed by Central Bank of Cyprus, license No. 115.1.3.7) Card issued by Unlimit, an electronic money institution (EMI) licensed by the Central Bank of Cyprus (license No. 115.1.3.7). Service available to eligible users in the EEA and other permitted regions; data processing compliant with GDPR.

Strengths

  • No issuance or annual maintenance fees, and no top-up fees
  • Issued by Unlimit, an EMI licensed by the Central Bank of Cyprus, with funds in segregated accounts
  • Instant virtual card compatible with Apple Pay and Google Pay, up to 3 active cards
  • No notable sovereignty advantage documented.

Weaknesses

  • Custodial wallet: funds are controlled by GoMining, not the user
  • Cashback is paid in mining power (TH/s), not liquid crypto or fiat, and depends on VIP tier
  • Requires full KYC (Level 1 and 2) and a $100 minimum balance to issue the first card
  • Custodial: the platform holds your funds and can freeze or lose them.
  • Full KYC required: verified identity, zero pseudonymity.
  • Subject to regulation (Card issued by Unlimit, an electronic money institution (EMI) licensed by the Central Bank of Cyprus (license No. 115.1.3.7). Service available to eligible users in the EEA and other permitted regions; data processing compliant with GDPR.): reporting to authorities and freezes on order.

Verdict

C D ★ 3.0/5 ★ 1.2/5 Estimated net annual cost: €0/year

Visa card issued by Unlimit, an EMI licensed by the Central Bank of Cyprus, with funds held in segregated accounts: solid formal protection. However the underlying wallet is custodial (GoMining controls the keys via Fireblocks), so user protection over their own crypto assets remains limited.

Very low sovereignty: fully custodial wallet, mandatory full KYC (Level 1 and 2) and funds controlled by GoMining. The user does not hold the keys and depends entirely on the platform to access their assets.

Privacy & anonymity 30% 0.5
Fund control 20% 0.0
Censorship resistance 20% 1.5
Costs 10% 5.0

Promp's editorial rating based on real fees and net annual cost. Promp reviews third-party products independently.

"Sovereignty" rating: score computed on privacy/anonymity (30%), fund control (20%), censorship resistance (20%), trustless/auditability (20%) and costs (10%). Same data, different weights.

FAQ

How does GoMining Card cashback work?

Cashback goes up to 5% but is not credited in currency: it is paid as Bitcoin mining power (TH/s) added to your miner. The rate depends on your GoMining VIP tier.

Who issues the GoMining Card and is it custodial?

The Visa card is issued by Unlimit, an electronic money institution licensed by the Central Bank of Cyprus (license 115.1.3.7). The wallet is custodial: funds are held by GoMining (via Fireblocks) in segregated accounts.

Sources

Update history

✓ Terms unchanged since Jun 22, 2026

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