The card pays you in mining power and publishes almost no numbers

Updated October 2026

Licensed

Available in US

Fast payouts

18+ Only

GoMining’s card is unusual in a way that is easy to miss until you start spending from it: the cashback does not arrive as money. It arrives as mining power. For anyone already inside the GoMining ecosystem, that is a feature — the reward feeds the thing you were going to buy anyway. For anyone outside it, the same reward is a number on a screen that does not pay your rent, and it comes with a card whose fee schedule the public pages do not set out.

I scored this card 6.6 out of 10. That is not a rejection; it is a card with a real idea behind it and a documentation layer that leaves the reader to guess. Below I walk through what the card’s own pages state, what they leave out, and how it compares with three alternatives that publish more of what matters.

The conditions described here are current as of October 28, 2026.

The score at a glance

Total: 6.6 / 10

Who this suits: someone already holding a balance in GoMining who wants a card that spends it and returns a little more into the same ecosystem, and who can live without a physical card for now. Who it does not suit: anyone whose first question is “what does a swipe cost me” — that question cannot be answered from the public pages, and if it is decisive for you, this is not yet the card to move money with.

Who will they actually hand the card to

The card’s own pages do not publish a country list. What they do say is that products “may not be available in your jurisdiction”, and that issuance is subject to eligibility and regional availability. An earlier check of the same pages described the footprint as worldwide except prohibited jurisdictions. Both statements can be true at once: broad in principle, gatekept in practice.

There is no nationality carve-out stated, and there is no explanation of how regional availability is decided. If your country is not obviously large and obvious, the honest position is that you will find out by trying. One piece of context that helps you read this: nationality is recorded and screened separately from residence, because sanctions screening and issuer risk policy usually apply to citizenship and country of birth as well as to country of address. So a resident of one country with citizenship of another can meet a different path through the same form.

For the reader in general, the practical read is this. Whether the card reaches you depends less on where you live than on the issuer’s risk appetite for that combination of country and citizenship. Nothing on the card pages tells you which combinations those are. If the answer decides your plan, ask support before you move anything — which brings me to support itself.

How to get it

The application runs through the GoMining app and the card pages at app.gomining.com/banking-cards. That is the whole stated process, and it is worth being honest about how thin it is: the pages do not describe what verification is required, what documents you will need, how long approval takes, or what happens if it is refused.

Identity checks are not stated on the current card pages. An earlier check recorded two tiers — KYC Basic and Advanced — but the card pages now say nothing, and the levels are not described either way. I would not plan around a specific tier existing; treat verification as a requirement and the shape of it as unknown.

The card itself is virtual now. The physical version is marked “coming soon”. The card network it runs on and the currency it is denominated in are not stated. Delivery — how a physical card would reach you, or at what cost — is likewise not stated, which is consistent with a card that does not exist in plastic yet.

The one concrete gesture on offer at application: opening a card grants a free 1 TH miner. That is the incentive the card pages lead with instead of a fee schedule.

Two general points about why this card exists in the form it does. A payment card number starts with a six- or eight-digit issuer identification number that identifies the institution, with the rest being an account identifier and a check digit; merchants can look that up and may apply extra scrutiny if the issuer country differs from the billing address. And the card is not issued by Visa or Mastercard themselves — they license issuers and can suspend a programme. Here the issuer is an e-money institution, and the crypto brand is the front end. In the EU, an electronic money institution can issue e-money, payment cards and e-wallets but cannot lend. That distinction shapes everything about your deposit protection, which I come to later.

What it really costs: Fees

Here is the honest summary: the card’s public pages do not state what a GoMining card costs. Not the issuance fee, not the monthly fee, not the conversion rate, not the foreign-exchange spread. What follows is the table of what the material does tell me, with gaps marked as gaps rather than filled with a plausible number.

Three everyday payments, and what I can and cannot say about each:

A coffee in a local currency. You tap, and behind the scenes the balance converts. Whether the conversion rate is the mid-market rate or a marked-up one is not stated. The card currency is not stated, so the size of any conversion is not knowable in advance. This is the single most important unknown for daily use, and it is not a small one — a card that converts at an undisclosed spread can cost you more per year in spread than many annual fees.

A purchase paid with GOMINING itself. A 2025-era announcement offered 5% cashback on purchases with GOMINING on TON. That was a past promotion, not a standing rate, and I mention it only because it shows the shape of the offer: the reward is denominated in the token. The card pages describe cashback of up to 5%, paid in mining power, with the rate rising by VIP level.

Withdrawing cash at an ATM. The virtual card does cash withdrawals at ATMs; the fee and the allowance are not stated. The physical card is described as worldwide — but “coming soon”, so that line is aspirational today.

One cost that is not the card’s but lands on your balance anyway: on-chain network fees for a deposit are charged by the blockchain, not by the card provider. If you top up with USDT on a network where you must hold the native token to pay gas, you may find yourself buying a token purely to move money.

How to Top up

The funding options are the strongest part of this card. Top up with BTC, USDT, GOMINING and other coins; an earlier check described funding from the GoMining wallet. That is a wider set of options than most cards in this category manage, and it is why the top-up score sits at 7 rather than lower.

What is missing is the detail that decides whether a top-up succeeds: the supported networks are not named, and the minimums, timing and any fee are not stated. This matters more than it sounds, because blockchain transfers are irreversible. Send on a network the provider does not support, or to an address belonging to another network, and the funds can be lost or need manual support recovery with no guarantee.

Two examples of why that is not abstract. ERC-20 is the Ethereum token standard, and gas is paid only in ETH — so a wallet holding USDT and no ETH cannot send it at all. Circle stopped supporting USDC on Tron in February 2024, so “USDC over TRC20” is not a native option, though USDT has been issued on networks including Ethereum, Tron, Solana, Polygon, Avalanche and others. Check the network list on the card’s own pages before your first transfer, and send a small amount first.

Withdrawals are not stated either: minimum, fee, time, or whether you can withdraw to a bank account rather than to another crypto address. If the card is your only route out of the balance, that is worth knowing in advance.

Paying with it every day

Day to day, this is a virtual card that works in Apple Pay and Google Pay, supports cash withdrawal at ATMs, and returns cashback in mining power at a rate that climbs with your VIP level — “up to 5% cashback” as the pages put it. The GoMining app on iOS is where the card lives; the pages do not state blocked merchant categories.

The Apple Pay detail is worth understanding rather than just using. Apple Pay replaces the card number with a device-specific Device Account Number held in the Secure Element, never on Apple servers, and each payment carries a one-time dynamic security code. The issuer can still restrict the tokenised number — blocking it on magnetic stripe, phone or website use, for instance.

Some declines are structural, not your fault. A merchant category code is a four-digit number classifying a business by goods or services; MCC 7995 covers gambling, and many issuers block it on their own cards rather than by law, with the blocked list differing by issuer. Some merchants decline prepaid or foreign BINs because the lookup reveals the card type and issuer country. Address Verification Service compares the numeric parts of the billing address you type with issuer records; it is mainly offered in the US, Canada and the UK, and is generally unavailable for foreign-issued cards, which can cause declines. A declined authorisation may also leave a hold on your funds that lingers, typically up to seven days.

Two things I would want answered before this became my everyday card: whether the card has spending caps I can see, and what happens when a payment goes wrong. Dispute handling is not stated. A chargeback is a refund ordered by the issuer to settle a dispute, with reason codes such as fraud, duplicate billing, or goods not received; where that right comes from varies by jurisdiction, and prepaid-card coverage varies and should not be assumed.

What can go wrong

The issuer is an e-money institution, so your money is not a bank deposit. The card is issued by Unlimit under electronic money institution licence No. 115.1.3.7 of the Central Bank of Cyprus, and the services are tied to GoMining (Cyprus) Limited. Funds are said to be held in a segregated account protected from Unlimit’s creditors in insolvency, with “advanced security measures” described in general terms. But deposits are not insured. An EMI must safeguard customer funds by segregating them in dedicated accounts or insuring them; such funds are not the same as bank deposits and may not be covered by a deposit guarantee scheme. Cyprus has a deposit insurance system; this is not covered by it. If that distinction matters to you, it is not a small-print point.

The wider company carries an outside criticism that is worth reading. A ScamMinder review of GoMining from February 2026 questions transparency and sustainability and describes the model as a possible Ponzi scheme. That is a single outside opinion about the business model, not about the card, and no official card-specific incidents surfaced. But it is the kind of thing that should make you read the licence terms rather than skim them, because the card’s value depends on the operator continuing to exist and on the issuer continuing to honour the programme.

Two-factor authentication and card freeze are not stated. Neither is the dispute process, nor the languages and hours of support — there is an FAQ at /faq and a contact page at /contact-us, and that is the extent of it.

Complaint picture is thin. No Trustpilot page for GoMining was found. App Store reviews are mixed and undated: one Russian-language reviewer calls returns poor, others praise payouts — that is a user report, not a pattern. There is no official card incident to point at either.

Regulatory context worth carrying. MiCA, the EU’s markets-in-crypto-assets regulation, took legal effect in June 2023; its rules on asset-referenced tokens and e-money tokens applied from 30 June 2024 and the remaining provisions, including crypto-asset service provider rules, from 30 December 2024. Under MiCA, e-money tokens may be issued only by a credit institution or an electronic money institution. Transitional “grandfathering” lets providers already operating under national law continue only until 1 July 2026 or until they receive or are refused a MiCA authorisation, whichever comes first. ESMA keeps an interim register of authorised providers that you can check. In the US, FinCEN guidance treats administrators and exchangers of convertible virtual currency as money transmitters; people merely buying goods or services are not. A card is a payment service regulated separately, which is why a crypto card often rests on two licences.

And the old lesson. Visa terminated its global agreements with FTX on 13 November 2022, and the FTX US debit card was wound down by its issuer. WaveCrest, a Visa issuer that supplied crypto card brands, was suspended by Visa in Europe in 2018, closing all WaveCrest-issued Visa programmes. Programme closures typically give notice, then stop spending and loading, then ask users to withdraw remaining balances. One 2026 closure reported by a secondary source ended new loads on 8 July 2026 and spending on 8 August 2026 — a single unconfirmed source, but the shape of it is worth planning for.

Stablecoins are stable in name only. A stablecoin aims to hold a stable value against an asset such as a fiat currency, but despite the name they are not necessarily stable. TerraUSD collapsed in May 2022 and USDC temporarily lost its peg in March 2023 during the US banking crisis. Tether describes USDT as issued on multiple blockchains with reserves intended to back it one-to-one, and also says it disables tokens in wallets on the OFAC sanctions list and has frozen funds tied to illicit activity — so these tokens are not censorship-proof. Since USDT and USDC are the coins most cards like this accept, depegging is a direct risk to your spending balance, not an abstraction.

What to take instead

The comparison below is on the same questions I asked this card. The honest framing: these are different products, not strictly substitutes, and the differences are structural.

Three observations. Lava scores highest at 7.1 because it publishes the thing you most need in daily use — the FX spread — and accepts local currency, which removes the conversion guesswork entirely. Its rewards are in bitcoin rather than mining power, which is more liquid if you ever want to sell.

Gemini scores lowest at 4.9, but for a structural reason that is not really a mark against the product: it is a credit card paid off in fiat, so crypto conversion does not apply at all. Its rewards tiers are the most detailed of the four — 4% on gas, electric vehicle and transit spending up to $300 a month, 3% dining, 2% groceries, 1% everything else, paid instantly in Bitcoin or 50+ other cryptos on Gemini and changeable at any time, plus 10% Vault Rewards at some merchants, capped and varying by merchant, and a referral structure of $50 in crypto each, $250 per five referrals, up to 50 per year. If you want a normal credit card with crypto rewards, that is a different and cleaner proposition. If you want to spend crypto directly, it is the wrong shape entirely.

Kinesis at 4.8 is the unusual one: cashback in gold, and spending converts from the account balance holding gold, silver, crypto or C1USD. That is a metals proposition wearing a card’s clothes, and for most readers the gold-denominated reward is the thing to weigh, not the fee schedule — which is not stated.

On eligibility, none of the four publishes a country list on the page read. That is a shared gap, and it is the first thing to check on any of them.

Who I would recommend it to

I would recommend this card to a reader who already keeps a balance in GoMining and wants to spend it; who is comfortable that the reward accrues as mining power rather than cash; and who can wait for the physical card. The free 1 TH miner on opening is a real, concrete welcome, and the top-up options — BTC, USDT, GOMINING and other coins — are broader than most of the field. If you already know what a segregated e-money account is and you accept that your balance is not a deposit, you have the facts you need to make this call.

I would steer it away from three kinds of reader. If you are choosing your first crypto card and your top question is what a payment costs, come back when the fee page exists — the conversion spread is the whole ball game in daily use and it is not published. If you need a physical card next week, this is not there yet. And if the reward’s unit is the thing that decides you, “up to 5% cashback in mining power” is a different instrument from 5% in money, and it will feel like a discount once you compare.

If you want the plainest version of my view: the card is a competent wallet extension with an unusual reward unit and an unusually quiet fee page. Judge it on that, and check the network list before your first transfer.

Frequently asked questions

What is the GoMining card?

It is a payment card issued by Unlimit, an electronic money institution licensed in Cyprus under licence No. 115.1.3.7 of the Central Bank of Cyprus, and marketed through GoMining. It is virtual now, with a physical version marked “coming soon”, and it is designed to spend a balance you top up with BTC, USDT, GOMINING or other coins. Rewards come back as mining power rather than cash.

Does GoMining card require KYC?

Identity checks are not stated on the current card pages. An earlier check recorded two tiers, KYC Basic and Advanced, but the pages now say nothing about either level, so plan on verification being required without assuming a particular tier exists. What is clear is that regional availability and eligibility are assessed, and a country list is not published.

Is GoMining a bank?

No — and this distinction matters more than usual here. GoMining is a crypto business, and the card is issued by Unlimit as an electronic money institution. An EMI can issue e-money, payment cards and wallets but cannot lend. Funds are said to sit in a segregated account protected from the issuer’s creditors, but deposits are not insured and this is not covered by the Cyprus Deposit Insurance System.

How do I top up the GoMining card?

Top up with BTC, USDT, GOMINING or other coins, and an earlier check described funding directly from the GoMining wallet. Supported networks are not named, and that gap is the main risk: blockchain transfers are irreversible, so sending on an unsupported network or to an address belonging to another network can lose the funds or require manual recovery with no guarantee. Send a small test amount first.

What does it cost to use the GoMining card?

The card’s public pages do not state the issuance fee, the monthly fee, the conversion rate, the foreign-exchange spread, or any daily or monthly limits. Opening a card grants a free 1 TH miner, and cashback of up to 5% is paid in mining power. Separately, on-chain network fees for your deposit are charged by the blockchain, not by the card provider, so a top-up can cost gas on top of any spread.

Is the GoMining card free?

Nobody can answer that from the public pages, because no issuance or monthly fee is stated. The only concrete number attached to opening a card is the free 1 TH miner. Treat “free” as unverified rather than as a fact, and ask support directly if the answer decides whether you apply.

Can I use the GoMining card in my country?

Possibly. The card pages do not publish a country list; they say products “may not be available in your jurisdiction” and that issuance is subject to eligibility and regional availability. An earlier check described availability as worldwide except prohibited jurisdictions. Note also that nationality is screened separately from residence, because sanctions and issuer risk policy often apply to country of birth and citizenship too.

Is the GoMining card safe to use?

Judge it on three separate things rather than one. The issuer is licensed and funds are said to be segregated, but deposits are not insured. Two-factor authentication and card freeze are not stated, nor is the dispute process. And a February 2026 ScamMinder review describes the wider GoMining model as a possible Ponzi scheme — an outside opinion about the business, not the card, and no official card incidents surfaced, but worth reading before you size up.

Is GoMining card worth it?

For an existing GoMining holder who wants to spend down and earn in the same ecosystem: plausibly yes, since the free 1 TH miner and top-up in BTC, USDT and GOMINING are real conveniences. For anyone starting from zero, the missing fee schedule, the mining-power reward unit and the absent physical card make it hard to justify as an everyday card yet. Check the published numbers when they arrive.

How do I add the GoMining card to Apple Wallet?

Add it through the GoMining app on iOS, which is where the card is held; the card’s pages state that Apple Pay and Google Pay work on the virtual card. Apple Pay never stores your card number on Apple servers — it substitutes a device-specific number held in the Secure Element, with a one-time dynamic security code per payment — and your issuer can still restrict the tokenised number for specific channels if it chooses.

Content created by the «cryptocardcheck» team