Is this crypto halal? Shariah screening report
Gomining Token
GOMINING
- Price
- $0.336076
- Market cap
- $135.57M
- Circulating supply
- 403,393,533.258
- 24h change
- -0.08%
Report generated 8/27/2026, 6:34:27 PM · stored corpus assessment · confidence 88%
Crypto Halal Report Criteria
We use a disciplined framework to determine if a digital asset is Comfortable from a sharia perspective, based on three core pillars.
Purpose & Real-World Value Clear
The primary utility of GoMining token is to provide holders with daily Bitcoin mining rewards proportional to their token holdings. The hashpower backing each token is maintained by the company through their mining facilities.
Honesty & Founder Intent Clear
Token distribution information shows significant portions allocated to mining operations, with transparent vesting schedules for team allocations. Revenue Model Analysis The revenue model is based on Bitcoin mining operations - a halal activity that involves securing the Bitcoin network and receiving rewards for computational work performed.
Dealing with Risk & Speculation Clear
Speculative trading of a real asset is treated as trade, not gambling, under the screening framework.
Crypto Overview
Purpose and Utility
The primary utility of GoMining token is to provide holders with daily Bitcoin mining rewards proportional to their token holdings. The hashpower backing each token is maintained by the company through their mining facilities.
Current Usage
The project maintains active mining operations with verified facilities. Token holders receive daily BTC distributions from actual mining rewards, demonstrating real utility implementation.
Business Model
The business model involves operating Bitcoin mining facilities and distributing mining rewards to token holders. This represents a tangible, asset-backed operation where real value is being created through mining activities.
Development Activity
The project focuses on mining operations rather than software development. Regular updates primarily concern mining facility expansions and hardware upgrades.
Token Distribution
Token distribution information shows significant portions allocated to mining operations, with transparent vesting schedules for team allocations. Revenue Model Analysis The revenue model is based on Bitcoin mining operations - a halal activity that involves securing the Bitcoin network and receiving rewards for computational work performed.
Rating Justification
ComfortableThe GoMining token represents a straightforward and transparent business model based on Bitcoin mining operations. The token provides clear utility through mining reward distribution, and the underlying business activity (Bitcoin mining) is halal as it involves providing a valuable service to the network and receiving compensation. The project shows no signs of gambling elements, interest-based lending, or other prohibited activities. The value proposition is clear and based on real asset ownership and value creation through mining operations.
While we find this token comfortable to invest in from a Shariah-screening perspective, this does not imply we think it is a strong investment.
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Disclaimer: These reports are findings of AI analysis and cannot be guaranteed to be accurate. Ratings reflect opinions derived from automated criteria applied to the sources you submitted and a corpus of prior assessments. This is not a fatwa and does not determine Islamic law. Ratings may change as projects evolve. Always conduct your own research before investing.
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