A new collaboration between GoMining, a Bitcoin mining company, and luxury watchmaker Jacob & Co. is set to redefine the intersection of opulence and cryptocurrency. This partnership has produced a limited-edition package known as Epic X GoMining, which will consist of only 100 pieces. Each package features an intricately designed luxury watch complemented by a formidable digital miner, ensuring that buyers not only adorn their wrists with craftsmanship but also have the means to earn Bitcoin.
Priced at $40,000, this exclusive offering includes a hand-wound watch from Jacob & Co., as well as a digital miner boasting 1,000 terahashes (TH) of mining power. Given current Bitcoin prices, the mining capacities offered by this digital setup could potentially yield annual rewards nearing $7,000. This makes it an attractive investment for crypto enthusiasts looking to combine luxury and utility.
The digital miner differs from traditional physical mining rigs, serving instead as a certificate representing 1,000 TH of mining power sourced from GoMining’s operational fleet. Owners of this digital miner will benefit from proportional earnings based on their mining power, as Bitcoin rewards are credited to their GoMining account on a daily basis, minus any associated operational costs, such as electricity and maintenance.
For context, GoMining offers a range of digital miners starting at around 1TH of computing power, retailing for approximately $23 and expected to yield an estimated yearly net reward of about $6.53 based on current Bitcoin valuations. In contrast, the 1,024 TH miner, like the one included in this luxurious package, would command a much higher price but compensate with significantly greater rewards.
According to GoMining’s spokesperson, the $40,000 bundle is structured to provide a notable discount, combining the luxury timepiece’s retail value of $30,000 with a digital miner that would usually be priced around $20,000. However, the two cannot be sold separately, further enhancing the exclusivity of the offering.
Available for purchase at Jacob & Co. showrooms in both New York and Miami, the Epic X GoMining package can also be found on the watchmaker’s official website and the GoMining marketplace. The collaboration aims to challenge traditional market boundaries and provide a new route for crypto enthusiasts to explore luxurious investments.
This is not Jacob & Co.’s first foray into Bitcoin-themed timepieces; in 2022, the watchmaker unveiled the high-end Astronomia Solar Bitcoin model, limited to just 25 pieces and each priced at a staggering $348,000. The recent partnership with GoMining symbolizes a trend towards merging luxury watches with digital assets, appealing to collectors and investors alike.
With this innovative package, both companies aspire to broaden their reach within the luxury cryptocurrency market, catering to clientele eager for both elegance and potential financial return in the ever-evolving landscape of digital currency.
