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← Blog·EducationFebruary 27, 2026· 4 min read

Understanding Mining Rates and Tier Multipliers

A detailed breakdown of how mining earnings are calculated in GeoMine.

Your earnings in GeoMine depend on three factors: the base rate, the business tier multiplier, and how long you stay. Let's break it all down.

Base Mining Rate

The base rate is 0.5 $GMINE per minute. This is the rate at a Bronze tier business. Every minute you spend mining, you earn at least 0.5 coins.

Tier Multipliers

Businesses set their mining rate by choosing a subscription tier:

TierMonthly CostMultiplierCoins/MinuteCoins/Hour
Bronze$491x0.530
Silver$992x1.060
Gold$1995x2.5150

The Math

Formula: Earnings = Base Rate × Tier Multiplier × Minutes

Example: 45 minutes at a Gold business

= 0.5 × 5.0 × 45 = 112.5 $GMINE

The Halving Factor

Mining rates halve annually. In Year 1, the base rate is 0.5/min. In Year 2, it drops to 0.25/min. Year 3: 0.125/min. This means early miners earn significantly more — an incentive to join now.

Maximizing Your Earnings

  1. Target Gold businesses: They offer 5x the rewards
  2. Mine early: Halving means Year 1 has the highest rates
  3. Plan routes: Visit multiple businesses in a single outing
  4. Stay longer: There's no penalty for spending more time (up to the 8-hour max)

Important Rules

  • 15-minute minimum: You earn nothing if you leave before 15 minutes
  • 2-hour cooldown: Wait 2 hours before returning to the same business
  • 8-hour maximum: Sessions auto-end after 8 hours
← Setting Up Your Mining Zone: A Business GuideThe GeoMine Halving Schedule Explained →
⛏️ GeoMine

Earn cryptocurrency by visiting real businesses. Walk in, mine coins, build wealth — the first location-based crypto mining platform.

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