Bitcoin mining service provider Gomining launches GoBTC Foundation

On October 2, Bitcoin mining service provider Gomining announced the establishment of the GoBTC Foundation, a vertically integrated entity focused on Bitcoin L1 and L2 projects. The foundation seeks to promote on-chain activities, increase transaction fees, and benefit Bitcoin miners. The foundation said it works with a variety of partners, including mining companies, investors, foundations, and Bitcoin advocates, to enhance the entire Bitcoin ecosystem. To support new projects, the foundation offers two main programs: IDO Launchpad and Accelerator, which includes a 12-week mentoring program.