Crypto miner GoMining recently announced the launch of a $100 million bitcoin mining fund "Alpha Blocks Fund" for institutional investors. The fund, which is managed by digital asset custodian giant BitGo, will provide investors with mining income distribution through a compound computing power strategy and focus on the appreciation model of bitcoin reward reinvestment. A GoMining spokesperson said: "Unlike passive equity investments, the Alpha Blocks fund offers investors the opportunity to mine bitcoin directly through a fully custodial, compound hash rate strategy. Bitcoin rewards are reinvested to increase the fund's hash rate and improve miner efficiency." While GoMining's bitcoin fund is aimed at institutional investors, its flagship product is targeted at retail miners who may lack the funds to build heavy mining equipment.