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The Epic X GoMining costs $40,000 and includes both a Jacob & Co. mechanical watch and a 1,000 TH digital miner
Only 100 units will be produced worldwide, debuting at Consensus Hong Kong in February
At current mining rates of roughly $0.0456 per day per terahash, the watch generates approximately $16.60 worth of Bitcoin daily
At the intersection of crypto dorks and watch dorks lies the Epic X GoMining, a wearable, fully functional bitcoin-mining luxury watch. Based on Jacob & Co.’s design and GoMining’s tech, this is a statement piece that will appreciate in value faster than any comparable design, at least in theory. Whether you’re out for cigars with the boys or getting arrested for fraud in Dubai, do it in style.
The watch itself features a hand-wound skeletonized movement with GoMining branding and Bitcoin-inspired motifs. The digital miner operates across GoMining’s data centers in the U.S., Africa, and Central Asia, with daily Bitcoin rewards sent directly to your GoMining wallet.
The miner can be traded or listed on GoMining’s marketplace and other supported platforms, which adds some liquidity if you decide this experiment in wrist-based wealth generation isn’t working out.
Jacob & Co. CEO Benjamin Arabov calls this “pushing the boundaries of digital integration to a whole new level.” The collaboration follows Jacob & Co.’s 2023 Astronomia Solar Bitcoin watch, proving the brand has fully committed to this particular niche.
At current Bitcoin mining profitability rates, 1 terahash generates about $0.0456 per day. With 1,000 TH of mining power, this watch setup earns approximately $16.60 daily in Bitcoin before factoring in GoMining’s service fees for electricity, maintenance, and uptime management.
Assuming you keep every penny (you won’t), you’re looking at roughly $6,059 per year in gross mining revenue. To recoup your $40,000 investment through mining alone would take approximately 6.6 years, and that’s only if Bitcoin prices, network difficulty, and mining profitability remain completely static (they absolutely will not).
Factor in service fees, which the company hasn’t disclosed but are standard in cloud mining operations, and you’re realistically looking at much longer. The Bitcoin network difficulty continues rising as more miners join, which means your slice of the daily mining rewards shrinks over time. And we haven’t even mentioned that Bitcoin rewards get cut in half roughly every four years through halvings.
Running conservative numbers with typical cloud mining fee structures and difficulty increases, you’re probably looking at 10-15 years minimum to break even through mining revenue alone. That’s assuming Bitcoin doesn’t crash, mining stays legal in your jurisdiction, and GoMining doesn’t fold as a company.
For context, you could buy a high-end ASIC mining rig for a fraction of this price and generate significantly more Bitcoin. Or you could just buy $40,000 worth of Bitcoin directly and skip the mining middleman entirely. At current prices around $95,000 per Bitcoin, that’s roughly 0.42 BTC outright versus hoping to mine it over the next decade or two.
The watch will be available through Jacob & Co. showrooms in New York and Miami, the brand’s official website, and GoMining’s marketplace. Only 100 units exist, which creates artificial scarcity for what amounts to a $40,000 statement about having $40,000 to spend on statements.
This is a collectible for people who collect absurdly specific things and have the budget to do so without sweating the math. The Epic X GoMining is a luxury item that happens to mine Bitcoin, not a Bitcoin mining solution that happens to be luxury. It’s jewelry with a blockchain gimmick, targeted at the exact overlap of crypto wealth and luxury watch collecting.
If you have $40,000 burning a hole in your pocket and want the most inefficient way possible to acquire Bitcoin while also telling everyone at parties about your mining watch, this exists. For everyone else, there are approximately ten thousand better ways to participate in the Bitcoin market.
Compact Discs
It is happening, again
Skating & Surfing
These were one of the most lucrative flips of 2023