According to online reports, crypto mining company GoMining recently announced the launch of the US$100 million Bitcoin mining fund "Alpha Blocks Fund" for institutional investors. The fund is managed by digital asset custody giant BitGo and will provide investors with mining income distribution through a compound computing power strategy and focus on the value-added model of Bitcoin reward reinvestment. A GoMining spokesperson said: "Unlike passive equity investing, Alpha Blocks funds provide investors with the opportunity to directly mine Bitcoin through a fully custody, compound hash rate strategy. Bitcoin rewards will be reinvested to increase the fund's hash rate and improve miner efficiency." While GoMining's Bitcoin funds are aimed at institutional investors, its flagship product targets retail miners who may lack the funds to build heavy mining equipment.