In a major leadership shuffle, the Bitcoin Mining Platform, GoMining, has announced a significant addition in its advisory board. It has added former Kraken US CEO Tal Cohen in the GoMining Advisory Board. With this, GoMining aims to continue its vision of making Bitcoin mining accessible through GameFi experiences.
Interestingly, the appointment comes as GoMining is looking to build its own data centre in the US. By Q2 2025, it is also looking to launch its own in-house Investment fund.
Former Kraken CEO Tal Cohen Joins Coinbase and Binance Executive
Kraken CEO Tal Cohen would be joining an advisory board that already includes 3 distinguished Executives: –
1. former Binance Executive Gleb Kostarev,
2. CEO of Magic Eden Igor Milihram and
3. Coinbase Senior adviser, Jobn Joseph.
Welcome Tal Cohen to the GoMining Advisory Board — former Kraken US CEO, with a sharp track record in crypto, strategy, and growth.
His insights will help shape a stronger future for our ecosystem. pic.twitter.com/cmqBHHatQB
— GoMining (@GoMining_token) June 20, 2025
From 2022 to 2024, Tal Cohen served as the CEO of Kraken USA (Payward Ventures Inc.), the U.S.‑facing arm of the global cryptocurrency exchange. In that role, he helped Kraken in expanded U.S. market share by navigating U.S. registrations, compliance programs, and go‑to‑market strategies amid rapidly evolving crypto regulations.
Further, before joining Kraken, Cohen led his own boutique advisory firm and co‑founded and ran Sirin Labs, the Tel Aviv‑based cybersecurity phone maker
He is going to bring immense experience to GoMining as within his 25 years of strategic consulting experience, Cohen has advised more than 50 companies across financial services, technology, and blockchain. His expertise spans M&A, marketing optimization, operational scaling, and regulatory strategy. According to the official announcement shared with BrandTalk, GoMining has till now mined 4340 BTC – a figure earned by digital miner holders – with total mining power of 8412 178 TH/s.
Are Bitcoin Mining Companies Expanding
The cost of mining a single Bitcoin has increased by 23% in Q1 2025 and is expected to continue the patter in Q2 as well.
Recently, the Bitcoin mining sector is facing both the positive and negative sides. The Scandinavian country Norway has imposed temporary banned new Bitcoin mining data centres to “preserve electricity”. According to the data from Uminers, Hashprice or the daily revenue per TH/s has dropped from about $0.12 in April 2024 to $0.049 by April 2025. This has come even as the network difficulty has climbed to a record 123 T. Miners are thus pressed to wring more efficiency from their operations.
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With the President Trump’s tariffs, three Bitcoin mining infra providers have decided to set up their manufacturing base in the United States. Building 90% of all the global mining computers, these companies are Biymain, Canaan, and MicroBT.
The Eric Trump-led Hut 8 subsidiary American Bitcoin is also trying to establish a “new standard” in Bitcoin mining. Companies like Riot Platforms, Auradine, Bitdeer have raised millions in funding this Quarter.
With the addition of M&A and regulatory strategy experienced executive, GoMining is also expected to follow the similar path.
Also Read: Polygon’s New Venture Zisk
Sneha Agrawal 
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