May 8, 2026 – London, United Kingdom
Launch GoMining GoBTC Pay A Bitcoin payment protocol that delivers on the promise of the 2008 White Paper: peer-to-peer electronic payments.
- GoBTC Pay is a protocol that allows consumers to make local and instant payments on the Bitcoin base layer.
- GoMining has launched its mining pool to prioritize the confirmation of GoBTC Pay transactions, targeting final 12-hour on-chain settlement by the end of 2026.
- The launch represents a strategic expansion of GoMining, a platform with 5 million users. GoBTC Pay expands this ecosystem to include everyday payments.
GoBTC Pay enables free and instant Bitcoin payments on the Bitcoin base layer. This makes it practical to use Bitcoin at point of sale for everyday purchases. Payments are free to end users and merchants pay a small acquisition fee that reduces traditional card processing.
GoBTC Pay is designed as an open infrastructure. GoMining runs the reference implementation, but any wallet provider — from Ledger to Trust Wallet to MetaMask — can integrate the protocol to offer instant payments in bitcoin to its users.
Why is this important?
Bitcoin is the dominant cryptocurrency with a market cap of over $1.5 trillion. More than 150 public companies hold Bitcoin on their balance sheets. Spot bitcoin ETFs, which did not exist two years ago, manage nearly $100 billion in assets across dozens of funds. The US government owns approximately 328,000 bitcoins. But Bitcoin still cannot process retail transactions quickly and reliably.
It took seven years to access the accelerator network, which was introduced in 2018 to solve this problem $1 billion in monthly volume And for her Average transaction is $223 It mostly reflects exchange flows to the exchange, not the person paying for the groceries. In the United States, about 22% of adults own Bitcoin, but only a small number of them exist 2300 US companies accept Bitcoin directly, and the gap between the number of people who own Bitcoin and the number of places that accept it is widening.
“The first line of the Bitcoin whitepaper describes a peer-to-peer electronic cash system,” said GoMining CEO Mark Zalan. “Bitcoin was designed to be money, not just an asset. That promise has yet to be fulfilled, and we intend to deliver.” “We already serve millions of users, and operate data centers on three continents. All of this provides us with a unique position to enable native Bitcoin payments with GoBTC Pay.”
Mining-backed confirmation
GoBTC Pay enables free, instant payments in Bitcoin, using GoMining’s mining infrastructure to confirm transactions. It uses a 2-of-3 multi-signature architecture shared between the user, GoMining, and a third-party regulator.
GoMining serves 5 million users globally. The company has created a dedicated mining pool to process GoBTC Pay transactions, with the goal of achieving 12-hour cross-chain settlement by the end of 2026. While most payment companies rely on third-party pools for confirmation, GoMining mines the blocks itself.
The pool also serves GoMining “digital miners” – users who own a token hashrate through the GoMining app. A portion of GoBTC Pay transaction fees flows to these miners as additional bitcoin revenue: consumers pay in bitcoin, merchants earn bitcoin, miners get a share of the payment fees, and the GoMining pool processes the transactions.
Any wallet provider, whether hardware, software or custodial service, can connect to the GoBTC Pay network and enable instant Bitcoin payments for its users.
Bitcoin payments to merchants
For merchants, GoBTC Pay is a native Bitcoin-powered acquisition network that reduces the cost of each major card processor. Its 0.2% processing fee is much lower than traditional card processing, which Ranging from 1.5% to 3.5% In the United States. In a $100 sale, the trader keeps $99.80.
GoMining distributes the entire fee back into the ecosystem: half goes to the miners who confirm the transactions, and the other half goes to the wallet provider that initiated the payment. GoMining does not retain anything in third-party transactions to incentivize wallet integrations and accelerate adoption.
Merchants can receive Bitcoin directly into their own wallet, or use GoMining’s merchant solution, which offers a return on their Bitcoin balance – including during the settlement window – and an exit for fiat currencies. GoBTC Pay will ship with a dedicated PoS terminal, web merchant dashboard, SDK for developers, and plugins for Shopify and WooCommerce in the coming months.
The launch coincides with GoMining’s significant expansion into the US. The company is building shared data centers for Bitcoin mining and AI workloads, with a goal of securing 1 gigawatt of computing capacity in 2026.
GoMining presented a live demo of GoBTC Pay at Consensus Miami 2026 (May 5-7, Miami Beach Convention Center).
About Jumining
GoMining is a complete Bitcoin ecosystem that makes it easy and safe to mine, earn, and use Bitcoin every day. GoMining serves 5 million users and ranks among the top 10 Bitcoin miners by hash rate globally, with data centers in the US and internationally. The company provides access to Bitcoin through a premium hash rate, daily BTC rewards, and an expanded range of pay and earn products. For more information, please visit https://gomining.com/
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