GoMining launches GoBTC Pay to enable instant Bitcoin payments

GoMining launched GoBTC Pay, a Bitcoin-native payments protocol and a dedicated mining pool that aims to enable instant on-chain Bitcoin transactions with a target of 12-hour final settlement by the end of 2026 and a 0.2% merchant acquiring fee.

The protocol allows consumers to send Bitcoin on the base layer without paying end-user fees. GoMining operates a reference implementation but the protocol is open for integration by any wallet provider, including hardware and software wallets, to offer instant payments to their users.

Transactions are authorized through a 2-of-3 multi-signature arrangement requiring approval from the user, GoMining and a regulated third-party custodian to move funds from an account.

GoMining has launched a dedicated mining pool to prioritize GoBTC Pay transactions rather than relying on third-party pools. The pool will also support users who own tokenized hashrate through GoMining’s app, called “digital miners.” A portion of payment fees will be returned to those miners as additional BTC yield.

For transactions initiated by third-party wallets, GoMining will not retain any of the acquiring fee. The full 0.2% fee is divided evenly between the miners who confirm the payments and the wallet provider that initiated them.

Merchants can receive Bitcoin directly into their own wallets or use GoMining’s custodial merchant solution, which provides yield on BTC balances during the settlement window and an option to convert to fiat. GoMining said it will provide a point-of-sale terminal, a web merchant dashboard, a developer software development kit and plugins for Shopify and WooCommerce in the coming months.

GoMining serves about 5 million users and ranks among the top 10 Bitcoin miners by hashrate. The company presented a live demonstration of GoBTC Pay at Consensus Miami in May 2026 and is expanding U.S. operations with combined data centers for Bitcoin mining and AI workloads, targeting 1 gigawatt of compute capacity by 2026.

Market context: Bitcoin’s market capitalization exceeds $1.5 trillion. Spot Bitcoin exchange-traded funds now manage roughly $100 billion across multiple funds, and the U.S. government holds about 328,000 BTC. The Lightning Network reached about $1 billion in monthly volume after several years, with average transactions concentrated toward exchange flows. Approximately 2,300 U.S. businesses currently accept Bitcoin directly.

Mark Zalan, GoMining’s CEO, described GoBTC Pay as an attempt to deliver on the original Bitcoin whitepaper: “The first line of the Bitcoin whitepaper describes a peer-to-peer electronic cash system. Bitcoin was designed to be money, not just an asset. That promise is still unfulfilled, and we intend to deliver on it.”