GoMining launches GoBTC Pay to provide native instant payments for Bitcoin

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chain wire

Posted: May 8, 2026 1:54 PM Updated: May 8, 2026 1:54 PM

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London, UK, May 8, 2026, Chainwire

• GoBTC Pay is a protocol that allows consumers to make native and instant payments on Bitcoin’s base layer.
• GoMining is launching its own mining pool to prioritize GoBTC Pay transaction confirmations, targeting final on-chain settlement within 12 hours by the end of 2026.
• This launch marks a strategic expansion of GoMining, a platform with 5 million users. GoBTC Pay extends this ecosystem to everyday payments.

GoMining launches GoBTC Pay, a Bitcoin payment protocol that provides peer-to-peer electronic payments as promised in its 2008 white paper. GoBTC Pay enables free, instant Bitcoin payments on the core Bitcoin layer. This makes it practical to use Bitcoin at the point of sale for everyday purchases. Payments are free for end users, and merchants pay a small acquisition fee that lowers traditional card processing costs.

GoBTC Pay is designed as an open infrastructure. GoMining operates a reference implementation, but any wallet provider, from Ledger to Trust Wallet to MetaMask, can integrate the protocol to offer instant Bitcoin payments to their users.

Why This Matters

Bitcoin is the dominant cryptocurrency with a market capitalization of over $1.5 trillion. Over 150 public companies hold BTC on their balance sheets. The physical Bitcoin ETF, which did not exist two years ago, now manages approximately $100 billion in assets across 12 funds. The US government holds approximately 328,000 BTC. However, Bitcoin still cannot process retail transactions quickly and reliably.

The Lightning Network, introduced in 2018 to solve this problem, took seven years to reach $1 billion in monthly transaction volume, with an average transaction volume of $223 largely reflecting flows between exchanges rather than people paying for groceries. In the United States, approximately 22% of adults own Bitcoin, but only 2,300 U.S. companies directly accept Bitcoin, widening the gap between the number of people who own Bitcoin and the places that accept it.

“The first line of the Bitcoin white paper describes a peer-to-peer electronic cash system. Bitcoin was designed to be money, not just an asset. That promise has not yet been fulfilled and we plan to deliver on it,” said Mark Zalan, CEO of GoMining. “We already serve millions of users and operate data centers on three continents, all of which puts us in a unique position to enable native Bitcoin payments through GoBTC Pay.”

Mining based verification

GoBTC Pay enables free and instant payments in Bitcoin by using GoMining’s own mining infrastructure to verify transactions. It uses a 2/3 multi-signature architecture shared between users, GoMining, and a regulated third-party custodian.

GoMining serves 5 million users worldwide. The company has created a dedicated mining pool to process GoBTC Pay transactions, targeting 12-hour on-chain payments by the end of 2026. While most payment companies rely on third-party pools for verification, GoMining mines the blocks themselves.

The pool also serves GoMining’s “digital miners,” who are users who own hashrate tokenized through GoMining’s app. A portion of GoBTC Pay transaction fees flows back to these miners as additional BTC revenue. Consumers pay in BTC, sellers earn BTC, miners earn a portion of the payment fees, and GoMining’s pool processes the transactions.

Any wallet provider, whether hardware, software or storage, can connect to the GoBTC Pay network to enable instant Bitcoin payments for their users.

Bitcoin Payments for Merchants

For merchants, GoBTC Pay is a Bitcoin-based acquisition network that cuts all major card processor costs. The 0.2% acquisition fee is significantly lower than traditional card processing, which ranges from 1.5% to 3.5% in the United States. For every $100 sold, the seller keeps $99.80.

GoMining distributes the entire fee back to the ecosystem. Half goes to the miner who confirms the transaction, and the other half goes to the wallet provider that initiated the payment. GoMining holds nothing against third-party transactions to encourage wallet integration and accelerate adoption.

Merchants can receive BTC directly into their wallets or use GoMining’s managed merchant solutions. The solution provides returns on BTC balances, including settlement periods, and provides entry into fiat. GoBTC Pay will launch in the coming months with a dedicated PoS terminal, web merchant dashboard, developer SDK, and plugins for Shopify and WooCommerce.

This launch coincides with GoMining’s massive expansion in the United States. The company is building integrated data centers for Bitcoin mining and AI workloads, with the goal of having 1GW of computing capacity by 2026.

GoMining presented a live demo of GoBTC Pay at Consensus Miami 2026 (May 5-7, Miami Beach Convention Center).

About GoMining

GoMining is an all-in-one Bitcoin ecosystem that allows you to simply and safely mine, earn, and spend Bitcoin every day. GoMining serves 5 million users and is one of the top 10 Bitcoin miners by hash rate globally, with data centers in the United States and around the world. The company provides access to Bitcoin through tokenized hashrate, daily BTC rewards, and an expanded suite of payment and revenue products. For more information, visit https://gomining.com/.

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