[PRESS RELEASE – London, United Kingdom, May 8th, 2026]
- GoBTC Pay is a protocol that enables native, instant payments on Bitcoin’s base layer.
- GoMining has launched its own mining pool to prioritize GoBTC Pay transaction confirmations, targeting a 12-hour final on-chain settlement by the end of 2026.
- The launch expands GoMining’s ecosystem—already serving 5 million users—into everyday payments through GoBTC Pay.
GoMining today launched GoBTC Pay, a Bitcoin payment protocol designed to deliver the peer-to-peer electronic payments envisioned in the 2008 Bitcoin whitepaper. GoBTC Pay enables free, instant Bitcoin payments on the core Bitcoin layer, making Bitcoin practical for point-of-sale transactions and everyday purchases. End users and customers pay no fees; merchants pay a small acquiring fee that is significantly lower than traditional card processing costs.
Built as open infrastructure, GoBTC Pay’s reference implementation is operated by GoMining, but any wallet provider—from hardware options like Ledger to popular software wallets—can integrate the protocol to offer instant Bitcoin payments to their users.
Why this matters
Bitcoin remains the largest cryptocurrency, with a market capitalization above $1.5 trillion and broad institutional adoption: more than 150 public companies hold BTC on their balance sheets, spot Bitcoin ETFs now manage roughly $100 billion across multiple funds, and governments hold significant reserves. Despite this scale, Bitcoin has not yet become a reliable, fast option for retail payments.
Solutions like the Lightning Network have addressed speed and cost, but adoption has been gradual and usage patterns have skewed toward larger or exchange-related transfers rather than everyday retail purchases. Meanwhile, ownership among consumers is growing—around one in five U.S. adults own Bitcoin—yet the number of merchants accepting direct Bitcoin payments remains limited. GoBTC Pay aims to bridge that gap by offering a native, low-cost payment option designed for everyday commerce.
“The opening line of the Bitcoin whitepaper describes a peer-to-peer electronic cash system. Bitcoin was designed to be money, not only an investment. That promise is still unfulfilled, and we intend to deliver on it,” said Mark Zalan, CEO of GoMining. “With millions of users and data centers on three continents, GoMining is uniquely positioned to enable native Bitcoin payments with GoBTC Pay.”
Mining-powered confirmation
GoBTC Pay delivers free and instant Bitcoin payments by leveraging GoMining’s own mining infrastructure to confirm transactions. The protocol uses a 2-of-3 multi-signature model shared among the user, GoMining, and a regulated third-party custodian to secure payments and enable rapid settlement.
GoMining serves five million users globally and has created a dedicated mining pool to process GoBTC Pay transactions. By mining blocks directly rather than relying on third-party pools, the company aims for a 12-hour on-chain settlement target by the end of 2026. This mining-first approach prioritizes payment confirmations and reduces reliance on external actors.
The pool also supports GoMining’s “digital miners,” customers who own tokenized hashrate through the company’s app. A portion of GoBTC Pay fees is distributed back to these tokenized miners as additional BTC yield: consumers pay with Bitcoin, merchants receive Bitcoin, miners earn a share of fees, and GoMining’s pool processes the transactions.
Any wallet provider—hardware, software, or custodial—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-native acquiring network that undercuts major card processors on cost. The acquiring fee is set at 0.2%, substantially lower than typical card processing rates. For example, on a $100 sale a merchant would retain $99.80 after the GoBTC Pay fee.
GoMining redistributes the entire fee into the ecosystem: half is paid to miners who confirm transactions and half goes to the wallet provider that initiated the payment. GoMining does not retain fees from third-party transactions, creating a clear incentive for wallet integrations and rapid adoption.
Merchants can receive BTC directly into their own wallets or opt into GoMining’s custodial merchant solution, which offers yield on BTC balances during the settlement window and an on-ramp/off-ramp to fiat. GoBTC Pay will also ship with a dedicated point-of-sale terminal, a web-based merchant dashboard, a developer SDK, and upcoming plugins for popular e-commerce platforms.
The product launch coincides with GoMining’s broader expansion in the United States, where the company is building combined data centers for Bitcoin mining and AI workloads and aims to secure 1 GW of compute capacity in 2026.
GoMining showcased a live demonstration 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 makes it simple and secure to mine, earn, and use Bitcoin daily. Serving five million users, GoMining ranks among the top-10 Bitcoin miners by hashrate globally and operates data centers in the United States and internationally. The company offers tokenized hashrate, daily BTC rewards, and a growing suite of payment and earning products designed to expand Bitcoin’s practical use. For more information, please visit https://gomining.com/