Cryptocurrency

GoMining Launches GoBTC Pay to Bring Native Instant Payments to Bitcoin

On May 8th, 2026, in London, United Kingdom, GoMining launched GoBTC Pay, a revolutionary Bitcoin payment protocol that aims to deliver on the promise made in the 2008 whitepaper: peer-to-peer electronic payments. This new protocol allows consumers to make native and instant payments on Bitcoin’s base layer, making it practical to use Bitcoin for everyday purchases.

One of the key features of GoBTC Pay is its ability to enable free and instant Bitcoin payments on the core Bitcoin layer. This means that consumers can make transactions without any fees, while merchants pay a small acquiring fee that is lower than traditional card processing fees. The protocol is designed as an open infrastructure, allowing any wallet provider to integrate it and offer instant Bitcoin payments to their users.

The launch of GoBTC Pay marks a strategic expansion for GoMining, a platform with 5 million users. By introducing this new payment protocol, GoMining is extending its ecosystem into everyday payments, bridging the gap between Bitcoin as an asset and Bitcoin as a practical form of money for transactions.

Bitcoin, with a market cap exceeding $1.5 trillion, has become a dominant cryptocurrency. However, it still faces challenges when it comes to processing retail transactions quickly and reliably. The Lightning Network, introduced in 2018 to address this issue, has taken years to gain traction and is primarily used for exchange-to-exchange flows rather than everyday transactions like buying groceries.

Mark Zalan, CEO of GoMining, emphasized the importance of fulfilling the original promise of Bitcoin as a peer-to-peer electronic cash system. He stated, “Bitcoin was designed to be money, not just an asset. That promise is still unfulfilled, and we intend to deliver on it.” With GoBTC Pay, GoMining aims to enable native Bitcoin payments and make it easier for people to use Bitcoin in their daily lives.

One of the unique aspects of GoBTC Pay is its mining-powered confirmation process. GoMining uses its own mining infrastructure to confirm transactions, aiming for a 12-hour on-chain settlement by the end of 2026. This approach sets it apart from other payment companies that rely on third-party pools for confirmation.

Merchants also stand to benefit from GoBTC Pay, as it offers a Bitcoin-native acquiring network with lower fees compared to traditional card processors. The acquiring fee of 0.2% undercuts major card processing fees, allowing merchants to keep more of their sales revenue. Additionally, GoMining distributes the entire fee back into the ecosystem, incentivizing wallet integrations and accelerating adoption.

Overall, the launch of GoBTC Pay represents a significant step towards making Bitcoin more accessible and usable for everyday transactions. By combining mining infrastructure with a user-friendly payment protocol, GoMining is paving the way for a future where Bitcoin can truly fulfill its potential as a peer-to-peer electronic cash system.

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