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GoBTC is a protocol that allows consumers to make native, instant payments on top of Bitcoin’s base layer.
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GoMining is launching its own mining pool to prioritize confirmation of GoBTC transactions, aiming for 12-hour final on-chain settlement by the end of 2026.
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This launch marks a strategic expansion for GoMining, a platform with 5 million users. GoBTC extends this ecosystem to everyday payments.
GoMining today launched GoBTC, a Bitcoin payment protocol that delivers on its promises in the 2008 white paper: peer-to-peer electronic payments. GoBTC enables free and instant Bitcoin payments on the core Bitcoin layer. This makes it convenient to use Bitcoin at the point of sale for everyday purchases. Payments are free for end users and merchants pay small acquisition fees that undermine traditional card processing.
GoBTC is designed as an open infrastructure. GoMining leverages the reference implementation, but any wallet provider – from Ledger to Trust Wallet to MetaMask – can integrate the protocol to offer instant Bitcoin payments to its users.
Why it matters
Bitcoin is the dominant cryptocurrency with a market capitalization over $1.5 trillion. More than 150 public companies hold BTC on their balance sheets. Spot Bitcoin ETFs, which didn’t exist two years ago, now manage around $100 billion in assets across a dozen funds. The US government holds approximately 328,000 BTC. But Bitcoin still cannot process a retail transaction quickly and reliably.
The Lightning Network, introduced in 2018 to solve this problem, took seven years to reach $1 billion in monthly volume and its average transaction of $223 primarily reflects exchange-to-exchange flows, not paying for groceries. About 22% of adults in the United States own Bitcoin, but only 2,300 U.S. businesses accept Bitcoin directly, and the gap between the number of people owning Bitcoin and the number of places that accept it is growing.
“The first line of the Bitcoin white paper describes a peer-to-peer electronic payment system. Bitcoin was designed to be money, not just an asset. This promise is still unfulfilled and we intend to keep it,” said Mark Zalan, CEO of GoMining. “We already serve millions of users and operate data centers on three continents. All of this gives us a unique position to enable native Bitcoin payments with GoBTC.”
Mining-based confirmation
GoBTC allows free and instant Bitcoin payments, using GoMining’s own mining infrastructure to confirm transactions. It uses a 2 of 3 multi-signature architecture shared between the user, GoMining and a regulated third-party custodian.
GoMining serves 5 million users worldwide. The company has created a mining pool dedicated to processing GoBTC transactions, with the goal of achieving on-chain settlement within 12 hours 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’s “digital miners”, i.e. users who own a hashrate tokenized through the GoMining app. A portion of the GoBTC transaction fees accrues to these miners in the form of additional BTC yield: consumers pay with BTC, merchants earn BTC, miners earn 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 network and enable instant Bitcoin payments to its users.
Bitcoin Payments for Merchants
For merchants, GoBTC is a native Bitcoin acquiring network that undercuts the costs of all major card processors. Its 0.2% acquisition fee is significantly lower than traditional card processing fees, which range from 1.5% to 3.5% in the United States. On a sale of $100, the trader keeps $99.80.
GoMining redistributes the entire fee across the ecosystem: half goes to the miners who confirm the transactions and the other half goes to the wallet provider who initiated the payment. GoMining does not keep track of third-party transactions to encourage wallet integrations and accelerate adoption.
Traders can receive BTC directly to their own wallet or use GoMining’s deposit solution, which offers a yield on their BTC balance – including during the settlement window – and an outflow to fiat. GoBTC will ship with a dedicated PoS terminal, web merchant dashboard, developer SDK, and plugins for Shopify and WooCommerce in the coming months.
This launch coincides with GoMining’s major expansion into the United States. The company is building combined data centers for Bitcoin mining and AI workloads, aiming to achieve 1 GW of compute capacity in 2026.
GoBTC launches today 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 every day. GoMining serves 5 million users and ranks among the top 10 Bitcoin miners in the world by hashrate, with data centers in the United States and internationally. The company makes Bitcoin accessible through a tokenized hashrate, daily BTC rewards, and a growing suite of payment and earning products. For more information, please visit https://gomining.com/
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