GoMining announced the launch of its GoBTC Pay SDK and API, a Bitcoin payment infrastructure for merchants. This allows merchants to directly receive Bitcoin and complete settlements on the Bitcoin mainnet, eliminating the need for fiat currency conversion. The company stated that it will initially integrate with up to 10 merchants and partners.
Product for merchant access
This toolkit is designed for merchants, wallet service providers, and ecosystem partners, aiming to integrate Bitcoin payment capabilities into existing products and services. Supporting features include merchant onboarding, payment management, online checkout integration, developer documentation, an open API, and a web-based backend for monitoring transactions and managing settlements.
GoMining CEO Mark Zalan stated that this infrastructure aims to lower the barrier for merchants and wallets to support Bitcoin payments, making Bitcoin more accessible in everyday transactions.
Settle directly on the Bitcoin network
The company disclosed that GoBTC Pay differs from common crypto payment gateways, which typically convert digital assets into fiat currency before settlement. GoMining's solution processes payments directly on the Bitcoin network, allowing users to retain control of their assets during transactions.
According to the company, the platform runs on its own 15 EH/s mempool infrastructure and uses Stratum V2 technology to improve transaction priority. GoMining estimates the average settlement time to be approximately 12 hours.
- The merchant transaction processing fee rate is 0.2%.
- The fees are split equally between the wallet service provider and the miners.
- The first batch of participants will be limited to a maximum of 10 companies.
Miners are included in the payment and settlement chain
GoMining stated that this fee structure aims to distribute more revenue to wallet service providers and miners participating in settlements, while simultaneously promoting the expansion of Bitcoin payments within the ecosystem. The company believes that miners, who already participate in the operation of the Bitcoin network through block rewards, can further generate additional revenue through transaction processing and related services.
The company had previously compared its 0.2% fee rate to the cost of traditional bank card payments. It cited industry data stating that merchants typically incur a combined fee of 1.5% to 3.5% on bank card transactions. GoMining also noted that some encrypted payment gateways typically charge between 0.5% and 1%.
Company Background
The announcement states that GoMining, founded in 2021, operates a Bitcoin mining platform where users can acquire BTC through computing power linked to NFTs, rather than directly purchasing mining equipment. The company claims its mining farms are located in multiple global data centers.
GoMining stated that it is backed by Bitscale Capital, uses Bitmain infrastructure, and has institutional custody services provided by BitGo. Its advisory board members include Tal Cohen and Victor Orlovski. Tal Cohen previously served as CEO of Kraken US and joined the advisory board in June 2025.
