GoMining opens Bitcoin payment network to merchants and wallets

GoMining has unveiled the GoBTC Pay Gen1 SDK and API, a new infrastructure offering designed to help merchants, wallets, and ecosystem partners incorporate Bitcoin transactions into everyday commerce.

At launch, GoMining will onboard up to 10 merchants and ecosystem partners to begin integrating GoBTC Pay into their products and services, the company said Friday.

“Satoshi didn’t create Bitcoin to sit idle in wallets. It was designed to move value between people,” Mark Zalan, CEO of GoMining, discussed the rollout.

Participants will have access to merchant onboarding tools, payment management features, online payment integrations, developer documentation, an open API, and a web-based dashboard designed to streamline Bitcoin payment acceptance.

“With the launch of the GoBTC Pay SDK and API, we’re giving merchants and wallet providers the infrastructure to bring that vision into real-world commerce in a way that is seamless and intuitive for users. We believe Bitcoin’s next chapter will be defined by how people use it, in addition to how many people own it,” Zalan stated.

Unlike many payment solutions that rely on custodial intermediaries or fiat conversion, GoBTC Pay settles directly on Bitcoin while allowing users to maintain ownership of their assets throughout the transaction process, as noted by the team.

The platform leverages GoMining’s private 15EH/s mempool infrastructure and Stratum V2 technology to prioritize transactions, targeting an average settlement period of approximately 12 hours.

GoMining also introduced an incentive model in which merchants pay a 0.2% transaction fee which is split equally between participating wallet providers and miners processing settlements.

According to the company, the model will reward infrastructure participants directly while supporting the adoption of Bitcoin payments among merchants, wallets, and ecosystem partners following the protocol’s debut.

Founded in 2021, GoMining is a Bitcoin mining platform that enables users to earn BTC through NFT-linked hashrate rather than owning mining hardware, with operations managed across global data centers.

The company is backed by Bitscale Capital, powered by Bitmain infrastructure, and secured institutionally through BitGo custody, with advisory backing from Tal Cohen and Victor Orlovski. Cohen, former CEO of Kraken US and an ex-McKinsey and Google executive, joined GoMining’s Advisory Board last June.

Disclosure: This article was edited by Vivian Nguyen. For more information on how we create and review content, see our Editorial Policy.