GoMining, a Bitcoin ecosystem platform with over 5 million users and a top-10 global hashrate, announced the launch of GoBTC Pay on May 8, 2026. The protocol enables native, instant, and fee-less payments for consumers directly on Bitcoin’s base layer, aiming to fulfill the original peer-to-peer electronic cash vision from the 2008 whitepaper.
The launch marks a strategic expansion from Bitcoin mining and tokenized hashrate into everyday payments. GoBTC Pay uses a 2-of-3 multi-signature architecture shared between the user, GoMining, and a regulated third-party custodian, with transactions confirmed by GoMining’s own dedicated mining pool. By the end of 2026, the company targets a 12-hour final on-chain settlement, bypassing reliance on external pools.
Payment economics are designed to incentivize adoption: end-users pay no fees, while merchants pay an acquiring fee of just 0.2%—significantly undercutting traditional card processing rates of 1.5–3.5%. The fee is entirely redistributed: half to miners confirming the transactions and half to the wallet provider that initiated the payment. GoMining retains nothing on third-party transactions.
The protocol is built as open infrastructure; any wallet—Ledger, Trust Wallet, MetaMask, or others—can integrate GoBTC Pay. For merchants, it offers a Bitcoin-native acquiring network with direct BTC settlement, optional yield on balances through a custodial solution, and an off-ramp to fiat. Supporting tools include a dedicated PoS terminal, a web dashboard, a developer SDK, and plugins for Shopify and WooCommerce in the coming months.
GoMining presented a live demo at Consensus Miami 2026 (May 5–7). The company is also expanding in the U.S., building combined data centers for Bitcoin mining and AI workloads, targeting 1 GW of compute capacity this year.