GoMining has launched a Bitcoin payment infrastructure stack that settles transactions directly on the Bitcoin network while charging merchants a 0.2% processing fee, a rate the company says is significantly lower than traditional card payment costs.
Summary
- GoMining has launched GoBTC Pay SDK and API to help merchants accept Bitcoin directly.
- The platform settles payments directly on the Bitcoin network without fiat conversion and charges a 0.2% fee.
- GoMining says its model could compete with both crypto gateways and card networks.
According to GoMining, the newly released GoBTC Pay Gen1 SDK and API are designed to help merchants, wallet providers, and ecosystem partners add Bitcoin payments to their products and services without relying on fiat conversion or custodial intermediaries. The company said it will initially onboard up to 10 merchants and partners as part of the rollout.
Built for businesses looking to accept Bitcoin payments, the package includes merchant onboarding tools, payment management functions, online checkout integrations, developer documentation, an open API, and a web dashboard for transaction monitoring and settlement management.
In comments accompanying the launch, GoMining CEO Mark Zalan said Bitcoin was originally created to transfer value between users rather than remain inactive in wallets. Zalan stated that the new infrastructure is intended to make Bitcoin payments easier for merchants and wallet providers to support in everyday commercial transactions.
Direct Bitcoin settlement removes fiat conversion
Unlike many crypto payment services that convert digital assets into fiat currency before settlement, GoMining said GoBTC Pay processes payments directly on Bitcoin while allowing users to retain control of their assets throughout the transaction flow.
The company said the platform runs on its private 15 EH/s mempool infrastructure and uses Stratum V2 technology to prioritize transactions. Based on GoMining’s estimates, settlements are expected to be completed in roughly 12 hours on average.
A separate incentive structure accompanies the launch. According to the company, merchants pay a 0.2% transaction fee, which is divided equally between wallet providers and miners involved in processing settlements. GoMining said the model is designed to reward infrastructure participants while encouraging payment adoption across the Bitcoin ecosystem.
Last month, GoMining positioned the same 0.2% fee structure against traditional card processing costs. Company statements cited industry data from Premier Payments, Forbes, and Visa litigation settlement documents indicating that merchants typically pay between 1.5% and 3.5% per transaction once interchange, assessment, and processor fees are combined.
Miners become payment infrastructure providers
According to GoMining’s earlier explanation, the low-fee structure leaves less room for intermediaries and requires the company to absorb fraud, volatility, and operational costs through its own infrastructure and block-production economics.
The company has argued that Bitcoin miners are well placed to operate payment protocols directly on the Bitcoin mainnet because they already earn block rewards and can generate additional revenue from transaction processing and related services.
Under that model, a payment network charging 0.2% could compete with crypto payment gateways that typically charge between 0.5% and 1%, while also challenging parts of the economics behind traditional card-processing networks, according to GoMining’s assessment.
Founded in 2021, GoMining operates a Bitcoin mining platform that allows users to earn BTC through NFT-linked hashrate rather than purchasing mining hardware. The company manages mining operations across multiple global data centers.
GoMining says it is backed by Bitscale Capital, operates on Bitmain infrastructure, and uses BitGo for institutional custody. Its advisory board includes Tal Cohen and Victor Orlovski.
Cohen, who previously served as CEO of Kraken US and held leadership roles at McKinsey and Google, joined the board in June 2025.
