GoMining has launched a Bitcoin payment infrastructure stack that processes transactions directly on the Bitcoin network while charging merchants a 0.2% processing fee, a rate the company says is much lower than traditional card payment fees.
Summary
- GoMining has launched the 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 fee of 0.2%.
- GoMining claims its model can compete with both crypto gateways and card networks.
According to GoMining, the newly released GoBTC Pay Gen1 SDK and API is designed to help merchants, wallet providers, and ecosystem partners add Bitcoin payments to their products and services without relying on fiat conversions or end-to-end intermediaries. The company said it will initially roll out to up to 10 retailers and partners as part of the rollout.
Designed for businesses looking to accept Bitcoin payments, the package includes merchant onboarding tools, payment management functions, online checkout integration, 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 created to transfer value between users rather than sitting idle in wallets. Zalan said the new infrastructure is intended to make Bitcoin payments easier for merchants and wallet providers to support day-to-day transactions.
Direct Bitcoin settlement eliminates fiat conversion
Unlike many crypto payment services that convert digital assets into fiat currency before payment, GoMining said GoBTC Pay processes payments directly in Bitcoin while allowing users to retain control of their assets during 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, the settlement is expected to be completed in about 12 hours on average.
A different incentive structure is associated with the launch. According to the company, sellers pay a transaction fee of 0.2%, which is divided equally between the wallet providers and the miners involved in processing the settlements. GoMining said the model is designed to reward infrastructure participants while encouraging payment adoption throughout the Bitcoin ecosystem.
Last month, GoMining set a similar fee of 0.2% for card processing fees. The company’s statements cited industry data from Premier Payments, Forbes, and Visa settlement documents showing that merchants typically pay between 1.5% and 3.5% per transaction when interchange, checking, and processing fees are included.
Miners become payment infrastructure providers
According to GoMining’s previous definition, the low-cost structure leaves little room for intermediaries and requires the company to contain fraud, volatility, and operational costs through its infrastructure and block-production economics.
The company has argued that Bitcoin miners are well placed to use payment protocols directly on the Bitcoin mainnet because they already receive block rewards and can generate additional revenue from transaction processing and related services.
Under that model, a payment network that charges 0.2% can compete with crypto payment gateways that typically charge between 0.5% and 1%, while also challenging the economic components behind card processing networks, according to GoMining’s analysis.
Founded in 2021, GoMining operates a Bitcoin mining platform that allows users to earn BTC with a hashrate linked to NFT rather than buying mining hardware. The company manages mining operations in all data centers worldwide.
GoMining claims to be backed by Bitscale Capital, runs on Bitmain’s infrastructure, and uses BitGo for institutional storage. 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.
