GoMining has launched a bitcoin payment infrastructure package that settles 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 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 converting fiat currencies and charges a fee of 0.2%.
- GoMining says its model can compete with both cryptocurrency gateways and card networks.
According to GoMining, the newly released GoBTC Pay Gen1 SDK and Application Programming Interface (API) is designed to help merchants, wallet providers, and ecosystem partners add Bitcoin payments to their products and services without relying on fiat currency conversion or custodial intermediaries. The company said it will initially include up to 10 merchants and partners as part of the rollout.
Designed for businesses looking to accept Bitcoin payments, the package includes merchant setup tools, payment management functionality, online payment integrations, developer documentation, an open API, and a web dashboard for monitoring transactions and managing settlement.
In comments accompanying the launch, GoMining CEO Mark Zalan said Bitcoin was originally created to transfer value between users rather than remaining inactive in wallets. Zalan stated that the new infrastructure aims to make Bitcoin payments easier for merchants and wallet providers to support daily merchant transactions.
Bitcoin direct settlement eliminates the conversion of fiat currencies
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 platform runs on its own infrastructure of 15 EH/s mempool and uses Stratum V2 technology to prioritize transactions, the company said. Based on GoMining estimates, settlements are expected to be completed in about 12 hours on average.
The launch is accompanied by a separate incentive structure. According to the company, traders pay a 0.2% transaction fee, which is split 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 imposed the same 0.2% fee structure for traditional card processing costs. The company cited industry data from Premier Payments, Forbes and Visa litigation settlement documents that indicate merchants typically pay between 1.5% and 3.5% per transaction once interchange, valuation and processing fees are combined.
Miners become payment infrastructure providers
As GoMining explained earlier, the lower fee structure leaves less room for intermediaries and requires the company to absorb fraud, volatility and operating costs through its own infrastructure and mass production economics.
The company has Argue Bitcoin miners are well positioned to run 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 this model, a payment network that charges a 0.2% fee could compete with cryptocurrency payment gateways that typically charge between 0.5% and 1%, while also challenging parts of the economy 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 the hash rate tied to an NFT instead of purchasing mining hardware. The company runs mining operations across multiple global data centers.
GoMining says it is backed by Bitscale Capital, runs on Bitmain’s infrastructure, and uses BitGo for institutional custody. Its advisory board includes Tal Cohen and Victor Orlovsky.
Cohen, who previously served as CEO of Kraken US and held leadership roles at McKinsey and Google, joined the board in June 2025.
