News

(Advertisement)

top ad mobile advertisement

GoMining Opens GoBTC Pay to Developers as Bitcoin Payments Push Beyond Demo Stage

chain

GoMining releases Gen1 SDK and API for GoBTC Pay, opening its Bitcoin payment protocol to merchants and wallet providers beyond its closed demo phase.

BSCN

June 30, 2026

native ad1 mobile advertisement

(Advertisement)

GoMining has released the Gen1 SDK and API for GoBTC Pay, opening its Bitcoin payment protocol to merchants, wallet providers, and ecosystem partners that want to plug native BTC settlement into their products. The Cyprus-based company announced the rollout on June 19 from its Limassol headquarters.

The release is significant because it marks the point at which GoBTC Pay leaves its closed demo phase and becomes infrastructure that third parties can actually build on. Until now, the layer 1 protocol existed mainly as a proof of concept. With Gen1, developers get merchant onboarding tools, payment management features, a web-based merchant dashboard, online payment integrations, public documentation, and an open API aimed at wallet providers and institutional partners.

GoMining is starting small. The company is onboarding an initial cohort of up to 10 merchants and ecosystem partners, which will be the first to integrate GoBTC Pay into live products and services.

The pitch to merchants is simple. Customers pay in Bitcoin, transactions settle on the Bitcoin base layer, and nobody has to convert assets into fiat. Users keep custody of their BTC throughout. For merchants, the experience is closer to accepting a debit card than dealing with traditional on-chain transfers, with an expected settlement window of around 12 hours.

That speed comes from how GoMining routes transactions through its own infrastructure. GoBTC Pay runs on the company's private 15 EH/s mempool, built on the Stratum V2 protocol, which prioritises GoBTC Pay transactions over standard mempool traffic. Settlement still happens on Bitcoin, but the routing gives the network a predictable timeline.

The economic design tries to keep every party in the chain motivated. Merchants pay a flat 0.2 percent transaction fee, and that fee is split evenly between the wallet provider involved in the transaction and the miners in GoMining's pool that confirm it. The idea is to push fees directly to the participants doing the actual work, instead of letting them pool with a single intermediary.

GoMining CEO Mark Zalan framed the launch as a return to Bitcoin's original purpose. "Satoshi didn't create Bitcoin to sit idle in wallets. It was designed to move value between people," he said, adding that the new SDK and API give merchants and wallets the tools to bring that into real commerce. He argued that Bitcoin's next chapter will be shaped by everyday usage as much as by ownership numbers.

GoMining first previewed GoBTC Pay at Consensus Miami earlier this year. Friday's announcement marks the company's formal step into pursuing wider adoption across merchants, wallets, and partners, and signals that the team is ready to move from showcase to deployment.

GoMining itself sits in a useful position to push the protocol. The company reports 5 million users and ranks among the top 10 Bitcoin miners globally by hashrate, with data centers in the United States and abroad. Its business runs largely on tokenized hashrate and a stack of payment and earning products, and GoBTC Pay slots into that suite as the consumer-facing payments rail.

Disclaimer

Disclaimer: The views expressed in this article do not necessarily represent the views of BSCN. The information provided in this article is for educational and entertainment purposes only and should not be construed as investment advice, or advice of any kind. BSCN assumes no responsibility for any investment decisions made based on the information provided in this article. If you believe that the article should be amended, please reach out to the BSCN team by emailing [email protected].

Author

BSCN profile photoBSCN

BSCN's dedicated writing team brings over 41 years of combined experience in cryptocurrency research and analysis. Our writers hold diverse academic qualifications spanning Physics, Mathematics, and Philosophy from leading institutions including Oxford and Cambridge. While united by their passion for cryptocurrency and blockchain technology, the team's professional backgrounds are equally diverse, including former venture capital investors, startup founders, and active traders.

(Advertisement)

native ad2 mobile advertisement

Project & Token Reviews

Learn about the hottest projects & tokens

Join our newsletter

Sign up for the very best tutorials and the latest Web3 news.

Subscribe Here!
BSCN

BSCN

BSCN RSS Feed

BSCN is your go-to destination for all things crypto and blockchain. Discover the latest cryptocurrency news, market analysis and research, covering Bitcoin, Ethereum, altcoins, memecoins, and everything in between.