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GoMining Launches GoBTC Pay to Bring Native Instant Payments to Bitcoin
GoMining says the protocol lets users pay on Bitcoin’s base layer for free while merchants pay a 0.2% fee, far below card processing.
On Friday, May 8, 2026, GoMining launched GoBTC Pay, a protocol enabling native, instant payments on Bitcoin's base layer, demonstrated at Consensus Miami 2026.
Bitcoin was designed as peer-to-peer electronic cash, but the network struggles with fast retail transactions, and the Lightning Network introduced in 2018 failed to solve this for everyday purchases.
GoMining utilizes its proprietary mining infrastructure to confirm transactions directly, charging a 0.2% acquiring fee substantially lower than traditional card processors' 1.5% to 3.5% range in the United States.
Merchants retain $99.80 on every $100 sale as fees distribute to miners and wallet providers, with plans to ship PoS terminals and plugins for Shopify and WooCommerce in coming months.
Designed as open infrastructure, the protocol allows any wallet provider to integrate instant Bitcoin payments, with GoMining aiming for 12-hour on-chain settlement by the end of 2026.