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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.
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13 Articles

BenzingaBenzinga
+10 Reposted by 10 other sources
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GoMining Launches GoBTC Pay to Bring Native Instant Payments to Bitcoin

London, United Kingdom, May 8th, 2026, ChainwireGoBTC Pay is a protocol that lets consumers make native and instant payments on Bitcoin’s base layer. GoMining launches its own mining pool to prioritize GoBTC

·New York, United States
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Block Telegraph broke the news on Friday, May 8, 2026.
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