Overview
- On June 19, 2026, GoMining published the GoBTC Pay Gen1 SDK and open API so developers, wallets, and merchants can integrate direct, non-custodial Bitcoin payments.
- GoMining says transactions flow through its private 15 EH/s mempool and use Stratum V2 to get priority in blocks and target an average settlement time of about 12 hours.
- Merchants will pay a 0.2% processing fee that the company will split 50/50 between participating wallet providers and miners to reward infrastructure participants.
- The company plans to onboard up to 10 merchants and ecosystem partners in an initial rollout to test real-world integration, performance, and merchant experience.
- Because GoBTC Pay settles on-chain, merchants remain exposed to Bitcoin price swings and must arrange fiat conversion themselves, so claimed speed and competitive effects still need validation in live commerce.