Introduction to GoMining’s New Infrastructure
GoMining has unveiled a new infrastructure for Bitcoin transactions aimed at merchants, which enables direct settlement on the Bitcoin blockchain while imposing a mere 0.2% processing fee. This fee structure is touted as being substantially lower than the typical costs associated with credit card transactions, which often exceed 1.5% and can reach as high as 3.5%.
GoBTC Pay Gen1 SDK and API
This launch includes the GoBTC Pay Gen1 SDK and API, which are intended to facilitate the integration of Bitcoin payments by merchants, wallet providers, and other partners without the need for currency conversion or reliance on third-party custodians. Initially, the company plans to onboard up to ten merchants and partners for this new payment system.
CEO’s Vision and Payment Process
Mark Zalan, GoMining’s CEO, emphasized that Bitcoin was originally intended to facilitate direct value transfer between users, not to remain dormant in wallets.
He highlighted the new infrastructure’s goal of simplifying Bitcoin payment processes for everyday commercial activities. Unlike many cryptocurrency payment services that convert assets into fiat for transactions, GoBTC Pay allows for on-chain payments, enabling users to maintain control over their Bitcoin throughout each transaction.
Technical Infrastructure and Transaction Fees
The platform operates on GoMining’s proprietary 15 EH/s mempool infrastructure and employs Stratum V2 technology to prioritize transactions, anticipating that settlement times will average around 12 hours.
To complement this service, merchants will see their 0.2% transaction fees shared equally between wallet providers and miners who process the settlements. This model not only incentivizes the participants involved in the payment infrastructure but also seeks to boost the adoption of Bitcoin payments across its ecosystem.
Competitive Edge and Market Position
GoMining’s recent announcement reiterates its competitive edge—historically, digital payment gateways charge fees ranging from 0.5% to 1%. With their 0.2% structure, they aim to also pose a challenge to conventional card-processing networks, which often incur higher transaction fees. The company absorbs the costs associated with fraud and market volatility through its infrastructure and block-production economics, thereby reducing the need for middlemen.
Company Background
Founded in 2021, GoMining operates a unique Bitcoin mining platform where users can earn BTC via NFT-linked hashrates instead of investing in mining equipment. The company conducts its mining activities across various international data centers and is supported by Bitscale Capital, utilizing Bitmain infrastructure and BitGo for secure institutional custody. Notably, their advisory board includes prominent figures like Tal Cohen and Victor Orlovski, with Cohen, a former CEO at Kraken US, joining in June 2025.
