GoMining launches GoBTC Pay: A new standard for Bitcoin network payments for businesses
Mining company GoMining has introduced a payment service called GoBTC Pay, designed for businesses to accept Bitcoin payments. The platform automatically converts funds into fiat currencies or stablecoins, simplifying the integration of the leading cryptocurrency into corporate financial flows.
The service targets companies with an international clientele seeking to use Bitcoin as a full-fledged payment tool. As stated by the CEO of GoMining, "Satoshi created Bitcoin not for it to just sit idle in wallets. It was designed to move value between people."
Technical Foundation and Advantages
GoBTC Pay is based on GoMining's private mempool, built on the Stratum V2 protocol. This allows prioritizing the service's transactions and ensuring an average settlement window of about 12 hours. The platform handles the entire processing cycle: transactions, settlements, and conversion. Users can choose the format for receiving revenue — in Bitcoin, stablecoins, or national currencies, which is critical for managing volatility.
Ecosystem and Competitive Landscape
The new service expands the GoMining ecosystem, which previously focused on mining services. The company expects GoBTC Pay to create additional use cases for participants, strengthening Bitcoin's role in the real economy.
The crypto payments market remains highly competitive: both specialized processors and traditional providers introducing digital asset support are vying for business. GoMining is confident that growing interest in international settlements and the development of Bitcoin infrastructure will drive corporate adoption. For context, in October 2025, Jack Dorsey's company Block launched zero-fee Bitcoin payments for businesses as part of the Square service.
Expert opinion: GoBTC Pay is a logical step for GoMining, combining mining and payments. However, the key challenge remains competition with established solutions like Square. Success will depend on settlement speed and fee levels, which have not yet been disclosed. In the long term, such services could transform Bitcoin from a speculative asset into a working tool for global commerce.