GoMining launches GoBTC Pay: a new service for instant bitcoin settlements
Mining company GoMining is launching a new payment platform, GoBTC Pay, which allows businesses to accept bitcoin payments with automatic conversion into fiat currencies or stablecoins. The service is aimed at companies working with international clients and is designed to simplify the use of the first cryptocurrency as a daily payment tool.
According to the developers, GoBTC Pay handles full transaction processing, settlement operations, and fund conversion. Users can choose the format for receiving revenue — in bitcoin, stablecoins, or national currencies, which significantly lowers the entry barrier for traditional businesses.
A key feature of the platform is its operation 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. This approach guarantees speed and reliability, which is critical for commercial operations.
Expansion of the GoMining Ecosystem
The new service has become part of the GoMining ecosystem, which previously developed around mining services. The launch of the payment solution expands the scope of bitcoin's application and creates additional use cases for ecosystem participants. The company's CEO emphasizes that bitcoin was created to move value, not for passive storage in wallets.
Competitive Landscape
The cryptocurrency payments market remains one of the most competitive segments of the industry. Both specialized crypto processing companies and traditional payment providers adding support for digital assets are vying for business attention. GoMining is confident that growing interest in international settlements and the development of bitcoin infrastructure will contribute to the further spread of crypto payments among corporate clients.
Analyst Comment: The launch of GoBTC Pay is a logical step for a mining company seeking to diversify its revenue and establish itself in the growing B2B payments segment. However, success will depend on how well the service can compete on fees and speed with already established solutions, such as Jack Dorsey's Block, which launched zero-fee bitcoin payments for businesses under Square in October 2025.