GoMining launches GoBTC Pay: a new standard for Bitcoin network payments for businesses
Mining company GoMining has launched the GoBTC Pay payment service, aimed at simplifying bitcoin acceptance for businesses. The platform offers automatic conversion of incoming payments into fiat currencies or stablecoins, significantly lowering the entry barrier for companies working with international clients.
This is not just another crypto wallet, but a full-fledged tool for commerce. GoBTC Pay handles transaction processing, settlements, and infrastructure management, allowing marketplaces and online services to accept BTC without needing to maintain their own team of crypto experts. Users can choose the format for receiving revenue — in bitcoin, stablecoins, or national currencies.
Technological foundation and settlement speed
The key advantage of GoBTC Pay is the use of GoMining's private mempool based on the Stratum V2 protocol. This prioritizes the service's transactions and ensures an average settlement window of about 12 hours. Such speed for on-chain settlements on the bitcoin network is a significant step forward compared to traditional methods.
As the company stated: "Satoshi created bitcoin not for it to just sit idle in wallets. It was designed to move value between people." This message reflects GoMining's strategy: to transform the first cryptocurrency from a speculative asset into a working payment instrument.
Competitive landscape and prospects
The crypto payment market today is a field of fierce competition. On one side, specialized processing companies; on the other, traditional giants like Jack Dorsey's Block, which launched zero-fee BTC payments for businesses via Square in October 2025. GoMining enters this niche with its own mining power, providing a unique advantage: the company can control the entire chain — from block mining to final settlement.
The integration of GoBTC Pay into the GoMining ecosystem opens new use cases for participants. The company is betting on growing interest in international settlements and the development of bitcoin infrastructure, which, in my opinion, is absolutely correct. While bitcoin is perceived as "digital gold," its real potential for use in commerce remains underestimated.
My expert opinion: The launch of GoBTC Pay is not just another payment service, but an important step toward legitimizing bitcoin as a means of settlement in the B2B segment. The proprietary mempool and priority transaction processing make this product technologically mature. However, success will depend on the speed of integration with major merchants and the fee levels — here, competition with Square and similar solutions promises to be fierce.