GoMining has released the first-generation software development kit (SDK) and application programming interface (API) for its GoBTC Pay protocol. Announced on June 19, 2026, this update opens the system to merchants, digital wallet providers, and ecosystem partners, enabling them to integrate direct Bitcoin payments into their platforms and services.
GoMining, a Bitcoin mining company with millions of users and substantial global hash rate capacity, developed GoBTC Pay as a layer-1 protocol built directly on Bitcoin’s base layer.
Unlike solutions that rely on second-layer networks, custodians, or automatic conversions to fiat currency, this system delivers instant payment authorization for users while ensuring final settlement occurs on-chain in Bitcoin itself—typically averaging around 12 hours.
Transactions are prioritized through GoMining’s private mining infrastructure and advanced protocols, allowing merchants to receive confirmation quickly without intermediaries holding funds.
The Gen1 release transforms what was previously an internal demonstration into fully accessible infrastructure.
It includes merchant onboarding tools, payment management features, a web-based merchant dashboard, online checkout integrations, public developer documentation, and an open API designed for wallet providers and institutional partners.
At launch, GoMining will work with an initial group of up to 10 merchants and collaborators, though thousands more have already expressed interest through a waiting list.
A standout aspect of the protocol is its non-custodial design. Customers retain full ownership and control of their Bitcoin at every stage.
They simply authorize the payment from their own wallet, receive immediate approval confirmation, and the transaction settles directly on the Bitcoin blockchain.
Merchants receive Bitcoin directly into their chosen wallets, giving them the option to hold it as treasury or use it as they see fit.
The economic model further supports adoption by aligning incentives across participants.
Merchants pay a 0.2% fee per transaction—far below the 1.5–3.5% range common with traditional card processors.
This fee is split evenly: half supports the wallet provider facilitating the payment, and half goes to the miners processing the settlement. No additional fees are charged to users, keeping the experience seamless and cost-effective.
GoMining CEO Mark Zalan emphasized the alignment with Bitcoin’s original purpose as peer-to-peer electronic cash.
The new tools provide the infrastructure needed to bring that vision into real-world commerce in an intuitive way for both businesses and customers.
This development positions GoMining to compete directly with established payment systems by leveraging its mining operations for reliable, low-cost on-chain settlements.
It represents a foundational step in expanding Bitcoin’s utility beyond holding value to active use in daily transactions.
As integration progresses, the company plans further enhancements, including broader wallet support and additional commerce tools throughout 2026 and beyond. The Gen1 launch now encourages developers and businesses to begin building on the open protocol, potentially accelerating Bitcoin’s (BTC) role as a functional and reliable medium of exchange.
