GoMining Opens Its Bitcoin Payment Rail and Lets Merchants Keep the BTC

GoMining said on June 19, 2026 that the GoBTC Pay Gen1 SDK and API are live. The company is opening a Bitcoin payment rail that merchants and wallet providers can build on directly.

The pitch is simple. When a customer pays, the merchant receives bitcoin, not dollars.

That single design choice puts GoMining on a different track from most crypto checkout flows, where the bitcoin gets swapped to fiat the moment it lands.

Bitcoin sits at the top of CoinGecko’s June 20 market data, ranked first by market capitalization. A payments product built to keep settlement in BTC fits the asset that already leads the market.

Almost two decades ago, they told you to lock it away. To treat Bitcoin like gold that never moves.

But the scripture said cash. Today the prophecy is fulfilled.

GoBTC Pay integration toolkit is live , on-chain settlement, next block, mined by our own network. No… pic.twitter.com/6nfBYAxZ5t

— GoMining (@GoMining) June 19, 2026

Here is what actually shipped.

GoMining said the release includes merchant onboarding tools, payment management, a web-based merchant dashboard, online payment integrations, public developer documentation, and an open API for wallet providers and institutional partners.

GoMining announced GoBTC Pay Gen1 as open Bitcoin payment infrastructure. GoMining said the GoBTC Pay Gen1 SDK and API are live, moving the protocol from a closed demo into open infrastructure.

The release includes merchant onboarding tools, payment management, online payment integrations, public developer documentation, a web-based merchant dashboard, and an open API for wallet providers and institutional partners. The company plans to start with an initial group of up to 10 merchants and ecosystem partners.

GoMining says the protocol is built for instant, non-custodial Bitcoin payments that settle directly on Bitcoin rather than through second layers, wrapped tokens, or forced fiat conversion. The system uses GoMining’s private mempool built on Stratum V2, with a stated target of roughly 12 hours for on-chain settlement.

That makes the rollout a controlled infrastructure test, not proof that Bitcoin payments have suddenly gone mainstream at checkout. The product is still early, because GoMining is talking about a small first group of merchants and partners rather than a broad retail network.

CoinDesk framed GoMining’s launch against Square’s Bitcoin payment direction. CoinDesk reported that GoMining unveiled SDK and API access for GoBTC Pay and is competing with Block’s Square in merchant Bitcoin payments.

The difference is settlement philosophy. Square’s service lets businesses accept BTC through Lightning but converts the payment amount into U.S. dollars by default unless the merchant chooses BTC.

GoMining is pitching the opposite default: the merchant receives bitcoin and handles fiat conversion separately if it wants dollars. CoinDesk also reported the initial 10-merchant recruitment plan, the Stratum V2 mining-protocol design, the approximately 12-hour settlement target, and the 0.2% merchant fee split between wallets and miners.

That comparison gives readers the practical question: whether more merchants actually want direct BTC receipt, or whether most still prefer bitcoin at checkout with dollars on the back end. The Square comparison is useful because both systems can say they support Bitcoin payments while sending merchants to different end states.

Crypto Briefing confirmed the GoBTC Pay integration tools and fee model. Crypto Briefing reported that GoMining opened GoBTC Pay Gen1 to merchants, wallets, and ecosystem partners.

Participants get onboarding tools, payment management, online checkout integrations, developer documentation, a merchant dashboard, and API access. The article said GoMining’s platform uses private 15 EH/s mempool infrastructure and Stratum V2 technology to prioritize settlement.

It also reported the roughly 12-hour settlement period and the 0.2% transaction fee. That fee is split equally between wallet providers and miners processing settlements, creating an incentive model for infrastructure participants rather than a pure processor take-rate.

The useful takeaway is that GoBTC Pay is trying to connect Bitcoin payments, wallets, and mining economics in one package. The technical detail matters because GoMining is using its mining infrastructure as part of the payment product rather than only as a background business line.

⚡ @GoMining is taking on @Square's vision for Bitcoin payments.

The company launched the GoBTC Pay SDK & API, opening its Bitcoin payment infra to merchants, wallets & ecosystem partners.

– 15 EH/s mining network
– Bitcoin settlement
– 0.2% merch feeshttps://t.co/P033RDxA0O

— Blockster (@BlocksterCom) June 19, 2026

The honest read is that GoBTC Pay is open infrastructure now, with the network still early.

An open API and a working SDK give developers something to integrate. A handful of merchants still leaves the payment rail in its first adoption test.

The model has to attract wallet providers and real volume before it proves anything.

Still, the idea is the right one for a Bitcoin-first audience. If you believe BTC is the asset worth holding, a payment system that lets sellers keep it instead of dumping it for dollars is the version that respects the thesis.

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