GoMining has launched GoBTC Pay, enabling businesses to accept Bitcoin payments with automatic conversion options, targeting international clients.
GoMining, a mining enterprise, has launched GoBTC Pay, a new platform that allows businesses to accept Bitcoin payments while providing automatic conversion options to fiat or other cryptocurrencies.
"Almost two decades ago, they advised you to store Bitcoin like gold. Today, that vision has materialized with our GoBTC Pay integration toolkit, featuring on-chain settlement mined by our own network," stated GoMining on social media.
This service is aimed at companies with international clientele, designed to facilitate the use of Bitcoin as a payment method.
“Satoshi created Bitcoin to move value, not to remain dormant in wallets,” emphasized GoMining's CEO.
Enhancing Bitcoin Payment Adoption
GoBTC Pay provides online services and marketplaces the means to accept Bitcoin payments without needing to handle the complexities of cryptocurrency infrastructure.
The platform takes care of transaction processing, settlement activities, and fund conversion, allowing users to receive payments in Bitcoin, stablecoins, or local currencies.
“GoBTC Pay utilizes GoMining's private mempool based on the Stratum V2 protocol, which prioritizes transaction efficiency and aims for an average settlement time of approximately 12 hours,” the company noted.
Expanding GoMining's Ecosystem
This payment service is part of GoMining's broader ecosystem, which has primarily concentrated on mining services until now.
With this launch, GoMining anticipates that Bitcoin will see expanded use cases and more opportunities for participants within its ecosystem.
Competitive Landscape in Crypto Payments
The cryptocurrency payment sector is highly competitive, with both dedicated crypto processing firms and traditional payment providers entering the market to support digital transactions.
GoMining is optimistic that the increasing demand for international transactions and advancements in Bitcoin infrastructure will enhance the appeal of crypto payments for corporate clients.
Notably, in October 2025, Block, founded by Jack Dorsey, introduced a commission-free Bitcoin payment option for businesses through its Square platform.
