GoMining launches instant Bitcoin checkout through miner pool

GoMining on June 19 launched the Gen1 SDK and API for GoBTC Pay, a checkout system that routes customer Bitcoin transactions through a mining pool operated by the company. The launch opens a technical path for merchants and wallet providers to accept BTC at the point of sale while keeping settlement on the Bitcoin blockchain.

Customer payments are broadcast to GoMining’s dedicated pool, which the product page states will prioritize those transactions for inclusion in mined blocks. Merchants receive confirmation fast enough to complete sales, while final on-chain settlement is handled by the pool and targeted to complete on average within about 12 hours.

The Gen1 release provides SDKs, API documentation, merchant onboarding forms and a wallet/platform request flow. GoMining plans an early controlled rollout with up to 10 merchants and partners; the product page lists thousands of merchants on a waiting list. The public roadmap includes point-of-sale integrations, a merchant dashboard, broader e-commerce support, peer-to-peer payments and fiat off-ramps.

GoBTC Pay charges merchants a 0.2% fee on transactions. GoMining describes the fee as split evenly between miners in the GoBTC pool and the wallet provider that initiates the payment. The product page states users will not pay a direct transaction fee.

The product page outlines a custody model based on a 2-of-3 multisig arrangement involving the user, GoMining as a co-signer, and an independent recovery custodian. GoMining states it cannot move funds unilaterally and that the custodian provides a recovery path if a user loses access. The page does not disclose the custodian’s identity, the detailed recovery procedure, third-party wallet implementation mechanics, outage handling, or how merchants should manage the 12-hour settlement target while accepting sales instantly.

Settlement responsibility is concentrated in GoMining’s pool. Pool governance, transaction selection, block-template control and actual mining performance affect final settlement. Wallets and merchants must weigh integration work, fee sharing and the pool’s operational performance when deciding to use the rail.

Adoption depends on external participation. Wallets must integrate the SDK or API and route customers to the GoBTC rail, and merchants must accept BTC-denominated holdings from checkout sales. If third-party wallets and merchants join and the pool meets settlement targets under real traffic, integration may extend beyond the initial controlled rollout.