GoMining Officially Launches GoBTC Pay for Instant Base-Layer Bitcoin Payments at 0.2% Fees

GoMining launched GoBTC Pay on May 8, 2026, deploying a protocol and reference implementation for native instant Bitcoin payments via 2-of-3 multisig and its top-10 mining pool, targeting 12-hour on-chain settlement by year-end with 0.2% merchant fees split 50/50 between miners and wallets. The story started May 5 with pitches for the GoBTC protocol emphasizing fees undercutting 1.5-3.5% card rates, followed by unveiling at Consensus Miami on May 6 with a dedicated pool producing 2-4 blocks daily. Serving 5 million users, the product aims to enhance Bitcoin utility and miner revenues amid wallet integration and regulatory hurdles.