Gomining Launches GoBTC Protocol for Bitcoin Layer-1 Payments with 0.2% Merchant Fee

According to Bitcoin.com News, Gomining has rolled out GoBTC, a protocol enabling users to pay directly with bitcoin on Layer-1. The solution features a 0.2% merchant fee, instant retail approval, and final on-chain settlement within 12 hours, utilizing a 2-of-3 multi-signature scheme split between the user, Gomining, and a regulated recovery custodian.

Gomining founder and chairman Kirill Solovev told Bitcoin.com News that bitcoin mining trades at a steep discount relative to the asset itself and should refocus on payment infrastructure rather than pivot to AI. "If Bitcoin develops as a means of payment, facilitating those payments turns into a full-fledged business," Solovev said, adding that miners should continue building infrastructure to service payment flows as the network transitions toward transaction fees.