{
  "id": 884694,
  "title": "GoMining CEO Mark Zalan on GoBTC Pay, 0.2% Merchant Fees and Bitcoin's Spending Problem",
  "url": "https://urgent.news/2026/08/14/gomining-ceo-mark-zalan-on-gobtc-pay-0-2-merchant-fees-and-bitcoins",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-14T15:31:51.000Z",
  "source": {
    "name": "HackerNoon",
    "slug": "hackernoon",
    "url": "https://hackernoon.com/gomining-ceo-mark-zalan-on-gobtc-pay-02percent-merchant-fees-and-bitcoins-spending-problem?source=rss"
  },
  "original_language": "en",
  "account": "Bitcoin's design for peer-to-peer electronic cash debuted over a decade ago, yet the conditions for its practical implementation had yet to materialize. As of early August 2026, the network's average fee stood at a mere thirty-six cents, coinciding with the most affordable block space in recent memory. Nevertheless, the issue of effective Bitcoin utilization persisted due to a deficiency in a seamless payment infrastructure. GoMining, a pioneering entity, is addressing this gap from an unconventional vantage point. Founded in 2021, the company initially focused on digitizing mining capabilities, rendering them accessible to all through audited data centers. This early success led to the expansion of GoMining's ecosystem, incorporating a wallet, yield products, physical cards, and most notably, GoBTC Pay. This innovative payment protocol enables merchants to process transactions with a mere 0.2% fee, directly facilitating payments on Bitcoin's base layer through GoMining's dominant 15 EH/s Stratum V2 mempool. The pricing model is equitable, with half of the transaction fees allocated to wallet institutions and the other half to miners confirming the transactions. A two-of-three multisignature arrangement safeguards user funds, eliminating the necessity to entrust intermediaries for transactions. This strategic pivot, informed by the understanding that Bitcoin's true potential lies in its widespread application beyond mining, positions GoMining as a singular operator equipped to construct a consumer payment protocol atop its own mining infrastructure.",
  "summary": "GoMining CEO Mark Zalan on GoBTC Pay, 0.2% merchant fees, mining as payments infrastructure and why Bitcoin still loses the checkout to stablecoins.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}