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  • As part of the launch, GoMining is onboarding an initial set of up to 10 merchants and ecosystem partners.
  • GoBTC Pay settles directly on Bitcoin while protecting user ownership and non-custody.

GoMining is announcing the GoBTC Pay Gen1 SDK and API, allowing merchants, wallet providers, and ecosystem partners to integrate Bitcoin payments into real-world products and services.

The introduction represents the next step of GoBTC Pay, GoMining’s layer 1 Bitcoin payment technology intended to facilitate quick, non-custodial Bitcoin transactions. The Gen1 release changes GoBTC Pay from a restricted demo version into an open infrastructure layer, allowing merchants, wallets, and ecosystem partners to develop and scale Bitcoin payment experiences on top of the network.

As part of the launch, GoMining is onboarding an initial set of up to 10 merchants and ecosystem partners who will begin integrating GoBTC Pay into their products and services. 

“Satoshi didn’t create Bitcoin to sit idle in wallets. It was designed to move value between people,” said Mark Zalan, CEO of GoMining. “With the launch of the GoBTC Pay SDK and API, we’re giving merchants and wallet providers the infrastructure to bring that vision into real-world commerce in a way that is seamless and intuitive for users. We believe Bitcoin’s next chapter will be defined by how people use it, in addition to how many people own it.”

GoBTC Pay settles directly on Bitcoin while protecting user ownership and non-custody. The Gen1 version offers merchant onboarding tools, payment management capabilities, a web-based merchant dashboard, online payment connectors, public developer documentation, and an open API for wallet providers and institutional partners.

GoBTC Pay is powered by GoMining’s private 15EH/s mempool based on Stratum V2 protocol supporting prioritizing of GoBTC Pay transactions. With an estimated 12hrs average settlement window GoBTC Pay is aimed to protect the essential concepts of Bitcoin while delivering debit card-like payment experience. Users keep custody of their BTC, transactions settle immediately on Bitcoin, and businesses enjoy a smooth payment experience without asking consumers to convert their assets into cash.

Its incentive scheme is meant to harmonize the interests of merchants, wallets, and miners. Merchants pay a 0.2% transaction fee, which is distributed equally between participating wallet providers and miners in the GoMining pool that handle payments. GoMining seeks to promote network expansion and boost actual Bitcoin payment activity for routine purchases by directly compensating infrastructure participants who enable transactions.

The launch is the start of a larger ecosystem strategy aimed at promoting merchant, wallet, and partner use of Bitcoin payments. It comes after GoMining introduced GoBTC Pay at Consensus Miami.

GoMining is an all-in-one Bitcoin ecosystem that makes mining, earning, and using Bitcoin every day easy and safe. GoMining maintains data centers in the United States and other countries, services 5 million customers, and is one of the top 10 Bitcoin miners worldwide by hashrate. Through tokenized hashrate and a growing range of payment and earning options, the firm makes Bitcoin accessible.

GoMining created GoBTC Pay, a Bitcoin-native payment protocol that allows quick, non-custodial Bitcoin payments for customers, businesses, and ecosystem partners. GoBTC Pay gives businesses, wallets, and platforms the infrastructure they need to accept and process Bitcoin transactions quickly and affordably. It was designed to enable real-world commerce while upholding the concepts of non-custody and user ownership. GoBTC Pay is creating an open payments ecosystem with partner integrations, developer APIs, and merchant tools to increase the widespread adoption of Bitcoin.

US stocks opened lower on Wednesday as investors booked profits in semiconductor stocks following a record-breaking first half of 2026, while renewed US-Iran tensions and expectations of tighter monetary policy also weighed on sentiment.

The Dow Jones Industrial Average declined 253 points. The S&P 500 slipped 0.46% while the Nasdaq Composite fell 0.68%.

Semiconductor stocks lead declines

Chipmakers came under pressure in trading after posting outsized gains during the first six months of the year.

Micron Technology dropped 7.6%, although the stock remained up 238% year to date.

Sandisk fell 9% after surging more than 650% during the first half of 2026. Nvidia and Broadcom also declined about 3% and 2.2%, respectively.

The pullback follows a historic rally for the semiconductor sector.

The VanEck Semiconductor ETF (SMH) climbed 82% during the first six months of 2026, marking its strongest first-half performance since the fund launched in May 2000.

The broader market also posted solid gains over the same period.

The Dow Jones Industrial Average rose 8.9% for its best first half since 2021, while the S&P 500 gained 9.6% and the Nasdaq advanced 12.8%. The small-cap Russell 2000 jumped nearly 22%, its strongest first-half performance since 1991.

The semiconductor rally played a major role in driving market gains.

During the second quarter alone, gains in Micron, Intel and Advanced Micro Devices added a combined $2 trillion in market capitalization.

Nike fell 1.7% after the sportswear company said its turnaround efforts continued to face challenges in its latest earnings report.

Shutterstock tumbled nearly 28% after terminating its planned merger with Getty Images.

Investors weigh valuation concerns and Fed outlook

Despite the strong performance, some market participants warned that semiconductor stocks may have become stretched after their rapid gains.

Investors are also focused on Federal Reserve Chair Kevin Warsh, who is speaking at the European Central Bank Forum on Central Banking in Sintra, Portugal.

Since taking office in May, Warsh has launched a review of the Fed’s policy framework and communications strategy.

Markets have increasingly priced in at least one interest rate hike before the end of the year as inflation concerns persist.

Recent economic data reinforced that outlook after US job openings climbed to a two-year high in May, suggesting a resilient labor market that could allow the central bank to remain focused on inflation.

Geopolitical tensions add to cautious mood

Investor sentiment was also pressured by renewed uncertainty surrounding the Middle East.

Fresh US-Iran tensions clouded hopes for a diplomatic breakthrough after Tehran said it would not meet with senior US envoys who traveled to the region following renewed hostilities.

Although a source familiar with the discussions and an Iranian official said technical talks were held in Doha, conflicting public statements suggested meaningful progress remained uncertain.

The developments renewed concerns over potential disruptions to global energy markets, contributing to the cautious tone across financial markets.

Beyond Warsh’s remarks, investors will monitor US manufacturing data from the Institute for Supply Management later on Wednesday, followed by the June nonfarm payrolls report on Thursday for further clues on the strength of the US economy and the Federal Reserve’s next policy moves.

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