{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"The Good Tech Companies ","title":"GoMining CEO Mark Zalan on GoBTC Pay, 0.2% Merchant Fees and Bitcoin's Spending Problem","html":"<iframe width=\"100%\" height=\"180\" frameborder=\"no\" scrolling=\"no\" seamless src=\"https://share.transistor.fm/e/1ba6ccaf\"></iframe>","width":"100%","height":180,"duration":836,"description":"\n        This story was originally published on HackerNoon at: https://hackernoon.com/gomining-ceo-mark-zalan-on-gobtc-pay-02percent-merchant-fees-and-bitcoins-spending-problem.\nGoMining CEO Mark Zalan on GoBTC Pay, 0.2% merchant fees, mining as payments infrastructure and why Bitcoin still loses the checkout to stablecoins.\nCheck more stories related to undefined at: https://hackernoon.com/c/undefined.\n            You can also check exclusive content about #gomining, #mark-zalan, #gobtc, #bitcoin, #good-company, #defi, #blockchain, #cryptocurrency,  and more.\nThis story was written by: @ishanpandey. Learn more about this writer by checking @ishanpandey's about page,\n            and for more stories, please visit hackernoon.com.\nGoMining, a Bitcoin miner running roughly 15 EH/s and claiming more than five million users, has launched GoBTC Pay, a Layer 1 payment protocol that charges merchants 0.2% and splits that fee evenly between the wallet that brought the customer and the miners that confirm the transaction.\n\nThe merchant pitch is genuine against cards, where the United States average credit card interchange rate sits at about 2.35%, and considerably weaker against Square, which auto enabled native Bitcoin acceptance for millions of United States sellers in March 2026 at zero processing fees through 2026.\n\nThe product delivers instant authorization, not instant settlement. GoMining targets an average on chain settlement of about twelve hours using its own Stratum V2 mempool, which means GoMining, not the merchant, carries the exposure in between.\n\nCEO Mark Zalan argues that payments make mining more valuable because transaction activity becomes a larger share of miner economics. The current data points the other way. Transaction fees fell to 0.69% of Bitcoin miner revenue in August 2026, a ten year low, after bottoming at 0.52% in April.\n\nThe arithmetic is unforgiving. Half of a 0.2% fee on a five dollar coffee pays miners half a cent, while replacing today's...","thumbnail_url":"https://img.transistorcdn.com/HZ9CRzf5js9DK86xzUVMWBRbXYwg4dA8xVXJGVzpL6Y/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS8xMTNl/MjgwMmI0ZmEzNThj/YmJiOWNiN2UyZmRm/MzY3My5qcGVn.webp","thumbnail_width":300,"thumbnail_height":300}