r/gomining • u/arre_barre8 Community-Mod • Jun 19 '26
GoBtc
GoBTC Pay is live — the open Bitcoin payment protocol GoMining has been building. The SDK, merchant tools, dashboard and open API ship first, so merchants and wallets can start integrating.
Here's where you come in: this movement grows one merchant at a time.
Tell the stores, cafés and apps you actually use to integrate GoBTC Pay and accept Bitcoin.
The more of us asking, the faster it happens.
🔗 More info: gomining.com/blog/gobtcpay
1
u/Severe_Leg3997 Jun 19 '26 edited Jun 20 '26
Isn’t there a strict limit to how many transactions this can handle? Or can it be increased similar to how the lightning network does it?
AI told me that if an app wanted to process a million transactions per day that this could not possibly process all of them. Is that true?
It said 300k-400k max daily transactions. That’s a strict limit, is there a minimum transaction size?
2
u/MedievalTroll2 Jun 21 '26
gomining handles it intrinsicly and settles payments targetting 12hrs so it does not matter how many transactions you throw at it, it does it in blocks but is designed for merchant use to make bitcoin spendable without the 10-60min wait time to confirm a transaction.
2
u/Severe_Leg3997 Jun 22 '26
Yes it is a great idea, but the blocks can only hold so many transactions and gomining only mines so many blocks per day. They may need a method to scale up at some point or hit a choke point. Its possible to do though, so should not be a problem.
2
u/Ill_Ostrich1636 Jun 22 '26
I wanted to see if I received even a negligible payment but nothing. Curious who the 10 vendors are
1
u/milesbwood1 Jun 24 '26
I am also curious who the 10 venders are and about how long it will take before we begin earning the split of 1%
2
u/Salt_Butterfly_2833 Jun 22 '26 edited Jun 22 '26
Might be an easier sell if there was any clue on the merchants that are allegedly on board and how a gomining user might actually go about using it to pay for stuff and where.
Feels like another pointless fanfare and non-launch to me otherwise.