About

Who runs Bitcoinist

Bitcoinist is an iPhone app for managing real remote Bitcoin mining. It is built and operated by BFM Company Limited, a company registered in Ras Al Khaimah Digital Assets Oasis (RAK DAO), Ras Al Khaimah, United Arab Emirates.

The company

Legal name: BFM Company Limited
Registered in: Ras Al Khaimah Digital Assets Oasis (RAK DAO), Ras Al Khaimah, United Arab Emirates
Registration No.: 01010714
Business licence No.: 07010714 (issued August 6, 2025) — view licence
Registered address: Office A, Ras Al Khaimah Digital Assets Oasis (RAK DAO) Business Centre
RAK BANK ROC Office, Ground Floor, Al Rifaa
Sheikh Mohammed Bin Zayed Road
Ras Al Khaimah, United Arab Emirates

BFM Company Limited received its RAK DAO business licence on August 6, 2025, with the listed activities of proprietary cryptocurrency mining and mining facility operation. The Bitcoinist iOS app opened its public beta in July 2026 and is now available on the App Store. Full operator details are on our Legal Information page.

What we do

We rent remote Bitcoin mining capacity, managed from your iPhone. The hashpower runs on real SHA-256 ASIC hardware hosted in UAE data centres and through verified hashpower partners. In the app you choose where that work is pointed: a Public Pool for steadier payouts or your own Private Pool. Bitcoinist is non-custodial — mined bitcoin is paid to the wallet you control, and we take no commission on it.

Bitcoinist is an infrastructure and education provider, not an investment product. Mining outcomes depend on network difficulty, pool performance, transaction fees and deployed hashpower; nothing on this site guarantees any amount of mined bitcoin. See our Disclaimer for the full statement.

The team

Built by people who have been in Bitcoin since the beginning. Not a crypto company — a Bitcoin company.

Fouad Jamil

CEO

Bitcoin advocate since day one. Leading Bitcoinist with a mission to make mining accessible to everyone.

George Lauroff

CTO

In Bitcoin before it had a price. Building the infrastructure that puts mining in your pocket and power in your hands.

Fred Forsberg

CPO

Bitcoin product veteran. Has led product and design at JAN3, Foundation and more. Speaks Bitcoin natively.

Andrew Most

Senior DevOps

Bitcoin maximalist. Supporting the mining infrastructure and its operation.

Egor Polishko

Senior Backend Dev

Bitcoin builder. Engineering the backend in Rust that powers your mining operation.

Roman Useinov

Solutions Architect

Designing the systems that connect mining infrastructure to your phone.

Get in touch

Questions about the app, your account or mining results? Visit our Contact page or email support@bitcoinist.app.

Bitcoinist (bitcoinist.app) is operated by BFM Company Limited and is not affiliated with, endorsed by or connected to the news website bitcoinist.com.