Please read this before using Bitcoinist. It explains what the service is and is not, why results cannot be guaranteed, and the status of the company that operates it.

1. What Bitcoinist Is

Bitcoinist is a hashrate-rental and mining-operations service. The app gives you software access to remote SHA-256 mining capacity and lets you configure where that mining work is pointed (a Public Pool or your own Private Pool). It is comparable to technical hosting, compute rental and mining-operations software.

Bitcoinist is not an investment product, income product, yield product, savings product, fund, collective investment scheme, managed account, custodial wallet, exchange or payment service. Public Pool and Private Pool are operational mining modes, not partnerships, joint ventures or profit-sharing programmes.

2. No Guaranteed Results

Block discovery, rewards, payouts and profitability are not guaranteed. Any bitcoin outcome depends on Bitcoin proof-of-work, network difficulty, transaction fees, mempool conditions, pool rules and performance, your configuration, third-party infrastructure and market conditions — not on any promise by the Company.

Estimates, calculators, examples, projections, screenshots and in-app figures are operational and educational only. Bitcoin output is not guaranteed, mining results and block timing vary, and past results do not predict future results. Automatic settlement does not guarantee immediate broadcast or blockchain confirmation.

3. Diamonds Are Not Money

Diamonds are closed-loop in-app points usable only inside the app. They have no cash value, cannot be withdrawn, transferred outside the app, sold, exchanged or redeemed for Bitcoin, sats, fiat currency or any other asset, and are not a balance, deposit, stored value or investment. Diamond purchases are not currently available.

4. No Investment Advice

Nothing on this website, in the app, in our App Store listing, advertising, creator or community content, support communications or educational materials (including the Bitcoin Academy) constitutes investment, financial, legal, tax, accounting, mining-profitability or regulatory advice, or a recommendation, offer or solicitation to buy, sell or hold any asset. Make your own decisions and seek independent professional advice where appropriate.

5. Non-Custodial; No Recovery

Bitcoinist is non-custodial. The Company does not hold, receive, transmit, exchange, lend or manage user bitcoin and has no internal wallet or platform balance. Mined bitcoin is settled to the wallet address you configure. You are solely responsible for that address and your keys; the Company cannot recover wallets, keys or seed phrases, and cannot reverse Bitcoin transactions.

6. Regulatory Status

Bitcoinist is operated by 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, with the listed activities of proprietary cryptocurrency mining and mining facility operation).

We are not registered or authorised by the UK Financial Conduct Authority (FCA) or the U.S. Securities and Exchange Commission (SEC). The service is technical hashrate rental and mining-operations software, not a regulated financial product. Laws affecting mining and digital assets vary by country and may change; we may restrict or refuse service where required for compliance. Full operator details are on the Legal Information page.

7. Not Connected to Similarly Named Companies

Bitcoinist (bitcoinist.app) is operated by BFM Company Limited and is not affiliated with, endorsed by or connected to the news website bitcoinist.com. Bitcoinist is also not affiliated with Apple Inc., any mining pool operator or any hashpower provider referenced in the app. All third-party names, logos and trademarks are the property of their respective owners and are used for identification only.

8. Relationship to Our Terms

This page summarises disclaimers that are set out in full in our Terms & Conditions (in particular sections 3A, 5, 7, 8 and 25) and our Privacy Policy. If anything here differs from those documents, the Terms & Conditions and Privacy Policy control. Questions: support@bitcoinist.app.