Due to extenuating circumstances Bitcoinist LTD. volition no longer endure operating BTC.com.
Bitcoinist LTD together with GAW Miners LLC had a long term license contract for the domain BTC.com – on a revenue sharing model basis. There was to endure no content command or input for GAW Miners LLC.
As it follows, GAW Miners LLC has been violating our contract yesteryear non paying the master copy lease of the domain that has Pb to the loss of the domain.
Bitcoinist LTD. made an unfortunate problem organisation conclusion when nosotros agreed on the domain licensing alongside GAW Miners LLC, yesteryear non next the obvious signs that GAW Miners LLC is inward fiscal trouble. During the evolution period, nosotros realized our error but licensing 1 of the industries nearly expensive domains gave us plenty inspiration to hold on trying together with discovery a agency to larn inward work.
We spent a large sum fourth dimension together with money on development, advertising together with the losing of BTC.com is a huge disappointment. Regardless, Bitcoinist volition decease along equally a premier Bitcoin tidings site.
Bitcoinist LTD was negotiating alongside Josh Garza inward belatedly 2014 regarding a part purchase, but the investment fellowship was non able to fulfill all the requirements. Therefor, Bitcoinist LTD remains nether the master copy ownership. Thus, Josh Garza together with the investment fellowship direct hold no farther human relationship or potential ownership alongside Bitcoinist LTD. According to the electrical current province of affairs Bitcoinist, LTD. is seeking legal advice together with direct hold farther actions against GAW Miners LLC.