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Today β€” 23 July 2026Bitcoin Magazine

Bitcoinist.App Brings Private Mining Pools to iOS

23 July 2026 at 17:28

Bitcoin Magazine

Bitcoinist.App Brings Private Mining Pools to iOS

RAS AL KHAIMAH, UAE, July 23, 2026: BFM Company Limited today introduced Bitcoinist.App, a non-custodial Bitcoin mining app and Learn-to-Mine platform released exclusively for iOS. Available from the Apple App Store, Bitcoinist.App gives people a simple way to learn how Bitcoin mining works, access real hashpower, create private Bitcoin mining pools, and receive payouts directly to a wallet they control. Onboarding uses Sign in with Apple, and users can begin from an iPhone without buying mining hardware or entering payment information.

Most people will never run a miner at home. In some regions, particularly parts of the developing world, high room temperatures can cause mining equipment to overheat, while the electricity needed to run air conditioning around the clock can make home mining prohibitively expensive. Noise and the miner’s own continuous power draw add to the barrier. In many parts of the world, people access the internet primarily through mobile data on a phone, without a practical wired connection for dedicated mining equipment. A physical miner also needs a stable network connection. Bitcoinist.App lowers those barriers with a simple iOS interface for learning about Bitcoin and directing real, remotely hosted hashpower through three modes:

  • Learn and unlock. The built-in Bitcoin Academy offers a 31-lesson video curriculum that explains Bitcoin and mining in practical terms. Educational videos and optional rewarded ads can unlock free mining rental time, so users can start mining from day one without a purchase.
  • Rent or connect. Paid access is offered through an in-app subscription. Users can access hashpower in 1 TH/s increments from miners hosted in UAE data centers and third-party facilities, or from capacity supplied through third-party hashpower marketplaces. Mining does not run on the iPhone. The app is a simple control layer for real hashpower, and pricing is published in the app. Support for connecting user-owned hardware, including home miners like the Bitaxe, is planned.
  • Route and pool. Users can create a private mining pool, invite friends and family to combine hashpower, and compete with the global hashrate. They can also mine solo or route miners to the Ocean pool for steadier payouts.

Bitcoinist.App is strictly non-custodial. There is no internal wallet or platform balance. Users choose an external self-custody wallet for payouts; mined bitcoin is sent to that address rather than held inside the app. Bitcoinist.App does not hold user private keys or mined funds.

Bitcoinist.App provides mining infrastructure and education, not a yield product, investment scheme, or custodial wallet. An in-app subscription or ad-supported access provides mining time, not bitcoin and not a promised return. Mining outcomes depend on network difficulty, pool performance, transaction fees, and deployed hashpower. Some hosting and hashpower capacity comes from third parties, so availability and performance can vary by provider. Nothing in this release guarantees any amount of mined bitcoin.

β€œWe designed Bitcoinist.App to orange pill the masses through mining and education,” said Fouad Jamil, Founder and CEO of Bitcoinist.App. β€œPeople can begin with a phone, learn what Bitcoin mining actually does, direct real hashpower, and receive every sat in a wallet they control. We are not mining for users and we never custody their bitcoin. We provide the infrastructure and tools; users decide where their hashpower goes.”

Bitcoinist.App is operated by BFM Company Limited, registered in RAK DAO, Ras Al Khaimah, UAE (Bitcoin Mining license No. 07010714), with mining infrastructure in UAE data centers and third-party mining facilities around the world. Additional capacity may be supplied through third-party hashpower marketplaces. Availability is subject to regional eligibility.

Download the app

Bitcoinist.App is now publicly available exclusively on iOS. Users can download the app from the Apple App Store.

About Bitcoinist.App

Bitcoinist.App is a Bitcoin-only, non-custodial mining app and education platform available exclusively on iOS. Designed for ease of use, it lets people learn about Bitcoin, unlock free mining rental time through educational videos and optional rewarded ads, or choose an in-app subscription for ongoing access to real hashpower. Users can create private mining pools with friends and family, compete with the global Bitcoin hashrate, or route miners to Ocean, while payouts go directly to self-custody. Mining does not run on the iPhone. Bitcoinist.App is operated by BFM Company Limited (RAK DAO, Ras Al Khaimah, UAE). The official website is bitcoinist.app. Follow Bitcoinist.App on X, Telegram, YouTube, Facebook, and Instagram.

Press contact

pr@bitcoinist.app

Press kit

bitcoinist.app/bitcoinist_presskit.zip


Disclaimer: This is a sponsored press release. Readers are encouraged to perform their own due diligence before acting on any information presented in this article.

This post Bitcoinist.App Brings Private Mining Pools to iOS first appeared on Bitcoin Magazine and is written by Bitcoin Magazine.

Before yesterdayBitcoin Magazine

VerifiedX and BitGo Sign MOU to Deliver Qualified Custody for vBTC, Expanding Institutional Access to Native Bitcoin Utility, and with Immediate Support for Non-Synthetic Canonical on Base

15 July 2026 at 10:30

Bitcoin Magazine

VerifiedX and BitGo Sign MOU to Deliver Qualified Custody for vBTC, Expanding Institutional Access to Native Bitcoin Utility, and with Immediate Support for Non-Synthetic Canonical on Base

VerifiedX today announced the signing of a Memorandum of Understanding (MOU) with BitGo to provide qualified custody support for vBTC, with immediate support for vBTC.b, the non-synthetic canonical Bitcoin asset issued through the VerifiedX Network and deployed on Base. The partnership represents a significant milestone in bringing institutional-grade custody, compliance, and security standards to programmable Bitcoin while preserving direct redemption to native Bitcoin.

Under the agreement, institutions, asset managers, family offices, corporations, and professional allocators will be able to custody vBTC upon final integration and can now immediately custody vBTC.b through BitGo’s qualified custody infrastructure while accessing the utility of Bitcoin across decentralized finance, payments, collateralization, treasury operations, and on-chain vaulting with recovery features.

Unlike traditional wrapped Bitcoin products, vBTC.b is designed as a fully collateralized non-synthetic on-chain and consensus embedded Bitcoin token with native redemption built directly into the asset architecture without any counterparty or federation reliance. Holders can redeem directly back to Bitcoin without requiring the asset to first be unwound back through the VerifiedX network, creating a seamless institutional experience across Base and Bitcoin liquidity ecosystems.

β€œInstitutions have consistently told us they want two things: qualified custody and non-synthetic productive Bitcoin,” said Jay Pollak, Head of Strategy at the VerifiedX Foundation. β€œThis partnership delivers both. With BitGo’s best-in-class institutional custody infrastructure and vBTC.b’s native Bitcoin redemption model, allocators can maintain institutional-grade security while activating their Bitcoin across a growing ecosystem of applications and opportunities.”

Institutional Bitcoin Without Synthetic Risk

As Bitcoin continues to mature as a treasury and reserve asset, institutions increasingly seek ways to generate utility from their holdings without sacrificing security, transparency, or redemption certainty.

vBTC.b addresses these requirements through a framework that combines:

  • Native Bitcoin
  • Direct Bitcoin redemption
  • Qualified custody support
  • Institutional-grade compliance tooling
  • On-chain transparency
  • Self-custodial programmability
  • Cross-ecosystem interoperability

The result is an asset that enables institutions to move beyond passive Bitcoin ownership and participate in productive and programmable financial infrastructure while maintaining real native ownership to the underlying Bitcoin asset.

Activating Bitcoin Capital

Through vBTC.b, institutions can utilize Bitcoin across a broad range of applications including:

  • Curated institutional yield vaults
  • Bitcoin-backed lending and borrowing
  • Treasury optimization
  • Digital collateral management
  • Settlement infrastructure
  • Automated payment workflows
  • Agentic and AI-powered financial systems
  • Cross-chain liquidity deployment
  • Bitcoin-native commerce and payments

Because vBTC.b remains redeemable to Bitcoin at the protocol level, institutions can maintain confidence that utility does not come at the expense of redemption rights or trade-offs, while reducing counterparty risks and smart contract vulnerabilities, and eliminating rehypothecation at the protocol level.

Security and Compliance First

The partnership combines VerifiedX’s programmable Bitcoin infrastructure with BitGo’s industry-leading custody platform.

BitGo currently safeguards more than $49 billion in Bitcoin under custody, with an overall estimate of digital asset custody levels exceeding $100 billion during peak periods, making it one of the largest digital asset custodians globally. The company provides regulated qualified custody services, institutional security controls, cold storage infrastructure, and insurance protections utilized by some of the world’s largest digital asset participants.

VerifiedX complements this foundation through integrated compliance tooling, transaction monitoring capabilities, auditability features, and institutional controls designed to satisfy modern operational and regulatory requirements.

Building the Financial Operating System for Bitcoin

The BitGo relationship represents another step in VerifiedX’s mission to build the financial operating system for Bitcoin and intelligent assets.

Through the VerifiedX ecosystem, Bitcoin can be transformed from a passive store of value into a programmable financial asset capable of supporting payments, lending, settlement, collateralization, tokenization, AI-driven automation, and next-generation financial infrastructure.

As institutions increasingly seek secure native plumbing to deploy Bitcoin capital, the combination of BitGo qualified custody and vBTC.b provides a framework designed to meet institutional standards without sacrificing Bitcoin’s core principles of ownership, redemption, and utility.

Additional details regarding custody availability, onboarding, and supported institutional products will be announced as the partnership progresses.

About VerifiedX

VerifiedX is a financial operating system for Bitcoin and intelligent assets, enabling self-custodial ownership, instant settlement, programmable finance, native Bitcoin utility, and agentic financial infrastructure. Through products including vBTC, BFLY, and PulseXAI, VerifiedX connects institutions, users, and autonomous systems through a unified blockchain ecosystem framework.

Its ecosystem includes:

  • vBTC & vBTC.b (BTC)
  • BFLY payments and click to earn infrastructure
  • SwitchBlade wallet technology
  • PulseXAI generative and tokenized intelligenceΒ 
  • Institutional settlement architecture
  • Privacy-enabled transactions and programmable assets
  • Canonical interoperability systems

Β Further VerifiedX Inquiries:

Website: https://verifiedx.io/

Discord: https://discord.gg/7cd5ebDQCj

Twitter (X)): https://twitter.com/vfxblockchain

Github: https://github.com/verifiedxblockchain

Email: info@verifiedx.io

PulseXAI and BFLY are trademarks of VerifiedX. Copyright 2026 VerifiedX. All rights reserved.

This post VerifiedX and BitGo Sign MOU to Deliver Qualified Custody for vBTC, Expanding Institutional Access to Native Bitcoin Utility, and with Immediate Support for Non-Synthetic Canonical on Base first appeared on Bitcoin Magazine and is written by Bitcoin Magazine.

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