Press Release -

Press Release


Update: The former forum is available here:


Due to extenuating circumstances Bitcoinist LTD. will no longer be operating
Bitcoinist LTD and GAW Miners LLC had a long term license contract for the domain – on a revenue sharing model basis. There was to be no content control or input for GAW Miners LLC.

As it follows, GAW Miners LLC has been violating our contract by not paying the original lease of the domain that has lead to the loss of the domain.

Bitcoinist LTD. made an unfortunate business decision when we agreed on the domain licensing with GAW Miners LLC, by not following the obvious signs that GAW Miners LLC is in financial trouble. During the development period, we realized our mistake but licensing one of the industries most expensive domains gave us enough inspiration to keep on trying and find a way to make it work.

We spent a large amount time and money on development, advertising and the losing of is a huge disappointment. Regardless, Bitcoinist will continue as a premier Bitcoin news site.

Bitcoinist LTD was negotiating with Josh Garza in late 2014 regarding a share purchase, but the investment company was not able to fulfill all the requirements. Therefor, Bitcoinist LTD remains under the original ownership. Thus, Josh Garza and the investment company have no further relationship or potential ownership with Bitcoinist LTD. According to the current situation Bitcoinist, LTD. is seeking legal advice and take further actions against GAW Miners LLC.

Thank you for your support.
Bitcoinist Team

Norbert Kovacs

Norbert Kovacs

I am a Bitcoin believer, tech geek and entrepreneur. Interested in mining and development, but frustrated about the current market situation on mining hardware.

  • Kieran Donahue

    You sleep with dogs and you get fleas. Ever heard that saying?

  • Close_Observer

    Garza is dog or fleas :P

  • Burstup

    Surprise, surprise.

  • Cyberdexter

    Are you saying you didn’t see this coming?

  • Root Dude

    Garza is the laughingstock of the Crypto community. Everything he touches turns to dust.

  • FICCoin

    Next time, go with a firm which has “Integrity”