Deleted | Bitcointalksearch.org

kingcolex

sr. member

Activity: 254

Merit: 1258

Quote from: isvicre on July 20, 2016, 08:24:50 AM

Quote from: GermanGiant on July 20, 2016, 07:13:10 AM

Quote from: ?? on ??

Quote from: GermanGiant on July 20, 2016, 07:02:08 AM

Their official announcement is here: https://blog.blocktrail.com/2016/07/blocktrail-is-now-a-part-of-the-bitmain-family/

But, I dont understand why BTC.com bought it! They already had a running block explorer.

Money. I don't think Blocktrail gives a shit to what Bitmain does with it now, I am sure they all made a nice profit.

Money for Blocktrail. But, how does it help BTC.com aka BitmainTech ? Why did Jihan spend money on it is question to me.

Well I don't know the specifics but companies usually y reduce their tax by reducing their profit. Investments that seem on the face of it to not be logical could be for this kind of reason. Time will tell if they have other plans.

That is how it works in the US but is China the same?

Shiroslullaby

sr. member

Activity: 434

Merit: 250

They are probably trying to expand their brand.
And yeah I doubt it cost them much since what kind of profit would the website really have.
Didn't it have literally zero advertisements? The revenue would have been zero then.
Expect to see Bitmain advertising/ branding on the site or something to help them cover their operating costs.

Gwapo

full member

Activity: 234

Merit: 100

Quote from: pereira4 on July 20, 2016, 07:17:31 AM

I would like to use blocktrail but I have become way too used to blockchain.info's nice layout... I would like that they fix the onion url those because I always get those annoying "out of quota" or something errors.

Stop using onion's address for browsing blockchain.info and accessing its wallet. In this way your wallet identifier will get traced by one of the exit nodes. Then they will start their own brute-forcing to get back into your account.

Quote from: ?? on ??

Money. I don't think Blocktrail gives a shit to what Bitmain does with it now, I am sure they all made a nice profit.

No. Blockchain is a free and independent explorer and they didn't have any profit whatsoever in those years.
That's why "maybe" they are either leasing out their brand to Bitmain for some yearly income or sold them directly for a large sum.

Upcoming years will reveal what the actual intention was. As I know very well, they (Bitmain) already had their own blockchain previously.

isvicre

hero member

Activity: 826

Merit: 1000

Quote from: GermanGiant on July 20, 2016, 07:13:10 AM

Quote from: ?? on ??

Quote from: GermanGiant on July 20, 2016, 07:02:08 AM

Their official announcement is here: https://blog.blocktrail.com/2016/07/blocktrail-is-now-a-part-of-the-bitmain-family/

But, I dont understand why BTC.com bought it! They already had a running block explorer.

Money. I don't think Blocktrail gives a shit to what Bitmain does with it now, I am sure they all made a nice profit.

Money for Blocktrail. But, how does it help BTC.com aka BitmainTech ? Why did Jihan spend money on it is question to me.

Well I don't know the specifics but companies usually y reduce their tax by reducing their profit. Investments that seem on the face of it to not be logical could be for this kind of reason. Time will tell if they have other plans.

~BitSy~

member

Activity: 118

Merit: 100

Even though they stated their going to improve after their recent acquisition, I think it will go the other way because that's what happening with all other brands being bought by others in the past, I know the fields are very different but just saying. Not sure how much profits were earned by Blocktrail over the years but surely it was worth Bitmain to acquire it after all because these kinds of move is all about money and at the end of the day it's just business. Anyone knows how much it cost them to acquire?

cryptodevil

legendary

Activity: 2240

Merit: 1254

Thread-puller extraordinaire

Quote from: GermanGiant on July 20, 2016, 07:13:10 AM

Money for Blocktrail. But, how does it help BTC.com aka BitmainTech ? Why did Jihan spend money on it is question to me.

^^^ Warning!
This user is simply a shill account for the
'cloud mining' ponzi scam he promotes in
his signature.

Those are some unusual colours for BTC.com, are they Blocktrail's usual style or perhaps they have a new branding planned for it?

pereira4

legendary

Activity: 1610

Merit: 1183

I would like to use blocktrail but I have become way too used to blockchain.info's nice layout... I would like that they fix the onion url those because I always get those annoying "out of quota" or something errors.

GermanGiant

hero member

Activity: 784

Merit: 501

Quote from: ?? on ??

Quote from: GermanGiant on July 20, 2016, 07:02:08 AM

Their official announcement is here: https://blog.blocktrail.com/2016/07/blocktrail-is-now-a-part-of-the-bitmain-family/

But, I dont understand why BTC.com bought it! They already had a running block explorer.

Money. I don't think Blocktrail gives a shit to what Bitmain does with it now, I am sure they all made a nice profit.

Money for Blocktrail. But, how does it help BTC.com aka BitmainTech ? Why did Jihan spend money on it is question to me.

ranochigo

legendary

Activity: 3038

Merit: 4418

Crypto Swap Exchange

Quote from: Xester on July 20, 2016, 07:03:08 AM

This may bring positive things and positive feedbacks to bit main. This may entail or mean faster and efficient transactions coming from bitmain. Hope they will not disappoint us and they will provide much better services as they promised.

No, getting a popular block explorer will not do anything to the pool.

Blocktrail is quite a popular block explorer with a nice UI and lots of information. It's acquisition would probably promote bitmain as a company and the block explorer and wallet is really nice too.

Xester

hero member

Activity: 994

Merit: 544

Quote from: kingcolex on July 20, 2016, 06:59:40 AM

I received an email this morning announcing the acquisition it read :
Dear Bitmain user,

We are pleased to inform you that Bitmain has acquired Amsterdam-based Blocktrail B.V., the company behind the Blocktrail bitcoin wallet.

In addition to the popular bitcoin wallet, Blocktrail is well known in the bitcoin space for its developers API and its block explorer. As part of the acquisition, Blocktrail's products, services and team will gradually be merged into BTC.com

With this acquisition, we will continue providing even better products and services to users of Bitmain and all its businesses.

Thank you for your continuous support.

Sincerely,

The Bitmain team

Blocktrail - BTC.com

"

The biggest part was the BTC.COM

I think that is why they bought it and they will start to push everything to BTC.com

This may bring positive things and positive feedbacks to bit main. This may entail or mean faster and efficient transactions coming from bitmain. Hope they will not disappoint us and they will provide much better services as they promised.

GermanGiant

hero member

Activity: 784

Merit: 501

Their official announcement is here: https://blog.blocktrail.com/2016/07/blocktrail-is-now-a-part-of-the-bitmain-family/

But, I dont understand why BTC.com bought it! They already had a running block explorer.

kingcolex

sr. member

Activity: 254

Merit: 1258

.

Topic: Deleted (Read 649 times)