Share this article
Bitcoin Miner Bitmain Acquires Data Startup Blocktrail
Bitmain has acquired a bitcoin data and analytics startup Blocktrail for an undisclosed amount.
By Pete Rizzo
Updated Sep 11, 2021, 12:22 p.m. Published Jul 19, 2016, 12:01 p.m.
Bitmain, the operator of one of the bitcoin network’s largest mining pools, has acquired a bitcoin data and analytics startup for an undisclosed amount.
With the acquisition of Blocktrail, announced today, Bitmain will seek to bolster the services it offers at BTC.com, a block explorer and analytics service it launched last September. The acquisition is the latest in what has proved to be a year of consolidation for the industry, which has seen particular activity in the exchange sector.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
This year has so far seen the bitcoin mining chip manufacturer behind the Avalon chip series sold in the industry’s largest public acquisition, while CoinDesk was acquired by bitcoin investment firm Digital Currency Group.
With the news, three full-time Blocktrail employees will join the Bitmain team, including Blocktrail co-founder Boaz Bechar, who voiced his optimism that BTC.com would help his team reach more users.
Bechar told CoinDesk:
"We’ve seen a lot of consolidation going on in the past year, and for us, it was really a perfect match of finding a big player that has a use for all the technology we built."
Bechar said Blocktrail, co-founded by VKontakte co-founder Lev Leviev, would now be increasing its European team "significantly".
"I think BTC.com is going to be strong. We’re going to have a bigger team and bigger resources," Bechar said.
Marbles image via Shutterstock
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Bitcoin Faces Japan Rate Hike: Debunking The Yen Carry Trade Unwind Alarms, Real Risk Elsewhere
Speculators maintain net bullish positions in the yen, limiting scope for sudden JPY strength and mass carry unwind.
What to know:
- Impending BOJ rate hike largely priced in; Japanese bond yields near multi-decade highs.
- Speculators maintain net bullish positions in the yen, limiting scope for sudden yen strength.
- BOJ tightening may contribute to sustained upward pressure on global yields, impacting risk sentiment.
Top Stories
