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Author Topic: How is mempool.space making money?  (Read 108 times)
Oshosondy (OP)
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May 20, 2024, 11:15:42 AM
 #1

Before the site has a paid accelerator which I do not know if it is even working, I do not know how the site is making money. Or is it my device browser that is blocking the ads because I do not see the site having any ads.

Do not mind my question. I just want to know how some sites makes money without having ads. This may help me if I am building my own website.

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May 20, 2024, 11:28:21 AM
Merited by bitmover (3), yahoo62278 (1)
 #2

Advertising isn't being implemented on their website (you can check out why here[1]). mempool.space does offer Enterprise packages that offer more options for advanced partners[2] so that is one source of revenue (in addition to the newer one that comes from their paid accelerator) and they also have the option for users to sponsor the project as well[3]. Do note that the project isn't made by a company so profitability isn't their main mission:
Quote
It is an open-source project developed and operated for the benefit of the Bitcoin community, with a focus on the emerging transaction fee market that is evolving Bitcoin into a multi-layer ecosystem.
They are, however, a great group of people that are working towards a project - perhaps some of them in their free time - that is free to use and if people find it useful then they are able to contribute in some way.

[1]https://mempool.space/terms-of-service
[2]https://mempool.space/enterprise
[3]https://mempool.space/sponsor

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Aanuoluwatofunmi
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May 20, 2024, 04:00:05 PM
 #3

Before the site has a paid accelerator which I do not know if it is even working, I do not know how the site is making money. Or is it my device browser that is blocking the ads because I do not see the site having any ads.

Do not mind my question. I just want to know how some sites makes money without having ads. This may help me if I am building my own website.

If we should also consider the numbers of clicks on the site each day, i think that alone is something worth generating a traffic for, but on the other hand, i don't even know they once accept for the use of paid accelerating service, lastly, will people see the free one and most reliable accelerating service like viabtc and still mind for the one that charges, though we have preferences to what we want and some don't mind spending out of their sats to achieve their acceleration request.
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May 20, 2024, 04:51:30 PM
Merited by RickDeckard (1)
 #4

Advertising isn't being implemented on their website (you can check out why here[1]). mempool.space does offer Enterprise packages that offer more options for advanced partners[2] so that is one source of revenue (in addition to the newer one that comes from their paid accelerator) and they also have the option for users to sponsor the project as well[3]. Do note that the project isn't made by a company so profitability isn't their main mission:
Quote
It is an open-source project developed and operated for the benefit of the Bitcoin community, with a focus on the emerging transaction fee market that is evolving Bitcoin into a multi-layer ecosystem.
They are, however, a great group of people that are working towards a project - perhaps some of them in their free time - that is free to use and if people find it useful then they are able to contribute in some way.

[1]https://mempool.space/terms-of-service
[2]https://mempool.space/enterprise
[3]https://mempool.space/sponsor

Mempool.space is somewhat new and rapidly became the best and one of the explorers with higher traffic out there, much better than blockchain.com and other competitors. That certainly is worth money  and sponsors know that.

I am happy to see they are making money with enterprise packages and the accelerator. They offer a good service and they are always making improvements in the ui.

They certainly have high development costs and server costs. They need money inflow to keep up the good work

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RickDeckard
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May 20, 2024, 05:05:21 PM
Merited by bitmover (1)
 #5

Mempool.space is somewhat new and rapidly became the best and one of the explorers with higher traffic out there, much better than blockchain.com and other competitors. That certainly is worth money  and sponsors know that.

I am happy to see they are making money with enterprise packages and the accelerator. They offer a good service and they are always making improvements in the ui.

They certainly have high development costs and server costs. They need money inflow to keep up the good work
Indeed they are newish - they first appear around 2019[1] - and they have been growing in size (infrastructure and users) ever since. Bitcoin Magazine made a interview with the two lead maintainers in 2020[2] that I advise anyone to read if there is any interest in knowing the roots of mempool.space. I really liked this reply[3] from Simon regarding one of mempool.space mission:
Quote
But compared to many other Block Explorers  we are at least Open source, we self host and own our server hardware, no Amazon or Google surveillance. You CAN access the website over TOR. You CAN one-click install the whole solution on your Raspberry Pi device and be sovereign.
As long as the core Bitcoin community likes what we are doing, it will be a force that continue to help spreading the word of how to run Bitcoin infrastructure properly.

[1]https://stacker.news/items/48270
[2]https://www.youtube.com/watch?v=Hf0sLxuVbuM
[3]https://stacker.news/items/48270?commentId=48327

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dkbit98
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May 21, 2024, 08:28:08 PM
 #6

Making money for what exactly?
Mempool.space is a free open source project that anyone can fork or run with their own node, they are not selling anything.
I can't find their donation address but I am sure they received donations for their work, and you can find all their sponsors in About page:
https://mempool.space/about

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May 23, 2024, 10:17:38 AM
 #7

Making money for what exactly?
Mempool.space is a free open source project that anyone can fork or run with their own node, they are not selling anything.
I can't find their donation address but I am sure they received donations for their work, and you can find all their sponsors in About page:
https://mempool.space/about

They have a community, enterprise, and whale sponsors they don't need ads anymore, and they will not have a hard time gaining sponsors because their platforms serve the whole community, they did the right thing instead of showing intrusive ads like all the other similar ads.

Everything you need to know about transactions is all here, this is why they are the most preferred block explorer in the community.

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May 25, 2024, 09:25:28 AM
 #8

If I recall correctly, aren't they open-source and that they're like a group of developers, and in terms of upkeep for the website, aren't they being sustained through donations? It's a really good thing that mempool.space has a lot of sponsors because I can't imagine what would happen if there's no references and trackers that will help you figure out how transactions and nodes work or I'm wrong and that they've got other ways to make money besides what RickDeckard mentioned.
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May 25, 2024, 08:32:00 PM
 #9


They have a community, enterprise, and whale sponsors they don't need ads anymore, and they will not have a hard time gaining sponsors because their platforms serve the whole community, they did the right thing instead of showing intrusive ads like all the other similar ads.

Everything you need to know about transactions is all here, this is why they are the most preferred block explorer in the community.

It seems they completely relied on the sponsors and donations for their websites, good thing is they didn't let ads but they can earn a lot if they want to and all they need to do is just show some stupid ads but they seems to be actually working for the community for for the monetary benefits like a conventional website.

https://mempool.space/sponsor
https://mempool.space/enterprise

So if anyone wants to contribute then they can pick whatever they want to.









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May 25, 2024, 11:59:56 PM
 #10

The site is more like on open source contribution on bitcoin community. I check the site and it just depends on sponsors as everybody pointed out. It's also good to note that they are offering API which is very helpful to other companies.

If I recall correctly, aren't they open-source
They are, check their github repo, there's an easy installation of their site there which will tell that its fully open source project.

https://github.com/mempool

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May 26, 2024, 02:23:41 AM
 #11

The site is more like on open source contribution on bitcoin community. I check the site and it just depends on sponsors as everybody pointed out. It's also good to note that they are offering API which is very helpful to other companies.

If I recall correctly, aren't they open-source
They are, check their github repo, there's an easy installation of their site there which will tell that its fully open source project.

https://github.com/mempool
It's a really awesome thing that despite how bad some people paint the Internet, we can never ignore the fact that there are people that would still ignite the spirit of volunteerism, it's one thing to keep a website up and pay with your own money but to do such complex stuff and do it besides your other works that are also taxing to your body and mind is another thing, that's why when I can afford to do it, I always do some donations because I know how hard it is to do this kind of stuff you know.
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