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  • April 2018

    Bitmain: 5,000 B3 Miner Available In May

    On the afternoon of April 27th, the 2018 Blockchain + Artificial Intelligence summit forum with the theme of “Block Intelligence ” jointly organized by 8btc, Bytom and Bitmain, was held in Hangzhou. Industrial leaders offered in-depth insights on topics around block-chain consensus algorithms, artificial intelligence, AI-driven blockchain and other cutting-edge technologies. Fan Xiaojun, Sales Director […]

    80% of the 21 Million Bitcoins Have Been Mined Into Existence

    This week cryptocurrency miners had processed the 17 million coins across both Bitcoin Cash (BCH) and Bitcoin Core (BTC) networks, marking a great milestone within the history of blockchain technology. Now there are only 4Mn BCH and BTC left to mine but it’s still a very long time away until the very last coins are […]

    New Bytom(BTM) Miner Antminer B3 is coming!

    Antminer B3 for mining BTM will be launched at 11:00 (GMT+8) on 25 April 2018. Parameters: Hashrate: 780H/s Power consumption:360W±7% Price: 17000RMB (about 2699USD) Quantity of Batch 1: 2500 Shipping: 1-10 May 2018 This batch is sold only in mainland China and Bitmain has set a limit of one miner per user again.

    Suspect In Iceland Bitcoin Mining Heist Arrested in Amsterdam

    An Icelandic fugitive suspected in a major theft of Bitcoin mining equipment earlier this year was arrested by Amsterdam police, the Associated Press reported April 23. Stefánsson fled the low-security ‘open prison’ Sogni on April 17 and flew to Sweden. He reportedly used another man’s passport when he boarded a flight at Keflavik International Airport. He had been under detention since the beginning […]

    TSMC Q1 conference call notes crypto revenue, 7nm chips in production

    Taiwan Semiconductor had their 2018 Q1 conference call on April 19th and mentioned a bump in revenue from cryptocurrency chip demand.  The company, as reported by Coindesk, broke sales records in Q1 thanks in part to the increased demand in ASIC chip production.  The company saw a 6% year-over-year increase, stating “[this] result was mainly […]

    Bitcoin Miners Unaffected by Price Decline — Hashrates Spiked Exponentially

    BTC Mining Hashrate Unphazed by ‘Crypto Winter’ There has been a massive decline in fiat value for nearly all cryptocurrencies represented within the digital asset universe during the 2018 ‘Crypto Winter.’ During this time, researchers and pundits have declared that when BTC/USD prices dipped below $8K, mining was allegedly unprofitable in some regions. However, as […]

    Blockchain Industrial Zone In Xinjiang To Host 100,000 Miners

    On April 9th, the Hangzhou Blockchain Industrial Park was officially launched by the Tunlan Investment and local government. Li Xiaolai, who is best known as the first Bitcoin Billionaire China, was the most prominent figure among those who were present. In June 2017, Li Xiaolai once mocked that the funniest idea he heard recently was […]

    Alleged Bitcoin Miner Thief Says Police Held Him ‘Without Evidence’

    The accused mastermind of Iceland’s “Big Bitcoin Heist” says that he was free to travel when he escaped from a low-security prison and flew to Sweden last week. Sindri Thor Stefansson has been accused of spearheading the theft of 600 bitcoin mining computers- hardware worth roughly $2 million – during incidents between December and January. […]

    No, Visa Doesn’t Handle 24,000 TPS and Neither Does Your Pet Blockchain

    When it comes to measuring the speed of new blockchains, the comparison is always with Visa. Despite not being a blockchain, the 24,000 transactions per second Visa reportedly handles have attained mythical status. That figure is unquestioningly trotted out whenever scaling is discussed. In reality, claims of Visa’s throughput, as well as those of emerging […]

    Bitcoin in Brief Friday: Truths, T-Shirts, Things That Matter

    In today’s Bitcoin in Brief we are focusing on some truths that have been uttered recently in regards to the latest attempt by authorities in New York to cross borders, when it comes to crypto controls and regulations. Also, crypto T-shirts, inspired by digital aesthetics, have been put on sale. Do you want to know […]