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Category Archives: Bitcoin

Tencent Disclose Bitcoin Used To Transfer CNY Oversea

Jan 5, 2018

lylian

Even as authorities vigilantly tighten capital controls for capital outflow pressure,  people are getting cleverer and finding new approach to transfer their asset out of China. When ways like buying large amounts of insurance in Hong Kong and exchanging through transnational companies ...

South Korea: Mining Fever Vs Electricity Breakdown

Dec 31, 2017

lylian

Welcome to the New Year! Welcome to the magic world of bitcoin! Remember the opening song as Seven Dwarfs appearing in the Disney's old movie Snow White? “We dig dig dig dig dig dig dig in our mine the whole day through, to dig dig dig dig dig dig dig is what we like to do.” ...

Ebang Release E10 18T Miner With Samsung 10nm Chips

Dec 26, 2017

Red Li

December 20 2017 Hangzhou-Ebang, the NEEQ-listed company based in Hanghzou, release its new bitcoin mining machine, Ebit E9 + + and E10. The DW1228 chips manufactured by Samsung 10nm process could boost E10 hashrate to 18TH / S. Almost one year ago, the Company release its 14nm ...

Xinhua News: Will Hyperbitcoinization Lead To Crisis?

Dec 14, 2017

Red Li

Upon launch of the world’s first bitcoin futures by CBOE, a report on Xinhua News questioned whether the hyperbitcoinization will lead to more profound crisis. Market analyst also said that due to nature of futures trading, if bitcoin bubble burst, only speculators would get burnt but the f...