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Category Archives: News

How The Bitcoin Protocol Works

May 25, 2016

Chalmers Brown

An increasing number of businesses and consumers are now considering bitcoin, a new type of currency that offers a potential global-encompassing digital payment method. With this growing acceptance, it's important to learn the essential components of this platform designed to change how we buy and...

we looked inside a secret chinese bitcoin mine

May 14, 2016

8BTCNews

In China, savvy entrepreneurs are making millions a year by mining bitcoin. Danny Vincent visited one of the world’s biggest facilities of its kind to film the activity and people within. On the edge of a tiny Chinese town is a strange building where you can get an insight into the future ...

Gavin Andresen is Not Giving Up on Bitcoin Classic

May 11, 2016

8BTCNews

During a recent AMA on Chinese Bitcoin community website 8btc, Bitcoin Foundation Chief Scientist Gavin Andresen confirmed that he’s not giving up on Bitcoin Classic and the project intends to proceed with their development plans. Andresen also reiterated his past statements regardin...

China Joins the Blockchain Race With ChinaLedger Alliance

May 2, 2016

8BTCNews

Wanxiang Blockchain Labs, a Shanghai-based nonprofit research institution which hosted the first Global Blockchain Summit in Shanghai, is to lead an alliance of 11 regional commodity exchanges, equity exchanges and financial asset exchanges with the aim of creating "an open source blockchain...

Is China saving Bitcoin, or destroying it?

Mar 21, 2016

8BTCNews

I recently talked with Bobby Lee, CEO of BTCC, China’s first and biggest bitcoin exchange. It would be fair to call Bobby an optimist when it comes to Bitcoin in China and throughout the world. “The great part is that in China, Bitcoin is very popular. There’s a lot of specula...

Bitcoin HongKong Roundtable Consensus

Feb 21, 2016

8BTCNews

On February 21st, 2016, in Hong Kong’s Cyberport, representatives from the bitcoin industry and members of the development community have agreed on the following points: We understand that SegWit continues to be developed actively as a soft-fork and is likely to proceed towards release o...