China’s Bitcoin Social Media Site 8BTC Launches MATPool
September 11, 2018 – 8BTC, China’s oldest bitcoin social media site, launched its first mining product, MATPool, in Hangzhou.
The mining pool currently provides services for Bytom (BTM) mining and B3 miners. More cryptocurrencies mining and mining hardware will be available later.
MATPool offered no-fee mining service from this day to December 11, 2018. Users signing up for BTMPool could enjoy no-fee mining.
Founded in 2011, 8BTC is China’s first and largest cryptocurrency community starting with 8BTC Forum, and later developed into a blockchain news site, with the mandate of bridging the blockchain development between China and abroad based in Hangzhou, home to the e-commerce conglomerate Alibaba.
As one of the earliest blockchain-related media outlet in the country, it is famous for its unbiased attitude towards bitcoin and blockchain. Though known as a social media, 8BTC also has a developing team, Bytom Blockchain, committed to public chain development. Its founder and CEO Zhipeng Liu (better known as Chang Jia), known as an early blockchain preacher in the country, was recently reported by the state-run news outlet Global Times.
8BTC News is a window for Chinese bitcoiners and blockchain startups to up-to-date domestic and abroad news on the crypto world and also a bridge for foreigners to get know Chinese blockchain industry. This June it successfully organized the World Blockchain Conference at Wuzhen (the venue of the World Internet Summit).
This March, 8BTC obtained a 100 million Chinese yuan (US$15 million) investment in series A funding from investors including Bitmain (world’s dominant bitcoin miner manufacturer), Puhua Capital and Funcity Capital.