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Category Archives: News

Chinese Bitcoiner Makes Physical Bitcoins In Pure Gold

Jul 21, 2014


Back in early December last year, we heard that people in the Channel Island of Alderney had been working on the idea of producing physical Bitcoins, as part of their grander plan to reinvent the British crown dependency as a global hub of digital currency. Since then, things have been rathe...

Why bitcoin mining variance matters?

Jul 19, 2014

L.M. Goodman

In bitcoin, miners join pools for two reasons. One is to avoid the hassle of running a full node — this could be mitigated by requiring miners to include proofs of blockchain retrievability. The other is to reduce the variance of the return in their mining. But why is variance so impor...

Minimum Viable Block Chain

May 5, 2014

Ilya Grigorik

Cryptocurrencies, and Bitcoin in particular, have been getting a lot of attention from just about every angle: regulation, governance, taxation, technology, product innovation, and the list goes on. The very concept of a "peer-to-peer (decentralized) electronic cash system" turns many of our prev...

Virtual currency a bit overpriced for the real world

Nov 22, 2013


A residential project in Shanghai's Pudong New Area is accepting bitcoins from apartment buyers, taking the currency a step closer to acceptance in China. Domestic online game developer Shanda Interactive Entertainment Ltd, the developer of the property project, announced on Oct 2...

8BTC Interview with BTCChina

Nov 8, 2013


  Bitcoin continues to grow in value and BTC China, the lead Chinese Bitcoin exchange and one of the lead Bitcoin exchanges in the world, is expanding tremendously. Bitcoin Magazine received a transcribed and translated copy of Yang Yang of 8BTC’s interview with Bobby L...