Is KnCMiner Finally Issuing Titan Refunds?

Is KnCMiner Finally Issuing Titan Refunds?
KnCMiner has been unable to produce quickly and ship mining equipment for some time now. After it's lengthy eight-month wait for Neptune miners, they've decided to do the right thing and stop selling mining equipment to independent miners. KnCMiner …
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KNC Class Action: Investigation into KNC Miner's Mischief
kncminer-titan-scrypt-asic-miner KNC Titan customers are starting to get exhausted from the ongoing shenanigans that KNC is playing with millions of dollars in customer funds. KNC Titan customers will be relieved to know that a class action …
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Erin sits down with John McDonnell, co-founder and CEO of BitNet, to get a better understanding of the Bitcoin payment process. John tells us how his company safely moves money between customers and merchants and why consumers should use cryptocurrencies instead of credit cards. He also explains how Bitcoin compares to competitors.

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Latest BitFury News

Bitfury Adapter Chain
Image by Collin Mel

TNABC Day 2: Bitcoin Industry Takes On Security Challenges
Security was also top of mind during a mining panel that included BitFury CEO Valery Vavilov; Bitmain's Yoshi Goto; Spondoolies-Tech CEO Guy Corem; Aquifer's Anthony Brough; and developer Luke Dash. The panel was moderated by Tally Capital's …
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BitFury Raises Million to Power New ASIC Chip Development
The pre-Series B round marks the second time this year BitFury has raised $ 20m in new funding, following its initial Series A in May. The funding was largely contributed by existing investors including venture capitalist Bill Tai, current BitFury board …
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Bitcoin Avalon ASIC: Batch #2 Unboxing

A video of me un-boxing an Avalon ASIC, Batch #2 unit. I apologize in advance for the jump cuts; I didn’t want to spend all day editing out all my rambling.

One of our products at HashBTC
200GH/S – 220GH/S Miner

Hashrate: 200 GH/s (Gigahash/Sec)
Overclock Hashrate: 220 GH/s
Power Consumption: 1000watt operation (5A at 220v)
Chips: 2 modules containing 160 chips – 1.2 – 1.4 GH/s Avalon ASIC A3255-Q48 (55nm Avalon2)
Weight: 14kg
Dimension: 17″ x 6.25″ x 17″

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Latest Bitmine News

Bitmine to drop 4PH/s of ASIC power onto bitcoin network
Massive Luck Investments, domiciled in Hong Kong but registered in the British Virgin Islands, has taken a 50% stake in Swiss mining hardware manufacturer Bitmine, (formerly Exion Networks), which has been designing Avalon-based mining hardware.
Read more on CoinDesk

Geothermal Gold: Why Bitcoin Mines are Moving to Iceland
Last month, Switzerland-based mining firm Bitmine switched from their base in the Alps to set up shop in Iceland. bitcoin mining difficulty The increasing difficulty of bitcoin mining over time – click to enlarge.( The company's "cloud …
Read more on International Business Times UK

The MinerZ

Hey guys TerraMiner here and I’d like to ask you,guys if you want to join my group the MinerZ yes with a z not s and yeah if you want to join say in the comments I want to join.

My Raspberry Pi miner:
Raspberry Pi Model B
Gridseed Dual Miner 300-400kh/s
Scripta OS

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CoinTerra CEO: Company 'Frozen' Amid Lawsuits and Default

CoinTerra CEO: Company 'Frozen' Amid Lawsuits and Default
CoinTerra is in default on roughly $ 4.25m-worth of secured notes, according to Iyengar. The admission comes days after the firm became the target of a lawsuit filed by data center services provider C7 Data Centers. CoinTerra has launched a countersuit, …
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Data Center Sues CoinTerra for .4 Million in Damages
In court documents, C7 Data Centers alleges that former partner CoinTerra acted in bad faith by intentionally underpaying for services and demonstrating a pattern of late repayment. In total, C7 is seeking $ 5.4m in damages, court fees and related charges.
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Bad Week for Bitcoin Miners: C7 Data Centers Sues CoinTerra for .4 Million
NEW YORK (InsideBitcoins) — With the price of bitcoin suffering, it is apparently not a good time to be a bitcoin miner right now, with having to pause its cloud mining, and now CoinTerra being sued by a data center operator. The Utah data …
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