BlackArrow Releases Data Management Platform for the Pay-TV Industry

BlackArrow Releases Data Management Platform for the Pay-TV Industry
NEW YORK, Apr 23, 2014 (BUSINESS WIRE) — BlackArrow, a worldwide provider of TV advertising and data solutions, today announced the availability of BlackArrow Audience 2.0, a comprehensive audience and data management platform for the television …
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BitFury Group Donates Hundred Bitcoins to Macquarie University ALS
Adding its name to the list of Bitcoin donors who are contributing significantly, BitFury Group, the leading Bitcoin infrastructure provider and Bitcoin transaction processing company has announced that it is donating 100 Bitcoins to the Macquarie …
Read more on ForexMinute.com

Butterfly Labs Asset Seizure Spurs On Mining Industry Competition

Butterfly Labs Asset Seizure Spurs On Mining Industry Competition
Amid the FTC injunction of Butterfly Labs additional insight was gleaned about the operations of the company. Butterfly Labs (BFL) sells high-performance computers that are designed solely for mining Bitcoin. BFL operated primarily on a pre-order basis …
Read more on Bitcoin Magazine

Spencer Fane's final Butterfly Labs bill will remain under seal
A federal judge has ordered that the costs associated with sending Butterfly Labs into receivership should remain under seal. Spencer Fane Britt & Browne LLP was named temporary receiver for Butterfly after the FTC filed suit against the company in …
Read more on Kansas City Business Journal

HEX Mining Joins The Bitcoin Miner Hardware Industry Armed with GigaHash & TeraHash ASIC Mining Machines

Orange County, CA (PRWEB) February 20, 2014

HEX Mining (http://www.hexmining.com) officially launches its new line of Avalon ASIC Bitcoin Miners to the cryptocurrency industry. The news surrounding the digital currency has provided additional support to the Bitcoin Industry. Bitcoin uses peer-to-peer technology to operate with no central authority or banks; managing transactions and the issuing of bitcoins is carried out collectively by the network. Bitcoin is open-source; its design is public, nobody owns or controls Bitcoin and everyone can take part.

The excitement & commitment to Bitcoin’s success is prevalent, as many successful companies begin to accept the crytocurrency; such as the first major electronics retailer; TigerDirect, Overstock.com, the San Francisco-based social gamer maker; Zynga, Las Vegas’ D casino & Golden Gate for rooms, food and drinks and the Sacramento Kings; as the first professional sports franchise to accept Bitcoin virtual currency.

Bitcoin Mining is the process of using special software to solve math problems and then are issued a certain number of bitcoins in exchange. This provides a smart way to issue the currency and also creates an incentive for more people to mine. Bitcoin miners help keep the Bitcoin network secure by approving transactions Mining is an important and integral part of Bitcoin, that ensures fairness, while keeping the Bitcoin network stable, safe and secure.

Mining equipment plays a very important roll in the process. The faster the mining hardware can process, the faster the Bitcoins are issued. This puts allot of pressure on computer hardware manufacturers in being able to produce the fastest processing chip possible, as well as keeping up with evolution. Bitcoin miners have used various types of hardware over time ranging from CPU, GPU & FPGA hardware to currently mining with an application-specific integrated circuit, or better know as the ASIC microchip.

There are only a few sources available where you can find ASIC mining hardware and one of them is through HEX Mining. Some of the challenges being seen today are that resellers are not able to keep up with the incredible demand for mining hardware.

The HEX Mining ASIC Bitcoin Miners come in the following speeds:

230 GH/s (http://www.hexmining.com/products/details/10/hex-mining-230-ghs-asic-miner-10-running-variance)
1 TH/s (http://www.hexmining.com/products/details/12/hex-mining-1-ths-asic-miner-10-running-variance)

About HEX Mining

HEX Mining (http://www.hexmining.com/) is quickly becoming known as the industry leader by their transparent nature. HEX Mining is a manufacturer and supplier of Bitcoin mining hardware and services. They have offices in the United States and China along with an organization of the top producers of ASIC Chips and Bitcoin Miner related hardware.

Today HEX Mining has both Bitcoin hardware and managed Bitcoin hardware solutions. Products come in both GigaHash and TeraHash processing speeds. As the industry gets more competitive they will continue to secure the right relationships to keep in line with evolution of the cryptocurrency industry. Currently the demand is extremely intense and the pressure is on the manufacturers and distributors to deliver the goods. And that’s exactly what HEX has set out to accomplish.

The HEX Miner 230 GigaHash ASIC Miners are currently in stock and their TeraHash products and services are currently in a pre-order stage and they plan on delivering in April 2014. HEX Mining accepts payments in the form of checks, wire transfers, and of course Bitcoins.

HEX Mining is also proud to be an Escrow.com seller, which arms consumers with confidence during their transactions.

HEX Mining

webmaster(at)hexmining(dot)com

Phone: (877) 804-7671

Website: http://www.hexmining.com







Related Avalon Bitcoin Press Releases

Regulatory Clampdown Intensifies Amid Growing Interest in Bitcoins Apolitical Currency Characteristics, According to New Report by Global Industry Analysts, Inc.

San Jose, California (PRWEB) February 12, 2014

Follow us on LinkedIn – Although the Bitcoin market is now turning relatively bearish amid stabilizing consumer interest and drying up of media coverage, the currency continues to witness improvements in value, albeit at a more sustainable rate than hitherto recorded. As one of the most disruptive forces in modern finance, bitcoin took the financial and monetary system by storm. Over the last four years, strong adoption of the technology by people helped transform bitcoin as the most successful digital currency. A revolution in the concept of currency, and widely touted to be the future of money, bitcoin is currently eliciting a mixture of interest, fevered speculation, intense hype, praise, pessimism, skepticism, criticism, and fear, among governments and individuals worldwide.

The recession played an instrumental role in catalysing the development of the “bitcoin virtual currency system.” The complete collapse of financial ethics and the central banks’ inability to ensure the safety of a country’s banking system and protect the credit rights of the people, brought to fore political corruption, and bureaucratic influence over the financial services sector. The public resentment against the monetary system provided a fertile environment for the development of a monetary exchange system outside the ambit of the current government influenced monetary system and provided the reason for developing a free distributed currency system insulated from government interference. As debt ridden governments begin to utilize private savings, pension funds and bank deposits to pay off debts as evidenced by the “Cyprus Bank Heist”, the bitcoin concept offers the much awaited promise of wealth protection for citizens. As central banks scurry to devalue fiat currencies, bitcoin provides the much required refuge against erosion of wealth and savings. As financial markets obfuscate currency and money math to confuse investors, bitcoin pledges transparency, trust, and confidence. As a panacea for the numerous ailments of the current financial system, the bitcoin currency system has been witnessing massive popularity as the first step forward in the evolution of progressive currency systems.

With current global market stability still continuing to be a challenge, bitcoin continues to proliferate. International efforts to build a stronger and robust financial system, immediately following the 2007-2009 world economic recession, still represents an unfinished priority for governments worldwide. A balanced approach towards instating financial stability continues to elude the European and the US government. In the United States, the decision to raise the debt ceiling indicates failure to curb the government’s spending and debt levels, the long-term implications of which include hyper-inflation and reduction in the value of the dollar. In Europe, continuous intervention of the European Central Bank (ECB) to bailout distressed member countries in addition to raising the risk of hyperinflation also increases the risk of migration to other safer investment options like gold and bitcoin. With governments across the world printing paper currency to increase the flow of funds in the economy in a strategy popularly called “quantitative easing”, the resulting inflation and devaluation of money is feeding interest, among staunch supporters, in the revolutionary concept of bitcoin.

China emerged into a leading player in the bitcoin market largely due to the laissez faire approach adopted by the Chinese government. The Chinese government also actively supported the publicity of bitcoin until recently through government sponsored media coverage. The result of veiled recognition and government support of bitcoin was felt across China with the country threatening to possess the ability to potentially change the rules of the game by transforming bitcoin into over a trillion dollar cryptocurrency market. This early Chinese dominance compelled the United States to cautiously soften its regulatory stand to prevent falling back in the bitcoin race. This change in regulatory stand enabled US businesses to help bitcoin make a price comeback post Chinese crackdown. The recent crackdown on bitcoin trading by the Chinese government which fuelled widespread fears of China losing its dominance in the bitcoin game, witnessed the currency bounce back with unexpected vigour. Bitcoin’s successful survival in China marks the resilience of the currency and the ineffectiveness of regulatory measures to quell the currency’s popularity, thus opening up a new epoch in the lifecycle of the bitcoin market.

Major players in the bitcoin ecosystem include TerraHash, CoinTerra, Butterfly Labs Inc., KnCMiner AB, Robocoin Technologies LLC., Bitcoin Cloud Mining, Cloud Hashing, Pyramining, MinerLease, E-pickaxe, BitcoinFrenzy, Byteminr Limited, Bitcoin Central, BTCchina, Bitstamp Ltd., BTC-e, Campbx, Digital Future LLC., Mt.Gox Co. Ltd., RMBTB, VirtEx, BitPay Inc., Coinbase, Gliph Inc., Coinsetter Inc., TruCoin Technologies LLC, and BTCJam, among others.

The research report titled “Bitcoin: A Market Hype or Reality – A Market Overview”, announced by Global Industry Analysts, Inc., provides a comprehensive review of the technology, market, current scenario, future outlook, trends, issues, drivers, challenges and strategic industry activities. The report provides market estimates and projections for cumulative number of bitcoins in circulation in the global market.

For more details about this comprehensive market research report, please visit

http://www.strategyr.com/Bitcoin_Market_Report.asp.

About Global Industry Analysts, Inc.

Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes more than 1300 full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world’s largest and reputed market research firms.

Global Industry Analysts, Inc.

Telephone: 408-528-9966

Fax: 408-528-9977

Email: press(at)StrategyR(dot)com

Web Site: http://www.StrategyR.com/

###







Bitcoin Buckles Under Tightened Regulatory Vigil, According to New Report by Global Industry Analysts, Inc.

San Jose, CA (PRWEB) May 27, 2014

Follow us on LinkedIn – As one of the most disruptive forces in modern finance, bitcoin took the financial and monetary system by storm. Strong adoption of the technology by people helped bitcoin rise to fame and stardom as the most successful digital currency. A revolution in the concept of currency, bitcoin during the initial years of its launch elicited a mixture of interest, fevered speculation, intense hype, praise, pessimism, skepticism, criticism, and fear, among governments and people worldwide. Defined as a cryptocurrency, bitcoin evolved during the financial turmoil of the 2007-2009 period, as a means to enable electronic payments by circumventing financial institutions. Unlike most other virtual currencies which are backed by central banks, bitcoin is backed by technology based trust such as cryptographic proofs. As a decentralized digital currency, bitcoin overthrows the risks associated with intrusive governmental regulatory policies on financial transactions. Unstable global financial markets during the period 2009-2013 therefore played a key role in fuelling the early popularity of bitcoin. As several major economies descended into monetary dysfunction and with fiscal strategies like quantitative easing devaluating local currencies and triggering massive migration of savings to safer investment options, bitcoin witnessed increased acceptance during this period. The then prevailing monetary realism in the world economy and the complete collapse in confidence in government issued currency as a result of the government’s failure to act as a good steward of the currency therefore benefited the early development and evolution of bitcoin.

Following the first few years of extraordinary success witnessed in terms of bitcoin’s dizzy ascent in value, popularity and acceptance, the currency system of late is witnessing a major fall from grace with several developments and events casting a cloud over its future. Key events which have negatively impacted bitcoin include widespread government control, restrictions, and ban as a result of fears over the technology’s ability to challenge the hegemony of state money, and repeated failure of the infrastructure that supports the wider bitcoin economy. The debacle of Mt. Gox attributed to technical glitches stands testimony to the system weakness surrounding bitcoin. The fall of Mt. Gox has dealt a mortal blow to public perception, confidence and acceptance of bitcoin and is likely to derail the development of the market and in the process steal over a decade of advancement and growth.

Widespread government control has also largely impacted the market. An increasing number of governments worldwide are growing wary of the risks involved in allowing bitcoin to be transacted freely in the global capital markets, and are therefore actively regulating and banning the currency. Although in its current nascent state, bitcoin offers no real threat to sovereign currencies and global commerce, uncontrolled and unregulated growth of this nationless currency has the ability in the long-run to undermine the strength, stability and confidence of government issued money. The decision of the Chinese government to regulate bitcoin, for instance, has been a major blow to the market, marking the virtual demise of bitcoin in China, which until now was one of the largest markets worldwide. China’s ban on bitcoin in effect has lowered the potential of bitcoin in terms of its ability to make an impact in the global financial market.

The market in the coming years will continue to be impacted by geopolitical events. Other factors which have impacted the market include volatile fluctuations in value, instances of bitcoin theft, hacking, and use of the currency for money laundering transactions. All of these factors have resulted in a quick evaporation of consumer confidence in bitcoin and the initial unchallenged trust in bitcoin is ebbing out. Bitcoin in short has fallen prey to politics, government resistance to financial innovation, and infrastructure inefficiencies. Although bitcoin in its present incarnation is expected to fail, the technology nevertheless has created a legacy and has paved the way for the evolution and emergence of next-generation digital and progressive currency systems. The potential of bitcoin as being an alternative to fiat money has never materialized and still continues to be an unfulfilled promise, nevertheless, the concept of decentralized trust as epitomized by bitcoin has enormous, untapped potential.

As stated by the new market research report on Bitcoin, cumulative number of Bitcoins in circulation worldwide is projected to reach 18.1 million by 2018.

Major players in the bitcoin ecosystem include CoinTerra, KnCMiner AB, Robocoin Technologies LLC, Cloud Hashing, E-pickaxe, ANXBTC, Bitcoincentral, Bitcoinde, Bitcurex, BTC Markets, Bitfinex, BTCChina, Bitstamp Ltd., BTC-e, Campbx, Digital Future LLC, Huobi.com, Justcoin Exchange, Kraken, MercadoBitcoin, VirtEx, BitPay Inc., Coinbase, Gliph Inc., Coinsetter Inc., TruCoin Technologies LLC, BTCJam among others.

The research report titled “Bitcoin – A Market Hype or Reality: A Market Overview”, announced by Global Industry Analysts, Inc., provides a comprehensive review of the technology, market, current scenario, future outlook, trends, issues, drivers, challenges and strategic industry activities. The report provides market estimates and projections for cumulative number of bitcoins in circulation in the global market.

For more details about this comprehensive market research report, please visit

http://www.strategyr.com/Bitcoin_Market_Report.asp

About Global Industry Analysts, Inc.

Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes 1500+ full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world’s largest and reputed market research firms.

Global Industry Analysts, Inc.

Telephone: 408-528-9966

Fax: 408-528-9977

Email: press(at)StrategyR(dot)com

Web Site: http://www.StrategyR.com/