About Startup365

Chaque jour nous vous présenterons une nouvelle Startup française ! Notre pays regorge de talents et d'entrepreneurs brillants ! Alors partons à la découverte des meilleures startup françaises ! Certaines d'entre elles sont dans une étape essentielle dans la vie d'une startup : la recherche de financement, notamment par le financement participatif (ou crowdfunding en anglais). Alors participez à cette grande aventure en leur faisant une petite donation ! Les startups françaises ont besoin de vous !

#Blockchain In-Wallet BCH Purchases and BCH Merchant App in the Weekly Update From Bitcoin.com

In-Wallet BCH Purchases and BCH Merchant App in the Weekly Update From Bitcoin.com

An integration with Moonpay allows users of the Bitcoin.com wallet in the U.K. and Europe to buy bitcoin cash with credit cards and merchants can accept BCH payments with a new POS app which is now online. This and more in the weekly video news update shared on Bitcoin.com’s Youtube channel.

Also read: Crypto Rocket Lets You Track Over 2,000 Cryptocurrencies

Buy Bitcoin Cash in the Bitcoin.com Wallet

Residents of the United Kingdom and other countries in Europe will be able to purchase bitcoin cash directly through their Bitcoin.com wallet using a credit card. That’s possible thanks to the integration of the Moonpay service with the latest release of the client.

The option to buy BCH with Visa and Mastercard is already available for those living in the U.S. You can join close to 4 million users around the world by visiting free.bitcoin.com to get set up with a wallet and receive some free BCH.

A point of sale app called BCH Merchant is now available for Android devices with an iOS version coming soon. The simple and free software allows merchants to accept bitcoin cash at any retail location. BCH Merchant does not require an account or registration. To start receiving BCH payments, all you have to do is provide a public key or an extended public key linked to your cryptocurrency wallet.

Meanwhile, the largest cryptocurrency exchange by volume, Binance, announced it’s planning to delist BSV. Other digital asset trading platforms such as Kraken and Shapeshift have taken steps in the same direction. Following Binance’s announcement, the price of BSV fell and the coin is trading for around $56 at the time of writing. Learn more about these stories and more in the Bitcoin.com weekly video update embedded above.

Make sure to subscribe to the Bitcoin.com Youtube channel and leave a comment on the latest video.


Image: Bitcoin.com


Verify and track bitcoin cash transactions on our BCH Block Explorer, the best of its kind anywhere in the world. Also, keep up with your holdings, BCH and other coins, on our market charts at Satoshi’s Pulse, another original and free service from Bitcoin.com.

The post In-Wallet BCH Purchases and BCH Merchant App in the Weekly Update From Bitcoin.com appeared first on Bitcoin News.

from Bitcoin News http://bit.ly/2PlnMWC In-Wallet BCH Purchases and BCH Merchant App in the Weekly Update From Bitcoin.com

#Blockchain The Number of Crypto Exchanges Offering Margin Has Multiplied

Until recently, Bitmex, Deribit and a handful of established exchanges were the only places where traders could get their leverage fix. This has now changed with the emergence of dozens of exchanges offering leverage and plenty more on their way. Binance and Kucoin – two platforms famed for driving this year’s other exchange trend, the IEO – are believed to be mulling the introduction of margin trading. In 2019, it seems, everything’s being served with leverage.

Also read: Darknet Users Allege Wall Street Market Exit Scammed, Possibly Snatching $30M

Margin Trading Is so Hot Right Now

Margin trading and initial exchange offerings (IEOs) have proven to be the dominant trends among cryptocurrency exchanges this year. Bibox is the perfect case in point: the exchange, which offers up to 3x leverage on BTC, recently entered the IEO game, announcing the launch of no less than four projects on Bibox Orbit simultaneously to commence on April 22: The Force Protocol (FOR), Ludos (LUD), Staking (SKR), and X-Block (IX).

The Number of Crypto Exchanges Offering Margin Has Multiplied

FTX is another platform that encapsulates one of 2019’s defining crypto exchange trends, in this case for leverage. The derivatives exchange, backed by trading firm Alameda Research, offers futures, leveraged tokens at up to 3x, and OTC trading. With leverage of anywhere from 2-100x, these exchanges multiply the thrill – and the risk – of going long or short on bitcoin and other digital assets. Where once traders had a handful of options, now there are dozens, as the number of platforms offering margin and derivatives products has proliferated.

The Number of Exchanges Offering Leverage Has Increased 10x

The Perils of Offering Leverage

On market data sites such as Coincodex, Coinlore, and Coinpaprika, the number of exchanges offering leverage now runs to more than 50. Some provide margin trading on leading coins such as BTC, ETH, and BCH, while others have gotten more adventurous, offering products such as leveraged futures on Telegram’s still unreleased gram token. For traders lured by the prospect of tripling their money through little more than cranking up a slider and letting the multiplier effect take care of the rest, there are a few perils to be aware of – aside from the obvious risk of being liquidated.

The Number of Crypto Exchanges Offering Margin Has Multiplied

Bitmex takes pride in the size of its insurance fund, which currently stands at close to 24,000 BTC, but the majority of leveraged exchanges aren’t nearly so well equipped. With smaller exchanges, a large trader’s account going bankrupt can lead to clawbacks from other accounts to cover the loss. Poorly designed risk management systems exacerbate this risk. The complexities of offering leverage are significant, necessitating collateral to be posted for separate margin wallets for each digital asset. Newly launched futures exchanges also typically suffer from low volume and poor liquidity due to a small customer base, which in turn makes it more difficult to attract customer flow and market makers.

The Number of Crypto Exchanges Offering Margin Has Multiplied
Okex rolled back its futures contracts following a massive liquidation in July 2018

It’s not just new exchanges that can get things from when it comes to managing margin, either: last year Okex suffered a $9M clawback after a trader placed a large BTC order and was then liquidated after the asset crashed. As FTX notes, “If a user has a leveraged futures position on and markets move against their account enough that their net asset value is negative, then someone has to pay for that loss.” It continues:

In crypto you can’t repossess assets from the bankrupt account’s owner from outside the system, so you’re stuck with other users — the users who aren’t getting liquidated — footing the bill.

With the public’s appetite for leveraged everything and IEOs for everything showing no signs of being sated, expect to see plenty more of both in 2019. In an increasingly competitive marketplace, with hundreds of platforms jostling to gain a foothold, margin, despite its hazards, is seen as a key way to attract traders and stay relevant.

What are your thoughts on the proliferation of exchanges offering margin trading? What’s your favorite platform for leveraged trading? Let us know in the comments section below.


Images courtesy of Shutterstock.


Need to calculate your bitcoin holdings? Check our tools section.

The post The Number of Crypto Exchanges Offering Margin Has Multiplied appeared first on Bitcoin News.

from Bitcoin News http://bit.ly/2PjxQiT The Number of Crypto Exchanges Offering Margin Has Multiplied

#Blockchain Crypto Rocket Lets You Track Over 2,000 Cryptocurrencies

Crypto Rocket Lets You Track Over 2,000 Cryptocurrencies

Having access to detailed and real-time market data is a precondition for becoming a successful cryptocurrency trader. Crypto Rocket is a mobile app that aggregates useful information about digital coins including price movements and the latest developments in the space.

Also read: BCH Merchant App Allows Businesses to Accept Crypto Payments in Store

Prices, Charts, News and Analysis in One App

Crypto Rocket is a free application developed for Android devices that tracks the prices of over 2,000 cryptocurrencies. It pulls market data from multiple digital asset exchanges including major platforms such as Kraken, Coinbase, and Bitfinex, as well as Localbitcoins, which is the leading peer-to-peer exchange.

The software can notify users when the price of a particular coin crosses a certain threshold thanks to customizable price alerts. Traders can create a watchlist to filter followed currencies. Interactive historical price charts allow them to examine market trends over different timeframes.

Crypto Rocket Lets You Track Over 2,000 Cryptocurrencies

The app also offers homescreen widgets that will help you stay informed about market developments concerning the coins you are interested in as well as a Breaking News page. There’s also a Details section that facilitates deeper analysis based on highs, lows and total volume.

Crypto Rocket comes with a currency converter that can be used to compare the market prices of cryptocurrencies in fiat equivalent. The feature supports dozens of traditional currencies including Indian rupee, Russian ruble, Turkish lira, South African rand, Brazilian real, and Vietnamese dong.

If you need to keep track of the current prices and market valuations of cryptocurrencies you can also use the Satoshi Pulse market cap aggregator developed by Bitcoin.com. The platform allows you to pick your favorite digital coins and calculate their price in a number of crypto and fiat currencies. It’s available in English, Russian, Chinese, and Korean.

What cryptocurrency tracker are you using? Tell us in the comments section below.

Disclaimer: Readers should do their own due diligence before taking any actions related to third party companies or any of their affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any third party content, goods or services mentioned in this article.


Images courtesy of Shutterstock.


At Bitcoin.com there’s a bunch of free helpful services. For instance, have you seen our Tools page? You can lookup the exchange rate for a transaction in the past. Or calculate the value of your current holdings. Or create a paper wallet. And much more.

The post Crypto Rocket Lets You Track Over 2,000 Cryptocurrencies appeared first on Bitcoin News.

from Bitcoin News http://bit.ly/2ILHGbY Crypto Rocket Lets You Track Over 2,000 Cryptocurrencies

#Blockchain Darknet Users Allege Wall Street Market Exit Scammed, Possibly Snatching $30M

Darknet Users Allege Wall Street Market Exit Scammed, Possibly Snatching $30M

During the first week of April, news.Bitcoin.com reported on a large swarm of darknet market (DNM) users flocking from Dream to the Wall Street marketplace. However, the migration hasn’t been as successful as it may have first seemed, with some vendors alleging that Wall Street has pulled an exit scam and ran off with $30 million in crypto held in escrow.

Also read: The Darknet’s Largest Marketplace Is Closing – But a Replacement Is on Its Way

Wall Street Market Users and Vendors Complain of Payment Issues and Possible Exit Scam

Not long ago, the largest DNM on the invisible web, Dream market, decided to shut down operations and transition to a new marketplace. At the time, many users flocked to other markets like Wall Street, Cannazon, and the Majestic Garden. According to user and vendor reports, since the Dream closure a huge number of users have migrated to Wall Street (WS). The WS marketplace has since reportedly amassed millions of dollars in BTC in escrow before people started noticing issues on April 17. One spectator commenting on Deepdotweb.com on April 20 claimed WS stopped paying vendors for finalized orders and all the funds collected were then transferred into a single BTC wallet.

Darknet Users Allege Wall Street Market Exit Scammed, Possibly Snatching $30M

“If you do your research you can find this wallet and see that afterward the BTC got split over several other BTC wallets,” the comment notes. “They claim to have some “technical issues” with their BTC servers. They have been saying that they are working on the issue for the last couple of days and that the missing BTC will be returned to the website.” The comment stemming from someone who calls himself a “DNM veteran” further states:

In the meantime they are making it look like nothing is going on and they are still running the website and having customers transfer BTC to the website.

Deepdotweb.com does show that the marketplace has 97.9% uptime at the moment, but the publication does display a caution notice that says “Warning: Market is exit scamming, do not deposit any funds into Wall Street market.” Further, the website’s comment section for direct links to WS is littered with commentary concerning the possibility that WS admins have exit scammed.

Darknet Users Allege Wall Street Market Exit Scammed, Possibly Snatching $30M

Essentially, an ‘exit scam’ is a confidence scheme used by a well-established darknet operation that stops shipping orders but continues to amass funds in escrow. After a good chunk of money has been collected, the DNM admins steal the funds and the site shuts down all of a sudden. On the Reddit forum r/darknet there’s a ton of posts stemming from users and vendors complaining about not being able to obtain funds from Wall Street. The top post on the forum says that “WSM has exit scammed” and some WS admins may be extorting users for more money.

Darknet Users Allege Wall Street Market Exit Scammed, Possibly Snatching $30M

Running Away With a Possible $30 Million in Crypto

According to the extortion post, WS support allegedly messaged users who did not encrypt their support messages and asked for help in plain text. The post says that users who made this mistake need to pay 0.05 BTC to a specific address or the list of people they caught making the mistake will be sent to Europol and the FBI. Another post on the forum called “WS Exit Scam Confirmed” also details a similar situation where vendors were not getting paid this past week, according to a meeting between “27 well-established DNM vendors.” There are definitely a number of deniers on these posts who declare “post proof or stop with this bullshit” but a good majority of comments uphold the story and warn that people should not place orders on the market.

Darknet Users Allege Wall Street Market Exit Scammed, Possibly Snatching $30M

There are others who have spoken with insiders from WS and individuals who work for support who say that the market system was having “technical issues.” One post claims a WS support email details that “services will resume shortly” and they expected to resolve the issue by “Saturday morning on 4/20,” the unofficial cannabis holiday.

Conversations on the DNM discussion forum Dread explain that WS market may have scammed people out of a whopping $30 million worth of cryptocurrencies. The issue with WS strikes fears into the hearts of the many DNM users who have experienced exit scams in the past and demonstrates the fundamental problems with centralized DNMs. Since the creation of the Silk Road and its eventual takedown, there’s been a variety of DNM exit scams which have included Evolution, Oasis, East India Company, Olympus, and Sheep marketplace. The current news concerning the WS market issues has DNM users wondering once again if another popular darknet market has bit the dust.

Do you think Wall Street market exit scammed? Let us know what you think about this subject in the comments section below.


Image credits: Shutterstock, Reddit, r/darknet, Deepdotweb.com, Pixabay, and WS Market logos.


Need to calculate your bitcoin holdings? Check our tools section.

The post Darknet Users Allege Wall Street Market Exit Scammed, Possibly Snatching $30M appeared first on Bitcoin News.

from Bitcoin News http://bit.ly/2Dnkf5c Darknet Users Allege Wall Street Market Exit Scammed, Possibly Snatching $30M

#USA From lab-grown meat to fermented fungus, here’s what corporate food VCs are serving up

//

In a foodie’s ideal world, we’d all eat healthy, minimally processed cuisine sourced from artisanal farmers, bakers and chefs.

In the real world, however, most of us derive the lion’s share of calories from edibles supplied by a handful of giant food conglomerates. As such, the ingredients and processing techniques they favor have an outsized impact on our daily diets.

With this in mind, Crunchbase News decided to take a look at corporate food VCs and the startups they are backing to see what their dealmaking might say about our snacking future. We put together a list of venture funds operated by some of the larger food and beverage producers, covering literally everything from soup to nuts (plus lunch meat and soda, too!).

Like their corporate backers, startups funded by “Big Food” are a diverse bunch. Recent funding recipients are pursuing endeavors ranging from alternative protein to biospectral imaging to fermented fungus. But if one were to pinpoint an overarching trend, it might be a shift away from cost savings to consumer-friendliness.

“You think of food-tech and ag-tech 1.0, these were technologies that were primarily beneficial to the producers,” said Rob LeClerc, founding partner at AgFunder, an agrifood investor network. “This new generation of companies are really more focused on what does the consumer want.”

And what does the consumer want? This particular consumer would currently like a zero calorie hot fudge sundae. More broadly, however, the general trends LeClerc sees call for food that is healthier, tastier, nutrient-dense, satiating, ethically sourced and less environmentally impactful.

Below, we look at some of the trends in more detail, including funded companies, active investors and the up-and-coming edibles.

The new, new protein

Mass-market foods may get better but also weirder. This is particularly true for one of the more consistently hot areas of food-tech investment: alternative protein.

Demand for protein-rich foods, combined with ethical concerns about consuming animal products, has, for a number of years, led investors to startups offering meaty tasting tidbits sourced from the plant world.

But lately, corporate food giants have been looking farther beyond soy and peas. Lab-grown meat, once an oddball endeavor good for headlines about $1,000 meatballs, has been attracting serious cash. Since last year, at least two companies in the space have closed rounds backed by Tyson Ventures, the VC arm of the largest U.S. meat producer. They include pricey meatball maker Memphis Meats (actually based in California), which raised $20 million, and Israel-based Future Meat Technologies, a biotech startup working on animal-free meat, which secured $2 million.

Much of the early enthusiasm for new products stems from disillusionment with the existing ingredients we overeat.

If you cringe at the notion of lab-grown cell meat, then there’s always the option of getting your protein through microbes in volcanic springs. That’s the general aim of Sustainable Bioproducts, a startup that raised $33 million in Series A funding from backers including ADM and Danone Manifesto Ventures. The Chicago company’s technology for making edible protein emerged out of research into extremophile organisms in Yellowstone National Park’s volcanic springs.

Meanwhile, if you hanker for real dairy milk but don’t want to trouble cows, another startup, Perfect Day, is working on a solution. Per the company website: “Instead of having cows do all the work, we use microflora and age-old fermentation techniques to make the very same dairy protein that cows make.” Toward that end, the Berkeley company closed a $35 million Series B in February, with backing from ADM.

Fermentation

Perfect Day isn’t the only fermentation play raising major funding.

Corporate food-tech investors have long been interested in the processing technologies that turn an obscure microbe or under-appreciated crop into a high-demand ingredient. And lately, LeClerc said, they’ve been particularly keen on startups finding new ways to apply the age-old technology known as fermentation.

Most of us know fermentation as the process that turns a yucky mix of grain, yeast and water into the popular beverage known as beer. More broadly, however, fermentation is a metabolic process that produces chemical changes in organic substrates through the action of enzymes. That is, take a substance, add something it reacts with and voilà, you have a new substance.

Several of the most heavily funded, buzz-generating companies in the food space are applying fermentation, LeClerc said. Besides Perfect Day, examples he points to include the unicorn Ginkgo BioworksGeltor (another alt-protein startup) and mushroom-focused MycoTechnology.

Colorado-based MycoTechnology has been a particularly attractive investor target of late. The company has raised $83 million from a mix of corporate and traditional VCs, including a $30 million Series C in January that included Tyson and Kellogg’s venture arm, Eighteen94 Capital . Founded six years ago, the company is pursuing a range of applications for its fermented fungi, including flavor enhancers, protein supplements and preservatives.

Supply chain

Besides adding strange new ingredients to our grocery shelves, corporate food-tech investors are also putting money into technologies and platforms aimed at boosting the security and efficiency of existing supply chains.

Just like new foods, much of the food safety tech sounds odd, too. Silicon Valley-based ImpactVision, a seed-funded startup backed by Campbell Soup VC arm Acre Venture Partners, wants to employ hyper-spectral imaging to perceive information about contamination, food quality and ripeness.

Boston-based Spoiler Alert, another Acre portfolio company, develops software and analytics for food companies to manage unsold inventory. And Pensa Systems, which uses AI-powered autonomous drones to track in-store inventory, raised a Series A round this year with backing from the venture arm of Anheuser-Busch InBev.

Is weirder better?

We highlighted a few trends in corporate food-tech investment, but there are others that merit attention, as well. Probiotics plays, including the maker of the GoodBelly drink line, are generating investor interest. New ingredients other than proteins are also attracting capital, such as UCAN, a startup developing energy snacks based on a novel, slow-digesting carbohydrate. And the list goes on.

Much of the early enthusiasm for new products stems from disillusionment with the existing ingredients we overeat. But LeClerc noted that new products aren’t always better in the long run — they just might seem so at first.

“The question in the back of our head is: Are we ever creating margarine 2.0,” he said. “Just because it’s a plant product doesn’t mean it’s actually better for you.”

from Startups – TechCrunch https://tcrn.ch/2UNzlMc

#USA Acquisitions, more than IPOs, will create Africa’s early startup successes

//

Africa has made its global IPO debut. Pan-African e-commerce company Jumia—a $1 billion-valued company—began trading live on the NYSE last week.

The stock offering made Jumia the first upstart operating in Africa to list on a major global exchange.

This raises expectations for unicorns and IPOs to create the continent’s first wave of startup moguls. But unlike other markets, big public listings and nine-figure valuations could remain rare in Africa.

The rise of venture arms and startup acquisitions will factor more prominently than IPOs in creating Africa’s early startup successes.

I’ll break down why. First, a quick briefer.

Primer on African tech

Not everyone may be aware, but yes, Africa has a booming tech scene. When measured by monetary values, it’s minuscule by Shenzen or Silicon Valley standards.

from Startups – TechCrunch https://tcrn.ch/2W1bDJ2

#USA Startups Weekly: Zoom CEO says its stock price is ‘too high’

//

When Zoom hit the public markets Thursday, its IPO pop, a whopping 81 percent, floored everyone, including its own chief executive officer, Eric Yuan.

Yuan became a billionaire this week when his video conferencing business went public. He told Bloomberg that he actually wished his stock hadn’t soared quite so high. I’m guessing his modesty and laser focus attracted Wall Street to his stock; well, that, and the fact that his business is actually profitable. He is, this week proved, not your average tech CEO.

I chatted with him briefly on listing day. Here’s what he had to say.

“I think the future is so bright and the stock price will follow our execution. Our philosophy remains the same even now that we’ve become a public company. The philosophy, first of all, is you have to focus on execution, but how do you do that? For me as a CEO, my number one role is to make sure Zoom customers are happy. Our market is growing and if our customers are happy they are going to pay for our service. I don’t think anything will change after the IPO. We will probably have a much better brand because we are a public company now, it’s a new milestone.”

“The dream is coming true,” he added. 

For the most part, it sounded like Yuan just wants to get back to work.

Want more TechCrunch newsletters? Sign up here. Otherwise, on to other news…

 

IPO corner

You thought I was done with IPO talk? No, definitely not:

  • Pinterest completed its IPO this week too! Here’s the TLDR: Pinterest popped 25 percent on its debut Thursday and is currently trading up 28 percent. Not bad, Pinterest, not bad.
  • Fastly, a startup I’d admittedly never heard of until this week, filed its S-1 and displayed a nice path to profitability. That means the parade of tech IPOs is far from over.
  • Uber… Surprisingly, no Uber IPO news this week. Sit tight, more is surely coming.

$1B for self-driving cars

While I’m on the subject of Uber, the company’s autonomous vehicles unit did, in fact, raise $1 billion, a piece of news that had been previously reported but was confirmed this week. With funding from Toyota, Denso and SoftBank’s Vision Fund, Uber will spin-out its self-driving car unit, called Uber’s Advanced Technologies Group. The deal values ATG at $7.25 billion.

Robots!

The TechCrunch staff traveled to Berkeley this week for a day-long conference on robotics and artificial intelligence. The highlight? Boston Dynamics CEO Marc Raibert debuted the production version of their buzzworthy electric robot. As we noted last year, the company plans to produce around 100 models of the robot in 2019. Raibert said the company is aiming to start production in July or August. There are robots coming off the assembly line now, but they are betas being used for testing, and the company is still doing redesigns. Pricing details will be announced this summer.

Digital health investment is down

Despite notable rounds for digital health businesses like Ro, known for its direct-to-consumer erectile dysfunction medications, investment in the digital health space is actually down, reports TechCrunch’s Jonathan Shieber. Venture investors, private equity and corporations funneled $2 billion into digital health startups in the first quarter of 2019, down 19 percent from the nearly $2.5 billion invested a year ago. There were also 38 fewer deals done in the first quarter this year than last year, when investors backed 187 early-stage digital health companies, according to data from Mercom Capital Group.

Startup capital

Byton loses co-founder and former CEO, reported $500M Series C to close this summer
Lyric raises $160M from VCs, Airbnb
Brex, the credit card for startups, raises $100M debt round
Ro, a D2C online pharmacy, reaches $500M valuation
Logistics startup Zencargo gets $20M to take on the business of freight forwarding
Co-Star raises $5M to bring its astrology app to Android
Y Combinator grad Fuzzbuzz lands $2.7M seed round to deliver fuzzing as a service

Extra Crunch

Hundreds of billions of dollars in venture capital went into tech startups last year, topping off huge growth this decade. VCs are reviewing more pitch decks than ever, as more people build companies and try to get a slice of the funding opportunities. So how do you do that in such a competitive landscape? Storytelling. Read contributor’s Russ Heddleston’s latest for Extra Crunch: Data tells us that investors love a good story.

Plus: The different playbook of D2C brands

And finally, for the first of a new series on VC-backed exits aptly called The Exit. TechCrunch’s Lucas Matney spoke to Bessemer Venture Partners’ Adam Fisher about Dynamic Yield’s $300M exit to McDonald’s.

#Equitypod

If you enjoy this newsletter, be sure to check out TechCrunch’s venture-focused podcast, Equity. In this week’s episode, available here, Crunchbase News editor-in-chief Alex Wilhelm and I chat about rounds for Brex, Ro and Kindbody, plus special guest Danny Crichton joined us to discuss the latest in the chip and sensor world.

from Startups – TechCrunch https://tcrn.ch/2VX6P78

#Blockchain These Next-Generation Mining Rigs Pack a Ton of Hashpower

A Great Deal of Hashpower Is Coming With 2019's Next-Generation Mining Rigs

Last week, mining manufacturer Bitmain launched its latest Antminer 17 series. Now Canaan Creative has published its own device specifications and pricing for the new Avalonminer 10 series that process between 31-33 trillion hashes per second (TH/s). In addition to Canaan’s latest miners, two more China-based companies are releasing next-generation miners this summer that mine at maximum hashrates between 46-70TH/s.

Also read: Statistics Show Bitcoin Cash Is a Strong Contender After Crypto Winter

Avalonminer 10 Series: 31-33 Trillion Hashes per Second

Bitcoin mining machines that process the SHA256 consensus algorithm are growing ever more efficient. Last year, a number of newly improved mining rigs were released by various manufacturers and this year there’s a bunch more on the horizon. News.Bitcoin.com recently reported on Bitmain and Canaan’s new miners but Canaan hadn’t published the latest Avalonminer 10 specifications or prices. The new Avalonminer 10 series documentation is now available on the company’s website and interested buyers can sign up for the waiting list.

These Next-Generation Mining Rigs Pack a Ton of Hashpower

There are two models available on Canaan’s store – the Avalonminer 1041 and the 1041F. Interestingly, even though one unit is a bit more effective than the other, they are both listed for the same price at $1,057 per mining rig. The 1041 unit processes the SHA256 algorithm at 31TH/s and power efficiency of 56 joules per terahash (J/TH). Another thing to note is that the 10 series models both use 16nm chipsets rather than the next-generation 10nm or 7nm chips used by competitors.

These Next-Generation Mining Rigs Pack a Ton of Hashpower

In addition to the chips used, the 1041 machine puts out 70 decibels (dB) of sound and weighs around 8kg. The more effective Avalonminer model, the 1041F, processes 33.5TH/s according to the 1041F specifications page. Canaan says the 1041F comes with top tier power efficiency by giving owners 63J/TH. The machine is a touch lighter at 6kg and also puts out 70db sound which Canaan calls a “traditional” output. Each machine has a 180-day warranty from when the mining rigs are received.

Strongu’s U8 Model: 46 Trillion Hashes per Second

In addition to the latest mining rigs being sold in 2019, the top three mining giants Ebang, Bitmain and Canaan have smaller competitors trying to make strides in the industry. Two models being sold this summer aim to give miners higher hashrate for their money. The first mining rig expected to go on sale this July is Strongu Mining’s STU-8 (also known as the U8) which claims to pack a maximum hashrate of 46TH/s. The model’s power consumption takes about 2100W off the wall according to specifications. A few vendors online expect the U8 model to sell between $1,520-1,883 per unit. The U8 is a bit louder too as the unit’s fan has a noise level of around 76dB. The U8 model will be sold in pre-sale batches as well (25 units per order) according to the Strongu website. However, the China-based firm does not disclose what type of chipset is used for the latest U8 model.

These Next-Generation Mining Rigs Pack a Ton of Hashpower

Microbt Whatsminer M20S: 70 Trillion Hashes per Second

Another mining rig expected this summer stems from another company headquartered in China. The manufacturer Microbt claims the new Whatsminer M20S will process a maximum hashrate of around 70TH/s. The machine has a power consumption of around 3360W and has a noise level of around 75dB. Microbt plans to sell the mining rig in August and the rig’s official distributor Pangolin is selling each unit for $2,349. The Pangolin website does disclose the type of chip used in the new M20S models, revealing it to be a 12nm TSMC made semiconductor.

These Next-Generation Mining Rigs Pack a Ton of Hashpower

Despite the crypto winter, bitcoin mining manufacturers have continued to develop faster models with next-generation chips. Both BTC and BCH hashrates have risen significantly in 2019 and global data shows the mining economy is still booming. It’s likely that next-generation machines will relentlessly push the envelope within this industry. With the Microbt Whatsminer M20S, Strongu’s U8, and the new Antminer 17s from Bitmain producing hashrates of over 50 trillion hashes per second, mining competitiveness is guaranteed to increase. Soon enough, mining participants and facilities will find that low hashrate-producing mining rigs will be far less efficient to the point of not being worthwhile to run, unless they’re combined in great numbers.

What do you think about 2019’s next-generation miners from Canaan, Microbt, and Strongu? Let us know what you think about this subject in the comments section below.

Disclaimer: Readers should do their own due diligence before taking any actions related to the mentioned companies, software or any of the affiliates or services. Bitcoin.com or the author is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. This editorial review is for informational purposes only.


Image credits: Shutterstock, Canaan Creative, Microbt, Asicminervalue.com, and Strongu.


At news.Bitcoin.com all comments containing links are automatically held up for moderation in the Disqus system. That means an editor has to take a look at the comment to approve it. This is due to the many, repetitive, spam and scam links people post under our articles. We do not censor any comment content based on politics or personal opinions. So, please be patient. Your comment will be published.

 

The post These Next-Generation Mining Rigs Pack a Ton of Hashpower appeared first on Bitcoin News.

from Bitcoin News http://bit.ly/2vmEJqB These Next-Generation Mining Rigs Pack a Ton of Hashpower

#Blockchain BCH Merchant App Allows Businesses to Accept Crypto Payments in Store

BCH Merchant App Allows Businesses to Accept Crypto Payments

Cryptocurrency gives companies another payment option to offer their customers that yields a host of benefits. In the case of bitcoin cash, crypto payments are an easy, fast and cheap option, thanks to ultra-low onchain fees. BCH Merchant is a Point of Sale app that allows businesses to accept bitcoin cash.

Also read: Crypto-Friendly Banking Platform Cashaa Offers Personal and Business Accounts

Free App Helps Expand Payment Options

BCH Merchant is a free mobile application developed by Bitcoin.com which is available in the Google Play store. With the simple to use POS software, merchants can accept bitcoin cash payments at any retail location.

The app is very easy to set up as no account or registration is needed. To start receiving BCH payments, all you have to provide is a public key or an extended public key linked to your cryptocurrency wallet.

Permissions are limited to the camera, used to scan QR codes, network connections, and the Near Field Communication (NFC) functionality. BCH Merchant is QR code payment compatible with all bitcoin cash wallets.

BCH Merchant App Allows Businesses to Accept Crypto Payments in Store

Amounts can be displayed in local currency and the application supports over 150 fiat currencies. Thanks to the design of the Bitcoin Cash network, the fee paid by customers is very low – less than $0.01 – and is charged independently of the amount due.

BCH Merchant offers instant and safe payments. The app is also employee-friendly, with all settings accessible only through a PIN code.

If you or your business need a simple and secure way to send and receive cryptocurrency, you can also download and install the Bitcoin.com Wallet – over 3.9 million have been created already. The wallet is available for mobile and desktop devices and all major operating systems including iOS, Android, Windows, and Linux.

Are you offering your customers a crypto payment option and what services are you using? Let us know in the comments section bellow.


Images courtesy of Shutterstock.


At Bitcoin.com there’s a bunch of free helpful services. For instance, have you seen our Tools page? You can lookup the exchange rate for a transaction in the past. Or calculate the value of your current holdings. Or create a paper wallet. And much more.

The post BCH Merchant App Allows Businesses to Accept Crypto Payments in Store appeared first on Bitcoin News.

from Bitcoin News http://bit.ly/2IKUNu6 BCH Merchant App Allows Businesses to Accept Crypto Payments in Store