Topic: The Bullish Bitcoin Media Center (The ONLY Bullish Bitcoin News Thread) - page 206. (Read 259656 times)

Thanks so much for keeping the thread alive guys, I promise, I will be back.

Again, really thank you so much.

Thanks so much for keeping the thread alive guys, I promise, I will be back.

Again, really thank you so much.

Agreed.  I'm thinking about getting one.

Wow need this! Way better than seeing how many hours left till I have to get up or go to work. 

News URL : http://www.wired.com/2015/11/coinbase-unveils-countrys-first-bitcoin-debit-card/?utm_content=buffer4c5cb&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer

More than three months after I left HaoBTC mine and returned to the Beijing office, it was with utter surprise and unexpectedness, I met two of my former co-workers again.
Zhong Zitao and Guo Peng are here to escort a bunch of Avalon 6 miners back to Kangding.
Usually hired trucks deliver the products, but to ensure safety, we always put our own people in the driver’s compartments to supervise the transport.
Here are some updates regarding our mine in Kangding.
1.   A few days after I left, the company reached partnership with another hydropower station and purchased all the surplus power they couldn’t sell. A new factory was constructed and is ready to be fitted with new miners.
2.   The company sold 2P worth of old miners to make space for the new 16nm ones. We have paid the money but there had been delay. Once all the new miners are installed, we expect our hashrate to reach 20 P by mid-2016.
3.   Some people, many working at the hydropower station, bought bitcoin to speculate after the price spike earlier this month, and some got burned after the price plummeted.
4.   One worker quit - he needed girlfriend.
Friday, we went to Avalon, arguably the longest-lasting Chinese miner manufacturer. There we were met by two of their employees and together we drove two hours in drizzle to Langfang, Hebei, where the machines were assembled. The factory, located in a barren-looking suburban “industry park” is modest in size. By the number of electrical bicycles - the most popular means of commute in small cities these days, parked, I estimate that the employee number is between 50 and 100.
Photo-taking was generally not allowed, though I managed to take a few snapshots.
The new machine features the latest 18nm chips. Each shiny unit packed 3.65 T hash power and consumes 1050 watt of electricity, according to the company’s own website - we have yet had a chance to test them out to verify the number.
The price on their website is 10BTC per unit, though I can’t reveal the specific price we paid, it is much cheaper than this and even cheaper than the 8,000 yuan per unit price in the market.
In total, we have bought 1,600 units of A6. The first truckload of 800 will leave the factory today and the rest will leave on Monday.
My colleague Xiaoxiao told me that once all the new miners, including other batches ordered from Antminer and another manufacturer, the total hashrate will eventually stabilizes at 21 to 25 P.