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| August 19, 2018

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She was too short to be a flight attendant. Now she runs the world’s largest cruise line

August 19, 2018 |

Christine Duffy, 56, is president of Carnival Cruise Line, the world’s largest cruise company with 26 ships, more than 40,000 employees and 5 million passengers a year. She took the post shortly after several calamities at sea tarnished the image of the cruise industry at a time when the U.S. was…

L.A. Times – Business

In an Ancient Jar, World’s Oldest Cheese Is Found

August 17, 2018 |

For thousands of years beneath Egypt’s desert sands, a solidified whitish substance sat in a broken jar. Scientists now say it’s “probably the most ancient archaeological solid residue of cheese ever found,” per the AP . Archaeologists came across the finding while cleaning the sands around a 19th-dynasty tomb at the…

With world’s attention on Rohingya Muslims, Christians in Burma also face brutal persecution

August 17, 2018 |

While the world’s attention has been fixed on the horrific violence against the minority Rohingya Muslim population, Christians also face an ethnic cleansing campaign at the hand of the Burmese Army and associated militias.
FOX News

1.4M People, Less Than 2 Square Miles: Welcome to World’s Most Crowded City

August 16, 2018 |

Stretch out your arms and explore that personal space bubble. Now, feel the envy of those living in Paris or Kathmandu. They’re among the most crowded cities in the world, according to a 24/7 Wall St. ranking, based on the number of residents per square mile. Topping the list is…

Bitpico Cashes Out, Claiming BTC to Be “World’s Most Manipulated Commodity”

August 5, 2018 |

Bitpico, a controversial mischief-maker within the world of bitcoin, has allegedly rage-quit BTC altogether. The pseudonymous entity, who has previously caught attention for stress-testing the Bitcoin Cash network and trying to keep Segwit2x alive, has now reportedly washed his hands of Bitcoin core altogether. There remains the possibility, however, that it’s merely the latest publicity stunt from a notorious troll.

Also read: A Character Called Bitpico Thinks He Can Stress-Test the BCH Network

Bitpico Allegedly Rage Quits on Bitcoin Core

Bitpico was last in the news six weeks ago, when we reported that his crew were stress-testing the Bitcoin Cash network – and not out of love for it. Bitpico has made no secret of his dislike for BCH, but now it appears he’s fallen out of love with BTC too. In a tweet that strongly reeked of a hack or publicity stunt, Bitpico wrote on August 4: “We are no longer bullish on #bitcoin $ btc & dumped all @ 8300 USD. We’ve put our farm up for sale also. Why? We no longer want to participate in the worlds most manipulated commodity. Bitcoin is now just a shit show. Good luck!”

The claim caught the attention of the crypto community, but was met with short shrift:

Bitpico Cashes Out, Claiming Bitcoin to Be “World’s Most Manipulated Commodity”

Others have speculated that Bitpico was a Bitcoin Cash shill all along, and that his team’s failure to successfully topple the BCH network was an attempt to demonstrate its strength, citing his sudden dismissal of BTC as proof.

Bitpico Deletes All Tweets

In addition to defiantly declaring BTC to be the world’s “most manipulated commodity”, and claiming to have sold his coins at the recent top, Bitpico went on to delete all his remaining tweets. He also updated his Twitter bio, reaffirming his opinion that “Bitcoin is fully manipulated shit show. Just say no.” If Bitpico was seeking to catch attention by throwing his toys out the pram, he certainly succeeded. Few people are prepared to take his claims seriously however.

Bitpico Cashes Out, Claiming Bitcoin to Be “World’s Most Manipulated Commodity”

Bitpico has a history of making threats and then never following through with them. As previously reported by “[In November] Bitpico explained that his team was carrying out the Segwit2x fork whether people liked it or not and claimed to have 30 percent of the hashrate…Following Bitpico’s threats this past November, nothing ever happened, and his 30 percent of hashrate never came to fruition.” He also previously threatened to DDoS the Lightning Network, but once again, nothing happened.

It’s possible that Bitpico’s non-existent hashrate, sloppy coding, and ineffectual DDoS army is accompanied by shoddy infosec, resulting in his Twitter account being hacked. It seems likelier, though, that he’ll return in a few days, promoting a new agenda with equally lackluster results.

Do you think Bitpico has really sold all his BTC? Let us know in the comments section below.

Images courtesy of Shutterstock, and Twitter.

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

The post Bitpico Cashes Out, Claiming BTC to Be “World’s Most Manipulated Commodity” appeared first on Bitcoin News.

Bitcoin News

Canaan Creative Announces World’s First Mining TV Set

August 4, 2018 |

Canaan Creative Announces World’s First Mining TV Set

The world’s second largest manufacturer of bitcoin miners, Canaan Creative, has unveiled what the company describes as the world’s first bitcoin mining TV set.

Also Read: High Times Becomes the First IPO to Accept Cryptocurrencies

Canaan Creative to Launch Avalon Mining Television

Canaan Creative Announces World’s First Mining TV SetCanaan Creative has announced that it plans to sell a 43” television set that doubles as a bitcoin mining rig – dubbed the “Avalonminer Inside.”

Canaan, the world’s second largest manufacturer of mining rigs, stated that its television is equipped with A3210 16nm ASIC chips and is capable of processing at a power of 2.8 terahashes per second. Canaan also states that the Avalon mining TV is powered by artificial intelligence, can calculate the profitability of bitcoin mining in true-time, will include a voice control feature, and features 4K resolution.

The television will also facilitate the purchase of entertainment content or physical gifts through Canaan Creative’s platform. Canaan has indicated that it plans to predominantly sell the Avalonminer Inside to businesses intending to distribute the TVs to retail customers.

Canaan Expands Product Line

Canaan Creative Announces World’s First Mining TV SetEarlier this year, Canaan filed for initial public offering with the Hong Kong stock exchange. According to its filing, the company took in $ 1.3 billion yuan (approximately $ 200 million USD) during 2017 – comprising a 27-fold increase in its year-over-year revenue. The company sold almost 300,000 Avalon mining rigs in 2017, reportedly representing 19.5% of the processing power generated by the global mining industry.

In its filing, Canaan indicated its desire to expand its product line, stating: “If we cannot maintain the scale and profitability of our single line of system products and, at the same time, offer new products, our ability to continue to grow will suffer.”

Beijing-based analyst, Xiao Lei, has largely dismissed the project, describing the mining television as “look[ing] more like hype,” adding “It will be more meaningful if these companies are able to embed the mining function into existing major TV brands.”

The company has indicated that it has no plans to develop additional cryptocurrency-centric home appliances.

What is your reaction to Canaan’s mining TV? Share your thoughts in the comments section below!

Images courtesy of Shutterstock

At there’s a bunch of free helpful services. For instance, have you seen our Tools page? You can even 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 Canaan Creative Announces World’s First Mining TV Set appeared first on Bitcoin News.

Bitcoin News

Apple is the world’s first publicly traded trillion-dollar company

August 2, 2018 |

Apple has become the world’s first publicly traded company to be valued at $ 1 trillion.

The milestone marks the financial fruit of stylish technology that has redefined society since two mavericks named Steve started the company 42 years ago.

The peak reached Thursday seemed unimaginable in 1997…

L.A. Times – Business

World’s ‘Most Widely Accepted Boundary’ May Be Wrong

July 26, 2018 |

Astrophysicist Jonathan McDowell calls the Karman Line the world’s “most widely accepted boundary.” It’s otherwise known as the point where space meets Earth’s atmosphere, and since before the launch of Sputnik, it’s thought to have hovered 62 miles above our heads. Until now. In a new study , McDowell argues the…

Latest ranking of world’s top 10 airlines does not include a U.S. carrier — again

July 19, 2018 |

An annual ranking of the world’s top airlines has once again shown that passengers around the globe don’t think highly of U.S. carriers.

The top 10 ranking, based on surveys of more than 20 million travelers worldwide, was dominated this year by airlines based in Asia and the Middle East.

At the…

L.A. Times – Business