The Bitcoin Group #187 - Bitmain Evaluation - Bitcoin Worthless? - Bcash Split - Hydro Dam

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Featuring…

and Thomas Hunt (https://twitter.com/MadBitcoins)

THIS WEEK:

Bitcoin and other cryptocurrencies are useless - Show me the money
https://www.economist.com/leaders/2018/08/30/bitcoin-and-other-cryptocurrencies-are-useless

Bitmain Losing Money But Still Has ‘Legendary’ Potential: Research
https://www.ccn.com/bitcoin-giant-bitmain-likely-losing-money-still-has-legendary-potential-bitmex-research/

Bitmain Lost $328 Million Buying Bitcoin Cash, According to BitMex Research - Bitcoinist.com
https://bitcoinist.com/bitmain-lost-328m-bitcoin-cash-bitmex/

“#Ebang just announced their E11 and E11+ miners. These miners use 10nm chips and rumor has it that their performance will surpass anything on the market.” https://twitter.com/Excellion/status/1034050502177124352

"At its core Bitmain is a chip company developing chips optimized for cryptocurrency mining, and it has failed to successfully deploy a next gen chip since 2016"
https://twitter.com/Techmeme/status/1034040536762646530

A Fight Is Breaking Out Over Bitcoin Cash – And It Just Might Split the Code - CoinDesk
https://www.coindesk.com/a-fight-is-breaking-out-over-bitcoin-cash-and-it-just-might-split-the-code/

Hydroelectric Dam in Valatie Falls, NY To Be Restored and Dedicated to Crypto Mining Operation | XBT.net
https://xbt.net/blog/hydroelectric-dam-in-valatie-falls-ny-to-be-restored-and-dedicated-to-crypto-mining-operation/

Bullish Sign? Bitcoin Reddit Traffic Rises For the First Time Since 2017 - Bitcoinist.com
https://bitcoinist.com/bitcoin-reddit-traffic-rises-since-2017/

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