Antminer S9 to be sold only for Bitcoin Cash

The largest Chinese manufacturer of mining equipment, Bitmain, will accept only Bitcoin Cash
06 October 2017   3341

The largest Chinese manufacturer of mining equipment, Bitmain, announces that from now on it will accept only Bitcoin Cash when selling the latest ASIC-miners.

According to Jihan Wu, Bitmain co-founder, the main reason for the decision was Bitcoin Cash’s lower transaction fees compared to Bitcoin. The man also recommends others to follow Bitmain’s lead.

Bitcoin Cash has a roadmap that will keep the transaction fees always low, and every sane manager should consider accepting Bitcoin Cash as a payment option to save the transaction cost for their customers and shareholders.
 

Jihan Wu
Bitmain co-founder

Some reddit.com users have already suggested that the Bitmain initiative may increase the demand for Bitcoin Cash. 

Bitcoin Cash price chart on coinmarketcap.com
Bitcoin Cash price chart on coinmarketcap.com

As shown, at the time of writing, Bitcoin Cash price is about $354.55, which allows it to occupy the 4th poistion in the list. It's market capitalization is $5,911,807,858.

Bitmain to Invest $3M in Fraud-Fighting Startup

The tribeOS platform runs on Bitcoin Cash blockchain and specializes in developing solutions to counter fraud in the advertising business
09 August 2018   191

The Chinese manufacturer of mining equipment Bitmain invested $ 3 million in the tribeOS startup.

The tribeOS platform runs on Bitcoin Cash blockchain. Startup specializes in developing solutions to counter fraud in the advertising business.

It is known that advertisers annually lose about $ 19 billion due to falsifications of statistical data and traffic.

As the developers stated, the automated digital media market with solutions from tribeOS will start operating in 2019.

Also, tribeOS, together with the Bermuda Business Development Agency
intends to create a FIRE token with the help of Bitcoin Cash. Among the startup advisors is the ardent supporter of the Bitcoin Cash fork, Roger Ver and the senior software engineer at Coinbase, Josh Ellitorp.