Karpeles to Pay Off Mt. Gox Users at Curreny Rate

According to former had of well known Bitcoin exchange, he "don't want this billion dollars"
04 April 2018   586

The former head of the once largest bitcoin exchange, Mt.Gox, once again apologized for his actions during the collapse of his company in 2014.

Mark Karpeles published a message on Reddit to former exchange users, many of whom have been trying to get their own money back for several years. Karpeles rejected the idea that he could get out with a huge amount of money.

As previously reported, Mark Karpeles can receive hundreds of millions of dollars in bitcoins, if the calculation with creditors will be made in accordance with Japanese laws, that is, in yen at the rate at the time of declaring bankruptcy of the company.

According to Karpeles, his company and himself could receive over 160,000 bitcoins and Bitcoin Cash or more than $ 1 billion at the current rate.

I don't want this. I don't want this billion dollars. From day one I never expected to receive anything from this bankruptcy. The fact that today this is a possibility is an aberration and I believe it is my responsibility to make sure it doesn’t happen. One of the ways to do this would be civil rehabilitation, and as it seems most creditors agree with this, I am doing my best to help make it happen. I do not want to become instantly rich. I do not ask for forgiveness. I just want to see this end as soon as possible with everyone receiving their share of what they had on MtGox so everyone, myself included, can get some closure.
 

Mark Karpeles

Former head, Mt. Gox

Unfortunately, in his message, Mark hadn't provide details of future calculations, which may have great impact on the cryptocurrency market. Earlier it became known that trust manager of Mt.Gox sold bitcoins and Bitcoin Cash for $ 400 million, which is associated with negative dynamics at the end of the past - the beginning of this year.

Ebang to Unveil New BTC Mining Devices

As reported, 10-nm process technology based Ebang E11 miners can reach 44 TH/s performance
25 September 2018   109

The Chinese manufacturer of mining equipment Ebang Communication revealed details about the new line of E11 devices, CCN reports.

At World Digital Mining in Tbilisi, the company introduced three new devices. Based on the 10-nm process technology Ebang E11 miners can reach 44 TH / s. According to the information on the company's website, new miners will go on sale in the near future.

Ebang Mining Devices
Ebang Mining Devices

On the advertising pic there are new devices: E11 (30TH / s), E11 + (37TH / s) and the most powerful E11 ++ (44TH / s)

Main competitor of Ebang - Bitmain - had introduced a high-performance chip BM1391 last week based on 7nm process technology. It is noteworthy that the device E11 ++ from Ebang in its effectiveness exceeds the flagship chip from Bitmain only 2J / TH.

The first information about the new line of miners from Ebang appeared in August.