A Mass Phony Email Sent to U.S. Media

Several U.S media sources received an email  from an individual claiming to be a representative of the People’s Bank of China (PBOC)  
08 February 2018   758

According to reports, a mailbox of the People’s Bank of China was hacked. The email which was sent to several U.S media resources contained a fake invitation to a press conference for media, the PBOC, and the Hong Kong Monetary Authority (HKMA).

The email claimed that on February 14  the HKMA and PBOC were about to jointly introduce new measures to crack down on all aspects of Bitcoin services between mainland China and Hong Kong.

According to the email, the HKMA and PBOC would have introduced new statutes that would end all businesses and services connected to the cryptocurrency industry.

In addition to this, the email indicated the implementation of new laws which could have made make crypto mining illegal.

Experts believe that this email was a kind of a bogus attempt to manipulate the price of Bitcoin and to cause more panic throughout the cryptocurrency community. The invitation could be a ruse of traders willing to profit from a further decline of cryptocurrencies.

According to the president of the Hong Kong bitcoin association, Leonhard Weese, the purpose of the email was to manipulate the news in order to have some effect on the price in a market. He believes that such kind of manipulation is effective in an immature market with a very low barrier to entry.

Fortunately, that was a mainstream media FUD.

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   118

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.