Bitcoin Startup HashRabbit Earns $500,000: Shows Bitcoin is not Dead
Okay, there is good news and there is even better news. Shall we relay the good news first? The good news is that another bitcoin company has managed to raise a substantial amount of money, which it will likely use to grow and expand over the next quarter. The even better news is the fact that despite massive fluctuations in price, the recent attacks and hackings (the most recent involving Coinbase) and the overall level of doubt surrounding the digital currency, bitcoin is continuing to make a name for itself and pave its way through the crowds with a loyal group of followers behind it.....
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HashRabbit, a startup that supplies enterprise-focused software to facilitate the management and security of bitcoin miners, has raised $500,000. The funding comes from Tim Draper's Draper Associates along with VegasTechFund, an investment firm run by Zappos founder Tony Hsieh. Alongside the funding announcement, HashRabbit is making its software suite available to all bitcoin miners. The company also has announced a partnership with mining hardware manufacturer Spondoolies-Tech, whose gear is compatible with HashRabbit's management software. Chris Shepherd, co-founder and CEO of....
The Dead finished its last shows this summer without Jerry Garcia but with the remaining members of the band. Front man for the band Phish, Trey Anastasio took Garcia’s role for the shows. The final concerts at Soldiers field in Chicago had crowds of over 61,000 dead heads and Phish fans in attendance. With Phish concerts and festivals comes a very large....
To Ƀ or not to ฿? That is the question posed by designer Melissa Volkmann, who recently penned a blog post calling on bitcoin companies to rethink the industry's creative direction. The self-confessed 'tech nerd', who heads up design at mining software firm Hashrabbit, is on a quest to "refresh public perception" about digital currency and increase its consumer appeal, starting with the businesses currently operating in the space. In this interview, we discuss the industry's biggest creative flaws, bitcoin's lack of designers and Volkmann's earliest experiences with the 'magic internet....
Bitcoin has jumped more than 10% in the last 24 hours as the coin’s price reaches $47.5k. Past pattern may shed light on whether this is just a dead cat bounce or a lead up to a real move up. Bitcoin Netflows Of Past Dead Cat Bounces Compared As pointed out by a CryptoQuant post, a look at the BTC netflows of the past cycles may reveal the pattern that dead cat bounces have followed historically. The Bitcoin exchange “netflow” is an indicator that’s defined as the difference between the inflow and the outflow. When exchanges observe higher inflows compared to the....
Bitcoin is dead. Bitcoin is dead, cry the critics. Like vultures at a funeral, financial pundits are circling. Each one is vying to print their "I told you, so"'s before the other - fighting like starving dogs over table scraps. Benign Parsimony. Bitcoin is dead, they say again. Miner's are shutting down. Services are running off with customer's coins. Bitcoin is a Ponzi Scheme. The Bitcoin CEO was arrested. Bitcoin is for drugs and money laundering. The price is falling, the price is falling. Hey... Henny Pennying is big business but I don't picture these individuals as Chicken Littles.....