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Bitell---The Voice of Bitcoin from China.

Bitell is the pioneer in reporting Bitcoin news from China. It provides readers the latest news and information, Bitcoin industry trends, technologies, miners, practitioner companies, Chinese Bitcoiner communities and Bitcoiners' original stories etc. If you want to hear everything about Bitcoin and other digital currencies from China, Bitell is your first choice.
Bitcoin Fiction

New Money--A Rags-to-Riches Story of a Chinese Bitcoiner

A Serialized Web Fiction by Rockxie
2 days 14 hours 33 minutes ago
After receiving notification from Shangdi Branch of CBC(Construction Bank of China) yesterday at 16:15, Huobi made an announcement that due to obscure policy, Huobi decided to close all bank card deposit temporarily. But Huobi credit recharging is now reopened, people can still buy bitcoins by topping up credits which is supported by all mainstream banks. 

4 days 1 hours 21 minutes ago
As the world's first Asic miner maker, Avalon team now brings us its new 40nm Gen3 miner. With newly developed A3233 chip which is made by the world's biggest chip manufacturer TSMC, Gen3 miner is of higher efficiency and lower power consumption.Two types of products: 800G Hash Rate Avalon 3-module Complete Rig and 300G Hash Rate Avalon Single Module.

4 days 2 hours 50 minutes ago
With the deadline for the Chinese Bitcoin exchanges to be cut off from their bank accounts upon us as of today (Tuesday), the Bitcoin price is rising.Wait, what?As counterintuitive as it might seem, the CoinDesk Bitcoin Price Index is up about 10% today to about $500, although Bitcoin prices r…

4 days 3 hours 4 minutes ago
The price of bitcoin continued its upward trend on the CoinDesk USD Bitcoin Price Index (BPI) today, rising roughly 9% to top $500.As of press time, the price had increased roughly $43 over the course of the day, climbing from a low of $452.17 to a high of $514.72.The recent recovery, sparked by comments from People’s Bank of China (PBOC) governor Zhou Xiaochuan, continued as the 15th April deadline allegedly imposed by the central bank came and went w…

5 days 9 hours 5 minutes ago
Updates from ROCKMINER: 

5 days 9 hours 14 minutes ago
10am, 15 April BTCChina held a 'New Product Lauch Event' today at IC Coffee house of Shanghai. Two new products are lauched in the event: The first physical bitcoin ATM of China;The world’s first ATM on your phone --A web-based app 'Picasso ATM' 

6 days 13 hours 14 minutes ago
OKCoin has just announced that the recharging code officially launched. It's a new way to recharge and withdrawal. People can buy the code by following procedures as below:1. Pick one of the agents listed on the website;2. Contact the agent;3. The agent provides you with recharging code A and B phases;4. After recharging, you pay the agent; 5. Agent confirms the payment and recharging;6. Recharging complete.

6 days 14 hours 5 minutes ago
Firstly, let me start out by saying that we fully support the X11 Algorithm and that we do believe it is the future for many coins out there. Especially considering that Scrypt ASICs have already been spotted in the wild, and that there are new ASICs of an expected 250 MH/s!  The X11 Algorithm has its flaws though (cons), but do they outweigh all of the pros?  Without further ado, let’s take a look at the pros and cons of the X11 Algorithm.

6 days 14 hours 8 minutes ago
A new white paper from Allied Control, a technology cooling solutions provider, surveys the current large-scale bitcoin mining ecosystem and explores the implications of current and future cooling technologies.According to author Alex Kampl, Allied’s vice president of engineering, there are significant deficiencies in how mining hardware is manufactured and deployed worldwide. As a result, investors already involved risk losing money and new ones may be dissuaded from tak…

6 days 14 hours 15 minutes ago
6 days 14 hours 24 minutes ago
This might be the first and the latest overall review based on Avalon gen3 chips.Official chip specification from Avalon:Packaging Form: QFN48-7X7, 0.5mm pitchNormalWorking Volatge: 0.75VStandard Frequency: 600MHzSpeed:7.089GH/sPower Consumption:5.35W Energy Efficiency: 0.755J/GH ECO Mode Energy Efficiency: 0.58J/GTURBO Mode Energy Efficiency:1.00J/GBased on these parame…

9 days 7 hours 50 minutes ago
RockMiner updateTesting boards have arrived,one BE200 on each. But we found that there were something wrong with them, some of components bought from Huaqiangbei market can't work normally. We are working hard on this,more info will be given out soon.BTW,our testing room has been renovated.

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