News Update: 23/10/19

Let the world know

           1.HTC Launches Exodus 1S, First Phone That Can Run a Full BTC Node

           2.Bitmain Launches ‘World’s Largest’ Bitcoin Mining Facility in Texas


1.HTC Launches Exodus 1S, First Phone That Can Run a Full BTC Node

Taiwanese electronics manufacturer HTC has launched its second blockchain powered phone, the Exodus 1s is second phone after Flag ship phone Exodus 1, Exodus 1s empowers users to support full bitcoin node according to webpage of  HTC Exodus1s . The phone was launched on 19 October.


The Exodus 1s is a smaller, low-priced form of HTC’s built-in hardware wallet Exodus 1. Consolidating a lightweight form factor, secure hardware and  simple -to-use software, the EXODUS 1s is a unique bank in your hand. The new device is available to buy using Bitcoin, Ether (ETH), Litecoin (LTC), Binance Coin (BNB) and Bitcoin Cash. HTC claims the 1s will transfer financial services to individuals.


Exodus 1S


“We are providing the tools for access to universal basic finance; the tools to have a metaphorical Swiss bank in your pocket,” said Phil Chen, chief decentralized officer at HTC, in a statement.


The new smartphone comes to the market at a cost of €219 ($244), which is about a third of the cost of its predecessor, the Exodus 1. The smartphone additionally has a built-in hardware wallet to help users safely store cryptocurrencies. By default it comes with 4 GB of RAM and 63 GB of storage, and runs on Android Oreo 8.1


So now  HTC has two crypto-friendly phones, the Exodus 1 and the Exodus 1s. These days, HTC has a new term to describe its crypto-friendly Exodus phones; on the Exodus website, it says  “SMARTPHONE + HARDWARE WALLET = CRYPTOPHONE”. This means that HTC is currently selling two cryptophones.


These are the specs for the HTC Exodus 1s:

  • 5.7” HD+ 18:9 display
  • Qualcomm® Snapdragon™ 435 processor
  • 3000mAh battery
  • Android Oreo 8.1
  • 64GB of storage and 4GB of RAM


The smartphone will be available in 27 countries across Europe and the Middle East, including Germany, Greece, Saudi Arabia and UAE. It is as of now not ready for sale in the U.S.


2.Bitmain Launches ‘World’s Largest’ Bitcoin Mining Facility in Texas

Bitmain A Leading Application Specific Integrated Circuit [ASIC] producer has declared the launch of a 50MW cryptocurrency mining farm in the US state of Texas according to the news published on its official blog post .


The farm has been established in the city of Rockdale and the Chinese company held hands with Rockdale Municipal Development District (MDD) and DMG for streamlining its activities at the new venue.


Clinton Brown, Rockdale Lead Project Manager for Bitmain.said, “We are excited to launch this facility, which is significant to Bitmain’s global expansion plans. The stable and efficient energy resources in Texas are fundamental to the inevitable scale of growth for the cryptocurrency mining industry,”


Bitcoin Mining Facility


The aim of new mining facility is to make it the biggest digital asset mining facility on the globe. Initially, the facility will have a limit of 25MW, spanning across 33,000 acres of land owned by Aluminum Company of America (Alcoa).


The development of the first phase is complete, Bitmain will keep to expand the facility to touch 50MW of capacity. In addition, the site has been designed to expand the mining operation up to 300MW.


“This mining facility marks a major milestone in the development of the mining farm industry. We are proud to partner with Bitmain, the leading innovator in this sector”, said Sheldon Bennett, COO of DMG, which will manage and operate the mining facility in Rockdale.


Bitmain has plans to work with the local school district to give education and training on blockchain technology and mining data centre operations.

news update
news update

Leave a Reply

Your email address will not be published. Required fields are marked *