Bitcoin Plaza

Wednesday, August 5, 2015

Bitcoin Funded Debit Cards Announced by Licensed Bitcoin Exchange Bit-x

Bitcoin Press Release: Licensed UK Bitcoin exchange Bit-x recently released Bitcoin debit cards fully funded by users’ cryptocurrency balances. Bitcoin enthusiasts and professionals can now spend Bitcoin worldwide, anywhere debit cards are accepted – online, in-store, and withdraw cash from ATMs at any location.

Licensed UK based cryptocurrency trading platform Bit-x.com offers a range of services including Bitcoin, Litecoin, and GH/s trading and Bitcoin cloud mining. Bit-x are now proud to present the future of Bitcoin debit cards issued and processed by Bit-x’s exclusive bank partner.

Bit-x Card’s can be used anywhere debit cards are accepted. Users can withdraw money from ATMs worldwide, direct from their Bit-x account containing BTC, LTC, USD, EUR and GBP. The card can also be used for online shopping and at point of sale (POS) terminals worldwide. Bit-x’s trading platform is also offering free trading with no fees until September.

Bit-x Bitcoin Debit Card’s are designated in either USD or EUR, and can be ordered from any country in the world. No verification is necessary to begin using the card, however basic verification comes with added benefits allowing users to deposit sums that exceed 300 USD of BTC, LTC, USD, EUR and GBP.

With Bit-x’s debit card users do not have to manually fund cards for each use: funds are pulled direct from users’ Bit-x wallet. When paying online, in ATMs, or in shops, Bitcoins are exchanged. Funds are exchanged in real-time as the transaction is executed at the current market exchange rate, eliminating Bitcoin price volatility issues.

Transparent Bit-x is a licensed cryptocurrency and mining trading platform secured with two-factor authentication, and multi-signature addresses and transactions. Registering an account requires SMS authorization, and SMS powered 2FA guarantees the security of customer accounts. Bit-x has PCI DSS certification and the experienced team offers outstanding customer service 24/7, professionalism, and an attention to detail rarely seen in Bitcoin start-ups.

Card registered users can access recovery settings for their personal Bit-x account; ensuring accounts may be recovered in case of emergency. For added security no login details can be obtained from the debit card itself. In this regard Bit-x is a step ahead of even mainstream banks’ security processes.

Creating an account and ordering a card is as easy as obtaining an email address. Users simply go to Bit-x.com, and register with a mobile phone number and password of their choice. To order a card users click on balance, select a currency and press “Order Bit-x Card”, and fill in a short form. DHL is a shipping option, for extremely fast delivery of just a few business days. Once the card and pin-code is received, users can activate the card in less than a minute in the user-friendly Bit-x account area. The account holder remains in control of their funds with embedded tracking tools at all times.

The Bit-x Card is a classic sleek black travel debit card with an embedded chip. The card features individual account ID number, expiry date, and CVC2 number on the back.

The Bit-x website features a user-friendly interface and minimalistic design. The login procedure is hassle-free and only requires the account mobile number.

With the launch of Bit-x’s debit card a new era of Bitcoin and digital currency usability has arrived. Novice and experienced cryptocurrency users alike can enjoy spending their funds online, in shops, and from ATMs worldwide with more freedom and anonymity than a traditional bank can offer.

About Bit-x:

Bit-x is a licensed Cryptocurrency and mining trading platform which adheres to all relevant KYC and AML guidelines. Secured with two-factor user authentication, multi-signature addresses & transactions and PCI DSS certification, the platform is efficiently delivered with comprehensive professionalism and meticulous attention to every detail. Trading currencies include BTC, LTC, USD, EUR, GBP and GHs. Mining capacities are provided by BitFury.

BIT-x.com is a trademark of XBIT Ltd, a licensed forex participant. Bit-x is based at Portland House, Bressenden Place, London, SW1E 5RS, United Kingdom.

For more information please visit: https://Bit-x.com/

Media contact

Name: Alex Shultz, Bit-x CEO

Email: media@bit-x.com

City and Country Location: London, UK

This press release is for informational purposes only. The information does not constitute investment advice or an endorsement by Bitcoin Magazine or BTC Media, LLC. Bitcoin Magazine does not certify the accuracy of the above information provided by Bit-x.

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Bitcasino.io Launches Sportsbook And Chance To Win 20,000 mBTC

BitCasino.io, the world’s first legally licensed and regulated online Bitcoin-only casino gaming operator, has announced the launch of its sportsbook for the new English Premiership football season commencing 8th August 2015.

The new bitcoin sportsbook will provide over 10,000 live betting markets per week, including popular fast-developing betting markets such as MMA and eSports.

A spokesperson for BitCasino.io said,

“We have over 100,000 Bitcoin players and many of them have been asking for the ability to place sports bets with our brand. This new sportsbook allows our players, the ability to place larger bets on sport with better odds, instant deposits and cash-outs compared with based operators.

To celebrate the launch of our new sports book, we have a competition to win 20,000 mBTC. It is open to new and existing players, who shall compete in a prize pool to correctly name the football team that scores the most goals during the first weekend of the English Premiership. For more, details please visit our website.”

-Ends-

Editors Notes

About Bitcasino.io (www.bitcasino.io)

Bitcasino.io is the world’s first legally licensed and regulated online Bitcoin-only gaming platforms. Kopikas Enterprises d.o.o. has been granted a gambling license to conduct online gaming operations by the government of Montenegro under the License# 0042 for the website BitCasino.io

Bitcasino.io offers more than 750 casino games, including over €10,000,000 worth of jackpots, blackjack, live dealer casino table games, dice, baccarat, and lotto. Bitcasino.io has the most games, utilizes the latest HTML5 technologies, and offers players the highest limits.

Bitcasino.io’s team of 25 dedicated staff provides 24/7 live chat support ensuring the friendliest service to a player base spanning 80 countries and a player base of over 100,000 players.

About Bitcoin PR Buzz:

Bitcoin and Blockchain Focused HashingSpace Retains Services of Ross & Baruzzini to Design Its Fortress One Data Center

HashingSpace Corporation (OTCQB: HSHS) announced today that it has secured the services of Ross & Baruzzini, a leading architectural and engineering firm specializing in mission critical facilities to design HashingSpace’s state of the art data center. HashingSpace’s mission is to build out key infrastructure for the global adoption of Bitcoin and Blockchain services with hosted ASIC mining.

WENATCHEE, WA / August 5, 2015 / HashingSpace Corporation (OTCQB: HSHS), a Bitcoin ASIC mining and hosting company, announced today that the company has reached an agreement for the services of Ross & Baruzzini to design HashingSpace’s state of the art, Fortress One Data Center.

For more than 60 years, Ross & Baruzzini has tackled challenging and ambitious advanced engineering and architecture projects across the globe. Energy-efficient design is the foundation of every building and infrastructure project the firm manages. Ross & Baruzzini designs facilities that require long-term, high-performance solutions that are cost effective, energy efficient, and easy to maintain. Their architects and engineers design and plan the systems that enable buildings to perform 24/7, including mechanical, electrical, plumbing, fire protection, communications, and more. By ensuring that these systems are fully integrated with each other and with the building structure, processes operate with maximum efficiency.

“To accomplish the primary goal of our company, we needed a leading architectural and design firm to create the most efficient data center that has ever been built,” stated Timothy Roberts, CEO of HashingSpace Corporation. “The innovative Ross & Baruzzini is just the company to design the most technologically advanced and energy efficient data center that the Bitcoin and blockchain services industry has ever witnessed. Our customers and shareholders will be pleased to learn that they are part of a leading edge, energy efficient solution that is purpose built for the high-intensity requirements of Bitcoin mining and blockchain transactional verification.”

Michael Shea, AIA, Director of Ross & Baruzzini’s Mission Critical Group adds,

“Much has changed since we first collaborated with Tim Roberts who was the visionary for the design of advanced data centers in in the late 1990s in New York, San Francisco, and St. Louis. Ross & Baruzzini is embracing the latest advanced technologies in the design of this next generation, eco-friendly data center for high intensity hosting in Wenatchee, Washington to maximize efficiencies in data, power and cooling systems to support the HashingSpace mission.”

To take a tour of the proposed Fortress One Data Center, please click on the youtube HashingSpace channel link.

HashingSpace Corporation’s business will provide a wide range of services to include:

· HASHHOSTING Servers fully managed and specifically set-up for ASIC MINING
· CLOUDHASH Cloud mining servers that can be rented with full hashing power
· HASHMINING Our own Mining Farm
· HASHATM Owner and operator of Bitcoin ATM machines
· HASHWALLET Bitcoin consumer wallet for bitcoin banking and transactions
· HASHPOOL Public Stratum and P2Pool (Web/IOS/Droid)
· HASHTICKER Free Ticker for tracking Bitcoin Value (Screen Saver/Web/IOS/Droid)
· HASHVAR A wholesaler of Bitcoin servers and Bitcoin ATM machines

All company information, including stock trading, filings, and market data related to the company, is reported under the ticker symbol, HSHS.

About HashingSpace Corporation

HashingSpace Corporation is a Bitcoin ASIC mining company, hosting provider, and service provider of blockchain transactional services. HashingSpace’s high density datacenters are designed to meet the demanding power and cooling needs of client hosted Bitcoin mining gear with unparalleled pricing, cooling and green energy. The Corporation is continuing to expand its datacenters to satisfy the shortage of low cost hosting facilities catering to the Bitcoin and blockchain mining and transactional verification services industry specifically.

HashingSpace Corporation manages HashWallet, a Bitcoin wallet; HashPool, a Bitcoin
mining pool; and HashATM, the owner and operator of Bitcoin ATM machines. The company is a wholesaler of Bitcoin mining servers and Bitcoin ATM machines. Bitcoin businesses interested in reselling HashingSpace products and services are invited to reach out to HashingSpace Corporation for more information.

HashingSpace Corporation is headquartered in Wenatchee, Washington. For more information, visitwww.hashingspace.com.

Any unreleased services or features referenced in this or other press releases or public statements may not be currently available and may not be delivered on time or at all. Customers who purchase HashingSpace services should make their purchase decisions based upon features currently available. For more information please visit http://ift.tt/1Bkk5H0 or call 1-855-HASHING (427-4464).

Safe Harbor Statement

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements are based on the current plans and expectations of management and are subject to a number of uncertainties and risks that could significantly affect the Company’s current plans and expectations, as well as future results of operations and financial condition. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Company Contact:

HashingSpace Corporation
5042 Wilshire Blvd. #26900
Los Angeles, CA, 90036
855 – HASHING (427-4464)

Investor Relations: ir@hashingspace.com

About Bitcoin PR Buzz:

Bitcoin PR Buzz has been proudly serving the PR and marketing needs of Bitcoin and digital currency tech start-ups for over 2 years. Get your own professional Bitcoin and digital currency Press Release. Click here for more information.

Ethereum Network Begins Thawing Process in Anticipation of the Start of Trading

Ethereum is finishing its ‘Thawing’ phase, designed to help the network grow organically at a slow and steady pace. In a matter of hours, the network will be handling transactions and trading will begin. Ethereum CCO Stephen Tual published a new block post asking miners are asked to update their clients.

Tual published an update last night on the thawing process that Ethereum has been engaged in since its recent launch. Until now, miners were able to verify and add blocks to the blockchain, but no transactions were possible because of an artificially low limit on how much ‘gas’ could be spent on the network.

This artificial limit is ready to be lifted, but it requires miners to update their Ethereum clients to the latest version. Tual writes: “The thawing pull request has been merged for the Go client and the Master branch has been updated. If you’re still running branch release 1.0.0 please switch to Master.”

For users implementing a C++ Ethereum client, he suggests that, “they can also switch to master once merged, and binaries will be made available shortly.” He adds, “If you’d rather not update eth but still wish to help thaw the network, you can also just restart eth with an extra parameter of –gas-floor 3141592.”

The gas limit will not be released immediately, but will grow gradually. Ethereum’s gas price is determined by miners and how much of their computing power they are wiling to contribute to the network. If no miners update their client and raise the artificial limit they are willing to accept, then no transactions will be possible on the Ethereum network.

However, even if all miners raise the limit to the max, it will still take at least 28 hours to reach the max gas limit and at least 6 hours for the network to be able to process basic transactions. According to Tual, this is “because the protocol forces them to climb slowly at a certain rate. That rate is equal to previous block limit / 1024.”

He adds that “we’re going to reach 3M within 28h assuming a steady 15s block time including propagation. But here’s the thing – not all miners are going to update in time, some might forget and some might never update!”

What about trading?

Trading is expected to begin soon after Ethereum transactions can begin to happen. Various exchanges have confirmed that they will be trading Ether, including:

Gatecoin
Kraken
io
Poloniex
Yunbi
NXT’s asset exchange, backed by SuperNET.

How do I import my presale Ether?

If you bought Ether during last year’s presale, you’ll need to import the coins into an Ethereum wallet to be able to move them. This process is still somewhat technical and requires the use of a command line interface to an Ethereum node according to this guide.

Some exchanges will likely facilitate this process. If you are not comfortable with running a node and using the command line interface, more user-friendly options may be available within several days.

Coda Payments Partners with BitX to Offer Bitcoin Payment Gateway

Codapay, a Singapore-based alternative payments gateway provider, has partnered with BitX, a bitcoin exchange headquartered in Singapore, to enable merchants to process bitcoin payments in Southeast Asia.

“Given the low penetration of debit and credit cards in the region, we think Bitcoin holds great promise as a way for customers to transact online,” Neil Davidson, CEO of Coda said.

Bitcoin’s international accesbility and low transaction fees will make it much easier for local merchants to accept payments without paying 7 percent to 8 percent fees which they would normally pay in financial platforms such as Paypal.

Furthermore, the integration of BitX’s bitcoin exchange infrastructure would allow merchants to accept bitcoin and get paid in local currency, due to BitX’s real-time price conversion technology.

“Southeast Asia has some tremendous opportunities in the payments space: a very high percentage of smartphone users with huge growth in e-commerce, paired with a very low percentage of cardholders,” the BitX team announced on its blog. “This makes bitcoin a particularly attractive payment method, especially since the merchants enjoy zero risk from chargeback and fraud.”

Including bitcoin, Codapay has five main payment channels: Direct Carrier Billing, bank transfers, voucher redemption and cash payments at retail outlets.

Direct Carrier Billing enables merchants in Indonesia and Malaysia to pay telecom providers such as Telkomsel and Maxis.

LOT Polish Airlines Begins Accepting Bitcoin Payments

This week, LOT Polish Airlines, one of the world’s oldest airlines still in operation, has begun accepting bitcoin payments for flight tickets. Travelers all around the world can now purchase tickets to more than 60 destinations in Europe, the Americas, Africa and Asia.

“It is now possible to pay for tickets in such a way on lot.com, as well as in the mobile version and via mobile app,” the company announced on its corporate website.

The Polish airline recognized the growing market for bitcoin and the number of bitcoin users worldwide.

“It‘s just the matter of time when payments with the online currency will become as popular as using credit cards today,” LOT Sales and Distribution Executive Director Jiri Marek said in a press release. “We notice this potential, which is why we are one of the first airlines in the world to give its passengers the possibility of paying with Bitcoins as early as today.”

Customers will be able to pay for tickets fairly easily, unlike other retail giants and travel sites such as Expedia, which makes it extremely difficult to pay with bitcoin.

“The ticket price will be calculated in the standard currency selected by the passenger. Only at the last stage of the booking process, i.e. at the payment stage, will the PSP platform convert the purchase price into Bitcoins,” the company stated in its press release. “After approval of the amount and clicking the purchase button, the client will be redirected to the Bitcoin wallet, and the transaction will be finalized. The client will be all the time on the PSP platform.”

Ethereum Version Tailored for Banks Being Developed; Barclays Interested

Global banks and financial corporations already are showing strong interest in the recently released Ethereum Frontier and are planning to build unique blockchain applications that could potentially be implemented in the banks’ existing financial infrastructure, according to an Ethereum spokesperson.

International Business Times at Barclays who claimed that there are a few banks and hundreds of individuals building applications on top of the Ethereum blockchain.

According to the source, Barclays is interested in another version of Ethereum’s platform which will be tailored for banks. The bank is already experimenting with the platform, though not “in any great depth” because Ethereum is hard to debug, and it can be tested alongside its existing systems.

“You are talking about 100 or 200 people that are building stuff with this, and some of them are from banks,” the source said.

Furthermore, the source added that Barclays has groups and “pockets of innovation” in their innovation labs and accelerators looking into creating efficiency for banking systems. They are especially interested in the new bank-friendly version of Ethereum.

“There are several groups not directly affiliated with Ethereum investigating such a thing,” an Ethereum spokesperson told IBTimes. “Whole value proposition here depends on banks being open and working together. They don’t really do this. They seem to be worried about being competitive.”