Crypto Biz Magazine—July, 2014/Issue.02

hard ware manufacturer known for their Antminer line
of products. They’ve got a solid track record within the
Bitcoin mining space, because there’s something they
do a little bit differently than their competitors: they
don’t do preorders. They only sell products that are
either in-hand or are very close to being in-hand—never
vaporware. While this can hardly be considered good
for them, as preorder capital is delicious, it is
definitely good for their customers, who can
be certain of receiving their products when
they expect them—and not 6 weeks later,
when their profitability might be seriously
different. Antminer is just about to send
out Batch 4 of their new S2, a 1TH/s miner
with pretty low power consumption at ~1100
watts from the wall and a price point of
3BTC. You can check it out here.
ATM is a profitable business—maybe enough to justify
the price tag.
The guys at the College Crypto Network are pushing
the cause forward among the most receptive demographic
out there—college students. As a rule, students
are fed up with the predatory banking system, fed up
Butterfly Labs, the best-known and largest producers
of mining hardware, also attended the conference.
This weekend though, when I asked, they wanted to
show off something a little bit different. Rather than
their mining machines, they were focused on their new
hardware wallet, the BitSafe. They had a demo copy
flashing through a few of the default screens.
Butterfly Labs’ BitSafe lets you create
and store addresses, label them however
you’d like, display QR codes, send and
receive payments, and so on. It pretty
much does everything, while remaining
immune to intruders—and to water! It’s
not quite available yet, but it will be soon.
Check in with Butterfly Labs soon to
order one yourself!
CoinOutlet is a very young company—
so young, in fact, that their website is
just getting finished up! They were onsite
showing off their Bitcoin, Dogecoin,
and Litecoin ATM Kiosk! It’s a nice piece
of machinery with a relatively simple
process for first time buyers—my only
complaint was the price. At $5,000
per model, you’d have to be certain of
placing it in a high-traffic area for it to
be worth the investment. Still, running an
with student loan garbage, distrustful of the government,
and excited about new technology. Who better
to pitch the cause of cryptocurrency to? The CCN was
there taking names and contact info, looking to start
up more and more campus groups—as well as getting
commitments from potential guests that they would
shop around to groups who would like to host speakers.
Grassroots activism like this is the way to move us
forward, and I was glad to see some fellow young faces
around the conference hall—bright-eyed and looking
forward to a Bitcoin-powered future.
Another company I hadn’t heard of but whose acquaintance
I was glad to make, CrowdCurity, is a
July.2014 Page.53 Crypto Biz Magazine