{"id":23158,"date":"2014-08-14T17:07:34","date_gmt":"2014-08-14T21:07:34","guid":{"rendered":"http:\/\/insidebitcoins.com\/?p=23158"},"modified":"2021-08-21T15:42:28","modified_gmt":"2021-08-21T19:42:28","slug":"bitcoin-briefs-kncminer-baycoin-bazzar-overstock-bitpay-coinsetter-hemingway","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/bitcoin-briefs-kncminer-baycoin-bazzar-overstock-bitpay-coinsetter-hemingway","title":{"rendered":"Bitcoin Briefs: KnCMiner, Baycoin Bazzar, Overstock, BitPay, Coinsetter & Hemingway"},"content":{"rendered":"

NEW YORK (InsideBitcoins) — Here are the latest items crossing the Inside Bitcoins<\/em> news desk:<\/p>\n

\n

Mining manufacturer\u00a0KnCMiner<\/a>\u00a0says its Titan Scrypt Miner<\/strong> has finished its first run in fabrication with wafers being sent to the next step: encapsulation. The company is awaiting completion and the arrival of the finished chips in Stockholm, Sweden, where they\u2019ll move into the testing and assembly phase, for delivery. The Titan chip will use a PCB (board) with the same physical dimensions and footprint as the one utilized on their Neptune product, while requiring substantially lower wattage. It is also delivered using a new modular design system.<\/p>\n

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Bay Coin, LLC<\/a> today announced the first-ever bitcoin marketplace app<\/strong> Bitcoin Bazzar Local, available on both the iTunes App Store<\/a> and Google Play. Buyers and sellers from the same neighborhood can easily find each other using the built-in location service, and get the deal done in person. Primarily developed for the safety and convenience of cash payments, Bitcoin Bazzar does not handle fiat currency and also supports non-cash transactions.<\/p>\n

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Overstock.com<\/strong> expects sales paid with bitcoin will add 4 cents per share<\/strong> to its\u00a0earnings\u00a0this year, according to Reuters<\/a>. The national retailer began accepting the digital currency in January and has already logged more than $2 million in sales. CEO Patrick Byrne expects bitcoin sales to total $6-$8 million by the end of the year \u2013 mostly from new customers.<\/p>\n

\n

BitPay<\/strong>, the world leader in business solutions for the bitcoin digital currency, has expanded its San Francisco office<\/strong> with several new hires. \u00a0As part of the recent growth, the company has named Sonny Singh<\/strong> as its Chief Commercial Officer to oversee all sales operations. \u00a0With over 15 years of experience in helping to grow tech companies, Sonny will be responsible for increasing BitPay\u2019s customer base of over 40,000 merchants.<\/p>\n

BitPay has also selected Steve Pratt<\/strong> to serve as Director of Business Development. Pratt formerly worked at VISA for 21 years as a vice president in the healthcare markets industry. The company has also added Gregg Zigler<\/strong> as a Senior Software Engineer. \u00a0Gregg has spent 10 years working on PayPal\u2019s foreign exchange architecture.<\/p>\n

Worldwide, BitPay has grown to over 60 employees and has also hired Pierre Rochard, Hamish Eisler, Christopher Jeffrey, Jason Massey, Emily Vaughn, Andrew Mandel, Corey Glaze, Braydon Fuller, Ashley Wheeler, Ryan Foran, Alan Stoll and Josh Estes.<\/p>\n

\n

Coinsetter<\/strong>, Wall Street\u2019s low latency\u00a0bitcoin exchange<\/a>\u00a0and ECN, today announced the release of its institutional FIX API<\/strong>. With the announcement, Coinsetter becomes the very first bitcoin company to launch a FIX API, a widely-used electronic communications protocol for financial transactions.<\/p>\n

With the introduction of its FIX 4.4 API, Coinsetter allows customers to connect their existing trading systems to a consolidated source of bitcoin liquidity. Traders utilizing Coinsetter\u2019s FIX API are able to place and manage orders, as well as receive status notifications on these orders in milliseconds. The API also offers real-time, incremental market data updates (tick data) for Coinsetter\u2019s full order book, an important tracking feature that is not available on any other bitcoin exchange. Subscribers receive notifications on every change in Coinsetter\u2019s order book for thousands of price levels in real-time.<\/p>\n

\n

Republican gubernatorial candidate Andrew Hemingway<\/strong> is betting that Bitcoin could play a key part in New Hampshire\u2019s economy, and he\u2019s preparing a Bitcoin money bomb (or \u201cBitBomb”) to help him win the state\u2019s gubernatorial primary.<\/p>\n

The BitBomb603 (New Hampshire\u2019s area code is 603) will demonstrate the heretofore untapped political power of the digital currency community, especially in the light of the outcry over the State of New York\u2019s recent BitLicense.<\/p>\n

BitBomb603 will kicked off today and will finish 6 days and 3 minutes later on Wednesday, Aug. 20, at 6:06 p.m. Individual donors and corporations can each donate up to $5,000 per cycle ($10,000 if the donation includes both primary and general elections). Hemingway\u2019s goal is to reach $100,000 USD. Those who make donations of 6.03 BTC or more will receive special recognition on Hemingway\u2019s website (www.andrewhemingway.com<\/a>) and Twitter feed (@AndrewHemingway).<\/p>\n

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To submit an item, email\u00a0it to Hal@InsideBitcoins.com<\/em><\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

NEW YORK (InsideBitcoins) — Here are the latest items crossing the Inside Bitcoins news desk: Mining manufacturer\u00a0KnCMiner\u00a0says its Titan Scrypt Miner has finished its first […]<\/a><\/div>","protected":false},"author":33,"featured_media":23174,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[1],"tags":[5174],"class_list":["post-23158","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-more-crypto-news","tag-bitcoin-news-briefs-2"],"acf":[],"yoast_head":"\nBitcoin Briefs: KnCMiner, Baycoin Bazzar, Overstock, BitPay, Coinsetter & Hemingway - InsideBitcoins.com<\/title>\n<meta name=\"description\" content=\"Mining manufacturer KnCMiner says it's Titan Scrypt Miner has finished its first run in fabrication with wafers being sent to encapsulation.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/23158\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bitcoin Briefs: KnCMiner, Baycoin Bazzar, Overstock, BitPay, Coinsetter & Hemingway\" \/>\n<meta property=\"og:description\" content=\"Mining manufacturer KnCMiner says it's Titan Scrypt Miner has finished its first run in fabrication with wafers being sent to encapsulation.\" \/>\n<meta property=\"og:site_name\" content=\"InsideBitcoins.com\" \/>\n<meta property=\"article:published_time\" content=\"2014-08-14T21:07:34+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-08-21T19:42:28+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2014\/08\/IB-BitcoinBriefs1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"640\" \/>\n\t<meta property=\"og:image:height\" content=\"500\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Inside\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Inside\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/23158#article\",\"isPartOf\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/23158\"},\"author\":{\"name\":\"Inside\",\"@id\":\"https:\/\/insidebitcoins.com\/#\/schema\/person\/f4ec76e852e4135c7bff016b5aaadeed\"},\"headline\":\"Bitcoin Briefs: KnCMiner, Baycoin Bazzar, Overstock, BitPay, Coinsetter & Hemingway\",\"datePublished\":\"2014-08-14T21:07:34+00:00\",\"dateModified\":\"2021-08-21T19:42:28+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/23158\"},\"wordCount\":688,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/insidebitcoins.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/23158#primaryimage\"},\"thumbnailUrl\":\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2014\/08\/IB-BitcoinBriefs1.jpg\",\"keywords\":[\"bitcoin news briefs\"],\"articleSection\":[\"More Crypto News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/23158#respond\"]}],\"copyrightYear\":\"2014\",\"copyrightHolder\":{\"@id\":\"https:\/\/insidebitcoins.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/23158\",\"url\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/23158\",\"name\":\"Bitcoin Briefs: KnCMiner, Baycoin Bazzar, Overstock, BitPay, Coinsetter & Hemingway - 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