Bitcoin jumps another 10 percent in 24 hours to pass $19,000

Enlarge / A Soyuz rocket launches from Baikonur, Kazakhstan. (credit: NASA) Bitcoin’s price set a new record on Saturday as the virtual currency rose above $19,000 for the first time on the Bitstamp exchange. The gains came just hours after the currency crossed the $18,000 mark. Bitcoin’s value has doubled over the last three weeks, and it’s up more than 20-fold over the last year. Bitcoin’s value keeps rising despite a growing chorus of experts who say the currency value is an unsustainable bubble. One CNBC survey this week found that 80 percent of Wall Street economists and market strategists saw bitcoin’s rise as a bubble, compared to just two percent who said the currency’s value was justified. Another survey  reported by the Wall Street Journal this week found that 51 out of 53 economists surveyed thought bitcoin’s price was an unsustainable bubble. We recently asked two experts on the history of bubbles about bitcoin, and both saw echoes of earlier bubbles in the current bitcoin boom. Read 6 remaining paragraphs | Comments

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Bitcoin jumps another 10 percent in 24 hours to pass $19,000

Intel’s 8th-gen desktop CPUs boost gaming and streaming speeds

Intel has launched its 8th-generation mainstream desktop chips, calling the flagship $359 Core i7-8700K its “best gaming desktop processor ever.” The six-core, 12-thread 3.7GHz chipboosts Gears of War 4 frame rates up to 25 percent compared to 7th-gen desktop chips . It can also do 4K video editing up to 32 percent faster. The best gains are with multitasking, as Intel says gaming, streaming and recording with Player Unknown: Battlegrounds will be 45 percent fast than before. What’s more, it can be overclocked to 4.7 GHz using Intel’s Turbo Boost 2.0, and 5GHz and higher speeds are easily achieved with air or basic liquid cooling. The speed gains are even more impressive if your system is over three years old, but probably won’t push many folks with 7th-gen Intel chips into upgrading. For multimedia, it’s worth noting that Intel has implemented some new 4K tech, which will make for smoother streaming of 10-bit, HDR Ultra HD video now on services services like Netflix and many new 4K TVs. The 8th-gen Core i5 and Core i3 chips in the lineup might be more interesting for consumers. The Core i3 chips start at $117 and have quad-cores and base clock speeds up to 4 GHz, while the Core i5 models, starting at $182, are six-core units. Neither are multi-threaded, but four physical cores and four threads is a lot better than two cores and four threads, which is what the i3 lineup had before. If you have Intel’s 7th-gen Core i7 chip and want to upgrade to get every ounce of gaming or graphics speed, it’s not as simple as a chip swap. The new CPUs will require Intel’s Z370 chipset-based motherboards, so they’re not at all compatible with whatever model you have right now. That chipset has a few advantages over the last gen, like improved power delivery for 6-core chips and better support for DDR4-2666 memory, but nothing dramatic. Some pundits have noted that Intel could have made them compatible with older motherboards, but elected not to . Intel is also touting its Optane storage for gamers, but as we’ve mentioned , this won’t help you much if you already have an SSD, and not at all if you have M.2 PCIe-based storage. The mainstream 8th-gen desktop chips are a bit less interesting than the 8th-gen laptop CPUs, which offered more performance than expected , Meanwhile, Intel recently unveiled the 7th-gen X-series i9 chips, which rocked up to 18 cores , dramatically boosting performance over the top-spec 10-core i7-6950X previous-gen models. The new eighth-gen desktop chips will arrive starting on October 5th, and as mentioned, the flagship Intel Core i7-8700K will cost you $359. Source: Intel

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Intel’s 8th-gen desktop CPUs boost gaming and streaming speeds

Apple has finally sold its billionth iPhone

Apple has managed to pull in some extremely impressive numbers when it comes to its flagship mobile phone. While iPhone sales overall had begun to decline over the last quarter, that didn’t stop the company from selling its one billionth iPhone last week. Apple’s CEO announced the milestone today during a special employee meeting in Cupertino this morning. Tim Cook, Apple CEO, thanked employees for “helping change the world every day, ” noting that Apple has “always set out to make the best products that make a difference.” The billionth iPhone was sold about two years after Apple sold its 500 millionth iPhone. That’s a lot of units, and with the impending launch of additional phones to its line, it’s likely to sell a whole lot more in the future. Via: TechCrunch

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Apple has finally sold its billionth iPhone