The long waited Minecraft 1.8 update is expected to release on the 2nd September. The server won't update, before there's a stable spigot/bukkit version avaliable, for the 1.8 update. Therefore the server will stay 1.7.10, untill it is possible for us to update the server. After the server is updated to 1.8, we'll have our next major update, which will include a lot of new and amazing features, including a new way to earn money. Stay tuned for more!