diff --git a/Doxygen b/Doxygen
index b60ecf324..642610933 100644
--- a/Doxygen
+++ b/Doxygen
@@ -38,7 +38,7 @@ PROJECT_NAME           = "ESPHome"
 # could be handy for archiving the generated documentation or if some version
 # control system is used.
 
-PROJECT_NUMBER         = 1.16.0b7
+PROJECT_NUMBER         = 1.16.0b8
 
 # Using the PROJECT_BRIEF tag one can provide an optional one line description
 # for a project that appears at the top of each page and should give viewer a
diff --git a/Makefile b/Makefile
index dfdd56c35..f8f14cd8a 100644
--- a/Makefile
+++ b/Makefile
@@ -1,5 +1,5 @@
 ESPHOME_PATH = ../esphome
-ESPHOME_REF = v1.16.0b7
+ESPHOME_REF = v1.16.0b8
 
 .PHONY: html html-strict cleanhtml deploy help webserver Makefile netlify netlify-api api netlify-dependencies svg2png copy-svg2png
 
diff --git a/_static/version b/_static/version
index 64a5a3512..b4f635ce9 100644
--- a/_static/version
+++ b/_static/version
@@ -1 +1 @@
-1.16.0b7
\ No newline at end of file
+1.16.0b8
\ No newline at end of file
diff --git a/changelog/v1.16.0.rst b/changelog/v1.16.0.rst
index af448a3f3..e822fb6b2 100644
--- a/changelog/v1.16.0.rst
+++ b/changelog/v1.16.0.rst
@@ -280,3 +280,5 @@ All changes
 - docs: Add MHO-C401 :docspr:`957` by :ghuser:`nikito7`
 - esphome: Allow SCD30 sensors to be optional :esphomepr:`1502` by :ghuser:`jesserockz`
 - docs: Update scd30 docs to show sensors are optional :docspr:`970` by :ghuser:`jesserockz`
+- esphome: fix esp8266 remote_transmitter using incorrect timings :esphomepr:`1465` by :ghuser:`hcoohb`
+- esphome: rc522 increased retry loop count :esphomepr:`1506` by :ghuser:`glmnet`
diff --git a/conf.py b/conf.py
index 1bc9aa59b..fa17454e4 100644
--- a/conf.py
+++ b/conf.py
@@ -72,7 +72,7 @@ author = 'Otto Winter'
 # The short X.Y version.
 version = '1.16'
 # The full version, including alpha/beta/rc tags.
-release = '1.16.0b7'
+release = '1.16.0b8'
 
 # The language for content autogenerated by Sphinx. Refer to documentation
 # for a list of supported languages.
diff --git a/guides/supporters.rst b/guides/supporters.rst
index 59d3edbe3..b70e5ebe6 100644
--- a/guides/supporters.rst
+++ b/guides/supporters.rst
@@ -230,7 +230,7 @@ Contributors
 - `Eric Hiller (@erichiller) <https://github.com/erichiller>`__ - 1 contribution
 - `Ernst Klamer (@Ernst79) <https://github.com/Ernst79>`__ - 1 contribution
 - `escoand (@escoand) <https://github.com/escoand>`__ - 7 contributions
-- `esphomebot (@esphomebot) <https://github.com/esphomebot>`__ - 11 contributions
+- `esphomebot (@esphomebot) <https://github.com/esphomebot>`__ - 12 contributions
 - `Evan Coleman (@evandcoleman) <https://github.com/evandcoleman>`__ - 3 contributions
 - `Malte Franken (@exxamalte) <https://github.com/exxamalte>`__ - 2 contributions
 - `Fabian Affolter (@fabaff) <https://github.com/fabaff>`__ - 29 contributions
@@ -254,7 +254,7 @@ Contributors
 - `Giovanni (@Gio-dot) <https://github.com/Gio-dot>`__ - 2 contributions
 - `gitolicious (@gitolicious) <https://github.com/gitolicious>`__ - 16 contributions
 - `The Gitter Badger (@gitter-badger) <https://github.com/gitter-badger>`__ - 1 contribution
-- `Guillermo Ruffino (@glmnet) <https://github.com/glmnet>`__ - 189 contributions
+- `Guillermo Ruffino (@glmnet) <https://github.com/glmnet>`__ - 190 contributions
 - `Giorgos Logiotatidis (@glogiotatidis) <https://github.com/glogiotatidis>`__ - 1 contribution
 - `Germain Masse (@gmasse) <https://github.com/gmasse>`__ - 2 contributions
 - `Jelle Raaijmakers (@GMTA) <https://github.com/GMTA>`__ - 1 contribution
@@ -267,6 +267,7 @@ Contributors
 - `Boris Hajduk (@hajdbo) <https://github.com/hajdbo>`__ - 4 contributions
 - `Gavin Mogan (@halkeye) <https://github.com/halkeye>`__ - 1 contribution
 - `Charles Thompson (@haryadoon) <https://github.com/haryadoon>`__ - 1 contribution
+- `hcoohb (@hcoohb) <https://github.com/hcoohb>`__ - 1 contribution
 - `Héctor Giménez (@hectorgimenez) <https://github.com/hectorgimenez>`__ - 2 contributions
 - `Jimmy Hedman (@HeMan) <https://github.com/HeMan>`__ - 5 contributions
 - `HepoH3 (@HepoH3) <https://github.com/HepoH3>`__ - 1 contribution
@@ -548,4 +549,4 @@ Contributors
 - `ZabojnikM (@ZabojnikM) <https://github.com/ZabojnikM>`__ - 1 contribution
 - `San (@zhujunsan) <https://github.com/zhujunsan>`__ - 1 contribution
 
-*This page was last updated February 1, 2021.*
+*This page was last updated February 3, 2021.*