Archive for the mining Category

The Bitcoin Ideology

The Bitcoin Ideology

14 Dec 2013 / NYT – IF you’ve only recently tuned in to the seemingly endless conversation about bitcoin, you could be forgiven for thinking that the digital currency is little more than the latest Wall Street fetish or a juiced-up version of PayPal. After all, so

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Bitcoin Mining Company Has Sold $28 Million-Worth Of Its New Mining Hardware

Bitcoin Mining Company Has Sold $28 Million-Worth Of Its New Mining Hardware

14 Dec 2013 / Seattle PI – Bitcoin businesses are booming, especially now that 42% of Americans know what Bitcoin is — but there remain few businesses as revenue-rich as Bitcoin mining development. Background: Bitcoins are mined by computers unscrambling blocks of “hashes” or complex strings of numbers and

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Exploring The Blockchain

 Exploring The Blockchain

14 Dec 2013 / iamsotashi.com – During 2013, Nicolas Cary, CEO, Blockchain.info, travelled the world to meet different Bitcoiners. The number one quality that he emphasized was the enthusiasm amongst all of them. I met with Nicolas, after his presentation at London Bitcoin Expo 2013. I wanted

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European Union Warns on Bitcoin

European Union Warns on Bitcoin

13 Dec 2013 / NYT – LONDON – The European Union on Friday added to a string of recent warnings about the safety of using and investing in Bitcoin, the virtual currency that is not issued by any government. The union’s banking authority said consumers needed to

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BitGive Foundation – Raises $4,850 for Save the Children

BitGive Foundation – Raises $4,850 for Save the Children

13 Dec 2013 / Business Wire – SACRAMENTO, Calif.–(BUSINESS WIRE)–The BitGive Foundation, the charitable giving organization of the Bitcoin community, provided its first donation yesterday to Save the Children for their Typhoon Haiyan Children’s Relief Fund. The Foundation raised $4,850, exclusively from the Bitcoin community, as part

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Bitcoin Believers See a Role for Wall Street

Bitcoin Believers See a Role for Wall Street

12 Dec 2013 / NYT – A venture capitalist, a former regulator, a lawyer and a pair of entrepreneurs — Bitcoin evangelists all — gathered on Tuesday in the private dining room of an upscale Manhattan restaurant to discuss their vision of a world in which the

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Bitcoin: Super currency or super fad?

Bitcoin: Super currency or super fad?

12 Dec 2013 / Detroit Free Press – LAS VEGAS – Entrepreneurs flush with newly valuable Bitcoins are creating new products designed to simplify the technology and spread Bitcoin mania into the modern American mall. More than 600 Bitcoin aficionados gathered Tuesday in a conference center here

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Bitcoin greeted in Las Vegas

Bitcoin greeted in Las Vegas

11 Dec 2013 / Examiner – Where else but in Las Vegas is it fitting for Bitcoin to be debated? Hundreds, mostly, male, took notes feverishly on mining and investment process of Bitcoin, the controversial digital currency. They are attending this week the conference; Inside Bitcoins: The

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PubNub, MtGox’s Price Streaming Partner, Now Offers Data To Other Bitcoin Exchanges

PubNub, MtGox’s Price Streaming Partner, Now Offers Data To Other Bitcoin Exchanges

11 Dec 2013 / Tech Crunch – PubNub has built a business around offering APIs that let developers stream different services such as messaging and other interactive services in their apps and websites. Today it’s adding a new module that focuses specifically on Bitcoin, the cryptocurrency du

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Bitcoin Mining Reaches New Level With $2,000-a-Day Neptune Rig

Bitcoin Mining Reaches New Level With $2,000-a-Day Neptune Rig

11 Dec 2013 / International Business Times – Billed as the ideal Christmas present for the bitcoin user in your life, the Neptune mining rig claims to produce 2.1 coins per day – meaning you’ll have $2,000 worth by Boxing Day. Sweden-based KnCMiner is offering the Neptune

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