Monthly archive for May 2014

As Mining Demand Grows, Data Center Firms Begin Accepting Bitcoin

As Mining Demand Grows, Data Center Firms Begin Accepting Bitcoin

31 May 2014 / Data Center Knowledge – Cryptocurrency businesses can now use Bitcoin to purchase large chunks of data center space for their mining operations. Wholesale data center developer Server Farm Realty and colocation specialist C7 Data Centers each announced this week that they will accept

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More businesses using Bitcoin

More businesses using Bitcoin

31 May 2014 / The Villager – U.S. dollars are no longer necessary to acquire food, shelter and drink in the East Village and Lower East Side. Online restaurant and entertainment guide Yelp recently joined a growing number of businesses now recognizing the increased use of Bitcoin.

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Bitcoin Grabs Dutch Fancy as Bankers Mull New Technology

Bitcoin Grabs Dutch Fancy as Bankers Mull New Technology

31 May 2014 / Bloomberg – The Netherlands, birthplace of the world’s first stock exchange and the pioneering Dutch East India Company, is now home to banks with an unusually open mind about bitcoin. While big banks in China and the U.S. are reluctant to do business

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DISH Teams Up with Coinbase to Become Largest Company to Accept Bitcoin

DISH Teams Up with Coinbase to Become Largest Company to Accept Bitcoin

29 May 2014 / Coinbase Blog – We’re excited to announce that DISH will accept bitcoin and has chosen Coinbase as their bitcoin payment processor. DISH today announced they are the largest company and first subscription model pay-TV provider to accept bitcoin, marking a large step forward

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Abila Helps Facilitate Bitcoin Donation to the University of Puget Sound

Abila Helps Facilitate Bitcoin Donation to the University of Puget Sound

28 May 2014 / PRWeb – Abila today announced that its Millennium solution has helped record what is thought to be the first bitcoin gift to an American college. Bitcoin entrepreneur Nicolas Cary ’07 made the unrestricted gift of 14.5 bitcoins (valued at $10,000) to the alumni

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BitPay Now Processing $1 Million in Bitcoin Payments Every Day

BitPay Now Processing $1 Million in Bitcoin Payments Every Day

28 May 2014 / Coindesk – Bitcoin payments processor BitPay has revealed it is now processing an average of $1m worth of bitcoin payments per day. Coinbase and BitPay are currently the biggest bitcoin processors on the market and BitPay says it is serving the needs of over 30,000

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Cryptolina: An Event To Make the Southeast a Leader in Bitcoin

 Cryptolina: An Event To Make the Southeast a Leader in Bitcoin

27 May 2014 / ExitEvent – A government public information officer and a medical device salesman may not sound like the most obvious pair to host the region’s first Bitcoin conference. But their interest in the controversial cryptocurrency is symbolic of its evolution from a little understood

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Bitcoin Backers Work to Make it Mainstream

Bitcoin Backers Work to Make it Mainstream

27 May 2014 / Forbes – When Bitcoin emerged five years ago, it was the payment system many geeks and enthusiasts had dreamed of: an international, decentralized, anonymous, and transparent virtual currency that could potentially replace inefficient traditional ones. But even though Bitcoin remains very far from

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Bitcoin Set to Overtake eBay’s PayPal in Transaction Volumes

Bitcoin Set to Overtake eBay's PayPal in Transaction Volumes

24 May 2014 / Independent Business Times – Popular digital currency bitcoin is expected to overtake e-commerce giant eBay’s payment processor PayPal in terms of US dollar transactions in the near future. California-based hedge fund Laureate Trust says that bitcoin is fast establishing itself as the currency

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10 things you should know about Bitcoin and digital currencies

10 things you should know about Bitcoin and digital currencies

24 May 2014 / Tech Republic – Bitcoin has injected itself into a lot of conversations about the future of technology, economics, and the internet. The future of digital currencies remains a controversial topic. After reading these 10 things to know about the confusing world of digital

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