Archive for the mining Category

Understanding Bitcoin’s True Potential

Understanding Bitcoin’s True Potential

19 Jun 2014 / Heartland Blog – Bitcoin has seen remarkable success over the past year. More and more people have been using it, and more and more businesses have become willing to accept it as a payment method. As the first widespread cryptocurrency, many people in

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3 reasons Wall Street can’t stay away from bitcoin

3 reasons Wall Street can't stay away from bitcoin

05 June 2014 / CNBC – It’s not surprising Apple is rethinking its policy to allow its apps to accept virtual currency payments. Retailers, including Lord & Taylor, Overstock and TigerDirect, are syncing operations to make it easier for consumers with digital wallets to transact business with

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A beginner’s guide to Bitcoin

A beginner's guide to Bitcoin

04 June 2014 / Boing Boing – Andreas Antonopoulos explains what bitcoin is, and how you can start using it. Q. How does bitcoin work? Bitcoin is a peer-to-peer network, a set of protocols (standards for interoperability), client interfaces (called wallets) and a currency that operates on

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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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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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Bitcoins may soon become a national currency, replacing others

Bitcoins may soon become a national currency, replacing others

06 May 2014 / RT – Bitcoin is the world’s most popular virtual currency, and brings with it a new breed of digital multi-millionaires. A few dollars several years ago could have made you millions in present-day – but when bitcoin exchange Mt. Gox virtually disappeared, many

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Ask Dr. Bitcoin: Summer is here; How do I keep my mining rigs cool?

Ask Dr. Bitcoin: Summer is here; How do I keep my mining rigs cool?

02 May 2014 / SiliconANGLE – There are seven ways you can get Bitcoins: (1) buy them; (2) sell something and get paid in Bitcoins; (3) someone you know graciously donates Bitcoins to you; (4) beg people to donate Bitcoins to you because you really, really want

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What is Bitcoin Mining?

What is Bitcoin Mining?

01 May 2014 / Investopedia – If you’ve ever wondered where Bitcoin comes from and how it goes into circulation, the answer is that it gets “mined” into existence. Bitcoin mining serves to both add transactions to the block chain and to release new Bitcoin.  The mining process involves

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Forget Bitcoin’s many problems, crypto-currencies are here to stay

Forget Bitcoin's many problems, crypto-currencies are here to stay

28 Apr 2014 / Market – A single global currency could change how brands do business in the future, writes Mel Exon, chief digital officer, BBH, and co-founder of BBH Labs At the end of 2013, as the world collectively rolled its eyes at the fact that

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Northwest’s cheap power drawing bitcoin miners

Northwest’s cheap power drawing bitcoin miners

26 Apr 2014 / The Spokesman-Review – When two Stanford University grads wanted to start a bitcoin company, they looked for the lowest power rates in the country. A map comparing energy rates led them to Central Washington, where hydroelectric dams churn out electricity that costs industrial customers

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