Archive for the mining Category

Digital Currency Deep Dive: So What Makes Bitcoin So Special?

Digital Currency Deep Dive: So What Makes Bitcoin So Special?

23 Apr 2014 / Pymnts – Introduction Remember the day when a coin was just a bothersome piece of metal that you were happy to toss in the tip jar to benefit the underpaid baristas at your local coffee shop? Well no more. Now a coin might

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Bitcoin: Making sense of noncents

Bitcoin: Making sense of noncents

20 Apr 2014 / Crains Detroit – The next time you grab a sandwich, order a pizza or pay for IT services, you may not have to reach for your wallet. Instead, you could have the option of paying the bill with bitcoins. Businesses including the Bronx

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Buy into Bitcoin: What small businesses need to know about digital currencies.

Buy into Bitcoin: What small businesses need to know about digital currencies.

17 Apr 2014 / borro.com – Introduction If you’re familiar with Bitcoin it could well be because of the controversies that have seen the digital currency grab frequent headlines over the last five years. From bubbles to Silk Road to congressional hearings, the entire concept of digital

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Bitcoin Miner Taps Dad’s Power Plant in Virtual-Money Hunt: Tech

Bitcoin Miner Taps Dad’s Power Plant in Virtual-Money Hunt: Tech

16 Apr 2014 / Bloomberg – In the five years since bitcoin was created, the hunt for them has consumed enough electricity to keep the Eiffel Tower lit for 260 years. One man’s way around the utility bills: the family power plant. Alex Wilhelm is a bitcoin

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NYU Mining Bitcoin for New Class

NYU Mining Bitcoin for New Class

11 Apr 2014 / Wall Street Journal – Investing in bitcoin and other virtual currencies is risky. So is planning a graduate-level class on the subject four months ahead of time. But that’s what two professors from New York University’s Law School and Stern School of Business are doing.

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Central Washington Home To Nation’s Biggest Bitcoin ‘Mine,’ More Coming

Central Washington Home To Nation's Biggest Bitcoin 'Mine,' More Coming

10 Apr 2014 / NW News Network – Here’s a surprising fact: the largest bitcoin “mine” in North America is located on the outskirts of Wenatchee, Wash. It’s not a “mine” in the traditional sense. In these mines, you won’t have helmets, lamps or pickaxes. And there’s

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Bitcoin 2.0 Shows Technology Evolving Beyond Use as Money

Bitcoin 2.0 Shows Technology Evolving Beyond Use as Money

28 Mar 2014 / Bloomberg – Bitcoin isn’t just for buying and selling cupcakes and cameras anymore. A crop of entrepreneurs, backed by investors such as Andreessen Horowitz and BitAngels, are betting that the technology behind the virtual currency can be used for a range of financial

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Enter The Blockchain: How Bitcoin Can Turn The Cloud Inside Out

Enter The Blockchain: How Bitcoin Can Turn The Cloud Inside Out

22 Mar 2014 / Tech Crunch – Drop whatever what you’re doing and go read Maciej Cegłowski’s absolutely magnificent essay Our Comrade The Electron, an astonishing history of the amazing Russian engineer Lev Sergeyevich Termen. Make sure you read right down to its punchline, “the most badass

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CyberPowerPC joins Bitcoin craze with Mega Miner desktop series

CyberPowerPC joins Bitcoin craze with Mega Miner desktop series

22 Mar 2014 / ZDNet – What’s good enough for boutique PC builder iBuyPower is usually good enough for CyberPowerPC — and vice versa. So it shouldn’t come as a surprise that a few weeks after the iBuyPower CoinMine desktops, designed for Bitcoin mining, were released, CyberPower has

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Bitcoin’s software gets security fixes, new features

Bitcoin's software gets security fixes, new features

20 Mar 2014 / PC World – The software driving Bitcoin’s network was upgraded Wednesday, with security fixes addressing a problem that defunct bitcoin exchange Mt. Gox blamed for losing nearly half a billion dollars worth of bitcoins. The open-source software, known as Bitcoin-QT, has also been

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