Bitcoin Casinos Continue To Thrive: Bitcoin Casinos Continue To Thrive It is has been estimated that the total a...

Bitcoin Casinos Continue To Thrive

Bitcoin Casinos Continue To Thrive: Bitcoin Casinos Continue To Thrive It is has been estimated that the total a...

It is has been estimated that the total amount of the decentralized digital currency known as Bitcoin (BTC) in circulation today would add up to around $150 million. Amongst the online businesses benefiting from using this currency are the Bitcoin-based casinos, SatoshiDice and bitZino, both of whom recently released healthy earnings in their latest financial reports. In its fourth-quarter 2012 results, for instance, SatoshiDice, which operates an online dice game, has returned Â£375,626 of profits for 2012, equal to around Â£1,527 per day. By contrast, online casino bitZino has released 6 months worth of financial data indicating that 3.2 million bets were made during H2 2012. Commenting on the growing popularity of Bitcoin, bitZino’s founder Larry Taad, said that most of his customers do not maintain balances on his site, and explained: “Users don’t have to trust us with...

Full article: http://www.onlinepoker.net/poker-news/gambling-news/bitco...

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