21 May '13, 7pm

Jesse Seaver: The Great Bitcoin Debate

Jesse Seaver: The Great Bitcoin Debate

Jeff: Butterfly Labs started out developing systems for banks in about 2010. We were interested in building clustered supercomputer systems they could use to run trading algorithms against simulated data (in order to avoid using live data). In 2011, we realized we could reprogram our existing chips for Bitcoin mining. We started by sourcing chips and then using FPGA chips (Field Programmable Gate Array Chips) that have be repurposed to do Bitcoin mining, so our engineering team reprogrammed the chips. The chips coming out now are custom hand-routed Bitcoining chips. The old model was 832mh/sec. The lowest now is 5000/mh.

Full article: http://www.huffingtonpost.com/jesse-seaver/the-great-bitc...

Tweets

Bitcoin Magazine is now a sponsor of the Bitcoi...

btclondon.com 21 May '13, 11pm

Bitcoin London is a one day invitation-only event aiming to connect bitcoin entrepreneurs, venture investors, and hedge fu...

Jesse Thomas Undergoes Foot Surgery: Photo: Roc...

triathlon.competitor.com 21 May '13, 6pm

He spent the following week getting X-rays to discover a navicular stress fracture in his foot, an injury that first showe...

ZeroHedge: Bitcoin – The Tyranny Test

silveristhenew.com 21 May '13, 2am

Be prepared for the next great transfer of wealth. Buy physical silver and storable food . Via Paul Rosenberg of Free-Man’...

Brian Doherty: Bitcoin Can't Be Stopped, But Can It Be Spoiled? #tlot #amagi #tcot

Brian Doherty: Bitcoin Can't Be Stopped, But Ca...

reason.com 21 May '13, 8pm

The decentralized private digital currency Bitcoin has had a busy few months, writes Brian Doherty. It has grown from an o...

After Government Raid, Jittery Future for Bitcoin

After Government Raid, Jittery Future for Bitcoin

cnbc.com 20 May '13, 4pm

Financial experts said they don't expect the action to throw the bitcoin world into chaos—and if regulation is coming, it ...

Driving #Bitcoin adoption of wary merchants, afraid of losses during volatility. @CryptoStreet @gyft

Driving #Bitcoin adoption of wary merchants, af...

paymentssource.com 21 May '13, 8am

Many merchants are still wary about accepting bitcoins, but new vendor partnerships and a maturation of the companies that...