"There is one more way to use your BitCoins rather than buying weed or socks . Recently, a Bitcoin Exchange called ICBIT quietly introduced a futures market , obviously using Bitcoins as its main currency. Gold futures trade roughly at 137 BTC/tr.oz and Sweet Crude Oil at 7.3 BTC/bbl....
I'm sure there's a vocal group who will decry these new stats as impossible and another sign of the impending collapse of the great "Butterfly Labs Ponzi" of 2012, while others will be excited about the potential for a free increase in hashrate and some final power figures. I'm sure t...
To put all these big numbers another way: Bitcoin uses the same sorts of encryption and intractable math problems for its security as most encryption elsewhere in the world. The key space and manner of generation is also similar to many other common encryption-based systems. If Bitcoi...
Such is the case with the treatment of Dr. Shakir Hamoodi, an Iraqi-American nuclear engineer who just began a three-year prison sentence at the Fort Leavenworth, Kansas penitentiary for the "crime" of sending sustenance money to his impoverished, sick, and suffering relatives in Iraq...
Infosec Reactions When I’m owning hard a Bitcoin Exchange By albatr 09/30/12 Tweet Accent theme by Handsome Code ←Previous Say it with pixels. By aloria . Follow @sec_reactions /contact /submit
Soraya Sarhaddi Nelson /NPR A money-changer in the Afghan city of Herat counts a stack of Iranian bills. More and more Iranian currency is being brought in by smugglers to exchange for dollars, which then go back to Iran. text size A A A September 28, 2012 The western Afghan city of H...
MILTON FRIEDMAN famously called for the abolition of the Federal Reserve, which he thought ought to be replaced by an automated system which would increase the money supply at a steady, predetermined rate. This, he argued, would put a lid on inflation, setting spending and investment ...
Hello everyone. I am a law student in the United States, and I work on my school's Law Review, which is an academic legal publication. We are required to write an article on an unresolved legal issue, and BitCoin seems like it could possibly present some novel legal issues. It turns o...
Hello all i am intersted in is purchasing bitcoins with usd unfortunitly for me i need to do this with paypal. and io know this is an unpopoular method because of scaming but i will do anything to prov im genuine. is there anyway i could do this any suggestions to get around the fact ...
I'm new to the bitcoin world, but becoming very fascinated. A friend of mine has access to a lot of computing power at his university (think ETH Zurich). I was wondering, how much bitcoin generation potential do universities with huge computers actually have? And if it's a large one, ...
about condensation: You could drill holes and seal them for the wiring, then fill the chest freezer with dry air or put in a few desiccant bags to have a humidity below the condensation point in there. But as you concluded yourself, the extra power costs makes it pointless. I have exp...
I'm looking for a VPS that supports Arch Linux, and accepts payments in bitcoins.