Reddit has just announced that they are now accepting Bitcoin as payment for their premium Reddit Gold service. As Reddit describes it , “reddit gold adds shiny extra features to your account that are made possible thanks to support from people like you,” including filtering specific ...
Network hash power is currently at around 25 TH/s , suggesting that many Avalon customers still have not received their rigs. Once most of Avalon’s customers turn their hardware on and ASICMiner starts hashing, network hash power is expected to increase to about 40-50 TH/s – with some...
At least for now, it seems like the market does not even want a correction. Traditional technical analysis theory introduces a concept of Fibonacci retracements, where a price correction backtracks 38% or 62% (three eights and five eighths, both ratios between small Fibonacci numbers)...
BitStamp’s owner, Nejc Kodric, was first introduced to the Bitcoin community in March 2011, in the same way that so many others were: through mining. Kodric writes: “Back then I owned a computer company – we sold components, laptops, etc. Damijan (a current business partner at Bitstam...
Unfortunately, a lot of countries are still missing from the list. Nearly every country in Europe, for example, is nowhere to be found, and notably elsewhere in the world Argentina, China, South Korea, Australia and New Zealand are also missing, among others. Many other countries are ...
January has been an exciting month for Bitcoin. We have seen a number of news articles about Bitcoin from various mainstream media sources, nearly all of which have been positive, as well as reports of record-breaking revenues from Bitcoin businesses, increasing adoption and, last but...
Coinbase is a step up from Instawallet in terms of both complexity and security, although as a wallet, it is still fairly basic, with only standard sending and receiving functionality. Nevertheless, Coinbase has two features which make it a very convenient wallet for the beginning use...
Now, only several minutes ago, Garzik followed up with a message on Bitcoin IRC announcing the news that Bitcoin enthusiasts everywhere have all been waiting for: “mining!”, soon followed by a statistic: the machine’s average hashrate is 68252.65 MH/s. This is about thirteen percent h...
Under the terms of a $7.2 billion class action settlement that a US federal judge approved in November, starting this Sunday, merchants will gain the legal right to charge credit card-paying customers extra to make up for their processing fees. Currently, every time a customer makes a...
Configuring the machine will be possible either through SSH or a dedicated web interface, allowing users to easily set it up to mine with their preferred mining pool. Solo mining, however, is harder. Unlike pooled mining, where the miner receives the block headers needed by the mining...
the $15.4 high that it last set in August, making today’s maximum of $15.68 at the time of this writing the highest that the Bitcoin price has been since July 6, 2011. The spike follows a roughly two-week-long rise that has been bringing the price up by an average of about 10 cents pe...
The first troubling news came on Saturday when Dave, manager of the bASIC project’s parent company BTCFPGA, announced that the project has essentially collapsed, and is now processing refunds. BTCFPGA has been in trouble for over a week; on January 5, another BTCFPGA employee who goes...
On the whole, the split into two conferences is arguably a positive one for Bitcoin. There are many in the Bitcoin community who are intent on pursuing the success that Bitcoin reached at the end of 2012 with WordPress accepting Bitcoin and Bitcoin Central working with a licensed paym...
WordPress’s decision to accept Bitcoin in November was a major factor pushing investors to support his company. Since WordPress started accepting Bitcoin (incidentally, using BitPay’s platform to process payments), the company’s merchant base has grown from 1,300 to over 2,100, and is...
Bitcoin IS being used to sell illegal drugs on sites like Silk Road. However, illegal goods other than drugs – including assassinations, child pornography and even guns, are NOT gaining significant traction. The black market website Silk Road made considerable news a few months ago wh...
One positive outcome of this stiff competition is that it significantly reduces the chance of any attacks on the Bitcoin network during the transition to ASICs over the next few months. Three months ago, when Butterfly Labs’ Josh Zerlan was asked why he chose the business model of sel...
Joining the ranks of Coinbase , MtGox and Blockchain , Bitcoin developer Stefan Thomas has released a lightweight Bitcoin payment processor of his own, with a twist: you do not have to trust it to use it. The way that all other payment processors to date have kept track of individual ...
Joining the ranks of Coinbase , MtGox and Blockchain , Bitcoin developer Stefan Thomas has released a lightweight Bitcoin payment processor of his own, with a twist: you do not have to trust it to use it. The way that all other payment processors to date have kept track of individual ...
Multisignature Transactions – this is a technology that has been available for nearly a year and in the works since 2011 , but which has still seen no significant real-world application. While bitcoins sent to a normal Bitcoin address can only be spent by transactions signed by the on...
My name is Brian Santos. I’m a digital artist, software developer, project manager, and marketing analyst based out of the sunshine state of Florida. I have been working with computers since I was 10 years old, before I even had my first desktop computer, I was coding websites on my W...
Juraj Variny I believe that rewards based social media is the next logical step in this fascinating evolution of human interaction. NOPENOPENOPE... KILL THAT WITH FIRE! Not... Dec 26, 10:43 PM Il Portico Dipinto Very nice new site theme! Keep up the great work Dec 26, 8:01 PM Il Porti...
