This week has been a big one for Bitcoin with record highs versus the U.S. dollar, word of a new partnership between Mt Gox and CoinLab, and the official launch of Bitcoin Store. Not all news has been good news as Butterfly Labs still lags well behind schedule. Here are the top stories of the [...]
Bitcoin is on the rise after a slew of announcements from major internet communities and companies. Kim Dotcom announced that Mega would be accepting Bitcoin, Reddit Gold can now be purchased with Bitcoin and of course WordPress accepts Bitcoin. However, there are quite a few lesser known services as well. Here’s a list of some [...]
While it may have once been valid, today the claim that “you can’t buy anything with Bitcoin” simply isn’t true. While gambling and the silk road certainly helped Bitcoin get going, a far larger and more legal economy is beginning to emerge. Today you can purchase everything from a new computer to gold and silver, [...]
Over the last several months the digital currency Terracoin has been steadily gaining a following. With the emergence of several Terracoin communities and more developers working on Terracoin projects I’ve decided to do a series of posts on using and mining Terracoin. What follows is an introduction to Terracoin and a guide on using the [...]
I’ve heard this question asked a lot lately, “should I buy an ASIC miner or invest directly in Bitcoin?” I asked myself the same thing back in November. After much research I did both, investing $200 in Bitcoin and $150 on an ASIC. Today my Bitcoin purchase is worth $484.40 US Dollars ($29.18 USD / [...]
Last Thursday Reddit announced that it will be accepting Bitcoin as payment for Reddit Gold. In light of the recent exposure from Reddit I’m taking some time to revisit the crypto currency subreddits as they are growing both in number and in size. While r/Bitcoin is right up there with BitcoinTalk.org and the Bitcoin Stack Exchange in terms of activity, many of the lesser known [...]
I received an email this morning from Avalon ASIC announcing that they would be reopening orders on batch two. With record breaking hash rates and a lot of movement in the Bitcoin hardware industry, it seems like an appropriate time to do an ASIC mining roundup. For those new to mining, ASIC stands for Application Specific [...]
Like many Bitcoiners I have been watching the price of Bitcoin rise steadily for the last several months. Between the halving of the block reward, the emergence of ASICs and a growing Bitcoin economy things are looking pretty good. With recent media attention from Bloomberg, Forbes, and others; Bitcoin is poised for growth. However, the [...]