Anthem Vault, which owns the Bitcoin-accepting online precious metals retailer Amagi Metals, submitted a proposal to the state of Texas regarding the building of a new Bullion Depository that was recently signed into law in the Lonestar State. The plan to build a gold depository has mustered the interest and support of the international precious metals community. The official state bullion depository appears to be in its incipience as more than a dozen companies answered Comptroller Glenn Hegar request for advice on the project. Governor Greg Abbott signed House Bill 483 in June, directing Hegar to develop the world's only […]
Bitcoin price had, during the past week, begun to resemble a rocket path with an extremely distant destination. Calls for an overdue correction seemed futile until price surprised by slamming down 50% of the week's advance. This analysis is provided by xbt.social with a 3-hour delay. Read the full analysis here. Not a member? Join now and receive a $29 discount using the code CCN29. Bitcoin Price Analysis Time of analysis: 15h22 UTC BTC-China 15-Minute Chart From the analysis pages of xbt.social, earlier today: Wild swings at altitude show the large degree of waves that underlie this move that started […]
Biohacker Patric Lanhed has pulled off a neat trick. Only, it’s more than a gimmick. While sending payment of 1 Euro worth of Bitcoin from one wallet to another, the authentication for the transfer is embedded in a chip for the NFC-key transfer. The chip, is implanted into Patric’s hand, with the secret key to his Bitcoin wallet under his skin. With this established, a proof-of-concept video (below) shows Patric Lanhed and his acquaintance Juanjo Tara – a firmware engineer at Arduino, demonstrate a successful bitcoin payment from one digital wallet to another. The transaction they claim - is the […]
The Bitfilm Festival, an annual film festival about all things Bitcoin and Blockchain and spanning multiple cities around the world is due to kick-off tomorrow, October 31 in Berlin, Germany. The first global film festival to showcase films exclusively related to Bitcoin and Blockchain will have its second annual event start in Berlin tomorrow. The film festival will then roll around to more than a dozen cities around the world where local communities of Bitcoin enthusiasts will organize the event in their respective cities. The final pit stop of the worldwide tour is rumored to be in Buenos Aires, Argentina, […]
UniPAY, an e-wallet in the country of Georgia, has partnered with Snapcard, the San Francisco, Calif.-based bitcoin payment processor and wallet, to offer customers the option of using cryptocurrency at e-commerce sites globally and to convert between local fiat currency and crypto. UniPAY allows users to use bitcoin, Litecoin, Dogecoin. UniPAY will also begin offering merchants a bitcoin payment option. UniPAY is one of the largest payment service providers in Georgia processing payments for local mobile carriers, internet service providers, airlines, utility companies, and gaming sites. Georgia Citizens Gain Access To Global Economy Jack Jia, the head of international growth […]
The Bitstamp Price Index confirmed a new year-high price for Bitcoin at $334.05, this morning. The peak is yet another milestone for the cryptocurrency which has been on a steady upward trajectory predominantly since September. The year-high peak struck at 07:11 UTC and has since dropped to $322.780 at the time of publishing. For a live Bitcoin Price chart, click here.
The malware authors making up the cyber gang behind the intrusive Cryptowall 3.0 ransomware, a strain of malware, have raked in an estimated $325 million from hundreds of thousands of victims around the world by demanding ransom payments in Bitcoin. The ransomware has been active since January, 2015. A cybercriminal group that develops and deploys Cryptowall 3.0 may have gathered millions of dollars of ransom in Bitcoin in this past year alone, a comprehensive study points out. Cryptowall version 3.0 the latest variant of a ransomware that is among the most effective tools used by malicious hackers and attackers to monger […]
Nick Szabo, who designed an early Bitcoin-like digital currency called "bit gold," made an appearance on Thursday at the D Hotel & Casino in Las Vegas, Nevada for the Bitcoin Investor Conference 2015. Szabo, in his speech, made it clear he understands the uncertainty in the price of Bitcoin. That’s why he wants to bring the power of Bitcoin and the block chain to the world of traditional investments. “The current answer is colored coins,” Szabo told conference attendees. “However that does not trust minimize cash flows.” He believes such technology is the “next generation of putting assets on the block […]
Blacksburg, VA — Follow My Vote has announced that they have been accepted into the Alpha Program at Web Summit 2015 in Dublin, Ireland. The global tech conference is scheduled to take place from November 3-5. "It is an honor and privilege to have been recognized by the Web Summit ALPHA selection committee as being one of the most disruptive and scalable software development startups in the world," states Adam Kaleb Ernest, Co-Founder and CEO at Follow My Vote. Forbes has called Web Summit “The new hot ticket on the tech conference scene.” The summit, which started 5 years ago, […]
Lyn Ulbricht, the mother of Ross Ulbricht, the man convicted of running the online dark web marketplace Silk Road, has suffered a heart attack according to the Free Ross official Twitter account. Mrs Ulbricht has expressed shock and worry over the arrest of her child, Ross. She has been a tireless campaigner in her son’s case. Lyn suffered a heart attack. She is in hospital and she will be ok. She continues to make improvements every day, watch for recovery updates — Free_Ross (@Free_Ross) October 30, 2015 Despite the conviction, Ross Ulbricht enjoys myriad supporters, including many well-known celebrities, such […]
Payza was an early mover among "legitimate" money transfer services with regard to integrating Bitcoin payments, and as CCN reported about a year ago, one of the first to allow it both ways. You could deposit Bitcoin for sending payments and then receive payments in Bitcoin as well. The service appears to still be operational, but there's trouble in the waters for the London-based company. The DC US Attorney's office updated its site on the 21st of October with a notice stating that the company is now facing a criminal investigation. The notice didn't get too deep into the details […]
In yet another blockchain related investment, Blythe Masters’ Digital Asset Holdings has announced the acquisition of Blockstack.io. Digital Asset has been on a blockchain-startups purchasing spree lately, with the Bits of Proof and Hyperledger acquired earlier in June this year. The New-York based company headed by CEO Blythe Masters has today, announced the purchase of another blockchain startup Blockstack. The deal was concluded for an undisclosed sum. Blockstack, based in San Francisco offers financial institutions the means to develop applications using APIs and SDKs on a private blockchain and is currently available in a beta phase. Customized tools offered by […]
Bitcoin price is advancing in "stupendous" mode as the Fed delays a rate hike, once again. Uncertainty and US dollar hedging is the name of the game and bitcoin has received a go-ahead to advance, uninterrupted, for two months. This analysis is provided by xbt.social with a 3 hour delay. Read the full analysis here. Not a member? Join now and receive a $29 discount using the code CCN29. Bitcoin Price Analysis Time of analysis: 15h29 UTC Bitstamp 4-Hour Chart From the analysis pages of xbt.social, earlier today: Amazing price action in the 4-hour Bitstamp chart as price pushes the […]
Security researcher Jonathan Lampe recently published a report comparing the security readiness of various leading contenders for the White House. http://ift.tt/1kVrIwC
DigitalBTC, an Australia-based bitcoin mining company, has decided to bolt the cryptocurrency business to focus on software development, according to ZDNet. The company announced at its annual meeting it would change the name of its parent company, Digital CC, to Digital X. The company, which trades on the Australian Securities Exchange (ASX), said it is changing its focus from bitcoin as a mechanism for storing value to software development. The company also announced it is entering its second phase of beta testing for AirPocket, a cash remittance product it rolled out in May. Digital CC Scraps Mintsy Relationship Earlier this […]
Joining the ranks of the world’s biggest investment and financial institutions, three more banks from Asia and Europe have joined the global block chain initiative founded by London startup E3. Block chain, the public distributed ledger and the technology powering bitcoin now has three more backers, or bankers, with Italy’s UniCredit, Japan’s Mizuho Bank and Sweden's Nordea joining the likes of Citi, Barclays, JPMorgan, Royal Bank of Scotland and HSBC, among others who now add up to a total of 25 banks. The global consortium of financial institutions is now comprised of the majority of the world’s biggest banks looking into the […]
New update in the form of a Windows binary release compiled from the latest Git source code of the ccMiner 1.5.72-git SP-MOD fork by SP optimized for the latest Maxwell-based video cards (source) to bring things up to date. The latest release comes with some performance improvements for the most profitable algorithms such as lyra2v2 and quark as well as Bastion Cpu mining support implemented (no GPU support for the moment). Do note that the SP-MOD fork of ccMiner is designed for Nvidia Maxwell GPUs such as the already available GTX 750, 750 Ti as well as the newer GTX 960, GTX 970, GTX 980 and GTX 980 Ti and GTX Titan X. The Windows binary release we have made available here is with support for Compute 5.0 and Compute 5.2 GPUs or with other words only for Maxwell-based Nvidia video cards compiled with CUDA 6.5 and VS2013.
Bitcoin Press Release: Bitcoin and Litecoin trading platform eCoin.eu has recently launched commission free trading period, user-friendly Facebook registration, and a hassle free way to withdraw funds to Debit Card. Bitcoin and Litecoin trading service provider eCoin.eu is moving closer to their customers by integrating Facebook registration and login compatible with dual authentication. eCoin.eu also allows customers to put credit on their XMLGold Prepaid MasterCard for a standard market fee. eCoin.eu offers a great opportunity of trading without commission. The eCoin trader can earn 0% commission fees within a week by pressing the like button on the bottom of the […]
Bitcoin Press Release: Today, leading cryptocurrency cloud mining provider Genesis Mining launched a nationwide outdoor advertising campaign aimed at bringing awareness to the potential that Bitcoin brings to the world. Consisting of taxi advertising, billboards, and guerilla street marketing, the creative ads feature quotes from experts who made egregiously false predictions about disruptive innovations. The quotes were pulled from former leaders of major international corporations about innovations like the telephone, film, and the automobile. The campaign launched today at 9:00am PST in Southern Florida, San Francisco, Washington DC, Chicago, and Boston. Over the upcoming three months, the campaign will expand […]
From firmly stamping its presence as one of the first big corporations to pay attention to the bitcoin and block chain arena, Microsoft has now struck a partnership with an Ethereum-based startup to deliver blockchain as an enterprise solution for clients of the software giant’s cloud-based Azure service. Microsoft has announced a partnership with ConsenSys, an Ethereum-coder collective from Brooklyn that will allow enterprise users on Azure to gain access to Ethereum Blockchain-as-a-Service (E BaaS). BlockApps Strato, a toolkit used for developing Ethereum-based applications will be among the first offerings from the partnership that Azure clients will be able to […]
Two different kidnappings in two different parts of the world have taken the world of illicit Bitcoin activities to a new level. Long discussed as the currency of the Silk Road, the online drug marketplace only accessible via Tor, it appears a new, more violent criminal is turning towards the digital currency to get away with kidnapping. The most recent example, the kidnapping of a Hong Kong tycoon once charged with fraud, Wong Kwan. The kidnappers threatened to scrape out the eyeballs or chop off the legs of the Pearl Oriental Oil chairman if his family did not cough up […]
Mark Karpeles faced fresh embezzlement charges Wednesday as Japanese media claimed some of Mt Gox’s stolen funds were spent on prostitutes. But, who cares? Is there anything all that unique about a successful man spending some of that hard-earned money (or in this case hard-stolen) on a good bang? Research shows the answer is 'not really.' First, the charges. Tokyo police arrested France-born Mark Karpeles for moving 20 million yen ($166,000) in client money to his own bank account amid fraud allegations regarding the loss of hundreds of millions of dollars worth of Bitcoin. According to Yomiuri, a Japanese newspaper, […]
Nasdaq has continued with its blockchain affair by unveiling its latest blockchain tech initiative – Linq, a platform that enables private companies to trade their shares using the bitcoin-powering technology, even before the companies go public. With Linq, Nasdaq revealed its newest trading platform with a live demonstration at the Money 20/20 conference in Las Vegas. In a press release, Nasdaq also announced the first six private companies participating in the blockchain-enabled platform. They are Chain.com. ChangeTip, PeerNova, Synack, Tango and Vera. “We are extremely encouraged by the initial demand for Nasdaq Linq from these innovative, first-mover companies, and the […]
Talkether is Ethereum’s first pool with a decentralized mining process according to the creators of the project. It is supposed to help secure the Ethereum network by decentralizing it more and also to help miners have higher mining rewards compared to other pools due to higher mining efficiency. The pool has a built-in failover since miners set their user id in the extradata of each block even in the improbable case of a server downtime each miner of a block (identified by the extradata in the block) will get full block reward.
During the closed alpha test of the pool that has finished recently, miners are reported to have experienced up to 20% higher rewards compared to the pools they used before. This is because there are no mining time losses for getting the work from the pool since each miner of the Talkether pool gets its work from his local node. The Talkether Ethereum mining pool is now open for registrations for everyone interested in trying it out, but do have in mind that it is still in beta with zero fees until the beta phase is over.
Like every other mining pool Talkether’s pool reduces the variance of the mining rewards of the pool miners. But instead of polling the work from a poolserver like in traditional pools, miners of the pool fetch the current work from their local node (you need the Geth client installed). A small java tool adjusts the block’s difficulty, sends mined share blocks over a secured connection to the Talkether share server and publishes all blocks on local node of the miners as well. The share server takes the share blocks, validates and saves them in the database. As all pool miners are mining in the Talkether’s pool etherbase, the high secured payout server manages payouts with the common PPLNS scheme.
The fear and uncertainty being generated by the Fed's inability to put its head on a block about how much and when, is sending the gold and bitcoin price rallies to the super full moon. This analysis is provided by xbt.social with a 3-hour delay. Read the full analysis here. Not a member? Join now and receive a $29 discount using the code CCN29. Bitcoin Price Analysis Time of analysis: 15h20 UTC BTC-China 15-Minute Chart From the analysis pages of xbt.social, earlier today: So far so good on our entry into this wave. The 1-hour chart did not give a […]
Native ad by Discover Media. Winning a major sporting tournament gives any country’s national pride a shot of adrenalin, but it can also be a significant boost for its economy. Countries winning the football World Cup can expect to their stock index to outperform global indices by as much as 3.5 percent in the following month, according to Goldman Sachs. In the trading pit as on the pitch, however, there’s no glory in second place – seven out of the nine defeated finalists in the study underperformed by 5.6% over the next quarter. With fans of the oval ball glued […]
Bitcoin Press Release: Credited as the number one Bitcoin and Litecoin marketplace on the web CryptoThrift has rebranded to Bitify.com. Bitify has over 50 000 users and has processed over $2.5 million through its escrow service. Australian based Bitcoin and Litecoin marketplace and auction site for new and used items CryptoThrift has rebranded to Bitify. The platform has achieved continual growth since it began trading two years ago, with over 200% organic growth in the last 12 months alone. The site boasts nearly 50,000 users and several thousand items are currently listed for sale. Bitify has also processed over USD […]
A hacker group that refers to itself as the “Armada Collective” has contacted at least four Thai banks with the threat of cyberattacks if ransom demands aren’t paid up in Bitcoin, according to an English news daily in the country. Although details are currently scarce, The Nation, a prominent English-language broadsheet in Thailand reports that a criminal hacker group called the “Armada Collective” has contacted at least four Thai banks via email with a threat to engage in cyber attacks. The publication also notes that the Armada Collective previously targeted Switzerland-based hosting providers as recently as September and laid out […]
With another Fed funds rate announcement due, today, 28 October, market uncertainty in anticipation of a rates hike "lift-off" is rising. Today's GEO looks at the implications of a rates increase for the US dollar and the dynamics the Fed's indecision to commit to a "lift-off" date. This post is powered by the Bitcoin Trading Network xbt.social - CCN29 and get 29USD off! Economic Indicators World Indexes and Forex Rates Commodities In the Calendar This Week Mon 26 October New Zealand Trade Balance (actual:-1222M expected:-822M previous:-1079M) Tue 27 October UK Prelim GDP (actual:0.5% expected:0.6% previous:0.7%) US Consumer Confidence (actual:97.6 […]
Blockchain is under consideration to replace Australian Security Exchange’s Clearing House Electronic Sub-register clearing and settlement System. The Australian Securities Exchange’s (ASX), managing director, has confirmed that blockchain is a serious candidate to replace the existing clearing and settlement system. The Sydney Morning Herald reports that ASX managing director Elmer Funke Kupper sees the costs, timescales and complexities of the current Clearing House Electronic Subregister System (CHESS) - cut down by blockchain technology. In noting the technology as a “once in a 20-year opportunity,” Kupper added that the ASX was actively looking to implement end-to-end efficiencies and assessing blockchain to […]
New embezzlement charges have been filed against Mark Karpeles for moving $20 million worth of yen in client money to his bank account and spending an unspecified sum on prostitutes, reported Astro Awani in Malaysia. Karpeles already faces fraud charges for the disappearance of hundreds of millions of dollars worth of the virtual currency from Mt. Gox, the now defunct Tokyo-based exchange. Citing Yomiuri, a Japanese newspaper, Astro Awani reported Karpeles spent an unspecified sum on prostitutes while the Jiji Press news agency in Japan said the charges involve "several women whom he met at venues that offer sexual services," citing police sources. […]
MasterCard is backing Barry Silbert’s newest initiative, Digital Currency Group, his first since selling SecondMarket to Nasdaq last week. Many believe this marks a major development in the Bitcoin space as the digital currency flirts with the $300 level. Silbert has gained the support of big-time backers for the new conglomerate focused exclusively on Bitcoin and other block chain technologies. The new company, Digital Currency Group (DCG), will include Silbert’s over-the-counter Bitcoin trading firm, Genesis Global Trading, as well as Grayscale Investments, a digital currency asset management firm. Digital Currency Group will be home to 57 seed-stage investments already made […]
Today, leading cryptocurrency cloud mining provider Genesis Mining launched a nationwide outdoor advertising campaign aimed at bringing awareness to the potential that Bitcoin brings to the world.
Consisting of taxi advertising, billboards, and guerrilla street marketing, the creative ads feature quotes from experts who made egregiously false predictions about disruptive innovations. The quotes were pulled from former leaders of major international corporations about innovations like the telephone, film, and the automobile.
The campaign launched today at 9:00am PST in Southern Florida, San Francisco, Washington DC, Chicago, and Boston. Over the upcoming three months, the campaign will expand to over 40 cities across the United States.
Genesis Mining co-founder and CEO Marco Streng stated “We believe people get too caught up in what the experts have to say about innovations. Bitcoin is one of the most exciting innovations the world has ever seen and it’s only just beginning. We launched this campaign to remind people that if you look through history, so called “experts” are not always right about the future. The goal is to open people’s minds and let them decide for themselves what to think.”
About Genesis Mining Genesis Mining was one of the first companies to offer cloud mining services and quickly built a reputation as an industry leading provider throughout the cryptocurrency world. As one of the loudest voices advocating for the Bitcoin community, Genesis Mining also prides itself on its cutting-edge technology, proprietary solutions, and focus on customer support. The mining industry will continue to evolve and Genesis Mining will do the same, maintaining its role as an industry leader and defender.
Yesterday's final analysis post identified a set-up for another wave of advance. Bitcoin price action, since, has confirmed the potential move - and it is, apparently, now underway. This analysis is provided by xbt.social with a 3-hour delay. Read the full analysis here. Not a member? Join now and receive a $29 discount using the code CCN29. Bitcoin Price Analysis Time of analysis: 14h54 UTC BTC-China 4-Hour Chart From the analysis pages of xbt.social, earlier today: The chart, above, is a 4hr BTC-China chart, but the price pattern is consistent across eight of the most popular exchange charts, and the […]
A chocolate image called "Sweet life. Bitcoin will be in chocolate" took first place in the first Bitcoin Photo Contest, which recently ended. The winning entry by a user named Nadin crafted bitcoin cookies to win the grand prize of €1000 in BTC which will be sent via bit4coin vouchers. Nadin and the other winners will be able to immediately redeem their vouchers for BTC at the current exchange rate. Nadin won the contest, which drew 600 entries, by convincing four of the contest's six jury members. The contest, sponsored by bit4coin, launched Sept. 8, collected 7,029 likes and 0.75 BTC […]
Although details are currently scarce, a quick statement posted on blockchain-servicing engine Tierion’s twitter account confirms that it now counts Phillips as a customer with the latter looking to explore the potential of blockchain technology with its successful healthcare arm. Philips Healthcare is now among the growing list of companies around the world looking to tap into the applications of block chain technology. Although the Dutch electronics maker is primarily known for its household products, Philips’ largest business is its health-care division. It competes with the likes of General Electric and Siemens AG in the lucrative hospital scanner market and […]
The Bitstamp Price Index struck $290 early this morning, adding another milestone in Bitcoin’s steady climb over the last couple of months. The bitcoin price rang in the milestone at 05:52 UTC and reached a high of $291.78. The price at the time of publishing is $290.010. The growth is likely to be a result of increased trading in Chinese Bitcoin exchanges, after China's central bank recently slashed its rates in an attempt to kickstart the slowing economy. For a live Bitcoin Price chart, click here.
Bitcoin Press Release: An all-star AMA session on forum.bitcoin.com with many top names in the Bitcoin industry will begin November 2nd, and continue throughout the month. Participants include Patrick Byrne CEO of Overstock, Andreas M. Antonopoulos, Gavin Andresen and many more. Anyone will be able to ask questions directly to the biggest names in Bitcoin. The sessions will start on the 2nd of November 2015 in the “ask me anything” section on the forum. An amazing list of participants have already agreed to take part. Professionals from every part of the bitcoin industry, including CEO`s, core developers, co-founders and innovative […]
Some of the biggest pop stars in the world has brushed shoulders with Bitcoin-accepting businesses and other musicians. One business, a first class recording studio in New York, is on the cutting edge of payments in the music industry. The likes of Beyonce, Coldplay, Pixar, Dreamworks, Cartoon Network and A&E use the Bitcoin-accepting Premier Studio (PS) located in New York City. PS enjoys top-notch company such as 50 Cent, Nas, Snoop Dogg, and other musicians, who have also championed Bitcoin for the music industry. Studio E | Premier Studios - #C24 #RecordingStudio #PremierStudios A photo posted by Premier Studios (@premierstudiosny) […]
Bitcoin price pushed to a new high yesterday and has some headroom for an additional advance. The 4-hour chart technical indicators remain bullish but warn of a potential wave top. This analysis is provided by xbt.social with a 3-hour delay. Read the full analysis here. Not a member? Join now and receive a $29 discount using the code CCN29. Bitcoin Price Analysis Time of analysis: 15h34 UTC Huobi 4-Hour Chart From the analysis pages of xbt.social, earlier today: The BTC-China chart, and some USD charts have corrected to a support & resistance level and the 4-hour 20MA. 4-hour MACD (at […]
The Russian Ministry of Finance is taking a hard stance against Russian adopters of bitcoin and cryptocurrencies, with a proposal that –while not yet legal or enforced—aims to punish users engaging in Bitcoin trading with a prison sentence of up to 4 years. While most governing bodies around the world looks to adopt bitcoin or block chain technology or look for ways to regulate the cryptocurrency, Russia is unrelenting in its stance toward what it sees as the “trafficking” of Bitcoin. The Russian Ministry of Finance that had previously supported fines of up to 500,000 rubles or a 2-year community service […]
In yet another example of the numerous applications of block chain technology, a New York-based subsidiary of Global Arena Holding called Global Election Services is keen to explore applications that aid in secured block chain voting. Block chain technology is being tapped into by banks, research companies, stock markets like NASDAQ and even government entities such as the UK Treasury. With accurate record-keeping as an incorruptible digital ledger, a block chain’s applications are a varied sort while offering staggering potential due to its efficiency and clarity. The democratic process of voting, for instance, can be secured online in a way […]
Weedmaps founder CEO Justin Hartfield does not think Bitcoin will help to grow the legal marijuana industry, a claim contrary to what many in the Bitcoin space claim. Weedmaps, the online legal marijuana community, allows users to review and discuss cannabis strains and local dispensaries. The website garners two million monthly visitors with annual revenue of approximately $18 million. Widely considered the industry leading website, Weedmaps founder CEO Justin Hartfield has a unique point of view on the industry. Hartfield recently told CCN that he does not believe Bitcoin will help the cannabis industry. “Here’s the thing - say you sell […]
Is bitcoin really the preferred currency of terrorists? You might think so from reading some of the mainstream media headlines. But a recent intergovernmental study on terrorist financing paints a very different picture. The Financial Action Task Force (FATF), a Paris-based, intergovernmental body that develops policies to protect the global financial system against money laundering, terrorist financing and financing of weapons of mass destruction, recently released a report called Emerging Terrorist Financing Risks. There is a small section in the report about virtual currency as a tool for this financing, but the 48-page report says foreign terrorist groups are primarily […]
We have not compiled a Windows binary from the Git source of tpruvot’s ccminer fork for quite some time and he has been quite actively working on version 1.7, though it is still not ready for an official release. So we have decided it is time to compile a Windows binary from the latest ccminer 1.7-dev (source), so that you can try it out if you are interested. Tpruvot has been rewriting a lot of things in his fork for the upcoming official 1.7 release, so there are quite a lot of changes as well as new features implemented. So you can use this release just for trying it out and if you want more stability and reliability you should probably stick to the previous 1.6.6 release. This Windows binary is compiled with VS2013 and CUDA 6.5 and supports Compute 2.1, 3.0, 5.0 and 5.2 GPUs, but do have in mind that not all of the supported algorithms may work on older Compute 2.1/3.0 GPUs, but if you have an older Nvidia-based video card this is the ccminer fork you will need.
Bitcoin trading continues buying into the advance that has not seen a new high, in a week, in the leading CNY exchanges. The USD exchanges have pushed to a higher high but have only eeked out a $6 push higher during the past 24 hours. Diverged charts imply a downward correction could set in over the weekend. This analysis is provided by xbt.social with a 3-hour delay. Read the full analysis here. Not a member? Join now and receive a $29 discount using the code CCN29. Bitcoin Trading and Price Analysis Time of analysis: 14h59 UTC BTC-China 4-Hour Chart From […]
A Canadian company called Dominion Bitcoin Mining has been exonerated of soliciting investors without proper registration. The government of Saskatchewan, Canada's Financial Consumer Affairs Authority (FCAA) ruled that the website that allegedly was in violation of Canadian law was not active and that it did not sell any shares to investors. A co-founder of the mining company now plans to sue the regulator for libel, according to the Globe and Mail in Toronto. FCAA staffers charged that Dominion’s directors offered securities without proper registrations, according to an FCAA decision dated Oct. 22, 2015. The decision named directors at the time […]
ZeusHash has never been the best cloud mining service and even when they tried partnering with a large Chinese mining farm to provide cloud mining hashrate to its customers their offers were never that attractive. We have essentially stopped covering the service as nothing worth mentioning about it has happened in the last few months, but it seems that now there is something important happening. We haven’t even checked our mining account with a few hundred GHS there for quite some time until we have started receiving reports from users that ZeusHash has stopped paying mining dividends to its customers after 20th of October. It seems that many if not all accounts are affected including ours as there have been no mining dividends paid starting 21st of October.
There has been no official announcement about why no new dividends are being added to users accounts, but with the high price of Bitcoin at the moment the reason is definitely because of mining becoming non-profitable. Trying to reach support users are getting a response that there is an issue they are aware of and than there will be a compensation for the downtime, however nothing has happened for a few days already. So we would not recommend anyone that is considering getting cloud mining hashrate to go for ZeusHash, and if you already have purchased some mining capacity there you should contact support until they finally fix the problem and compensate you for the downtime. The fact that many if not all users have been affected and there is no official announcement from ZeusHash few days later already is not reassuring at all.
Gerry Torres, owner of the gritty yet clean City Tacos in San Diego’s North Park neighborhood, opened Tostada’s down the street on August 15. He did so quietly, confident in his concept. Both of his restaurants accept Bitcoin through the Bitcoin wallet Airbitz. “I wanted to get a little exposure and have people trickle in,” Torres told me. “You want to go slow and take it easy and make sure things are right. So far, so good, people seem to be enjoying it.” When you walk into Tostada’s, large windows and bright walls welcome you into the open, vibrant and […]
Bitcoin Press Release: Montreal, Canada - Thanks to generous donations, the McGill Cryptocurrency Club gave away hundreds of dollars worth of bitcoin to students during frosh week using ChangeTip, Twitter, and the innovative Tips on a plane application. The goal is to foster interest in Bitcoin amongst students and promote adoption and use on campus. The video takes place during the McGill frosh week when one of the McGill Cryptocurrency Clubs co-founders, Michael Gord and Kyle Kemper, the executive director of the Bitcoin Alliance of Canada and CAVIRTEX VP met at the Bitcoin Embassy in Montreal to prepare for the […]
Genesis Mining just noted that the X11 hashing power they’ve had available is completely sold out due to unforeseen high demand and that they are working on expanding capacities. The X11 cloud mining hashrate that was available for sale was entirely supplied by GPUs, so they will need to upgrade adding more video cards before new hashrate is available and they will due to the apparently high demand for such hashrate. Meanwhile if you are interested they still have plenty of SHA256 hashrate available for sale, so you can still check what the cloud mining service provide has in stock for you.
The service for renting and leasing hashrate NiceHash has posted some job offers/bounties for crypto currency programmers that can help them improve their services and also help in improving the mining software that crypto currency miners are using to mine for various coins. The rewards you can get for the various tasks range from 1 to 5 BTC each and the jobs are range from firmware modification to adding features in software and optimizing mining kernels for increased performance.
List of available jobs and bounties:
– Integrate Simple Multi-Algorithm mining (SMA) into ccminer
– Integrate Simple Multi-Algorithm mining (SMA) into sgminer
– Optimize ScryptJane algorithm with AVX2 support
– Make SSE2, AVX and AVX2 optimizations for NeoScrypt
– BITMAIN’s AntMiner firmware job
– Optimize CUDA kernel for popular NiceHash algorithm
– Optimize OpenCL kernel for popular NiceHash algorithm
Ada Colau, Barcelona’s new mayor, has made good on her campaign promise to create a local digital currency to help simulate local commerce and spending within the city limits, along with other benefits. The city of Barcelona, capital of the Catalonia - an autonomous community in Spain is in currently the throes of a heightened local movement to break away from Spain. Although the Spanish constitution explicitly disallows any region in the country to separate, pro-independence parties won a clear majority of seats in Catalonia’s parliament during the recent local elections. In a coalition, the victorious parties have sought to […]
Bitcoin Press Release: CEX.IO Bitcoin exchange announced about integration with TradingView, a financial charting platform for traders. CEX.IO is now added on the TradingView list of Bitcoin exchanges with real-time charts for BTC/USD, BTC/EUR, and BTC/RUB. Browser-based charts and tools on TradingView allow traders to do research and access data on any operating system, wherever they are and without extra installations. TradingView creates favourable conditions for discovering investment ideas and showcasing talents to a large and active community of traders. Such informative and handy source as TradingView is something that our users have been missing, Jeffrey Smith, CIO of CEX.IO. […]
A coming together of prominent Bitcoin companies and organizations along with several law enforcement agencies and communities has resulted in the formation of the Blockchain Alliance, a nonprofit that, among other things, will help as a resourceful partner for law enforcement to aid against bitcoin- and block chain-based criminal activities. A new forum called the Blockchain Alliance has been established to help bridge and inculcate communication and understanding of bitcoin and block chain technology between law enforcement agencies and prominent players in the bitcoin industry. Altogether, the Blockchain Alliance will be a quick call away from law enforcement agencies when […]
Holberton School, a software engineering school in San Francisco, claims to be the first school to deliver is academic certificates secured and accessible via the block chain. The school has partnered with Bitproof.io, which notarizes documents in the block chain. This goal is to help employers verify academic credentials quickly. Verifying document authenticity easily and economically is one of many uses the block chain brings to business, industry and academia. Block Chain Offers A Secure Environment Holberton School will issue digital certificates in a secure environment. Accessing the certificate interface will require 256-bit, encrypted private key and 2-factor authentication. After […]
Bitcoin price had declined according to expectations yesterday, only to fling back to near its price highs today. The verdict is out whether the bulls can achieve another high or if the present failure will prompt a sell-off. This analysis is provided by xbt.social with a 3-hour delay. Read the full analysis here. Not a member? Join now and receive a $29 discount using the code CCN29. Bitcoin Price Analysis Time of analysis: 13h44 UTC BTC-China 4-Hour Chart From the analysis pages of xbt.social, earlier today: A cruel and unrelenting market pushes to a new high in B wave price […]
Bitcoin Press Release: Innovative start-up Ucontrol.TV enables anyone to watch and control a live stream of water buckets with as little as 0.001 BTC. The buckets support different charities including Sean’s Outpost and The Water Project. Another use case for Bitcoin other than a currency or store of value has emerged. AUSTIN, TX – Ucontrol.TV has created the first live demonstration where anyone, anywhere can control the flow of water using Bitcoin as the on/off switch. “Not only does Bitcoin act as the switch but the amount of Bitcoin sent is proportionate to the amount of water dispensed” explains Dale […]
Bitcoin Press Release: NextBank’s mission is to provide advanced banking services for Bitcoin and cryptocurrency users worldwide. NextBank will offer international Debit Cards, accounts denominated in both fiat such as USD and various cryptocurrencies, SWIFT transfers, an escrow service, currency exchange, and much more. NextBank believes in a great future for Blockchain technology and the cryptocurrency revolution by planning to offer international Debit Cards, accounts denominated in fiat and Bitcoin, SWIFT transfers, an escrow service, currency exchange, and much more. NextBank thinks about global business. They are against 3-5% charges for currency conversion. NextBank charges from 0.2% (popular currencies) to […]
Since its inception in 2011, the Bitcoin development mailing list has been unmoderated. Anyone could join it and start posting to it. For most of its existence, the list was a mostly technical forum, devoted strictly to Bitcoin and the cryptography underpinning it, including bug discussions and proposals from the public. More recently, the list has become a hotbed of heated debate between proponents and opponents of immediate block size increasing. The debates have at times felt very much like the debates on raising the debt ceiling in US politics: divided parties repeating the same arguments, leading up to a […]
Bitcoin should be exempt from VAT in Europe the EU’s highest court, the European Court of Justice, ruled today. The court has been hearing a case for numerous months, and has only now come to its recommendation. The EU court stated, Bitcoin transactions "are exempt from VAT under the provision concerning transactions relating to currency, bank notes and coins used as legal tender.'' The case was between the Swedish Tax Authority and the nation’s Revenue Law Commission. It commenced only after a Swedish citizen asked for clarification on the VAT on Bitcoin question. That national, David Hedqvist, has sought for […]
An increasing number of people see Bitcoin’s disruptive power every day. If Bitcoin technology is about a rupture in the old centralized database model to a new decentralized database model – where third party interference is not possible – Ethereum’s technology (Blockchain 2.0) can go even further.
Ethereum enables you to create any software/app in a decentralized way, where downtimes, censoring, and arbitrariness are not possible. Metaphorically speaking, if Bitcoin will replace credit cards and money remittance companies, Ethereum will replace entities that provide support to today’s contracts, like notary public offices, who solely exist for this purpose.
The Ethereum technology platform development gets faster every day. A few weeks ago, Augur crowdfunding raised over $5 million, becoming one of the most funded Ethereum companies in the world. Additionally, Mist wallet was launched, which will enable you to store your Ethers and make smart-contracts as well.
Ethereum has already proven to be a highly profitable project for investors. Those who invested in early Ethers’ crowdsales – currency used for payments in Ethereum code – made up to 10x their investment’s value.
This technology’s early investors have everything to gain. That is why bnktothefuture.com created #EMBS – Ethereum Mining Backed Security Fund.
What is the Ether Mining Backed Security?
Ether Mining Backed Security (EMBS) was created by BnktToTheFuture as a niche investment product for investors that want to invest in Ether cryptocurrency. It is an investment product that combines daily income denominated in Ether with the potential for high return capital growth. It utilizes new alternative financial innovations like mining and cryptocurrency (Ether) to create an expected high risk, high return investment opportunity.
Jeff Garzik, bitcoin core developer and CEO of Dunvegan Space Systems (DSS), argues in favor of public versus private block chains and sees a big future for bitcoin thanks to the benefit of being able to transfer value across space in addition to other benefits. As bitcoin evolves, he says computer code will iron out existing mismatches between supply and demand, according to the International Business Times UK. DSS, based in Atlanta, GA, specializes in distributed applications and computing solutions for the space-based market, including Software-as-a-Service platforms. DSS seeks to open frontiers throughout the solar system for the benefit of humanity. […]
The guys at NiceHash have released a beta version of their own easy-to-use best-profit auto-switching application called NiceHash Miner. The software detects what crypto mining capable hardware you have in your systems (for now supports only Nvidia GPUs and CPU mining), checks your hashrate and automatically switches to the most profitable algorithm available to give you the best profit for your hashrate. All you have to do is download and run the miner, choose the server location and enter your Bitcoin wallet address where you want to get your coins sent at and you are almost ready to start mining and maximizing your profit. As a backend the NiceHash Miner relies on the cpuminer-multi form tpruvot for CPU mining and to the ccminer forks from tpruvot and sp for the Nvidia GPU mining.
The first time you run the NiceHash Miner software you will need to go through the Benchmark mode in order for the software to determine what your mining hashrate will provide in terms of hashrate for the different supported algorithm. Then you are ready to start mining with all or only a few of the mining capable CPUs/GPUs you have available – you can choose what you want to mine with. There is however still no support for you to chose only some of the supported algorithm, so you are stuck with all of the available in the software. We are probably soon also going to see an OpenCL miner such as sgminer integrated to add support for AMD GPUs as well, but for now if you have AMD GPUs you can still rely on the Miner Control Tool for example for automatic profit switching at NiceHash/Westhash. Their own tool does look promising and works pretty well, but it needs more work and features, also do not forget that it is still in beta. Still you might want to give it a try though…
Bitcoin has spent 2015 in a sideways consolidation. A look at the Litecoin price chart sheds some light and shows up a lot of noise that had been distracting exchange chart investors for the past 10 months. This analysis is provided by xbt.social with a 3 hour delay. Read the full analysis here. Not a member? Join now and receive a $29 discount using the code CCN29. Bitcoin Price Analysis Time of analysis: 15h36 UTC LiteCoin 4-Hour Chart From the analysis pages of xbt.social, earlier today: xbt.social member S, suggested I take a look at the Litecoin chart. The chart […]
At the very least, a trio of UK-based electronic retail websites have been inundated with DDoS attacks by hackers holding the websites to ransom in exchange for Bitcoin. The websites have suffered temporary outage and have since put up a bounty to round up on the bitcoin-seeking attackers. Electronic retailers Aria Technology, Novatech and Scan Computers have all been targeted by hackers, resulting in the temporary disruption of services on their websites. Aria, in particular, announced that while the temporary outages were caused by persons unknown, the means used to cause the disruption were in-fact distributed denial of service (DDoS) […]
A bit of a public service announcement today as Reddit user ZoidbergCoin reported a phishing attempt on the part of a false Electrum Twitter account. The attackers were clever, creating an exact clone of the original Electrum Twitter, but using an “I” (uppercase) instead of a lowercase “l.” On first glance, it's hard to tell the difference. For reference, Electrum is a popular lightweight bitcoin wallet for desktop and mobile which operates similar to SPV wallets. It communicates with a trusted server rather than downloading the entire block chain. One common criticism of it is that the Electrum server can […]
Quiet markets as the economy enters the end-of-year doldrums and waits, hands-in-pocket, for the Fed's next move. This week we scan the mainstream media for interesting developments - Deutche Bank play their part in the rates hike theatre and the Bank of Ireland joins the move toward eliminating euro small change. This post is powered by the Bitcoin Trading Network xbt.social - CCN29 and get 29USD off! Economic Indicators World Indexes and Forex Rates Commodities In the Calendar This Week Mon 19 October China Industrial Production (actual:5.7% expected:6.0% previous:6.1%) China GDP q/y (actual:6.9% expected:6.8% previous:7.0%) Tue 20 October Australia […]
Things are not looking good in Venezuela. Food is reportedly tough to procure or inflated, and the country’s minimum wage puts people beyond poverty. Recently, individuals have reported the Venezuelan government has taken a strict stance on foreign currencies, including Bitcoin. The Venezuelan government has not released official figures regarding the lack of availability of basic products in the country. A leaked government study, however, has shone light on the question. Alongside scarcity, Venezuelans are enduring the rising cost of food, with the monthly cost of an average Venezuelan family’s basic food needs increasing 19 percent in July, according to […]
Bitcoin Press Release: London based BSAVE is a unique savings account that allows users to securely store Bitcoins, while receiving daily interest payments. A BSAVE account is directly connected to users’ Coinbase wallet allowing fast and simple deposits and withdrawals. Having raised over $400 000 in seed capital, BSAVE is the ideal saving solution for Coinbase users and Bitcoin enthusiasts worldwide. London based BSAVE introduces a new platform that enables users to profit directly from their dormant bitcoins and offers a profitable saving solution that suits both short-term and long-term savers. BSAVE users begin to accrue competitive interest within the […]
London-based BSAVE has completed a $400,000 round of funding for seed capital and has announced a savings account for users who can directly connect it to their Coinbase wallet to store Bitcoins while earning interest payments every day for their savings. BSAVE has announced a new platform that enables users to gain savings from their bitcoins by offering a savings account. Daily interest is credited to each user’s account at the end of a 24 hour period, and the savings account is also a zero-balance account, the company says, with no penalties imposed if the user wishes to withdraw his […]
Bitcoin price has been drawing a horizontal path for the past two days and looks ready to take direction. Whichever way the market chooses in the short-term, today's analysis considers the bigger picture. This analysis is provided by xbt.social with a 3 hour delay. Read the full analysis here. Not a member? Join now and receive a $29 discount using the code CCN29. Bitcoin Price Analysis Time of analysis: 15h22 UTC BTC-China 1-Day Chart From the analysis pages of xbt.social, earlier today: One moving average (200-day) and a line study of the 1-day chart. The BTC-China chart favors this kind […]
The federal government is sure to be looking for a teenage hacker and two of his friends now that they've gone public with a rather embarrassing fact: by pretending to be a Verizon employee, they were able to get personal information about CIA Director John Brennan.
With China accounting for 80% of the global bitcoin trading volume, it was only a matter of time before the country’s own authorities paid heed to the cryptocurrency. In a recent publication on October 13, the Cyberspace Administration of China (CAC) has, in no uncertain terms, claimed that we have entered the “post-Bitcoin era,” and “Can no longer ignore its revolutionary changes” despite people thinking bitcoin and block chain technology is or was not stable. The publication began with the CAC taking note of the deeming of bitcoin as a commodity by the United States Commodity Futures Trading Commission (CFTC). […]
Zero Hedge is contending that Bitcoin is on the precipice of the “2nd coming of the Bitcoin bubble.” According to the popular online financial website, “China’s increasing crackdown on its -until now lax - capital controls has spurred demand for alternate ‘currencies’ that remain out of the control (for now) of governments…” ZH recalls how Bitcoin increased in price amid Grexit worries. In the wake of the media frenzy and European uncertainty, Bitcoin has fallen in price. ZH believes that there is a distinct possibility that China could invest even a fraction of its $22 trillion in Chinese deposits into […]
Some are fond of the phrase, “gambling is a tax on people who are bad at math.” While it's true that the house makes a profit, and therefore “always wins,” the fact is that now and then someone has to win or else people won't play anymore. There are many ways to gamble, from scratch-off and lottery tickets to slot machines and skill-based games like poker, as well as betting on sports events. The latter games aren't legal everywhere, with the local governments preferring to have an exclusive monopoly over gambling. Although Illinois has some legal casinos, they are dwarfed […]
Ethpool was the first mining pool for mining Ethereum’s Ether coins, however it had some issues, was down for a while and then returned with a new concept – predictable solo mining pool. A predictable solo mining pool allows you to do pooled mining with a solo mining payment scheme, meaning that the miner who contributed the most work to the pool for each round will receive the full reward of the found block (or uncle) and his work account (credits) will be reset to his current credits minus the credits of the runner up miner. This simply means that depending on your available hashrate it may take more time to get your reward, but once you get it it will be a full block reward. Apparently the downtime and the new concept along with the low exchange rate for Ethereum’s Ether coins lately are not doing Ethpool much good, but they have not stopped working on new things.
The latest addition is stratum support instead of the getwork that is typically used by the regular ethminer software. The introduction of stratum support requires users to use a special fork of ethminer that is called qtminer (source) that has been developed by Ethpool and is ONLY supported by their mining pool for the moment. A while ago another pool – Dwarfpool, has introduced a Stratum proxy as we’ve mentioned earlier on the blog, but their proxy implementation is not as good as actually having a dedicated stratum protocol supported by the miner itself.
The command line of qtminer is very similar to that of Ethminer, you can check the HELP.txt file included in the Windows binary available for download below for the supported commands. As with ethminer, qtminer supports OpenCL mining on both AMD and Nvidia GPUs, there is no CUDA support available for Nvidia for the moment, and you should not be getting much different performance in terms of hashrate between ethminer and qtminer (AMD video cards still perform better than Nvidia ones). The actual difference is in the protocol used to get shares and submit them which should result in improved performance when you are using stratum instead of getwork due to better efficiency of the stratum communication protocol. Do note that you can still use Ethpool with ethminer and the getwork protocol if you are not satisfied with the results you get from the new qtminer with stratum support.
The new qtminer stratum pool supports vardiff, so the difficulty will be automatically adjusted by the pool itself based on the hashrate you submit thus taking the guesswork and the need to find the optimal difficulty yourself. The result should be more efficient getting of new work and submitting of solved shares using constant stratum connection to the server and thus more mined coins for the same period of time as compared to using ethminer with getwork polling the server all the time. Looking at the logs of the qtminer and testing briefly the new stratum miner is showing that it works better than ethminer, make sure you allow a bit of time to get a good estimate on the current hashrate reported by the pool and estimated earning before drawing any conclusions. You should definitely give qtminer a try if you are currently mining for Ethereum’s (ETH) Ether coins on a pool with the traditional etminer, you might be pleasantly surprised by the improvement.
Coinprism, the blockchain technology company that developed the Open Assets standard “colored coins” that is now used by the likes of NASDAQ and Overstock has released Openchain, an open source distributed ledger targeting financial institutions. Openchain, unlike bitcoin is based on a central, distributed ledger that will allow any enterprise user, company or an institution to use their own version of the chain. This functionality helps with lowering costs, reducing transaction times and Openchain users can also use the chain to interconnect with each other. Instead of transactions being validated by anonymous users, as in the case of bitcoin, Openchain […]
GameCredits is revolutionizing the in-game currency industry. Thanks to the startups' advanced API, in-game transactions take place instantly through a secure online wallet platform. Thanks to GameCredits, developers and gamers now have a seamless method of transacting value through gaming platforms. The secure platform has already launched formidable games, such as Ring 13: Curse of Nakamoto (Multiplayer Fighting Game), Turbocharged (Multiplayer Racing Game), and EON: The Omega Event (Multiplayer 4X Space Game). Their website is available in English, German and Dutch. GameCredits also functions as a tradable commodity with the company’s Web Wallet or personal desktop client. GameCredits is based […]
Last week's rally had been fast and furious, with a lot of burning rubber and little chart distance. As quickly as it had completed the last push toward $300, it gave up almost half of the progress in a sell-off. The bulls have cooled down somewhat and are now looking for shelter further down the hill. This analysis is provided by xbt.social with a 3 hour delay. Read the full analysis here. Not a member? Join now and receive a $29 discount using the code CCN29. Bitcoin Price Analysis Time of analysis: 15h42 UTC BTC-China 1-Hour Chart From the analysis […]
Liz Parrish, CEO of biotech startup BioViva, says she underwent a gene therapy at an undisclosed location overseas last month, a first step in what she says is a plan to develop treatments for ravages of old age like Alzheimer’s and muscle loss, MIT Technology Review reports.
Bitcoin Press Release: NextBank is the first bank in the world that believes in the bitcoin and adapts it to our daily lives. The mission of this venture is to provide advanced banking services for cryptocurrency users. NextBank makes no difference between the fiat and crypto currencies. Cryptocurrencies are legal NextBank believes in a great future of Blockchain technology and cryptocurrency revolution. We are offering a new banking approach for bitcoin private and business users. As you all know, the word “bitcoin” has a magical influence on bank managers both inside and outside of the EU. Unfortunately, operations using the […]
Bitcoin Press Release: Privately Regulated Public Blockchain Achieves Anti-Money Laundering, Anti-Terrorist Financing and Anti-Theft Goals The appearance of Bitcoin and its associated block-chain technology has gained tremendous interest in the development of decentralized, but secure, money banking and transaction systems. Bitcoin is gaining recognition all over the world as a convenient financial tool for daily payment and also for transferring money across the national borders. However, there is serious concern about Bitcoin’s use for criminal exploits and the financing of terrorist activities. For example, recently Australian’s biggest banks have closed bank accounts of at least 17 Australian Bitcoin companies. One […]
Bitcoin startup 21 has applied for a patent for mining circuitry that “may be used to mine digital currency such as bitcoins,” with the US Patent and Trademark Office (USPTO). The submission, originally filed in April last year by the startup that recently released a $400 bitcoin computer, was published as a submission by the USPTO on October 15, 2015. The filing lists the following names as inventors of the digital currency mining circuitry: Matthew Pauker, co-founder and now chairman (CEO at the time of application) Nigel Drego, co-founder, and chief architect Veerbhan Kheterpal, co-founder, and president Daniel Fir, co-founder […]
One more update in the form of a Windows binary release compiled from the latest Git source code of the ccMiner 1.5.71-git SP-MOD fork by SP optimized for the latest Maxwell-based video cards (source) to bring things up to date. The latest release comes with tiny speedups in lyra2v2 and quark, support for the whirlpool algorithm brought back and some fixes for the myriad-groestl that was apparently not working properly in the previous releases. Do note that the SP-MOD fork of ccMiner is designed for Nvidia Maxwell GPUs such as the already available GTX 750, 750 Ti as well as the newer GTX 960, GTX 970, GTX 980 and GTX 980 Ti and GTX Titan X. The Windows binary release we have made available here is with support for Compute 5.0 and Compute 5.2 GPUs or with other words only for Maxwell-based Nvidia video cards compiled with CUDA 6.5 and VS2013.
The Australian Competition and Consumer Commission (ACCC) is investigating why some Australian banks are closing bitcoin business bank accounts, according to the Australian Financial Review. The Australian Financial Review previously reported that 17 bitcoin companies in Australia received letters from banks saying they planned to close their accounts. Nationals Senator Matthew Canavan asked the ACCC to investigate the matter. Rod Sims, chairman of ACCC, said banks have been asked to explain their actions. He said the commission is also asking the banks what contact they had with each other over these actions. Sims said he hoped to find out why […]
Mixed martial arts welterweight Jon Fitch is the first MMA fighter to be fully paid in bitcoin, according to Inverse.com, a culture and technology news site. As an international MMA competitor, he claims he gets paid easier and faster with bitcoin. Fitch loves cryptocurrency and he thinks it is bringing about a new form of commerce he calls “techno-feudalism.” A former top welterweight contender for Ultimate Fighting Championship, Fitch said a lot of MMA fighters have difficulty with payment because mixed martial arts is an international sport. It can take weeks to get paid. This is problematic because MMA fighters have a […]
A user called ghostlander on Bitcointalk has released a new optimized OpenCL kernel for the Myriad-Groestl algorithm that is supposed to give you at least 10% increase in performance compared to the public kernel available, but in reality the hashrate increase is much more significant. We have tested the new kernel with a Radeon R9 280X GPU and got over 31 MHS while with the latest sgminer kernel we have managed to get only about 10 MHs or with other words about 200% increase using intensity of 19. You can try to increase the intensity a bit more if your GPU manages to handle it ot squeeze a bit more extra performance as well over 19. So if you are mining a coin using the Myriad-Groestl such as DigiByte or Myriad on AMD hardware you should definitely consider upgrading the kernel (just replace the old .cl file with the new one) to get a lot of extra performance and increase your hashrate.
After a shaky start in choppy trade around $230 and $240, bitcoin price is covering increasingly larger distances as the upstrend accelerates. Will it go to the moon. Chart technicals suggest not yet. This analysis is provided by xbt.social with a 3 hour delay. Read the full analysis here. Not a member? Join now and receive a $29 discount using the code CCN29. Bitcoin Price Analysis Time of analysis: 15h09 UTC BTC-China 1-Hour Chart From the analysis pages of xbt.social, earlier today: RSI made a regular divergence to the new price high, and hence today's price correction. Larger RSI reverse […]
Which country has fewer poor than American and 80% of the Bitcoin transactions? Although it might come as a surprise, the answer is China. Despite a stock market and currency crisis, China has fewer poor than America, according to a Credit Suisse report. Yet, there is one thing of which this report falls a bit short: good data. Much of the data in the report is from government bodies and international bodies. People with firsthand knowledge of each country might take contention therewith. Nonetheless, CCN wondered if Credit Suisse's numbers could explain China's large Bitcoin volume. According to the Credit […]
The last few days the exchange rate of Bitcoin (BTC) has been steadily going up and today it has surpassed the $270 USD mark and that may not be the highest point it may reach this time. So you might want to keep a closer look at how things progress, though unfortunately it seems that the peak in price of BTC is not affecting much other coins as Litecoin this time. LTC has been keeping a steady exchange rate for a while now at a little above $3 USD. The exchange rate for ETH/BTC is going down, but due to the increase of the price per BTC the USD/EUR rate for Ethereum is still keeping relatively stable, but low level. This market situation is resulting in miners looking for some alternative coins to try mining and maybe get a better profit instead of the more established or popular ones in the last few days. The results is clearly seen in some altcoins having temporary spikes like DGB or GeoCoin among others, so you might want to keep an eye on the altcoin market for other not so popular names as well.
The alternative crypto currency DigiByte (DGB) has shown a temporary peak in interest with trading on exchanges that literally skyrocketed many times over other coins that are more popular, but again this was only a temporary peak in interest and thus in the price of the coin. The interesting thing about DigiByte is that it uses five independent mining algorithms to process transactions over the network with each algorithm accounts for about 20% of all blocks discovered on the network. This allows for greater decentralization as currently three of the five DigiByte algorithms are ASIC resistant and much better for GPU miners. The best GPU algorithms to mine on are Skein, Groestl and Qubit and you can also mine Scrypt and SHA-256 with an ASIC if you already have one. The DGB coin is traded on some of the large altcoin exchanges such as Cryptsy and Bittrex among others, so if you are looking for something new to try on you might give DigiByte a go though in the next few days we are probably going to see it get back to the previous price levels.
A year on from the national referendum where Scotland rejected independence from the UK - leaving the pound sterling to continue as its national currency, a member of Parliament from the Scottish National Party (SNP) issued a rallying call to his party and the country to begin experimenting with digital currency. George Kerevan, MP for East Lothian and a member of the SNP called for the country to start experimenting with digital currency and spoke about the British pound not being “the be-all and end-all,” insisting that a new digital currency could help Scotland reach beyond its reliance on the […]
While Swift CEO Gottfried Leibbrandt acknowledges that block chain technology is here to stay, he believes some of the current fintech being spoken about is “hype” and notes that blockchains in the private sphere are more substantial than it getting to replace existing commercial banking systems. Speaking to the Financial Times, international payments network Swift CEO believes there to be an underlying “hype” when it comes fintech and claims that the current financial industry ought to be more worried about the current state of cybersecurity rather than disruptive technology. The Society for Worldwide Interbank Financial Telecommunication (SWIFT) hosts the annual […]
Bitcoin price is being bought up in rally that began as a whimper, and is now approaching a way point after covering $40 in 3 weeks of strained advance. Once correction sets in we will be able to assess if this rally has legs. This analysis is provided by xbt.social with a 3 hour delay. Read the full analysis here. Not a member? Join now and receive a $29 discount using the code CCN29. Bitcoin Price Analysis Time of analysis: 14h56 UTC Bitstamp 1-Day Chart From the analysis pages of xbt.social, earlier today: The current advance is approaching two instances […]
Voxelus, a virtual reality (VR) content creation platform, will launch a cryptocurrency called voxels along with a VR marketplace it will be introducing next year, reported siliconangle.com. Voxels will be based on a Litecoin fork. To secure funding, Argentina-based Voxelus will sell voxels in a public crowdsale beginning Nov 2. Voxelus is a three-dimensional app that allows users to create VR games, experience and spaces without needing to write code. It features a VR player app that plays content using the desktop content tool on Oculus Rift or Samsung VR. There have already been more than 20,000 downloads of Voxelus’ Creator software […]
Independent journalist Bailey Reutzel recently wrote about the often undiscussed problem with open source software (hint: it's not open source itself). The problem she surmised (and confirmed in an interview with OpenBazaar CEO Manu Sporny), and which many agree with after decades of seeing the cycle, is that corporations rely on open source software for their profit model but do little to compensate the hardworking volunteers. Her article centers around the OpenSSL project, which suffered a serious vulnerability in recent memory with the Heartbleed bug. She points out that only a couple of full-time programmers are attached to the project, […]
The Bitcoin Group Limited – Australia’s largest operator for mining bitcoin, has received a boost in cash via investment platform BnkToTheFuture in return for shares in the company ahead of the planned launch of the mining operator’s IPO on November 11, 2015. In the weeks leading up to the launch of the world’s first bitcoin mining IPO, Australia-based Bitcoin Group Limited has, with the help of investment platform BnkToTheFuture, launched a ‘pre-IPO,’ with the setup of an investment fund. The fund, at the time of publishing this article, has raised close to USD $3 million of its USD $3.63 million […]
The UK Government’s Ministry for Economy and Finance - Her Majesty’s Treasury, tasked with setting the UK’s future economic policies is steadfast in its approval and welcoming of block chain technology and digital currencies. It started when the UK Treasury issued a public call in November 2014, seeking inputs for ways to effectively regulate digital currency. “What are the potential benefits of (this) distributed ledger technology? How significant are these benefits?” was one of 13 questions asked during the “call for information”; while fully acknowledging the fact that intermediaries such as banks wouldn’t be needed in such a system. In […]
