There has been a long list of figures who the press and online commenters have speculated are Satoshi Nakamoto, creator of Bitcoin. At one point, when Newsweek claimed Dorian Nakamoto, an unnamed individual left a cryptographic message stating, “I am not Dorian Nakamoto.” Many argued this in-and-of-itself does not prove Satoshi left the message. Read […]
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In a nod to the growing popularity of Bitcoin, Microsoft Excel – the most popular and widely used spreadsheet program in the world, will provide native support for the cryptocurrency’s format within the program. The Microsoft Office software suite, a collection of various programs which altogether makes for the most popular and widely used office […]
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The Financial Stability Board has discussed and reviewed distributed ledger or blockchain technology in a wider meeting covering its priorities in 2016, during a discussion in Tokyo over the past two days. The Financial Stability Board (FSB), a common platform that sees the coming together of senior policy makers from central banks, ministries of finance […]
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Bitcoin price hovers above $410 as the market comes face to face with its options. Buy today and risk betting on the reward-halving rally too soon, or sell now to buy into the post-Classic(TM) relief rally later. This analysis is provided by xbt.social with a 3-hour delay. Read the full analysis here. Not a member? […]
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After the announcement of the first HODL mining pool there was a centralization of most of the network hashrate in that pool as many people moved away from solo mining. Now we have a second HOdlcoin mining pool from Suprnova available, so you can move your hashrate there in order to balance out the hashrate distribution among the two pools and with the solo miners things should be safer for the HODL network. Of course having a few more pools won’t hurt either, but even with two mining pools things are significantly better than with just one, so this is definitely a move in the right direction.
In order to mine HODL with the new Suprnova pool you can use the same dedicated hodlminer CPU miner (source) available for download below in the form of a Windows binary. If this is the first time you are hearing about HOdlcoin (HODL) you might want to get to know about the altcoin a bit more as it has an interesting idea and bonuses for early adopters. Also the new Suprnova pool has a fee of just 1% as compared to the fee of 2% for the Blockquarry Hodl Pool, so this can also be a reason enough for some miners to switch and try the new pool. Do note that the Suprnova HODL pool was just launched, so there might be some things that need to be fixed, though it seems that the mining part is working just fine already.
– To download and try the hodlminer CPU miner for pool mining HODL coins on Windows…
In a recent article on Vice’s technology news feed, Motherboard, author Sebastiaan Deetman explores the energy efficiency of Bitcoin. The article begins with a brief and fatalistic assertion regarding the environmental impact of mass migration to Bitcoin (or a similar energy intensive cryptocurrency). Another Vice Motherboard contributor, Christopher Malmo, is quoted as saying, “Adopting Bitcoin as […]
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A new study by the Initiative for CryptoCurrencies and Contracts (IC3) at the Jacobs Technion-Cornell Institute authored by Christian Decker, Ittay Eyal, Andrew Miller and Emin Gün Sirer, among others, found that bitcoin’s blocksize could currently scale up to 4MB without affecting decentralization. According to the recently released position paper, On Scaling Decentralized Blockchains, 4,000 […]
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Known for his outspoken and firm stance against bitcoin and cryptocurrencies, German Klimenko, Russian President Putin’s newly appointed counselor and advisor on the internet has now called the cryptocurrency an Internet meme that went viral. He further dismissed the acceptance of the cryptocurrency in other parts of the world as “fiction”, claiming that the bitcoin […]
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It has been a tough couple of years for Ross Ulbricht and his family. In mid-2015, Ross Ulbricht learned his fate for his involvement in Silk Road (which was futilely appealed). The Silk Road, as readers may remember, was an online black market that featured everything from guns to drugs to counterfeit documents for sale. His […]
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CurrencyFair, an open-source, peer-to-peer, international currency exchange with offices in the U.K., Ireland and Australia, has raised an additional €8 million and announced a new chief marketing officer. The new funding brings the total investment in CurrencyFair to more than €20 million. Proxy Ventures, a venture capital firm, led the new funding, along with Octopus […]
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Last year there was some information about the upcoming next generation of Scrypt ASICs from Innosilicon as the company was looking for investors. Back then they already had apparently designed and taped-out the A4 Dominator chips and needed sufficient investment to start making the chips using 14nm production process. Now, about four and a half months later Innosilicon comes with an official announcement of the final specifications and additional details of the upcoming A4 Dominator Scrypt ASICs that are apparently now entering into production.
The next generation Innosilicon Scrypt miner using 14nm ASIC is code-named A4 Dominator as already expected. This is a full custom optimized LTC mining ASIC with a focus on efficiency and cost, that should be capable of delivering up to 4 MHS per chip with as low as 1.5W of power usage per MHS efficiency in a DCDC less daisy chain configuration. This should allow for next gen Scrypt miners to offer 400 MHS to 500 MHS hash power per box, with easily over 300% better power efficiency over the previous generations. Initial batch of A4 ASIC chips is expected to be available in May for miner developer to design PCB and software, mass produced A4 ASIC/Miners should be available in June/July 2016 based on pre-order sequence.
Innosilicon A4 Dominator ASIC and Miner Specifications:
– A4 Miner: 400 MHS per 1 KW power supply in one standard miner box
– A4 ASIC: 3.5 MHS per chip performance at 2.5 W/MHS nominal
– Extreme Low Power: ASIC with large memory running at single rail 0.6V
– One Start and New PCB: eliminate the need of DC-DC components and enable 14 to 20 A4 chips – running off the single 12V DC supply
– PSU Requirements: common PCI-E 8 Pins/6+2 Pins with 12V output
– Included: Raspberry Pi running the user friendly A2 Terminator software
– Server Grid Reliability: Built-in high-procession temperature sensor for automatic chip protection and variable frequency operation to maximize chip life time
There is no word about pricing at the moment, but it seems that Innosilicon is finally going to beat the KnC Titan Scrypt ASIC miners in terms of performance and power usage as the king in Scrypt mining efficiency at the moment. Unlike KnC however whose miners are no longer available and were problematic as hell and quite expensive when launched, based on our experience with previous A2 miners we know that we can expect a more affordable and reliable product from Innosilicon that should not give you a lot of headaches like many Titans did. There is no word on pricing yet, but a somewhat acceptable price would be in the 2K USD range, otherwise there might be not much demand for it with the current market conditions. With the high expectations we had and the total failure that SFARDS turned out to be in making available their products our hopes for Innosilicon finally starting to do something on the LTC and Scrypt crypto currency mining front are high, but let us see what will happen this summer…
– The official announcement of the upcoming Innosilicon 14nm A4 Dominator Scyrpt ASICs…
Post-trade market infrastructure provider DTCC, the Depository Trust & Clearing Corporation and blockchain startup Digital Asset Holdings have announced plans to develop distributed ledger solutions to improve the current process he clearing and settlement of repurchase agreement (repo) transactions. In a new announcement by DTCC and Digital Asset, the firms will develop and test a […]
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Bitcoin price decline continued all day, and pattern analysis shows $400 (Bitstamp) is a likely target during the coming 24 hours. 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 […]
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Canadian bitcoin exchange CoinTrader has shut down its operations. By the look of things, there is no indication that the exchange will resurface at a later time, either. CoinTrader, a Canadian bitcoin exchange that – in addition to its exchange platform – also has BTM ATM machines in London and Tokyo, along with point-of-sale systems […]
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In a breakthrough special address to the Depository Trust & Clearing Corporation 2016 Blockchain Symposium, CFTC Commissioner J. Christopher Giancarlo, signalling the changing attitude of regulators towards blockchain technology, called on regulators to follow private sector innovation, and not lead, to adopt a light touch approach and to primarily follow the philosophy of “do no […]
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Billing itself as “the easy instant access to Bitcoins,” Bitit, a Paris, France-based bitcoin sales platform, allows people to buy bitcoin for cash or credit card in stores and online. The vouchers and prepaid gift cards are available at 100,000 stores. There is a map of the stores on the company website. Bitit’s goal, according to […]
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The Digital Currency Initiative (DCI) in part with the MIT Media Lab has announced in a blog post that a $900,000 Bitcoin Developer fund has been started to help fund independent research of Bitcoin associated technology. Appropriately, the fund has a specific wallet set up to accept funding donations in the form of Bitcoin as […]
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Shake Alpha, based in Montreal, Canada, is a mobile app that allows users to tap and pay with bitcoin at contactless terminals that accept VISA cards, according to the company’s blog. It is an Android app equipped with near field communication (NFC). NFC allows a phone to emulate the interaction between a terminal and a […]
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Bitcoin price sold off from a bull-trap at 09h00 UTC today. The move lower has changed the chart technical bias to bearish across the board. An escape route out of stronger decline still exists, but time is running out. This analysis is provided by xbt.social with a 3-hour delay. Read the full analysis here. Not […]
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It has been almost a year since the Great Bitcoin Debate, which unleashed Bitcoin’s civil war, was brought to public attention. Now, a year later, an unofficial truce seems to have been reached with bitcoin’s potential crypto competitors, such as Ethereum, and potential competition from numerous bank sponsored consortiums focusing attention once again on making […]
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A recent article in International Business Times revealed just how committed IBM is to helping industries reinvent themselves using blockchain technology. Jerry Cuomo, IBM’s vice president of blockchain, favors a blockchain-enabled insurance plan for driverless cars. He also sees an opportunity to move supply chains to the blockchain. As for improving global supply chains, the change […]
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Ethereum, a public blockchain platform which boasts its smart contract technology, represents a decentralized virtual machine executing peer-to-peer contracts with its native digital cryptocurrency Ether (ETH). But, just how decentralized with it? A quick analysis of the network demonstrates that the phenomenon which has terrified bitcoiners for so long has taken hold on the Ethereum […]
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Blockchain marks the next “jump” in business process/optimization technology, according to a newly-released PriceWaterhouseCoopers (PwC) report on fintech. The report, “Blurred lines: How FinTech is shaping Financial Services,” compares blockchain to Enterprise Resource Planning (ERP) software that allowed entities and functions within a business to optimize processes by sharing logic and data within the enterprise. Blockchain, […]
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The Russian Finance Ministry has long taken a determined hardline stance against bitcoin and other digital currencies, deemed by the regulator as ‘surrogates’ of the ruble. The Deputy Minister of Finance in Russia hopes that the draft law calling for the criminalization of bitcoin will be passed to the State Duma – the lower chamber […]
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When talking about GPU mining with Nvidia-based GPUS for crypto currencies there are two models that usually come in mind – the GeForce GTX 750 Ti and GTX 970. When talking about Ethereum mining however Nvidia mining rigs do not do that well compared to AMD-based rigs and while the GTX 970 does pretty well at about 20-21 MHS the GTX 750 Ti is performing terribly, so it is not suitable for ETH mining. A good choice for GPUs that have only 1 GB of video memory or do not perform well for mining Ethereum is to go for mining Decred (DCR) at the moment, so you have good alternative. But if you are currently building a low powered multi-GPU mining rig at the moment with Nvidia-based GPUs the card of choise will most likely not be the 750 Ti anymore, you should go for the slightly more expensive GTX 950.
The GTX 950 is doing much better for mining Ethereum as compared to GTX 750 Ti, you can expect to see somewhere around 10 MHS from the 950 and it has been like that since the beginning (no performance drop like on some AMD cards). The reference design GTX 950 has a TDP of 90W as compared to 60W for the reference design GTX 750 Ti, but it also offers higher performance and is usable for Ethereum mining at 10 MHS. So a 6 GPU mining rig using Nvidia GeForce GTX 950 video cards should come at about 600W of total power consumption at max load and giving you about 62 MHS hashrate for mining Ethereum (Ethereum does not use the most power hungry algorithm). The GTX 950 does pretty well for other mining algorithms as well, you have alternatives available like DCR and will still get good performance and profit. Here is a comparison between GTX 750 Ti doing around 500 MHS with the latest ccMiner fork from tpruvot with Decred support (the faster 64-bit version) versus around 645 MHS for GTX 950, these numbers are from the publicly available miner. So do consider going for GTX 950 instead of GTX 750 Ti if you are building an Nvidia mining rig now and GTX 970+ is not an option at the moment.
The FutureBit MoonLander is an ASIC Scrypt USB stick miner made by jstefanop on Bitcointalk that is based on a single Alcheminer AlcheMist Scrypt ASIC chip. A small SCrypt-based ASIC miner intended to provide a hashrate between 0.4 and 1.2 MHS with a power usage of about 5W per megahash. The device is user overclockable with voltage adjustment available via a variable resistance potentiometer on the board and clock setting via the software miner. Using the device directly plugged into a USB 3.0 port you should be able to push it somewhere close to a Megahash with the available 4.5W of power, for more you will need a powered USB HUB capable of providing more power to the USB miner and probably active cooling. We have purchased a single unit in order to be able to try it out and see how well it performs, so you can expect our first impressions and test result from the FutureBit MoonLander very soon.
FutureBit MoonLander Specifications:
– Scrypt Hasrate: 400 KHS to 1.2 MHS performance
– Power Usage: about 5 watt per Megahash
– Voltage Adjustment: fully customizable core voltage range from 0.7 – 1.1v
– Power Efficiency: really efficient 5v->core voltage stage with about 95% efficiency
– Heavy duty/over speced parts were used to ensure wide range of operation (this thing can put out 20amps if you wanted to push it that far)
– Status LEDs for power, TX and RX transmission
– Uses latest bfgminer 5.4 for control and mining
– Will work with all Mac OS, Linux, and Windows based PCs
The price of the FutureBit MoonLander USB Scrypt ASIC miner is $39 USD plus shipping and you can order directly form jstefanop over at Bitcointalk or get via it via some of the official resellers while they have units. There are two US resellers – Asicpuppy and HolyBitcoin and there is one reseller for Europe – Bitshopper.
Do note that these USB Scrypt ASIC miners won’t make you rich mining Litecoin (LTC) and even ROI won’t be very fast at the current moment, they are not meant for that. The FutureBit MoonLander is a handy little device that is affordable enough for people that want to experiment with Scrypt mining for fun. With that said however if you point the miner at some Scrypt altcoin with low network hashrate and difficulty, mine some coins and then sell them at the right moment you can still do pretty good.
– For more information about the FutureBit MoonLander USB Scrypt ASIC miner…
Bitcoin services startup Coinkite has announced that it will soon be dropping its popular and secure bitcoin web wallets, Tor access to users as well as their API in order to focus on hardware-based bitcoin products and services. The phase out from its current roster of services including its web wallet will play out over […]
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Spurred by Ethereum’s recent high-profile write up in the New York Times, Chris DeRose, Community Director at the Counterparty Foundation took to Twitter to vent his disbelief that Ethereum will amount to all its hype. On DeRose’s personal Twitter page, he sent a tweet to Bitcoin beat writer Nathaniel Popper, the journalist who penned the […]
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Bitcoin price broke above its narrow 4-day trading range, but may soon re-enter the horizontal layer that has been constraining market activity. 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 […]
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Former Bitcoin Core developer and current R3 employee, Mike Hearn, has claimed that Blockstream – a blockchain-based startup comprised by a group of Bitcoin core developers is the source of the refusal behind Bitcoin’s block size increase. He also cites that Bitcoin’s “leader” is Blockstream co-founder and CTO, Gregory Maxwelll. In a post made on […]
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Speculation arose that Australian markets operator ASX (Australian Securities Exchange) could potentially review its investment and foray into embracing blockchain or distributed ledger technology for post-trade solutions, after the departure of CEO Elmer Funke Kupper. However, ASX executive chairman Rick Holliday-Smith has confirmed that the ASX is committed to blockchain technology solutions. It was earlier […]
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Ethereum, considered by many to be the most promising altcoin, has grabbed the attention of The New York Times. The “newspaper of record” has run a big feature story on Ethereum, noting its value has spiraled 1,000% in the last three months and is attracting interest from major financial companies that are using it for […]
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These days we hear a lot about multinational corporations entering the blockchain space via partnerships with each other. Less known are the blockchain companies, who do not have ties to multinationals, partnering with each other to push blockchain technology. Last week, Eris Industries selected Ledger as its hardware security partner in the pursuit of bettering […]
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Bitcoin price broke above its narrow 4-day trading range. A strong resistance zone waits a few dollars above price. 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: 16h00 […]
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Coinify, a Denmark-based blockchain currency payment provider, has partnered with a Hong Kong payment service called iPayDNA International to offer blockchain payments to merchants in Asia, allowing merchants to accept 17 blockchain-based currencies, including bitcoin. Coinify also recently partnered with a Vietnamese bitcoin exchange. The agreement allows Coinify to offer its blockchain merchant processing service to merchants in […]
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We have recently covered HOdlcoin (HODL) as an interesting new altcoin. For the moment HODL is only CPU mineable and you could only mine it solo with the wallet, but the first mining pool is now available with a dedicated hodlminer CPU miner (source). The miner supports Stratum and you can control how many CPU cores you want to utilize to mine HODL, however at this point it does seem to be slower than the built in CPU mining in the wallet. With hodlminer we are getting just about 1/4th of the hashrate we get in the wallet or just about 45-50 H/s as compared to about 200 Hashes per second in the wallet (under Windows 7) using an Intel Core i7 5820K CPU (6 cores – 12 threads). So you might want to wait for a more optimized miner to become available and keep solo mining for the moment in order to have higher hashrate available. Using pool mining does provide lower rewards per block, but also should ensure stable and more predictable mining income, unlike when solo mining at this already pretty high difficulty where luck plays a lot of role in how much you will make.
– To download and try the hodlminer CPU miner for pool mining HODL coins on Windows…
Bitcoin price remains within the narrow $7 range that has constrained trade during the past four days. Although price is currently declining, there is a strong support level nearby, in the form of the 200-period moving average. This analysis is provided by xbt.social with a 3-hour delay. Read the full analysis here. Not a member? […]
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A roundtable hosted by CIGI in Toronto, called “Regulating Blockchain & Distributed Ledger Technologies: Challenges and Opportunities for Canadian Innovation”, featured individuals from industry, government and academia. Addison Cameron-Huff, a technology lawyer, recently blogged his thoughts about that panel. There are very important questions he feels people must ask themselves before knowing fully the right […]
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This week’s terror attacks in Brussels has caused French Interior Minister Bernard Cazeneuve to cite the darknet as a terrorist tool and call for measures to improve intelligence expertise in technologies terrorists use, according to a French ministry website. Because cryptocurrency is used for darknet transactions, efforts to control the darknet could fuel government efforts to control cryptocurrencies in […]
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The iBeLink DM384M is the first to market X11 ASIC miner and while it is a pretty good product, there are still some things to be desired. In terms of hardware the X11 ASIC miner offers a solid build and reliable performance making it pretty capable for mining in a data center even in not so favorable conditions even when the environment temperature is not the best. The power usage is at a good level for the high performance it offers of 384 MHS for X11 mining, but the noise level makes it inappropriate for home miners. Temperature wise the situation is good thanks to the powerful server grade cooling used to keep the miner operating stable as you can see from these thermal images of the device in operation. Pretty much what is missing in terms of hardware is the presence of thermal sensors and fan control available for the users, the first is not hard to implement considering that the built-in controller of the miner is a Raspberry Pi. Fan speed control and failsafe could be trickier to implement as it would also need to be able to ignore users settings if the conditions require it and even to shutdown the miner in case a fan fails. Not to mention that implementing fan speed control and monitoring would not be very usable without the miner having thermal sensors, but the current implementation with server grade fans is good enough and should provide long and reliable operating with adequate cooling.
On the software side however there is much more to be desired, even though the basic web-based functionality you get is a pretty good starting point. we have already mentioned the device uses a Raspberry Pi controller with a modified version of the MineNinja software to provide a web-based frontend to the cgminer 3.5.6 backend. The web frontend provides a lot of numbers to the users, but they do not always seem to be correct, especially in terms of the actual hashrate you are getting from the device, so you need to look at the pool reported speed. Furthermore the web-based control lacks some very basic features such as password protection for access control or the ability to use a different pool mining strategy than the default failsafe one that is available. With big and powerful ASIC miners we often see that the web-based control software offers only pool failsafe options, but no load balance strategy for example. So while this will be fine if you are mining a high difficulty coin, if you go for a low difficulty and hashrate one throwing your full hashrate you will quickly raise the coin difficulty a lot. The cgminer backend does come with support for different pool strategies, so the problem is in the functionality available in web-based interface. Unfortunately for the moment the source code of cgminer or at lest the driver for the device is not yet publicly released, so we cannot have support built in other miners and web frontends. So for the moment the iBeLink DM384M is best for use with high difficulty X11 coins…
Bitcoin Press Releases: KeepKey, the leading bitcoin hardware wallet on the market today, is being offered at a lower price. The device now has greater accessibility to digital currency users worldwide. KeepKey will now retail for $99, down from its previous price of USD $239.00. “The only complaint we have ever received about KeepKey was […]
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United States senator Bernie Sanders, a Presidential hopeful as a candidate for the Democratic nomination up against Hillary Clinton and whose entire campaign funding comes predominantly from donations is now accepting bitcoin, perfectly coinciding with his image as a grassroots candidate. With about 2 million donors, 5.7 million contributions at an average of $27 to […]
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Are bitcoin transactions really frictionless compared to traditional currency? Alexander Kroeger, a research analyst at the Federal Reserve Bank of New York’s Research and Startup Group, and Asani Sarkar, an assistant vice president at the bank’s Integrated Policy Analysis Group, analyzed bitcoin transactions and concluded that price differences across bitcoin exchanges and other factors create […]
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Bitcoin Press Releases: March 11, 2016 — Binary options trading platform eXbino ( is pleased to announce several new developments aimed improving the trading experience for its users. The company is working on integrating SpotOption software into its platform. Exbino would also like to announce its new eXbino Follow feature, which enables social trading. The […]
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Recently, Bitcoin investor and ex-American citizen Roger Ver issued a video challenge on Adam Kokesh’s Youtube channel to Bernie Sanders. In the challenge, Ver begins with a preamble on what he views as the immoral roots of paying taxes and goes on to explain why he believes in voluntaryism vs. socialism. The video concludes by […]
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In a nod to the ever-expanding Fintech bandwagon, Italy’s UniCredit is the latest bank to join in, by pledging a €200 million fund that will aid mid-stage startups and established Fintech businesses. The fund is being set up in partnership with London-based venture and advisory firm Anthemis Group. A new joint investment venture and partnership […]
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Hollywood sets trends. What the stars wear, people generally begin wearing, perceiving it to be hip. It could be that a great many more people will be entering into the Bitcoin space, supposing their subconscious picked up on a little image in the background of a few scenes. Can you see it? There in the […]
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Coinsource, a bitcoin ATM network, has installed its first bitcoin ATM in San Francisco, in a grocery store in the city’s Mission district, according to SFist.com. The installation marks the network’s 18th ATM from New York to California. The San Francisco installation demonstrates the San Diego, Calif.-based company is following through on its expansion plans […]
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Influxcoin (INFX) is apparently today’s big hit in the world of altcoins as the interest and the exchange rate of the coin has exploded. The reason for the peak is the official announcement that the Microsoft has added the project in their continuing expansion of Azure’s Blockchain as a Service. Other coins that have been added today include Expanse (EXP), a project that was forked from Ethereum, Monero (XMR) and Radium (RADS). Influxcoin (INFX) is currently the most profitable X11-based altcoin to mine, so owners of iBeLink X11 ASIC miners might be interested in it, though larger scale X11 GPU miners might want to check it out as well. EXP, XMR and RADS are also gaining in terms of exchange rate, so worth keeping an eye on them as well, but INFX has shown the highest growth among the newly announced coins supported by Microsoft’s Azure.
Dcoin, a distributed network cryptocurrency, has passed a few milestones in its bid to become a widely-used currency that could someday replace national currencies. The project, after nearly five years of planning, has received external funding, has published its app on Play Store, and is seeking input from users. Dcoin allows users to earn money […]
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Bitcoin Press Releases: The Emercoin Group has begun the process of launching its research and development laboratory for blockchain technology. Emercoin, a leading digital currency and blockchain platform has begun the process of launching its R&D lab for blockchain technology. The focus of the laboratory is multi-faceted and its creation serves as the next step […]
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Bitcoin Press Releases: A new project aims to disrupt the $200 billion Cable TV sector, using a market-driven platform fuelled by its own digital currency Sollars and $ense. The platform where content creators can set their own price for their content was recently announced on bitcointalk. Solomon Adekale, filmmaker crypto-currency entrepreneur and founder of Sollywood […]
The post Sollywood TV’s New Money Project Aims to Disrupt Cable TV Sector Using Blockchain Technology appeared first on CCN: Financial Bitcoin & Cryptocurrency News.
Bitcoin Press Releases: Lisk raises over 14,000 BTC (approx. 5.7 Million USD). Placing the Lisk ICO as the second most successful crypto-currency crowd-fund to date, and within the top 20 highest funded crowd-funds world-wide. Aachen, Germany – Lisk, the decentralized application and custom blockchain platform has successfully finished its crowd-fund and raised over $5,700,000 (14,000 […]
The post Lisk Raises Over 5.7 Million USD in 2nd Most Successful Crypto-Currency Crowd-Fund to Date appeared first on CCN: Financial Bitcoin & Cryptocurrency News.
Bitcoin Press Releases: OXBTC recently released a promotional cloud mining contract with “A Price No One Can Compete With” as they state at only $149 per THS, which seems to be the lowest price among major cloud mining service providers globally. However, it is only a short-term promotion with limited supply as well for the […]
The post OXBTC Releases The Most Cost-efficient Cloud Mining Contract appeared first on CCN: Financial Bitcoin & Cryptocurrency News.
Bitcoin price fell away from yesterday’s strained highs, but a price correction introduces some uncertainty about what’s next. Previous price patterns suggest the decline will continue, but simple technical analysis helps us plan contingency, and identify the confirmation of decline. This analysis is provided by xbt.social with a 3-hour delay. Read the full analysis here. […]
The post Bitcoin Price Back In Decline? appeared first on CCN: Financial Bitcoin & Cryptocurrency News.
Brian Forde, MIT Media Lab’s director of digital currency, explained how bitcoin and the blockchain could transform the way the world does business during a podcast interview presented by Inc. Uncensored. A team of Inc. editors, led by Editor James Ledbetter, introduced Forde and asked him to give an overview of bitcoin and the blockchain […]
The post MIT Media Lab Director: How The Bitcoin Blockchain Can Unlock The Internet’s Full Potential appeared first on CCN: Financial Bitcoin & Cryptocurrency News.
Ethpool has launched a new mining pool for EThereum (ETH) with a more standard PPLNS mode for payment as with the increase of network hashrate and difficulty the payment method used by the original Ethpool is not very favourable for smaller miners. Ethermine is a direct successor of Ethpool. It provides the same level of mining efficiency and service as Ethpool, but pays out using the traditional and fair PPLNS mode. Payouts are instant and you will receive your Ether coins as soon as you reach a minimum balance of 1 ETH. The new pool supports Stratum mode using Stratum Proxy v0.0.5 by dwarfpool, Stratum mode using QtMiner and the more traditional Getwork mode using ethminer. The mining fee will is now reduced to 0% for the remaining week in order to make the new pool more attractive for users to switch to it, so you might want to give it a try.
– To check out the new Ethermine PPLNS Ethereum Mining Pool by Ethpool…
27 years on Wall Street to Bitcoin. An increasingly common evolution for former Wall Street executives. Blythe Masters was one of the most publicized to leave Wall Street to explore digital currency and blockchain technology. If her history at JP Morgan is any sign, she might be exactly the right person to fight in favor […]
The post The Woman Who Could Help Build A Blockchain Winner appeared first on CCN: Financial Bitcoin & Cryptocurrency News.
The founder of the Bitcoin Association Switzerland, Luzius Meisser, recently released the results of a block size survey he conducted. He wanted to test the differences in which entrepreneurial and technical mindsets viewed the block size problem. His hypothesis stated that entrepreneurs likely favor larger blocks than those of a technical mindset. “And the answer seems […]
The post Block Size Survey Gives Bite Size Sample On Bitcoin’s Sentiments appeared first on CCN: Financial Bitcoin & Cryptocurrency News.
A YouTube video, “Bitcoin: The End of Money As We Know It,” explains the history, workings and potential of bitcoin. At just more than an hour in length, the video includes a film by Torsten Hoffmann that is not highly technical, yet it gives an overview of bitcoin that can be enjoyed by bitcoin veterans […]
The post Video: Bitcoin as ‘The End Of Money As We Know It.’ appeared first on CCN: Financial Bitcoin & Cryptocurrency News.
Having fallen out of favor in the circles of highly influential blockchain technology players, Bitcoin likely won’t see its widespread commercial adoption beyond the retail and speculation level. This is a long-term view, and not to minimize the usefulness and impact of what Bitcoin is and has inspired. But, as players like R3 CEV, […]
The post Entering The Post-Bitcoin Digital Economy appeared first on CCN: Financial Bitcoin & Cryptocurrency News.
Bitcoin price attempted another shot at the 4-hour chart 200-period moving average today without success. The market lacks conviction and price should draw lower as a result. 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 […]
The post Bitcoin Price Turn-Around At $420 appeared first on CCN: Financial Bitcoin & Cryptocurrency News.
The Finance Ministry in Russia, long known for taking an aggressive stance against Bitcoin is now developing a proposal to officially ban bitcoin in Russia. The proposal by the Finance Ministry cites the Russian Central Bank to be the sole issuing authority to create what it sees as the only valid currency in the country, […]
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T3n, a German tech magazine has revealed that it will allow its employees to gain a portion of their salary in bitcoin. German tech publication t3n, an outlet that publishes technology news in both print and online media has revealed that it has been conducting a trial since November 2015 which sees its employees receive […]
The post German Tech Magazine Trials Employee Payroll with Bitcoin appeared first on CCN: Financial Bitcoin & Cryptocurrency News.
The Central Bank of the Russian Federation will consider ways to use bitcoin blockchain technology when it meets in June as oil exporting countries such as Kazakhstan wrestle with eroding confidence in currency caused by low oil prices. Grigory Marchenko, the ex-chairman of the National Bank of Kazakhstan, wondered what impact cryptocurrency would have on […]
The post Oil Slump Hammers Kazakhstan Currency; Russian Central Bank To Explore Role For Bitcoin Blockchain appeared first on CCN: Financial Bitcoin & Cryptocurrency News.
A local report has revealed that a Taiwanese couple has allegedly defrauded over 1,000 people in Taiwan with the promise of a large-yield bitcoin investment that quickly proved to be a scam. A Ponzi scheme disguised as a high-yield investment program promoted by a couple simply known with the surname ‘Shi’ have defrauded over a […]
The post NT$50 Million Taiwanese Bitcoin Investment Scam Swindles 1000 Investors appeared first on CCN: Financial Bitcoin & Cryptocurrency News.
It seems that owners of video cards with 2GB of video memory has started having issues mining Ethereum (ETH). People are reporting that their cards are not being able to properly allocate the DAG file needed for mining with Ethminer even though it is still well below 2GB in size (a little over 1.3 GB at the moment). The error people with 2GB VRAM GPUs trying to mine Ethereum are getting is the following:
Creating one big buffer for the DAG
Allocating/mapping single buffer failed with: clCreateBuffer(-61). GPU can’t allocate the DAG in a single chunk. Bailing.
clEnqueueWriteBuffer(-38)
There are numerous suggestions on how some people were able to resolve the problem and make their 2GB VRAM video cards able to mine again Ethereum without more problems, but it seems that now all of them work for everyone and in all cases. We have tried different suggestions and have experimented, until we have found out a working solution that works fine on an AMD Radeon R9 285 GPU with 2GB of video memory, so you might want to try and see if it will work for you as well. Try executing the following commands in Windows before running ethminer and see if it will help:
setx GPU_FORCE_64BIT_PTR 0
setx GPU_MAX_HEAP_SIZE 100
setx GPU_USE_SYNC_OBJECTS 1
setx GPU_MAX_ALLOC_PERCENT 100
Some people are reporting that they only need to do “setx GPU_MAX_ALLOC_PERCENT 100” and things work fine after that with their 2GB GPUs, but we were not able to make things work only with that variable. So do try and report what works and what does not for you, setting all of the four environment variable listed above did the trick for us. Restarting the computer after applying the environment variable listed above may be required for some users to make them work properly.
Linux users might try this as well, however you need to replace the setx with export and add = before the value you want to set, so the above list of commands needed for Linux users mining Ethereum should look like this:
update GPU_FORCE_64BIT_PTR=0
update GPU_MAX_HEAP_SIZE=100
update GPU_USE_SYNC_OBJECTS=1
update GPU_MAX_ALLOC_PERCENT=100
Do note that we have not tested if this fixes the issue for Linux users, we can confirm that it worked for us under Windows, so if you test on Linux mining rigs with 2GB video memory GPUs please write in the comments if it helped you or not.
Wirex Limited, the London, U.K. producer of the E-Coin bitcoin debit card, has made it possible for users to buy bitcoin using an E-Coin virtual Visa card and PayPal. E-Coin users can buy bitcoin with PayPal from the following countries: Bahamas, Bahrain, Botswana, Bulgaria, Chile, Croatia, Estonia, Georgia, Gibraltar, Honduras, Iceland, Indonesia, Israel, Italy, Jordan, […]
The post Wirex Enables Bitcoin Purchase via PayPal appeared first on CCN: Financial Bitcoin & Cryptocurrency News.
The fork of ethminer from Genoil that is specifically optimized for Nvidia CUDA GPUs has been updated to a new version – Ethminer 0.9.41-genoil-1.0.6 (source). The latest release of Genoil’s ethminer for CUDA comes with some fixes and new useful features, so if you are using it you might be interested in updating to 1.0.6. The latest version by default should run on all available CUDA GPUs like it does for OpenCL, it has an option to delete old DAG files that are just taking up space, comes with Stratum support and an option to set a failover pool in case the main one fails for some reason. You can check the help.txt file for the new options available in the latest release and yo are welcome to try them and report if everything works Ok for you. The fork from Genoil, although targeted at Nvidia CUDA miners, will also work on AMD OpenCL GPUs, but there it should not be any different than from the default ethminer that is OpenCL only.
– To download and try the latest Ethminer 0.9.41-genoil-1.0.6 for Windows OS…
There has not been an update to the public ccMiner fork by SP of his Nvidia Maxwell optimized miner for quite some time, but he has just released some optimizations and so here comes a new Windows binary compiled from the latest Git source code of the ccMiner 1.5.78-git SP-MOD fork (source). The latest release comes with some small performance improvements in many algorithms, namely x11, x13, x14, x15, x17, nist5 and quark, so if you are mining any of these you might want to update. Have in mind that is also a CUDA 7.5 compiled release, the latest CUDA 6.5 release of SP’s fork of ccMiner was version 74. 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 7.5 and VS2013.
– To download the latest ccMiner for Maxwell version 1.5.78-git by SP for Windows OS…
Hashflare is the second cloud mining service provider to start offering Ethereum. After a long period of pre-orders being accepted this Monday (March 21st) the first batch of Ethereum cloud mining hashrate went online and now the company is now taking pre-orders for the second batch that is expected to start mining sometime between April 4th and 11th, so if you purchase now you will have to wait some time before you start earning anything. Unlike the SHA-256 and SCrypt cloud mining hashrate that the service offers where it pays in Bitcoin only, with Ethereum cloud mining you are getting payments in Ethereum coins
The minimum you can purchase is 100 KHS with a regular price of $4.25 USD per 100 KHS or $42.50 USD for 1 MHS hashrate. The mining contracts are with 1 year duration and everything is included in the price of the hashrate, so there are no extra fees that you need to pay. It is not very clear however what will happen if Ethereum switches to POS phase before the end of your 1 year contract. There is a promotional code available that can help you get 12% discount from the regular price that is there in order to compensate users for doing a pre-order, just enter the following discount code when checking out HF16ETHER12. If you don’t want to pre-order cloud mining hashrate and wait for the mining to start, then you can always go to Genesis Mining that has been offering users ETH hashrate for quite some time and after you purchase it will start mining for you right now.
– To check out the new HashFlare Ethereum (ETH) cloud mining hashrate available for pre-order…
Brian Armstrong took to Medium to elaborate upon the Coinbase mission. The 100 person company, Armstrong notes, had grown too large for them to communicate daily with all of their employees, and therefore “we decided to craft a clear vision, mission and strategy for the company.” While he describes the process to determine the vision, […]
The post What Is Bitcoin Exchange Coinbase’s Vision, Mission & Strategy? appeared first on CCN: Financial Bitcoin & Cryptocurrency News.
In an attempt to patent the term ‘Bitcoin’ in Russia, a Moscow-based firm called M-Group filed an application at the Russian patent office. The application was duly rejected. Rospatent, the Russian patent agency has recently confirmed the rejection of an application by a Moscow-based firm which filed a patent request to trademark ‘Bitcoin.’ According to […]
The post Russian Firm Fails in Attempt to Patent ‘Bitcoin’ appeared first on CCN: Financial Bitcoin & Cryptocurrency News.
Bitcoin Press Releases: FortuneJack is pleased to offer a 3 BTC deposit bonus for all new players. The casino continues to innovate with a range of Live dealer games such as Poker and Blackjack, Bitcoin slots, provably fair Dice, and more. FortuneJack now offers everything from a 100% deposit bonus up to 3 BTC on […]
The post FortuneJack Offers Bitcoin Deposit Bonus of 3 BTC, Live Dealer Games, and Over 400 Bitcoin Slots appeared first on CCN: Financial Bitcoin & Cryptocurrency News.
Bitcoin Press Releases: An engineering team from Australia have created a technology that allows a developer to contribute to a software project yet still retain their intellectual property, and earn bitcoin for each contribution. Using this new technology, it is now possible for developers to repeatedly trade their specialist design expertise in exchange for bitcoin, […]
The post New Code Valley Initiative – Making Bitcoin’s Killer App appeared first on CCN: Financial Bitcoin & Cryptocurrency News.
Bitcoin price looked to be curving into advance today, but analysis shows the move is spent and must first pull back if it is to continue higher. Meanwhile, crucial support could be tested in the coming hours and days. This analysis is provided by xbt.social with a 3-hour delay. Read the full analysis here. Not […]
The post Bitcoin Price Ranging In Coyote Country appeared first on CCN: Financial Bitcoin & Cryptocurrency News.
Registered members of the Republican party in Utah will be able to nominate a candidate for the United States Presidency by placing a vote without having to visit polling stations by submitting them via the internet at the party’s website. The votes will be submitted and secured on a blockchain. For the first time ever […]
The post Blockchain Tech Enables Utah Republicans to Vote for Candidate appeared first on CCN: Financial Bitcoin & Cryptocurrency News.
A New York startup called Mine Labs has started a metadata protocol based on blockchain technology called Mediachain that uses the Interplanetary File System (IPFS), a “hypermedia distribution protocol,” to protect rights to digital works, according to Nasdaq. Other blockchain-based authentication systems use an encoded ID to reference centrally-hosted data, but these have limited storage […]
The post Protecting Rights to Digital Works with Blockchain Technology appeared first on CCN: Financial Bitcoin & Cryptocurrency News.
BitPay introduced one potential fork of Bitcoin Core in a series of blog posts by CEO Stephen Pair. In the series, Pair describes an “adaptive block-size limit.” Pair expressed his belief on the Medium post’s that he believes Bitcoin does not need a fixed limit, though that would create uncertainty for miners. Pair believes […]
The post BitPay Core Coming Soon for Bitcoin Blockchain? appeared first on CCN: Financial Bitcoin & Cryptocurrency News.
You’re in your cubicle. The local radio station distracts you with 4/4 beats, and a DJ whispering sweet nothings through the airwaves. In other cubicles, co-workers bide their time, waiting for the time when they can clock out and meander to the local lowbrow lounge and drink away the pent up energy accumulated from a […]
The post How A Blockchain Could Revolutionize The Cubicle appeared first on CCN: Financial Bitcoin & Cryptocurrency News.
There is a new sgminer 5.3.1 fork from tpruvot with support for both AMD and Nvidia GPUs for mining Decred (source) that should work better than the previously available official cgminer fork for DCR. This sgminer fork comes with support for both protocols for mining Decred, the official getwork and the getwork over stratum implementation from tpruvot and as already mentioned it works on both AMD and Nvidia GPUs (it uses OpenCL on Nvidia as well and not CUDA). We have prepared a 32-bit and a 64-bit Windows binary of the new sgminer 5.3.1 fork compiled with VS2013, but have in mind that the NVML monitoring for Nvidia only works with the 64-bit version and the 32-bit one does seem to provide a bit higher hashrate of the two. In fact we are seeing a bit better hashrate using this sgminer fork on Nvidia than when using tpruvot’s ccMiner with Decred support, so you might want to try it with Nvidia GPUs and see if it will provide a bit more hashrate. AMD miners should have less problematic mining experience when using this sgminer fork compared to the various cgminer releases for Decred and with this miner you should be able to get better results when mining on pools with getwork over stratum support as compared to ones with only standard getwork implementation available.
– To download and try the new AMD/Nvidia sgminer 5.3.1 tpruvot for Decred for Windows OS…
By raising $1 million in seed funding, blockchain startup RSK Labs will develop Rootstock, a smart contracts platform that will be deployed as a sidechain on the bitcoin blockchain. In a funding round led by bitcoin mining hardware company Bitmain Technology, RSK Labs has raised $1 million in a successful initial seeding round to develop […]
The post Rootstock Raises $1M to Develop Smart Contracts to Bitcoin Blockchain appeared first on CCN: Financial Bitcoin & Cryptocurrency News.
In the world of cash-transfers, few other companies come to mind as instantaneously as Western Union. If you’ve walked in a convenience store anywhere between the west and east coast of the United States, you’ve probably seen a banner for Western Union. The remittance provider is currently facing a preliminary antitrust inquiry as the EU […]
The post Western Union Faces Legal Scrutiny In EU Over Business Practices appeared first on CCN: Financial Bitcoin & Cryptocurrency News.
With the recent spike of interest in GPU mining thanks mostly to Ether a lot of people are getting back to building GPU mining rigs using more up-to date hardware much like back in the days of the Litecoin and prior to that of the Bitcoin mining boom. Nowadays it is much easier and you have way more options for different motherboards that have the option to work with 4, 5 or even 6 video cards by utilizing not only full width x16 PCI-E slots, but also the multiple available PCI-Express x1 sots with the help of extenders. We have prepared a list of all possible candidates for use as motherboards for multi-GPU mining rigs 4-6 GPU mining from ASRock, the company that has made its name among miners thanks to their dedicated BTC-branded motherboards made especially for GPU mining rigs. Other motherboard manufacturers such as Asus, Gigabyte, MSI and others also have products that might do for a multi-GPU mining rigs, but these are not dedicated for such use and this may cause some problems.
Nowadays ASRock has a lot of BTC-branded motherboards that are designed for use as multi-GPU mining rigs for different processor platforms from both AMD and Intel. There are also quite a few more non-BTC named motherboards that could do the job perfectly and some that might also work fine, but some of the PCI-E slots might not be available for GPU use under specific conditions, so you need to be careful. What is important for a motherboard that will be used with multiple GPUs for mining is for the motherboard to have enough PCI-E slots, to be affordable in terms of price as you don’t need extras targeted at gamers or enthusiasts and to be able to be used with cheap dual-core CPUs. ASRock’s BTC-branded motherboards do come with some extra features that may help by minimizing possible issues such as the fact that they have been designed to provide extra power to GPUs and have dedicated connectors for additional power from the PSU. They do not share PCI-E lanes with external hardware such as network controllers, audio cards, storage controllers or USB controllers that may cause problems if you want to use all of the available PCI-Express lanes for video cards and so on. These motherboards are offering just basic features, but ensure stable and problem free operation even under not so good conditions that often are available with GPU mining rigs that generate a lot of heat an may not be optimally cooled.
The list below covers all possibly suitable ASRock motherboards for 4-6 GPU mining rigs, you should choose to go for the models that do have the BTC in their model nae as they will most likely be the best choice. The next are Anniversary and Pro series and then the others if you have no other choice, but with such a big list you should have a lot of options. Unfortunately the only 6 GPU capable motherboards are for Intel socket 1155 and 1150 CPUs, still no affordable options for the latest Intel 1151 platforms or AMD FM2 sockets. Sure the company has some high-end enthusiast level products that can do 6 GPUs, but these are pointless for use as multi-GPU mining rigs as they will add to much to the price of the setup and you will be better off spending the extra cash for more video cards or more powerful models. After all you need to find the right balance that includes cheap motherboard, cheap processor and powerful GPUs along with some PCI-E extenders (powered preferably) with PCI Express x1-x16 USB 3.0 Extenders being the best choice if available.
Intel Socket 1151 ASRock Motherboards
5 cards:
– ASRock B150A-X1
– ASRock B150 Pro4D3
– ASRock B150 Pro43.1
– ASRock H170A-X1
– ASRock H170 Pro4
– ASRock H170 Pro4D3
– ASRock H170 Pro4S4 cards:
– ASRock B150 Combo
– ASRock B150M Pro4S
– ASRock B150M Pro4
– ASRock Q170M vPro
– ASRock H170 Combo
– ASRock H170M Pro4S
– ASRock H170M Pro4
Intel Socket 1150 ASRock Motherboards
6 cards:
– ASRock H81 Pro BTC
– ASRock H81 Pro-G
– ASRock B85 Anniversary
– ASRock H97 Anniversary4 cards:
– ASRock H81M BTC
– ASRock H81M-G
– ASRock B85M BTC
– ASRock B85 Pro4
– ASRock H87 Pro4
Intel Socket 1155 ASRock Motherboards
6 cards:
– ASRock H61 Pro BTC
– ASRock H61 Pro
– ASRock H61DEL4 cards:
– ASRock H67DE3
– ASRock P67 Pro
– ASRock P67 Pro3 SE
– ASRock P75 Pro3
AMD FM2/FM2+ ASRock Motherboards
5 cards:
– ASRock FM2A58+ BTC
– ASRock FM2A58 Pro+
– ASRock FM2A78 Pro3+
– ASRock FM2A88X+ BTC
– ASRock FM2A88X Pro+ R2.0
– ASRock FM2A88X Pro+
– ASRock FM2A88X Pro3+4 cards:
– ASRock FM2A58M+ BTC
– ASRock FM2A78 Pro4+
– ASRock FM2A88M+ BTC
Bitcoin Press Releases: In a digital currency world that is built upon the concept of decentralization, the greater Bitcoin community can seem fractured and remote to even seasoned Bitcoin veterans. Bringing together like-minded Bitcoin users from around the world can be a matter of luck instead of by design, typified by the fact that even […]
The post BitConnect.co Creates Innovative Bitcoin Community, E-Commerce and New Bitcoin Lending Platform appeared first on CCN: Financial Bitcoin & Cryptocurrency News.
Bitcoin Press Releases: FortuneJack’s new and improved Bitcoin Casino affiliate program is now operational. The affiliate program includes a straightforward process for rewarding affiliates with a range of custom promotions, and highest in the industry commissions available for their affiliates. FortuneJack Bitcoin Casino now has a powerful system allowing incredible rewards for affiliates and their referrals. […]
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The service E-Coin that is offering users a Bitcoin-powered Debit Card and an online Multi-Sig wallet is apparently going to be rebranding to Wirex. So in the future instead of E-Coin debit cards you will be getting a Wirex Bitcoin-powered debit card, but with the rebranding we are also supposed to get new extras including a dedicated mobile applications for Android and iOS. Meanwhile the old E-Coin website is still fully functional and is still the way to use your Bitcoin online wallet and to control and manage any virtual or physical Bitcoin-powered debit card if you have already have one.
Last year we have reviewed the service and even got our own physical E-Coin Bitcoin debit card issued to try it out, you can find our first impressions using the card here. We should note that we got an unbranded Visa card issued from My Choice Corporate and apparently the new cards should be Master Cards branded as Wirex Card and be issued from by Wave Crest Holdings. We will have to wait a bit and see that when the rebranding is finished and E-Coin fully transforms as Wirex, something that is currently going at the moment.
As we have already mentioned E-Coin is an online multi-sig wallet for securely storing Bitcoins as well as a service that allows you to get a Bitcoin powered debit card. The Bitcoins you have in your balance however are not directly available for use through your Bitcoin debit card, you need to first load your card by essentially exchanging Bitcoins for the fiat currency of the card. It is also possible to to load money directly in the Bitcoin debit card with a bank transfer, but up until recently you had no option to “unload” money from the card back into your Bitcoin wallet from within the service. Now you finally have to option to Buy Bitcoin with the balance in your card, so you can move BTC to fiat and vice versa any moment you like, so you can even profit “trading” when the exchange rate changes. Of course for trading you would prefer to go for an exchange, but it is convenient to be able to get any unspent EUR from your Bitcon debit card back to Bitcoin if you are not going to be needing them for the moment.
– For more information about the virtual and physical E-Coin Bitcoin-powered Debit Cards…
Ethereum Canada and Decentral will present Blockchain World Expo, featuring more than 60 speakers and 50 exhibitors from Europe, Asia, North and South America, in Toronto on Sept. 19 to 21, 2016, according to Marketwired. The show, which bills itself as the largest of its kind in the world, will provide an opportunity for blockchain […]
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Bitcoin trading has been tracing a price path of higher lows and lower highs for the past 4 months. The narrowing price action will eventually approach an apex. This report provides a forward view. This analysis is provided by xbt.social with a 3-hour delay. Read the full analysis here. Not a member? Join now and […]
The post Bitcoin Trading Into A Wedge appeared first on CCN: Financial Bitcoin & Cryptocurrency News.
Stripe, a San Francisco, Calif.-based mobile payments startup that allows merchants to accept bitcoin, has announced that its Stripe Atlas service will be available to businesses in Cuba in conjunction with President Obama’s trip to Havana this week. Stripe users, including Atlas, can accept bitcoin along with credit cards, Android Pay, Alipay and 135 currencies. Stripe […]
The post Bitcoin Friendly Stripe To Allow Cuban Nationals To Incorporate U.S. Businesses & Open U.S. Bank Accounts appeared first on CCN: Financial Bitcoin & Cryptocurrency News.
If you talk to a Bitcoiner – or what’s hipper is a blockchainer – you will undoubtedly hear a highly optimistic opinion of the technology behind Bitcoin. And that’s fair enough, as some of the most influential companies in the world entered into a space that not yet a decade old. There are myriads of […]
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London-based Bitcoin Blockchain surveillance and forensic compliance intelligence startup Elliptic has secured $5 million in a Series A funding round led by Paladin Capital Group. The round also gained support from Santander InnoVentures, KRW Schindler, Digital Currency Group and existing investor, Octopus Ventures. A press release by Elliptic has announced that the firm has raised […]
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The Australian Government Treasury has, in a detailed policy statement pledging support for Fintech to boost the industry, revealed that digital currencies such as Bitcoin will be exempt from double taxation. The policy statement also details how the government plans on regulating companies in the Fintech arena, as well as those in the bitcoin and […]
The post Australian Government “Committed” to Removing Double Taxation of Bitcoin; Backs FinTech Growth appeared first on CCN: Financial Bitcoin & Cryptocurrency News.
Bitcoin price action has been slow during quiet Sunday trade. The bears continue preferring to place orders below price, rather than pro-actively trading the market. Upside is becoming strained but may continue grinding higher until more participation, on Monday, capitulates the bearish chart technicals. This analysis is provided by xbt.social with a 3-hour delay. Read […]
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Some very good news for the very few owners of the first batch of iBeLink DM384M X11 ASIC miners, but also for GPU miners as well – X11 mining profitability on NiceHash has skyrocketed in the last hours and is still keeping high. Selling X11 hashrate on NiceHash has been the most profitable long term choice since the beginning of this month and the preferred choice for the 50 lucky owners of the first batch of iBeLink X11 ASICs. Today however we are seeing the X11 profitability more than doubling compared to what it was just a few days ago.
Now, some people are considering that X11 is already a lost cause for GPU mining, but it is too early for that as there are still very few X11 ASIC miners available and with high profitability increase like the one at the moment you should take advantage even with GPUs, let alone to miss the opportunity if you have an ASIC miner in your hands. The next batch of iBeLink X11 ASICs is expected around mid-May and even then the number of available units will most likely be small as compared to what we have seen with LTC ASIC miners fooling the market when they first appeared. So if you are not mining Ethereum or Decred with your GPUs you might want to check the profitability for X11 for your GPU mining rigs, and even if you are mining ETH or DCR you might still check if this X11 peak will not be more profitable on the short run.
– If you want to check your current X11 GPU/ASIC mining profitability on What to Mine…
The KnCminer Titan Scrypt ASIC is still probably the fastest and most power efficient miner for Scrypt coins out there, but at the same time it is also one of the most problematic one to use and run. There are hardware issues resulting in dying cores and problems with the DCDC power modules, the software is also far from perfect, even though there are modifications over the last official firmware such as GenTarkin’s Custom KNC Titan Scrypt ASIC Firmware, there is still more to be desired. One of the things that is quite annoying is that the Load Balance pool strategy in the official Firmware 2.0 for the Titan is not working, so you are essentially left only with the Failover option.
Even if you run just one Titan cube you are still getting quite significant hashrate and while this is fine if you are mining for high-difficulty coins such as Litecoin for example, it is not for low difficulty coins that may have just a couple of MHS total network hashrate. Throwing your full KnC Titan hashrate at a coin with low difficulty and total network hashrate will simply increase the difficulty in very short period of time (depending on the difficulty adjustment algorithm of the coin) making it pointless to be mined. What you would want to have for low difficulty Scrypt crypto coins is to be able to split your Titan hashrate between multiple cons on a single multipool or between multiple mining pools in order to maximize your mining profit without bumping the difficulty to a level making it unprofitable for a given coin to be mined.
GenTarkin’s custom firmware has implemented support for the alternative Balance strategy in the web interface, though it is essentially something supported by the bfgminer as an alternative to the Load Balance pool strategy. Considering that the Load Balance strategy is not working properly and you cannot dedicate lets say 10% to one coin, 30% for another and the remaining 60% to a third one, you might at least try the equal spreading of hshrate that the Balance strategy should provide. The Balance strategy should split the hashrate in equal parts between the multiple defined pools, so if you have 4 pools the total KnC Titan hashrate should be equally split between them with about 25% for each. The Balance pool strategy works just fine not only on the custom GenTarkin firmware, but also on the stock Titan 2.0 firmware as both rely on the bfgminer 5.1.0 and the miner provides the actual functionality, you just need to configure it.
{
"pools": [
{
"url": "hash-to-coins.com:4444",
"user": "titan.1",
"pass": "d=512"
},
{
"url": "hash-to-coins.com:4444",
"user": "titan.2",
"pass": "d=512"
},
{
"url": "hash-to-coins.com:4444",
"user": "titan.3",
"pass": "d=512"
},
{
"url": "hash-to-coins.com:4444",
"user": "titan.4",
"pass": "d=512"
}
],
"scrypt-n": 10,
"balance": true
}
With the stock firmware you will have to go to the Manual edit mode and edit the pool configuration file by hand, what you need to essentially do is add the option "balance": true at the end of the configuration file to tell bfgminer to use the Balance pool strategy. Above is an example configuration file with four different coins and Balance pool strategy that should equally split the total hashrate to about 25% for each of the coins. GenTakin’s latest custom firmware adds support for the Balance strategy in the Normal edit mode as well, making it a bit easier for users, but the end result is the same. As we have said already, the Balance pool strategy will work just fine with the latest official Titan 2.0 firmware, so you can try it even without a modified firmware. However custom firmwares such as GenTarkin’s add a lot of other and more useful features than just making some of the things that do not work properly in the official firmware more user friendly.
The conflict over how to expand the bitcoin network has reached a critical point with no resolution in sight as the “halving” approaches in June, according to Paul Vigna, The Wall Street Journal’s “Moneybeat” blogger. Bobby Lee, CEO of BTCC, compared the rift to a split between religions. The conflict pits bitcoin miners against bitcoin […]
The post No End In Sight For Block Size Debate As ‘Halving’ Approaches: Will The Bitcoin Network Survive? appeared first on CCN: Financial Bitcoin & Cryptocurrency News.
Bitcoin price has spent the past 24 hours in a corrective price pattern below $410 (Bitstamp). Large buy orders wait passively below $404, but bearish chart bias implies the sellers could simply consume them, as had been the case during the past week. This analysis is provided by xbt.social with a 3-hour delay. Read the […]
The post Bitcoin Price Decline To Continue appeared first on CCN: Financial Bitcoin & Cryptocurrency News.
HOdlcoin (HODL) is a relatively new experimental altcoin that can only be mined with the CPU for the moment using the coin’s wallet and although it is a PoW coin you get interest on your wallet balance and there is an option for deposit with even higher interest rate. The algorithm of the coin is made in a such way that early adopters holding their coins in the wallet get higher interest rates with the idea to attract more users resulting in a wider coin adoption for a shorter period of time. The regular interest rate is 5% APR, but with the extra bonuses and deposits the interest can grow exponentially. The deposits work in a way very similar to PoS, though there are some differences, your coins are locked for a period of your choice and the longer the deposit, the higher interest rate you get. To check the current interest rates and bonuses you can visit the HOdlcoin Interest Rate Calculator.
The coin uses 1GB AES Pattern Search Proof of Work algorithm that involves filling up RAM with pseudo-random data, and then conducting a search for the start location of an AES encrypted data pattern in that data. Pattern Search is an evolution of the ProtoShares Momentum PoW, first used in MemoryCoin and later modified for use in CryptoNight (Monero, Bytecoin), Ethash (Ethereum). For the moment you can only mine HODL coins with your CPU via the wallet, there is no separate miner available yet or a pool where you can mine the coin. This means that you will have to run a separate HOdlcoin wallet on every computer where you want to be able to mine the coin and since it is solo mining luck can also play big role in how much you might be able to mine.
HOdlcoin CPU Mining Performance:
– Intel Celeron G1820 Dual-Core at 2.7 GHz – 13 H/s
– Intel Core i7 58020K Hexa-Core at 3.3 GHz – 202 H/s
HOdlcoin Specifications:
– Ticker: HODL
– Symbol: Ħ
– Block Time: 154 seconds
– Subsidy: 50 HODL subsidy per block
– Halving: Every 4 years
– Mining Supply:Total of 81,962,100 HODL will be mined
– Interest Supply: Between 150,000,000 and 500,000,000 HODL will be paid in interest to HODLers
– Fair launch: No Premine/Instamine/Ninja/100 initial 1 HODL blocks
– Proof of Work: 1GB AES Pattern Search POW
– Port: 1989
– RPC Port: 11989
– Testnet Port: 8989
