[…]
The post Bitcoin Exchange Coinbase Stops Services in Hawaii Due to “Untenable” Regulation appeared first on CryptoCoinsNews.
Tuesday, February 28, 2017
Wall Street’s Book-Keeper DTCC Completes ‘Phase One’ of Digital Asset Blockchain PoC Trial
Wall Street's settling house makes progress with its blockchain tests.
The post Wall Street’s Book-Keeper DTCC Completes ‘Phase One’ of Digital Asset Blockchain PoC Trial appeared first on CryptoCoinsNews.
China to Lead the Way for Blockchain Usage
[…]
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Monday, February 27, 2017
Shanghai Targets Fintech Lead in China with Blockchain Regulation
The head of Shanghai's financial regulator talks regulation of the blockchain industry.
The post Shanghai Targets Fintech Lead in China with Blockchain Regulation appeared first on CryptoCoinsNews.
Ethereum Price Rises as Corporations Move In
[…]
The post Ethereum Price Rises as Corporations Move In appeared first on CryptoCoinsNews.
Kingdom of Bahrain Targets “Country Level” Blockchain Adoption
Bahrain is discussing blockchain technology with Singapore's central bank toward nationwide adoption.
The post Kingdom of Bahrain Targets “Country Level” Blockchain Adoption appeared first on CryptoCoinsNews.
Indian City Advances as Fintech Hub as Visa, Reuters Move In
The city of Vizag ropes in big players for big Fintech push.
The post Indian City Advances as Fintech Hub as Visa, Reuters Move In appeared first on CryptoCoinsNews.
Western Australia’s Mining Companies Urged to Adopt Blockchain Technology
WA's massive mining industry is missing a trick by not moving quickly on blockchain technology.
The post Western Australia’s Mining Companies Urged to Adopt Blockchain Technology appeared first on CryptoCoinsNews.
Sunday, February 26, 2017
Bitcoin Wants to Go Higher
[…]
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Financial Markets Expert: Blockchain Will Eliminate Cash
[…]
The post Financial Markets Expert: Blockchain Will Eliminate Cash appeared first on CryptoCoinsNews.
Saturday, February 25, 2017
Purchasing Games from Steam with Bitcoin is Quick and Easy
If you did not know Steam has introduced support for online game purchases with Bitcoin in April last year, allowing users of the crypto currency to quickly and easily spend it for software. The payment processor that Valve is using for accepting Bitcoin payments is BitPay. We have recently tried purchasing some games with Bitcoin from Steam and were pleasantly surprised by the experience we’ve had…
Once you select Bitcoin as the payment method you are presented with a QR code to scan to do a payment with a mobile device or you can just copy and paste the BTC address and the amount of coins you need to send to complete the payment. You have 15 minutes to initiate the transaction and as soon as you send the coins and the transaction gets broadcasted over the network the payment is accepted, no need to wait for a minimum of 6 confirmations or anything like that. Really quick and easy to pay with Bitcoin for games on Steam and then you can just go on playing them, so if you still haven’t tried paying with Bitcoin then you might want to give it a try.
UBS Wealth Chief: ‘We Are Embracing FinTech’
[…]
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Friday, February 24, 2017
Texas Gets Four New Bitcoin ATMs
[…]
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Will Bitcoin Surpass Gold Parity?
[…]
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Indian Bitcoin Startups Join to Launch Self-Regulatory Body
[…]
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Thursday, February 23, 2017
Bitcoin, the People’s Money, Roars to All-Time High
[…]
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Bitcoin is Breaking Price Records
[…]
The post Bitcoin is Breaking Price Records appeared first on CryptoCoinsNews.
Breaking: Bitcoin Is Hitting Beyond Its All-Time High
[…]
The post Breaking: Bitcoin Is Hitting Beyond Its All-Time High appeared first on CryptoCoinsNews.
Paycoin’s Josh Garza Continues to Delay SEC Trial
[…]
The post Paycoin’s Josh Garza Continues to Delay SEC Trial appeared first on CryptoCoinsNews.
Newsflash: Bitcoin Price Tops 3-Year Highs, Breaches $1,150
[…]
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India FinTech Investments Decline in 2016
[…]
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Bitcoin is Challenging the All-Time High
[…]
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Wednesday, February 22, 2017
Trying Crypto Mining with a Dual CPU E5 Second Hand Servers
The enterprise segment is constantly upgrading their hardware and this fuels the second hand market with interesting and very affordable yet pretty powerful hardware that can also be used for crypto mining. The latest wave of hardware getting replaced and available at a really affordable prices are the first generation of Intel 2011 E5 dual CPU Xeon workstations and servers. This means that you are able to easily acquire a very nicely priced second had server system with two 8-core processors such as Intel Xeon E5-2650 v1 getting 16 physical or 32 logical cores with Hyper Threading. The big question here however is if systems like that that may be acquired cheap are really worth using for crypto mining as they only come with a lot of CPU power, but no GPU capable of being used for mining as for server needs not much GPU power is required generally. We have picked up one such cheap systems off eBay with dual Xeon E5-2650 processors and put it through some benchmarks to gent a better idea on what to expect…
Currently it seems that the only worthwhile CPU-based algorithm to check is the CryptoNight and using the what seems to be the fastest CPU software available at the moment – the XMR-Stak CPU Miner for Monero (XMR). Running the XMR-Stak miner on all 32 logical cores has managed to get us an average hashrate of about 523 HS (hashes per second). The result may not seem that bad for CPU mining, considering that it is a bit slower than a single high-end GPU and the power used by the system is about 150 Watts, so again similar to a more recent higher-end GPU.
We need to run the numbers through an XMR mining calculator and doing just that on Cryptocompare shows that we are actually going to be mining with profit, but the profit isn’t going to be that much. With the current rate it would take a couple of years just to earn back what we have paid for the hardware itself. Not very interesting to CPU mine with such a system, but this is just at the moment, with some new and interesting developments for coins that are only CPU mineable appearing things might look very different… especially if you get a couple of these dual CPU systems to have handy. For the moment however you might want to check them out if you have some other computational needs than crypto mining as the price they can be acquired for is really attractive and again they are still pretty powerful as far as CPU performance goes.
Bitcoin’s Transaction Backlog Hits All-Time High
[…]
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Newsflash: Bitcoin Market Cap Hits $18 Billion
[…]
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It’s an Unclear Market for Baton Rouge’s First Bitcoin ATM
[…]
The post It’s an Unclear Market for Baton Rouge’s First Bitcoin ATM appeared first on CryptoCoinsNews.
Swiss Federal State Could See its Own Digital Currency
[…]
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Tuesday, February 21, 2017
Bitcoin Price Moons as ETF Decision Looms
[…]
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Businesses Stockpile Bitcoin to Face Cyber Extortion Threats
[…]
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Bitcoin Price Nears All-Time High in Most Markets at $1,108
[…]
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Provably Fair Bitcoin Casino Review – www.bitcoincasino.us
[…]
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Newsflash: Bitcoin Price Soars Beyond $1,100
[…]
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Dutch Blockchain Hackathon Draws Over 500 Worldwide Participants
The world's largest blockchain hackathon sees a big turnout.
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Monday, February 20, 2017
Bank of Canada: Digital Currencies Need Regulation to Grow
[…]
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Sunday, February 19, 2017
Bahrain to Host Inaugural Middle East & Africa Fintech Forum
[…]
The post Bahrain to Host Inaugural Middle East & Africa Fintech Forum appeared first on CryptoCoinsNews.
GMO Click Might Connect FX with BTCs
[…]
The post GMO Click Might Connect FX with BTCs appeared first on CryptoCoinsNews.
Saturday, February 18, 2017
US Regulatory Environment Hinders FinTech Growth
[…]
The post US Regulatory Environment Hinders FinTech Growth appeared first on CryptoCoinsNews.
Bitcoin Unlimited Surpasses 30% of the Network’s Share
[…]
The post Bitcoin Unlimited Surpasses 30% of the Network’s Share appeared first on CryptoCoinsNews.
Bitcoin Needs to Be Watched Closely Now
[…]
The post Bitcoin Needs to Be Watched Closely Now appeared first on CryptoCoinsNews.
Friday, February 17, 2017
Use the sgminer 5.6.0 Nicehash Fork for X11-Ghost (SIBCoin) Mining
At the moment Nvidia GPU miners have the advantage for mining X11-Ghost with a faster hashrate for the more recent Maxwell and Pascal GPUs than AMD miners. Still AMD miners might be interested in checking out the X11-Ghost algorithm used by SIBCoin (SIB) as it is not that power hungry and with the increased interest with the recent addition of the algorithm on NiceHash as it might offer a nice profitability for users willing to sell their hashrate and get paid in Bitcoins directly.
So if you are using AMD GPU mining rigs you might want to check out X11-Ghost on NiceHash using the latest sgminer 5.6.0 Nicehash Fork (source). We are seeing a hasrate of between 7 MH/s and 8 MH/s on stock Radeon RX 480 and while still slower than about 11 MH/s on a stock Nvidia GTX 1070 the fact that the algorithm is not that power demanding and you can use lower power for the GPUs may make it attractive for some users, so do give it a try. Older generation of AMD GPUs may not be the best choice for this algorithm performance wise and the same pretty much goes for older Nvidia GPUs, but for AMD Polaris and Nvidia Maxwell and Pascal it is.
– To download the latest sgminer 5.6.0 Nicehash Fork for Windows OS (32-bit)…
Bitcoin Price Advances, Tiring Legs Overdue
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Ethereum’s Price Rises by Almost 25%
[…]
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Does Sweden See an Opening with Brexit to Boost FinTech?
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Bitcoin Price Shows Resiliency, Hits $1,050
[…]
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Unclear Regulations Troubles Hong Kong’s FinTech Sector
[…]
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Thursday, February 16, 2017
UK FinTech Funding Bounces Back in Q4 2016
[…]
The post UK FinTech Funding Bounces Back in Q4 2016 appeared first on CryptoCoinsNews.
You Should Use ccMiner Alexis-1.0 for Better X11-Ghost Hashrate
The recent addition of the X11-Ghost algorithm used by SIBCoin (SIB) on NiceHash has increased the user interest in the coin and the algorithm as expected. NiceHash has recommended the use of the latest release of ccMiner by tpruvot for X11-Ghost support on their servers, but it seems that this is not the fastest solution available to Nvidia miners as was pointed out to us. While ccminer v1.8.4 from tpruvot does about 8 MHs on a stock GTX 1070 GPU, but you can get faster speeds on the same hardware by using the latest ccMiner fork from alexis 78 (source). We have compiled a 64-bit Windows binary with Compute 5.x support and CUDA 7.5 for Nvidia Maxwell GPUs from the latest source for mining X11-Ghost (SIBCoin) and with it you can get about 10-11 MHs on a stock GTX 1070 GPU.
Do note that on mining rigs with multiple GPUs you might need to increase the amount of virtual memory (SWAP file) if you have less system memory in order to be able to run the miner with the default high intensity. On a 6x GTX 1070 GPUs mining rig with 8GB RAM we’ve had to increase the virtual memory to 24GB in order to be able to run the miner properly at the default intensity of 22 set for the X11-Ghost algorithm in the miner, otherwise the miner just crashes… 8GB RAM and 20GB SWAP file was not enough apparently.
– To download the latest ccMiner Alexis 1.0 fork by alexis78 for Windows OS (64-bit)…
Chinese Bitcoin Exchange BTCC Stops Withdrawals for a Month
[…]
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FinTech in New Zealand Set to Boost Economic Growth
[…]
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Wednesday, February 15, 2017
Investors Ignore Analysts, Bet on SEC Approving Bitcoin ETF
[…]
The post Investors Ignore Analysts, Bet on SEC Approving Bitcoin ETF appeared first on CryptoCoinsNews.
Bitcoin Industry Colluded, Says Miner
[…]
The post Bitcoin Industry Colluded, Says Miner appeared first on CryptoCoinsNews.
Bitcoin Pushing Through Resistance Again
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The post Bitcoin Pushing Through Resistance Again appeared first on CryptoCoinsNews.
Tuesday, February 14, 2017
Uganda’s Central Bank Issues Onecoin Warning
With OneCoin's shenanigans, bitcoin is caught in the crossfire.
The post Uganda’s Central Bank Issues Onecoin Warning appeared first on CryptoCoinsNews.
Exscudo — the Bridge Between Two Worlds
[…]
The post Exscudo — the Bridge Between Two Worlds appeared first on CryptoCoinsNews.
NiceHash Has Added Support for the X11-Gost Algorithm
You can now start selling your hashrate or alternatively buying such for the X11-Ghost algorithm used by SIBCoin (SIB) on NiceHash. SIBCoin is mostly supported by the Russian community, but in the last couple of months it has been growing steadily and the addition from NiceHash may help in the coin getting more interest from the international crypto community. The coin has a CPU miner, though not much useful nowadays with the availability of GPU miners. You can download the latest release ccMiner by tpruvot for Nvidia CUDA support of SIB and NiceHash or the latest NiceHash sgminer fork for AMD OpenCL GPUs. The latest release of the NiceHash Miner v1.7.5.0 software also comes with built-in support for the new X11-Ghost algorithm used by SIB.
Some Tips for the Latest Claymore’s ZCash AMD GPU Miner v12.0
Claymore has released yet another update for his ZCash AMD GPU Miner that brings some more extra performance boost for mining Cash (ZEC), however the latest v12.0 of the miner does come some new specifics. The latest version v12.0 comes with improved speeds: about 405 H/s on stock 390X, 450 H/s on stock Nano, 290 H/s on stock 280X, 295 H/s on stock RX480. It however has issues working with higher intensity on older GPUs with less VRAM such as 280X where the intensity may need to be lowered. Also on mining rigs with 6x GPUs where you may have just 4GB of system memory you may observe trouble running the miner properly on all 6 cards at maximum performance unless you have set at least 20GB SWAP file. Lowering the intensity manually may help, but it is much eaÑ€ier to just increase the amount of space allocated for the swap file…
Thailand’s Largest Bank to Launch New FinTech Platform
[…]
The post Thailand’s Largest Bank to Launch New FinTech Platform appeared first on CryptoCoinsNews.
Japan’s 3 Megabanks Have All Invested in Japan’s Biggest Bitcoin Exchange
Japan's largest banks Mitsubishi UFJ, Mizuho and SMBC are now investors in bitFlyer, Japan's largest bitcoin exchange.
The post Japan’s 3 Megabanks Have All Invested in Japan’s Biggest Bitcoin Exchange appeared first on CryptoCoinsNews.
Monday, February 13, 2017
Chinese Bitcoin Miner HaoBTC is Shutting its Exchange after PBOC Measures
The PBOC's regulatory requirements has pushed one bitcoin company to shut down its exchange operations.
The post Chinese Bitcoin Miner HaoBTC is Shutting its Exchange after PBOC Measures appeared first on CryptoCoinsNews.
Sunday, February 12, 2017
Bitcoin Correction Was Sharp but (Too?) Short-Lived
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Why High Transaction Fees Aren’t a Big Issue for Bitcoin
[…]
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Saturday, February 11, 2017
Airbnb and Bitcoin: An Obvious Match
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Bitcoin’s Transaction Backlogs Are Now Becoming Common
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World’s First Dedicated Bitcoin Bank Opens In Vienna
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Friday, February 10, 2017
Blockchain.Info Segwit Ready, Will Coinbase Follow Soon?
[…]
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Congressional Blockchain Caucus Launches in Washington
[…]
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Why Bitcoin ATMs are Becoming Increasingly Redundant
[…]
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Brexit Uncertainty Sees UK FinTech Funding Fall by 33%
[…]
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Thursday, February 9, 2017
Anger Grows at PBOC’s Interference with Bitcoin
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FinTech Can Help Banks Tap into $500 Billion Hole
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The post FinTech Can Help Banks Tap into $500 Billion Hole appeared first on CryptoCoinsNews.
Why Bitcoin and Blockchain Are ‘Relatively Safe’
[…]
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Chinese Central Bank Warns Bitcoin Exchanges, Again
China's PBOC warns 9 (additional) bitcoin exchanges, reminding them to adhere to rules.
The post Chinese Central Bank Warns Bitcoin Exchanges, Again appeared first on CryptoCoinsNews.
Dramatic Fall in Bitcoin Price
[…]
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Wednesday, February 8, 2017
Input Output Hong Kong Takes Its Stab At ‘Bitcoin 2.0’
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Survey: Blockchain Is Reaching Beyond Financial Services
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Bitcoin Overcomes Resistance Yet Again
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Chinese Citizens Troll PBOC and Prop Up Bitcoin
[…]
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France’s Central Bank to Launch a Blockchain Innovation Lab
[…]
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Philippines Issues Regulations for Bitcoin Exchanges
Bitcoin exchanges in Philippines will now have to play by the central bank's rules.
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Breaking: Bitcoin Exchanges Held to ‘Closed-Door’ Meeting with China’s Central Bank
The PBOC isn't done with Chinese bitcoin exchanges yet.
The post Breaking: Bitcoin Exchanges Held to ‘Closed-Door’ Meeting with China’s Central Bank appeared first on CryptoCoinsNews.
Indian Bitcoin Companies Unite Under a Blockchain Association
The country's young but growing bitcoin industry comes together.
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Tuesday, February 7, 2017
Too Early for Blockchain Regulation, Says EU Watchdog
[…]
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Will the SEC Approve a Bitcoin ETF?
[…]
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Bitcoin Price Rally Breaches $1,050
[…]
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Fake Extortion Emails Demanding Bitcoin For No Apparent Reason
You probably have heard about crypto viruses that encrypt your files and demand a ransom in Bitcoin to get your data back, though even if paying the demanded BTC you may still not get access back to the data. Well it seems that a new trend is users receiving extortion emails demanding Bitcoin to be paid for no apparent reason, though they do seem to rely on “catching” novice users off guard and scaring them that some of their “dirty secrets” may be leaked to their family, friends or employer. Of course these are emails intended to scare you and are not based on real threats, they are badly written in English and not personalized to the receiver mentioning any real data or anything to sound more convincing. As a result you can pretty much ignore them as nothing more than SPAM, though we are sure that some people may actually fall for the trick and even pay the demanded 1 Bitcoin ransom. Do note however that even if the threat was real by paying what is being demanded it does not mean that the promises would be kept, just as in the case with crypto viruses!
Here is a quoted example of such an email:
i now have your information.i have also used your user profile to find your Facebook page,Using this i can now message all of your friends and family members,
if you would like to prevent me from sharing this dirt info with all of your friends and family members (and perhaps even your employers too?) then you need to send 1 bitcoin to the following BTC address
Give Proofs About i insult Some Persones Suicide Situatio After Leak Details And inform Her GirlFriends/BoyFriends/Colegues/Employ/AndMembersFamaly
NOW YOU MY TARGET
i iNVEST MY RESOURCES BOTNETS OK AND MY TIME AND MY ENERGY ALL WHO AROUND YOU BE VICTM THIS NOiZE i SWEAR!
You Get Very Bad Results And Lost Your Job And Your Reputation
THIS HOW ROULETE NOW YOU STIMUL TO FIGHT I AM DESTROY YOUR LiFE START GIVE YOU CHANCE PAY BUT TIMER START!
“i would lose business, contracts..,i’m not even sure if my contract with my employer has a morality clause,”she told CNNMoney on Friday.”it could be very damaging.”
To Resolve This Situations
You Must
1 BTC Sent!
Bitcoin address: 1timeDCzSQF6gW8bqLG8d4cs2xSman1Zr
i am part impact team and administrator php mysql hosting coding! proof in studio! you get big proublums! bumerang to you owner information about you this why you our target you must pay 1 bitcoin i wait incoming transaction!
You may be wondering why should you and what will prevent other people from doing the same,in short you now know to change your privacy settings in Facebook so no one can view your friends/family list.So go ahead and update that now (i have a copy if you dont pay) to stop any future emails like this,
You can buy bitcoin using online exchanges easily. i am aware that you probably don’t have (bitcoin) BTC at the moment,so ok i giving you this time to get BTC and pay 3 bit coin.
This instruction *if you need help locating a place to purchase (BTC), use the website called localbitcoins, google it, if you dont know about it.This site makes bitcoin very easy and quick to purchase using multiple methods.
To send BTC, you need to use an online exchanger like Localbitcoins. com , Expresscoin. com, bitquick. co, cex. io , Clevercoin . com, Coincorner . com, Coincafe. com, Coinbase. com, Circle. com or a Bitcoin ATM machine Coinatmradar. com and you need to send 1 BTC to Addres System Bitcoin
On localbitcoins sign up and choose to buy the bitcoin (BTC) with western union or money gram wire , find a seller of your choice (localbitcoins is a “ebay” like site with sellers with many sales and a high rating being trustworthy) pay with cash at western union or money gram when you send the wire to the seller as sellers don’t accept payments made by credit card. After you send wire to seller provide the seller with a copy of the receipt and when they verify they with send the bitcoins (have the seller send the bitcoin directly to the bitcoin address we provided you with OR if they send the bitcoins to your localbitcoins wallet on site instead you will have to log into your localbitcoin wallet and send to the bitcoin address we provided you with). It will take less then and hour and a half for us to receive the bitcoins once you wire the money to a seller on localbitcoins, the seller will give you a confirmation of payment through site and we will let you know we received. You wil l get the information nee Current price of 1 BTC is about 916 USD, so we are fairly cheap, at the moment.But if you try ignore us, we will ruin your life i make your Nightmare And Noize Around You Continue or You Can Pay
i am know about your sexual fantasias and i know this you!
if you need to contact Email Give You > 1interest @ sigaint . org
you can feel free contact me My Email> 1btc @ sigaint . org
you only need to pay and we will disappear i swear!
If the bitcoin is not paid within 6 days to you deadline timer of then my system will automatically message all of your friends and family members.The bitcoin address is unique to you!Consider how expensive a divorce lawyer is.if you are no longer in a committed relationship then think about how this will affect your social standing amongst family and friends.What will your friends and family think about you?
Unfortunately it is things like these that do contribute to giving Bitcoin and crypto currencies a bad name, but when a lot of money is involved there are all kinds of “bad” people attracted trying to get them the easy way by cheating and lying normal people that may even never head of Bitcoin. Checking the quoted Bitcoin address for the ransom shows that nobody has yet sent any BTC to it…
Monday, February 6, 2017
Chandler Guo to Open a New Bitcoin Unlimited Pool
[…]
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Dash Releases Software Upgrade in Sweeping Redesign
[…]
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Bitcoin Short-Term Trend Seems to Be Down
[…]
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Sunday, February 5, 2017
Price Shoots Up as Bitcoin Unlimited Surpasses Segwit
[…]
The post Price Shoots Up as Bitcoin Unlimited Surpasses Segwit appeared first on CryptoCoinsNews.
Saturday, February 4, 2017
FinTech Firms: Big Banks Are Lobbying to Block Change
[…]
The post FinTech Firms: Big Banks Are Lobbying to Block Change appeared first on CryptoCoinsNews.
D10e Conference Will Feature Liberland’s Vit Jedlicka
[…]
The post D10e Conference Will Feature Liberland’s Vit Jedlicka appeared first on CryptoCoinsNews.
NiceHash Currently Adding Support for PascalCoin (PASC)
Interesting update coming from NiceHash as they have announced they are currently implementing support for PascalCoin (PASC) on their marketplace for users selling and renting hashrate. There are currently two mining pools available for PASC from Nanopool and from Suprnova and it is being traded on Poloniex with a very serious volume. Recently there was was a more turbulene surrounding the coin thanks to unexpected fork of the blockchain following a wallet update, but it seems that the issue has been resolved for the moment. We’ve had our doubts that PascalCoin may have a short lived pump and dump on Poloniex. It seems that we are past over that phase already with the user interest remaining and the support for PASC increasing, so you might want to keep an eye out for PascalCoin (PASC) if you haven’t been doing it already as of late…
Friday, February 3, 2017
Bitcoin Has Met a Familiar Resistance Again
[…]
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Bitcoin Firms Recognized by Polish Regulator
[…]
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Bitcoin Price Breaches $1000 Again in 2017
[…]
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Fidelity’s Public Charity Arm Reveals $7 Million in Bitcoin Donations in 2016
Donors Embrace Fidelity Charitable’s First Bitcoin Contributions
The post Fidelity’s Public Charity Arm Reveals $7 Million in Bitcoin Donations in 2016 appeared first on CryptoCoinsNews.
Thursday, February 2, 2017
Liverpool Gets Its Own Digital Currency
[…]
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Bitcoiner Pepper-Sprayed at UC Berkeley Protests
[…]
The post Bitcoiner Pepper-Sprayed at UC Berkeley Protests appeared first on CryptoCoinsNews.
Bitcoin Price is Within Touching Distance of $1,000
[…]
The post Bitcoin Price is Within Touching Distance of $1,000 appeared first on CryptoCoinsNews.
F2Pool, Litecoin’s Biggest Pool, Will Upgrade to Segwit
[…]
The post F2Pool, Litecoin’s Biggest Pool, Will Upgrade to Segwit appeared first on CryptoCoinsNews.
Bitcoin Evades Prohibitive Ban by UAE Central Bank
The UAE's Central Bank isn't banning bitcoin.
The post Bitcoin Evades Prohibitive Ban by UAE Central Bank appeared first on CryptoCoinsNews.
Wednesday, February 1, 2017
SibCoin: The Coin That Outsailed Dash and Conquered Siberia
[…]
The post SibCoin: The Coin That Outsailed Dash and Conquered Siberia appeared first on CryptoCoinsNews.
Four Blockchain Use Cases For Banks
[…]
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Minebox – A Personal Cloud Storage and Cryptocurrency “Miner”
The Minebox project has been announced a while ago as an interesting solution that combines a NAS device for storing your own data with a blockchain powered cryptocurrency for storing other user’s data on your free and unused space and earning money for doing that. Minebox relies on affordable Enterprise grade hardware from HP, namely the HP MicroServer that we’ve covered before as an interesting choice in regards to use with SiaCoin and Storj for example. So we were not surprised that this project has decided to go for the particular hardware from HP and extend the base NAS functionality with support for SiaCoin (SC) “mining” by renting your currently unused space. It is definitely an interesting idea, buying hardware that you can use for file storage and at the same time it may even pay for itself thanks to renting the unused resources such as free hard drive space over time.
If Minebox picks up a lot os user interest and we believe that it has the potential to do so, then it might spark the interest in other companies that are specializing already in more feature rich NAS solutions to integrate blockchain-powered services as well as a part of their portfolio. We are talking about companies such as Asustor, Qnap, Synology and others that may decide to add support for their products to rent unused space and allow the owners of the hardware to get paid for that thanks to support for SiaCoin or Storj or maybe something else…
Minebox has announced that it will start a presale of the MineBox NAS hardware starting next week – February 6th, apparently using ShapeShift as a partner for the payment with Bitcoin and other altcoins. Though not much details about the presale or when the actual devices will start to ship is yet available, hopefully it will be soon. It is interesting to see if there will also be a software only solution also available for more advanced users that may be interested in building their own devices or adding it on existing HP Proliant Microservers they may own. So far it is more likely tha Minebox will be sticking to providing users with the complete solution of hardware and software together, though you should still be able to upgrade your initial hardware such as adding more hard drives for example.
Minebox 8TB Specifications:
– HP Model: HP ProLiant MicroServer Gen8 G1610T
– HP Model version: 819185-001
– Processor: Intel Celeron G1610T 2.4GHz
– Processor cores: 2 cores
– Cache Memory: 2MB (1x2MB) L3 cache
– Memory: 4GB (1x4GB) PC3L-128000E DDR3 UDIMM
– Network controller: HPE Ethernet 1Gb 2-port 332i Adapter
– Storage controller: HPE Dynamic Smart Array B129i Controller
– Hard Drive: 8TB (2x4TB) Western Digital Caviar Red
– Internal storage: 4 LFF NHP-SATA HDD CAGE
– PCI-Express slots: 1 standard (1-Low Profile) PCIe 2.0
– Power supply: 150W
– Fans: One (1) Non-redundant system fan ships standard
– Operating System: xOS 1.0
– Form factor: Ultra Micro Tower
– Warranty: 1-year parts
– Size: 23.8 x 45.6 x 47.9 cm
– You can get more details about the Minebox project on its official website here…
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