Ripple Labs CEO Chris Larsen sent the digital currency community buzzing this week when he tweeted that Ripple Labs is working with Western Union on real-time payment settlements. Many view such a partnership as a sign of Western Union’s willingness to become more active in the digital currency space. The partnership also signifies a growing […]
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Hedgy, Inc., a San Francisco, Calif.-based, Boost VC-accelerated startup, has launched a block chain-enabled, over-the-counter hedging product for commercial bitcoin miners. MegaBigPower, a Wenatchee, Wash.-based bitcoin miner, and Crypto Facilities, a London-based derivatives broker, will offer a smart contract for hedging bitcoin mining proceeds at a fixed price for delivery on a future date. In […]
The post Investors Including Tim Draper Invests $1.2 Million in Hedgy that Provides a Block Chain Hedging Product For Bitcoin Miners appeared first on CryptoCoinsNews.
Bitcoin price is slowly advancing after hitting $235 and 1440 CNY in an xbt.social forecasted breakout. 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: 14h18 UTC Bitfinex […]
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Bruce Fenton, Executive Director of the Bitcoin Foundation, presented to the wider public the slides and information that he was presenting at Inside Bitcoins NYC. The slides provide and reinforce information about what the Bitcoin Foundation is and what control they have over Bitcoin. Bruce Fenton: Inside Bitcoins NYC is going on now and I […]
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Maybe things where you are just aren’t working out. Perhaps your government has gone Jade Helm on you. Maybe taxes are too numerous, the websites you use are under constant Police State surveillance, and even your PayPal account is facing a corporate takeover. Do you dream of greener pastures, and a libertarian hope for freedom […]
The post Liberland to Celebrate its First Annual “Liberty Day” Event appeared first on CryptoCoinsNews.
As an MIT educated computer science and economics entrepreneur, Blake Anderson has managed multiple information technology projects with a focus on infrastructural and math-based security for Fortune 50 corporations. Having completed more than 200 enterprise-scale information projects, his work in security has provided millions of end users with the means to secure the most valuable […]
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It has always been a source of immense pride for me to have been part of the group of conference participants who were there at the initial launch of M-Pesa, back in 2006. Indeed, when I look at what M-Pesa has been able to do in the financial and technological sectors in Kenya, and then […]
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Dutch-based Bitcoin exchange CleverCoin has recently introduced a new feature to its platform, whereby users can now make a 10% down payment when buying Bitcoin. Over the next 48 hours, they have the opportunity to either complete the order or cancel it. Effectively, this could reduce buyer’s remorse in chaotic markets. The feature also works […]
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It seems that things at SFARDS are progressing well as the company has just released some documents including a datasheet for their upcoming SF3301 Bitcoin and Litecoin dual-mining ASIC chips. The documents include a preliminary power usage report on expected power usage in LTC and BTC mining modes that you can see on the image above. The numbers released in the above tables are higher than what we have anticipated based on previously released information about performance and power usage as the power efficiency numbers were apparently for too low operating voltages and frequencies that are going to be producing too low hashrates to be useable. Also it seems that SFARDS already has some sample chips and will announce pricing details on May 4th as was announced on their official Twitter account.
Official specifications of SFARDS SF3301:
– 160 BTC Units
– 31 LTC Units
– BTC mode up to 80 GH/s with 0.31 W/GH
– LTC mode up to 1.89 MH/s with 2.0 W/MH
– Dual-Mining mode: 100 GH/s BTC and 1.75 MH/s LTC
– Highly integrated with PLL and Pre-Calculation Engine of BTC
– 2-wires UART interface
– Support Crystal and Oscillator
– Fully adjustable clock frequency
– Support body-bias adjust
– On-chip thermal sensor
Based on the official specifications of the SF3301 Dual-Miner chip we are now looking at 100 GHS BTC and 1.75 MHS LTC mining performance per chip with expected power usage of just about 35W. And if we want to overclock it to get about 150 GHS with 3 MHS hashrates it would scale up to about 100W of power usage. Do note that these numbers and specifications are preliminary and are on per chip basis. If we make a 10-chip miner it could turn out to offer 1 THS Bitcoin hashrate and 17.5 MHS Litecoin combined hashrate with a power usage of about 350W which sounds like a pretty reasonable number. However overclocking this to get 1.5 THS and 30 MHS would scale the used power about 3 times all the way up to about 1 KW. So in the end it is going to be all about finding the best balance between hashrate provided and power usage with the maximum performance with overclock definitely not going to be the best option here, but then again the price of the hardware is also going to play a very important role here. People are already placing high hopes on the SF3301 ASIC chips to revive the interest in Litecoin and bring the price to a higher levels as mining for LTC resumes with a more up to date mining hardware that has better power efficiency.
– To check out the released technical documents at the official SFARDS GitHub page…
Another new cloudmining service that we’ve just recently discovered, apparently this is a small scale European mining operation that was just started earlier this year, offering Scrypt and SHA-256 cloud mining hashrate. It is keeping more on the anonymous side of things as far as details about the operators of the service as there aren’t much. So far the service has sold 100 THS worth of Bitcoin mining hashrate and 5 GHS worth of Scrypt mining hashrate and is offering their second batch of 50 THS hashrate for mining Bitcoin. From the GHASH2 contracts currently on sale there are 32298 GHS available for sale at the moment and you can purchase 1 GHS at a price of 0.00150000 BTC or $0.35 USD. The cloud mining contracts are with no specific term, so “lifetime” meaning until they are returning profit after you pay a daily fee of $0.00117 USD per GHS you own.
The payment methods supported include payment with Bitcoin, with multiple altcoins that are converted to BTC or with PayPal, so you have multiple options available. The service does seem to work well, comes with nice simple and useful interface with all the required information and features for the user. There is a graphical display with the daily dividends that you are earning from the hashrate you purchase and currently the last dividend amount from yesterday was 465 satoshi per GHS. We’ve purchased 100 GHS hashrate from the GHASH2 contract to try out the service and that should result in about 0.00046500 BTC earned daily with the current market conditions. We’ll keep you updated on how things progress with our tests of the service, but so far things are looking good, but as usual with new services we advice to proceed with caution and not invest much at start just to be on the safe side.
– If you want to check out the new GigaHash Bitcoin Cloud Mining service…
Circle, the Bitcoin wallet and exchange service provider which has taken aim at Coinbase’s market in recent months, has closed a $50 million funding round with investment bank Goldman Sachs in the lead. Goldman Sachs has made statements very positive to Bitcoin in recent months, and so this funding round is no surprise. Last month, […]
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The Bitcoin Embassy and McGill Cryptocurrency Club, the official hub for cryptocurrency at McGill University in Montreal, Quebec, have done a very cool thing, as can be seen in this video: Promoting Bitcoin and educating the public for nearly two years now, The Bitcoin Embassy team has made it their mission to put bitcoins in […]
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NeuCoin, the highly advertised “2nd Generation Peercoin Fork,” has seen a lot of attention lately, particularly from investors. Within the first eight hours of its pre-sale launch, 50 million of the 100 million NeuCoins being offered to the public were sold, raising more than 2,000 BTC. In more interesting news, NeuCoin’s backers decided to reduce […]
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Bitcoin price is maintaining the same level trajectory it held at the time of yesterday’s analysis. The market has entered a consolidative phase, and there are two potential paths for price: one is up, and the other is, well… CoinCompetition invited participants in the upcoming trading competition to test drive the new CoinArch demo platform […]
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Up until November last year we’ve been seeing a more serious growth in the Bitcoin network, much faster faster at the beginning of the year, but since then the increase of the network difficulty has been slower and in the last two months you can say things were pretty stable. There are number of reasons for the steadier pace with the stable and considered a low price of Bitcoin by many lately, but with many other reasons also influencing this outcome. While the network hashrate hasn’t been jumping a lot lately and the price of BTC remaining relatively stable in over $200 and less than $300 USD for quite a while, the number of network transactions has been increasing steadily. But what can you expect to be able to mine in terms of Bitcoins if you are currently mining, this is what we are going to be taking a look at. The calculations below are made using an exchange rate of $227.5 USD per 1 BTC, so the may vary a bit with the change of that rate. Do note that the numbers are representing what you are going to mine with the current BTC network difficulty of 47,610,564,513 if that difficulty remains stable for the mentioned period. To get to know what will be the actual profit you will get you need to also calculate the power costs of your mining hardware (or maintenance fee for cloud mining contracts) and subtract it from the respective expected earnings.
10 GHS SHA-256 Hashrate:
– Daily Earnings: $0.02403 USD (0.00010560 BTC)
– Weekly Earnings: $0.1682 USD (0.00073940 BTC)
– Monthly Earnings: $0.7209 USD (0.00316900 BTC)100 GHS SHA-256 Hashrate:
– Daily Earnings: $0.2403 USD (0.00105600 BTC)
– Weekly Earnings: $1.682 USD (0.00739400 BTC)
– Monthly Earnings: $7.209 USD (0.03169000 BTC)500 GHS SHA-256 Hashrate:
– Daily Earnings: $1.202 USD (0.00528200 BTC)
– Weekly Earnings: $8.411 USD (0.03697000 BTC)
– Monthly Earnings: $36.05 USD (0.15840000 BTC)1000 GHS SHA-256 Hashrate:
– Daily Earnings: $2.403 USD (0.01056000 BTC)
– Weekly Earnings: $16.82 USD (0.07394000 BTC)
– Monthly Earnings: $72.09 USD (0.31690000 BTC)5000 GHS SHA-256 Hashrate:
– Daily Earnings: $12.02 USD (0.05282000 BTC)
– Weekly Earnings: $84.11 USD (0.36970000 BTC)
– Monthly Earnings: $360.5 USD (1.58400000 BTC)10000 GHS SHA-256 Hashrate:
– Daily Earnings: $24.03 USD (0.10560000 BTC)
– Weekly Earnings: $168.2 USD (0.73940000 BTC)
– Monthly Earnings: $720.9 USD (3.16900000 BTC)
Looking at these number of expected mined coins and their value in USD and taking into account that you need to subtract any power costs or maintenance fees from them to see what the final actual profit will be it seems to be pretty unreasonable to actually have less than 500-1000 GHS of hashrate. That is of course unless you just want to get a bit of hashrate to test a cloud mining service or play with a small and cheap Bitcoin ASIC just for fun and not to actually make some profit. Do note that the numbers above represent the current exchange rate of BTC, so they are good for a mine now and sell immediately type of mining. If you mine coins now and keep them to sell in the future hoping for a significant increase in the value of Bitcoin, then you might end up with higher profit, but then the risk is also higher.
After our story about KnCMiner facing class action lawsuits, several readers wrote in to thank us and share their stories as well. We expected to receive some comment back from KnCMiner regarding the claims being made against them by more than two dozen clients representing several dozen thousands of dollars. We never did. However, today […]
The post KnCMiner Launches XBT Provider, Bitcoin Tracker One appeared first on CryptoCoinsNews.
GBTC is the listed stock for the Bitcoin Investment Trust (BIT) that many people in and outside the bitcoin sector have been eagerly waiting for. The other day it was brought to the attention of r/bitcoin that bids for GBTC shares are starting to get a little bit more serious. GBTC shares trade at the […]
The post Buy Orders in the Millions for Bitcoin Investment Trust (GBTC) appeared first on CryptoCoinsNews.
Sexual depictions have existed in the form of rock art since prehistoric times. From the controversial French impressionist painting by Édouard Manet, Olympia, which was a picture of a prostitute, to today’s celebrity leaked porn videos, pornography has long been controversial and in demand. Thanks to Bitcoinpornsites.net, audiences of porn can now watch porn without […]
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Coinbase, a leading Bitcoin payment processor and the first licensed Bitcoin exchange in the US, opened an exchange and online bitcoin wallet service in the UK on Tuesday. Coinbase enters one of the financial capitals of the world in the UK as the San Francisco-based company now allows people to transfer from GBP into bitcoins […]
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Bitcoin Max Profit markets itself as a place where people can get Cloud Mining, whereby users pay funds for ‘hash power’ in a mining pool and earn returns over time. They also claim they use trading bots and provide daily payouts for customers. Their prices range from $400 (Bronze), $4000 (Silver) and $6000 (Gold). There […]
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The small energetic bitcoin price wave that developed in yesterday’s chart was retraced today. As price approaches a long-term trendline from December 2013, xbt.social members discuss how to handle the subsequent trend direction. This analysis is provided by xbt.social with a 3 hour delay. Read the full analysis here. Not a member? Join now and […]
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“The poor and the needy are selfish and greedy.” -The Smiths Oh Cryptsy, you’ve done it again. This time it’s not losing customer deposits for months, robbing them of proper exchange rates, hiding customer deposits without telling them, or locking up large sums of money. No one has (yet) sued you over this one. No, […]
The post Cryptsy Needs to Get Away From Paycoin – Now appeared first on CryptoCoinsNews.
If there is one influential person who has never showed any lack of support for cryptocurrencies and Bitcoin, in particular, it is Sir Richard Branson. He has been backing Bitcoin for years and has even offered people the possibility to go into space with their virtual money. Today, we see him opening up the gates […]
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CoinMate.io has been in beta since December, but has finally gone public. The Britain-based Bitcoin to fiat exchange bills itself as offering numerous security features which it believes the whole industry should adopt. In particular, the exchange plans to use Trezor hardware wallets to secure coins stored with it. CCN spoke with Roman Valihrach, CEO […]
The post Bitcoin Exchange CoinMate.io to Utilize Trezor Wallets to Offer “Banking Grade Security” appeared first on CryptoCoinsNews.
Despite evidence which has surfaced since the first of Ross Ulbricht’s two trials was concluded, a federal judge in New York has denied Ulbricht’s attorneys requests for a retrial. Judge Katherine Forrest felt that Ulbricht’s guilt was overwhelmingly proven by the prosecutors and that a retrial is unnecessary, apparently considering the actions of DEA […]
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CCN received a tip about a gambling site that may be falsely advertising its abilities and wrongfully netting bitcoin in the process. The subject of the complaint was a site called BETwitter, which is unique in its space. The game allows users to bet on the odds of various words appearing in tweets during a […]
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Another small update to our Miner Control tool package for Nvidia GeForce GTX 750 Ti GPUs to reflect some of the recent changes in the pools that the tool uses. This version does include Quark support for NiceHash/WestHash as it seems to be the very profitable algorithm to mine at the moment at the two services according to their statistics. The Qubit and Quark algorithms often seem to be the most profitable ones to be mined on Nvidia GPUs, though there are temporary surges in other algorithms such as X11 or X13 from time to time that make them more profitable for a while with the launches of new altcoins. We have also included the latest version of ccMiner 1.5.47-git Fork by SP for Nvidia Maxwell GPUs such as the GTX 750 Ti, so that you can get optimum performance especially since there were quite a lot of Qubit and Quark optimizations lately.
To be ready to use the GeForce GTX 750 Ti package you just need to update the account settings for each pool to reflect your BTC payment address. Do note that the default configuration that we have set is mining from time to time for the author of the software (Miner Control) as a donation alternative, but you can change that setting should you wish to. The package is ready to be used with GTX 750 Ti card, but you can also us it for other Nvidia GPUs or more cards (the ccMiner fork included is for Computer 5.0 and 5.2 cards only) – what you may need to reflect however in the config file is the total hashrate and power usage.
– To download the Miner Control 1.6.4 Nvidia GeForce GTX 750 Ti ready to use pack for Windows…
A small energetic bitcoin price wave has developed to the upside in today’s chart. It initially appeared to be an upward correction prior to the next wave down, however, its angle of ascent is more characteristic of advance. This analysis is provided by xbt.social with a 3 hour delay. Read the full analysis here. Not […]
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We have made a new Windows binary compiled from the latest source code of ccMiner 1.5.47-git SP-MOD fork of the Nvidia GPU miner optimized for the latest Maxwell-based video cards by SP (source). This new version includes some additional slight performance improvements and fixes published after the official 47 binary release, so you might want to get up to date with it if you haven’t updated your Nvidia Maxwell ccMiner executable for a while (for older Nvidia GPUs check the latest binary from tpruvot). 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 and GTX 980. The Windows binary release we have made available here is compiled with support for Compute 5.0 and Compute 5.2 GPUs or with other words only for Maxwell-based cards with CUDA 6.5 and VS2013.
– To download the latest ccMiner for Maxwell version 1.5.47-git by SP for Windows OS…
HashFlare is a new cloud mining service that we’ve just discovered, apparently a part of the European company HashCoins that manufactures ASIC miners. There is a bit of controversy surrounding the ASIC maker, but it has been available for a while and apparently has shipped some miners already with more available for pre-order. We have not tested any of their hardware miners, but their cloud mining service is something that we are going to be testing. If you are interested in their mining hardware we suggest that you read a bit about the company and their products released so far, as their upcoming products do not seem very attractive price wise at the moment. Their cloud mining prices do seem a bit more interesting though, but don’t expect them to be the best out there.
It is interesting to mention that the cloud mining service does offer Scrypt Cloud Mining at $9.95 per 1 MHS, something that is not worth investing at all at the moment in due to the very high price per megahash and very low ROI you can expect (less than 1 USD a month) due to the daily fee of $0.01 USD per megahash. The Bitcoin cloud mining hashrate prices do seem much better than he Scrypt ones, though we’ve seen better than $4.45 USD per 10 GHS with a daily fee of $0.01 USD per 10 GHS. Interestingly enough the service apparently also plans to offer Scrypt-N cloud mining powered by GPUs, even though that has not been profitable to mine for quite a while now and with the mother company having already announced upcoming Scrypt-N capable ASIC miners. So if you want to check the service out the only thing that is worth to go for is the SHA-256 cloud mining hashrate, and as usual we would not recommend to go with a large investment in a new service that has recently been launched.
We have already purchased 100 GHS worth of Bitcoin cloud mining hashrate as an initial test at the service just to test things and we have even found a promotional code that gave us 15% discount from the regular prices while looking for some user feedback about the service. So if you do want to try HashFlare you might want to use the promo code for 15% discount from the regular prices – HF1504D15AA, the code should be valid for Scrypt hashrate as well, though we only tested for SHA-256. We have paid for the hashrate with Bitcoins and as soon as the first network confirmation was received the hashrate was available in our account, so it started mining for us. There are alternative ways to pay for hashrate such as with wire transfer or a credit card also available aside from the BTC option. You can apparently also purchase additional hashrate with coins you have mined and have available in your balance, so you can easily reinvest some of the miner coins for more hashrate. Another interesting feature is the ability to select up to 3 different pools to spread your hashrate from a list of pools available, you do not need to add workers or to have registration in any of the pools available. Do note that apparently the poos you choose and the percentage of your hashrate available at each pool may apparently affect your mining profitability.
– To check out the HashFlare Bitcoin Cloud Mining Service powered by HashCoins…
Entrepreneur and artist Stephan Vogler wants to change the art world, and he is using Bitcoin to do just that in what’s considered by many to be the epicenter of contemporary art, Berlin, Germany. Vogler’s novel block chain technology inspired license seeks to change how art is purchased and traded. By creating a system of […]
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Haasbot 2.2 introduces a host of new and innovative features to cryptocurrency trading automation, such as candlestick pattern recognition, new insurance types that automatically determine market conditions, adding a deviation offset to all indicators, Master Indicator feature, a completely redesigned marketview page, intregration with OKCoin, BTCChina, Coinbase, 14 new technical analysis indicators, and the introduction […]
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Patrick Murck, until very recently, the Executive Director of the Bitcoin Foundation, where he has served as General Counsel and continues to advise as it undergoes its recent changes. Though we chatted during and after the DevCore event, it was not until the after-party, where I managed to get some quiet time with him for […]
The post Post Bitcoin DevCore: Exclusive Interview With Patrick Murck appeared first on CryptoCoinsNews.
Switzerland – a land of economic freedom. Or so you thought. A Swiss pension fund manager recently found out otherwise. Peter Tenebrarum, an independent analyst and economist/social theorist, recently drew attention on his website, acting-man.com, to a situation in Switzerland that has alarmed people who are concerned about economic freedom and the power of central […]
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Liberland’s President Vít Jedlička is heading out on a diplomatic mission this week to speak with neighboring countries in an effort to increase legitimacy and build rapport. From an official press release released by his office: … April 27th 2015 in 09:00 AM, President of Liberland Vít Jedlička shall visit Croatia Embassy in Prague (V […]
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During weekend trade price returned to the level where this wave originated from at $218 and 1340 CNY. Sunday trade has seen price systematically approach the support floor at $210. 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 […]
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The Free Republic of Liberland, which will be developing its own cryptocurrency and is currently using Bitcoin as its national currency, has put out a call for donations to help fund its operations. Running a country is an expensive endeavor. To Live and Let Live The country whose motto is “to live and let live” […]
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OneBit is an app for smartphones which promises to revolutionize the Bitcoin market in the near future. As previously reported here, the app will allow its users to use their Bitcoin anywhere that Mastercard PayPass is accepted. PayPass is the NFC (near-field communication) version of Mastercard, which doesn’t require the user to swipe the card. […]
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Robocoin, a pioneer in bitcoin ATMs, has announced the rollout of Romit, which it bills as the cheapest and fastest money-transfer service in the world. The new cash remittance application leverages the bitcoin block chain. Any web-enabled kiosk, ATM or cashier can offer Romit KYC (know your customer)-compliant money transfer services. The service can send […]
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Here comes a new Windows binary compiled from the latest source code of ccMiner 1.5.46-git SP-MOD fork of the Nvidia GPU miner optimized for the latest Maxwell-based video cards by SP (source). This new version includes numerous fixes and performance improvements, so you might want to get up to date with it to get the optimum performance with your hardware. 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 and GTX 980. The Windows binary release we have made available here is compiled with support for Compute 5.0 and Compute 5.2 GPUs or with other words only for Maxwell-based cards with CUDA 6.5 and VS2013.
– To download the latest ccMiner for Maxwell version 1.5.46-git by SP for Windows OS…
The Bitcoin price is slumping despite a market desire to advance the price. Certain parties outside the orderbooks have wanted a lower price tag on the crytocurrency for over a year and their collusion is proving ineffectual against fundamental forces. This analysis is provided by xbt.social with a 3 hour delay. Read the full analysis […]
The post Bitcoin Trading Drooping Price Despite Bullish Desires appeared first on CryptoCoinsNews.
PayPal has joined forces with Bitcoin as a sort of keep-your-friends-close-and-your-enemies closer tactic. Bitcoin is designed to overtake and make obsolete services like Paypal and Western Union. It is faster, less expensive, and doesn’t require their third-party services to accomplish the same objectives. It is a better PayPal, and they know it. Now that the […]
The post Bitcoin is the Future: PayPal Changes Terms of Service to Take Your Content appeared first on CryptoCoinsNews.
Western Australia is an under-served area as far as Bitcoin exchanges go. West Australia alone is as large as Western Europe, a region that encompasses nine countries. Despite the Internet’s tendency to shrink the planet, Bitcoin is a store of value, which entails risks all its own, so the creators of Digital World Ventures, the […]
The post First Western Australian Bitcoin Exchange DWVx Partners with Westpac Bank appeared first on CryptoCoinsNews.
Paper currency, or cash, is a fairly recent man-made, really a bank made, concept. As I’ve covered previously, paper money is a convenience of a modern society, but many things have acted as money throughout history. Throughout most of history, outright bartering of goods and services was the way of the world. We’ve used feathers, […]
The post Cash Bans Grow as Central Bankers Plan Centralized Future: Bitcoin to the Rescue? appeared first on CryptoCoinsNews.
Earlier this month the NiceHash/WestHash service had announced their Multi-Algorithm Solo Mining and Blockchain Lottery Functionality features and now they have just introduced a new Blockchain Lottery Ticket Feature. Once you login in your account you can access the new BLockchain Lottery feature and you can purchase tickets (hashrate) that will mine for you for a certain period of time. Each ticket can represent respectively 5, 10, 15, 25, 50, 75, 100, 150, 250, 500, 750 or 1000 THS hashrate for between 4 and 24 hours to solo mine for you with a chance from 0.04% all the way up to 51.29% to hit a Bitcoin block and win a full block reward. If you are feeling lucky you may want to test your chances with this new Bitcoin Blockchain Lottery feature…
Coin Magi (XMG), the altcoin you should be mining if you have some spare CPU power, has launched their 2nd Proof of Mining campaign. An incentive that tries to award with more coins people that do not have too much hashrate, but still want to get more out of their CPU mining power. The idea of this campaign is to encourage people to continue mining even if they have low hashrate or the block reward is not that high by giving them extra bonus coins – the longer you mine the higher the bonus will be. The 2nd PoM campaign will have a duration of about 2 months and you need to register to participate and use a special dedicated pool where you have to mine in order to get the extra reward apart from the mined XMG block rewards. Do note that the total hashrate you can mine with in order to participate int he campaign should not exceed 250 kh/s.
– For additional details and rules about the 2nd Proof of Mining Campaign of Coin Magi…
Bitcoin price is engaged in base-building for the next wave of advance. The marke traded price down to our target at $230 in a corrective ABC wave from Wednesday’s high. The next wave up should see price targeting $250 and higher. This analysis is provided by xbt.social with a 3 hour delay. Read the full […]
The post Bitcoin Price Moving Sideways To Go Up appeared first on CryptoCoinsNews.
NorthPayments, a leading UK-based provider of online solutions, will be the first European Payment Gateway to accept payments via Bitcoins. Bitcoin is a form of digital currency, created and held electronically. Bitcoin uses peer-to-peer technology to operate with no central authority or banks. Bitcoins are, by nature, irreversible, meaning that this new service will provide […]
The post NorthPayments, a leading payment processor in the UK, collaborate with BitcoinPayGate.com to introduce an alternative payment option for customers appeared first on CryptoCoinsNews.
Vit Jedlička, a member of the conservative Party of Free Citizens in the Czech Republic, has declared himself the President of Liberland, a nation upon terra nullius between Serbia and Croatia. Founded upon the principles of freedom, Liberland has received tens of thousands of applications for citizenship in a 3 square mile country where taxes […]
The post Liberland Wants to Create its Own Cryptocurrency & Accepts Bitcoin for State Budget appeared first on CryptoCoinsNews.
CoinHako, which bills itself as “the easiest way to buy and sell Bitcoins in Singapore,” is now also the safest way to store them, as they have contracted with BitGo to secure their wallet. BitGo, as CCN readers may be aware, is the world’s leading secure Bitcoin wallet, insured by XL Group. CoinHako was excited […]
The post CoinHako and BitGo Offering First Insured Asian Bitcoin Exchange appeared first on CryptoCoinsNews.
With all of the hoopla surrounding the Bitcoin ecosystem in the past few years, there are still many “firsts” Bitcoin, or a Bitcoin startup, has yet to achieve. One of those is the establishment of a true Bitcoin bank in the United States. Due to regulations, this is no easy task. To be sure, the […]
The post itBit Applies in New York For Bitcoin’s First Banking License appeared first on CryptoCoinsNews.
How to make mining affordable for ordinary users? This question has risen in HashCoins, the company specializing in the production of cryptoequipment since 2013. It is no secret that the average price of ASICs exceeds $ 400 and not everyone is willing to spend such amount for equipment. Additionally, let’s not forget about the complexity […]
The post Cloud Mining made Available to Everyone appeared first on CryptoCoinsNews.
There are many ways for an establishment in corporate industry to prevent new market competitors. The most common way in current Western culture is through “influencing” local or federal legislators to craft laws that would make creating innovations, new competitors, and small businesses less than feasible. Make the paperwork and regulation so time-consuming and onerous […]
The post When California Attacks: State Builds Anti-Bitcoin Regulations appeared first on CryptoCoinsNews.
Ongoing Bitcoin price correction after an advancing wave from $220 to $240. The 15-minute chart’s 200MA will soon arrive in the area of price action and catalyze the next price wave. 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 […]
The post Bitcoin Price Going Lower To Go Higher appeared first on CryptoCoinsNews.
Gavin Andresen, Wladimir van der Laan, and Cory Fields have taken their development efforts back to school, in a sense. Andresen, who lives about two hours from the Massachusetts Institute of Technology in Amherst, Mass., wrote on his blog yesterday: I’m pleased to announce that I’ve joined the MIT Media Lab’s newly launched Digital Currency […]
The post Bitcoin Getting Serious? MIT Partially Funding Bitcoin Core Development appeared first on CryptoCoinsNews.
Over the last couple of years, there have been many surveys done about what Bitcoin is and what people think of Bitcoin. The Digital Currency Council (DCC) and Coin Report have done surveys to get consumer opinion on its progress. As Bitcoin has grown, so have the corporate players involved, and the number of countries […]
The post World’s Largest Bitcoin Survey: Over 12k People Talk Bitcoin appeared first on CryptoCoinsNews.
Last year, a Swiss art group called !Mediengruppe Bitnik created a robot to shop on Agora, which is currently the largest Darknet market. They gave the bot $100 per week in bitcoins and programmed it to randomly buy items. It bought a wide variety of things, which were delivered to the group’s gallery in Switzerland, […]
The post Bitcoin-Spending Random Darknet Shopper Bot Released from Jail appeared first on CryptoCoinsNews.
It has been more than a year since the collapse of Mt. Gox culminated in February of 2014, and it has had the misfortune of being the defining moment for Bitcoin’s ecosystem to this point. The one-time world’s largest Bitcoin exchange lost a reported 850k BTC in a sea of fraud, theft, negligence, and mismanagement. […]
The post Bitcoin Exchange Kraken Now Honors Mt. Gox Claims up to $1 Million appeared first on CryptoCoinsNews.
It seems the legal troubles for Josh Garza and GAW Miners have only just begun. Last week, CCN reported that Mississippi Power was suing Geniuses at Work for more than $300,000 in unpaid electrical bills. Now, disenfranchised investors and dissatisfied customers have decided to pursue the idea of legal option, with the creation of a […]
The post GAW Miners Facing Lawsuit from Customers & Former Fans appeared first on CryptoCoinsNews.
Bitcoin price has advanced above the Fib line that has served as the pivot for consolidation during the past week. During the Asian session, price tagged the 4-hour 200-period moving average and looks set to continue the journey north after a corrective price wave has completed. This analysis is provided by xbt.social with a 3 […]
The post Bitcoin Price Avoids Drop Zone – Bullish Moves Again appeared first on CryptoCoinsNews.
Benjamin M. Lawsky is a name Bitcoiners know well. He is the architect of New York’s forthcoming BitLicense regulations, which will define how Bitcoin is used and regulated in the Empire State. Given that Wall Street is located in New York City, this regulation will have serious impact on the future of Bitcoin and the […]
The post Lawsky: BitLicense Finalized by End of May appeared first on CryptoCoinsNews.
Can you imagine yourself walking into a store or shop looking for a new pair of shoes. You are browsing the fine selection of leather walking shoes, and find the perfect pair for your next weekend ramble. You pick up the shoes and go to the sales clerk to make payment, however you notice there […]
The post Crypto Currency appeared first on CryptoCoinsNews.
The head of developer advocacy for Paypal and Braintree, Jonathan Leblanc, has an idea that will seem absurd to some, innovative to others and terrifying to still others. The executive of the multi-billion dollar eBay subsidiary suggests in a recent presentation called “Kill All Passwords” that “true integration with the human body” is the way […]
The post Paypal Exec Aims to take Biometrics to a Whole New Level: Goodbye Passwords appeared first on CryptoCoinsNews.
I saw Gavin Andresen throughout the day, mostly while he was giving a presentation. Though I was lucky enough to sit down with Gavin and Mike (Hearn) during lunch. However their ‘tech speak’ went a bit over my head while I quietly observed and ate the delicious dinner that had been prepared by the venue. […]
The post Gavin Andresen: We Have a Bitcoin Soft Fork Going On – ETA of Increased Block Size “6 Months to a Year” appeared first on CryptoCoinsNews.
There are probably not much, if any, people out there mining for crypto coins on the latest and fastest Nvidia Geforce GTX Titan X GPUs, but that does not mean that the video cards based on them are not good for mining. The GTX Titan X does come with 12 GB of video memory, something that is not very useful for crypto mining, but it also comes with 50% more CUDA cores as compared to GTX 980. So you might expect to get up to about 50% performance in crease in terms of hashrate, but that performance increase may come up with twice or even more higher price compared to how much a single GTX 980 costs. So it seems that the GTX Titan X is not very price/performance efficient choice and it might be better to go for two GTX 980s instead not only for mining, but also for gaming as well.
Nevertheless we still ran some benchmarks to see what is the actual hashrate difference between a GTX 980 and a GTX Titan X GPU using the latest ccMiner 1.5.45 SP-MOD. Do note that the Titan X is still a Compute 5.2 GPU, just like the GTX 980, so it does not bring a new evolution in terms of compute capabilities – just more raw power. As you can see from the table with the results we are seeing in between 30% to almost 50% performance increase in the hashrate of the GTX Titan X GPU as compared to what the GTX 980 currently offers. As we have already mentioned the price difference compared to the actual performance you get makes the GTX 980 the better choice for mining, and you can go for two of these instead of a single Titian X.
Since the close of Mt. Gox in February 2014, many exchanges have risen to fill the void and have claimed to learn from the mistakes of the failed exchange. But have they really? Some believe that insuring deposits and returning the funds, as done when Bitstamp was hacked, is enough. Others feel that some form […]
The post The Vaultoro Glass Book Approach To Bitcoin Exchange Transparency appeared first on CryptoCoinsNews.
As announced in November last year, Kraken was selected by the MtGox trustee after extensive and objective review to assist MtGox creditors in investigating missing Bitcoin, filing claims, and distributing remaining assets. Now Kraken is accepting MtGox creditor claims and offering up to $1 million in free trade volume per creditor as a bonus for claiming funds through Kraken. The claim and payout service through Kraken is available in all areas of operation, including all US states.
Creditors claiming funds with Kraken can expect the following benefits:
– 100,000 KFEE credits redeemable for up to $1 million in free trading volume at the lowest fee tier of 0.1%
– Creditor claim and payout support with live chat and email
– Option to receive funds in the form of Bitcoin
– An easier and more convenient process from claim to payout
Note that you are not required to file your claim through Kraken and can instead elect to make your claim through the alternative system provided by the MtGox trustee, but Kraken has already proved to be a trusted and reliable service, so we are filing our MtGox claim through them. If using Kraken, then your Kraken account must be verified to Tier 2 or higher to make a claim, so make sure you have already verified your account up to that level at least. If you have a claim to file, you can get started by logging in to your Kraken account, and following the instructions under the “MtGox Claim” tab. Do note that filing your claim through Kraken does not guarantee that you will be getting back all your funds and Bitcoins that were available in your MtGox account!
Once you initiate the claim procedure you will need to first visit the dedicated MTGOX online bankruptcy claim filing system where you need to provide your username and password for MtGox. You will be getting a temporary authentication code to your MtGox registered email address to verify your identity and set a new password to continue. Then you can switch back to Kraken or continue using the claims system on the MtGox website. When you are back on the Kraken website you will need to fill in some personal details and answer some additional questions before you can complete your claim filing procedure. After that all that is left for you is to wait…
Maybe you haven’t heard of Taringa! but that’s about to change. Think of Taringa! as a combination of Facebook and Reddit for Latin America. Based in Argentina, Taringa! claims a unique user base of 75 million, second only to Facebook itself in the region among social networks. And they have caught the bitcoin bug, with […]
The post Taringa!: 75 Million User Social Network to pay in Bitcoin appeared first on CryptoCoinsNews.
Denarium’s “low-cost” physical bitcoins could revolutionize not only the industry of physical bitcoins, but perhaps even Bitcoin itself. The Finnish Bitcoin startup’s main goal is to promote Bitcoin adoption by offering coins totalling 1/10th and 1/100th of a bitcoin in value. Casascius once dominated this Bitcoin niche, having launched in 2011. However, due to the […]
The post Denarium Promotes Bitcoin With Physical Coins appeared first on CryptoCoinsNews.
We have compiled an up to date Windows binary from the latest ccMiner 1.6.2-git by tpruvot (source). The ccMiner fork from tpruvot is with support for Compute 3.0 or later Nvidia-based video cards all the way up to the latest Compute 5.2 GPUs from Nvidia. The latest version includes some fixes and most notably the addition of Scrypt, Scrypt-N and Scrypt-Jane algorithms that are ported from CudaMiner that has already been outdated and not supported for a while. Not that it is much profitable to mine coins using these algorithms at the moment, especially Scrypt ones on the GPU, but still now you have support for them in ccMiner available. Since our last binary release there was also the addition of Double Skein Algo (Skein 2) that is being used by crypto coins such as Woodcoin. Our windows binary is compiled with VS2013 and supports Compute 3.0, 3.5, 5.0 and 5.2 GPUs, you can download and try it below, there is an example BAT file setup for testing.
– To download the latest ccMiner version 1.6.2-git by tpruvot for Windows OS…
A new Bitcoin price daily candle opened a few pips above an envelope lower boundary. This is an initial bullish sign and may be significant if confirmed by other signs of advance. The chart remains ambiguous. This analysis is provided by xbt.social with a 3 hour delay. Read the full analysis here. Not a member? […]
The post Bitcoin Price Rising To A Drop Zone? appeared first on CryptoCoinsNews.
Last Thursday, veteran hacker Chris Roberts made a huge mistake. He was enjoying the in-flight WiFi on a United Airlines flight from his home base in Denver to Syracuse, New York when he noticed that certain things were visible to him. Here’s the tweet heard ’round the world:
The post Career Hacker Fleeced by the FBI in Syracuse appeared first on CryptoCoinsNews.
The casino’s website, 7BitCasino.com, has emerged as one of the latest provably fair bitcoin and real money online casino destinations that offers users a great interface and more than 500 games to choose from as well as numerous freechips and freespins offers. For sure, players will like instant withdrawals and excellent support. This dedicated online casino […]
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Living Room of Satoshi, the intermediary that enables folks to pay their bills with Bitcoin, has been recognized by the wider business company for its innovation. In some ways to TechCrunch’s Disrupt awards, the event is meant to highlight regional businesses who have pioneered new territory in their space. Living Room of Satoshi was one […]
The post Living Room of Satoshi Wins Best New Startup in Australia appeared first on CryptoCoinsNews.
With all the questions undermining stock and bond yields nowadays, it only makes sense for investors to take a serious look at bitcoin’s earnings potential. Look for the financial community to pay closer attention to bitcoin in the present investment environment. Investors looking to diversify their portfolios should consider bitcoin and digital currency, according to this […]
The post Attention Investors In Search Of Higher Returns: Consider Bitcoin appeared first on CryptoCoinsNews.
Security firm FireEye recently published a blog post detailing the use of two zero-day vulnerabilities against foreign government targets. According to FireEye, the attackers are most likely a state-sponsored group from Russia. The security firm first detected a pattern of attacks on April 13th, 2015, shortly after news broke that Russian hackers had breached White House security. These new […]
The post Russian Hackers Used Flash Vulnerability Against Foreign Governments appeared first on CryptoCoinsNews.
Stanford “Professor” David Mazières believes he has developed a faster, more flexible, and more secure alternative (altcoin) to Bitcoin, and he released the design for his new protocol in a white paper last week. Bitcoin’s distributed network – thousands of computers connected over the Internet – is a key component to that system’s design, but the […]
The post Has a Stanford Professor Developed a Faster, Securer Bitcoin? appeared first on CryptoCoinsNews.
The Blocknet, which touts itself as an advancement in cryptographic technology, has begun offering peer-to-peer (p2p), cross-chain communication, marking the first stage of a new era in p2p protocol between nodes on different blockchains. The Blocknet describes itself as the “internet of blockchains,” enabling open-ended communication and delivery of services between users of different cryptocurrencies, […]
The post Blocknet ‘Internet Of Blockchains’ Launches Think Tank appeared first on CryptoCoinsNews.
FinCCX, a Finland-based cryptocurrency exchange that allows users to exchange regular money for bitcoins, has begun accepting euros. The exchange is no longer accepting U.S. dollars but hopes to resume doing so in the near future. Euro acceptance makes FinCCX one of the few exchanges that allows users to exchange bitcoins for euros, Elena Umanets, […]
The post Finland Bitcoin Exchange FinCCX Now Accepts Euros and Stopped USD appeared first on CryptoCoinsNews.
Bitcoin price action has not made any significant change since the last analysis update. A review of the largest significant timeframe used for analysis reveals that a battle is raging at current levels in the charts. This analysis is provided by xbt.social with a 3 hour delay. Read the full analysis here. Not a member? […]
The post Bitcoin Price: Jonah And The Whale Battle appeared first on CryptoCoinsNews.
This May, the city of Istanbul will play host to the International Money Transfer Conference or IMTC EMEA 2015. The conference will be held at the Conrad Istanbul Bosphorus Hotel on May 25-27th 2015, and will bring together all the players dealing in money transfer globally. In recent years, businesses involved in money transfer have […]
The post Money Transfer Conference in Istanbul invites Bitcoin Remittance Companies appeared first on CryptoCoinsNews.
Allow me to introduce you to someone who has the potential to be very important in the future of Bitcoin. His name is Balaji Srinivasan, and he is the chairman and co-founder of 21 Inc. What is 21 Inc? 21 Inc. is the Bitcoin startup that secured the most venture capital of any Bitcoin company […]
The post Bitcoin is 100 times More Powerful than Google appeared first on CryptoCoinsNews.
Readers may be surprised to read that there are still websites that use the deprecated, insecure HTTP protocol to authenticate user access. As reported here, the dating website Match.com is one of them. But an even bigger userbase than that is Ning, the site that allows anyone to create a social network.
The post Ning Doesn’t Believe in HTTPS: Major Vulnerability for 50 Cent’s Social Network appeared first on CryptoCoinsNews.
The role U.S. government agents played in bitcoin thefts at Mt. Gox in 2013 has generated a lot of media coverage recently. But one security firm investigating the Mt. Gox thefts, Tokyo-based WizSec, believes the agents did not play a significant role in the missing bitcoins. The Mt. Gox exchange collapsed in early 2014 and […]
The post U.S. Agents Didn’t Play Key Role In Mt. Gox Bitcoin Thefts appeared first on CryptoCoinsNews.
Bitcoin price has spent several weeks near a chart support floor without making progress to the downside. Over the weekend, a change in price action has price approaching the 200MA in the 1-hour chart. A bullish sign and potentially a change in direction in the chart. This analysis is provided by xbt.social with a 3 […]
The post Bitcoin Price Making Bullish Moves appeared first on CryptoCoinsNews.
A new Windows binary compiled from the latest source code of ccMiner 1.5.45-git SP-MOD fork of the Nvidia GPU miner optimized for the latest Maxwell-based video cards by SP (source). If you had some issues with the previous 1.5.44 release the new version comes with some fixes that should address these and also some slight performance improvement. 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 and GTX 980. The Windows binary release we have made available here is compiled with support for Compute 5.0 and Compute 5.2 GPUs or with other words only for Maxwell-based cards with CUDA 6.5 and VS2013.
– To download the latest ccMiner for Maxwell version 1.5.45-git by SP for Windows OS…
A little over a month ago Pi Supply, an online store selling Raspberry Pis and accessories for them among some other interesting products, announced that they have started accepting payments with Bitcoin. We have decided to check how will things go, so we made an order and paid with Bitcoins for it with the idea to share our experience with you after that. Well it is time to share that experience and it is not positive at all, about a month layer we still have not received our order paid with Bitcoins. We have not received any email from Pi Supply saying that they are out of stock or there will be a delay with shipping our order or about any kind of a problem. A few days ago we even tried contacting them to see what is going on since it was getting almost a month since we have made an order and paid for it with BTC… still no answer from the store. So in short, we would not recommend to purchase anything at Pi Supply and pay with Bitcoins. Do your payments with PayPal and ask for your money back if you end up in a situation like us when you are not getting what you have ordered a month later. You can also pay with a Credit Card and do a Chargeback if you encounter a problem like this, but unfortunately there is not much you can do if you have paid for an order with Bitcoins like we did and you are not getting your ordered items and not getting a reply with an adequate reason.
The groomed, nurtured and thoroughly manufactured “War on terror” is just about ready to claim another casualty if you live in modern Westernized society. It used to be just a tool of oppression in the U.S., but now statists around the world are using “terrorism” as a catchphrase to rule with an iron hand. Now […]
The post Will Latest Bans on Cash and Capital Controls Grow Bitcoin? appeared first on CryptoCoinsNews.
Founded in April 2014 in Hong Kong with the vision of providing the securest, most innovative and simplest to use cryptocurrency platform, Bitspark (the website is now undergoing maintenance) is a limited private company dedicated to easy-to-use and multi-lingual services aimed at making Bitcoin transfers easier than ever. Last week, Bitspark announced several major developments, […]
The post Bitspark is Making Bitcoin Easier To Use appeared first on CryptoCoinsNews.
In a statement released to CCN and a few other outlets this morning, which is available in full below, Litecoin Association Director Andrew Vegetabile urges the Paycoin community to “put their foot down” in regards to the actions of Homero Josh Garza, the owner of GAW miners. Garza is the CEO of the widely-defamed “Geniuses […]
The post Litecoin Association Director Urges Paycoin Community to “Put Their Foot Down” appeared first on CryptoCoinsNews.
Bitcoin price continued sideways, today, without making a new high or low. If the market can consolidate and generate pressure for a breakout, we could get a position entry long or short, but in its current meandering state it is difficult to take a position in the market. This analysis is provided by xbt.social with […]
The post Bitcoin Price Giving No Clues Prior To Launch Of CoinCompetition appeared first on CryptoCoinsNews.
In a world where we are all going digital more and more every day, for shopping, entertainment, and now finance with Bitcoin, the law is looking to combat new digital criminals every day. Just like with the Internet over twenty years ago, criminals usually get the jump on the law through new, innovative technologies before […]
The post Singapore’s Interpol Creating Digital Currencies to Fight Crime appeared first on CryptoCoinsNews.
Imagine a world where the currency is not made more and more worthless every day by a private company and a government out of control. Imagine a place where private ownership is respected, above all else, by citizens as well as by the government itself. Imagine a land where your digital currency is not regulated […]
The post Welcome to Liberland: Where Bitcoin is the National Currency appeared first on CryptoCoinsNews.
Bitcoincity is like a pub crawl for Bitcoiners to hit up venues in Ghent, Belgium, which accept Bitcoin. Organized by Roeland Creve, Wouter Glorieux, Andreas Wauters, Mike Rosseel, Filip Roose and Robbert Coeckelbergh, all young men who believe in the power of Bitcoin and want to see it more commonly used in their home country, […]
The post Today’s Ghent Bitcoincity Event Aims to Increase Bitcoin Adoption appeared first on CryptoCoinsNews.
Time for another update in the form of a compiled a Windows binary from the latest source code of ccMiner 1.5.44-git SP-MOD fork of the Nvidia GPU miner optimized for the latest Maxwell-based video cards by SP (source). The latest code while still labeled as 1.5.44 comes with some more fixes and performance improvements in the Quark and Qubit algorithms – the two algorithms that are most profitable to mine at the moment with Nvidia GPUs at the moments. 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 and GTX 980. The Windows binary release we have made available here is compiled with support for Compute 5.0 and Compute 5.2 GPUs or with other words only for Maxwell-based cards with CUDA 6.5 and VS2013.
– To download the latest ccMiner for Maxwell version 1.5.44-git by SP for Windows OS…
Bitcoin price is progressively creeping lower into compounding reverse divergence. Market sellers have been attempting to pull price below $221 and 1375 CNY all day without success. 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 […]
The post Bitcoin Price Bears Battling For A New Low appeared first on CryptoCoinsNews.
The definition of hacking in Florida might get a whole lot broader if Domanik Green is found guilty, now that the Pasco County, Florida prosecutors have apparently not yet decided to drop hacking charges against the 8th grader.
The post Florida Bringing Hacking Felony Charges Against 13-Year-Old appeared first on CryptoCoinsNews.
A group of two dozen people (and growing) represented by Advokatfirman Rise & Co AB (Stockholm) is bringing a class action lawsuit against Swedish Bitcoin firm KnCMiner, the one-time premier manufacturer of Bitcoin mining hardware. There are a range of issues for the court to consider, but the one CCN is most intimately familiar with […]
The post Bitcoin Company KnCMiner Facing Three Class-Action Lawsuits appeared first on CryptoCoinsNews.
Now, I am not a techy, but probably can be considered tech savvy. But I attended the DevCore London and took the opportunity to interview Patrick and Gavin in London during DevCore, what some people consider as the capital of global finance. Also read: Bitcoin Foundation to Host Upcoming DevCore London The overall atmosphere was […]
The post DevCore London – What Was it Like? appeared first on CryptoCoinsNews.
It is always interesting to learn about the Bitcoin community with a good ‘ole survey every few months, and this Spring is no different. Bitcoin in Ireland is producing this global survey and intends to get feedback from over one thousand Bitcoin owners over the next couple of months. We have the preliminary results of […]
The post Bitcoin Survey: 1 in 4 Bitcoin Users Defrauded by Exchanges appeared first on CryptoCoinsNews.
The Bitcoin price moved to marginal new high today, as increasing indicator divergence and overhead resistance warn the market may soon turn back down. 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 […]
The post Bitcoin Price Rising From The Floor (Mind The Ceiling) appeared first on CryptoCoinsNews.
Genesis Mining has just announced that they are going to be giving away special discount codes for cloud mining contracts to users at the Inside Bitcoins NYC, State of Digital Money LA, and Inside Bitcoins Hong Kong conferences that they will be attending at. Since not everybody that might be interested will be able to join these events they are offering the same special discounts listed below to the first 100 people that use the following promotional code EasyMine33nfA2:
The following discounts will be valid for purchases made in the next 14 days:
– 7.77% off your first purchase
– 9.99% off your second purchase
– 11.11% off your third purchase
Act fast in order to be able to take the advantage of these special higher discounts using the promo code above, or visit one of the mentioned conferences to get a promo code with the same discounts. You can also take advantage of our special promotional code for purchases at Genesis Mining that is offering 5% discount for every purchase you make – CryptoMiningBlog5. This discount code is not going to expire and can be used for every purchase you make, so make sure you write it down if you are cloud mining at Genesis Mining or plan to do so in the future.
– You can get more information about the cloud mining services offered by Genesis Mining here…
Cryptocurrency enthusiasts have been wary of Max Keiser promoting anything since the MaxCoin bubble popped, but he and actor-turned-activist Russell Brand have recently been pushing Brand’s StartCoin hard lately. “10 Times Quicker Than Bitcoin!” StartCOIN makes bold claims. It appears to have been forked from Litecoin, and its last major commit took place nine months […]
The post Russell Brand Joins the Crypto Revolution appeared first on CryptoCoinsNews.
Great Britain made an epic mistake about 150 years ago. When the United Kingdom, not Germany, not the United States, was the original home of the automobile’s innovation. This is not well-publicized in Western culture because of the epic failure in the story, and how swiftly the U.K. acted in its own demise. Instead of […]
The post London Looks to become Future Global Financial Hub for Bitcoin appeared first on CryptoCoinsNews.
The web services of TV5Monde (TV5World) was attacked on the evening of April 9th in a very thorough way. The attack was claimed by ISIS-linked hacking group CyberCaliphate and affected all arms of the organization – broadcasting, websites, and social media accounts.
The post CyberCaliphate Takes French TV Station Offline and Off-Air appeared first on CryptoCoinsNews.
The first Bitcoin Consumer Fair comes to the Loudermilk Conference Center in Atlanta, Ga. on April 17 and 18. The educational and trade event addresses consumers and merchants who are interested in expanding the use of bitcoin in the Atlanta area, as well as those interested in working on the business and technology side of […]
The post Bitcoin Consumer Fair Debuts In Atlanta April 17 and 18 appeared first on CryptoCoinsNews.
While the sideways consolidation rattles on, the Bitcoin price chart is starting to display the daily pattern of consolidate-then-drop that characterized December / January trade. Negative social mood abounds, and with it, the appetite for selling increases. This analysis is provided by xbt.social with a 3 hour delay. Read the full analysis here. Not a […]
The post Bitcoin Price At The Cliff’s Edge appeared first on CryptoCoinsNews.
ZeusHash hasn’t been doing that well in term of their cloud mining offers on their way moving from a Scrypt ASIC manufacturer to a cloud mining service provider. They stopped offering LTC mining contracts with the downtrend of Litecoin and because of their use of aging and not so efficient in terms of performance and hashrate hardware (especially after cancelling their Volcano project) leaving some unhappy customers that might have invested in LTC cloud mining contracts. The service moved to offering only BTC cloud mining, but there they also had some issues with their initial mining hardware, apparently due to it also not being the most efficient resulting in smaller profits from mining due to high maintenance costs. Then some mining farm facility issues and moving between new “Batches” of mining hashrate with different not so attractive prices and slightly better maintenance fees.
Today ZeusHash has announced that they have partnered with HalleyChina, apparently one of the big players in the industry who owns a TOP 3 mining farm in China (and you probably have not heard about them), and as a result they are offering a new Bitcoin mining contract called Halley GHS. The prices for the new contract seem much more reasonable than their previously available Batch III hashrate priced at $0.889 USD per GHS and the maintenance fee is now further down, making the new Halley GHS finally an interesting offer from ZeusHash. For orders below 1 THS you can purchase at a price of $0.339 USD per GHS (around 0.00155 BTC per GHS with the current exchange rate) and if you purchase 1 THS or more you can get a price of $0.299 USD per GHS or around 0.00135 BTC per GHS or prices that are among the best for cloud mining hashrate at the moment. The maintenance fee is currently set at $0.0016 USD per GHS for the Halley GHS cloud mining contracts. What we hope however is that this partnership will not end up being bad for the users like some other Chinese cloud mining partnerships ended in the last few months.
– For more information about the new Halley GHS Cloud Mining Contracts on ZeusHash….
The American Bar Association, the premier organization to which most American lawyers belong, is offering a one-day event in June teaching about Bitcoin and other digital currencies. The program will analyze the latest events in regulatory compliance and law enforcement efforts directed at digital currency. The panel will explore what regulators and law enforcement officials […]
The post American Bar Association Teaching Bitcoin to Lawyers appeared first on CryptoCoinsNews.
Bitcoin is becoming an actual currency for everyday use among consumers more than a traded commodity, according to recently released BitPay research. The data indicated the total number of bitcoin transactions more than doubled last year. The value of the average bitcoin order fell by almost half, the research found. This finding reflects increasing bitcoin […]
The post Bitcoin Moves From Commodity To Payment Currency appeared first on CryptoCoinsNews.
Since early in 2013, Darkcoin has been a permanent fixture in the daily digital currency news. From Darkcoin’s initial meteoric rise, quickly reaching a USD value of $15, to the level of security and innovation it provides for privacy seekers, to the failures and triumphs of the “Masternode Network”, Darkoin has been almost as interesting […]
The post Evan Duffield of Dash (Darkcoin): Dash will position itself as a direct competitor to Bitcoin appeared first on CryptoCoinsNews.
Major U.S. charities are increasingly allowing donors to contribute in bitcoin. The Wall Street Journal on Monday explored why charities such as the American Red Cross, Greenpeace and Save the Children are accepting bitcoin in an article titled, “Brother Can you Spare A Bitcoin?” The report ran in the newspaper’s “wealth management” section. In late […]
The post Major US Charities Start to Accept Bitcoin Donations appeared first on CryptoCoinsNews.
The Bitcoin Foundation has voted in a new Executive Director. From their blog post yesterday it has been revealed that Bruce Fenton has been chosen. A little background from how this came to happen starts with Olivier Jansenns, one of the recently elected Individual Directors. recently made a public Reddit post disclosing certain information about […]
The post New Executive Director of the Bitcoin Foundation appeared first on CryptoCoinsNews.
SFARDS, the company formed after the merging Gridseed and WiiBox, has just announced that they have completed their new 28nm SF3301 dual-algorithm ASIC chip manufactured using the latest in FD-SOI processing technology and have released specifications about expected power usage and performance. The SF3301 is the claimed to be the world’s first chip to use this manufacturing process and is at the same time the first 28nm dual-algorithm (SHA-256 and Scrypt) chip, capable of mining these two algorithms simultaneously or separately.
According to SFARDS this technology allows for the ASIC chip to operate at lower voltage while maintaining a higher frequency resulting in better balance between power usage and performance. The SF3301 ASIC chip should have a lowest working voltage of only 0.45V with a BTC power efficiency at 0.19 J/GH, and LTC power efficiency at 1.75 J/MH (better than the initially announced numbers). With a reported performance for a single SF3301 chip for BTC with a hashrate of 152 GH/s, and LTC hashrate of 3.17 MH/s things may become interesting again for Scrypt miners, though it also depends on the price per chip. We are talking about a power consumption figures of about 29W per chip (152 GHS) in BTC mode and about 5.5W per chip (3.17 MHS) in LTC mode or supposedly in dual mining mode, for both BTC and LTC, a combined power usage of about 35W per chip. Now scale that to a 10 chip ASIC miner and you should get something like 1.5 THS BTC + 32 MHS LTC mining power with a 350W power usage or a bit more…
SFARDS is apparently planning to release a number of documents for the SF3301 as open-source by the end of this month. The ASIC’s development board design and its software should also be published, and in May the design specifications for their debut Dual Miner solution is expected to be released. SFARDS will be selling ASIC development boards and sample chips, making the SF3301 accessible to developers who wish to customize and build their own hardware in the near future, though no mention of expected time frame is mentioned yet. No word yet on piring per chip or the miner or the number of chips we are going to see in the first upcoming miner.
– For more information about the new SFARDS ASIC mining hardware manufacturer…
Bitcoin price is being traded lower in small price steps as buyers eagerly take advantage of new lows, and profit takers fill in the ending of the current wave of decline. After another correction we could see an additional wave of decline. Will it be foreshortened by buying demand or catastrophic due to mass participation? […]
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The owners of some of the most famous luxury hotels in the world, Dorchester Collection, have announced a new online store which will allow people to buy gifts and gift cards at all ten of its global locations using Bitcoin. Dorchester Collection was created in 1996 and is named after one of the most world-renowned […]
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We want to hear what Bitcoin mean for you. The best story of the month will receive 1 bitcoin as a reward. Follow @CryptoCoinsNews and mention us with your story or like us on Facebook and share your story here. At the end of the month we will pick the best stories and let our […]
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The short answer is, if you use the Ripple protocol for any purpose, not only can Ripple track you, but they see it as a feature, not a bug. In comments made to the California Assembly last month, Karen Gifford and Chris Larson of Ripple Labs, in essence, threw the baby out but attempted to […]
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One would think that the police would understand security. After all, security is what they do. But time after time, hackers have been able to not only invade police networks, but then install Cryptolocker or a similar software, and hold the files hostage until the police pay in bitcoins.
The post Tewksbury, Massachusetts Police Latest to Get Cryptolocked appeared first on CryptoCoinsNews.
An engaged core team comprised of some of the most established investors and strategic partners in the cryptocurrency space believe the world needs NeuCoin. The potential for cryptocurrency to go mainstream and transform the world is clear, but NeuCoin wants to take advantage of some of Bitcoin’s biggest weaknesses; namely, its lack of simplicity on […]
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If you are wondering what to currently mine with your Nvidia-based GPUs such as Nvidia GTX 750 Ti or GTX 980 for example, then you might want to check Quark and Qubit as algorithms they seem to be quite profitable to mine on Nvidia. If you do make sure you have the latest version of ccMiner and we have just compiled a Windows binary from the latest source code of ccMiner 1.5.44-git SP-MOD fork of the Nvidia GPU miner optimized for the latest Maxwell-based video cards by SP (source). The latest version comes with some fixes and performance improvements in the Quark and Qubit algorithms, though the performance increase of Qubit is apparently better than the increase of hashrate in Quark.
The SP-MOD fork is designed for running on Nvidia Maxwell GPUs such as the already available GTX 750, 750 Ti as well as the newer GTX 960, GTX 970 and GTX 980. The windows binary release we have made available here is compiled with support for Compute 5.0 and Compute 5.2 GPUs or with other words only for Maxwell-based cards with CUDA 6.5 and VS2013. We have done some quick tests comparing the latest update with improved Quark and Qubit performance to the previous .43 release on GTX 750 Ti and GTX 980 and below you can see the results to get an idea on what yu can expect in terms of performance increase:
GTX 750 Ti
– Quark .43 – 5395 KHS
– Quark .44 – 5420 KHS
– Qubit .43 – 4319 KHS
– Qubit .44 – 4440 KHSGTX 980
– Quark .43 – 15338 KHS
– Quark .44 – 15558 KHS
– Qubit .43 – 13771 KHS
– Qubit .44 – 14115 KHS
– To download the latest ccMiner for Maxwell version 1.5.44-git by SP for Windows OS…
Full moving average contraction is evident at the 15-minute timeframe. In the 1-hour chart we waited for the moving averages to join the eastward path of price, but Bitcoin price began to curve away from price to the downside. This analysis is provided by xbt.social with a 3 hour delay. Read the full analysis here. […]
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Legitimacy does not flow from the barrel of a gun, from the banking industry, nor from governments, or such is the feeling of the average Bitcoiner. However, it’s nice when the technology behind the world’s first cryptocurrency gets some respect in traditional banking sector. Top Banking Software Vendor Utilizing Block Chain Today it was announced […]
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Opening a Bitcoin business is not an easy endeavor. You have to know how Bitcoin works, have a way of getting paid in bitcoin, and have a way of paying taxes for your bitcoin transactions. You have to find bitcoin consumers of your goods and services, which is not a massive pool to swim in. […]
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Uneventful Bitcoin price action was livened up, today, by a spiking low to just above support. Price quickly returned to the vicinity of its 15-min 200MA and has been zigzagging in a slight upward trajectory ever since. This analysis is provided by xbt.social with a 3 hour delay. Read the full analysis here. Not a […]
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