Imagine life as a the patriarchal head of a fiat currency banking empire. Life is good, with the ability to create fiat currency out of thin air, thanks to fractional reserve banking practices which effectively legalizes counterfeiting money. You compare notes with other billionaires. Your donations and campaign influence have politicians wrapped around your finger […]
The post Banking Billionaire Fears Future of Bitcoin vs. Banks appeared first on CryptoCoinsNews.
Bitcoin price continued heading lower today and declined to an intraday low (at the time of writing) near $230 (Bitfinex) and 1440 CNY (BTC-China). 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 […]
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Peter Todd went on the Let’s Talk Bitcoin show yesterday and said something that hit home: Satoshi was wrong about some things. Now, Satoshi was a technologist, that is, a sort of scientist. He’d love to have been wrong, it would give him an opportunity to find something new. Specifically, they were discussing block size […]
The post Your Ideas Don’t Matter to Bitcoin appeared first on CryptoCoinsNews.
Bitcoin price headed lower today in a $8 sell-off (Bitfinex) catalyzed by the news that Silk Road’s Lars Ulbricht had been sentenced to life imprisonment & OKCoin was dealt another PR blow. This analysis is provided by xbt.social with a 3 hour delay. Read the full analysis here. Not a member? Join now and receive […]
The post Bitcoin Price Drops To $230 appeared first on CryptoCoinsNews.
Changpeng Zhao left OKCoin earlier this year, with the company owing him $10,000 and apparently feeling no obligation to pay him. A company that doesn’t treat its employees well will inevitably have other problems, and so Zhao’s exit could have served as a warning for the rest of the community, including Roger Ver, who says […]
The post Former CTO of Bitcoin Exchange OKCoin Changpeng Zhao Speaks Out about Scams and Trading Bots appeared first on CryptoCoinsNews.
Each transaction that occurs on the block chain takes up a little bit of space, and these transactions all get squished into a virtual box (a block). Bitcoin currently operates with a 1MB limit. What this means is that only so much information it can process in each block, this currently comes to roughly seven […]
The post Bitcoin-Xt Pushing Ahead With Bigger Blocks appeared first on CryptoCoinsNews.
“Deep Web,” the 90-minute EPIX documentary that chronicles the October 2013 arrest of Ross Ulbricht, makes its World Television Premiere on EPIXHD.com, Sunday, May 31, 2015 at 8 p.m. Eastern Time. Ulbricht was convicted in February of 2015 of seven felony charges including drug trafficking, conspiracy to commit money laundering, conspiracy to commit computer hacking […]
The post Ross Ulbricht of Silk Road Sentenced to Life: ‘Deep Web’ Documentary to tell it all on Sunday at 8 P.M. on EPIX appeared first on CryptoCoinsNews.
New update in the form of a Windows binary compiled from the latest source code of ccMiner 1.5.51-git SP-MOD fork of the Nvidia GPU miner optimized for the latest Maxwell-based video cards by SP (source). This version includes numerous fixes and some performance improvements in Groestl and Quark as well as faster AES. 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 1.5.51-git by SP for Windows OS…
Bitmine AG, the Swiss Bitcoin mining hardware producer which CCN recently reported was facing multiple lawsuits in regards to undelivered hardware and broken promises, has declared bankruptcy in the Swiss city of Bellinzona. In a lengthy note posted to their website, Bitmine explained their insolvency, complete with a breakdown of costs versus income. Cold comfort […]
The post Bitcoin Mining Hardware Producer Bitmine Declares Bankruptcy appeared first on CryptoCoinsNews.
BTC-China was leading a decline of today’s price wave to the downside. The decline reversed at $235.02 (Bitfinex) and 1460 CNY (BTC-Cina). Technical analysis looks at the prospects for the coming days, and we examine the lull in Bitcoin price movement during the past few weeks. This analysis is provided by xbt.social with a 3 […]
The post Why Has Bitcoin Price Not Been Moving? appeared first on CryptoCoinsNews.
Bitspark is a bitcoin remittance company operative under the power of block chain technology. Based out of Hong Kong, they are a pioneer in remittance for the crypto age. Operating a cash-in cash-out platform leveraging bitcoin as the means of transmission, they are taking leading steps in developing remittances for the new age. The most […]
The post BREAKING: Bitcoin Company Bitspark Wins Semi-Finals at SWIFT Supported Innotribe Competition appeared first on CryptoCoinsNews.
In this lengthy episode, the Roger Ver and OK Coin scandal rages on, with OK Coin now saying it has proof that it did not forge anything. Are these kinds of scandals good for cryptocurrency? Share your thoughts below. Also, an interview with Jonah Dorman and Allen Shinners, two gentlemen closely acquainted with the disgraced […]
The post Podcast Episode 5: Did Josh Garza of GAW Miners Flee to Dubai? appeared first on CryptoCoinsNews.
Boston-based Bitcoin wallet and provider Circle received an honorable mention at Google I/O. The company’s Android wallet application was, in fact, the only finance app to make the “best in class” showcase, and the first-ever Bitcoin-related application to receive such an accolade. For perspective, Circle’s wallet was listed alongside such visible brands as Evernote, Tumblr, […]
The post Google Acknowledges Circle’s Bitcoin Application at 2015 I/O Awards appeared first on CryptoCoinsNews.
Bitstarz.com takes ground in the European casino market by announcing a partnership with FENgaming: allowing Bitstarz to implement NetEnt games popular with European players. Bitstarz offers over 650 online games including NetEnt and instant Bitcoin pay-outs with no additional fees. Online casino platform Bitstarz.com has entered a long term joint venture with software company and […]
The post Bitcoin Gaming Platform Bitstarz Forges Partnership With iGaming Software Supplier FENgaming appeared first on CryptoCoinsNews.
The developers of the altcoin EmerCoin (EMC) recently released the details of a new block chain technology, EMCSSL. The system provides passwordless logins and identity management via its block chain. The technology has been designed to solve many of the login and authentication issues that plague the Internet. EMCSSL provides a scalable infrastructure for passwordless […]
The post So Long Passwords? Cryptocurrency EmerCoin’s Block Chain Supports Passwordless Authentication appeared first on CryptoCoinsNews.
Whether already underway or still to unfold, a wave “C” to the upside may target 1500 CNY / $242 – the location of the longer-term upside resistance level previously discussed in these articles. We take a close-up look at Bitcoin price action and its interaction with the momentum indicators. This analysis is provided by xbt.social […]
The post Bitcoin Price Hammering Support appeared first on CryptoCoinsNews.
In this episode, your host P. H. Madore talks to John O’Mara, also known as Fabulous Panda, about the long-running MacMiner project and why he’s decided to discontinue its development. Ross Ulbricht has written a letter to Judge Forrest asking for some leniency. Gavin Andresen believes the block size debate is harming Bitcoin, while at […]
The post CCN Podcast Episode 4: John O’Mara aka Fabulous Panda on Shutting Down the MacMiner Project appeared first on CryptoCoinsNews.
In recent weeks, not only has UK Prime Minister David Cameron suggested the banning of encryption use, Australia is on its way to making it a criminal offense to even lecture on the topic. Starting next May, academics could face prison for empowering individuals with the knowledge of cryptography. As Defence Report states, “Without the […]
The post Cryptography Researchers & Users Could Face Jail Time In Australia appeared first on CryptoCoinsNews.
The Coin Congress will return to San Francisco, Calif. with a 2-day event Aug. 13 and 14 at San Francisco’s Hilton Union Square. The event brings together some of the best minds in disruptive ecosystems. They include professionals and entrepreneurs in cryptocurrency, 3D printing, new media, virtual reality, gaming crowdfunding, peer-to-peer marketplaces, space exploration and […]
The post Prepare For Disruption: Coin Congress 2015 Comes To San Francisco Aug. 13 And 14 appeared first on CryptoCoinsNews.
We have compiled a new up to date Windows binary from the latest ccMiner 1.6.4-git by tpruvot (source). The latest version includes implementation to support multiple pools with automatic switching if connection with the pool is interrupted (failover and time rotate). The API has also been updated to allow remote pool switching and pool stats. Do note that this new version drops support for the Whirlpool and Whirpoolx algorithms. Our windows binary is compiled with VS2013 and supports Compute 3.0, 3.5, 5.0 and 5.2 GPUs, but note that not all algorithms may work on older GPUs. You can download and try it below, there is an example BAT file setup for testing the multiple pool support.
– To download the latest ccMiner version 1.6.4 by tpruvot with multi-pools support for Windows OS…
A longer-term view of the Bitcoin price chart shows that the moving averages are more closely compressed – and aligned – than they have been in over a year. Price action has narrowed in range and is tending toward $240 and 1480 CNY. This analysis is provided by xbt.social with a 3 hour delay. Read […]
The post Bitcoin Price Range Decreasing appeared first on CryptoCoinsNews.
A team of Amsterdam, Netherlands-based entrepreneurs has introduced the ChainBot, a stand-alone bitcoin full node that can perform several tasks simultaneously while protecting and supporting the main bitcoin network and technology. Besides being a bitcoin node, the ChainBot is also a P2Pool node, a Namecoin node, an Ethereum-ready device and more. The ChainBot is now […]
The post ChainBot is a Bitcoin Node that allows Multiple Tasks Simultaneously while Protecting the Bitcoin Technology appeared first on CryptoCoinsNews.
This June, the American Bar Association (from now on ABA) will play host to an in-person event entitled, “Bitcoin and other Digital Currencies: Emerging Issues in Regulation and Enforcement.” The event will take place on June 26th, 2015 at the Ritz-Carlton in Washington DC. For this event, the ABA will examine the latest developments in […]
The post American Bar Association to Host an In-Person Event on Digital Currency & Bitcoin in Washington DC appeared first on CryptoCoinsNews.
In 2013, a young couple decided to put Bitcoin (and themselves) to the ultimate test. If Bitcoin is going to change the world, it has to start with regular people using it every day. Can Beccy and Austin live only on Bitcoin for every living expense for the first three months of their married life together? Now, after two years of work they have shared the trailer and our release plans. For the moment the movie is being screened in various cities and you can request a screening in your city on the official website of the movie.
– Visit the official website of the feature film project Life On Bitcoin for more details…
Countries around the world have a wide ranging view of the digital currency bitcoin or a “virtual currency.” Western superpowers like the United States and United Kingdom have shown a positive attitude towards the new technology. Some countries like Canada and Australia are still deliberating on what to do about Bitcoin, legally. And the many […]
The post Top 10 Countries in Which Bitcoin is Banned appeared first on CryptoCoinsNews.
Building The Next Generation Of Internet Applications Whitepaper Excerpts https://corona.info Author: Daniel Greene, Founder team@corona.info Dapps With the recent advancements in decentralization and smart contract technologies, a technological revolution as profound as the internet has arrived. Corona is a highly collaborative development network promoting and funding the building of decentralized applications and services. The Corona […]
The post Corona Decentralized Application Development Network appeared first on CryptoCoinsNews.
Bitcoin price bounced from chart support near $235 / 1470 CNY. The 200-period moving average is a standard chart tool of most analysts, and the Bitcoin price often reacts to this indicator level – as it did today. This analysis is provided by xbt.social with a 3 hour delay. Read the full analysis here. Not […]
The post Bitcoin Price Bounces From Support appeared first on CryptoCoinsNews.
It has been a while since Genesis Mining has lowered their Bitcoin cloud mining hashrate prices, the last time was early this year when they also lowered the maintenance fees . This time they have lowered the prices slightly without apparently announcing the fact like they usually do and we have just discovered that, though we are not sure when this has actually happened. The new prices are as follows: 50 GHS are available for $22.49 USD ($0.45 per GH/s), 1000 GHS for $419 USD ($0.42 per GH/s) and 15000 GHS for $5850 USD ($0.39 per GH/s) which is roughly between about 8% and 13% down from the previous prices with the maintenance fee remaining at $0.0015 USD per GHS per day. While these prices might not be the lowest out there in the cloud mining industry at least you will be investing in a reliable company that has been out there for quite a while already, so your long term investment should be much safer than if investing in a risky new business that turns out to be a scam. You can also use our special promo code – CryptoMiningBlog5 that will give you an extra 5% discount on the regular prices for every purchase at Genesis Mining, so you can get even better prices.
– You can get more information about the cloud mining services offered by Genesis Mining here…
Xapo, the bitcoin wallet, has formed an advisory board that includes three-well known financial visionaries: Dee Hock, the founder of Visa; Lawrence Summers, former U.S. Secretary of the Treasury, and John Reed, former chairman and CEO of Citibank. The three will enhance Xapo’s status as a progressive bitcoin wallet. All three individuals see bitcoin as […]
The post Visa’s Hock, Citibank’s Reed And Former Treasury Secretary Summers Join Xapo’s Advisory Board appeared first on CryptoCoinsNews.
For many, faucets are their very first interaction with Bitcoin. Lead developer Gavin Andresen was the originator of the idea, and until late 2012 his site was giving away whole bitcoins in some cases. Look at this transaction, for example. In today’s value, 18 BTC is worth over $4,000. Not too shabby. If you’re interested, […]
The post Earn Bitcoin Reading Classic Books appeared first on CryptoCoinsNews.
Ross Ulbricht asked last week U.S. District Judge Katherine Forrest to spare him life in prison, admitting the Silk Road website was a “naive and costly idea” that destroyed his future. The 31-year-old Ulbricht expressed his regrets in a letter to Forrest, who is scheduled to sentence him May 29. Ulbricht faces a mandatory minimum 20 […]
The post Getting to know the Silk Road Judge who will decide the fate of Ross Ulbricht appeared first on CryptoCoinsNews.
They say women like ambitious men. But men, be advised. Bitcoin is still seen as nerdy more than a sign of ambition. Take it from an expert on relationships who also loves bitcoin. Dr. Jochen Konrad, a dating and relationship specialist well known in Germany, advises men to avoid mentioning bitcoin on a first date. […]
The post Expert Advice For Men: Don’t Mention Bitcoin On The First Date appeared first on CryptoCoinsNews.
We have updated our complete packages based on the Miner Control tool for Nvidia GeForce GT 750 Ti and AMD Radon R9 280x GPUs with the latest changes taking place lately. The latest versions you can download from the links below include the updated stratum servers of NiceHash and WestHash that are already in operation, and while the old ones still work they will stop resolving next month. We have also removed the YAAMP pool support as it has apparently been taken down permanently this time after a recent hack, if it becomes available back online at a later time we may add back the support. The latest updates also include the most recent versions of SP-MOD’s ccMiner for Nvidia Maxwell as well as the new sgminer fork with increased performance for Quark and Qubit with pre-compiled Binary Kernels for 280X. WhirlpoolX support has been removed as currently there are no altcoins utilizing this algorithm available for mining, if we get some new coins that are profitable to mine we are going to bring it back again.
To be ready to use the packages 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 packages are ready to be used with either AMD Radeon R9 280X or Nvidia Geforce GTX 750 Ti cards, but you can also us the Nvidia package for other GPUs or more cards – what you may need to reflect however in the config file is the total hashrate and power usage. Since the AMD packages contains not only specific settings for AMD Radeon R9 280X, but also pre-compiled binary kernels specifically for that particular card if using it with other GPUs you will actually be getting lower hashrate, though n problem to use it with multiple 280X cards.
– To download the Miner Control 1.6.4 AMD Radeon R9 280x ready to use pack for Windows…
– To download the Miner Control 1.6.4 Nvidia GeForce GTX 750 Ti ready to use pack for Windows…
What follows is what you might call educated speculation. What we do know is that there are a lot of people, especially in the mining business, who’d have an interest in seeing the premiere Bitcoin forum, Bitcointalk, bite the dust. Bitcointalk is a haven for free speech regarding Bitcoin and issues surrounding it. Support for […]
The post Is Bitcoin Mining Figure Joshua Zipkin Responsible for the Bitcointalk Hack? appeared first on CryptoCoinsNews.
The GigaHash Bitcoin cloud mining service that we have started testing about a month ago has recently sold out their GHASH2 batch of 50 THS hashrate bringing the total Bitcoin cloud mining hashrate sold to customers to 150 THS. Since they are waiting for another 60 THS worth of mining hardware to expand the mining farm to 210 THS they have just added a pre-order option for the new hardware consisting of 52 units of Bitmain AntMiner S5 devices that are expected to be available and running before June 9th. The pre-order price is currently set at 0.00152500 BTC or about $0.36 USD per GHS for the upcoming hashrate (maintenance fee is $0.00117 USD per GHS) and you can already order. Do note that the GHASH2 batch 2 Bitcoin cloud mining hashrate will not start mining for you immediately, it should when the hardware arrives in about two weeks from now! So far we are quite happy with the performance, reliability and profitability of the service, so we do plan to invest some more into hashrate with the upcoming new mining hardware.
– To check out the more details abotu the GigaHash Bitcoin Cloud Mining service…
Bitcoin Press Release: DNotes is pleased to announce the launch of the world’s first Digital Currency Employee Incentive Benefits Plan – the latest in a family of unprecedented digital currency financial instruments from the DNotes team. Chicago, Illinois. [May 25, 2015] – DNotes announces the release of their Employee Incentive Benefits Plan, the latest addition […]
The post Bitcoin Alternative DNotes Launches World’s First Digital Currency Employee Incentive Benefits Plan appeared first on CryptoCoinsNews.
One of the largest online communities regarding crypto currencies, namely the BitcoinTalk forum has seen extended downtime for a few days due to an attack and this is certainly not the first time there have been trouble for the forum. The forum operators have reported on twitter and it looks like attackers have compromised the password hashes and email addresses of the registered users. Thus a recommendation was posted that everyone changes their password on BitcoinTalk when it is back online and also change the password in other websites where the user is using the same password (never a wise idea to use the same email and password for multiple websites). There was an attempt to bring back the website today, but it has been taken down again and it will most likely take another day for the forum to be back online, so hopefully tomorrow things should be back online again.
Yesterday’s Bitcoin price move exceeded expectations of how far it would push north in the chart. It was anticipated only to be a corrective move, but there were moments when it looked to be building up to a surge. In the end, it was corrective across exchange charts, and was followed today by a sell-off. […]
The post Bitcoin Price Dips Lower in Trading Range appeared first on CryptoCoinsNews.
SatoshiPoint is a company operating Bitcoin ATMs in multiple locations across the UK. Powered by General Bytes software in secure fixed-kiosk locations, SatoshiPoint Bitcoin ATMs offer the very best user experience to allow individuals to buy and sell Bitcoin with zero or low processing costs with each transaction. SatoshiPoint has recently re-launched under the solo […]
The post Bitcoin ATM Company SatoshiPoint Gains Angel Investors and Plans for Expansion appeared first on CryptoCoinsNews.
John Forbes Nash Jr., the Princeton University mathematician who inspired the film “A Beautiful Mind,” and his wife died in a New Jersey car crash Saturday. Nash, 86, and his wife Alicia Nash, 82, were passengers in a taxi near Monroe Township when the incident took place. The car crashed into a guard rail, and […]
The post “Beautiful Mind” John Nash, Famed Mathematician, Dead At 86 appeared first on CryptoCoinsNews.
It’s one of those things you think about, but never consider a reality. It’s one of those things people laugh at you for talking about in mixed company. It’s one of those things that shouldn’t be real in a free country, but is, and happens to the tune of millions of dollars per year in […]
The post The Government Could Struggle to Seize Your Bitcoin appeared first on CryptoCoinsNews.
In the ongoing correction below significant chart resistance near $243 (Bitfinex) and 1507 CNY (BTC-China), the Bitcoin price chart is unfolding a complex corrective price pattern. Today’s summary article outlines the market condition, with more extensive analysis to follow on Monday. This analysis is provided by xbt.social with a 3 hour delay. Read the full […]
The post Bitcoin Price Drifting Sideways appeared first on CryptoCoinsNews.
Abigail Scarlett is a professional photographer who lives in London and recently started her plan to live for six months via only bitcoin. She has some excellent work, and I do recommend visiting her site to take a look for yourself at abbybitcoin.com. Having been introduced to bitcoin in early 2014 by an housemate of […]
The post Photographer Abigail Scarlett to Live Six Months on Bitcoin appeared first on CryptoCoinsNews.
The mobile payment revolution is changing the way individuals and organizations conduct business. Given bitcoin’s ability to facilitate mobile transactions, it makes sense for the two movements – bitcoin and mobile payments – to work in tandem. Hence, bitcoin and digital payments will take center stage at the ATM & Mobile Innovation Summit, Sept. 9 […]
The post Bitcoin Takes Center Stage AT ATM & Mobile Innovation Summit, Sept. 9 To 11 In Washington, D.C. appeared first on CryptoCoinsNews.
An “angel investor” is someone who individually bankrolls an investment for a new company or business venture. They usually invest on a smaller scale than a “venture capitalist”, but aren’t looking to take a start-up public to reap huge rewards. An “angel” may invest more in the idea or the person leading the new venture […]
The post Bitcoin Super-Investor Roger Ver: Bitcoin Exchange OKCoin May Be Insolvent appeared first on CryptoCoinsNews.
Bitcoin price has advanced in the familiar base-surge pattern to the descending trendline that has capped the past few months’ downtrend. During the early hours of Saturday, Roger Ver accused OKCoin of dishonesty. We take a look at how the market may negotiate the challenge. This analysis is provided by xbt.social with a 3 hour […]
The post Bitcoin Price Attempting To Push Higher appeared first on CryptoCoinsNews.
The Bitcoin community has been known for its fair share of drama, and perhaps this is to be expected of such a dynamic new technological space. The most recent public event shaking the Bitcoin world centers on OKCoin, a Chinese Bitcoin exchange many suspect of being fraudulent and possibly insolvent, and the beloved Bitcoin Jesus, […]
The post Roger Ver & OKCoin In Dramatic & Public Contract Dispute appeared first on CryptoCoinsNews.
Benjamin M. Lawsky, soon to be departing as top regulator at the New York Department of Financial Services (NYDFS) to start a consulting business, defended his bitcoin licensing rules that have drawn criticism from bitcoin advocates, according to a report in Wall Street Journal. Lawsky said his goal for the controversial BitLicense is to establish […]
The post Lawsky Defends New York BitLicense, Supports Both Consumer Protection and Bitcoin Innovation appeared first on CryptoCoinsNews.
Silk Road webmaster Ross Ulbricht has written a three-page letter of contrition to U.S. District Judge Katherine Forrest, looking for leniency, as he awaits sentencing for his crimes. Ulbricht was convicted of seven counts against him, including but not limited to narcotics trafficking conspiracy, continuing a criminal enterprise, computer hacking conspiracy and money laundering conspiracy. […]
The post Silk Road’s Ross Ulbricht Makes Final Plea for Leniency appeared first on CryptoCoinsNews.
Bitcoin price has been advancing all day, and it looks like the real thing but is it? As we know, the possibility of advance is restricted by a trendline near $245. If price can advance above this level, then several alerts will ring. This analysis is provided by xbt.social with a 3 hour delay. Read […]
The post Bitcoin Analysis: Outlook Glum appeared first on CryptoCoinsNews.
Back in 2010 when Bitcoin was still very new and easy to be mined a guy called Laszlo Hanyecz, a programmer from USA and an early Bitcoin adopter, spent 10000 BTC for two pizzas and this is believed to be the first real-world transaction using Bitcons for payment. Laszlo posted his request on the BitcoinTalk forum on May 18th, 2010 and on May 22nd he reported that he has successfully spent 10000 BTC for pizza provided by a user called jercos. So five years ago 10000 BTC could get you two pizzas and now you can get the same with just a small fraction of 1 Bitcoin and 10000 BTC at the moment equal about 2,380,000 USD. This is the actual origin of the Bitcoin Pizza Day, so happy celebrations today exactly 5 years layer…
The longest episode of the CCN podcast to date includes two interviews plus the news in review. CCN spoke to Nathaniel Popper in preparation for an article about his new book, Digital Gold, and we also interviewed a developer of Burst, the proof-of-capacity algorithm coin. The recent announcement of Ben Lawsky is discussed as well […]
The post CCN Podcast Episode 3: Interview with Nathaniel Popper and More appeared first on CryptoCoinsNews.
BitFinex has just been hacked. They lost their hot wallet to a malicious actor. However, due to security practices only a relatively minimal amount has been lost. BitFinex keeps over 99.5% of its customers deposits in secure multisig wallets, so only 0.5% at most was lost. BitFinex is a digital currency trading platform and states […]
The post BREAKING: Bitcoin Exchange BitFinex’ Hot Wallet Hacked appeared first on CryptoCoinsNews.
New York Times writer Nathaniel Popper is a business correspondent by trade, having previously written for the LA Times in New York before moving onto to the New York Times. “[Discovering Bitcoin] was totally as part of my job,” he says. “I found when researching Bitcoin, it was which wave did you get in on. […]
The post An Interview with the Bitcoin Book “Digital Gold” Author Nathaniel Popper appeared first on CryptoCoinsNews.
For a long time, folks have thought that centralized exchanges were the essential problem in cryptocurrency. When someone wants to convert one cryptocurrency to another, or to fiat, they have to trust that the exchange they’re going to use isn’t going to, in one way or another, rip them off. Now, two altcoins have begun […]
The post Qora and Burst Now Able to Make Cross-Chain Transactions appeared first on CryptoCoinsNews.
Many nations have made news with how they are choosing to accept, or not accept, bitcoin into their national economies. Some have chosen to ban outright the currency while others see it as an opportunity for domestic economic growth & as a tax revenue stream for the nation-state. Sweden has recently instituted new regulations that […]
The post Sweden Outlines New Bitcoin Tax Regulations and Bitcoin Ban appeared first on CryptoCoinsNews.
Today’s move up appears to have reacted to compound divergence caused during the last few waves of decline. Bitcoin price is currently advancing above both the 20MA and 200MA in the 4-hour chart and this is a bullish sign, but it seems to have a ceiling below $250. This analysis is provided by xbt.social with […]
The post Bitcoin Price Slowdown Decelerates To The Upside appeared first on CryptoCoinsNews.
New York’s top financial regulator, Benjamin Lawsky, has made a career out of garnering unprecedented fines from the global financial elite. He is known for holding their license to do business in New York over their heads and securing fines several times those of federal authorities on more than one occasion. However, one of the […]
The post Good for Bitcoin? Lawsky Steps Down End of June appeared first on CryptoCoinsNews.
Finviz plainly states its mission on their website: “to provide leading financial research, analysis and visualization.” In the case of Bitcoin, Finviz is hardly a leading website, as many other market chart websites added Bitcoin before Finviz. Nevertheless, Finviz makes a useful tool even more useful for individuals interested in following Bitcoin by adding the […]
The post Large Financial Research Website Finviz Adds Bitcoin To Forex Charts appeared first on CryptoCoinsNews.
BitPay wants ChainDB to secure data using the block chain, and the payments processor needs the Bitcoin community’s help with the project. In an effort that is more like Factom than storj, BitPay outlines in a recent paper a mechanism for creating counterfeit resistant databases using the Bitcoin mining network. A so-dubbed ChainDB (chain database) would benefit […]
The post ChainDB: A Peer-to-Peer Database System from BitPay appeared first on CryptoCoinsNews.
PayPal has been fined $10 million for engaging in deceptive practices. The crux of their deception was enrolling customers into a credit program without their consent, creating a situation where people were on the hook for credit they’d never asked for. As you know, any credit program can have an effect on your credit score. […]
The post Bitcoin 1, PayPal 0: PayPal Fined $10 Million for Deceptive Practices appeared first on CryptoCoinsNews.
Spondoolies-Tech, the Israeli company that is merging with Bitcoin Shop to consolidate their enterprises and resources, announced today that last year it had brought in about twenty-eight million dollars. By comparison, many other companies in the Bitcoin world are still in the venture capital funding phases of their progression. Spondoolies’ integration with Bitcoin Shop will […]
The post Bitcoin Company Spondoolies-Tech Made $28 Million Last Year appeared first on CryptoCoinsNews.
Quark and Qubit algorithms continue to be quite profitable, but until recently these algorithms were mostly in the Nvidia domain as the ccMiner for Nvidia GPUs was faster than the available performance on AMD hardware. There is however a new sgminer fork with compiled Quark and Qubit kernels that was sent to us that brings up the hashrate significantly on Pitcairn and Thaiti AMD GPUs. We have tested this particular sgminer on a Radeon R9 280X and we are getting about 11.22 MHS on Quark with a non overclocked GPU and about 12.3 MHS on Qubit and you can get higher with OC and increase in the Intensity. Quark is apparently quite profitable at the moment on NiceHash and WestHash due to the interest in SharkCoin or so it seems, so if you have some idle AMD GPUs that you are wondering where to point them there. Do note that the sgminer is not compiled by us and it comes with the standard OpenCL kernel files, so you need to use the binaries for the higher performance. Since we have not compiled this sgminer from source and it was sent to us already compiled we would recommend to be cautions and not run it on systems with wallets installed, just in case!
– To download and try the sgminer 5.1.1 with optimized Quark and Qubit kernels for Windows OS…
Bitcoin price is making small moves in a narrow space as traders lose track of direction and wave counts. It may be a countdown to a price surge or a build-up to a let-down. This analysis is provided by xbt.social with a 3 hour delay. Read the full analysis here. Not a member? Join now […]
The post Bitcoin Price Caught In A Trap appeared first on CryptoCoinsNews.
Coinapult, the service that allows users to lock in the value of their Bitcoin by storing them with it, announced today that it is going to be coming back to the US market. Coinapult will no longer be handling the fiat side of its business, instead handing over this side of its operation to Crypto […]
The post Coinapult Coming Back to America appeared first on CryptoCoinsNews.
The cloud mining company Genesis Mining is going to be adding a new alternative crypto coin to the list of coins you can mine with the cloud hashrate you can purchase from them. After a survey among the company’s customers to see what are the most wanted coins to be added, the list was shortened to just 4 crypto coins – Ziftrcoin (ZRC), Peercoin (PPC), Primecoin (XPM) and Zetacoin (ZET). Out of these four two are using SHA-256 – Zetacoin and Peercoin, so you should be able to mine them directly and the two others – Ziftrcoin and Primecoin are using different algorithms, so you will be able to get paid in them if any of them gets chosen as the new addition.
So we come to the point where you can vote in a poll to choose the coin you want from the four top choices and get the chance to win some cloud mining hashrate. Three people from all who vote will be getting 500 GHS lifetime cloud mining hashrate each at the service (the winner will be picked randomly). All you have to do is cast your vote in the special poll at the official Facebook page of Genesis Mining and you have until Friday May 22, 2015 at 11 pm CET to do so.
– To visit the Genesis Mining Coin Poll on Facebook and cast your vote for the new coin to be added…
In this episode, CCN talks to Chris Wagner of Spendabit.co, the Bitcoin shopping search engine. We also talk about our recent stories: 99% of all bitcoins are owned by 1% of Bitcoiners & Spoondoolies-Tech has announced a merger with Bitcoin Shop, Inc. Also, the host has a question for our listeners, near the end of […]
The post CCN Podcast Episode 2: Interview with Chris Wagner of Spendabit appeared first on CryptoCoinsNews.
May 22 marks the annual “Bitcoin Pizza Day,” an anniversary of the day in which one of the most expensive pizzas in the history of the world was purchased. The Story Laszlo Hanyecz purchased the so-called Bitcoin Pizza on 22 May 2010. The programmer paid a Bitcoin Talk forum user 10,000 BTC for two Papa […]
The post Bitcoin Pizza Day On May 22 An Opportunity To Help Children With Illness appeared first on CryptoCoinsNews.
Cyber criminals attacking businesses for bitcoin has spread from the West to the Far East, as new attacks are being reported by some of the world’s top Asian banks. The Bank of China and the Bank of East Asia have been attacked in recent days by hackers looking for Bitcoin ransom, according to Hong Kong’s The […]
The post Cyber Criminals Attack Bank of China for Bitcoin Ransom appeared first on CryptoCoinsNews.
Bitcoin price dropped once during the morning and by afternoon it did it again. Not a record but an unexpected show of resolve from a market that couldn’t find direction for four days prior. This analysis is provided by xbt.social with a 3 hour delay. Read the full analysis here. Not a member? Join now […]
The post Bitcoin Price Drops Twice appeared first on CryptoCoinsNews.
An interesting announcement coming straight from the New York Stock Exchange (NYSE) about the lauch of the first exchange-calculated and disseminated bitcoin index – NYSE Bitcoin Index (NYXBT). The new NYXBT Index will represent the U.S. dollar value of one bitcoin unit based upon actual transactions occurring on select bitcoin exchanges which have been evaluated and meet NYSE’s quality standards. The NYSE Bitcoin Index will initially feature data from transactions from the Coinbase Exchange, an exchange that NYSE made a minority investment in earlier this year.
“Bitcoin values are quickly becoming a data point that our customers want to follow as they consider transacting, trading or investing with this emerging asset class,” said NYSE Group President Thomas Farley. “As a global index leader and administrator of ICE LIBOR, ICE Futures U.S. Dollar Index and many other notable benchmarks, we are pleased to bring transparency to this market. By combining our technology infrastructure with our expertise in index calculation and data management, we will continue to launch complementary products based on our rigorous standards and proprietary index methodology.”
NYXBT utilizes a unique methodology that relies on rules-based logic to analyze a dataset of matched transactions and verify the integrity of the data to ultimately produce an objective and fair daily value for one bitcoin in U.S. Dollars as of 16:00 London time. The index will be published within a short period of that time via the widely-distributed NYSE Global Index Feed (GIF) as well as made publicly available for an initial period on the NYSE index page.
– To read more details about the NYSE Bitcoin Index (NYXBT) methodology (PDF)…
For all the naysayers, all the critics, all the people who pronounced bitcoin dead based on nebulous metrics like its value against a U.S. Dollar, bitcoin is winning the war. Bitcoin continues to grow, evolve, and gain acceptance with industry leader after industry leader, much to the mainstream’s chagrin. If you are a part of […]
The post New York Stock Exchange Changing for Bitcoin appeared first on CryptoCoinsNews.
Mexico has seen modest Bitcoin market penetration so far but has also avoided any condemnation or over-regulation by government. Bitcoin is seen as a digital asset and is not illegal to use in Mexico. 7-Eleven stores have taken Bitcoin under agreement and merchants are starting to hear about Bitcoin and accept it in larger metropolitan […]
The post Volabit Brings Bitcoin Mobile App and Bill Pay to Mexico appeared first on CryptoCoinsNews.
Julia Tourianski, who grew up on a small farm in a family of small business owners in Russia, has become an internet sensation through Brave The World thanks to her intriguing, educational and entertaining catalogue of videos. Her sense of humor and intrepid journalism have made her a favorite in multiple thought circles. Her interview […]
The post Anti-State Propagandist Julia Tourianski: “How to be a Bitcoin Hater” appeared first on CryptoCoinsNews.
DeMorgan Ltd., a Sydney, Australia-based company focused on alternative currency and next generation banking, will offer a free, five-week webinar course on Australian supercomputers beginning June 17. The course will be offered in conjunction with IT Masters and Charles Sturt University in Australia. DeMorgan Ltd. has completed several bitcoin-based research projects. The course has been […]
The post Australian Alternative Currency/Banking Firm DeMorgan Ltd. To Offer Free Webinar On Supercomputers Beginning June 17 appeared first on CryptoCoinsNews.
2015 might be the year of the Bitcoin start-up 21 Inc. The record-holder for the most well-financed Bitcoin company in history, 21 Inc.’s $116 million venture capital treasure chest is now starting to bear fruit. Today, 21 Inc. has released plans for their new and revolutionary Bitcoin mining chip called the 21 BitShare, according to […]
The post Breaking: 21 Inc Releases New Bitcoin Mining Chip for Smartphones appeared first on CryptoCoinsNews.
Apparent price breakouts are occurring with greater frequency as the Bitcoin price chart is shunted this way and that by concentrated forces inside a narrow consolidation channel. The bears are convinced price is about to drop to the floor. The bulls are stacking orders for a spectacular rally. Best to buy one ticket for each […]
The post Bitcoin Price Contracts To a Fizzle appeared first on CryptoCoinsNews.
Cryptosteel is an interesting project for an almost indestructible stainless steel offline wallet to store your private keys and passwords offline. Cryptosteel comes with 3 stainless steel sheets full of engraved letters – all caps and digits, so that you can design your cold wallet storage of up to 64 characters in minutes without the need of special tools. You create the secret content yourself, so you can use it not only as an offline crypto currency wallet, but for storing other important passwords or data as well.
How does Cryptosteel work?
– Simply punch out desired numbers and letters from sheets provided
– Slide them into the stainless steel container
– Secure snap on the side and slide wallet close
– No electricity or tools required
– No sharing of confidential info with 3rd parties
The cryptosteel is not yet available, but the people behind the project are almost ready to launch a crowdfunding campaign to get it in the hands of the most eager users who want to get it first. The Cryptosteel Cold Wallet crowdfunding campaign will start on Indiegogo on 20th of May, so in just a few days you will be able to reserve your spot to be among the first to get the device.
– For more information about the upcoming Cryptosteel cold wallet…
Bitcoin Shop Inc. has invested $1.5 million in Spondoolies-Tech Ltd., an Israel-based bitcoin mining company. The investment follows the announcement that BTCS and Spondoolies plan to merge. The investment marks the first step of the merger. The two companies will create the first publicly-traded company to produce bitcoin transaction verification equipment. It will also deploy […]
The post Bitcoin Shop Inc. Invests $1.5 M In Bitcoin Mining Company Spondoolies-Tech appeared first on CryptoCoinsNews.
Monday morning was another watershed moment in Bitcoin history as the digital currency broke new ground in Sweden. Finansinspektionen, Sweden’s controlling authority for finance, gave permissions for Stockholm’s own Bitcoin-based tracker XBT Provider to be released in a public launch last month on the Nasdaq Stockholm exchange. Trading on the exchange began this morning. World’s […]
The post World’s First Bitcoin Security Launched on Regulated Exchange appeared first on CryptoCoinsNews.
DigitalBTC, an Australia-based digital payments company, has agreed to form a joint venture company (JVC) to distribute and market a remittance product, AirPocket. The beta launch will begin in the second quarter of this year. DigitalBTC, which is trading on the Australian Securities Exchange as Digital DC Limited, described AirPocket as a disruptive new technology […]
The post Australia’s DigitalBTC To Launch Disruptive Technology For U.S.-To-Latin America Remittance Market appeared first on CryptoCoinsNews.
Recently, I ran across this very interesting distribution table on Quora that made me reminisce about the old days of Occupy Wall Street. We are the 99%, right? Maybe in more ways than one, as the table would go on to show. It makes it all seem very clear to me that the more things […]
The post 1% of the Bitcoin Community Controls 99% of Bitcoin Wealth appeared first on CryptoCoinsNews.
Bitcoin price has been maintaining a narrow trading zone during the past four days. This condition usually heralds a strong move initiated by a surge. Which way will the surge break? Today’s brief analysis update shows there is no agreement among traders. This analysis is provided by xbt.social with a 3 hour delay. Read the […]
The post Bitcoin Price Approaching a Watershed appeared first on CryptoCoinsNews.
Germany might be the next country to take definitive steps towards the removal of hard currency. The economist Peter Bofinger has been campaigning for the abolition of cash in Germany. His primary merits for the removal of hard currency apparently targets the markets for undeclared work, those earning a little cash in hand and wanting […]
The post Germany to Ban Paper Money and Dry out the Drugs Market appeared first on CryptoCoinsNews.
Online gaming/gambling is a multi-billion dollar industry, with many people looking for a way toescape from their everyday grind with a little fun diversion. Digital currency users are just beginning to get a taste of new businesses and programs catering to their gaming needs. If you are looking for a fun way to spend, or […]
The post Cryptogames Brings Fair and Fun Gambling to Digital Currency appeared first on CryptoCoinsNews.
A recent series of busts has shaken the world of dark net weapons commerce. A six-month joint investigation between law enforcement in Australia and the United States, which involved law enforcement going undercover as weapons dealers, has resulted in 17 arrests internationally. In September 2014, the US Homeland Security Investigations (HSI) identified a 33-year-old US-based […]
The post Dark Net Weapons Bust Leads To 17 Arrests and a $80,000 Bitcoin Seizure appeared first on CryptoCoinsNews.
Wechat Secretary, a virtual concierge and purchasing agent, now accepts Bitcoin for its concierge services. The service allows expats in China to make purchases from Taobao, the biggest e-commerce store in the world, Alibaba and cTrip. The company even accepts bitcoins to create and fund an Alipay account for customers who wish to purchase items in China […]
The post Wechat Secretary Wants To Make Your Life Easier In China appeared first on CryptoCoinsNews.
Bitcoin price has been a source of frustration lately. Sometimes traders might get the impression that the market is toying with them: self-evident wave patterns refuse to unfold as they usually do, and each price turn more bizarre than the one before. Some say this is the nature of markets – and of the Bitcoin […]
The post Bitcoin Price Won’t Budge appeared first on CryptoCoinsNews.
Over the past decade, numerous of technological developments have been introduced to the world. We’ve evolved to using smartphones with apps that allow us to be connected to the entire world at any given time. Cars are driving themselves; robots are getting close to being ‘real’ humans. A lot of the key aspects in our […]
The post Futurists’ Views On the Next Decade, Bitcoin Could Play a Major Role appeared first on CryptoCoinsNews.
Raspnode is an interesting crowdfunding project on Kickstarter that wants to help people that would like to support the Bitcoin network by running a full node, but don’t want to burden their home computer and deal with the power costs and noise. The raspnode is a plug-n-play bitcoin full node the size of a mouse that runs without any noise and only costs a penny or two a day for power. The raspnode allows anyone to run a bitcoin full node 24/7. The raspnode can be used as a Bitcoin wallet, a developer node for either mainnet or testnet, or simply to support the network. The raspnode project has a $3000 USD goal and backers can just support the idea, or also get a USB flashd rive with the blockchain and/or an SD flash card to use along a RPi they already own. You can even get the whole package ready to be plugged in used for a $120 USD as an early bird or $135 USD as a regular backed when the limited early bird units are over. The official website has a DIY guide for everyone that wants to setup a full Bitcoin node with his own RPi hardware if you already have everything available.
– For more details about the Raspnode crowdfunding project on Kickstarter….
Could cryptocurrency bring a basic income to the people of the world, relieving them of their day-to-day quest for survival, and leaving them to ponder more philosophical questions about their existence and reaching new heights of productivity? Some in the cryptocurrency space believe so. The idea for a universal basic income is not new, as […]
The post Could Cryptocurrencies Bring The World a Universal Basic Income? appeared first on CryptoCoinsNews.
One problem that has plagued governments for centuries is the rightful ownership of property. Revolution or displacement by war have been one cause of this problem, while bold-faced theft by government officials or gangsters has been another. One day you owned it, the next day you didn’t. Honduras has faced this problem, especially with the […]
The post Big News: Honduras Creating Land Title Block Chain via Bitcoin appeared first on CryptoCoinsNews.
Russia has been in the news for many reasons over the last year, from the military conflict in the Ukraine to the Russian Ruble falling in value by over 50% in 2014. Russia has also developed issues with the digital currency Bitcoin, as far as the government and their aims to ban it. Their views […]
The post Russia’s Bitcoin Website Ban Overturned in Russian Court appeared first on CryptoCoinsNews.
Recent market action has been unpredictable, and it is becoming increasingly volatile. More frequent periods of apparent calm, horizontal price action culminate in short sharp price spikes. The condition reminds of the quote by George Soros: “Volatility is greatest at turning points, diminishing as a new trend becomes established.” This analysis is provided by xbt.social […]
The post Bitcoin Price More Volatile, Changeable appeared first on CryptoCoinsNews.
Businesses are always looking for ways to add new revenue streams, stay on the cutting-edge of the latest technologies, and reduce operating expenses. As companies like PayPal, Microsoft, and Dell Computers have already discovered, Bitcoin accomplishes all three, and would be an asset to any modern business model. What if you aren’t a Fortune 500 […]
The post 7 New Ways to Easily Integrate Bitcoin Into Your Business appeared first on CryptoCoinsNews.
Being a child of the early 80’s, I was there for the advent of the video game arcade era. Long before there was Metal Gear Solid and Halo, there was Pacman, Dig Dug and Donkey Kong. That was how a multi-billion dollar international business began. Think of the current console-based/online/mobile games as Video Gaming 2.0. […]
The post Digital Currency Arcades are Hot New Trend for California appeared first on CryptoCoinsNews.
In December 2013, Snoop Dogg tweeted that his next album would be available for bitcoins. Now, one-year-and-a-half later, Snoop doesn’t have to team up with Coinbase or BitPay to make his album available for bitcoins. Instead, he’s just gotta do what he does best: make dope rhymes. The Bitcoin Community has got him covered. Now […]
The post Here’s How To Buy Snoop Dogg’s New Album – With Bitcoins appeared first on CryptoCoinsNews.
Mining Sweden is a relatively new Bitcoin cloud mining company that has apparently been started earlier this year and as the name implies it is based in Sweden, a still smaller mining operation that wants to expand further. The approach that the service has is a bit different as compared to most other cloud mining operations by offering shares and they want to be transparent and open to users regarding their mining operations. The company has published numerous photos and some videos of their mining operation as well as other proofs of the mining hardware they rely on which is supplied from Bitmain and Spondoolies Tech apparently. They have started with a smaller mining farm with the idea to increase the size also looking for help from users and offering to share their profits with people that decide to believe in them and invest. So far the service does look interesting and quite promising based on our first impressions and we have decided to give it a try…
As a customer, instead of buying hashrate directly, you are buying it the form of shares and you have two different options available. One is mining shares where 1 Mining Share is equal to 1 GH SHA-256 hashrate for a price of $0.69 USD and the price includes all fees for 12 months. The second option is in the form of VIP shares that are limited in number (100,000 Shares total) available at a price of $8.79 USD and for that price you get 5 GHS per share and a share of the company’s profits. The idea of the VIP shares that are a bit more expensive than mining only shares is that you actually become a kind of investor in the company – you help them increase the mining power and you get extra profit in return. So miners interested in faster ROI can get Mining Shares and more serious investors interested in longer term investment can go for the VIP Shares.
As usual we are starting with a smaller investment as with other cloud mining companies that we are testing, so we have decided to purchase 100 GHS worth of shares in hashrate and go for the VIP shares, though we will most likely also invest in some Mining Shares only at a later time if things are looking good. Mining Sweden supports payments with PayPal and Bitcoin, Litecoin, Paycoin, Dogecoin, Darkcoin, Feathercoin or Vertcoin in the form of crypto currencies. We have even found a working discount code for the service that will provide you with an extra 10% discount from the regular prices – just enter ms10 during checkout, so you can take advantage from it as long as it lasts. The usual word of warning for cloud mining services also goes here – do not start big and don’t invest more than you can afford to loose.
– For more information about the service and to start cloud mining Bitcoins with Mining Sweden…
The Bitcoin charts have price above a monthly pivot near $237 and 1460 CNY. Trade maintained a sideways price path since a late session drop of $10, yesterday, but as today’s session progressed traders are trying an advance. This analysis is provided by xbt.social with a 3 hour delay. Read the full analysis here. Not […]
The post Bitcoin Price Dives Lower appeared first on CryptoCoinsNews.
The chief economist at HSBC, Stephen King, told clients that the global economy “is like an ocean liner without lifeboats.” He fears that another recession might be incredibly difficult, if not impossible, to recover from. He cited factors that many don’t consider when assessing whether a recession is likely, such as a collapse of the […]
The post Traditional Economists Fearing the Worst, Buy Bitcoin Now appeared first on CryptoCoinsNews.
Utilizing the public API, ChangeTip has integrated its platform with SoundCloud, the popular music and podcasting platform which recently surpassed 10 million users after roughly seven years in business. SoundCloud is the go-to place for up-and-coming artists and podcasters. CCN’s podcast, hosted by this journalist, utilizes the platform, which easily enables content creators to get […]
The post ChangeTip Now Enabled on SoundCloud appeared first on CryptoCoinsNews.
Polychemy wants to change the face of jewelry, and it is doing just that. Polychemy, with the company’s focus on personalized products, puts the individual first, as “every product meticulously designed for each individual,” according to their website. “The Jewelry industry has always focused their efforts on brick & mortar stores,” Polychemy founder Aaron Issac […]
The post Polychemy Changing The Face of Jewelry With 3D Printing and Bitcoin Wallet Integration appeared first on CryptoCoinsNews.
The Republic of Estonia has officially introduced e-Residency, a government-issued digital identity card that provides a way to operate a location-independent business online. Estonia announced the e-Residency program today at Nordic Digital Day, an e-government conference at the Swissotel Tallinn, Estonia. The e-Residency program enables secure and convenient digital services that facilitate credibility and trust […]
The post Estonia Offers E-Residency: Operate A Location-Independent Online Business appeared first on CryptoCoinsNews.
Bitcoin price has been bubbling under a strong resistance layer and with an apparent five wave impulse visible in the chart, the market is stumbling over itself trying to position for the Big One. Technical analysis reveals there is tough resistance overhead. This analysis is provided by xbt.social with a 3 hour delay. Read the […]
The post Bitcoin Price Crunch Time appeared first on CryptoCoinsNews.
SWEDEN, Stockholm – May 7, 2015 – After record breaking growth in April, YrGrid, a virtual world driven by its Bitcoin economy, reports that more than 2,000 users across 67 different countries have joined their service since it opened in January. YrGrid fashions itself as a platform for both entertainment and business with an emphasis […]
The post YrGrid Membership Exceeds 2,000-User Mark appeared first on CryptoCoinsNews.
Ethereum has released the ninth and final phase in the Ethereum Proof-of-Concept series, and the project has asked the Bitcoin community to take part in the “ongoing” Proof-of-Concept IX testnet in their most recent release, Olympic, which is now available here. As Vitalik Buterin details on the Ethereum blog: The purpose of Olympic is to […]
The post Ethereum Enters Last Phase of Development Process appeared first on CryptoCoinsNews.
Steve Albini, American singer-songwriter, record producer and audio engineer, perhaps best known for his work on Nirvana’s In Utero and in his band Shellac, has destroyed the concept of “smart contracts,” a potential application of the Bitcoin block chain much championed by the Bitcoin community. While Bitcoiners regularly celebrate Bitcoin’s creation of an alternative to […]
The post Nirvana Producer Steve Albini Destroys The Notion Of Smart Contracts, Appreciates Bitcoin As Technological Innovation appeared first on CryptoCoinsNews.
If you are building a car, and you either want the car to be faster or more efficient than ever before, you can do one of two things to it. You can increase the power of the car to make it faster (or lower the power rating to make it more efficient.) Or you can […]
The post Euro Banking Association (EBA) Reports on Bitcoin Benefits appeared first on CryptoCoinsNews.
We like the GlobalBoost (BSTY) alternative crypto currency that uses Yescrypt algorithm for mining, so we have decided to run a giveaway of some coins for free to everyone interested in checking it out. The BSTY started as a CPU-only crypto coin, but recently we have seen GPU miners for Nvidia and AMD getting released as well, though they still need some performance optimization. For the moment CPU mining is still faster, especially if you have an up to date multi-core processor that is sitting idle and waiting to be put to some good use such as mining.
So getting back to the GlobalBoost (BSTY) giveaway, all you have to do to take part in it is to post your BSTY wallet address in the comments below and you will get 50 BSTY coins sent to you – that is the reward you get if you mine a single BSTY block. Do note that since the all of the coins will be sent manually to you it may take some time before your reward is sent, but normally it should not take more than a few hours. Only one reward per user is allowed, so please do not abuse our giveaway – we have prepared enough coins to give away, but we reserve the right to cancel the giveaway at any time we decide.
– For more information about the GlobalBoost (BSTY) alternative crypto currency….
Earlier this month GPU miners for Yescrypt getting released for AMD and Nvidia GPUs were released thanks to the work of djm34. These miners however still seem to be slower in terms of performance when compared to CPU mining for Yescrypt, so we’ve decided to give a quick test on what some up to date CPU and GPU hardware is capable of in terms of performance. There are two coins that rely on Yescrypt at the moment, these are GlobalBoost-Y (BSTY) and Unitus (UIS), though UIS is a multi-algorithm altcoin. Below you can download the CPU miner for mining Yescrypt that we’ve used for the tests and as for the GPU miners, we have already published them here on the website – the djm34 fork of ccMiner and sgminer with Yescrypt support as well as the latest ccMiner fork from SP.
Performance results for Yescrypt:
– Intel Core i7 5820K CPU: 5.22 KHS
– AMD Radeon R9 280X GPU: 0.793 KHS
– Nvidia GeForce GTX 980 GPU: 1.124 KHS
– To download the cpuminer fork with best performance for CPU mining Yescrypt on Windows OS…
We have compiled a new up to date Windows binary from the latest ccMiner 1.6.3-git by tpruvot (source). The latest version includes support for the NeoScrypt algorithm that has been improved over djm34’s initial work that should also work on older Compute 3.0 Nvidia GPU. There are also numerous code improvements included in the latest code, so if you are using tpruvot’s fork of ccMiner you might want to update. The previous windows binary release that we posted required Compute 3.5 as a minimum, though we are not able to currently test if Compute 3.0 works properly. 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 1.6.3-git by tpruvot for Windows OS…
Time for another update on the actual daily profit we are getting after about two weeks of using the two new additions to the list of cloud mining services that we are testing. The first one is HashFlare powered by HashCoins mining hardware. Below you can see the daily actual profit (the mined coins minus the maintenance fee) we got for 100 GHS cloud mining hashrate purchased at the service:
27.04.15 – 0.00104485 BTC
28.04.15 – 0.00102340 BTC
29.04.15 – 0.00103423 BTC
30.04.15 – 0.00103791 BTC
01.05.15 – 0.00102066 BTC
02.05.15 – 0.00105168 BTC
03.05.15 – 0.00104769 BTC
04.05.15 – 0.00103686 BTC
05.05.15 – 0.00099838 BTC
06.05.15 – 0.00100563 BTC
07.05.15 – 0.00103024 BTC
08.05.15 – 0.00100574 BTC
09.05.15 – 0.00104748 BTC
10.05.15 – 0.00102330 BTC
11.05.15 – 0.00100108 BTC
The second cloud mining service is GigaHash powered mostly by Technobit ASIC miners, a smaller mining operation also EU-based. Do note that the actual profit you get from cloud mining services can vary depending on the BTC exchange rate as the maintenance fees usually covering electricity and such are fixed in USD, so with higher exchange rate the costs are getting smaller and the profit per GHS higher. Below you can see the daily actual profit (the mined coins minus the maintenance fee) we got for 100 GHS cloud mining hashrate purchased at the service:
30.04.15 – 0.00046600 BTC
01.05.15 – 0.00063100 BTC
02.05.15 – 0.00060000 BTC
03.05.15 – 0.00058000 BTC
04.05.15 – 0.00049000 BTC
05.05.15 – 0.00048500 BTC
06.05.15 – 0.00060000 BTC
07.05.15 – 0.00049000 BTC
08.05.15 – 0.00050000 BTC
09.05.15 – 0.00051500 BTC
10.05.15 – 0.00053000 BTC
11.05.15 – 0.00054000 BTC
12.05.15 – 0.00048000 BTC
Both services seem to be running smooth and problem free and provide pretty consistent results, though at the second one we see some peaks. These stable results in terms of actual profit are thanks to the quite stable network difficulty and price of Bitcoin lately and that makes it easier to do some estimates when things are more stable, though there are no guarantees if they will continue to be like that and for how long.
– For more details about the new cloud mining service HashFlare we are testing…
– For more details about the new cloud mining service GigaHash we are testing…
Bitcoin price is still locked in a correction in a narrow price range below $250. The market is becoming impatient, and lots of buying and selling is happening despite the deceptive calm. This analysis is provided by xbt.social with a 3 hour delay. Read the full analysis here. Not a member? Join now and receive […]
The post Bitcoin Price Rearing To Go appeared first on CryptoCoinsNews.
Bitcoin and its underlying block chain technology have made a consistent move forward in the world of finance and economics, gaining the respect of some largest players in the game. With Bitcoin continuing its growth, new education and brainstorming sessions are popping up everywhere, with some very interesting participants joining the discussions. Bank of England […]
The post Bank of England and Others Join Inaugural Bitcoin Forum appeared first on CryptoCoinsNews.
Interconnected Research (ICR), an Australia-based cryptocurrency research and development provider, recently satisfied requirements to remain registered as a Research Service Provider (RSP). The registration makes ICR the only private company that can ensure companies meet the requirements to claim a rebate of up to 43.5 cents on the dollar through the government’s R&D Tax Incentive […]
The post Australian Crypto-Focused Research Firm Supports Government Rebate And R&D For Bitcoin Entrepreneurs appeared first on CryptoCoinsNews.
Newnote Financial, the Canadian crypto conglomerate that acquired CoinTrader.net back in March, has now picked up recently embattled digital marketplace PayIvy. “Recently embattled” is a bit of an understatement, as world-renowned security analyst Brian Krebs singled them out in a recent blog post for activities of its users. He admits in his post that PayPal […]
The post PayIvy Acquired by Newnote for $260,000 CAD appeared first on CryptoCoinsNews.
The Denmark Central Bank, National Banken, will be discontinuing the printing of new fiat in 2016. They will be outsourcing the printing of money to a private business or businesses, this part remains unclear. Their reasoning for this is because more and more people are using digital payment systems. Such as cards, online payments, third […]
The post Denmark Central Bank to Stop Printing Money: Shops Can Refuse to Accept Notes and Coins appeared first on CryptoCoinsNews.
The White House has announced Dr. Ed Felten will be named U.S. Chief Technology Officer, making him a new addition to the White House Office of Science and Technology Policy. Dr. Felten falls in line with recent additions to the White House, “working to further President Obama’s vision to ensure policy decisions are informed by […]
The post Pro Bitcoin? The White House Names Vocal Dr. Ed Felten as Deputy U.S. Chief Technology Officer appeared first on CryptoCoinsNews.
Nasdaq hasn’t been around Bitcoin’s Block Chain very long, but they like what they see and are moving to integrate fully with its innovations. The new technology the block chain provides intrigues Nasdaq enough to begin a larger integration with their product portfolio, and the ability to make new offerings for their clientele. In the […]
The post NASDAQ Details Upcoming Use of Bitcoin’s Block Chain Tech appeared first on CryptoCoinsNews.
Bitcoin price has been drawing sideways near 1500 CNY and $242 during the past 24 hours. At the time of writing a wave to the upside is developing but it looks suspicious. This analysis is provided by xbt.social with a 3 hour delay. Read the full analysis here. Not a member? Join now and receive […]
The post Bitcoin Price Drawing Sideways appeared first on CryptoCoinsNews.
Ziddu.com, a cloud-based content distribution platform operated by Singapore-based Meridian Pte. Ltd., has provided a bitcoin wallet to its users. Users can now buy vouchers for gift cards, mobile recharge or games (such as XBOX and Play Station) with bitcoins. Ziddu provides free cloud storage, content distribution and micro payment services. It offers free cloud […]
The post Cloud-Based Content/Distribution Provider Ziddu.com Offers Bitcoin Wallet appeared first on CryptoCoinsNews.
Back in February we’ve mentioned about a crowdfunding project for a new optimized Lyra2RE optimized kernel by a used called pallas on the Bitcointalk forum. Now the source code of the optimized kernel, along with the sgminer fork, has been released by pallas and we have compiled a windows binary of the miner for everyone that is interested in trying it out on Windows. Our quick test has shown about 640 KHS hashrate mining Lyra2RE with the compiled binary and the optimized kernel on a non-overclocked Radeon R9 285 GPU (with slight factory OC of the card) by increasing a bit the intensity from the default 15. You are welcome to experiment and report what hashrate you are getting with this sgminer fork and optimized kernel on your GPU. Do note that this fork of sgminer only comes with kernels supporting Lyra2RE, therefore it is not intended for mining with other algorithms.
– To download and try the sgminer 5.1.0 with optimized Lyra2RE kernel for Windows OS…
Randal Howard Paul, better known as Rand Paul, is a member of the Republican Party in the United Sates Senate. He currently holds the position of Senator for Kentucky. His issues range through a range of subjects. He has often been vocal about auditing the Federal Reserve on numerous occasions. And Rand has not only […]
The post Rand Paul Recruits Bitcoin Advocate Patrick Byrne as Tech Counsel appeared first on CryptoCoinsNews.
SFARDS, the new player among the ASIC manufacturers with a new dual mining ASIC design, has announced a contest for a Best Miner Design and is going to be awarding participants with DogeCoin, Litecoin and Bitcoin for the ideas. You can describe your idea with words only or use images for a better representation of the design you are thinking about, be creative, there is no need to follow the rules of what is currently available as designs used by miners. The most creative answer reward is 1 BTC, there is also 100 LTC for the most “controversial” design award, 100 LTC for the most market appealing design award and each participant will get 1000 Dogecoin. The contest starts today May 11th and will continue until May 17th with all the results to be published within a week after the contest ends.
– For more details about the SFARDS Best Miner Design Contest…
Lance Parker has always had an interest in space. He was an early adopter of Bitcoin, having mined it in the early days until it seemed the difficulty had gotten the better of him. He’s run a number of different companies since graduating college, notably a mobile security company called iTag, which grew to 50,000 […]
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The United Kingdom has been the centre of Bitcoin discussion on and off for a while now. Ranging from its lack of regulatory oversight, inclusionary attempts, taxation clarification for cryptocurrency, consultations, and meetings. All leading to the current state of waiting on what will emerge in the regulatory framework for the Bitcoin sector. Back in […]
The post UK Banks Hold Blockade Firmly – Bitcoin History in the UK appeared first on CryptoCoinsNews.
Not sure what this Bitcoin price wave is doing… It had reverse diverged strongly to the downside and may be complete. But what exactly it is that had completed is not clear… This analysis is provided by xbt.social with a 3 hour delay. Read the full analysis here. Not a member? Join now and receive […]
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Collapse. It seems to be a word that is becoming more and more relevant in our everyday lives. The economic collapse of Greece. The collapse of the Petrodollar. The collapse of our civil liberties and constitutional rights. And the upcoming collapse of the U.S. Dollar. There’s a lot on our plate right now, but why […]
The post What Would a Bitcoin Collapse Look Like? appeared first on CryptoCoinsNews.
USAA, the bank that mainly markets to US military members and their families, is looking into utilizing Bitcoin to their advantage, for the purpose of increased efficiency. The managing director of the Texas-based bank’s corporate development, Alex Marquez, told Reuters this past week that the bank would be looking into utilizing the block chain for […]
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A terrific wave surged higher during the past two days and reached $249 (Bitfinex) before dropping almost $10 in a sell-off. The current intention of the market is uncertain – apparently to the market, too – as price hangs in an awkward zone between continued advance and a return to the lower consolidation area. This […]
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New update in the form of a new Windows binary compiled from the latest source code of ccMiner 1.5.50-git SP-MOD fork of the Nvidia GPU miner optimized for the latest Maxwell-based video cards by SP (source). This version includes numerous fixes and some performance improvements in Lyra2RE and a few other algorithms, there is also a new option to turn off extranonce support. 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 1.5.50-git by SP for Windows OS…
This is something interesting for poker lovers that also are into crypto currencies – high quality poker chips that are themed with popular crypto currencies. The crypto chips are with 39 mm diameter and have 10 gram weight with designs covering crypto currencies such as Bitcoin, Litecoin, Dash, Dogecoin, Monero, Feathercoin, Paycoin, Vertcoin and many others with over 50 styles available. They all come with ink injection printing and don’t use stickers, so you get a casino-like quality poker chips that are covered with crypto currency designs. Each chip costs $2.50 USD and you get free shipping within USA and shipping is available worldwide, payment can be made via Bitcoins, Litecoins, Dogecoins and few other alternative crypto currencies that are available.
– For more information and to check the available designs you can visit Crypto Chips…
Bitnation now has a space program. The Bitnation Space Agency will be headed by Iman Mirbioki and experiment with drones that fly in formations in order to develop a navigational system based on a new type of Fiber Optic Gyroscopes (FOG). The program is officially called Spacechain Space Program and their website can be found […]
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Kinetics Inc’s founder Morgan Rockwell has a dream. That dream is to compete with the likes of Google, Apple, GE, Visa & Chase. How does he plan on doing this? By bringing Tesla into the Bitcoin movement. For a long time, Rockwell has worked towards this goal. “I’ve focused on Tesla Motors heavily in regards […]
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Starbucks is not yet accepting bitcoin for purchases. But customers can use bitcoin to load an app and get a 20 percent discount using the app to pay for purchases at many Starbucks stores. The app, foldapp.com, also plans to include purchases at Target and Whole Foods. The ability to use bitcoin to make purchases […]
The post Foldapp Allows Customers To Pay For Starbucks Purchases And Get 20% Discount appeared first on CryptoCoinsNews.
After launching about one year ago, BTCXIndia is closing its trading platform because its bank will no longer allow them to operate. The exchange posted a notice on its website stating that they will close down their bitcoin trading platform as of May 20, 2015. BTCXIndia was the first bitcoin exchange in India offering a […]
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The multi-day downside reverse divergence highlighted in yesterday’s analysis won out, and a Bitcoin price corrective wave low was struck. Price has now advanced impulsively above both the 1-hour and 4-hour 200MAs and the outlook is very bullish, but a consolidation below $240 and 1480 CNY has the market in two minds. This analysis is […]
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Joe Maristela, a healthcare entrepreneur, has invested $100,000 in Satoshi Citadel Industries (SCI) and has challenged other traditional business owners to follow him by investing in Philippine technologies. SCI is an umbrella firm for seven Philippine bitcoin companies, including Rebit.ph, a remittance service, Bitmarket.ph, a bitcoin payment processor, and the recently-acquired BuyBitcoin.ph, a bitcoin exchange. […]
The post Healthcare Entrepreneur Invests In Satoshi Citadel to Increase Bitcoin Adoption in the Philippines appeared first on CryptoCoinsNews.
The Olympia Brew Fest, an annual summer beer festival at the Port Plaza in Olympia, Wash., will accept bitcoin for the purchase of admission. The announcement marks a measure of progress in bitcoin as a payment method for alcohol. Festival organizers claim they will be the first in the world to accept bitcoin. The festival, […]
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