The post 50 Million People Have Their Private Data on the Deep Web, Security Firm Warns appeared first on CryptoCoinsNews.
Monday, October 31, 2016
Caution is Neccessary, Bitcoin Traders
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Ethereum to Add Zcash Privacy says Vitalik Buterin
[…]
The post Ethereum to Add Zcash Privacy says Vitalik Buterin appeared first on CryptoCoinsNews.
‘Big 4’ Australian Banks Will Be Monitored to Avoid Blockchain Monopolization
Australia's competition enforcer will keep an eye on any big banks' attempts to cannibalize blockchain disruption.
The post ‘Big 4’ Australian Banks Will Be Monitored to Avoid Blockchain Monopolization appeared first on CryptoCoinsNews.
Ethereum Developers Re-Imagine Betting
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Sunday, October 30, 2016
Zcash (ZEC) is Now Slowly Stabilizing After a Bumpy Start
Zcash (ZEC) had a good start, but there were trouble with different pools and miners, even though everyone was willing to mine due to the overblown initial price of ZEC coins and their scarcity on the market. Now things are already starting to stabilize with prices going down to a more reasonable level, pools having less trouble and more miners to choose from. The slow start implemented for the launch of Zcash is working as expected with the block reward just a bit short from 1 ZEC at the moment and a network difficulty of 2,585,881 Sol/s with just about 751 ZEC coins mined so far (20% of them in the hands of developers).
Just as we have expected and predicted the big interest and a lot of hype have materialized in high demand and big initial price and while the price is still pretty high it will continue to go down as the block reward increases and more ZEC coins become available on the market. So if you are mining ZEC at the moment it might be wise to sell them now and later on buy more at a cheaper price with the money you have made from mining at the moment… seems like the most reasonable thing to do, otherwise the hard mined coins now will be worth even less in a couple of days.
The positive effect from the big move of mining hashrate to mine Zcash is that some other coins have become more interesting to mine if you are mining and holding on the long run than instead of mining and selling immediately for profit like you might be doing with ZEC. So now that the profit is not as big as at the initial launch you might also look around for alternatives and see if they might have become more interesting to mine than they were before the Zcash launch.
– To keep a track of how things are moving with the Zcash using the Zchain explorer…
Saturday, October 29, 2016
UFOMiners Launch Four Powerful Cryptocurrency Miners
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The post UFOMiners Launch Four Powerful Cryptocurrency Miners appeared first on CryptoCoinsNews.
Bitcoin Price Breaks Beyond $700 in Biggest Rally Since June
Bitcoin is making gains from Chinese demand.
The post Bitcoin Price Breaks Beyond $700 in Biggest Rally Since June appeared first on CryptoCoinsNews.
Zcash Unleashes Trading Frenzy
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The post Zcash Unleashes Trading Frenzy appeared first on CryptoCoinsNews.
Merits & Limitations of Zcash: Experts’ Thoughts
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The post Merits & Limitations of Zcash: Experts’ Thoughts appeared first on CryptoCoinsNews.
Spread Betting a Safer Bet as Bitfinex Hacked for $71M
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The post Spread Betting a Safer Bet as Bitfinex Hacked for $71M appeared first on CryptoCoinsNews.
UFOMiners Launches Four Miners For Bitcoin And Litecoin
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The post UFOMiners Launches Four Miners For Bitcoin And Litecoin appeared first on CryptoCoinsNews.
Friday, October 28, 2016
Zcash (ZEC) is Now Live, Some Tips Where To Mine and How
Earlier today Zcash (ZEC) went live as expected and people are already starting to mine it, some of them probably are still not aware of the slow start with very small block rewards initially. Regardless, with what is available as miners at the moment there are pretty much two places where you would want to go for mining if you still haven’t done so. The first one for CPU mining and CUDA mining is Flypool that uses a modified version of NiceHash’s stratum miner available for download here CPU/CUDA miner for Flypool.
For AMD mining you might want to head on to the Coinsforall mining pool that uses its own different protocol and has an OpenCL and CUDA miner. Earlier today Genoil has posted an OpenCL miner binary for Windows with stratum support, however it seems that his miner is still not ready for major use as most people are reporting issues making it work properly. We have tried his miner and also had trouble making it work properly, so if you have AMD OpenCL GPUs just go for Coinsforall for the moment and use their miner.
Scotland’s Capital to Hold Blockchain Tech Conference
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Zcash Launches Amid Controversy
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The post Zcash Launches Amid Controversy appeared first on CryptoCoinsNews.
Ethereum Could be Headed for a Selloff
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The post Ethereum Could be Headed for a Selloff appeared first on CryptoCoinsNews.
Switzerland’s National Railways Operator Will Sell Bitcoin
Bitcoin, at a Swiss Railways ticketing kiosk near you.
The post Switzerland’s National Railways Operator Will Sell Bitcoin appeared first on CryptoCoinsNews.
Singapore and South Korea Come Together for Fintech
[…]
The post Singapore and South Korea Come Together for Fintech appeared first on CryptoCoinsNews.
MasterCard: Europe Uses Selfies to Make Payments
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The post MasterCard: Europe Uses Selfies to Make Payments appeared first on CryptoCoinsNews.
Thursday, October 27, 2016
Plaintiffs Reach Settlement With One Cryptsy Defendant
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The post Plaintiffs Reach Settlement With One Cryptsy Defendant appeared first on CryptoCoinsNews.
Getting Ready for the Zcash (ZEC) Official Launch Tomorrow
Zcash (ZEC) is a new crypto currency project that launches officially tomorrow on 28th of October and there is already huge user interest in it and a lot of hype. Since ZEC coins will be mined and the development of miners and pools is currently moving very fast thanks to the significant interest from users you might want to be ready and up to speed with what is happening. What a lot of people still may not be aware of is the fact that Zcash has implemented a slow-start mechanism for the first 20,000 blocks (or about 34 days), meaning that the block reward will start at 0 coins and gradually move to the 12.5 ZEC reward in the course of the first 20K blocks. It will take a bit more than 2 days for the block reward to reach 1 ZEC and before that with the expected huge amount of hashrate thrown at the network right from the start the initial rewards for miners will most likely be very small. The linear rate of block reward increase effectively creates half as many ZEC in the first 20,000 block period resulting in 125,000 ZEC mined instead of the normally expected 250,000 ZEC for the first month of mining.
Now, regarding mining, there are already a couple of mining pools available (mostly running on testnet) and a number of miners and more work is currently being done on improving miner performance and increasing compatibility. It seems that the NiceHash nheqminer is currently a popular choice, even though it currently supports only CPU mining and CUDA GPU mining with OpenCL support apparently expected shortly. The original miner from NiceHash is hardcoded to support only their mining pools, though since the source code is available other pools have adapter it to work with them as well (you need to get a dedicated version of the miner for that). Have in mind that mining Zcash on NiceHash might be more interesting option for some, but not for other users as you will be getting paid in BTC instead of ZEC… remember that you are essentially selling your mining hashrate and getting paid in BTC and not mining ZEC directly with them. There is also the alternative of purchasing Zcash Cloud Mining Hashrate from Genesis Mining…
Here is a list of pools where you can mine Zcash (ZEC) when the mining starts tomorrow October 28th and get paid in ZEC coins, note that besides each pool there is a link for the miner that supports it. Do note that the list of pools is probably not complete, so if you find a missing one please post it in the comments, so that it can be added in the list. Make sure that the pool is already operational and running on the testnet and clearly states what miner is supported in order for people to be able to test it…
– http://ift.tt/2fbsN5F – CPU/CUDA miner
– http://ift.tt/2fbuvUt – CPU/CUDA miner
– http://coinsforall.io/ – OpenCL/CUDA miner
– http://ift.tt/2eQtbm3 – CPU/CUDA miner
– https://zmine.io/ – CPU miner
Price Analysis: Ethereum Support Looks Broken
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The Bitcoin Network Breaks Down as Demand Surges
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CEX.IO Launches Margin trading for BTC/USD and ETH/BTC
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The post CEX.IO Launches Margin trading for BTC/USD and ETH/BTC appeared first on CryptoCoinsNews.
Wednesday, October 26, 2016
Blockchain Explored by 90% of Major North American and European Banks, Survey Finds
As far as banks are concerned, they're going full blockchain.
The post Blockchain Explored by 90% of Major North American and European Banks, Survey Finds appeared first on CryptoCoinsNews.
Bitcoin Looks to Be Poised to Rally
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The post Bitcoin Looks to Be Poised to Rally appeared first on CryptoCoinsNews.
France Wants A Piece of Britain’s Financial Industry
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The post France Wants A Piece of Britain’s Financial Industry appeared first on CryptoCoinsNews.
Crypto Mining Performance of the Nvidia GeForce GTX 1050 Ti
A couple of days ago Nvidia has introduced their new lineup of GTX 1050 and GTX 1050 Ti GPUs, entry level for gamers and the successor of the popular GTX 750 Ti and the more recent GTX 950. We got an MSI GeForce GTX 1050 Ti 4G OC video card to give it a quick test and see what Nvidia has to offer with their new GPUs in terms of performance in some of the most popular crypto mining algorithms. While the GTX 1050 Ti may not be the most powerful solution for mining, the interesting part here is the lower power consumption per board just like it was back when GTX 750 Ti was released. So while it may not be the best choice for more serious multi-GPU mining operations, it could still be a viable option for a lower power home mining rig with 6x GTX 1050 Ti for example.
The GeForce GTX 1050 and GTX 1050 Ti are originally intended to be used without external power and have a TDP limit of 75W (because of the PCI-E slot), though we expect that there will be some companies offering more serious models with external PCI-E power. Do note that if you plan on building 6x GTX 1050 Ti GPUs mining rig you will still need to use powered extenders in order to avoid the possibilty of damaging the motherboard as the power draw from these will be significant.
When we consider the fact that the new GPUs are based on 14nm production process (the first GPUs to go down from 16nm to 14nm for Nvidia) and apparently do have some nice headroom for overclocking. We have managed to get +195 MHz on the core and +150 MHz on the video memory with the default voltages and what was limiting us from going further was the power limiter as the card was hitting the TDP and could not boost the operating frequency that much. Still the maximum frequency of the GPU it managed to hit briefly was 1911 MHz, so with higher power limit and with better cooling such operating frequencies might be available for constant boost.
Here are the numbers, comparing the performance of GTX 750 Ti, GTX 950 and GTX 1050 Ti using the latest NiceHash Miner software to get the hashrates of various popular GPU mining algorithms at the moment. As you can see there is a really nice improvement in hashrate between GTX 750 Ti and GTX 1050 Ti, maybe with some decent overclock the new GPU could even get to double the performance in some algorithms. Nevertheless the improvement from GTX 750 Ti is good in terms of performance and while there is also decent improvement from what GTX 950 offers, it is not that significant really. The main reason for that is the fact that specifications wise the GTX 950 and GTX 1050 Ti look pretty similar, even though they are based on different architectures it is much like the older one is just a bit slowly clocked and has somewhat higher power usage. Still the GTX 950 is pretty much in between the GTX 750 Ti and GTX 1050 Ti in terms of hashrate in pretty much all algorithms apart from Cryptonight where the weird result is most likely due to the lack of optimizations.
In the end the new Nvidia GeForce GTX 1050 Ti is really a good improvement over the GTX 750 Ti in terms of mining performance, you could probably get the a bit higher mining performance from 4x GTX 1050 Ti as with 6x GTX 750 Ti, and the power usage will be lower. You could still build a good mining rig with decent hashrate using 6x GTX 1050 Ti GPUs and do with a 600W power supply just fine. Of course, as already mentioned it might not be the best choice for serious mining operations where GTX 1070 would perform much better in terms of performance, but for home miners it could still be a viable option… just like GTX 750 Ti did when it first came out.
– More on the technical specifications and the differences between the GTX 1050 and GTX 1050 Ti..
Tuesday, October 25, 2016
Ethereum Classic Hardforks Successfully
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Monday, October 24, 2016
Overstock Set to Start Bitcoin-Based Stock Trading
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The post Overstock Set to Start Bitcoin-Based Stock Trading appeared first on CryptoCoinsNews.
U.S. Banks Band Up to Try Zelle, a New Real-Time Payments Solution
The banking industry's most comprehensive effort to move into the digital payments space.
The post U.S. Banks Band Up to Try Zelle, a New Real-Time Payments Solution appeared first on CryptoCoinsNews.
Bitcoin Price Requires a Closer Look
[…]
The post Bitcoin Price Requires a Closer Look appeared first on CryptoCoinsNews.
Indian Government & Singapore’s Central Bank Partner over Blockchain & Fintech
Digital payments and blockchain solutions are on the agenda.
The post Indian Government & Singapore’s Central Bank Partner over Blockchain & Fintech appeared first on CryptoCoinsNews.
Sunday, October 23, 2016
How to Earn Money with Bitcoin
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The post How to Earn Money with Bitcoin appeared first on CryptoCoinsNews.
OpenBazaar Upgrades Vendor Features
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The post OpenBazaar Upgrades Vendor Features appeared first on CryptoCoinsNews.
Saturday, October 22, 2016
Is a Decentralized Internet the Solution to Outages?
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The post Is a Decentralized Internet the Solution to Outages? appeared first on CryptoCoinsNews.
Ahead of the U.S. Election, DopeCoin Up 10% In 24 Hours
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The post Ahead of the U.S. Election, DopeCoin Up 10% In 24 Hours appeared first on CryptoCoinsNews.
5 Times Bitcoin Appeared in Entertainment
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Insurance Giants Launch Blockchain Initiative
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Friday, October 21, 2016
Bitcoin Exchange Bitfinex Attempts To Negotiate With $65 Million Hacker
Bitfinex reaches out to the hacker who triggered the last great bitcoin price collapse.
The post Bitcoin Exchange Bitfinex Attempts To Negotiate With $65 Million Hacker appeared first on CryptoCoinsNews.
Could Bitcoin Price See a Fall?
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Bitstamp Integrates with TREZOR Bitcoin Wallet
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Ethereum Classic To Hard Fork October 25
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Ripple’s XRP Futures Gets Listed on Derivatives Exchange
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The post Ripple’s XRP Futures Gets Listed on Derivatives Exchange appeared first on CryptoCoinsNews.
Blockchain-Fueled Open-Source P2P Energy Trading System Wins Energy Hackathon
The winners built a blockchain marketplace for everyday users to trade energy.
The post Blockchain-Fueled Open-Source P2P Energy Trading System Wins Energy Hackathon appeared first on CryptoCoinsNews.
Endorphina Game Pays Over 150 BTC at mBit Casino!
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Thursday, October 20, 2016
Darknet Marketplace Monero Market Goes Offline Until January 2017
A Monero-focused marketplace shuts shop, for now.
The post Darknet Marketplace Monero Market Goes Offline Until January 2017 appeared first on CryptoCoinsNews.
Report: R3’s Banking Blockchain Software is Going Open Source
The R3 private banking consortium's blockchain software code will be released publicly.
The post Report: R3’s Banking Blockchain Software is Going Open Source appeared first on CryptoCoinsNews.
Bitcasino.io Nominated for EGR Operator Award
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Ethereum is Looking Strong Post-Fork
The Ethereum charts are looking strong.
The post Ethereum is Looking Strong Post-Fork appeared first on CryptoCoinsNews.
Wednesday, October 19, 2016
Blockchain Can Disrupt the Disruptors in Uber and AirBnb
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The post Blockchain Can Disrupt the Disruptors in Uber and AirBnb appeared first on CryptoCoinsNews.
Darknet Drug Vendor Extradited from Romania…to Colorado
[…]
The post Darknet Drug Vendor Extradited from Romania…to Colorado appeared first on CryptoCoinsNews.
Bitcoin Price is Straddling Key Resistance and Support Here
Time to dive into the Bitcoin price charts.
The post Bitcoin Price is Straddling Key Resistance and Support Here appeared first on CryptoCoinsNews.
The European Central Bank Wants Tighter Control over Bitcoin
The Union doesn't qualify bitcoin as a currency.
The post The European Central Bank Wants Tighter Control over Bitcoin appeared first on CryptoCoinsNews.
Blockchain Could Slash Oil Industry Costs by 30%, says Chief of Commodities Trading Giant
Cutting costs. Among the biggest draws of the blockchain bandwagon.
The post Blockchain Could Slash Oil Industry Costs by 30%, says Chief of Commodities Trading Giant appeared first on CryptoCoinsNews.
Indian IT Consultancy TCS is Developing over “100” Blockchain Projects
That's plenty of blockchain pilots underway in India.
The post Indian IT Consultancy TCS is Developing over “100” Blockchain Projects appeared first on CryptoCoinsNews.
Tuesday, October 18, 2016
Nividia Has Announced the New GeForce GTX 1050 and GTX 1050 Ti GPUs
Nvidia is finally lowering their entry level to the new Pascal line of GPUs with the official announcement of the new GeForce GTX 1050 and GTX 1050 Ti series of products that are supposed to bring high performance in a small and affordable package with even lower power usage. These new GPUs are essentially the long awaited successor of the popular GTX 750 and GTX 750 Ti series of graphic processors from Nvidia and they do come at a very similar price range. You can see the detailed specifications of both new series of GPUs and the expected end user pricing is set at $109 USD for the GTX 1050 and $139 USD for the GTX 1050 Ti with availability of the new GPUs expected for October 25th, so even though the announcement was today there is a one more week wait time before their availability.
GeForce GTX 1050 TI Specifications
– Graphics Processing Clusters: 2
– Streaming Multiprocessors: 6
– CUDA Cores (single precision): 768
– Texture Units: 48
– ROP Units: 32
– Base Clock: 1290 MHz
– Boost Clock: 1392 MHz
– Memory Clock: 3504 MHz
– Memory Data Rate: 7 Gbps
– L2 Cache Size: 1024K
– Total Video Memory: 4096 MB GDDR5
– Memory Interface: 128-bit
– Total Memory Bandwidth: 112 GB/s
– Texture Rate (Bilinear): 61.9 GigaTexels/sec
– Fabrication Process: 14 nm
– Transistor Count: 3.3 Billion
– Connectors: 1 x DisplayPort, 1 x HDMI, 1 x Dual-Link DVI
– Form Factor: Dual Slot
– Power Connectors: None
– Recommended Power Supply: 300 Watts
– Thermal Design Power (TDP): 75 Watts
– Thermal Threshold: 97° C
GeForce GTX 1050 Specifications
– Graphics Processing Clusters: 2
– Streaming Multiprocessors: 5
– CUDA Cores (single precision): 640
– Texture Units: 40
– ROP Units: 32
– Base Clock: 1354 MHz
– Boost Clock: 1455 MHz
– Memory Clock: 3504 MHz
– Memory Data Rate: 7 Gbps
– L2 Cache Size: 1024K
– Total Video Memory: 2048 MB GDDR5
– Memory Interface: 128-bit
– Total Memory Bandwidth: 112 GB/s
– Texture Rate (Bilinear): 54.2 GigaTexels/sec
– Fabrication Process: 14 nm
– Transistor Count: 3.3 Billion
– Connectors: 1 x DisplayPort, 1 x HDMI, 1 x Dual-Link DVI
– Form Factor: Dual Slot
– Power Connectors: None
– Recommended Power Supply: 300 Watts
– Thermal Design Power (TDP): 75 Watts
– Thermal Threshold: 97° C
There will be no reference design version of the GTX 1050 and the GTX 1050 Ti, even though Nivida is releasing some images with a GPU that apparently seems to have a reference design cooler similar to the one found in the Founders Edition versions of the higher-end Pascal models. The new GTX 1050 and GTX 1050 Ti will be available from petty much any major partner of Nvidia such as ASUS, EVGA, Galaxy, Gigabyte, Inno3D, MSI, Palit, Zotac and others in single and dual-fan designs. Interestingly enough the official specifications of both GPUs say 75W TDP and no external power connector, though we expect to see some partners actually offering OC models that do come with additional PCI-E power connector available. This is also something that you might want to be looking for if you are going to be building mining rigs with let us say 6x GTX 1050 or GX 1050 Ti GPUs. Since GTX 750 Ti was especially popular for building a lower power six GPU mining rigs when it was introduced one can expect that the GTX 1050 Ti especially might be an interesting choice for such solutions as well when it becomes available. So we are going to be keeping an eye out and hopefully will soon be able to test some of the new GPUs and report on their mining performance…
Segregated Witness: Coming to a Bitcoin Core near You
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Another Zcash (ZEC) Cloud Mining Hashrate Upgrade from Genesis Mining
Just a couple of days ago we’ve talked about the upcoming launch of Zcash (ZEC) and Genesis Mining Doubling their Cloud Mining Hashrate Offers and they just did it once more. Their offer has been doubled once more in terms of the hashrate you get, for all existing customers that already pre-ordered as well as for new ones. The upgrade is from 0.3 H/s to 0.6 H/s for the Starter plan, from 3 H/s to 6 H/s for the Advanced plan and from 30 H/s to 60 H/s with the prices remaining the same. Definitely a good news for everyone that preordered hashrate and for new users that might do so with the launch of Zcash mining approaching (planned for October 28th). Also don’t forget that you can use our special discount code during checkout to get 3% off the regular prices for Zcash mining hashrate, just enter CryptoMiningBlog5 as promo code during checkout to take advantage of the lower price. Remember that although there is already a lot of interest in this new altcoin and the project looks really promising, there is no guarantee of success, so be wise with investments. Also miners for Zcash should be available by the time of the official launch, even a GPU one hopefully, so you should most likely be able to mine ZEC with your CPU/GPU mining rigs as well (if you do have any).
– For more information about the Zcash cloud mining pre-order from Genesis Mining…
Imogen Heap Sees Blockchain as the Music Industry’s Savior
The Grammy-award winning artist is big on blockchain.
The post Imogen Heap Sees Blockchain as the Music Industry’s Savior appeared first on CryptoCoinsNews.
This is the Definitive Crypto Hardware Bitcoin Wallet
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Ethereum Successfully Hardforks
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Ethereum Did Not Disappoint
A look at the Ethereum price chart in the run-up to the hard fork.
The post Ethereum Did Not Disappoint appeared first on CryptoCoinsNews.
The Banking Industry Completes a Smart Contracts Blockchain Test
This particular test saw Wall Street firms deliberate over a four-month period.
The post The Banking Industry Completes a Smart Contracts Blockchain Test appeared first on CryptoCoinsNews.
Epik Domain Name Operator/Marketplace Accepts Bitcoin
[…]
The post Epik Domain Name Operator/Marketplace Accepts Bitcoin appeared first on CryptoCoinsNews.
Monday, October 17, 2016
The Coen Brothers Are behind ‘Dark Web’, a Thriller Chronicling Ross Ulbricht and the Silk Road
Plenty of room for dark humor?
The post The Coen Brothers Are behind ‘Dark Web’, a Thriller Chronicling Ross Ulbricht and the Silk Road appeared first on CryptoCoinsNews.
ViaBTC Calls for a Bitcoin Hardfork
[…]
The post ViaBTC Calls for a Bitcoin Hardfork appeared first on CryptoCoinsNews.
The DAO Chart Is at an Important Juncture in Time
It's been a relative calm since the June DAO hack.
The post The DAO Chart Is at an Important Juncture in Time appeared first on CryptoCoinsNews.
Sunday, October 16, 2016
Quantum Computers Will Destroy Bitcoin, Scientists Warn
[…]
The post Quantum Computers Will Destroy Bitcoin, Scientists Warn appeared first on CryptoCoinsNews.
Bitcoin Ends the Week on a Positive Note, as Expected
[…]
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Blockchain Comes to High Fashion
[…]
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Saturday, October 15, 2016
US DARPA Takes Blockchain for Military Use
[…]
The post US DARPA Takes Blockchain for Military Use appeared first on CryptoCoinsNews.
Ethereum (ETH) Hardfork Incoming to Fix The Latest Issues
In the last weeks Ethereum and its network have been the target of a constant attacks resulting in various issues and disruption of the normal operation of the network and users having trouble with transactions. The attacker(s) apparently have been very crafty in locating vulnerabilities in the client implementations as well as the protocol specification and abusing them in order to make things hard for everyone else mining or using Ethereum. According to the Ethereum developers the most visible consequence of the attacks for most users is that they are having difficulties getting transactions included in blocks, and full nodes are facing memory limitations in managing the bloated state. This needs to be addressed with a hardfork and that hard fork was initially planned to happen at block 2457000, but has since been postponed for block 2463000 to allow for more testing of the new code before it becoming live. This is supposed to happen sometime around the coming Tuesday, October 18th. Do note that around that time some exchanges may temporary disable Ethereum (ETH) trading and withdraws/deposits in order to avoid possible issues when the hardfork hits, so make sure to be careful operating with any Ethereum coins around that time.
– For more details about the upcoming Ethereum (ETH) hardfork on the official blog…
Friday, October 14, 2016
Ethereum Classic Divided Over the Proposed Hardfork
[…]
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Litecoin is Entering a Timeframe to Watch
[…]
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BitcoinTalk’s Theymos On Free And Open Discussions
[…]
The post BitcoinTalk’s Theymos On Free And Open Discussions appeared first on CryptoCoinsNews.
Blockchain.info CEO: “Attackers Gained Access to our Accounts”
The attack was on its registrar and not Blockchain.info, according to the bitcoin wallet company's CEO.
The post Blockchain.info CEO: “Attackers Gained Access to our Accounts” appeared first on CryptoCoinsNews.
How to Deposit Your Cryptocurrency at an Online Casino
[…]
The post How to Deposit Your Cryptocurrency at an Online Casino appeared first on CryptoCoinsNews.
MineCoin Central Bank: Algo or human?
[…]
The post MineCoin Central Bank: Algo or human? appeared first on CryptoCoinsNews.
Thursday, October 13, 2016
Bitcoin Training for Foreign Embassy Officers, Says John Kerry
Looking for a job as a U.S. embassy officer offshore? A crash course on bitcoin first.
The post Bitcoin Training for Foreign Embassy Officers, Says John Kerry appeared first on CryptoCoinsNews.
Blockchain.info Suffers DNS Attack, Recovers Hours Later
[…]
The post Blockchain.info Suffers DNS Attack, Recovers Hours Later appeared first on CryptoCoinsNews.
Time to Take a Look at Ethereum Again
Today's spotlight for analysis sees Ethereum take center stage.
The post Time to Take a Look at Ethereum Again appeared first on CryptoCoinsNews.
Bitwala’s LolaBot Project, Dubbed the Siri for Bitcoin
Bitwala is a service that makes bank transfers on your behalf in exchange for bitcoins, so you can use it to pay bills in Euro by spending Bitcoin you own. What is more interesting though it the Bitcoin virtual assistant called LolaBot that the company has just launched and it is dubbed the Siri for Bitcoin. LolaBot is a fun and more personal way to get to know Bitcoin and cryptocurrency in general. Not only are visitors able to ask general questions such as the price of Bitcoin, who invented Bitcoin and so on, visitors interested in getting to know Bitwala can also ask questions about the company, the founders, and even about Lola herself.
Do note that LolaBot requires you to use Chrome, Safari or Chromium browser in order for the full functionality to be available, including the voice recognition feature, using it on other browsers will still work, but you will have to type your questions instead of speaking them. It is more of a fun project at the moment than something very functional and useful, but you might still want to give a try and ask LolaBot some questions regarding Bitcoin or crypto currencies or maybe even about the services that Bitwala offers to its customers.
– For more information about Bitwala’s LolaBot project and to try it out yourself…
Zcash (ZEC) Cloud Mining Hashrate Upgrade from Genesis Mining
A few days ago we’ve talked about the upcoming launch of Zcash (ZEC) and part of the post was about the cloud mining pre-offer from Genesis Mining. We have some good news about that offer that has since been upgraded in terms of hashrate, essentially tripping the initial offering for all existing customers that purchased Zcash cloud mining hashrate as well as for future purchases. The upgrade is from 0.1 H/s to 0.3 H/s for the Starter plan, from 1 H/s to 3 H/s for the Advanced plan and from 10 H/s to 30 H/s with the prices remaining the same. Definitely a good news for everyone that preordered hashrate and for new users that might do so with the launch of Zcash mining approaching. Also don’t forget that you can also use our special discount code during checkout to get 3% off the regular prices for Zcash mining hashrate, just enter CryptoMiningBlog5 as promo code during checkout to take advantage of the lower price. Don’t forget that although there is already a lot of interest in this new altcoin and the project looks really promising there is no guarantee of success, so be wise with investments. Also miners for Zcash should be available by the time of the official launch, even a GPU one hopefully, so you should most likely be able to mine ZEC with your mining rigs as well (if you do have any).
– For more information about the Zcash cloud mining pre-order from Genesis Mining…
New KopiemTu 3.0 Linux Mining Distribution for the Latest Nvidia GPUs
KopiemTu is an Lubuntu Linux-based mining distribution for Nvidia GPUs that has been available for quite some time already. The latest KopiemTu 3.0 that was just released however brings support for the latest generation of Nvidia Pascal-based GPUs – the GTX 1000 series. It comes with CUDA 8.0 support and GeForce GTX 370.28 driver, including support for overclocking or underclocking some GTX 1×00 GPUs. The whole mining distribution should fit on a 16GB USB flash drive making it easier to deploy and use without the need of a dedicated hard drive for the mining rig. There is a simple yet convenient web-based monitoring of your mining rigs activity available, so it is easy to keep track of them without the need to connect to each and every one of them. The distribution relies on ccMiner and the default version is apparently compiled for Pascal GPUs, though you can apparently easily configure it to be used with older Nvidia GPUs.
– For more details about the new KopiemTu 3.0 Nvidia Linux mining distribution…
Indian Bank ICICI Executes Blockchain Remittance Pilot
India’s largest private sector lender, ICICI Bank, has tied up with Dubai’s largest bank, Emirates NBD, to develop a blockchain platform to facilitate international trade finance and remittance. Indian bank ICICI has announced the successful pilot of transactions executed over a blockchain, developed in partnership with Middle Eastern banking giant Emirates NBD. A custom-made blockchain […]
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Wednesday, October 12, 2016
The Russian Bitcoin Ban Plan is on Indefinite Hold
The Deputy Finance Minister of the Russian Federation has now stated that the spread of bitcoin in Russia does not represent a threat the country’s financial ecosystem, at its current rate of adoption. As such, the plan to ban the cryptocurrency is now paused. Alexei Moiseev, the Deputy Finance Minister who has primarily spearheaded the […]
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Ethereum Classic’s Price Crashes as Network Comes Under Attack
Ethereum Classic lost more than 10% of its value today with price standing just above $1 as the network comes under sustained dos attack. The attacks are similar to those experienced by Ethereum over last month. A programmer is exploiting gas mispricing for certain op codes to drain nodes of memory and other resources thus […]
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Bitcoin Bull Market is Still Intact
In the past few days, we have focused on the long term chart of Bitcoin. We have a reasonable degree of confidence that the long-term trend remains up, so we want to keep an eye out for opportunities to go long, rather than short. From today we will look at the daily chart to get […]
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ViaBTC Might Block Segwit, Calls 1MB blocks “Network Suicide”; Moves to Bitcoin Unlimited
The never ending bitcoin blocksize debate returns to the forefront as ViaBTC, a new pool with around 10% network hashrate, moves all of its mining operations to Bitcoin Unlimited. In a new public statement, ViaBTC delivered the most scathing criticism yet of the current bitcoin scaling situation. Written by Haipo Yang, CEO of ViaBTC, formerly […]
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Blockchain Startup Contest – Call for Applications
Press Release: The Blockchainhub Graz and industry partners initiated a Blockchain Startup Contest. 15.000 € in prize money will be given away within two categories, software and hardware startups. The application is still open until October 31, 2016. The entry requirements are quite low: every startup or idea that are not older than 2 years since […]
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This Company Uses Bitcoin Blockchain For Medical Marijuana DNA Sequencing
A molecular information company called Medicinal Genomics (MCG) has partnered with 12 cannabis processors and cultivators to develop genomics-based safety and quality standards, and they are using the bitcoin blockchain to track DNA sequencing cannabis strains. Inconsistent Strains Pose Challenge The lack of consistent cannabis strains from the same grower can pose medical challenges for […]
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Bitcoin Blooms with Chinese Buyers as Yuan Sinks
Bitcoin price has seen sailing good winds lately, spiking early on October 11 from recent averages of $610-$615 to $630. Prices have seen support since, with a high of $649 on the Bitstamp Price Index, a number that hasn’t been scaled since the end of July. Bitcoin’s rise coincides with the continued fall of […]
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Blockchain Firm Digital Asset Files Patent for an ‘Electronic Settlement Platform’
A patent for an electronic settlement platform for tracking and settling digital assets, obligations, and transactions has been filed with the United States Patent Office. Filed in April 2016 by Digital Asset Holdings (DAH), the digital asset settlement method which includes receiving an authorization for a conditional transaction involving a digital right from a first user […]
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Japan Relents, Will Kill Sales Tax on Bitcoin Buying
In what will come as welcome relief to bitcoin adopters in the country, Japan is set to end its 8% ‘consumption tax rate’ imposed on buyers of bitcoin through digital currency exchanges. Japan is now looking to end the sales-tax collection on transactions related to purchases of virtual currencies like bitcoin, come spring. A report […]
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Tuesday, October 11, 2016
ICO Token Sale Bonanza Raises Legal, Moral and Practical Questions
Millions have been raised in minutes over the past few weeks as new business models form on top of Ethereum. However, even while the network was under DoS and Vitalik called for a temporary pause, some rushed through their token sale. What are, therefore, the legal, practical and moral implications of this rising trend? It […]
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BitTorrent Project WebTorrent Taps Bitcoin And Blockchain
Bitcoin and blockchain technology may be among the more obvious tools of evolving Internet decentralization, but BitTorrent, peer-to-peer file sharing, also portends major changes for commerce and industry. Because bitcoin and blockchain technology use peer-to-peer protocols, they are often deployed in BitTorrent projects. Direct File Sharing WebTorrent, a streaming BitTorrent client for the browser, powered […]
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Bitcoin Exhibit Hosted at the Smithsonian Museum
Bitcoin has been included in its own section within the Value of Money exhibit showcase by the Numismatic Association at the Smithsonian Museum, for the National Numismatic Collection. There’s a general description of cryptocurrencies, along with a picture of the exchange rate of bitcoin to/from USD for the year 2014, considered by mainstream media to […]
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Bitcoin Price Rally Looks to Have Legs
Today, we will take yet one more look at the long term, 8-day candle chart of BTC, per Kraken. We looked at a bull setup from the Jan 2015 over the weekend and saw indications that BTC will likely be in a bull market through the end of the year. Then yesterday we looked at […]
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Spanish Electricity Giant Endesa is Harnessing Blockchain Tech
Major Spanish energy company Endesa has revealed plans to open a blockchain laboratory in an effort to encourage development of blockchain-based solutions for the energy industry. Endesa, the largest power utility in Spain, has joined the growing number of companies across various industries looking to leverage blockchain technology for industry-specific applications. The electricity provider, through […]
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Nasdaq to Share Its Blockchain Tech with the Hong Kong Stock Exchange
The president and chief operating officer of Nasdaq, Adena Friedman, has said that it is hoping to share information with the Hong Kong Stock Exchange on its blockchain technology, according to a report from the South China Morning Post. According to Friedman, it has become a priority for the New York-based Nasdaq to work with […]
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THMiners Announces the Launch of Two New Cryptocurrency Miners
Bitcoin Press Release: THMiners, the high-tech and profitable cryptocurrency mining solutions provider has announced the launch of its two latest cryptocurrency miners. October 10, 2016, California, USA – THMiners Inc., has officially launched two new, highly powerful miners for Bitcoin and Litecoin — two of the leading cryptocurrencies in the world. Developed by THMiners, the […]
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Barclays Bank Leads UK Financial Firms in Complaints
Barclays Bank received the most complaints in the first half of 2016 of all financial services firm, according to latest figures from the UK financial regulator. The Financial Conduct Authority said that between January and June Barclays complaints increased 3% from the second half of 2015, reaching 287,463. HSBC was the only other big five […]
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Monday, October 10, 2016
This Anonymous Cryptocurrency Has Privacy Advocates Talking
Monero is an anonymous crypto-currency known for being preferred by dark net’s largest marketplaces, where drugs and illicit goods are sold. Darknet marketplaces were made popular by Ross Ulbricht’s Silk Road, which landed him a lifetime in prison.
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Bitcoin TRADING SYSTEM | ERA SUPER INVESTMENT
Bitcoin Press Release: Bitcoin TRADING SYSTEM | ERA SUPER INVESTMENT (This is an incredible story of a system that WAS BORN through DECEPTIONS …) http://ift.tt/2cHHmvX It all started five years ago, I had my first contact with Bitcoin in November 2010. When I started the Bitcoin activities in Brazil, it was completely unknown to the […]
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Bitcoin Scaling Conference In Milan Highlights Collaborative Initiatives
There is no shortage of ideas about how to meet the bitcoin scaling challenge. More importantly, however, is the willingness of the community to share its ideas and work on ways to bring them to fruition. This much was obvious from this weekend’s Scaling Bitcoin “Retarget” conference held at the Politecnico di Milano Piazza Leonardo […]
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Hillary Clinton: Wall Street Insiders Can Reform Themselves
Presidential Candidate Hillary Clinton believes Wall Street insiders can lead financial reform of themselves. The revelations, however, did not grab the attention of mainstream media unlike chauvinistic comments made by her opponent, Republican Presidential Candidate Donald Trump. “Remember what Teddy Roosevelt did,” Clinton said. “Yes, he took on what he saw as the excesses in […]
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Bitcoin Price Update
Following up on the weekend look at Bitcoin’s long term price chart, we will look again today at the long term (8 day candle) chart of BTC, per Kraken. Over the weekend we looked at a Bull Setup. As we saw, that setup suggests a bull move that will likely last several more months. But […]
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Bitcoin Could Get a Festive Push in India
Diwali, the Hindu festival of lights, is soon upon us, but could this celebration filled with fireworks, decorations, and lights help boost bitcoin adoption in the country? On October 20, Diwali will, for five days, light up the skies as Indian people around the world celebrate the festival by lighting candles and fireworks to seek […]
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Ripple Chart Shows an All-Time High Market Cap
Ripple has reached an all-time high in market capitalization, according to CoinMarketCap. Ripple’s CoinMarketCap chart threw up unexpected numbers this morning. Whether an error or a rabid surge, Ripple registered an explosion in market capital early Monday morning (GMT), scaling from $270 million to $1.2 billion. Trading volumes have more than doubled to over $8.7 […]
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Keene Residents Listen to a Bitcoin Radio Ad Campaign
Keene, New Hampshire launched a local bitcoin radio ad campaign today in a bid to empower local bitcoin owners so that they can keep more from each sale instead of paying a percentage fee to credit card companies. When it comes to the adoption of bitcoin, Keene is considered a forward-thinking community that is embracing […]
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vDice Crowdsale Press Release
Press Release: vDice is Ethereum’s leading blockchain gambling game. It went live in June this year. In only 3 short months it has already processed near 10,000 bets. After sponsoring Ethereum’s Devcon2 in Shanghai, interest was high. This week they announced their Crowdsale. vDice will be issuing their own token on Ethereum. It will be directly […]
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Indian Bitcoin Wallet Zebpay Looks to Raise $5 Million in Funding
According to reports, Indian bitcoin wallet provider Zebpay is in talks to secure $4-$5 million in a Series-A round of funding. By November, bitcoin wallet startup Zebpay is expecting to close Series-A funding of $4-$5 million, according to co-founder Saurabh Agarwal. A report from Indian business daily The Economic Times revealed that the company is […]
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Sunday, October 9, 2016
Federal Reserve Governor: Blockchains “Genuinely Innovative” and Transformative
Lael Brainard, Federal Reserve Governor, made the case this Friday for blockchain technology in a speech delivered at the Institute of International Finance Annual Meeting announcing a “working group that is engaged in a 360-degree analysis of financial innovation across the broad range of our responsibilities” as well as a paper to be published later […]
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What Could Legislation Do for Bitcoin in the US?
A section of US Democrat and Republican congressmen now agree to something about cryptocurrencies: the need for them, as lawmakers, to know more about what it is. According to U.S. Rep. Mick Mulvaney, most of the lawmakers do not know the difference between bitcoin and the blockchain technology hence the formation of the bipartisan Blockchain […]
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Has the Oasis run dry? Anatomy of a Dark Net Market Exit Scam
For anyone familiar with the dark net markets on the Deep Web, exit scams – the sudden disappearance of a market’s website and forum without any legitimate explanation, along with the bitcoin or any other cryptocurrency held in escrow, such as a hacking, DDoS attack, or seizure by law enforcement – are a risk one […]
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Saturday, October 8, 2016
How Blockchain Technology Can Benefit Healthcare
A blockchain-based information exchange could remove friction and costs presented by intermediaries in existing health information exchanges, according to a Deloitte white paper on blockchain’s potential benefits for health care titled, “Blockchain: Opportunities for Health Care.”
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Bitcoin Price Weekly Update
Long-time readers of CCN may remember me. I was a technical analyst in 2014 reporting on Bitcoin price from a traders’ perspective. I believe many readers will find my analysis a bit different from those of other technical analysts. While I am familiar with the indicators used by many traders, I rely on geometry first […]
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Police Arrest Backpage CEO For Facilitating Sex Trafficking
Carl Ferrer, chief executive officerof Backpage, a classified advertising website that accepts bitcoin and has been linked to facilitating sex trafficking, has been arrested on pimping charges, according to Reuters. Texas and California attorneys general said Ferrer was taken into custody in Houston, Texas on a California warrant. Backpage is the second largest classified advertising […]
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Friday, October 7, 2016
Cook County to Use the Bitcoin Blockchain for Property Conveyance
Properties in Cook County, Illinois, will be the first to be conveyed in a blockchain by a government agency, according to cre.tech, a news source for commercial real estate technology. Velox, a blockchain technology provider, will provide the technology that will furnish better information on vacant Chicago buildings to prevent fraudulent conveyance. A pilot program will […]
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Blockchain And Identity Verification: Anonymity Versus Trusted Participant
Blockchain technology has won accolades for improving efficiency and transparency in business operations. It has also been seen as improving security. But blockchain security is a complex issue that pits anonymity against trust, according to IBM’s Security Intelligence, a thought leadership and technical expertise hub for executives who manage enterprise risk and security. Permissionless blockchains such […]
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The Government of Poland Discussed Bitcoin this Week, Encouragingly
Earlier this week, the Polish government opened up the floor to bitcoin and blockchain issues, with an open meeting organized by a member of parliament that saw participation from the Polish Bitcoin Society. In a first of its kind meeting this Monday, October 3rd, an open televised session organized by economist and member of parliament […]
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New Blockchain Social Media Platform Speaks with a Russian ‘Voice’
Voice will be the first Russian-language social media platform built on top of a blockchain. With cyber.Fund using Steemit as a template, Voice is intended to cater to the uniqueness of the Russian people, as contributions to the Steemit website are primarily in English, although there are posts in a few other languages. In an […]
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John McAfee-led Bitcoin Mining Operation Aims to Scale 5 PetaHash in 2016
MGT Capital Investments, the John McAfee-led investment firm that owns operates a bitcoin mining facility in Washington has begun “Phase Two” of its mining operations, which sees a goal to expand its processing power to more than five PetaHash this year. New York-based MGT Capital has begun what it calls as “Phase Two” of […]
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Zcash (ZEC) Mining Launching Later This Month and Already Generating a Lot of Attention
Zcash (ZEC) is a new decentralized and open-source crypto currency that is being advertised as an anonymous solution that offers privacy and selective transparency of transactions. Zcash payments are still going to be published on a public blockchain like other crypto coins, but the sender, recipient, and amount of a transaction will remain private. Zcash relies on zero-knowledge proofs in order to guarantee the validity of transactions on the network, but without actually having to reveal any additional information about them. This makes it possible to conceal values and other identifying information from the public blockchain and users simply prove that the values balance out and that they are not double-spending the amount they want to send.
Zcash is currently in beta and running on a testnet only, the official launch and genesis block on the mainnet is scheduled for October 28th or in about 21 days from now. This is when the first Zcash monetary units will come into existence, based on securely generated zkSNARK parameters, and when the mining of Zcash will actually launch. Currently Zcash is running a contest for an open-source Zcash miner until October 27th (the day before the official launch) a prize fund of $30,000 for the winner(s) of the challenge. Do note that the winning CPU miner entry will receive a $10,000 prize, the winning GPU miner entry will receive a $10,000 prize and the other $10,000 of prizes will be distributed to the Runners Up.
Zcash is using the so called Equihash algorithm for the production of new coins. Initially the Zcash interface will be a command-line tool on Linux, and will not include a graphical user interface, nor run on Windows or Mac OS at launch time. Zcash’s monetary base will be the same as Bitcoin’s – 21 million Zcash currency units (ZEC) will be mined over time. 10% of that reward will be distributed to the stakeholders in the Zcash Company — founders, investors, employees, and advisors, this is the so called “Founders Reward”. At first, 50 ZEC will be created every ten minutes and 80% of the newly created ZEC will go to the miners, and 20% ZEC to the founders. Every four years, the rate of ZEC being created will halve. After the first four years the ZEC created per ten minutes will drop to 25 ZEC, but after the first four years, 100% of it goes to the miners. The end result is that there will ultimately be 21 million Zcash, and 10% of it, or 2.1 million ZEC, will have been initially distributed to the founders. With this approach, the founders are incentivized to support Zcash for the long haul (at least for four years), and they have limited ability to pump-and-dump.
Since initial public mining for Zcash (ZEC) will most likely be limited to CPU mining on Lunux only, there is already an interesting alternative available from Genesis Mining as they have started taking pre-orders for cloud mining of Zcash. The company is offering three different basic cloud mining plans that are with a 1 year term and no additional maintenance fees applied, so the price you pay for the hashrate is the final one. Currently you can get 0.1 H/s for $29 USD, 1 H/s for $280 USD and 10 H/s for $2600 USD. Do note that these are pre-order prices and there is no guarantee what will happen with Zcash once it launches even with the already big interest in it from users. You can also use our special discount code during checkout to get 3% off the regular prices for Zcash mining hashrate, just enter CryptoMiningBlog5 as promo code during checkout to take advantage of the lower price.
– For more information about the Zcash cloud mining pre-order from Genesis Mining…
Ethereum-based ICONOMI Raises over $10.5 Million in ICO
Ethereum-based investment fund platform, ICONOMI, has set a record by raising the 11th largest crowdsale in history through its Initial Coin Offering (ICO), which was completed last month. In September, the Slovenian-based company announced that it had raised more than $8.9 million in operational capital and equity through an ICO, raising $3 million in the […]
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Thursday, October 6, 2016
Russian Central Bank Tests Transactions on Ethereum Blockchain Prototype ‘Masterchain’
The Bank of Russia has developed and tested on an Ethereum-based blockchain prototype called ‘Masterchain’ for financial messaging, to be used by banks in Russia. The Bank of Russia, the country’s central bank, has developed a technical prototype called ‘Masterchain’. The prototype is based on distributed ledger or blockchain technology for the Russian financial market, […]
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Ether Camp Announces Hacker Gold Tokens
Ether Camp, organizers of the biggest hackathon in the blockchain space, with now 1,086 hackers taking part, is to launch a new token – Hacker Gold – through which start-up tokens can be acquired. Roman Mandeleil, founder of Ether Camp, which is to hold its second hackathon in November, told CCN: [W]hat is unique is that […]
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Ross Ulbricht’s Lawyers Claim Unfair Trial, Hope for an Appeal
Today marks a significant day for Ross Ulbricht, founder of Silk Road, as he rests his hopes on an appeal that could see him spending any part of his sentence outside prison. Before Silk Road was seized by the FBI in 2013, it was considered as the most sophisticated marketplace on the Internet. Attracting people […]
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The First End-To-End Bitcoin Micropayment Test on Lightning Network is Successful
Readers may remember our coverage of a Roger Ver interview from a few days ago where the veteran Bitcoiner and entrepreneur told Bitcoin Uncensored that Lightning Network was still untested and could take a long time to get off the ground. At the time, he was right. But this morning CCN can report that a […]
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Bitcoin Escapes ‘Stifling’ Consumer Protection Authority’s Prepaid Regulation
The CFPB, the government agency overseeing consumer protection in the financial sector has not included bitcoin and other virtual currencies and related products from its new prepaid regulatory requirements. Virtual currencies like bitcoin and related products are outside the scope of a newly amended prepaid regulation [PDF] by the Bureau of Consumer Financial Protection (CFPB), a […]
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Alleged Bitcoin Thief in Dark Web Phishing Scheme Arrested
A man accused of stealing bitcoin from darknet marketplace accounts after tricking users to reveal their credentials via a phishing scheme has been arrested and sees multiple marches.
The post Alleged Bitcoin Thief in Dark Web Phishing Scheme Arrested appeared first on CCN: Financial Bitcoin & Cryptocurrency News.
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