Mining software companies try to reduce costs of Bitcoin mining meeting the challenge brought about by the cutting in half of the block rewards. Energy supply has been a topical issue of late for mining operations particularly around the halving period as it is a great determinant to ensure a lower operational cost and to maximize profit. A report says some of the…
Create a Debian 8 backports template using the Qubes VM Manager or running qvm-clone debian-8 debian-8-backports in dom0. Add backports to the sources for the new template by opening a terminal in the new template, run sudo vi /etc/apt/sources.list and add deb jessie-backports main. (If you are new to vi text editing, type i to be able to edit, and when done editing…
Bitcoin can it become a real-world currency? Photograph: Matt Cardy/Getty Bitcoin is one of the first attempts to create a real-world currency with no governments, no central banks, and no rules It started, and ended, with a click. With one touch of a mouse, a hacker managed to transfer 25, credits of online currency – then worth almost $500, dollars – to his own…
Bitcoin Mining profitability is something that is always in flux. Bitcoin having such a high difficulty and large total hashrate at times profitability comes down to several things. The first set of data you use for discovering if mining can be profitable for you or not is the following but not limited to: Cost of Bitcoin ASIC Miner or Miners Cost of electricity to…
Trump s victory in the presidential election, combined with a Republican Congress, is making for quick changes to the investment landscape. The dollar has rallied and will likely continue with volatility. The peso has already dropped quickly with Trump s win. At the same time, many countries, including China, are trying to devalue their currencies to keep their exports…
It s a common misunderstanding that score based reward systems like Slush s underpay infrequent miners. While it s true that shares in a given round devalue if you mine towards the beginning of a round and then leave long before it finishes, you have to also take into account the fact that the length of a round is random. So you have equal chances of arriving late…
Bitcoin is secure money for the internet. You can pay without handing out sensitive financial information, and you don t need an account. Get a wallet First you ll need a bitcoin wallet – an app that lets you receive, hold, and spend bitcoin. To learn more, check out our Bitcoin Wallet Comparison, where we keep an updated list of options. Buy some bitcoin Once you…
The Silk Road bust Bitcoin enthusiasts appear to have located the wallet number of the federally controlled account that now contains over $3.5 million worth of the digital currency. That money is believed to have come from the seized accounts of the Silk Road website. All Bitcoin transactions are public, but unless an account holder comes forward to say that they…
RushWallet is an instant cross-platform bitcoin wallet. By not requiring annoying logins and passwords, RushWallet makes bitcoin simple to setup and easy to use. Only you have control of your wallet and bitcoins RushWallet neither holds nor has access to your bitcoins or private keys. All information is stored on the client-side, so only you have control of your wallet…
Asia’s richest man Li Ka-shing has boosted his investment in bitcoin, in a vote of confidence for the beleaguered digital currency, amid a crackdown on its widespread popularity in China. Despite the price of a bitcoin tumbling from political pressure, the billionaire tycoon has poured an undisclosed amount of money, believed to be worth millions of dollars, into…
While the debate continues within the Bitcoin community, several altcoins have experienced a significant surge in overall value. Cryptocurrencies such as Dash and Ethereum have conquered new levels in price and market capitalization at a time that coincides with the struggles of Bitcoin as the cryptocurrency seems to be undergoing a significant adjustment in fixing…
On Jan. 29, the governor of the Central Bank of Iran Valiollah Seif officially announced during a national television interview that the US dollar will no longer be used within the country as a response to US President Donald Trump’s controversial temporary travel ban on certain countries including Iran. According to the official statement of the Iranian central bank…
