With just a roll of the dice, you could find yourself massively more wealthy than you were just a few seconds ago. And with Bitcoin craps, you can do this from the comfort of your own home! Craps, now in the far more modern and updated form that you’ll see if you play craps using Bitcoin, is arguably the world’s oldest gambling game, as primitive dice have been used…
More than two years ago, we launched Copay – our open source bitcoin wallet platform. Copay allows us to innovate on the bitcoin payment experience and to build better payment tools for our bitcoin-accepting companies like Steam, Shopify, and Microsoft. If there s anything we ve learned, it s that a truly secure, user-friendly payment experience is key to bitcoin…
Bitcoin mining is a process which has the following actions Transactions are verified Transactions are added to the public ledger (known as the block chain) New bitcoins are released Besides internet and suitable hardware you must for it to work. This is a pooled mining service that allows multiple users to work together to mine Bitcoins and is hosted on online servers…
In mid December 2014 we launched a new loan type. We call it an exchange rate pegged loan. With this loan, the monthly repayments have the US dollar as the underlying base currency . This way borrowers and lenders can mitigate the exchange rate risk that is inherent to bitcoin loans. All payments however are still conducted in bitcoin only. In this blog post we describe…
Bitcoin trading volumes have shrunk since China s regulators clamped down on the market. Now digital currency traders are looking to more volatile alternatives to make returns. Last week, Chinese authorities took steps to regulate the bitcoin market. Chinese bitcoin exchanges are now charging trading fees and improving their anti-money laundering systems and customer…
Take a look at the following calculations: There’s an of more or less 3, 600 BTC gained from mining each day. The hashrate is currently about 480, , GH/s. Thus, the expected Bitcoins/month with 1 GHS can be calculated this way: 1 GHS/overall network hashrate * Bitcoins generated per day * 31 day 1GHS / 480*10^6 GHS * 3600 BTC per day * 31day = Meanwhile, 1 GHS maintenance…
Rob Wile/Business Insider Mining a Bitcoin, which involves directing large amounts of computing power at solving complex equations, doesn t come cheap. We recently told you about the gonzo sales Stockholm-based KnCMiner saw on Black Friday for its Neptune device, set to be the most powerful Bitcoin mining device in the world when it s released. It won t be available…
Part of the reason for the recent spike is the mass entrance of Asian speculators, particularly out of China. With gold pressured by the Fed s impending taper and China s stock market not going anywhere, many in China are looking for action. South China Morning Post: - Mainland Chinese are among the biggest bitcoin believers. The currency lets them avoid capital controls…
21 Inc released new details today confirming that its market strategy will focus on distributing bitcoin mining chips embedded in consumer and enterprise hardware devices. The formal announcement comes soon after a CoinDesk report that first revealed the startup s ambitions to use such products to promote the use of bitcoin for micropayments and as a means of mass…
The European Commission stated in a report published in 2013, that their cyber security polls have concluded that in response to the current online security problems; 38% of European internet users have modified their internet behavior, 18% became less likely to make online purchases and 15% are now more reluctant to use internet banking. The report also revealed…
A few days ago it was revealed that numerous European users of Yahoo, as many as two million, had gotten infected with malware from virus-laden ads served by Yahoo s homepage during the period from December 31 to January 3. The company admitted as much when it revealed that From December 31 to January 3 on our European sites, we served some advertisements that did…
There’s another way to mine bitcoins which doesn’t involve any hardware requirements. The process is called Cloud Mining, which is perhaps the simplest way to mine bitcoins. Cloud mining is an online process of producing or mining a particular type of cryptocurrency regardless of any sophisticated hardware requirements. All those who mine through a cloud have a direct…
