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The Oxford Dictionaries Online is adding a slew of words, from bitcoin to twerk. Before you completely lose it, the Oxford Dictionaries Online is separate from the Oxford English Dictionary, though both are published by the Oxford University Press. The ODO changes much more frequently, and has added text-speak acronyms like OMG and LOL in recent years. The OED adds…
This article is a continuation of my last one and focuses on the topic of Bitcoins. Instead of how to mine bitcoins on your computer I am going to discuss how you can use other people s computers to do all the hard work using Javascript and PHP. Mining for Bitcoins with Javascript A recent development in the bitcoin community is Javascript Bitcoin miners. These miners…
No, Setting up mining servers in india is simply not feasible. Mining requires many hardware tools which are very expensive. Along with the hardware you also require cheap 24x7 electricity, high speed Internet and other factors which are not possible in india. Without mining if you buy one bitcoin at a price of $1 the price of bitcoin will fluctuate and it can go…
The price of a single bitcoin, now sitting at $899, is derived from many mysterious sources: supply and demand, potential future business value, animal spirits. One factor is less widely understood: The price of bitcoin depends on the price of electricity. Bitcoin are produced by “mining, ” having computers solve code-breaking problems that, when completed, yield…
The operators of the Kraken alt-coin exchange will distribute $91m in Bitcoins to people left out of pocket by the 2014 MtGox collapse. Kraken, appointed to oversee what remains of the MtGox estate, says it has reviewed thousands of claims by MtGox s customers, who want their BTC back. Kraken will now hand out millions of dollars in the virtual currency to some of…
No pick axe needed! In traditional fiat money systems, governments simply print more money when they need to. But in bitcoin, money isn’t printed at all – it is discovered. Computers around the world “mine” for coins by competing with each other. How does it happen? People are sending bitcoins to each other over the bitcoin network all the time, but unless someone…
A curious and probably accidental artefact has popped up in the Bitcoin blockchain, with a user reporting that it s identified as containing a virus by Microsoft s Security Essentials. The reason El Reg is inclined to think it s accidental: in this discussion on a Microsoft discussion board, user edc678 says MSE is identifying the signature of the STONED virus in…
Best wishes to all our clients and the crypto community for happy holidays and a great new year! Here’s a look back at some of the major Kraken milestones of 2016. It was a year of major growth for Kraken with four landmark acquisition deals and many new exciting digital assets added to the platform. We are already busy planning to make 2017 even better! Kraken acquires…
It’s necessary to create an account using your email address. Then you should check your email and log on by using the received data. As soon as you enter the site you can buy a new KIT using bitcoin and then purchase a contract, and your mining starts. Its that easy. How can I get the profit? As long as you have the amount no less than 0.1 BTC you will get the payment…
This is the second in our series of visual posts on how to read the Exchange Dashboard: Order Book and Depth Chart (this article) Part 1 looked at the Trade History and Price Chart, which provide information on trades that have already taken place. This article will focus on the Order Book and Depth Chart, which provide information about orders that have not yet been…
A day to block reward halving, Hashflare has become one of the first Bitcoin mining companies to inform their miners that the proposed reduction in the mining reward will affect their payout, though it didn’t say by how much. In a message to its miners via email, Hashflare says: “We would like to remind you that this weekend Bitcoin mining reward will be reduced by…
