Withdraw Bitcoin to PayPal
Bitcoin Exchanges / August 22, 2019

Withdraw Bitcoin to PayPal

Unfortunately PayPal has decided to restrict & close our PayPal account, because we are a Bitcoin company, so the only option we have, is to stop supporting PayPal exchanges. Hopefully there is light ahead. We a currently working night & day to introduce a better alternative: Credit card exchanges! With that you will be able to exchange crypto coins…

Bitcoin mining Australian
Bitcoin Mining / August 20, 2019

Bitcoin mining Australian

Australian bitcoin miner Bitcoin Group is returning $5.9m it raised from investors after the Australian Securities Exchange (ASX) said the firm needed to raise more capital and resubmit its application. The firm said in a 9th March statement to investors that it would return the funds after Australian securities officials deemed the firm ineligible to list due to…

Bitcoin mining calculator formula
Bitcoin Mining / August 18, 2019

Bitcoin mining calculator formula

It should pay 100USD for every 713 shares (diff as I type). That refers to shares of a certain difficulty: diff 1 Litecoin shares or diff 65, 536 shares according to some mining clients (notably CGMiner). Each found share has its difficulty. If the share s difficulty is equal to or higher than the worker s difficulty, it gets submitted by the worker and accepted by…

Bitcoin mining stats
Bitcoin Mining / August 16, 2019

Bitcoin mining stats

UPDATE (16th July 22:55 BST): Updated with comment from bitcoin core developer Peter Todd and Peernova president Emmanuel Abiodun. The draft summary of the summit can be found below. A summit meant to address the threat of 51% attacks against the bitcoin network has resulted in a renewed industry commitment to protecting the digital currency s transaction processing…

Top Bitcoin mining hardware
Bitcoin Mining / August 14, 2019

Top Bitcoin mining hardware

Although mining Bitcoin with regular computer hardware is no longer profitable, that isn’t keeping criminals from giving it a try. Over the past few years, there have been several types of Bitcoin mining malware, infecting computers all over the world. Three different types stand out so far, although it is expected more strains of this malware will pop up in 2017…

Bitcoin GPU Miner
Bitcoin Mining / August 12, 2019

Bitcoin GPU Miner

Security researchers have spotted a new strain of malware that targets Bitcoin, the peer-to-peer virtual currency that exploded onto the tech scene earlier this year. In a report issued last week, Symantec researchers described a Trojan that uses the user s computer to mine Bitcoins on behalf of the intruder. They estimate that, at current exchange rates, a fast computer…

Beginners Guide to Bitcoin mining
Bitcoin Mining / August 10, 2019

Beginners Guide to Bitcoin mining

The official logo of Bitcoin, a digital cryptocurrency. But while it s generated a furore in the community of underground hackers and crypto-anarchists, most people are bemused by all the fuss. What is this bitcoin business, and why is it so important? Let s start at the beginning: What exactly is bitcoin? Australian Craig Steven Wright claims to have created Bitcoin…

Current Bitcoin mining rate
Bitcoin Mining / August 8, 2019

Current Bitcoin mining rate

If we do some quick math, we can determine the following: If SHA-1 collisions can be found in 2^65.3 hashes, that s one SHA-1 collision found every 45 seconds . Every combination of bits can be flipped in an 84-bit keyspace every year . If mining is done strictly with ASICs and each ASIC can produce 1 trillion hashes per second, that s 1, , ASICs . If each ASIC above…

Where can you spend bitcoins?
Bitcoin Exchanges / August 6, 2019

Where can you spend bitcoins?

If you’re a follower of technology or business websites, you’ve probably heard of Bitcoin. Bitcoin is a digital peer-to-peer currency famed for its anonymity, independence from centralized authority and its high value. At the time of writing, one Bitcoin, or BTC, is valued at . While Bitcoin may carry the impression of not-so-legal use such as its relation to the…

Bitcoin mining Community
Bitcoin Mining / August 4, 2019

Bitcoin mining Community

Over 100 miners responded to the question, and there are pros and cons on both size for maintaining the status quo or getting ahead of the curve. Here is what each side of the argument generally looks like, and a pie chart with the results of the poll below. Against an increase of the block size: Bigger blocks will destroy the market for transaction fees: If block…

Make money with Bitcoin mining
Bitcoin Mining / August 2, 2019

Make money with Bitcoin mining

NEW YORK (InsideBitcoins) — Want to make money mining for bitcoin? If you think the cost of heavy-duty hardware stands in the way, consider a new cloud mining system being offered by GAW Miners, priced at an economical – and practically unbelievable — $15.99. But can you really make money with this thing? With the company’s Hashlet, a user buys a certain amount of…

Blue Fury Bitcoin miners
Bitcoin Mining / July 31, 2019

Blue Fury Bitcoin miners

BITCOIN MINING USB Asic Miner Red Fury 2.2~2.7 GH/s Razorfish Razorfish Solutions manufacturers USB Asic Miner Red Fury bitcoin miner Red fury USB description: USB Asic Miner Red Fury bitcoin miner 2.2~2.7 GH/s NEXT GEN. MINER - USB BPMC ASIC MINER (RED PCB, AMBER LED) code name: RED FURY - Rated hashrate 2.2 - 2.7 GH/s (rates are +/- 10%) - Electricity consumption…

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