Ubuntu is often recommended as an alternative to Windows for running Bitcoin Core. Recent reports of a false postive virus signature in the block chain and an inappropriate response by Microsoft antivirus software reinforce this point. This guide shows how to install and run Bitcoin Core on a clean Ubuntu 14.04 system. Prerequisites Ubuntu does not yet come pre-packaged…
IPayYou, a Seattle-based Bitcoin wallet, just revealed ‘Amazon Direct’, a new way for consumers to spend bitcoin on the online retail giant’s site. The feature has been under development for months by iPayYou, whose CEO is Gene Kavner, a former worldwide director at Amazon. The developers explains that Amazon Direct allows users to seamlessly transfer any dollar amount…
It s not about how many miners you have anymore. It s not about your hashrate anymore. Mining, due to the price of Bitcoin at this moment, is about judging whether you re served better by buying miners and mining or buying Bitcoin outright. Buying Bitcoin miners is expensive. The initial capital investment is hard to overcome with the ever increasing difficulty rate…
Do not give them a dime of your money. You will be sorry if you do. Their miners are ridiculously late and are junk. They promised to match competitor pricing at ship time to protect the customer, now they will not honor that promise. They promised refunds and now will not honor that promise. Their registered director, Alex Sovu, is reported to have been charged with…
Should I start mining bitcoin? During the recent price bump I’ve gotten this question a lot. The short answer is… no probably not. I started mining bitcoin in the 2011. In those days, I was able to very quickly reach a return on my investment of a few graphics cards. However, at one point I even stopped mining for a while. My two computers were only generating 1 BTC…
Bitcoin Core doesn t directly allow for stratum miners to connect, you need a middleman proxy to translate the two mining methods used by Bitcoin Core and cgminer on the Antminer S3. This is simplest with bfgminer. Run BFGminer on the same computer as Bitcoin Core with the following configuation, it won t need any further settings altered or configured (it gets the…
One of the most appealing aspects of Bitcoin is the ability to create it out of thin air via a process known as “mining”. While that’s a bit of an oversimplification (earning Bitcoin is more about contributing hardware than alchemy), mining remains an incentive for getting on board with Satoshi Nakamoto’s “magic internet money” – but is mining still a feasible activity…
Total number of Lamassu ATMs installed: 201 About: Lamassu is one of the most popular Bitcoin machines today. The company was established by Zach Harvey, Josh Harvey and Matt Whitlock in the middle of 2013 and was targeting the new growing Bitcoin market with compact Bitcoin purchase devices. Later Matt Whitlock left the company. The pre-orders for Lamassu Bitcoin…
There have been many discussions about the various issues surrounding Bitcoin gambling, especially when it comes to the legal matters. Bitcoin, being a digital currency, introduces a new form of payment system that is now being enjoyed by numerous casino enthusiasts worldwide. However, some cannot help pondering on the legality of this type of gambling, given that…
Are you looking for a trustworthy online casino to play blackjack with Bitcoin cryptocurrency? Below is our top 7 list of the best bitcoin casinos that offer BTC blackjack games. Most of them are provably fair. Mbit casino and Bit casino provide the largest variety of blackjack games among those having live-dealer, though Fortune Jack features a blackjack with multiplayer…
There is a new miner for Nvidia CUDA GPUs available for mining Zcash (ZEC) promising a slightly faster hashrate than the currently fastest implementation of the NiceHash EQM Zcash NVIDIA miner. The most important thing about this new miner is that it is not limited to only mining on NiceHash, so even with the same speed it is still a nice thing to have as it supports…
Unless you’ve been living under a rock for the past 5 years, you’ve likely at least heard the word “Bitcoin” before. While you’ve almost certainly heard about it, there is a fair chance you don’t fully understand what it is, how it works, and why people are so excited about it. While explaining all the complexities of bitcoin would take many posts, the key thing to…
