Bitcoin mining OSX
Bitcoin Mining / May 25, 2017

Bitcoin mining OSX

Scrypt ASICs continue to make waves in the digital currency mining scene. Both 1-chip and 5-chip ASIC designs from GridSeed are “old news” and the G-Blade and ZeusMiner series are in the hands of anxious miners. In my on Litecoin mining with ASICs I discussed the 5-chip GridSeed Orb. In this article we’ll be taking a look at the Orb’s big brother: the GridSeed G-Blade…

Blockchain Bitcoin Wallet
Blockchain In Bitcoin / May 23, 2017

Blockchain Bitcoin Wallet

Bitcoin wallet startup Blockchain has added former Barclays Bank group chief executive Antony Jenkins to its board of directors. The appointment is notable as Jenkins served as Barclay’s chief executive from 2012 until mid-2015. There, he was promoted to the top spot in the wake of the Libor scandal, a plot involving numerous banks aimed at manipulating interbank…

Using blockchain for data storage

Using blockchain for data storage

In April, we were invited to Microsoft to talk about our decentralized identity work and the underlying technology that we re building. The visit included a talk at Microsoft Research (MSR), which is embedded below. Speaking at MSR was especially interesting, because researchers in distributed systems are not paying enough attention to the blockchain and it d be great…

Blockchain Miners
Blockchain Algorithm / May 19, 2017

Blockchain Miners

AS THE bitcoin price continues to fall, sceptics have started to wonder what will happen to the industry underpinning this digital “crypto-currency”. Around the world, hundreds of thousands of specialised computers have been built to create (or “mine”) bitcoins and, in the process, validate transactions and protect the system. How does bitcoin mining work? The aim…

Bitcoin mining Linux distro
Bitcoin Mining / May 17, 2017

Bitcoin mining Linux distro

Features Boots and mines: IP assignment via DHCP, watchdog cron makes sure that miner works. DAG file management: SSD won t run out of space. Remote pool management possible: just reboot to get new config. Hostname defined by your mac address: ideal for multiple rigs. Limitations of Scope The below are common requests from small-scale miners. ethOS is meant for large-scale…

Best blockchain wallet
Blockchain Algorithm / May 15, 2017

Best blockchain wallet

Creating your first bitcoin wallet should be an exciting experience. Even if you’re not a new user, there’s plenty of fresh bitcoin knowledge to go around. Whether you’re about to create your first Blockchain Wallet, or you’ve been a long-term user, we want to ensure your experience with our wallet is an enjoyable one. In this post we’re sharing with you some basic…

Bitcoin blockchain Data
Blockchain In Bitcoin / May 13, 2017

Bitcoin blockchain Data

We’ve been grinding in NYC for the last 4 months working on the latest iteration of our product. This morning, we’re proud to announce the launch of the new website and iOS & Android apps to the public. We’re more bullish than ever on the bitcoin & blockchain space & wanted to expand on not only the information and investment tools we offer…

Blockchain definition
Blockchain Algorithm / May 11, 2017

Blockchain definition

Blockchain is a type of distributed ledger that stores a permanent and tamper-proof record of transaction data. Distributed ledgers can be thought of as a type of database, but unlike traditional databases, distributed ledgers are managed through a peer-to-peer (P2P) architecture and do not have a centralized data store. Blockchains are most commonly associated with…

Using blockchain for insurance

Using blockchain for insurance

Customer Identity: A consortium of insurers, KYC databases and notary networks can verify the identity of its customers and store it in a shared ledger. Any new customer coming to the network will submit his identity proof and the notary will be able to validate the data by comparing it with the government databases which will be executed outside the network. The…

ZeroHedge, Bitcoin
Bitcoin Exchanges / November 15, 2014

ZeroHedge, Bitcoin

So let s imagine a scenario in which tens of trillions of at-risk wealth suddenly seek an alternative-any alternative to staying in an asset class that s circling the drain. As my colleague Davefairtex observed recently, the paint isn t quite dry on bitcoin and the expanding host of other cryptocurrencies. Initial enthusiasm for the latest cryptocurrency that s going…

Blockchain offline
Blockchain Algorithm / May 30, 2016

Blockchain offline

Simple version Your offline Bitcoin client needs more information to identify which coins it is spending, so there needs to be some communication from the online computer to the offline computer. Typically, this is done by preparing most of the transaction on the online computer, then transferring it flash drive to the offline computer to be signed. Technical version…

Australian Bitcoin ATMs
Blockchain In Bitcoin / May 30, 2015

Australian Bitcoin ATMs

Australia’s first Bitcoin ATM could be just days away. THE race to launch Australia s first Bitcoin ATM is entering its final stages. The machines have been shipped and two firms — Australian Bitcoin ATMs and Krypto Currency Solutions — have confirmed to AAP they will each install one in Sydney s CBD within weeks, possibly days. A representative for Australian Bitcoin…