There are several web and VPS hosting providers who accept the popular cryptocurrency Bitcoin as a payment method. However, you can t trust all of these providers and there are several things you need to consider before buying a web hosting plan with bitcoins. What Are Bitcoins? Bitcoins (BTC) are the most popular type of decentralized digital currencies or…
Not all cryptocurrencies are created equal. Some feature amazing underlying blockchain technology behind its creation. Some were created ‘just because’, or as a joke. Some were part of an elaborate pyramid scheme. Some are pretty useless to keep as they are perceived as worthless – any cryptocurrency is only as valuable as the value assigned to it by a mass audience…
Key Points Bitcoin price after trading as high as $758 started correcting lower against the US Dollar. Recently, there was a break below a bullish trend line formed on the 4-hours chart (data feed from SimpleFX) of BTC/USD. The price is also below the 100 simple moving average, calling for further correction waves. Bitcoin price recently corrected once against…
The price of a single Dash token has doubled in the span of a week as traders attempt to front-run a major exchange’s decision to initiate trading in the digital currency. Dash, shorthand for digital cash, saw its price rise as high as $57.75 a coin on Thursday, up from $24.20 a week ago, according to data provided by CryptoCompare. That is more than Litecoin’s…
Bitcoin exchanges allow you to buy or sell bitcoins, the ask price is the lowest price a seller is willing to accept for their bitcoin. The bid price is the highest price a buyer is willing to pay for your bitcoin, you can click the bid price column heading to re-order the bitcoin exchanges by bid price. Spread is the difference between the ask and bid prices…
In the fourth part of a new series on FinanceFeeds, we take a look back at “This day in history” within the… In the fourth part of a new series on FinanceFeeds, we take a look back at “This day in history” within the world of FX. Every Friday morning, we take a look back through the various groundbreaking developments that continue to take place in our fascinating…
Today we’ve decided to finally do a measurement to see how much power does a Bitmain AntMiner S1 Bitcoin ASIC use both at idle (not mining), at stock 180 GHS and at overclocked 200 GHS mode. We’ve been using Bitmain AntMiner S1 miner for a while now and have already shared our best settings for overclocking AntMiner S1 to 200 GHS as well as some very interesting…
Paul Krugman, one of the most well-known economists currently serving the University of New York as a Professor of Economics, was harshly criticized by the Bitcoin community, experts, analysts and journalists this past week due to his inevident and inaccurate remarks on Bitcoin. Krugman, who has consistently dismissed the underlying concept of Bitcoin and condemned…
Charlie Shrem has been released from prison and is quite happy to be out. In a blog post written on his personal website, he thanked the hundreds of people who showed him support while being locked up in Lewisburg Federal Prison Camp in Pennsylvania. Charlie Shrem, co-founder of the now-defunct BitInstant, is out of prison and spending time with family and friends…
Buying Bitcoins can be quite a confusing process if you are new to the digital currency, especially if you are in a hurry and trying to buy bitcoins instantly. This guide was created to give you a very simple process to help purchase your first Bitcoin safely and without too much headache. We’ll teach you where you can buy them safely and securely. Even though…
Spencer Bogart is vice president of equity research for Needham & Co. He joined the firm in 2014 and currently leads the research efforts on blockchain technology and bitcoin while supporting research on cloud software (SaaS) companies. ETF.com recently sat down with Bogart, a former ETF.com analyst, to get his take on all the important developments in…
Manufacturers are planning to ship scrypt-based equipment that will speed up mining and reduce the power overhead for the alternative cryptocurrency algorithm. Could this fuel the next cryptocurrency arms race? Most cryptocurrencies that are mined by computers use a ‘proof of work’ algorithm, designed to make them prove that they have invested the computing power…
Bitcoin Casino sites allow virtually everyone to experience the excitement and fun offered by online casinos. They are still mostly similar to how standard online casinos work. The only difference is in the currency used and the way it is handled. If you are interested in trying bitcoin casinos, a multitude of different bitcoin casinos are already available online…
BitFury has completed manufacturing their new 28nm Bitcoin ASIC miner chip. This a big step from their current 55nm chip. BitFury had a great 2014 bringing in $40 million in venture capital funding. Valery Vavilov, the CEO of BitFury, has also made moves to other parts of the Bitcoin industry partnering with BitGo and looking beyond just processing Bitcoin transactions…
The UK s first Bitcoin cash machine has opened for business in east London, offering customers the ability to exchange bank notes for digital currency in seconds. The machine, which cost $5, from manufacturer, is essentially a Google Nexus 7 tablet running a custom-designed app and additional hardware to scan QR codes. Customers use a mobile wallet app on their…
The Brexit debacle had caused quite a stir for Britain but has also leaked into the minds of people in other countries in the UK as well. Scotland is one of these regions that has people talking about leaving the EU’s monetary system. A recent paper written by Dr. Craig Dalzell discusses the possibility of Scottish independence, and the country’s possible economic…
All you need in order to make the Bitcoin Calculator display a result is to supply the speed of your mining hardware. In this simplest form the calculator will use the current Bitcoin difficulty, block value and USD/BTC rate for the calculations. However, the accuracy of the Bitcoin mining calculator improves the more honest information you supply. Interpreting…
Several investors including Barry Silbert s Bitcoin Opportunity Fund have already made multiple bets on Bitcoin, the decentralized digital currency. The bitcoin market has attracted the attention of notable investors from Andreessen Horowitz to Google Ventures to Union Square Ventures as well as a host of new Bitcoin-specific funds including Liberty City Ventures’…
Under the deal, the IWF, a group that focuses on eliminating child pornography online, has provided a database to Elliptic of bitcoin addresses associated with those dealing with the highly illegal content. In return, Elliptic will integrate the data set into its transaction monitoring and investigation products, then alert financial institutions and law enforcement…
I started co-mining on Slush s pool successfully for about 48 hours, but from there on I haven t been able to connect to it again. It logs in the console this, no matter if I m using a valid worker and password or not: 2013-05-26 12:55:19: Listener for Default started 2013-05-26 12:55:20: Listener for Default : api2.bitcoin.cz:8332, checking for stratum 2013-05-26…
Lookout Software uncovered the bug, dubbed “BadLepricon, ” after which Google removed five applications that were incorporating it. The apps had between 100 to 500 installs each at the time of removal. Although the wallpaper apps did indeed offer live wallpaper featuring everything from anime to hot men, behind the scenes BadLepricon begins checking the battery…
Bitcoincharts provides a simple API to most of its data. You can use this API to include markets data in your websites, mobile apps or desktop applets. Please remember to add a link to Bitcoincharts! Bitcoincharts API is accessable through HTTP Parameters are passed using GET-requests returned data is JSON encoded Don t query more often than once every 15 minutes!…
For the first time in the history of humankind, a currency has reached and surpassed the value of the oldest money on earth, gold. At around 5 PM London time on the fourth of January 2017 one bitcoin stood at $1, 197 (8, 320 CNY) at Huobi and 8, 320 CNY at OKCoin, two of the main and most liquid bitcoin exchanges, while gold stood at $1, 166. Reaching gold parity…
Last week we reported, that in an unprecedented attempt to breach the personal privacy of users of the largest bitcoin exchange in the US, Coinbase, the IRS filed papers seeking a judicial order to serve a so-called “John Doe” summons on the San Francisco-based Bitcoin platform. The government’s request was part of a bitcoin tax-evasion probe, and seeks to identify…
I receive a lot of questions from people who want to hear hard numbers about what kind of yield you can get with an arbitrage strategy. There are so many different options for how you run your strategy, but the math is actually pretty basic to calculate yourself. There are two variables that matter in an arbitrage strategy: The cutoff level. This is the minimum…
Bitcoin hit a new 2014 low last weekend, a news development that is surely distressful to Bitcoin investors (i.e. speculators), but one that shouldn t come as a surprise. After all, the premise that bitcoin, or any other alternative cryptocurrency, would go mainstream or become anything more than a speculative toy was flawed from the start. Here are three reasons…
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