US regulators, Bitcoin group discuss digital currencyReuters IndiaWASHINGTON (Reuters) – U.S. regulators and law enforcement agencies met on Monday with an advocacy group for Bitcoin, a digital currency that has been under fire for its purported role i…
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US regulators, Bitcoin group discuss digital currencyReuters IndiaWASHINGTON (Reuters) - U.S. regulators and law enforcement agencies met on Monday with an advocacy group for Bitcoin, a digital currency that has been under fire for its purported role in facilitating anonymous money transfers. Jennifer Shasky-Calvery ... |
An expensive lesson against selling bitcoin on eBayPandoDaily (blog)A common fear among bitcoin bears has been that the loosely regulated, somewhat anonymous digital currency would lead to an increase in fraud and other criminal activity. But amid regu…
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An expensive lesson against selling bitcoin on eBayPandoDaily (blog)A common fear among bitcoin bears has been that the loosely regulated, somewhat anonymous digital currency would lead to an increase in fraud and other criminal activity. But amid regulators and law enforcement scrambling to prevent bad actors from ...and more » |
AnandTechThe Rush to Bitcoin ASICs: Ravi Iyengar launches CoinTerraAnandTechBitcoin is a topic at AnandTech we have carefully steered away from due to the ever changing state of the market and the opinions of that market. For those that follow either J…
Yesterday Bitcoin Foundation had a meeting with US government representatives, which was very productive and encouraging for both Bitcoin industry and US currency market.
Yesterday Bitcoin Foundation had a meeting with US government representatives, which was very productive and encouraging for both Bitcoin industry and US currency market.
Bitcoin exchange rate volatility affects everybody who uses Bitcoin as a currency or trades it as an asset. Hoewever, the available material about Bitcoin volatility is limited. Therefore it’s time for some investigation. The results are somewhat counter-intuitive. That makes the whole topic even more worthwile. 1. What is Bitcoin volatility For any traded currency or asset, volatility is a measure for the dispersion of value changes around the average change. Changes in value are usually looked at on a day to day basis. Value changes are measured as relative or percentage changes. That’s because only relative changes are comparable between different assets and over time. To give an example: if the Bitcoin price goes from USD 100 to USD […]
The post Bitcoin Volatility – The 4 perspectives appeared first on Bitcoin Magazine.
Bitcoin exchange rate volatility affects everybody who uses Bitcoin as a currency or trades it as an asset. Hoewever, the available material about Bitcoin volatility is limited. Therefore it’s time for some investigation. The results are somewhat counter-intuitive. That makes the whole topic even more worthwile. 1. What is Bitcoin volatility For any traded currency or asset, volatility is a measure for the dispersion of value changes around the average change. Changes in value are usually looked at on a day to day basis. Value changes are measured as relative or percentage changes. That’s because only relative changes are comparable between different assets and over time. To give an example: if the Bitcoin price goes from USD 100 to USD […]
The post Bitcoin Volatility – The 4 perspectives appeared first on Bitcoin Magazine.
The mining company Cointerra has announced its official launch today, offering what may be the most advanced Bitcoin mining hardware currently on the market. The company’s signature miner, the 2-TH/s TerraMiner IV, is seeing its price reduced from $15,750 to $14,000, or a mere $7 per GH/s – ten percent less than what appears to be its main competition, the Butterfly Labs Monarch at $7.8 GH/s. Large-scale and industrial buyers will also be interested in its batch chip sales, offering the 10 TerraHash package for $57,400 ($5.74 per GH/s) and the 25 TerraHash package for $139,750 ($5.59 per GH/s), although it is important to stress that these are chips and not full devices, and for small-scale buyers the company is […]
The post Cointerra Planning to Release 2 Petahashes of Mining Power by December appeared first on Bitcoin Magazine.
The mining company Cointerra has announced its official launch today, offering what may be the most advanced Bitcoin mining hardware currently on the market. The company’s signature miner, the 2-TH/s TerraMiner IV, is seeing its price reduced from $15,750 to $14,000, or a mere $7 per GH/s – ten percent less than what appears to be its main competition, the Butterfly Labs Monarch at $7.8 GH/s. Large-scale and industrial buyers will also be interested in its batch chip sales, offering the 10 TerraHash package for $57,400 ($5.74 per GH/s) and the 25 TerraHash package for $139,750 ($5.59 per GH/s), although it is important to stress that these are chips and not full devices, and for small-scale buyers the company is […]
The post Cointerra Planning to Release 2 Petahashes of Mining Power by December appeared first on Bitcoin Magazine.
Considering a bitcoin mining hardware purchase? Make a more informed decision with our Bitcoin Mining Dashboard. Today Cointerra released more information on their ASIC bitcoin miner product line, as well as a more competitive pricing on the 2 TH/s miner. Cointerra is led by Ravi Iyengar, who was lead CPU Architect at Samsung Corporation prior to founding Cointerra. He has recruited a robust team of specialists and advisors including their most recent announcement of Timo Hanke as their Lead Cryptographer, who brings with him 15 years of research experience in computer algebra and number theory. Application specific integrated circuits (ASIC) are specialized chips that perform bitcoin mining calculations and have been rapidly changing the mining landscape. Disclosed in Cointerra’s announcement is that they will be producing 2 PH/s (2,000 TH/s) worth of chips; at 500 GH/s per chip this amounts to 4,000 ASIC chips in their first run. Considering the current network hash rate is approximately 500 TH/s this amounts to 4x the current network speed, though they do not…
The post Cointerra Expects to Deliver 2 PH/s of ASICs in December appeared first on The Genesis Block.
Considering a bitcoin mining hardware purchase? Make a more informed decision with our Bitcoin Mining Dashboard. Today Cointerra released more information on their ASIC bitcoin miner product line, as well as a more competitive pricing on the 2 TH/s miner. Cointerra is led by Ravi Iyengar, who was lead CPU Architect at Samsung Corporation prior to founding Cointerra. He has recruited a robust team of specialists and advisors including their most recent announcement of Timo Hanke as their Lead Cryptographer, who brings with him 15 years of research experience in computer algebra and number theory. Application specific integrated circuits (ASIC) are specialized chips that perform bitcoin mining calculations and have been rapidly changing the mining landscape. Disclosed in Cointerra’s announcement is that they will be producing 2 PH/s (2,000 TH/s) worth of chips; at 500 GH/s per chip this amounts to 4,000 ASIC chips in their first run. Considering the current network hash rate is approximately 500 TH/s this amounts to 4x the current network speed, though they do not…
The post Cointerra Expects to Deliver 2 PH/s of ASICs in December appeared first on The Genesis Block.