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Coinforest: The Cheaper In Bitcoin Movement Takes Another Step Forward

One of the aspects of the modern consumer economy that Bitcoin users often miss out …The post Coinforest: The Cheaper In Bitcoin Movement Takes Another Step Forward appeared first on Bitcoin Magazine.

One of the aspects of the modern consumer economy that Bitcoin users often miss out …

The post Coinforest: The Cheaper In Bitcoin Movement Takes Another Step Forward appeared first on Bitcoin Magazine.

Thailand’s Bitcoin ban: ‘there is no real ban, just an advice’ – Michael Parsons – The Voice of Russia


The Voice of Russia

Thailand’s Bitcoin ban: ‘there is no real ban, just an advice’ – Michael Parsons
The Voice of Russia
Thailand is not known for strict regulations. It was surprising enough when earlier this week it became the first country that decided to ban Bitcoin. Thailand’s Central Bank concluded that there were no applicable laws that can control this
Bitcoin’s lessons on the bahts and the beesCoinDesk
Thailand becomes first country to ban bitcoins, central bank rules it’s not a Economic Collapse News
Bitcoin cyber currency now accepted in Edmonton eateryYahoo! News Canada (blog)
FXstreet.com
all 5 news articles »

The Voice of Russia

Thailand's Bitcoin ban: 'there is no real ban, just an advice' - Michael Parsons
The Voice of Russia
Thailand is not known for strict regulations. It was surprising enough when earlier this week it became the first country that decided to ban Bitcoin. Thailand's Central Bank concluded that there were no applicable laws that can control this ...
Bitcoin's lessons on the bahts and the beesCoinDesk
Thailand becomes first country to ban bitcoins, central bank rules it's not a ...Economic Collapse News
Bitcoin cyber currency now accepted in Edmonton eateryYahoo! News Canada (blog)
FXstreet.com
all 5 news articles »

Bitcoin’s lessons on the bahts and the bees – CoinDesk

Bitcoin’s lessons on the bahts and the bees
CoinDesk
Such was the case with the shock-horror news that “Thailand has banned Bitcoin!”. Microseconds later, as predictably as a schoolkid’s instinctive revulsion, comes the insta-analysis of delighted disdain and doomsaying. Either Thailand was being idiotic


Bitcoin's lessons on the bahts and the bees
CoinDesk
Such was the case with the shock-horror news that “Thailand has banned Bitcoin!”. Microseconds later, as predictably as a schoolkid's instinctive revulsion, comes the insta-analysis of delighted disdain and doomsaying. Either Thailand was being idiotic ...

Bitcoin and Thailand: what’s really happening? – Memeburn


Memeburn

Bitcoin and Thailand: what’s really happening?
Memeburn
On 30 July, there was news that Thailand’s national bank had ruled Bitcoin illegal. Of course, this came in as a shock to many people who use the virtual currency, especially those who are not Thai. The ruling left those who follow the news wondering

and more »


Memeburn

Bitcoin and Thailand: what's really happening?
Memeburn
On 30 July, there was news that Thailand's national bank had ruled Bitcoin illegal. Of course, this came in as a shock to many people who use the virtual currency, especially those who are not Thai. The ruling left those who follow the news wondering ...

and more »

ASICMiner USB Bitcoin Miner Price Drops 80% to 0.175 BTC

Considering a bitcoin mining hardware purchase? Make a more informed decision with our Bitcoin Mining Dashboard. On May 4th, Friedcat, CEO of ASICMiner, announced the worlds first ASIC USB bitcoin miner: operating at 300 MH/s for 1.99 BTC. As he refined the hardware, he was able to increase performance to 336 MH/s before shipping in early June. The price was then lowered to 0.89 BTC on June 25th for bulk orders over 1,000 units. An organizer of previous bulk orders has announced an 8 day window to place orders for 0.175 BTC each. This order is only open to previous customersand will entail 0.1 BTC going towards the USB miners while 0.075 BTC is paid towards management and shipping fees. There is some risk involved in this order since it will not be using an escrow service, unlike previous arrangements. Since the announcement yesterday 500 units of the 1,000 unit minimum have already been ordered so it seems likely that the 1,000 unit minimum will quickly be filled. ASICMiner’s USB miners…

The post ASICMiner USB Bitcoin Miner Price Drops 80% to 0.175 BTC appeared first on The Genesis Block.

Considering a bitcoin mining hardware purchase? Make a more informed decision with our Bitcoin Mining Dashboard. On May 4th, Friedcat, CEO of ASICMiner, announced the worlds first ASIC USB bitcoin miner: operating at 300 MH/s for 1.99 BTC. As he refined the hardware, he was able to increase performance to 336 MH/s before shipping in early June. The price was then lowered to 0.89 BTC on June 25th for bulk orders over 1,000 units. An organizer of previous bulk orders has announced an 8 day window to place orders for 0.175 BTC each. This order is only open to previous customersand will entail 0.1 BTC going towards the USB miners while 0.075 BTC is paid towards management and shipping fees. There is some risk involved in this order since it will not be using an escrow service, unlike previous arrangements. Since the announcement yesterday 500 units of the 1,000 unit minimum have already been ordered so it seems likely that the 1,000 unit minimum will quickly be filled. ASICMiner’s USB miners…

The post ASICMiner USB Bitcoin Miner Price Drops 80% to 0.175 BTC appeared first on The Genesis Block.

Bitfury 400 GH/s Bitcoin Mining Rig Hits US Shores

Considering a bitcoin mining hardware purchase? Make a more informed decision with TGB’s Bitcoin Mining Dashboard. After almost a full year of development and one month of delays, BitFury’s ASIC bitcoin mining prototype has begun hashing at 400 GH/s. Application specific integrated circuits (ASIC) are customized chips that perform bitcoin mining calculations. While there have been a couple companies releasing ASIC miners (Avalon, ASICMiner, Butterfly Labs), there is significant room for improvement within the technology itself. With hundreds of units expected to land in Europe and the Americas this month, Bitfury products represent the most advanced chips to hit mass production and will significantly change the bitcoin mining landscape. BItfury ASIC chips use a 55nm process and are sold running at an estimated 1.56 GH/s per chip, with demonstrated performance up to 2.7 GH/s. Although they are clocked slower than Butterfly Lab’s 4 GH/s chips, they will run 4x more efficiently at 0.8 Watts/Ghps. Power efficiency will be a deciding factor in a bitcoin miner’s longevity as profitability narrows with…

The post Bitfury 400 GH/s Bitcoin Mining Rig Hits US Shores appeared first on The Genesis Block.

Considering a bitcoin mining hardware purchase? Make a more informed decision with TGB’s Bitcoin Mining Dashboard. After almost a full year of development and one month of delays, BitFury’s ASIC bitcoin mining prototype has begun hashing at 400 GH/s. Application specific integrated circuits (ASIC) are customized chips that perform bitcoin mining calculations. While there have been a couple companies releasing ASIC miners (Avalon, ASICMiner, Butterfly Labs), there is significant room for improvement within the technology itself. With hundreds of units expected to land in Europe and the Americas this month, Bitfury products represent the most advanced chips to hit mass production and will significantly change the bitcoin mining landscape. BItfury ASIC chips use a 55nm process and are sold running at an estimated 1.56 GH/s per chip, with demonstrated performance up to 2.7 GH/s. Although they are clocked slower than Butterfly Lab’s 4 GH/s chips, they will run 4x more efficiently at 0.8 Watts/Ghps. Power efficiency will be a deciding factor in a bitcoin miner’s longevity as profitability narrows with…

The post Bitfury 400 GH/s Bitcoin Mining Rig Hits US Shores appeared first on The Genesis Block.

Bitcoin Group Therapy in Berlin Tomorrow

Yesterday Room77, the original Bitcoin-accepting restaurant and now world-renowned Bitcoin hub of Berlin, had a …The post Bitcoin Group Therapy in Berlin Tomorrow appeared first on Bitcoin Magazine.

Yesterday Room77, the original Bitcoin-accepting restaurant and now world-renowned Bitcoin hub of Berlin, had a …

The post Bitcoin Group Therapy in Berlin Tomorrow appeared first on Bitcoin Magazine.

Top investors explain bitcoin: A PandoMonthly mashup – PandoDaily (blog)

Top investors explain bitcoin: A PandoMonthly mashupPandoDaily (blog)Ever since bitcoin entered the mainstream lexicon, Sarah Lacy has asked almost all of our PandoMonthly guests for their thoughts on the controversial crypto-currency. Rather than comb…


Top investors explain bitcoin: A PandoMonthly mashup
PandoDaily (blog)
Ever since bitcoin entered the mainstream lexicon, Sarah Lacy has asked almost all of our PandoMonthly guests for their thoughts on the controversial crypto-currency. Rather than comb through each video, now you can watch highlights from their ...

Q2 Grant Award Announcement

We’re excited to announce the Bitcoin Foundation’s grant award winner for the second quarter of 2013: Coinpunk Submitted by Kyle Drake Coinpunk is an open source, self hosted DIY bitcoin wallet service that you can run on your own server. The project has features for individual users, developers, hardware wallet manufacturers and large organizations.  We […]

We’re excited to announce the Bitcoin Foundation’s grant award winner for the second quarter of 2013:

Coinpunk
Submitted by Kyle Drake

Coinpunk is an open source, self hosted DIY bitcoin wallet service that you can run on your own server. The project has features for individual users, developers, hardware wallet manufacturers and large organizations.  We chose to fund the development of Coinpunk because of its contribution to the usability of bitcoin overall, and its ability to serve as a base for a wide range of innovations in keeping with open source ideals.

We received 25 grant proposals for the second quarter.  We heard lots of great ideas, but we couldn’t fund them all at once, so we’ve carried many proposals over to the next round for further review.  We appreciate everyone’s efforts!

The next grant deadline for Q3 proposals will be Friday, September 20th.  Please review the grant submission guidelines previously posted for details.

Congratulations again, Kyle!

2013 NYC Inside Bitcoins Conference: When Venture Capitalist Meets Bitcoin

Bitcoin Magazine was proud to serve as a sponsor for the 2013 Inside Bitcoins Conference …The post 2013 NYC Inside Bitcoins Conference: When Venture Capitalist Meets Bitcoin appeared first on Bitcoin Magazine.

Bitcoin Magazine was proud to serve as a sponsor for the 2013 Inside Bitcoins Conference …

The post 2013 NYC Inside Bitcoins Conference: When Venture Capitalist Meets Bitcoin appeared first on Bitcoin Magazine.

Sweet success for Bees Brothers, world’s youngest bitcoin entrepreneurs – CoinDesk


CoinDesk

Sweet success for Bees Brothers, world’s youngest bitcoin entrepreneurs
CoinDesk
Most teenage boys are far too busy at school and interested in playing sports and computer games to set up a business on the side. But nestled between two mountain ranges in northern Utah, USA, there are three brothers who are possibly the youngest 


CoinDesk

Sweet success for Bees Brothers, world's youngest bitcoin entrepreneurs
CoinDesk
Most teenage boys are far too busy at school and interested in playing sports and computer games to set up a business on the side. But nestled between two mountain ranges in northern Utah, USA, there are three brothers who are possibly the youngest ...

Shakil Khan: Bitcoin can be “money over IP”, but services must get more intuitive – CoinDesk

Shakil Khan: Bitcoin can be “money over IP”, but services must get more intuitive
CoinDesk
Bitcoin has an opportunity to make financial transactions truly frictionless, said CoinDesk founder Shakil Khan this week – but companies need solid business plans to make it happen. There is room for people to introduce efficiencies into the finance


Shakil Khan: Bitcoin can be "money over IP", but services must get more intuitive
CoinDesk
Bitcoin has an opportunity to make financial transactions truly frictionless, said CoinDesk founder Shakil Khan this week – but companies need solid business plans to make it happen. There is room for people to introduce efficiencies into the finance ...

How to buy bitcoins in person at Buttonwood Satoshi Square and other meetups – CoinDesk

How to buy bitcoins in person at Buttonwood Satoshi Square and other meetups
CoinDesk
Bitcoin is intrinsically linked to the Internet. Therefore, it’s rather counterintuitive that so many people opt to trade bitcoins face-to-face, out there in the real world. All around the world, there are meetups for enthusiasts and traders to get


How to buy bitcoins in person at Buttonwood Satoshi Square and other meetups
CoinDesk
Bitcoin is intrinsically linked to the Internet. Therefore, it's rather counterintuitive that so many people opt to trade bitcoins face-to-face, out there in the real world. All around the world, there are meetups for enthusiasts and traders to get ...

Investors See Opportunities in Bitcoin’s High-Risk Market – Entrepreneur


Entrepreneur

Investors See Opportunities in Bitcoin’s High-Risk Market
Entrepreneur
During a panel discussion at Mediabistro’s Inside Bitcoins conference in New York City on Tuesday, one of the panelists, serial entrepreneur Brock Pierce, posed a question: “Is Bitcoin Friendster, MySpace or Facebook?” In other words, is Bitcoin here


Entrepreneur

Investors See Opportunities in Bitcoin's High-Risk Market
Entrepreneur
During a panel discussion at Mediabistro's Inside Bitcoins conference in New York City on Tuesday, one of the panelists, serial entrepreneur Brock Pierce, posed a question: "Is Bitcoin Friendster, MySpace or Facebook?" In other words, is Bitcoin here ...

5 key issues facing the next Fed chief

Re-election of Ben Bernanke, the chief of the Federal Reserve, is taking place in United States right now, which is a big responsibility of the president, Barack Obama.

Re-election of Ben Bernanke, the chief of the Federal Reserve, is taking place in United States right now, which is a big responsibility of the president, Barack Obama.