Korea Bitcoin exchange receives $400,000 in Silicon Valley funding South Korea Bitcoin exchange Korbit has announced that it will receive $400,000 in seed funding from a group of Silicon Valley investors. While the value of the investment may not be very significant by Silicon Valley standards, investors in Korbit include founder of venture capital DFJ Continue reading “Korea Bitcoin exchange receives $400,000 in Silicon Valley funding”
Monthly Archives: January 2014
Quantum Properties will accept Bitcoin for condo deposits
Quantum Properties will accept Bitcoin for condo deposits Quantum Properties in Abbotsford, British Columbia is the first real estate developer to tap into the digital currency, Bitcoin. The company will now accept Bitcoins as payment for their vast selection of condominiums. President and CEO of Quantum Properties, Diane Delves said that the company is Continue reading “Quantum Properties will accept Bitcoin for condo deposits”
Cudaminer Guide for Nvidia GPUs
Cudaminer Guide for Nvidia GPUs Nvidia cards gained massive hashrate increase from the latest Cudaminer release (18 December 2013). CUDA Core is the term Nvidia uses to call the shaders in its GPUs. The Cudaminer is designed specifically for Nvidia GPU mining with Cuda accelerated mining application for Litecoin and Scrypt based altcoins. There would Continue reading “Cudaminer Guide for Nvidia GPUs”
eBay to allow Bitcoin from 10th February
eBay to allow Bitcoin from 10th February Paypal president, David Marcus recently twitted that there are no policies on Paypal that prohibits the sale of Bitcoin mining rig, but currency transactions whether fiat or Bitcoin is prohibited. To clarify: we have no policies against using PayPal to sell Bitcoin mining rigs. We don’t support any Continue reading “eBay to allow Bitcoin from 10th February”
Why Litecoin is more secure than Bitcoin
Why Litecoin is more secure than Bitcoin Litecoin is technically nearly identical to Bitcoin but differs from Bitcoin in that it uses the scrypt based instead of SHA-256 algorithm, has a faster transaction confirmation time and is scheduled to produce 84 million units of coins. With Litecoin’s faster confirmation time of 2.5 minutes compared to Continue reading “Why Litecoin is more secure than Bitcoin”
The future of Scrypt mining with ASICs?
The future of Scrypt mining with ASICs? One year ago, with ASICs introduced for Bitcoin mining, GPU miners for SHA-256 algorithm are dead, with a high end Radeon card cranking out a fraction of a Bitcoin each day. The shift for Bitcoin mining to ASICs mirrors the shift from CPU mining to GPU mining. But Continue reading “The future of Scrypt mining with ASICs?”
Top 10 Bitcoin Charts
Top 10 Bitcoin Charts Bitcoin is growing. It has skyrocketed to above $1,200 at the end of last year and now it’s hovering around $800. For the convenience of Bitcoin enthusiasts, i have listed the top 10 Bitcoin charts and figures for easy reference. There is no particular order or preference in the listing. Continue reading “Top 10 Bitcoin Charts”
11 Hotels and Hostels that accept Bitcoin
11 Hotels and Hostels that accept Bitcoin The universe of travel options for Bitcoin enthusiasts everywhere has massively expanded. We have decided to gather some information on hotels and hostels that accept Bitcoins. 1. Hotel Coppede Roma At the heart of Italy, this hotel resides in one of the most elegant areas of Rome. Continue reading “11 Hotels and Hostels that accept Bitcoin”
Why 2014 will be the year for Litecoin
Why 2014 will be the year for Litecoin Bitcoin made some distinct progress in the year 2013. The Bitcoin graph started from as low as $13, went up dramatically to above $1200 before settling back to $950 steadily. Apart from Bitcoin, there are some alternate crypto-currencies which are climbing the popularity board, especially Litecoin Continue reading “Why 2014 will be the year for Litecoin”
Overstock.com has received $130,000 BTC orders on its first day
Overstock.com has received $130,000 BTC orders on its first day The first day of Overstock.com with the newly integrated Bitcoin payment was a great success. Founder and CEO of Overstock, Patrick Byrne announced that Bitcoin orders accounted for $130,000 spread over 840 orders after its first day of accepting it. #Bitcoin's first full day on Continue reading “Overstock.com has received $130,000 BTC orders on its first day”