TigerDirect now accepts Bitcoin Earlier this month, the online retail giant Overstock.com announced that they are accepting Bitcoin as a method of payment. This Thursday, TigerDirect revealed that they are now accepting Bitcoin as well. The US major electronics and computer parts retailer would be one of the largest businesses to accept Bitcoin thus far. Continue reading “TigerDirect now accepts Bitcoin”
Author Archives: Justin Soo
Why everyone should own some Bitcoin?
Why everyone should own some Bitcoin? Bitcoin is a protocol that allows the transfer of money or value from one person to another, without the need of an intermediary. By owning some Bitcoin, even a small amount, you have joined in and are supporting a new technology that is capable of transforming the world. Continue reading “Why everyone should own some Bitcoin?”
CoinMKT announces US banking partnership
CoinMKT announces US banking partnership CoinMKT, Los Angeles-based crypto-currency exchange announced that they have partnered with a bank located in the United States. This allows for bank wire transfers from United States bank accounts. CoinMKT CEO Travis Skweres is confident that this would help the company to grow as there are not many exchanges Continue reading “CoinMKT announces US banking partnership”
BiT Capital funding $10 million to Bitcoin ATM start-up BiT Access
BiT Capital funding $10 million to Bitcoin ATM start-up BiT Access A Canadian Bitcoin investment group, BiT Capital has committed a significant amount of seed funding into Bitcoin ATM start-up BiT Access. The fund which amounted to $10 million will be invested gradually in a span of 1-2 years. This is by far the largest investment Continue reading “BiT Capital funding $10 million to Bitcoin ATM start-up BiT Access”
Korea Bitcoin exchange receives $400,000 in Silicon Valley funding
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”
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?”