Central Bank of Malaysia does not recognize Bitcoin as legal tender

Central Bank of Malaysia does not recognize Bitcoin as legal tender Malaysia’s Central Bank, Bank Negara Malaysia (BNM) is joining a number of regulators world-wide, voiced its concern about Bitcoin on Friday but didn’t outlaw the usage of Bitcoin.   “The Bitcoin is not recognized as legal tender in Malaysia,” the central bank said in Continue reading “Central Bank of Malaysia does not recognize Bitcoin as legal tender”

Compile and install CPUminer on Linux CentOS

Compile and install CPUminer on Linux CentOS Scrypt based crypto-currencies unlike Bitcoin’s SHA-256 is more reliant on memory, not processing efficiency. That is the reason those specialized hardwares developed for Bitcoin mining will not work with Litecoin and making CPU mining more effective.   This is a simple tutorial on the steps to compile and Continue reading “Compile and install CPUminer on Linux CentOS”

Social gaming giant, Zynga starts accepting Bitcoin

Social gaming giant, Zynga starts accepting Bitcoin San Francisco-based Zynga, provider of social game services since 2007 has announced that it will be accepting Bitcoin for in-app purchases. For a start, the option will be available for selected games and payments will be processed by Bitpay.   Zynga made the following statement on reddit,   Continue reading “Social gaming giant, Zynga starts accepting Bitcoin”

Litecoin Mining – Sapphire Radeon R9 280X Sweet Spot for 760KHash/sec

Litecoin Mining – Sapphire Radeon R9 280X Sweet Spot for 760KHash/sec Keeping up with the R9 280X cards, this time i will share my configurations for the Sapphire R9 280X card. Previously, i have mentioned that CGMiner version 3.7.2 with the latest drivers would give you a higher hashrate as the R9 cards would be classified properly as Continue reading “Litecoin Mining – Sapphire Radeon R9 280X Sweet Spot for 760KHash/sec”

Robocoin is reaching out to Hong Kong and Taiwan

Robocoin is reaching out to Hong Kong and Taiwan Robocoin, the first shipping Bitcoin ATM is heading to Hong Kong and Taiwan. Although crypto-currency has seen massive growth and gained media attention during 2013, the problem that hits any Bitcoin user is usability. Using Bitcoin is still somewhat confusing and cumbersome, mainly because one have Continue reading “Robocoin is reaching out to Hong Kong and Taiwan”

Latest Cudaminer release brings massive hashrate increase to Nvidia GPUs

Latest Cudaminer release with improved Nvidia Scrypt mining performance The latest release of Cudaminer (18 December 2013) will squeeze more performance out of Nvidia cards. Early testers are reporting an increase in performance for as much as 40 percent from the previous version.   CUDA Core is the term Nvidia uses to call the shaders Continue reading “Latest Cudaminer release brings massive hashrate increase to Nvidia GPUs”