Vircurex halts withdrawals and freezes accounts

Vircurex halts withdrawals and freezes accounts Beijing-based Bitcoin and altcoin exchange Vircurex has made an announcement that they have stopped withdrawals for Bitcoin (BTC), Litecoin (LTC), Feathercoin (FTC) and Terracoin (TRC). All incoming deposits will also not be credited at the time being. On March 24th the exchange will freeze the current BTC, LTC, FTC Continue reading “Vircurex halts withdrawals and freezes accounts”

KnCMiner’s first Scrypt ASIC mining rig, Titan is ready for preorder

KnCMiner’s first Scrypt ASIC mining rig, Titan is ready for preorder KnCMiner has started to accept preorder for its first ASIC machine dedicated for scrypt mining.   The mining rig which is known as Titan will have an exterior that is based on the company’s existing Jupiter form factor. Inside the rig, however, it will Continue reading “KnCMiner’s first Scrypt ASIC mining rig, Titan is ready for preorder”

Huobi exchange in China starts Litecoin trading on 19th March

Huobi exchange in China starts Litecoin trading on 19th March With Huobi getting ready to accept Litecoin on 19th March, the price of Litecoin took a sudden leap on BTC-e today.   A company user survey has shown that there is an estimation of 20 percent of Bitcoin investors in Huobi also holding funds in Continue reading “Huobi exchange in China starts Litecoin trading on 19th March”

Tutorial on merged mining Litecoin / Dogecoin and other Scrypt Coins

Tutorial on merged mining Litecoin / Dogecoin and other Scrypt Coins Not to be confused with multipool mining, which switches to a more profitable coin automatically, merged mining lets you send hashes to multiple blockchains. That would mean that while mining Litecoin or Dogecoin, you would be able to mine other cryptocurrencies at the same Continue reading “Tutorial on merged mining Litecoin / Dogecoin and other Scrypt Coins”

Canada’s VirtEx announced support for Litecoin trading

Canada’s VirtEx announced support for Litecoin trading Canada’s biggest Bitcoin exchange, VirtEx has announced that they are opening trades for Litecoin with immediate effect. Customers will be able to trade Litecoin with Canadian dollar or Bitcoin. Our site will be going down at 9:30am(MST) for approximately 2 hours to upgrade and launch LTC/CAD and BTC/LTC Continue reading “Canada’s VirtEx announced support for Litecoin trading”

TigerDirect now accepts Bitcoin

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”

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”

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”