Jon Southurst (@southtopia) | Published on May 7, 2014 at 16:15 BST | Companies, Merchants, News inShare1
Read moreMost cryptocurrencies that are mined by computers use a ‘proof of work’ algorithm, designed to make them prove that they have invested the computing power in producing the coins. Bitcoin uses SHA–256, but many alternative coins (altcoins) use another system, called scrypt.
Scrypt.CC was created to make mining scrypt based coins accessible to everyone without huge upfront costs, no huge electricity bill at the end of the month, no worries with hardware failure, no babysitting …
The online retailer Overstock plans to accept the digital currency Bitcoin next year, the company’s top executive told the Financial Times, becoming the first big American online retailer to do so. Patrick Byrne said the online general merchandise shop plans to start taking Bitcoin as early as the second quarter in 2014. “I think a healthy monetary system at the end of the day isn’t an upside down pyramid based on the whim of a government official, but is based on something…
Read moreBitcoin is a very secure and inexpensive way to handle payments.The lowest fees out there Bitcoin's high cryptographic security allows it to process transactions in a very efficient and inexpensive way. You can make and receive payments using the Bitcoin network with almost no fees. In most cases, fees are not strictly required but they are recommended for faster confirmation of your transaction. Protection against fraud
Read moreWe are happy to present you the first exchange that allows the trading of bitcoin mining facilities or GHS (GigaHash per second) Trading.Let’s see how it works and why you definitely must purchase a GHS on our exchange. Let’s imagine, that you have purchased a finished Bitcoin miner and now the delivered box is in your room. You take the rig out of the package and try to connect it to the power source, but there is no power cord in the box, or maybe no power unit or maybe y…
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