The BTC China exchange has published a statement reassuring Chinese investors that their operations will resume as normal despite looming uncertainty. The People’s Bank of China is expected to issue a public notice later this month about BTC transactions. The whole BTC scare was created when unconfirmed rumors began to fly around on the internet about a “possible” clamp down on Bitcoin-related money transfers, like BTC to Yuan, in China. Some of the unconfirmed reports put the 15th April as a possible release date of said “official message”.
A few weeks ago, there have been several reports about an Internet of Things worm named Linux Darlloz. In case you missed this news, click here for the Symantec article.
Why is this Darlloz worm of interest to us? Because once you get infected by this worm, a version of cpuminer will be installed on your device, and it will start mining crypto currency.
This Darlloz worm can install on any device built on the Intel x86 architecture, such as computers. However, devices running ARM, MIPS and PowerPC architecture , such as routers and set-top boxes, can be targeted as well.
I’m not talking about a regular BlackCoin giveaway, or a fiat currency giveaway either. Instead, the lucky winner(s) will receive mining hardware!
BlackCoin community member “africanos” is the one who came up with the idea of this giveaway, and is also the one who will be making sure the winners receive their hardware.
BlackCoin community member “Walrusbonzo” jumped in on this offer, and will be throwing in a PCI-E Extension Ribbon for every milestone described below as well. Things just get better & better for BlackCoin!
After receiving quite a few requests to do an article about MyriadCoin, I have found a spare moment to actually get it done. So, here we go!
MyriadCoin is a pretty unique alternate crypto currency. In more than one way, I might add, but you’ll find out what I mean soon enough.
When it comes to creating a “unique” crypto currency, you have the option of either using a brand new algorithm,or combining several algos.
You could even expand on combining several algorithms, by making your crypto currency mintable through all of the algorithms individually.
Today is an interesting day for ZeitCoin and its community. I know we haven’t talked about it in a while, but we do what we can.
So why is today important you ask ? Today is the day that the block rewards for mining ZeitCoin drop to 1 ZEIT per block.
As you may know, the current block reward for ZeitCoin is variable, somewhere between 1 and a few tens of thousands ZEIT.
However, we have reached the “six week in existence” mark of ZeitCoin, and the only block reward after today will be 1 ZEIT per block.
Earlier today, someone pointed me towards HeavyCoin. I knew the name of course, but never looked at it in-depth. Time to make up for that on this beautiful Friday afternoon in Belgium.
When it comes to creating a successful crypto currency, having a strong community is the key. Reward that community with the power to decide how your coin will continue it’s development, and you might have a golden combination. And that’s exactly what HeavyCoin does.
By using decentralized voting , all HeavyCoin community members who have the QT client installed, or are mining HVC, can vote on how long the minting part of HeavyCoin continues, as well as how big the total supply cap will be.
There is a new buzz in the crypto world at the moment. It is about “Prypto”. The name looks catchy but what is it exactly? Prypto is a company situated in Ireland and makes Crypto Scratch Cards for different cryptocurrencies, like Bitcoin, Dogecoin and Worldcoin to name a few. So basically Prypto offers the possibility to buy these coins in the real world in the form of Crypto Scratch Cards. This will make crypto currencies easily accessible for the general public, since the vox populi is asking for a product like this for quite some time now.
It has been quite a rocky week for H2OCoin. After the initial launch, which was delayed a few times , more issues started popping up concerning the QT clients.
Both Windows and Linux users experienced syncing issues with the 32-bit H2Ocoin clients. After applying several patches by both the developer, as well as the community, everything seemed to work for quite some time.
However, the issues came back, and a proper fix was in order. After a long search, we can now confirm the H2OCoin QT clients for both Windows and Linux have been updated, and the issues have been completely resolved.
Bitcoin is getting more and more traction and is getting accepted by the general public. In February the Chicago Sun-Times has announced that it has partnered up with San Francisco-based Bitcoin startup Coinbase to accept Bitcoin payments, since the tests were very successful.
In the test that the newspaper did, they received more than 700 Bitcoin donations over a 24-hour trial period. However those BTC didn’t go to the newspaper in question. The BTC were given to a non-profit Taproot foundation, which offers pro-bono service work to organizations tackling social problems.
Many people are already starting to wonder what the next “hot” mining algorithm will be for crypto currencies, after the Scrypt ASIC’s have been launched. To clarify, by Scrypt ASIC’s, I mean single devices pulling over 25 mhash/s, not GridSeed miners.
There are several candidates out there, so here’s my list of possible contenders :
Scrypt-N : An interesting algorithm. It requires a lot more memory than Scrypt mining, depending on the N-factor. GPU mining becomes less and less profitable as N-factor increases, so not a long-term contender in my book.
In this ever-changing world of crypto currencies, it might not be a bad thing if we saw several communities work together in times of need. That is exactly what MintCoin & BlackCoin did, to some extent anyway.
A security vulnerability had been found in the Proof-of-Work part of Proof-of-Work/Proof-of-Stake hybrids, in this case, MintCoin. This vulnerability would basically disable Proof-of-Stake blocks from being generated.
As you can imagine, this is a pretty serious issue, and can lead to all kinds of malicious attempts towards MintCoin.
When crypto currency, and more particular Bitcoin became pretty popular a while ago, didn’t you find it strange that the Silicon Valley area remained pretty quiet?
Even though that is the world’s hub for technology and innovation, there wasn’t too much going on with crypto currency at that point, and not much has changed over the past year.
Maybe we need to take crypto currency to the people in Silicon Valley. That is one of the reasons why Silicon Valley Coin, also known as XSV, was created.
And I partially quote :
“Prypto has been well received by the crypto currency community with over 30,000 shares already being purchased directly off their own site before this official listing announcement with BitcoinBourse.eu.” A most impressive feat!
“More than 1,200 BitCoin, DogeCoin and WorldCoin Crypto Scratch Cards have been ordered to date by global Resellers during Prypto’s Beta Stage. On top of that, Prypto has also received over 300 Crypto Scratch Card sample requests, which have been sent out to over 42 different countries.” Just the sheer number od different countries stunned me a bit , that’s nearly one in five of all countries in the world!
When you are involved with the world of crypto currency, you can never have enough tools at your disposal to make sure your profitability is at 100%.
In order to do so, a lot of people rely on mining profitability calculators, such as Coinwarz and others. However, they’re not always the greatest , or most reliable, so the more alternatives, the better!
CoinTweak provides us with exactly that : an alternative mining profitability calculator. for people who mine Scrypt, Scrypt-N or Keccak crypto currencies.
A little while ago, I talked about my dislike for crypto currencies claiming to give people from a certain country “free money”. However, when a new crypto currency of this genre catches my eye, I always try to keep an open mind. So let’s see what Muniti has to offer, shall we?
Muniti is “centered at molding perfectly with the current system in place and with the sole purpose of promoting and emancipating the country which it will represent.” Said country is Malta, a small island in Southern Europe.
The plans for the BlackCoin Multipool have been laid out, and it would be best if all of us took a look at them, because there are some very interesting things in there!
There are a few issues on the BlackCoin Multipool that will need fixing before it launches as a “finished” service. These things include showing the proper hashrate, profitability , payout and share rate for all miners.
We may also see some additional statistics for all miners,which will be discussed a bit further in this article.
Before you get all in my grill, this is a comic creaated for April Fools’, not my opinion.
A lot of people are making money by (day)trading crypto currencies. A solid strategy, if you know what you’re doing, with a small bit of luck involved.
When you ask these people which crypto currencies they trade, it’s usually the same answer : Bitcoin, Litecoin, DogeCoin…..Anything that has some kind of volume on the buy and sell sides.
Without trying to sound as a begger, I would like to point your attention to our “Donate” page, where we accept a variety of different cryptocurrencies.
All donations made from this day forward, will be used to purchase GridSeed miners, so we can have some experiments with that.
So if you do like any (or all) of our content, feel free to send us a donation 🙂
The soap opera around Mt. Gox is steadily growing and some disturbing accusations are “hittng the fan” so to speak. According to new testimonies by employees the CEO of MtGox allegedly spent money from its clients’ deposits on operating expenses and wild parties and luxurious items as early as two years before the problems began. For example: their rent in the same high-status Tokyo office building as Hulu and Google, office equipment that included a robot and a 3D printer, a special edition Honda Civic imported from the UK for Karpeles etc. On a personal note I wonder why someone would import a Honda Civic. They are made in Japan and since you live and work in Japan why not just .. I don’t know LEASE a car from Japan? That just seems a deliberate waste of money.