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The year 2015 has been quite an interesting time for Bitcoin and any company active in the cryptocurrency industry. While the total amount of funding from VC’s and business angels has been enormous during the first two-quarters of the year, things have dropped significantly during Q3. What will Q4 hold regarding VC investment? Only time will tell.
Also read: W3C Web Payments Working Group To Push Bitcoin Acceptance
BetVIP, the world’s first licenced bitcoin sportsbook, are doing things differently. Sports betting, the act of gambling on the outcome of a sporting event, has existed for centuries, but BetVIP are determined to bring it up to speed with the 21st century.
They have created their own online and mobile bookmaking platform which deals in the bitcoin currency, both in taking wagers and paying out winnings. There are a number of benefits to using bitcoin, from the fast transactions, the low costs of bitcoin exchange and the growing strength of the currency itself.
As I announced on Twitter and BitcoinTalk yesterday, we will start off the day with an article about DigiByte. It’s been a while since we talked about them, going back as far as January I think. So let’s see what they’ve been up to lately!
In case you have never read any of my previous DigiByte articles, and you should be ashamed in that case, let’s quickly recap with DigiByte is about, and how they want to bring crypto currency to the average non-techie person.
There is a new rare and popular crypto currency in town, and boy, is it expensive to get your hands on some of it. KashmirCoin is the name, and here are the fine details.
KashmirCoin is a Scrypt coin, with a coin supply cap of 1,001 coins. If you honestly don’t get the 1,001 reference, you might want to look at this Wikipedia page.
KashmirCoin blocks are generated every 101 seconds, and will reward you with 0.001001 KSC. There are however, random superblocks paying out 20 times the normal reward. Difficulty re-targets every 10 minutes.
First of all, apologies for only publishing this article about GroestlCoin today. I know I made the promised to get it done yesterday, but I completely forgot there was a CHampions League game on TV. Either way, GroestlCoin it is!
The name “GroestlCoin” is very fitting, because this crypto currency uses the Groestl algorithm for Proof-of-Work. The reason why this algorithm was picked, is because it is super efficient to mine, on both CPU’s and GPU’s.
Not only does the Groestl algorithm have the lowest energy consumption, but it also significantly reduces the heat of your CPU/GPU, not to mention the noise reduction. Less noise, less heat and less electricity costs = efficiency in my book!
We at CryptoArticles always strive to keep you updated on as many different crypto currencies as humanly possible. With that promise in mind, I would like to take a look at HTMLCoin with you.
The HTMLCoin motto is quite impressive, as in, it’s a very strong message : “Safe, simple and cheap : no third-party seizure- no taxes – no tracking – no risk of “chargebacks” – no transaction costs”. That certainly got my attention!
Other than just aiming at individuals, HTMLCoin also wants to focus towards charities, as we have seen being done by quite a few other crypto currencies as well. There will also be giveaways towards student organizations and advocacy groups.
My attention was brought to a super-human themed crypto currency. It’s quite a juicy one, so you’ll want to devour it with your teeth while the blood is still pumping through its veins. I’m talking about none other than LycanCoin.
For those of you where are unaware, LycanCoin refers to “lycantrophy”, which in plain english means “werewolves”. Now, before you go turn away, I know werewolves don’t exist, you know werewolves don’t exist. Or do they?
Being a big fan of the “Underworld” movies (heck, I even bought the 4th one on Bluray in an actual store because I wanted to see it so badly), I can see the appeal, or “niche market”, for these types of coins.
It has been a pretty exciting weekends if you are supporting a few coins that hardly anyone seems to believe in, either because they’ve been around for a while without a price increase, or because they are relatively new. MintPal added both AsiaCoin & NobleCoin, so i’m one happy person!
The addition of NobleCoin to MintPal was a long time coming if you ask me. Being around for 3 and a half months now, NobleCoin never saw a huge price increase, despite some really great developments for the coin, such as the MarketPlace. (I love buying me some Amazon gift certificates with NOBL!)
It appears as if the Easter holidays are bringing some potentially interesting crypto currencies to the world this year. Even though there are already quite a lot of different coins available, I do believe that Caishen is an interesting one, and I’ll tell you why.
Although, I might actually have to correct myself already, as Caishen is not a crypto currency, it’s more of a company, where the assets are CAI (Caishen) and the company shares are traded and/or mined by the community. (This does kind of remind me of NoirBits)
It has been a while since we last talked about one of the most popular X11 crypto currencies out there, called HiroCoin. There are some very interesting things ahead for this community, and that might be the biggest understatement I’ve made all month.
This will be quite a lengthy article, so you might want to grab a hot or cold beverage before we begin, and while you’re in the kitchen, bring me something too, would you? :>
The HiroCoin develomental community has been given the tools needed to build more services, and also stimulate innovation. In order to “oversee” the progress of these projects, the community has been split into several departments, each having an appointed team leader.
When using a multipool for mining, you have so many options available lately. It almost seems as, within a year or so, there won’t be any regular mining pools left….
When you do use a Scrypt multipool however, it’s hard to find one that is actually profitable, or has any profitable coins being mined. Thanks to IPOMiner, I came to mining AsiaCoin, which is one of the most profitable crypto currencies to mine as of right now.
If you are using an online wallet to store (some of) your crypto currency, you will know what I mean when I say there is a certain appeal to it. Not just because of the easy-of-use, but it “feels” more secure than keeping funds on an exchange.
Now, before we go on, yes I know keeping crypto currency online will always be a risk, online wallets aren’t generally safer than exchanges in that regard. Hush now and read on, and who knows, maybe we can agree on some points?
I’m glad to see the Bitcoin price has finally reached $500 (and slightly higher) again, after a very long period of swinging between $300 and $450. Pretty sure I’m not the only one who’s excited about this recent price shift.
As we reported several times earlier, it’s funny how a lot of “knowledgeable” people proclaim the end of Bitcoin, just in order to push the price down low and long enough so they can buy in cheaply.
I’m well aware this is not an uncommon tactic in the world of finances. If you were able to buy stocks at$25 each, or, after spreading some rumours and FUD, you could purchase them for $20 or lower, wouldn’t you do it?
A while ago, we did an article about a new service called Addie, which lets users keep all of their different crypto currency wallet addresses in one place.
Today, we can report that Addie have expanded their list of supported crypto currencies to over 140 different coins in circulation as of this writing.
Among the coins added, you can find BlackCoin, NobleCoin, ZeitCoin, and many others. I’m pretty sure more and more coins will be added over the next few days, so if you’re a coin developer or community member, make sure to send them a Tweet.
In the last 5 months crypto currency has gained so much popularity, that even my grandfather has asked me :”Is it true that you can ‘print money’ at home?”
Retailers are doubling this year’s profits from selling GPUs in just one week! Interest in crypto mining is so high, that even if you are willing to pay $1000 for a graphics card, you have to wait up to 2 weeks for it to be in stock and get shipped! But, it is so exciting to think of making money with your computer that you are willing to wait.
Anyone with more than 3 peas for a brain should know by now that accepting Bitcoin payments is best for business.
We have seen it proven by bigger companies as well : Chicago Sun-Times has a 11% increase in subscribers, TigerDirect & Overstock are receiving extra orders worth several hundreds of thousands US Dollars,…..
Yet a lot of companies are still hesitant , or even refusing, to work with Bitcoin because of its volatile nature when it comes to the fiat value. Understandably so, as you don’t want to make a loss when selling a product to someone. Playing it safe, sure, go ahead.
I had a very fun and interesting experience today. I haven’t felt so alive in quite some time. Don’t think I’m a zombie now, but read on, and you’ll see what I mean.
I had a friend over. In fact, you all know him, as it was Serge Schouterden, my partner in crime when it comes to writing things for your eyes to feast on.
Out of the blue, he asked me to look up the current Bitcoin price, so I did. He was thinking about getting an account on a trusted exchange in order to purchase some Bitcoin.
A little while ago, we talked about Muniti, a new country-based crypto currency, in this case, Malta.
In order to increase the attention on Muniti, as well as proving that the development team actually means business, Muniti promotional packages will be sent out.
Media companies will be receiving such packages, which include a leaflet explaining what crypto currency exactly is, as well as 4GB USB sticks, with the Muniti logo on it, which have the Muniti wallet pre-installed & loaded with 500 MUN.
Posters and more leaflets will also be distributed around Malta and Gozo.
In the current crypto currency climate, it’s not easy to stand out among the crowd. Innovation is lacking severely, and it’s hard to say whether that’s voluntarily or not.
NoirShares is taking a different approach, by making themselves not just a crypto currency, but also an equity for NDS (Noir Distributed Systems) Projects.
To fully understand NoirShares, we have to think outside of the box for a bit, as it is also “the technology providing the foundation for activities such as voting, funding, trading, communication , contracts, value transfer, and more.”
The recent debacles with some of the crypto currency exchanges have most people on edge. One of the most prominent of all the exchanges “fail” is Mt.Gox. Yes they have claimed “they didn’t know of the problems“ and “they were hacked’. Some people who have lost a lot have filed claims against Mt Gox . Through certain interviews and court related press releases it appears that the CEO, mark Karpeles, knows a lot more than he is admitting. If you are innocent and really didn’t know about theft and hacks, why hide and lie at lawsuit hearings and to the community?
