Bitcoin cannot be faked or duplicated! Unlike regular money, each Bitcoin has a detailed history, which makes it hard to fake or replicate.
April 22, 2014 – Atlanta, GA – BitPay, the world leader in business solutions for the Bitcoin digital currency, today has pledged to match 1 BTC in donations from the Bitcoin community for BitGive Foundation’s campaign for The Water Project. BitGive is non-profit foundation leveraging the power of the Bitcoin community to improve public health and the environment worldwide. Please help raise 1 BTC by donating here to trigger BitPay’s match. The Water Project, Inc. is a 501(c)(3) non-profit organization unlocking
What would you do with your money, buy bitcoins or buy miners? If you are considering buying miners, you have also probably thought about buying a mining contract. So, which of the three is best for you? This is not an easy question and is one that almost all Bitcoiner’s face. It depends on a lot of factors: how much you want to spend, where you live and what are your interests. So, let’s say
Bitcoin vs. Gold A single Bitcoin briefly became more valuable than an ounce of gold in Novmeber 2013 !
In its official release, GIMP (GNU Image Manipulation Program) has announced that it is accepting Bitcoin in the form of donations. Other popular method to pay donations to this organization includes PayPal, Flattr, Wire Transfer, and Cheque. However, it looks as there is not much charge when paid in Bitcoin, the organization would prefer Bitcoin donations. The organization says that now donating money to the GIMP project is easy as the GNOME Foundation has graciously agreed to
Bitcoin will be getting a shot in arms in Ireland as the country will hold its first ever Bitcoin conference this July. According to the organizers of the event, it will allow promoters to encourage the use of digital currencies as it will show how it will impact the world. To be held at RDS Dublin on July 3-4, 2014, it is going to be a morale boosting event. In its official website, announcing the event,
The First Bitcoin Transaction took place in 2009 January 12! Satoshi Nakamoto sent 100 BTC to Hal Finney. About Finney: Hal Finney (born May 4, 1956) is a developer for PGP Corporation, and was the second developer hired after Phil Zimmerman. In 2004, Finney created the first reusable proof of work system before Bitcoin. In January 2009, Finney was the Bitcoin network’s first recipient transaction
The total number of mined bitcoin: 12,665,100 BTC We don’t have an exact number of BTC in circulation as hundreds of thousands have been lost over the years. (broken or ruined flash drives, forgotten private keys etc…)
April 16, 2014 – Atlanta, GA – BitPay, the world leader in business solutions for Bitcoin digital currency, is excited to announce that Bitcore, a complete, native interface to the Bitcoin network has achieved 100% compatibility with the Bitcoin Core test data. Since the launch of the Bitcore open-source project in February of 2014, BitPay has been working hard at achieving full compatibility. These test confirm that bitcore correctly handles all of the test input data
Prime domain names are always really expensive. Blockchain however had the asset to lease something really special. Blockchain has got the lease for bitcoin.com for the next 5 years. The price has not been disclosed yet but we don`t have a doubt that it cost a real fortune to them. The smart early adaptors bought the best bitcoin related domain back in 2009 and parked it until now. It was a great move as the
Texas Attorney General Greg Abbott sees value in digital currencies, and that is why he is using bitcoin for his run at becoming governor. Bitcoin donations are being collected for Abbott’s campaign for the upcoming election on November 4th. Abbott is campaigning against candidate Wendy Davis. Texas Attorney General’s Campaign Abbott’s deceleration of welcoming bitcoin donations was well received by the bitcoin community for his efforts to promote the digital coin. Abbott said: “I am
Nobody’s in Charge Whoever created bitcoin he or she or a group of people, the creators of Bitcoin designed it to be fundamentally autonomous once launched. Nor an nor an individual, group, company, or government controls Bitcoin. “The idea was to create a currency that avoids the meddling policies of a central bank like the U.S. Federal Reserve, which often tries to “fix” economies by printing more and more of their fiat currencies, thus devaluing existing
A user don4of4 posted a warning message to other LocalBitcoins.com users that others have been reporting news of stolen bitcoin from their wallets on the website. The user claims that he didn’t believe it first, but when he saw that his 5 Bitcoin were transferred from his account without his permission or order considering, he had a 30 character random password and Google Authenticator set up, he realized something was definitely not right. Don4of4 writes he changed his
From now on every day we will write about one fact about bitcoin. For the core community most of them will be already know trivial ones but we would like to serve information for the newbies and the mainstream as we believe the more people are behind with their support the higher it can go in terms of future. However we will try our best to write about new facts for the early adaptors to
The two organizations, Blockchain and the Bitcoin Foundation are trying to award those entities that are encouraging users to adapt Bitcoin and helping out the digital currency big way. Now, the two organizations have introduced the inaugural Blockchain Awards. In an announcement they say that the first annual Blockchain Awards will be given in May. The announcement came when the two organizations said that they want to celebrate innovation and excellence in the Bitcoin community with the
A new video documentary, The Rise and Rise of Bitcoin, is premiering at the Tribeca Film Festival next week. It shows Bitcoin through lens of the different people involved with it. The documentary explores the origins of Bitcoin, the Bitcoin mining market, the culture of the Bitcoin community, the elusive founder of Bitcoin, and many more things. The Rise and Rise of Bitcoin Documentary The documentary stars notable Bitcoiners such as, Charlie Shrem, Gavin Andresen,
In times of financial crisis, there is a distrust and uncertainty installed in people’s minds. In a hope to counter this dilemma, nation-based cryptocurrencies are being launched trendily. The aim of these launches is to freely distribute these currencies among the people, and inspire them to use them in their day-to-day transactions, making them less dependent on the traditional national currencies. The latest one to squeeze its way in is Spaincoin – the alleged Spanish Bitcoin that
If so … and you have 5.294 BTC worth $2.7 million at press time go for it! A homeowner would accept the digital currency for his newly listed beach front property in Hilton Head. It has four bedrooms, four bath room right at the North Forest Beach. They are hoping that it will be sold to a customer from abroad and would be a convenient way for both parties to be able to use Bitcoin.
[youtube id=”GDE0jYgSYls” mode=”normal” align=”center”] The ant miner S1 is one of the best BTC miner to start with in mine opinion. Actually to be honest with that 2.77$ / GH/s rate it s even good for serious miners as well. The reason why I said it is great for newbies is because it is soo easy to use. As you can see from our video review or from the set up tutorial. The ant miner
Brawker, a proxy buying platform, recently launched with a trendy post that made it to the top of the Bitcoin subreddit. For the first time bitcoin users have the chance to buy anything on the web with their bitcoins. Brawker helps bitcoin users by letting them spend their bitcoins on virtually anything, giving them an 8% discount and making bitcoin more widely used. On the other end, Brawker also allows people to buy bitcoins with a credit card or
The Winklevoss Bitcoin Trust, currently moving towards regulatory approval, could be approved by the end of 2014 and will be a Bitcoin exchange-traded fund (ETF), with each share representing an amount of bitcoin held by the Trust. Currently, such an investment vehicle is only available to wealthy investors, through funds like the Bitcoin Investment Trust. The Winklevoss ETF will allow people with a brokerage account to invest in Bitcoin without having to worry about the challenges of buying, storing, and
The Bitcoin Investment Trust (BIT) has more than 100,000 Bitcoins in its possession, said Barry Silbert, chief of Second Market and the trust’s founder. Silbert plans to expand BIT further this year, as investors expect the trust to file for an IPO sometime in the fourth quarter. The firm is a private investment machinery that is expected to add a new type of investors once it sells stock to the public, according to the bitcoinnews. BIT