• According to Gridcoins website It is estimated that the Bitcoin network is currently using in excess of 76,000MWh a day of electricity on hashing sha256 alone. What Gridcoin wants to do is taken even if it’s a little portion of that essentially wasted resources and put it towards distributed computing (BOINC) which would benefit a wide variety of fields of studies such as medicine, biology, climatology, mathematics, and astrophysics, just to name a few. It

    Gridcoin: POW for BOINC

    | 2014/06/16 12:00 pm
  • Price drop and Wallet update! Bitcoin V0.9.2 has officially released, check out the github to get the update. Minor updates according to release notes “bringing mostly bug fixes and some minor improvements. OpenSSL has been updated because of a security issue (CVE-2014-0224).” Even if it is a minor release, upgrading is still recommended.  On a side note, Bitcoin is down again, around the $560 mark. It seems that the price decrease is a combination of

    Bitcoinist News Round up!

    | 2014/06/14 10:07 pm
  • A new website by Blockchain, http://bitcoin.com/ has launched. It’s a great one stop shop for anyone that would like to introduce someone to the world of Bitcoin and cryptocurrency and general. It explains what Bitcoin is, the current price of it, merchants, features, etc. It has Google translated directly integrated so you can translate the webpage into many languages to have the most impact. On top of the fact that Blockchain will be releasing an

    New website by blockchain launches, Bitcoin.com

    | 2014/06/14 7:57 pm
  • Today I’m here with RepRapMaker, a new launch that needs some funding to launch their startup. RepRap goal is to use plastic and other affordable materials which results in a cheaper price. The 3D printer is made of plastic components itself, allowing for the printer to reproduce itself and allowing for its name, Replicating Rapid Prototyper. The uses and advantages of 3D printing are numerous. On top of the fact they are using PLA plastic

    Exclusive Interview with RepRapMaker: 3D Printing Cooperative

    | 2014/06/13 11:51 pm
  • As I love to push awareness of companies that accept Bitcoin I decided to reach out to Reddit, asking if there were any companies/ventures that accepted Bitcoin that would like to be interviewed for bitcoinist. Almost immediately, I got my first reply from Lucky House Writing and we started the interview process. Lucky House Writing is a startup company was started by their founder Jack Lucky. Our founder, Jack Lucky, founded this company a short

    Exclusive Interview with Lucky House Writing: Here for all your writing needs!

    | 2014/06/12 7:39 pm
  • If you don’t know what TOR is, it stands for The Onion Router. Originally purposed for a third-generation onion routing project of the US Naval research laboratory according to their website, TOR is now used by anyone that would like to remain as private and secure as they can. TOR gets name from how it works. TOR works by protecting you against a well-known form of Internet surveillance, known as” traffic analysis.” It does this

    TORcoin: How it could Save TOR’s networks

    | 2014/06/12 2:39 am
  • ZeroBlock announces ANX exchange as their premium market data feed partner and integrates ANX exchange into its professional level trading platform NEW YORK, June 10, 2014 – Bitcoin news and market data provider ZeroBlock, a subsidiary of Blockchain.info, is proud to announce the integration of ANX into its professional level trading platform.  ANX is a globally-compliant, fully licensed operator with strong compliance policies ensuring a safe trading environment for its traders.  ANX provides an easy,

    ZeroBlock and ANX exchange Partnership

    | 2014/06/11 7:38 am
  • Tired of reading so much about Bitcoin and other cryptocurrencies? Here is something that is fun and has to do just a little bit with Bitcoin.  Duck Race comes to Budapest, Hungary for the first time. Since our headquarters is here we thought that we will enter our bitcoin duck. What is duck racing? Rubber duck races has a history. Since 1988, GAME has helped raise over $280 million with the Derby Duck® races with

    Bitcoin duck!

    | 2014/06/07 12:26 pm
  • Multibit, a well-known bitcoin wallet, is one of the most popularly downloaded wallets. But what some people may not know is that the whole team consists of 2 developers; they’re having trouble supporting a larger user base. On top of the fact they have day jobs and the project is sustained off of only donations, so they decided to implement what they called BRIT, or Burton-Rowe Income technique. Essentially, Multibit is charging a 1000 Satoshi

    Multibit Transaction “Toll Booth”

    | 2014/06/07 12:00 pm
  • Like many other cryptocurrency related apps, BlockStreet can show you the current price of Bitcoin on several different exchanges. Unlike many other cryptocurrency related apps, BlockStreet also adds other cryptos, market cap, detailed graphs, news sources, and a conversion calculator. The full feature list of what BlockStreet is capable of: Price of 15 different cryptocurrencies across 7 exchanges, plus 24 hour high, low, volume, and percentage change Graph showing all-time highs, average, and lows from

    Interview: BlockStreet, a One Stop Shop for All Things Crypto!

    | 2014/06/06 12:00 pm
  • Bitcoinist recently sat down with Tim Peterson, CEO of Onarbor – a startup university merging crypto, art and science. What exactly is Onarbor? Onarbor is a new kind of university, a startup university. At their cores, universities are places to be creative, learn, and build your credentials. To support these missions, universities must publish and get funding. Onarbor aims to help people publish and fund original science and art, collectively “works”, as well as fund

    Introducing Onarbor, a new way to learn.

    | 2014/06/05 8:54 pm
  • We got a press release from Bitpay regarding 50 Cent’s new album Animal Ambition which can be purchased at http://shop.50cent.com with bitcoin via BitPay. Since we like rap music we wanted to give it a try. Both for the album and also the buying experience. We don`t regret it. The album is really good and the purchase was like a piece of cake. Here is how to buy a 50 Cent`s album: 1. Go to http://shop.50cent.com 2. Click “add

    Do you like Rap Music? We Do! We bought 50cent`s new album…

    | 2014/06/05 1:16 pm
  • Darkcoin rises back! After some drama with other anon coins, Darkcoin again has firmly put itself in number 3 position market caps and on a positive upward trend. This story for me is bitter sweet, as I sold on the downward trend, but hey, still made a profit several times over. With Masternode payments to be fixed and new revision of Darksend to implement ring signatures that are set to hit before this month is

    Darkcoin: Anon Strikes Back!

    | 2014/06/05 2:54 am
  • SaturnCoin has done much to imrpove upon their coin with a great developing team striving to get the best out of their coin. Their press release can be found here. One of the big things that the SaturnCoin team has done is the elimination of the original premine that had been in place by the original developers of SaturnCoin. However, as seen in the document, the premine had been straight deposited into Mintpal and Cryptsy

    SaturnCoin: Change to SAT2 and its new specifications

    | 2014/06/04 9:40 pm
  • UPDATED! Please click here to read / watch the review! Are You thinking of mining some bitcoins? If so here is a Company that you can trust for sure! We first met with the Spondoolies-Tech team back at the 2014 Amsterdam Conference. They had a nice booth and they brought their miner the SP10 Dawson with them to present it to the attendees. It has a 1.4TH/s ± 10% Effective Hash Rate! We were really curious

    Spondoolies-Tech SP10 Dawson

    | 2014/06/03 4:30 pm
  • According to Section 11.17, of Apple Store Review Guidelines, Bitcoin applications are now allowed because of this line of text: “Apps may facilitate transmission of approved virtual currencies provided that they do so in compliance with all state and federal laws for the territories in which the app functions”. This essentially means that apps in Apples app store may use virtual currencies if they are in line with all state and national laws that apply

    Apple guidelines revised, Bitcoin Apps now allowed

    | 2014/06/03 12:00 pm
  • ShirtWasCash, a completely (Almost) Vertical Bitcoin Company        You are hearing more often than before about people taking partial payments in Bitcoins for their salary, but I bet you haven’t heard much of companies where everything that can be paid for in Bitcoin, is paid in Bitcoin.      Meet ShirtWasCash where rent, salary, and supplies are paid in Bitcoin. Anon does liquidate some Bitcoin due to the volatility of Bitcoin, but he also

    Interview with ShirtWasCash, A Fully (Almost) Vertical Bitcoin Company

    | 2014/06/02 12:00 pm
  • The Bitcoinist.net team headed to Vienna to visit CEBEXPO 2014 Bitcoin conference. We will strem live, stay tuned and follow us on Twitter and Instagram! But tomorrow something special will happen. We will VIDEO stream the second day of the conference on live.bitcoinist.com! This will be the first live video stream from a Bitcoin conference ever. See pioneers of the industry like Josh Zerlan (Butterfly Labs), David Johnson (Bitangels), Vitalik Buterin (Bitcoin magazine) and Charlie

    CEBEXPO 2014 Live stream – on the 2nd day VIDEO stream!

    | 2014/05/31 8:30 am
  • The World’s First Corporation With a Formal Capital Structure Based on Bitcoin Seeks to Raise 25,000 Bitcoin Today, Cryptor Latam Inc., an innovative investment company and Think Tank focused on bitcoin and crypto related assets, announces the launch of its capital raising campaign. With a world-class advisory board and board of directors candidates, the company plans to serve the bitcoin ecosystem by becoming a long term investor for booming businesses in the bitcoin and crypto related sectors. Cryptor Latam Inc., part

    Crypto Trust Inc seeks to raise 25.000 BTC

    | 2014/05/23 10:30 am
  • The Bitcoinist.net team headed to Amsterdam to visit one of the biggest bitcoin event of europe so far. We will strem live, stay tuned and follow us on Twitter and Instagram! Bitcoin 2014 is the annual international forum, exhibition and networking conference organised by the Bitcoin Foundation for the fintech industry. It’s where investors, technologists, regulators, executives, entrepreneurs, developers, and policymakers gather to collectively shape the future of cryptographic money worldwide. Bitcoin 2013, our inaugural

    Live from Amsterdam – Bitcoin conference

    | 2014/05/15 8:00 am
  • As Bitcoin had an ambitious dream to decentralize currency, MaidSafeCoin has an ambitious dream to decentralize the internet. The coin is only half the story, it is to be used in tandem with the SAFE (Secure Access For Everyone) network. Why should we decentralize Internet, it seems to be working fine right? Well for now, at least. According to MaidSafe’s whitepaper, datacenters that support the Internet’s backbone are having increasingly trouble to cope with the

    MaidSafeCoin: Decentralized Internet

    | 2014/05/08 6:00 pm
  • Nick Spanos Nick Spanos is the founder of Bitcoin Center NYC, the city’s only brick-and-mortar organization dedicated to further adoption of Bitcoin.  From the center’s 40 Broad Street headquarters 100 feet from the NYSE, Nick directs all center functions including technology, finance, operations, and communications.  Nick’s prior experience runs the gamut of commercial fishing, entertainment, real estate, philanthropy, and politics.  Nick built his first computer in 1978 and is an Internet entrepreneur many times over. 

    Interview with the Founder of the Bitcoin Center NYC Nick Spanos

    | 2014/05/06 12:00 pm