13th Million Bitcoin Mined

It is in truth a minor milestone but for those who like “large whole numbers” block 310001 has just been mined by Ghash.IO pushing the total amount of bitcoin to 13,000,000. That means that there only another 8 million to be

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Timothy C. Draper won all of the FBI SilkRoad Bitcoins

It was quite possible we may have never found out who won the US Marshal Service  auction for the 30,000 Bitcoin (just under 20 Million USD at today’s rate).  It was quite possible that the next time we saw any movement from

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29,658.80112195 Confiscated FBI Coins on the move

We have been waiting and here it is, the 29,658.80112195 Confiscated FBI Coins held in 1Ez69SnzzmePmZX3WpEzMKTrcBF2gpNQ55 have started their move. It is not into the eventual 30,000 BTC blocks from the auction yet but I will keep an eye on them and

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Silk Road 30,000 bitcoin auction causing stirs, what happens when it’s 144,341 bitcoin

We did not expect the US Marshals Service to release information about the auction of Silk Road bitcoin last week but in the absence of information speculation both on the markets and on the internet is building. First Barry Silbert, Founder of SecondMarket and BitcoinTrust has tweeted that

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BrainWallet.org exploited and bitcoins stolen

It has long been known that JavaScipt’s Math Functions are not up to a good enough standard to be used in Cryptography.  In particular the random function has many documented flaws easily available with a quick google search. It appairs that someone has

Posted in Bitcoin, Theft

Another Credit Card breach, please use Bitcoin!

It has only been six months since Target Customers had their credit card details sold on rescator[dot]so and today we have news of another Credit Card breach at P.F. Chang’s with users details once again up for sale on the nefarious website. While

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Posted in Bitcoin, Editorial, General, MineForeman

Review: Spondoolies-Tech SP10 Dawson (Part Two)

In the previous part of this review I discussed how I ended up receiving my Spondoolies-Tech SP10 Dawson.  This time around I am going to go a deeper into the Operating System that runs Spondoolies-Tech miners. The SP10 Dawson comes with

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Posted in Bitcoin, Hardware, MinePeon, Mining, Review, spondoolies-tech

Review: Spondoolies-Tech SP10 Dawson (Part One)

About a month ago I received a pleasant email from a gentleman named Stas, he complimented me on MinePeon and asked me if I would have any issue if he included all or parts MinePeon on a new range of miners

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Posted in Bitcoin, Hardware, MinePeon, Mining, Review, spondoolies-tech

MinePeon for BeagleBone Black Alpha

MinePeon users have been asking for this for a while and I am finally glad to announce, MinePeon has been ported! For now it is just for the BeagleBone Black and while it is very Alpha but it appears very stable.  Plans for

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ButterflyLabs, sweeten the pot for long outstanding orders.

You, and many others (including me) may be wondering where your ButterFly Lab’s Monarch’s are.  If you anything like me you paid $4,680.00 plus shipping six months ago and have yet to see a single hash! In these six months the

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