Blog Archives

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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Posted in Bitcoin, News

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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Posted in Bitcoin, News

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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Posted in Bitcoin, News

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

NewstalkZB Radio Interview about the MtGox trading halt

Much to my surprise on my way home yesterday I received a call from NewstalkZB. One of the producers (sorry, I forgot her name in my nervousness) wanted to ask if I would not mind going on air with Larry Williams

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Posted in Bitcoin, Editorial, General, MtGOX, News

CoinTerra start shipping!

Hot on the heels of an announcement from CoinTerra updating their Engineering and Production Status of their bitcoin mining devices it seems that not only are they shipping, but at least one lucky Reddit customer is up and hashing. All is not

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Posted in Bitcoin, CoinTerra, Hardware

Cointerra GoldStrike™ASIC wafers schedualed for December 17th

With the difficulty continuing to climb at an unprecedented rate the next jump is only just around the corner. US company CoinTerra originally entered the Bitcoin ASIC miner market only 4 months ago in August.  The plan at the time was

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Posted in Bitcoin, CoinTerra, Hardware, Mining

Creativity. Is it an issue with Bitcoin & Crypto Currencies.

I don’t often write about subjects that are not directly related to mining but this morning I will make an exception. During my morning reading of Slashdot an article caught my eye, it was entitled “Study: People Are Biased Against

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Posted in Bitcoin, Editorial, General