Blog Archives

New manufacturer enters the Bitcoin ASIC Arena with the Cryonic FrostBit™

A new contender in the Bitcoin ASIC mining world has announced their intentions to produce a with what I have to say is the best looking piece of bitcoin hardware I have seen yet. The Cryonic FrostBit™ ticks all of the boxes for people wanting to mine bitcoins in

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Posted in Bitcoin, Hardware, Mining, News

Does Ted Nelson know who Satoshi Nakamoto is?

With the bitcoin conference going on there has been a renewed bout of interest as to the identity of Satoshi. While I personally have no idea who the inventor of bitcoin is the famed IT Sociolosopher and creator of such terms as ”hypertext” and “hypermedia” Ted Nelson thinks he knows

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Posted in Bitcoin, General, News

Butterfly Labs Bitcoin ASIC mining device arrives in New Zealand

It happened, ever since last month when Josh from Butterfly Labs let slip that a developer unit of their new 5 GH/s ASIC bitcoin miner might be on its way to me I have had trouble sleeping.  I have spent the days

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Posted in Bitcoin, Butterfly Labs, General, Hardware, MineForeman, Mining, Review

Bitcoin Valuation as a Fiat Hedge With Information and Substitution Effects

About the author: John Vandivier is a graduate student at George Mason with formal credentials in policy, economics and political science. He also dabbles in philosophy and apologetics. His blog discusses all of the above at www.thegenerallifeblog.blogspot.com. In this article bitcoin

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Posted in Bitcoin, General

International Block Erupter USB bitcoin ASIC in a group buy

Ever since Friedcat from ASICMiner announced the new 300 MH/s Block Erupter USB devices I have been wondering how I can get my hands on some. The terms of their sale is that you need to buy a minimum of 300

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Posted in Bitcoin, Hardware, MineForeman, Mining

Butterfly Labs forum under attack (Latter proved not to be true)

Correction: Josh from Butterfly Labs has emailed me, there was no intrusion of any sort.  They were testing some of their systems and adding new features. While it did appear to be nefarious it seems that I jumped the gun, for that I

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Posted in Bitcoin, Butterfly Labs, General, Hack

Butterfly Labs Shipping Update;- BFL Products Shipping Now

Or at least that is what the mail says and since developers and reviewers have already been receiving 5 GH/s units it looks like we can believe it this time. Hopeful miners have been reporting that they have been receiving email from Butterfly Labs asking them to

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Posted in Bitcoin, Butterfly Labs, Hardware, Mining, News

Bitcoin Central hacked again

The hacks continue, less than 24 Hours since the news that Slush’s pool had been compromised Bitcoin Central’s man page has been changed to one that reads “We have been compromised, please do not send any funds to your wallet.”

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Posted in Banking, Bitcoin, Legal, News

Slush’s bitcoin mining pool hacked

It seems that hackers have decided to start to target bitcoin related services in earnest as the latest organisation to fall prey is the very popular Slush’s bitcoin mining pool that usually resides at https://mining.bitcoin.cz/ . Slush’s pool is the oldest

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Posted in Bitcoin, Mining, News, Pools

Butterfly Labs ship Jalapeños ASIC Bitcoin miners to customers

The day has arrived,  the Butterfly Labs forum Latest Update reads “Jalapeños are making their way to their new homes. http://ow.ly/i/1WUo4″. They have even provided us with a photo of a few of the ASIC bitcoin miners sitting on a trolley

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Posted in Bitcoin, Butterfly Labs, Hardware, Mining, News
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