After what seems like an eternity of silence the latest update from Butterfly Labs is not good. BFL_Josh reveals in the update that both the power requirements and hashing rate of the new bitcoin ASIC miners are not what they expected, and not in a good way.
It seems that …
more ...[]If
you had been wondering what Avalon
where up to with their line of ASIC devices you would not be alone.
If you had subscribed to their mailing list though you will find that your have received an update, for those who are not subscribed though the update is below …
more ...This
was covered a few days
ago,
but with the disruption of a hard fork so fresh in our minds I though it
pertinent to bring up again. Bitcoin developer Jeff Garzik even though
it important enough to post to
BitcoinTalk to add to
a post made earlier
this week …
Gavin
Andresen bitcoin lead developer, Bitcoin
Foundatation member and person behind
the closed Bitcoin Faucst has made
a post on
BitcoinTalk saying "I decided a good use of
Bitcoin Faucet funds would be compensating miners who had blocks that
were orphaned in last week's Bit Chain Fork."
This is a …
more ...Butterfly
Labs has re-opened a feature that we managed to get a brief
(unintentional) preview of last
month.
This time they have done it on purpose though.
In a blog post customer support representative BFL_Jody does warn though that "there are still a few orders that we are working on …
more ...Bitcoin
lead developer Gavin Andresen has made a
post on
BitcoinTalk to bring users attention that
the threshold of blocks that are version 2 and comply with BIP
34 is about to be reached and
version 1 blocks could soon be considered invalid and orphaned from the
chain.
BIP 34 …
more ...Since PrimeAsic first announced that they were in possession of 80 GH/s ready to ship and for sale at € 1,249.00 back on March the 4th the bitcoin community has treated them with a great deal of scepticism.
In the official announcement thread on BitcoinTalk by Jr. Member …
more ... After
last weeks
fork
the bitcoin development team are taking proactive steps to ensure that
the problem will not happen again while still being able to push forward
with the 0.8 series of updates and upgrades to the bitcoin system and
network and have released their official plan.
What's …
more ...As many of you already know there was a 'hiccup' in the bitcoin network this week. It caused a flurry of articles, some good, some panicked and others that were outright alarmist.
To be honest, while I was aware of the issue as it transpired it did not register with …
more ...