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 …

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 …

 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 …

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 …

There has been no official confirmation on who it is yet, but if you head over to BTCGuild and check on their Hall Of Fame page you will see a user, called 67117 that is mining at a ground breaking 800 to 900 GH/s (or 800,000,000,000 …