Bitcoin ASIC Mining Hardware Roundup

[ASIC Chip] With the recent press activity surrounding Bitcoin ASIC miners I thought it time for an article explaining what they were and what might soon to be available.  I say might because as so far as I can tell even the supposed suppliers of these ASIC devices have not seen a ...

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Want to destroy bitcoin? I am going to tell you how.

Bitcoin LogoFor every person that advocates bitcoin it seem there is at least one person who will tell you that it is a colossal waste of electricity, effort and time as well as being some sort of scam.  If you are one of those people, this article is for you.

There ...

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GPU Miners still going strong

Bitcoin LogoOne of the predictions that I posted might happen when the mining reward dropped from 50 BTC to 25 is that GPU Miners will get switched off because the price in electricity to run them would far outweigh the bitcoin reward they generate, I proposed that this would lead to ...

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Dissecting Bitcoin Block 210,000

Bitcoin Logo The chatter is a buzz in the bitcion community,  the 210,000th bitcoin block has been mined, there are now 10,499,925 bitcoins and the reward miners receive from solving a block has dropped from 50 to 25 bitcoins.  At precisely 2012-11-28 15:24:55 UTC a miner called ...

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