Bitcoin Miners Are Pestering Utility Companies for Cheap Hydro Power
The world’s most desirable places to live and work are no longer in major metropolitan areas: they’re remote and at altitude. That’s according to bitcoin miners at least, who are fueling a boom for land and utilities in some of the world’s most scenic regions. They’re not relocating for the breathtaking views, however, but for […]
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It’s that time of year again when thoughts turn to all the cool swag you’ll receive on Christmas Day, and hand out of course, cos’ let’s not forget that Xmas is also about giving. Whether you’re an experienced bitcoiner seeking gift ideas for one of your own, or a complete novice cursed with a crypto […]
The open web can be a dangerous place for cryptocurrency users. Phishing, trojans, and social engineering all come with the territory, ensuring that even the savviest of bitcoin-holders must remain alert. Within the walled gardens of Apple and Google’s app stores, however, there’s an assumption that if a mobile app has been vetted and downloaded […]
Vancouver’s Hut 8 Mining Corp has announced plans to create “North America’s largest bitcoin mining datacenters”. The ambitious scheme will see the Canadian firm partner with mining specialists Bitfury, who will provide the hardware, software, and maintenance. Subject to necessary funding being raised, the deal is expected to be completed in 2018. Also read: Bitcoin-Based Ethereum […]
Border patrol don’t like bitcoin. In fact they dislike anything they don’t understand or have been programmed to distrust. Encryption, cryptocurrency, graphics cards, all of the tech we take for granted is anathema to suspicious customs agents. Whether you’re traveling into the U.S. or any other surveillance state, here’s what you should do to avoid raising […]
It takes a brave soul to bet it all on bitcoin. Yet six months ago, that’s exactly what one Redditor did, using $325,000 of equity to purchase 191 BTC. As one commenter put it: “Firstly, let me wish you good luck. Second, let me tell you how much of an idiot you are.” As bitcoin […]
Calculating transaction fees is like riding a bike or rolling a cigarette: simple when you know how, but frustratingly complex otherwise. UX improvements over the last few years have made bitcoin easier than ever to send and receive, but fee calculation is still something of a dark art. The following resources make fee calculation a […]
You might have heard about this bitcoin thing; it’s been in the news a lot. Something to do with it passing $8,000…no $9,000…no, wait, where are we now? It’s hard to keep pace. No one knows where bitcoin will be a day, week, or year from now, but at this moment in time, bitcoin is […]
Some people call them cryptocurrencies. Others call them altcoins or alts. But to many they’re known as shitcoins: digital currencies that are like bitcoin but, well, crappier. Sure, they may boast faster transactions and lower fees, but they lack the brand recognition, network effects and catchy name. Without, they were destined to be doomed. Also […]
Black Friday, the internet’s annual day for rampant consumer excess, is looming. On November 24, an online spending spree the likes of which hasn’t been seen since the last one, and which won’t been seen till the next, shall commence. As Black Friday’s profile has risen in recent years, so has that of its sister […]
