Cryptocoin markets and communities expand due to an increasing user base to the community, but what causes new users to flock to a new coin in large numbers? EASE OF ACCESS If a coin is very easy to get started with, people will be more likely to want to try out that coin. Users […]
I’m writing this because I couldn’t find a single condensed guide on compiling the wallet and running mining software on linux, specifically Ubuntu/Linux Mint. I combed Bitcoin and Litecoin forums for similar problems I was running into and eventually got everything nailed down, so here it is in one place, for new Shibes. If you […]
The Antminer U2 from Bitmain is the latest version of the diminutive miner which works on SHA256 cryptocoins. More commonly referred to as an ASIC miner, the U2 draws very little power and requires very little setup to mine happily along at 2 GH/s. Probably the biggest question on everyone’s mind though is, is it worth the price tag?
The majority of people agree that if crypto currencies are to be successful then they need to be adopted by the general population, and for this to happen they need to be something that is used in everyday life. However, at the moment this is not the case, while over the past few years many more people have heard about crypto currencies through news reports and social networking, it is still not a thing that most people would consider using.
On Wednesday the 5th of March BTC China, a major Bitcoin exchange, added Litecoin to their site, allowing users to buy and sell Litecoin for Fiat currency. As is to be expected this resulted in a massive rise in the value of Litecoin from 14$ per coin to 22.50$ per coin, however the price quickly retraced and is now stable at between 16$ and 17$.
Bitcoin to be sent over Facebook Editors Note: This Article is Written by Jason De Costa and is published under his full consent. An American startup based in San Franciso, QuickCoin is simplifying how the average crypto user can learn about and receive Bitcoin. By developing a social wallet, sending and receiving Bitcoins will be […]
By: Clay Michael Gillespie It seems as though Apple has “okayed” the development and use or digital currency applications on the App Store. As of June 2, 2014, Apple’s new clause under section 11.17 reads this: Apps may facilitate transmission of approved virtual currencies provided that they do so in compliance with all state […]
By Clay Michael Gillespie When /u/TheDJFC from Reddit.com woke up on June 2, 2014, they didn’t expect to have 800 BTC (approx. $500,000) taken out of their grasp in an instant. As soon as it happened though, they reached out to the Reddit community on /r/Bitcoin for help. “I messed up big time. I […]