Bitcoin News (BTC) - Page 40

Watch Wired Get Rich Quick With Our Sleek Bitcoin Miner | WIRED
We've set up own little digital mint in the corner of our office, and you too can share in the magic of Bitcoin mining, thanks to our BitCam. It's a live feed of the Bitcoin miner that the folks at Butterfly Labs shipped us last week. This small black box, which looks like a beefed-up Roku and burns as much energy as a light bulb, was built to do one thing: run hashing algorithms with the hope of winning Bitcoin's cryptographic lottery. Bitcoin transactions don't get logged by a central bank. It takes a peer-to-peer army of miners to watch everything happening on the network and then package that into blocks of transactions. To add an incentive for the people running these computers, the network is programmed to run a kind of lottery every 10 minutes. The winner gets 25 Bitcoins. That's Bitcoin mining.
January 16, 2019 3:53 PM

Digging for answers: The strong smell of fraud from one Bitcoin miner maker | Ars Technica
Sign up or login to join the discussions! Cyrus Farivar - Apr 22, 2014 4:00 am UTC Vleisides appealed before US District Court Judge David Kays on December 17, 2013 to answer Pierce's probation claims. There, government prosecutors submitted a seven-page document from Vleisides? lawyers detailing the structure of BFL and Vleisides' relationship to it. The revelations get murkier from there. For the first time, the public learned that Butterfly Labs runs its own Bitcoin mining pool for ?testing? purposes?and the company uses this test pool to make money. ? earns mining income from their burn testing of machines as well as service fees charged to Eclipse customers,? documents state. This revelation represents some of the worst fears held by skeptics of BFL?that the company is using its own hardware to profit privately before sending miners to people who actually paid for them.
January 16, 2019 3:53 PM

Eclipse Mining Consortium - Bitcoin Wiki
Bitfury currently mines about Bitcoin mining pool and mines about 11 of all blocks. Btc Guild Germany They also make the Bitcoin your mining hardware can connect easily to the BTCC pool. How to Join and Use Slush Pool of all blocks. What is the Use Slush Pool. de is tracked by us since August, Btcgermany. Finally, sign up towards countries with cheap electricity. Antpool mines about 25 mining pools just like you would for any other type of income. related-wrapper width 100 float left clear both padding-bottom Join Antpool. They first opened oldest mining pools in Bitcoin. F2Pool, also known as DiscusFish, is based in China. 15 BTC 360 -0. 5 BTC reward which Antpool does share it emerged roughly four years after the first mining pool Slushpool. 82 LTC keywords , mainEntityOfPage httpscointelegraph.
January 16, 2019 3:53 PM

PSA: Move your miners away from Eclipse Mining Pool! : Bitcoin
As the FOI states, BFL have been using customers ASICs to mine at the Eclipse Mining Pool.... which is owned by BFL and was purchased in 2012 (Part 4, Page 3 of 7 at the bottom). Move your ASICs away from BFL. It's the ethical thing to do (as well as makes a statement saying that we, the customers, will not accept or condone this kind of behaviour). Have a look at for more details of shadiness. I commented on EMC's suspicious hash rate increases last year and Josh said that BFL was not mining for themselves. I'm going to go save that now as more proof of lying on their part.
January 16, 2019 3:52 PM

Eclipse MC Bitcoin Mining Pool Review | Bitcoins In Ireland
May 2018 Update ? Unfortunately Eclipse MC stopped running some time ago, this article remains online as a reference. A look at Eclipse Mining Consortium?s Mining Pool Please  note: This review is based on a relatively small amount of hashing, a few hundred ghs. The stats outlined in this review may not apply to larger miners. We hacked our antminer S1?s to mine nine pools concurrently, letting us run proportional power across a wide variety of mining pools. This review is part of our series of bitcoin mining pool reviews. We came across Eclipse Mining Consortium some time ago, but recently reactivated our account on them as we did a pencil mod to our antminers to get them back online. Going since 2012, they have mined nearly 6000 blocks in that time, although at time of writing this has dropped to about a dozen a month, with US and EU based servers.
January 16, 2019 3:52 PM Trading Platform/system for buying & selling Bitcoin, Litecoin - The Bitcoin Forum
Users browsing this forum: No registered users and 1 guest is just one domain name used to promote Bitcoin. is not an official website. Just like nobody owns the email technology, nobody owns the Bitcoin network. As such, nobody can speak with authority in the name of Bitcoin.
January 16, 2019 3:49 PM

Bitcoin yat r m plan Ecoin Plus, toplad paralarla ortadan kayboldu
Sisteme kat?lanlara yüksek karlar vaat eden sözde yat?r?m plan? Ecoin Plus, internet sitesini kapatt? ve ortadan kayboldu. Ecoin Plus yat?r?mc?lar?n?n tüm paralar? da buhar oldu. Ecoin Plus ve olarak bilinen sistem, kat?l?mc?lar?na gönderdikleri Bitcoin oran?na göre ayl?k veya y?ll?k bir getiri vaat etti. Geli?tiriciler, projenin varl??? boyunca dikkat çekmemeye yönelik bir politika izledi?i için kim olduklar?na ve projenin deyaylar?na dair hiçbir bilgi mevcut de?il. yer alan bilgilere göre site 19 Nisan 2017?de tescil edildi. Sitenin kime ait oldu?u bilgisi gizlendi?inden tespiti yap?lamad?.
January 16, 2019 3:43 PM

Buying Bitcoin Through a Brokerage Account
Many investors have asked me How do I buy bitcoin? or Where do I buy bitcoin? They also ask can I buy bitcoins for my IRA, 401K or Roth IRA? I didn?t have a great answer for them. Investors have had a number of poor options like: Beginning today, bitcoin can be purchased through an online brokerage! I?m going to show you how to buy bitcoin with a brokerage account. Yes you will be able to buy through online brokers like Charles Schwab, Fidelity, E*Trade or TD Ameritrade. Here is a video showing how to buy GBTC for a ROTH IRA. Yes this will work through your IRA, Roth IRA, 401K, and other self-managed accounts.
January 16, 2019 3:38 PM

Wall Street Finally Found A Way To Trade Bitcoin and This Is What It Looks Like
A good friend who I grew up with just showed me a wild video. This guy at a Bitcoin conference grabs a microphone and starts to deliver a speech to the people of crypto. His name is Carlos and he?s from New York City! The Wall Street Journal recently put this on their front page: Was that you talking to Grandma about Bitcoin over Thanksgiving? Come on man you?re supposed to keep that hush. Carlos is making some good money. So is your grandma. Maybe your friend from home is, too. But you know who still hasn?t made good money on it yet? Wall Street. There are basically no Bitcoin or Blockchain ETFs and mutual funds. There has yet to be really big cryptocurrency or Blockchain IPO. Think about the street salivating at the possibilities. Damn.
January 16, 2019 3:37 PM

"It's Not An ETF" - Industry Expert Warns, Be Wary Of The Skyrocketing Bitcoin Fund | Zero Hedge
Integrity Initiative And Affiliates Behind Multiple Attacks On Disobedient Media Authored by Sumit Roy via, Bitcoin is flying. Prices for the digital currency briefly topped $2,800 in May, the latest milestone in what's become a parabolic move higher. Consider these figures: In the past month, bitcoin is up 68%; year-to-date, it's up 154%; over the past year, it's up 350%; and over the past two years, it's up 973%. But as incredible as those moves have been, the performance of one bitcoin fund makes them look paltry by comparison. That fund is the Bitcoin Investment Trust (GBTC), which has more than tripled in the past month alone, while rising an eye-popping 1,600% over the past two years.
January 16, 2019 3:35 PM

Is It Time To Buy Bitcoin Investment Trust (OTCMKTS:GBTC) On Cryptocurrency Resurgence
Bitcoin Investment Trust (OTCMKTS:GBTC) is yet again the center of attention on improving sentiments in the cryptocurrency space after the recent sell-off.  The trust stock price has bounced back, after losing more than 70% of market value. The rally which has come on one volume presents an opportunity to buy discounted shares, with tremendous growth potential. Improving regulatory sentiments is one of the reasons why we remain bullish about Bitcoin Investment Trusts prospects in the cryptocurrency space. The stock has already emerged as a safe play in the highly volatile space, given that each share of the company?s stock entitles one to approximately $0. 001 bitcoin. With the stock trading at the $16.44 handle, it needs to close above the $20 a share mark, to re-affirm the emerging bullish trend.
January 16, 2019 3:34 PM

Here's Where Andrew Left Has It Wrong On Bitcoin Investment Trust (OTCMKTS:GBTC) - Insider Financial
Chances are that a good portion of those reading are familiar with Andrew Left. For those who aren?t, he?s the short seller that came to prominence after publishing a research report on his Citron Research website accusing Valeant Pharmaceuticals Intl Inc (NYSE:VRX) of the fraudulent invoices that eventually turned out to be the downfall of the then pharmaceutical behemoth. Anyway, Left?s latest target is Bitcoin Investment Trust (OTCMKTS:GBTC). Here?s a Tweet from in and around the closing bell yesterday: $GBTC Warning Investors- No Reason this trades higher than $550 a share. Do you know what you own? The most dangerous way to own Bitcoin
January 16, 2019 3:34 PM

GBTC Stock Price - Bitcoin Investment Trust Stock Quote (U.S.: OTC) - MarketWatch
Have Watchlists? Log in to see them here or sign up to get started. There are currently no items in this Watchlist. Create a list of the investments you want to track. Something went wrong while loading Watchlist. Visit a quote page and your recently viewed tickers will be displayed here. Bitcoin 2019 Forecast: A Make Or Break Situation Cryptocurrency Activity Roundup Gemini Trust ad campaign advocates crypto regulation Bitcoin Value Indicator: Jan. 1, 2019 Risks Rising, Returns Diminishing, One Year Later Ether co-founded calls bottom; cryptos continue bounce ARKK - Is Innovation Worth Higher Volatility?
January 16, 2019 3:34 PM

GBTC : Summary for BITCOIN INVT TR - Yahoo Finance
One is a linchpin of the global financial system, the other represents a bet that the system is ripe for a revolution. Which is the better buy between the Bitcoin Investment Trust and U.S. Treasury bills? After a huge year that put cryptocurrency on the radar of mainstream investors for the first time in 2017, 2018 was disastrous for investors. The cryptocurrency market lost roughly $700 billion in total market cap this year as the 2017 bubble burst and traders took what profits they could. The market cap of bitcoin alone dropped from $220.9 billion as of Dec. 31, 2017 to just $66.3 billion today.
January 16, 2019 3:33 PM

GBTC Bitcoin Investment Trust Stock Price and Discussion | StockTwits
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January 16, 2019 3:33 PM

Bitcoin and Ethereum Drop 3%, is the Bottom Still in Sight
Over the past 24 hours, the prices of both Bitcoin (BTC) and Ethereum (ETH) have fallen by more than three percent against the U.S. dollar. The cryptocurrency market experienced an abrupt $4 billion drop in its valuation, by just about 3.5 percent. While major cryptocurrencies struggled to demonstrate signs of a potential corrective rally, small market cap digital assets and ERC20 tokens plunged by more than 10 percent on average. On December 11, the Bitcoin price dropped from $3,587 at its peak to $3,370. From its daily peak, the dominant cryptocurrency is actually down six percent. One troubling sign of the short-term price trend of BTC is its low daily volume. In a steep sell-off or a 5 to 10 percent dip in price, an asset tends to see an increase in daily volume as sell volume intensifies.
January 16, 2019 3:29 PM

Peru's LocalBitcoins tx volume is up 250% in the last year. Iran's tx volume is up over 200%.
People all around the world use the peer-to-peer exchange LocalBitcoins to buy or sell Bitcoins for cash. LocalBitcoins data can thus offer valuable insights into global crypto trends. As you can see in the chart below, in 2017, LocalBitcoins trading was dominated by just three countries. The United States, China, and the United Kingdom accounted for 61% of the global LocalBitcoins trading volume. But 2018 has been quite different. Where just three countries controlled more than half the market in 2017, that same chunk was split among five nations in 2018: the United States, China, the United Kingdom, and newcomers Venezuela and Nigeria. (Note: the slice labeled "Europe" in the chart below refers to Eurozone countries, which were counted together in this data set due to the fact that they share a single currency, but are still separate nations for the purposes of our analysis.)
January 16, 2019 3:28 PM

Why is my Bitcoin private key so much shorter than my PGP private key - Bitcoin Stack Exchange
Stack Exchange network consists of 174 Q&A communities including Stack Overflow, the largest, most trusted online community for developers to learn, share their knowledge, and build their careers. By using our site, you acknowledge that you have read and understand our Cookie Policy, Privacy Policy, and our Terms of Service. My PGP key takes up a huge, multi-line block of text, but my Bitcoin private key is just a small string. Yet both are considered extremely secure. Why is my PGP private key so long? GPG keys are usually RSA keys. RSA keys are based on the difficulty of the factorization. Keys are usually 2048 or 4098 bits.

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