Bitcoins

Bitcoin Mining Boom Sputters as Prospectors Face Cash Losses

April 12, 2014
Bitcoin Mining Boom Sputters as Prospectors Face Cash Losses

By Olga Kharif, businessweek.com The bitcoin mining rush is sputtering. Speculators, known as miners, use powerful computers to solve complex software problems and verify transactions […]

The bitcoin mining rush sputters as profitability wanes

April 12, 2014
The bitcoin mining rush sputters as profitability wanes

By Olga Kharif, irishtimes.com The bitcoin mining rush is sputtering. Speculators, known as miners, use powerful computers to solve complex software problems and verify transactions […]

MultiBit User’s Loss Highlights Need for New Bitcoin Wallets

April 10, 2014
MultiBit User’s Loss Highlights Need for New Bitcoin Wallets

By Danny Bradbury, Coindesk.com The developer of popular bitcoin wallet MultiBit is battling a wave of criticism this week after a user suggested that a […]

Central Washington Home To Nation’s Biggest Bitcoin ‘Mine,’ More Coming

April 8, 2014
Central Washington Home To Nation’s Biggest Bitcoin ‘Mine,’ More Coming

By Tom Banse, opb.org Here’s a surprising fact: the largest bitcoin “mine” in North America is located on the outskirts of Wenatchee, Wash. It’s not […]

Bitcoin 101: A Simple Explanation

April 8, 2014
Bitcoin 101: A Simple Explanation

josic.com There has been so much talk globally about bitcoins, many may be wondering what the heck they are and how people get them. While […]

What is the Carbon Footprint of a Bitcoin?

April 7, 2014
What is the Carbon Footprint of a Bitcoin?

By Danny Bradbury, Coindesk.com Just how much carbon dioxide do we produce when we mine a bitcoin? It’s becoming an increasingly important question. After all, […]

bitcoin is slowly but surely going mainstream with consumers

April 7, 2014
bitcoin is slowly but surely going mainstream with consumers

By Michael Hatamoto, tweaktown.com The bitcoin cryptocurrency has hit a few bumps in the road, but consumers now find it easier to make purchases and […]

The US Tax Man Speaks For The First, But Not Last Time

April 6, 2014
The US Tax Man Speaks For The First, But Not Last Time

By Brian Klein, Coindesk.com Brian Klein is partner at the litigation boutique Baker Marquart LLP and chair of the Bitcoin Foundation’s legal advocacy committee. Klein […]

Bitcoin crackdown halts bank transfers for two exchanges

April 5, 2014
Bitcoin crackdown halts bank transfers for two exchanges

By Michael Kan, computerworld.com IDG News Service – China may be tightening the noose around Bitcoin: two exchanges dealing in the virtual currency have been […]

Libra Promises Bitcoin Tax Service to Ease Compliance With IRS Guidance

April 3, 2014
Libra Promises Bitcoin Tax Service to Ease Compliance With IRS Guidance

By Danny Bradbury, Coindesk.com Remember when we wondered whether someone would develop a service to help you keep track of the capital gains on bitcoins? […]

Texas gun dealers draw tech crowd with bitcoin

April 2, 2014
Texas gun dealers draw tech crowd with bitcoin

By Nick LaFave, arklatexhomepage.com Gun buyers are about to get a lot more bang for their bitcoin. The digital currency that’s generated controversy with the […]

First Bitcoin ATM in Israel debuts

April 1, 2014
First Bitcoin ATM in Israel debuts

By NIV ELIS, jpost.com Israel’s first ATM for obtaining bitcoins debuted on Sunday evening at the Bitcoin emBassy, a non-profit group devoted to spreading the […]

Bitcoin club at Ohio State seeks student customers

April 1, 2014
Bitcoin club at Ohio State seeks student customers

By Collin Binkley, dispatch.com Gabriel Coe’s speech quickens as he explains why he embraced Bitcoin. It’s a digital currency with no need for banks. There’s […]

Bitcoin Scam – MTGox Finds 200,000 Behind Sofa, How Many More Hidden in old Socks, Coat, Shoes?

March 30, 2014
Bitcoin Scam – MTGox Finds 200,000 Behind Sofa, How Many More Hidden in old Socks, Coat, Shoes?

By Nadeem_Walayat, marketoracle.co.uk MtGox which stands for ‘Magic the Gathering’ and not ‘Mount Gox’ that the mainstream broadcast press still mistakenly reports it as, has […]

Bitcoin Trading: Will the Cryptocurrency Close the Day Above $500?

March 30, 2014
Bitcoin Trading: Will the Cryptocurrency Close the Day Above $500?

By Mike McAra, Coindesk.com At my firm, we’ve long been discussing Mt.Gox’s fall and the credibility of its claims that its Bitcoins might have been […]

Bitcoin Weekly 2014 March 26: IRS to tax bitcoins as property, Kraken exchange implements reserves audit, MtGox found 200k missing coins

March 27, 2014
Bitcoin Weekly 2014 March 26: IRS to tax bitcoins as property, Kraken exchange implements reserves audit, MtGox found 200k missing coins

By Kyt Dotson, siliconangle.com “Bitcoins will be taxed as property, not currency,” the IRS has made official in a policy statement when it comes to […]

6 facts about bitcoins

March 27, 2014
6 facts about bitcoins

By Guest, forexcrunch.com The price of one bitcoin has plunged so far this year and is around 50% lower than it was in December 2013, […]

Today in Gox: Police on the Case, More Coin Rumors

March 27, 2014
Today in Gox: Police on the Case, More Coin Rumors

By Jon Southurst, Coindesk.com Mt. Gox rose again today to announce it is now working with Japanese police to investigate what happened to the bitcoins […]

Reader’s Watchdog: Grassley dives into Bitcoin fray after Iowan gets burned

March 25, 2014
Reader’s Watchdog: Grassley dives into Bitcoin fray after Iowan gets burned

By Lee rood, desmoinesregister.com U.S. Sen. Chuck Grassley is contacting five federal investigative agencies on behalf of an Iowa man who reached out to the […]

Local businesses are slow to buy into Bitcoin’s value

March 25, 2014
Local businesses are slow to buy into Bitcoin’s value

By CHUCK SODER, crainscleveland.com Frank Revy admits he “might be losing product three dollars at a time” whenever he sells a cup of coffee to […]

What’s In Your Virtual Wallet? Durham Bakery Accepts ‘Bitcoin’

March 25, 2014
What’s In Your Virtual Wallet? Durham Bakery Accepts ‘Bitcoin’

By Leoneda Inge, wunc.org If you have never heard of a “Bitcoin,” you are not alone. Even though the digital currency continues to get a […]

First machine to accept bitcoins and return cash launched in Singapore

March 25, 2014
First machine to accept bitcoins and return cash launched in Singapore

By Rachael Boon, straitstimes.com Singapore’s first machine that can accept bitcoins and return cash opened at Bartini Kitchen in Boon Tat Street on Monday. It […]

Bitcoin Prices Move in a Tight 15$ Range

March 24, 2014
Bitcoin Prices Move in a Tight 15$ Range

By Fx_Livermore, forexnews.com Bitcoin prices moved in a tight 15 points range today. The lowest low marked on BTC-E stands at $562.45, the highest high […]

Mt. Gox finds 200,000 bitcoins — about $114M

March 24, 2014
Mt. Gox finds 200,000 bitcoins — about $114M

theolympian.com Mt. Gox, the Tokyo-based Bitcoin exchange that collapsed and filed for bankruptcy last month, said it had found 200,000 bitcoins that were held in […]

MT. GOX: We Just Found 200,000 ‘Forgotten’ Bitcoins

March 23, 2014
MT. GOX: We Just Found 200,000 ‘Forgotten’ Bitcoins

By Sophie Knight, businessinsider.com Mt. Gox said on Friday it found 200,000 “forgotten” bitcoins on March 7, a week after the Tokyo-based digital currency exchange […]