bitcoins

  • Humint Proposes A Way To Recover The Lost Treasures Of Mt. Gox

    Humint Proposes A Way To Recover The Lost Treasures Of Mt. Gox

    Like the King Solomon's Lost Mines or the treasures of the Spanish Main, the 750,000BTC lost in the Mt. Gox implosion isn't gone - it's just really, really hard to get back. The solution, then, is a sort of treasure hunt/dedicated vigilante mission with a bit of crypto thrown in. It's called Goxcoin. Read More

  • Bitfash Converts Your Bitcoins Into Fashion From Top Brands

    Bitfash Converts Your Bitcoins Into Fashion From Top Brands

    Is your Bitcoin stash burning a hole in your digital wallet? Bitfash is a new startup that wants to help you spend your bitcoins on clothing from top fashion brands. Based in Australia and China, Bitfash serves as an intermediary between retailers and shoppers, allowing them to browse online stores through its web platform. Purchases are completed by paying bitcoins to Bitfash, which then… Read More

  • Bitcoin Miners Are Racking Up $150,000 A Day In Power Consumption Alone

    Bitcoin Miners Are Racking Up $150,000 A Day In Power Consumption Alone

    There's a gold rush going on these days, or a Bitcoin rush, at least. Driven by the recent swings in the value of a Bitcoin, more and more people are learning about and becoming interested in the currency. While they could just buy Bitcoins at the current market rate, others are looking to try their luck at mining Bitcoins. And like prospectors who traveled west during the Gold Rush of the 19th… Read More

  • How To Mine Bitcoins

    How To Mine Bitcoins

    Mining bitcoins – a process that helps manage bitcoin transactions as well as create new “wealth” – is the new Beanie Babies. Luckily for us, however, bitcoins seem to be going up in value and should maintain their value over time, unlike your mint condition Tiny the stuffed Chihuahua. But how do you get bitcoins? You can begin by buying them outright, but the market is… Read More

  • Bitcoin And The End Of Money

    Bitcoin And The End Of Money

    A commentator on Bloomberg, Princeton student Evan Soltas, writes that Bitcoin is an "existential threat to the modern liberal state," a line that can be read in two ways. One reading of his op-ed suggests we are all in danger and that the inability to tax and track bitcoins will result in a thriving black market and reduced fiscal control that will be disastrous for all of us. Taken another way … Read More

  • The Business Of Bitcoin: Entrepreneurs See Opportunities In Alternative Currencies

    The Business Of Bitcoin: Entrepreneurs See Opportunities In Alternative Currencies

    After some prominent press (and some prominent naysaying), Bitcoin has suffered a bit of a crash, falling from a high in the twenties to about of $3 USD today. Interestingly, however, the intensity with which users, experimenters, and entrepreneurs are still supporting what could best be termed a movement has not waned. The money to be made in this space is in the creation of an intelligent… Read More