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Bitcoin mining operation tops world’s fastest supercomputers

, May 13th 2013 Discuss [0]

...power in order to process the creation of Bitcoins (similar to Folding@Home). In fact, ... may be quick to point out that Bitcoin mining technically doesn't operate using FLOPS... there's no serial number attached to Bitcoins, so they're untraceable, making it a...

PayPal considers accepting BitCoin payments

, May 4th 2013 Discuss [0]

... Donahoe is considering ways of implementing BitCoins into PayPal's digital transaction network.... the real world. The value of Bitcoins has skyrocketed, with its current .... Donahoe says that by implementing Bitcoin into PayPal, the company would ...

E-Sports Entertainment involved in bitcoin mining scandal

, May 1st 2013 Discuss [0]

... administrators. They wanted to see if the bitcoin miner would offer any benefits to .... The employee, not Thunberg, enabled the Bitcoin miner which operated on an idle ... the miner only generated $280 worth of Bitcoins, but after further investgation, it was ...

Total value of Bitcoin surpasses $1B

, Mar 30th 2013 Discuss [0]

...92, and there is nearly 11 million Bitcoins currently in circulation. It was only .... BitPay, one of the most popular Bitcoin payment processors, reported that in March alone, they processed $2 million worth of Bitcoin transactions, which accounts for 66% of...

The value of Bitcoins skyrockets

, Mar 6th 2013 Discuss [0]

...to a new partnership between two major Bitcoin backers, Mt. Gox and Coinlab. ... this transition process. American and Canadian Bitcoin holders will be transferred over to ... and easy experience when trading with Bitcoins. Many services are starting to adapt...

Skype trojan turns your computer into a Bitcoin miner

, Apr 6th 2013 Discuss [0]

... that is turning PCs into Bitcoin miners. So far, victims are... do mathematical calculations for the Bitcoin network to confirm transactions and... the process it runs as bitcoin-miner.exe. The malware connects... that the value of a Bitcoin was $92, a number that...

Winklevoss twins claim to own 1% of all Bitcoins

, Apr 12th 2013 Discuss [0]

...haven't been going so well for Bitcoin recently. This week the value of ...the price drop. Another interesting thing about Bitcoin has come to light recently and ...claimed that they own 1% of all Bitcoins in circulation. There are currently 10....

Bitcoin mining costs real world money

, Apr 15th 2013 Discuss [0]

... rising popularity of the digital currency Bitcoin, attempts to digitally mine the ...According to TechCrunch, the mining of Bitcoins is performed by unlocking blocks of... costs more than digitally unearthed bitcoins are worth. [via TechCrunch] [timeline]...

SlashGear Weekend Wrap-Up: April 6th, 2013

, Apr 6th 2013 Discuss [0]

... court invalidated Apple's slide-to-unlock patent. A Skype trojan has been reported to be going around globally, turning PCs into Bitcoin miners, and HP chairman Raymond Lane has decided to step down from his position. That's all for today's Weekend Wrap-...

Mega now accepts Bitcoin as payment, also hints at e-mail, chat, voice expansion

, Feb 16th 2013 Discuss [0]

...to Megaupload, will now be accepting Bitcoin as payment for its cloud ... purchase your Mega service with Bitcoin through Mega's newest reseller,... is operated by only the Bitcoin network. This allows everyone to ... from 500GB for 0.5150 Bitcoin to 4TB for 1.5462...

WordPress now accepting Bitcoin digital currency

, Nov 15th 2012 Discuss [0]

... currency rather than the traditional option. Bitcoin is a digital currency that ... have a central authority. Wordpress's Bitcoin payments are processed by BitPay.com...account credit will not get a Bitcoin option due to "technical complications."...