bitcoin

Razer SoftMiner uses your GPU to mine cryptocurrency, but you don’t get the coins

Razer SoftMiner uses your GPU to mine cryptocurrency, but you don’t get the coins

A new set of programs was introduced this week by Razer to entice users with Razer Silver. One of these programs is Razer SoftMiner, a desktop app that Razer suggests "utilizes the idle GPU processing power of gamers’ battle stations to solve complex blockchain-based puzzles on the back-end." Wow, you might be saying, that's cool that Razer made a Bitcoin Miner so people can easily earn cryptocurrency on their home PC - but it's not quite that simple.

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Ohio becomes first state to accept tax payments in Bitcoin

Ohio becomes first state to accept tax payments in Bitcoin

Ohio has become the first state to accept tax payments in the form of Bitcoin. The cryptocurrency, though not as valuable as it once was, continues to be a popular cash alternative; it's accepted by a number of online retailers and now, in at least one state, as a currency for paying tax debt. The new support went live today and covers 23 different tax debt categories.

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Bitcoin firm bankrupt, owes millions

Bitcoin firm bankrupt, owes millions

As the value of bitcoin fell below $5k this week, a cryptocurrency mining firm Giga Watt declared bankruptcy. The US-based bitcoin mining firm currently owes creditors millions of dollars - US dollars - and filed for Chapter 11 bankruptcy in an Eastern District of Washington court on Monday, the 19th of November, 2018. They currently owe over $7-million to creditors.

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New York awards first Virtual Currency License to Bitcoin ATM operator

New York awards first Virtual Currency License to Bitcoin ATM operator

The New York Department of Financial Services has approved Coinsource's application to install Bitcoin ATMs. The application process took three years, including review and approval, according to Coinsource, which is now one of a dozen companies to get a Virtual Currency License. Coinsource is unique as the only Bitcoin ATM operator to get the approval.

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Bitcoin may rapidly push Earth past global warming tipping point

Bitcoin may rapidly push Earth past global warming tipping point

A new study warns that Bitcoin and other cryptocurrencies like it could help push the Earth's temperature past the 2°C global warming threshold in only a couple decades. The reason lies in how bitcoin and similar digital money works: by utilizing substantial hardware resources, gobbling up electricity and helping fuel harmful emissions.

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HTC Exodus 1 will cost you Bitcoin or Ethereum

HTC Exodus 1 will cost you Bitcoin or Ethereum

The HTC Exodus 1 is a smartphone with dapps, apps that require blockchain technology to function. This phone also functions as a hardware wallet for cryptocurrency such as Bitcoin or Ethereum. The phone was put on sale today on pre-order, and users can ONLY pay in either Bitcoin or Ethereum (BTC or ETH).

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NVIDIA earnings sign death knell for Bitcoin farming

NVIDIA earnings sign death knell for Bitcoin farming

NVIDIA Q2 earnings today reported the complete wipe-out of expected earnings from cryptocurrency-specific products in the future. This comes after this Q2's expected earnings in crypto hardware were $100m for the company, but turned out to be just $18m. As NVIDIA's statement suggests, "Whereas we had previously anticipated cryptocurrency to be meaningful for the year, we are now projecting no contributions going forward."

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ASUS Bitcoin miner motherboard runs 20 GPUs at once

ASUS Bitcoin miner motherboard runs 20 GPUs at once

ASUS is taking an interesting angle with its latest high-end motherboard. While we'd expect many motherboards coming from ASUS to be aimed at gamers or mainstream PC builders, this new one is all about cryptocurrency mining. Say hello to the ASUS H370 Mining Master motherboard.

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Bitcoin price drop: A prize-laden puzzle

Bitcoin price drop: A prize-laden puzzle

Bitcoin prices broke their months-long uptrend in December of 2017 and for the first time since then, it might be time for the downfall to re-up. We're looking for flags, likelihood of reversals, and the larger upward trend. Looking at any one of these elements might lead you to believe that Bitcoin's price in USDT isn't about to jump - not right this moment, anyway.

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Bitcoin price manipulation probe underway at Justice Department

Bitcoin price manipulation probe underway at Justice Department

The US Department of Justice is investigating possible cryptocurrency price manipulation, at least according to sources that have leaked the probe. According to the tipsters, the DOJ has teamed with the Commodity Futures Trading Commission (CFTC) to determine whether some traders have or had been manipulating the price of cryptocurrencies like bitcoin. The sources say this is a criminal probe.

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What is Bitcoin? Let AI explain

What is Bitcoin? Let AI explain

If you want to know what Bitcoin is and haven't been able to understand anyone trying to explain, boy do we have a video for you. This video comes from the folks at Botnik Studios. They're a team of creatives and/or engineers making artificial intelligence a tool for some of the strangest stuff I've ever seen before. They're using AI like a paintbrush, and the canvas is your mind.

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Bitcoin price rallying thanks to Japan and Buterin

Bitcoin price rallying thanks to Japan and Buterin

In Japan this week was a tip about Japanese exchange Monex moving to take over the exchange known as Coincheck. Said takeover would be a muilti-billion-Yen bid, and a big bump to public confidence in bitcoin and cryptocurrency in general. Monex is a regulated public company. As such, Monex tossing billions at a cryptocurrency exchange is nothing to scoff at.

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