CoinTerra Unveils 1 Petahash Hosted Mining Contracts


Bitcoin mining ASIC processor and systems manufacturer CoinTerra has announced it will offer hosted mining contracts.
The Austin-based company says customers can now purchase plans ranging from 200 gigahashes (GH/s) to more than 1 petahash (PH/s) with immediate deployment.
CoinTerra framed the move as an extension of its mission to bring bitcoin mining to more consumers around the globe.
Ravi Iyengar, CoinTerra’s CEO, explained:
 “Many prospective bitcoin miners don’t have the space or power requirements to operate their own bitcoin mining hardware, especially at scale. In addition, some foreign countries have import restrictions on advanced cryptocurrency hardware or punitively high duties"

The new contract offering, Iyengar said, would allow these consumers broader access to bitcoin mining products.
The hosted mining service will be powered by TruePeta, a new scalable system built on top of the company’s GoldStrike I ASIC and TerraMiner platform, which hit its tape-out stage in December. CoinTerra shipped its 5,000th TerraMiner unit in April.
Still, while the offering is likely to find demand in the current market, not all consumers have been satisfied with CoinTerra’s service to date, as the company, like many other consumer-focused mining companies, has struggled with performance and delivery issues.

Entering the market

CoinTerra said it now offers a range of hosted hosted mining plans, starting at $999 for a 12-month 200GH/s rental. One PH/s mining contracts, the release suggested, would require a two-year commitment.
Given that CoinTerra manufactures its own equipment, CTO Timo Hanke suggested that the move will allow the company to deploy orders more rapidly than its established competitors in the hosted mining space.
Further, he added that the company is able to provide a host of extra services as well, stating:
The systems are monitored by a team of experienced engineers, ensuring 24/7 uptime in a controlled and secure managed environment.

see more : source

ATM Maker Diamond Circle to Launch Bitcoin Debit Card


Bitcoin ATM maker Diamond Circle has announced it will launch a bitcoin debit card this week at the Bitcoin 2014 Conference in Amsterdam, in conjunction with its UK distributor Swiftbitz.
Diamond Circle claims the card will only work with its own two-way, cashless bitcoin ATM, its forthcoming merchant point-of-sale (POS) solution and via its online exchange.
This is a contrast to other bitcoin debit cards tied to established card payment networks like UnionPay, which can be accepted in a majority of outlets without the merchant possessing any bitcoin-specific technology.
The debit cards utilize contactless near-field communication (NFC) technology and will be issued via Diamond Circle’s ATM operators, retail merchants, independent distributors and on the company’s website.
Furthermore, the cards will be linked to the user’s wallet and may hold up to nine fiat currencies as well as bitcoin.
The bitcoin exchange rate incurred with transactions will be based on prevailing market rates at the time of use, the company says.

Closed ecosystem

Diamond Circle, which based in Australia, is currently developing a range of devices that promote easy access and secure storage for bitcoin users. This includes the ATM machines mentioned previously, POS card/wallet readers for merchants, and a variety of bitcoin hardware wallets in the form of NFC discs and cellphone ‘stickers’.

 source : here

Mt. Gox Rumoured to be Insolvent

 Mt. Gox Allegedly Loses $350m in Bitcoin (744,400 BTC), A document has surfaced suggesting that troubled Japan-based bitcoin exchange Mt. Gox will close for one month as part of a four-step rebranding plan, and that CEO and former Bitcoin Foundation board member Mark Karpeles will step down from his executive position as part of the process.
The bitcoin price has been tumbling all morning amid the news, hitting a low of $419 so far.
Entitled “Crisis Strategy Draft,” the document suggests the company’s increasingly dire financials are greatly impacting the decision. By Mt. Gox’s own estimates, it has only 2,000 BTC and approximately $22.4m in fiat currencies in its possession.
The document was first reported by Ryan Galt, aka the Two-Bit Idiot, who later confirmed to CoinDesk:


The document is branded with the current Mt. Gox logo and a redesigned version, and claims to have detailed inside knowledge of Mt. Gox and its financial affairs, but appears to be written by a team external to Mt. Gox’s current management.

The document is publicly available for viewing here and embedded below this article.

According to the leak, Mt. Gox has lost close to 744,408 BTC or $350m at current prices, and faces an unconfirmed additional $55m in fiat liabilities. The company suggests that theft related to transaction malleability has been ongoing for several years, but was not reported by the company.

We can assume now that withdrawals will not recommence, at least not in the foreseeable future. Customers with Mt. Gox accounts will not be receiving their bitcoins or possibly even other currencies in what is effectively an insolvency, though no-one in an official position is using that word.

At Japan time on the eve of the statements, Japan’s finance and banking regulator the Financial Services Agency (FSA) said it would not be intervening in the issue as it did not view supervision of digital currency exchanges as part of its obligations.

 see the complete article in here

Bitcoin Prices Down


Bitcoin Prices Down As Mt. Gox Concerns Escalate, Uncertainty about the future of major bitcoin exchange Mt. Gox is growing in light of its recent decision to take down its website amid escalating, as-yet-unconfirmed rumors that it has been the victim of widespread theft and could be nearing a lengthy or even permanent shutdown of its services.
Mt. Gox, through intermediary sources, told CoinDesk that it has no comment on the news at this time.
Now, the market is reacting to the lack of information about the developments.
At press time, prices at major bitcoin exchanges have recorded steep declines in just the last few hours, fueled by consumer uncertainty about the impact of a worst-case scenario at the once-leading bitcoin exchange.

After holding steady at roughly $550 throughout most of the day, the price of bitcoin on BTC-e declined sharply to a low of $480. From 9:00 pm to 12:00 pm EST, the exchange saw prices fall rapidly from $546.
The price of namecoin, novacoin, peercoin and primecoin also declined on the news.

 for more information this source : here

Playboy Accept bitcoin

Ringkasan ini tidak tersedia. Harap klik di sini untuk melihat postingan.

Overstock.com Accept Bitcoin




Overstock accept bitcoin, this news comes on the 10th of January, Beginning of the tweet overstock ceo, 

That figure amounts to around 4% of daily revenues, based on the firm’s 2012 figures.
He also added in an interview with CNN that he believed Amazon would be forced to take bitcoin at some point, as the market is growing by 30% per month.

Menimbun Bitcoin ? Wallet Online Tempatnya



Menimbun bitcoin menrupakan hal yang paling sering dilakukan orang-orang untuk saat ini, hal ini dipengaruhi oleh semakin terkenalnya bitcoin, tetapi ada hal-hal yang masih sangat membingungkan dalam hal bitcoin, banyak kalangan yang menilai bitcoin tidak bisa digunakan sebagai barang jual beli ataupun investasi, tapi tidak banyak juga yang menganggap bitcoin sebagai barang investari yang sangat menjanjikan.

Ancaman yang nyata bagi pengguna bitcoin adalah bisa hilang diserang virus dan peretas (hacker) dan juga bisa terserang sebuah virus yang ditanamkan bersama dengan bitcoin tersebut.

Sehingga salah satu alternatif terbak adalah menyimpan bitcoin tersebut dalam dompet/wallet online, sehingga komputer pribadi kita aman dari virus ataupun hacker. menimbun bitcoin di situs-situs penyimpanan bitcoin memiliki alasan karena sistem proteksi khusus yang tersedia di sana.

Dompet bitcoin itu hanya berupa angka dan kode kriptografi. diantaranya adalah coinbase dan blockchain yang bisa menjadi penyimpan bitcoin karena punya sistem sendiri yang bisa melindungi bitcoin dari serangan virus.

Setelah login di blockchain biasanya para pengguna diberikan hidden typer dan password. Maka itu, hanya ada satu risiko yang bisa membuat bitcoinnya hilang di dua situs tersebut.

kalau lupa password akun di blockchain ya hilang bitcoinnya. Biasanya kalau di e-mail kan ada recovery, kalau di blockchain tidak ada. Lupa password atau hidden typer ya habis sudah, seperti halnya kita kehilangan dompet didunia nyata.

Mt. Gox : "Penundaan Dukungan untuk litecoin"


Raksasa bitcoin pertukaran Mt. Gox telah menunda rencana untuk mendukung cryptocurrency litecoin, menyusul serangan lain DDoS bulan lalu.
Sebelumnya Pertukaran bitcoin berbasis di Tokyo telah mengumumkan rencana untuk mendukung alternatif bitcoin. Namun, ditunda bergerak setelah serangan terbaru, yang terjadi pada malam 21 April.
Namun demikian, perusahaan Mt. Gox mengumumkan masih berencana untuk mendukung litecoin "segera".
"Kami berencana untuk melakukannya dua minggu lalu, tapi kejadian tergelincir bahwa rencana," kata sebuah pernyataan dari Mt. Gox. "Saat ini kami fokus pada stabilitas keseluruhan pertukaran, dan akan meluncurkan LTC (litecoin) ketika kita siap. Kalau tidak, kita bisa hal-hal lebih rumit. "
Litecoin perdagangan di BTC-e, di mana itu layak hanya sedikit lebih dari $ 4 (AS) pada waktu tekan.