With the recent Senate hearings that could determine Bitcoin’s fate (in the U.S. at least) there’s one word that’s been on the tip of many a tongue: Regulation. We’re told that Bitcoin could fund terrorism, fuel the “wrong” side of the drug war and even promote that hottest of hot-button issues: child pornography. The answer, […]
The post Democratic Currency:
Why Bitcoin is So Hard to Regulate appeared first on Coding In My Sleep - A Bitcoin Blog.
from Democratic Currency:Why Bitcoin is So Hard to Regulate
It occurred to me the other day that I’ve spent a lot of time explaining Bitcoin to people. There’s a sort of “standard formula” for explaining Bitcoin that works most of the time, but sometimes you run across a difficult point or just explain Bitcoin to an interesting person or in an interesting way – […]
from Explaining Bitcoin: Greg Dean
The challenging thing about writing the Bitcoin news is that there are so many things always happening that it’s difficult to decide what’s important and what isn’t. Even more difficult is sourcing your information in a culture built around anonymity and secrecy. Every once in a while, though, something shows up from an already-vetted, trustworthy […]
The post Another Day in Bitcoin History:
The Million Dollar Purchase appeared first on Coding In My Sleep - A Bitcoin Blog.
from Another Day in Bitcoin History:The Million Dollar Purchase
Everywhere you turn it seems someone is trying to convince you that ASIC mining is no longer profitable and you should just pack it in before you even start. “I already sold all my miners on eBay” they say. “You’ll never see ROI” they say. But is it really true? Is ASIC mining really unprofitable? […]
The post Is ASIC Mining Unprofitable? Depends on Your Definitions. appeared first on Coding In My Sleep - A Bitcoin Blog.
from Is ASIC Mining Unprofitable? Depends on Your Definitions.
I’ve long been a fan of coinbase as a quick and easy way to get some bitcoins – as a matter of fact, I seldom feel the need to carry coins in a phone wallet any more since I can simply purchase a few as needed and send them straight from the coinbase app on […]
The post Want Instant Coins? Coinbase Wants to See Your Credit Card appeared first on Coding In My Sleep - A Bitcoin Blog.
from Want Instant Coins? Coinbase Wants to See Your Credit Card
Something big happened yesterday that is either one of the best or worst things to ever happen to Bitcoin: The Silk Road (SR), a popular online “free market” was shut down by the FBI. There was a tremendous surge of speculation and bad information when this story broke that I decided early on I was […]
from The Silk Road: A Sane Postmortem
BitSyncom is one of the oldest ASIC manufacturers, responsible for the Avalon line of products. Today they have announced that their next-gen mining equipment is going to be sold in an auction format thanks to a strategic partnership with Bitcoin exchange Tradehill and a shiny new business model sure to be the envy (or laughing […]
The post BitSyncom ASIC Miners Anounced: Will be Auctioned on Tradehill appeared first on Coding In My Sleep - A Bitcoin Blog.
from BitSyncom ASIC Miners Anounced: Will be Auctioned on Tradehill
One of the bigger pieces of Bitcoin news lately is of course the foundation of SecondMarket’s Bitcoin Investment Trust (BIT). If, like me, you frequent the Bitcoin subreddit, you’ve probably seen the news posted a dozen times by now. If, like me, you also read the comments on Reddit then you also know that a lot […]
from Does Bitcoin Need a Private Trust?
It’s no secret that I’ve got a complicated relationship with YouTube. As a platform and a community I think it’s pretty amazing, but from the perspective of a content creator it’s also pretty terrible in some fairly important ways. One of the terrible things I’ve butted heads with repeatedly is that YouTube, like certain people […]
from Do We Need a Bitcoin-Based Video Platform?
So I quit my job to work for BitcoinStore and spent the entire first day breaking all of my old employer’s stupid draconian rules – some of which, perhaps, shouldn’t have been broken… Category: ComedyUploaded by: Coding In My SleepHosted: youtube No tips yet.Be the first to tip!Tip With Bitcoin16Vyf4mUfv6Xkb9dR6Z1AJ5vCeKhsCtinJEach post gets its own unique […]
from No Rules Day!
So as many of you may be aware I recently quit my traditional day job to work for BitcoinStore. What you probably don’t know is just how much I hate rules. I don’t mean the useful kind of rules like “let’s all not kill each other” or “don’t steal things that don’t belong to you” […]
from No Rules Day!
I’ve been hearing the same sort of thing from a lot of my friends lately: Usually it’s some variant of “You’re good with this Bitcoin stuff, you should quit your job and do it full time.” Well, friends, I’ve been listening.A lot of my friends and colleagues have done just that, gone full-time Bitcoin, but […]
from Full-Time Bitcoin!
Big news from Bitcoin ASIC Builder Butterfly Labs: Their next ASIC will be 28nm and will feature a PCIe form factor that should make former GPU miners pretty happy and other manufacturers at least a little envious. The card will feature BFL’s second generation of ASIC created with a 28nm process. BFL’s current architecture is […]
The post BFL Introduces Next-Gen 28nm ASIC – and It’s a PCIe Card appeared first on Coding In My Sleep - A Bitcoin Blog.
from BFL Introduces Next-Gen 28nm ASIC – and It’s a PCIe Card
In which I meet some clever hardware hackers at Defcon who built this awesome Bitcoin vending briefcase. Like what you see? Donate with Bitcoin to 1JqU22aWrvRkCSiXG4LmoNDX6bSya2fp2T Each video has its own unique Bitcoin address and your donations not only help me keep doing what I do but tells me what you liked. Vote with your […]
from The Infamous Defcon Bitcoin Briefcase
Many of you are, no doubt, aware that I recently got to attend my first Defcon. A few newsworthy things happened and I got some good video and other materials – but I also got the Rio Plague (or as I’m calling it, the “Defcontagion”) and the moment I was better I got slammed at […]
from The Infamous Defcon Bitcoin Briefcase