Archive for December, 2013

Overstock.com to accept Bitcoin in 2014

CNN is reporting that Overstock.com will begin accepting Bitcoin for purchases made on its site, starting in the second quarter of 2014. Pretty big news for cryptocurrency—Overstock is the largest U.S. retailer to announce support for Bitcoin thus far. Hopefully the news will cause others to take notice. Update 1/9/2014: That was quick—Overstock went live […]

Bitcoin loses nearly half its value overnight

No doubt most of you have already noticed the huge drop in cryptocurrency prices over the last 24 hours. If you’re wondering what’s going on, China’s central bank has ordered all Chinese Bitcoin exchanges to stop accepting new deposits, which triggered a massive sell-off. CNBC has a pretty good write-up of the story here. Many […]

Spotted on Twitter: Beer for Bitcoin?

Heineken tweeted out a tacit endorsement of Bitcoin yesterday, and the folks at BitPay are taking notice: Beer and Bitcoin, together soon? More likely, this is Heineken simply capitalizing on some free publicity by taking advantage of Bitcoin’s popularity, but we can hope!

One million!

This little site had its millionth visitor today, and I just wanted to take a minute to say thank you to everyone for all of the kind words that I’ve received via comments and email over the past few months. Hearing from hundreds of people around the world that are passionate about cryptocurrency has made […]

CNN asks: can Bitcoin replace Paypal?

CNN currently has a front page story up that asks whether or not Bitcoin will eventually replace Paypal. Interesting timing, as earlier today CNET ran a short piece in which Paypal president David Marcus expressed his enthusiasm for Bitcoin, and admitted that he even owns some. Marcus seems to get Bitcoin. My guess is that […]

Radeon R9 280X GPU & mining: preliminary results

Now that the excellent Radeon 7950 video cards have essentially become unobtainable, I’m getting a lot of questions from people about how to get the most out of the new Radeon R9 280X in terms of mining. I managed to get my hands on a few Sapphire 280X cards this past week, and have done […]

Police chief’s salary to be paid in bitcoin

Commissioners in Vicco, Kentucky have approved a measure to begin paying the city’s police chief in bitcoin, starting this month. From the article: Police Chief Tony Vaughn appeared before the commission last month to officially request that his salary be paid to him in Bitcoin, a new virtual currency which exists only on the Internet […]