Coinbase today announced that they’ll be waiving all fees on 11/29 in celebration of Bitcoin Black Friday. If you’ve been wanting to buy, sell, or trade bitcoin, it won’t cost you a Satoshi at Coinbase this Friday. Coinbase is probably one of the more reliable and trustworthy exchanges available at the moment, if you’re not […]
Archive for 2013
mcxNOW exchange shutting down temporarily; get your coins out before Dec 20th


mcxNOW just put out notice that they’ll be shutting down temporarily on December 20th to work out some technical issues. The exchange is apparently a one-man operation, and going dark for a month or three to work out the system kinks was deemed the best option. If you use mcxNOW, it’s probably a good idea […]
Buckle up: Virgin Galactic now accepting Bitcoin


Virgin Galactic today announced that your bitcoins can be used to secure a trip into space. So, recent bitcoin millionaires: what better way to celebrate your newly-acquired crypto-fortune than a ride on Virgin’s SpaceShipTwo? Ticket reservations are a cool $250,000 USD—or about 340 bitcoins at current exchange rates. First sandwiches, now spaceship tickets. It’s been […]
PSA: Amazon Prime is awesome, free for 30 days


For those of you ordering mining rig parts from Amazon, you can get yourself a free 30 day trial of Amazon Prime, which entitles you to free 2-day shipping (and a host of other benefits, including a streaming video library that is on par with Netflix’s service). You can cancel your Prime trial immediately after […]
Radeon 7950 GPUs are becoming scarce


Many of you have contacted me recently asking for my opinion of x brand/model of 7950 GPU, given that some of the top choices from my mining hardware guide are sold out everywhere. Thought I’d throw up a quick post with some of the best alternatives for those of you that are looking to build […]
Today’s Senate hearing on Bitcoin: surprisingly reasonable


This afternoon’s Senate hearing regarding the future of Bitcoin and other cryptocurrencies went quite well. In fact, the Washington Post is calling the hearing a “Bitcoin Lovefest.” It seems that many of the top US government officials recognize the potential value of Bitcoin, as well as the danger of stifling innovation by attempting to regulate it. […]
Please be reachable if you purchase one of my custom mining rigs!


Just a quick note that I have been unable to reach a couple of the people that have purchased a custom mining rig from me over the past few days. I need to be able to reach buyers so that I can gather mining pool worker credentials and some other information in order to set […]
Max Keiser predicts $50+ for Litecoin


Looks like Max Keiser agrees with my long-term prediction for Litecoin. He tweeted this morning that he expects Litecoin to hit $50. LTC hit a record high earlier today, reaching nearly $6.50 before pulling back a bit.
ASRock releasing mining motherboard


ASRock announced today that they’re releasing a motherboard that is specifically targeted at GPU miners. Although ASRock is marketing it as a “bitcoin mining” motherboard, it’ll likely prove far more interesting to scypt-based coin miners (litecoin, etc), as bitcoin mining is now pretty much the realm of ASIC-based hardware. The H81 Pro BTC has 6 […]
On mining profitability


With the price of litecoin and bitcoin on the rise, I’ve received a tremendous amount of email over the past couple weeks from people wanting to know whether or not it’s “too late” to get into mining. Or how soon one can expect to break even on a new mining rig purchase. Or what my […]