CNN is reporting on a “bitcoin baby” born to a couple that paid for their fertility treatment services with bitcoins: [Dr. Lee, a fertility specialist] broached the subject with a few of his clients. If he offered a big discount, he asked, would they consider paying him with bitcoins? “In some cases they reacted like […]
Archive for 2013
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Beware of fake Mt. Gox phishing sites
June 6th, 2013 
CryptoBadger Recently, a host of phishing sites that spoof the look of Mt. Gox have been showing up in ads from major advertising providers. The operators of these scam sites aim to trick visitors into downloading malware which enables them to steal your Mt. Gox login credentials, so they can then pilfer your account. Nelp Net […]
CryptoBadger’s custom mining rigs for sale!
June 5th, 2013 CryptoBadger Several of you have contacted me to ask about buying pre-assembled mining rigs over the past couple months. Some people don’t have the time and/or confidence to build their own, and would rather buy something that they can just plug in and have work so they can get into mining without the potential installation headaches. Up […]
What’s the long-term value of Bitcoin?
June 3rd, 2013 CryptoBadger Techcrunch has an interesting article up about the potential future value of Bitcoin. Given that there will only ever be at most 21 million bitcoins in circulation, it’s a trivial exercise to calculate how much each coin will be worth, given some assumptions around which markets Bitcoin manages to capture. The article includes an interactive […]
Fox News asks if Bitcoin can “go legit”
May 31st, 2013 CryptoBadger In the wake of the DHS seizure of a bank account tied to Mt. Gox and the government shutdown of Liberty Reserve, Fox News takes a look at the increasing regulatory scrutiny that digital currency exchanges are facing from the U.S. government. From the article: “I really believe in complying and keeping track of bad […]
WeMineLTC litecoin pool possibly underpaying miners
May 28th, 2013 CryptoBadger If you use WeMineLTC as your litecoin mining pool, you should take a careful look at your earnings. There have been an increasing number of reports from miners that the pool is underpaying by ~30%, either because the operators are intentionally skimming, or because the pool is misconfigured. You can read more in this Reddit […]
Bitcoin network more powerful than world’s fastest supercomputers—by far
May 23rd, 2013 CryptoBadger The Bitcoin network is now nearly an order of magnitude faster than the world’s 500 top supercomputers combined, and it’s getting bigger every day. Pretty remarkable considering Bitcoin has only been around for four years.
CGWatcher: A watchdog for cgminer
May 20th, 2013 CryptoBadger Ever wish that you could keep an eye on your miners 24/7? Maybe you’ve had cgminer inexplicably stop mining in the past, or you’re currently testing out settings that you’re not sure are stable—whatever the reason, it’d be nice if you immediately knew about issues that required a cgminer restart. Enter CGWatcher, a tool that […]
Guide: Cryptocurrency Wallet Security
May 16th, 2013 CryptoBadger So you’ve built your own mining rig, you’ve mastered the art of trading for profit on the cryptocurrency exchanges, but you haven’t given much thought to securing your digital fortune against theft and accidental loss? Don’t worry, you’re not alone. Wallet security isn’t exactly a glamorous topic. In fact, many of you might even assume […]
Department of Homeland Security orders Dwolla to stop processing payments from Mt. Gox
May 14th, 2013 CryptoBadger Users on Reddit and the bitcointalk.org forums are reporting receiving emails from Dwolla stating that they are no longer allowed to process payments associated with Mt. Gox, due to a court order from the US Department of Homeland security. The Mt. Gox / Dwolla combination has been the most convenient (and cheapest) way for most […]
