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  • AMD’s Radeon GPUs are rare because they’re good at mining bitcoin copycats, par Jeff Grubb, 8 June 2017

    Thursday 8 June 2017 :: VentureBeat » Bitcoin :: RSS


    Bitcoin and other cryptocurrencies may enable online threats like ransomware to spread, but they are also fueling demand for powerful and efficient new graphics cards.
    It’s difficult to find an RX 500-series Radeon graphics card at retail or online right now in part because people are seeking them out to mine certain bitcoin-like cryptocurrencies, chip manufacturer AMD explained to CNBC. In April, AMD released its latest round of Polaris-powered GPUs which can render graphically intensive scenes without drawing excessive amounts of power. That combination of number-crunching capabilities and energy efficiency has attracted consumers who want to “mine” altcoin cryptocurrencies, which are alternatives to bitcoin.
    “The gaming market remains our priority,” an AMD spokesperson said. “We are seeing solid demand for our Polaris-based offerings in the gaming and newly resurgent cryptocurrency mining markets based on the strong performance we are delivering.”
    Mining in this context means using a processor to help decrypt purchases made with altcoins in exchange for earning small fractions of new digital coins for yourself. GPUs are no longer economically viable for mining bitcoin because new tools have hit that market that are much more capable and have driven down potential earnings. But by mining altcoins, players can still trade them for cash or even proper bitcoins by going to an exchange website.
    For the gaming audience, however, this means that the Radeon RX 500 cards are not available on store shelves or from online retailers like Newegg. And if this demand lasts, AMD and competitor Nvidia could potentially consider launching dedicated graphics cards specifically for cyrptocurrency mining to maximize on this opportunity while also keeping enough products in its supply chain for gamers.
    The PC Gaming channel is presented by Intel®'s Game Dev program. <script type="text/javascript">
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    Read more Jeff Grubb
  • gmaxwell commented on pull request bitcoin/bitcoin#10559, par gmaxwell, 8 June 2017

    Thursday 8 June 2017 :: gmaxwell’s Activity :: RSS
    Jun 8, 2017 gmaxwell commented on pull request bitcoin/bitcoin#10559 Even if its been disconnected do we really want to fetch it again? Read more gmaxwell
  • gmaxwell commented on pull request bitcoin/bitcoin#10559, par gmaxwell, 8 June 2017

    Thursday 8 June 2017 :: gmaxwell’s Activity :: RSS
    Jun 8, 2017 gmaxwell commented on pull request bitcoin/bitcoin#10559 Don't we want to skip fetching a spent coin, e.g. in net_processing.cpp:AlreadyHave ? Read more gmaxwell
  • BTC.com Wallet Tries Discounting Some Priority Transaction Fees, par Paaras Agrawal, 8 June 2017

    Thursday 8 June 2017 :: Bitcoin Magazine :: RSS
    BTC.com Wallet Tries Discounting Some Priority Transaction Fees

    Bitmain subsidiary BTC.com is now offering its wallet users discounted priority transactions. Though currently still a beta feature, this will let BTC.com users pay some 94 percent less in fees for three transactions each month to have them confirm faster. The funds allocated toward the discounted transaction fees will be “subsidized by the BTC.com Wallet.”  

    The new service comes at a time when transaction fees on the Bitcoin network are reaching all-time highs.
    Speaking on recent transaction fees reaching all-time highs, and how it may impact potential Bitcoin adopters, BTC.com’s Alejandro De La Torre told Bitcoin Magazine:
    “The effect of rising tx costs mostly affects the perception of bitcoin to new users. They might think it’s too expensive or might use a low tx fee and have their bitcoin transaction confirm in a very long time. Both scenarios are not good for adoption.”
    This is not the first time that bitcoin wallets have offered discounted transaction fees. “Many wallets have previously paid for transaction fees on behalf of users, but stopped doing so recently (such as Coinbase and Xapo),” said De La Torre.
    BTC.com is currently the only bitcoin wallet that also serves as a fully operational mining pool, currently controlling approximately 7 percent of hash power on the Bitcoin network.
    btc.c tx wallet

    The Scalability Problem


    The Bitcoin community has been embroiled in arguments over the best solution to scale the network for years now. Perhaps the most popular solution is Segregated Witness, a soft fork protocol upgrade proposed by the Bitcoin Core development team. Bitmain in particular has explicitly stated their refusal to implement SegWit if it’s not combined with a hard fork increase of the block size limit, and its pools — which include the BTC.com mining pool — have enough signaling power to block SegWit’s activation.
    As for solutions to the scalability issue, “BTC.com is supporting Segwit2x.” Segwit2x is a hybrid of the solutions proposed above: It implements SegWit followed six months later by a hard fork increase in the block size limit from 1 to 2 MB.
    If the Bitcoin community is unable to agree on a solution to the scalability issue, the growth potential of the network limits its application. “We need to work together and stop bickering,” says De La Torre, “There are some good scaling options on the table.”

    The post BTC.com Wallet Tries Discounting Some Priority Transaction Fees appeared first on Bitcoin Magazine. Read more Paaras Agrawal
  • TechCoin, 8 June 2017

    Thursday 8 June 2017 :: Alltop RSS :: RSS
  • TechCoin, 8 June 2017

    Thursday 8 June 2017 :: Alltop - bitcoin :: RSS
  • Trump Attacks Iran, MSM Goes After Philip Defranco, par Stefan B, 8 June 2017

    Thursday 8 June 2017 :: FSN » bitcoin :: RSS
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    from WeAreChange

    In this video, Luke Rudkowski or WeAreChange gives you latest breaking news, from the James Comey Russian investigation hearing, Donalds Trumps latest moves, how Phillip Defranco is being attacked by the mainstream media and a lot more.
    Check out Phillip Defranco’s Video here https://www.youtube.com/watch?v=HDbJd…
    Steemit Account https://steemit.com/@lukewearechange
    We take BITCOIN donations too
    12HdLgeeuA87t2JU8m4tbRo247Yj5u2TVP Read more Stefan B
  • Here are the ways to buy into Bitcoin, 8 June 2017

    Thursday 8 June 2017 :: Alltop RSS :: RSS
    Bitcoin is a digital cryptocurrency with no intermediaries or banks necessary to conduct transactions. It was designed as open-source software in 2009 by an individual or group known only as Satoshi Nakamoto with the intention to minimize transaction costs and deregulate currency. The cost of a bitcoin has skyrocketed this year. When the calendar rolled over to 2017, the price of one bitcoin was just a shade under $ 1,000. As I write, the price of… Read more
  • Here are the ways to buy into Bitcoin, 8 June 2017

    Thursday 8 June 2017 :: Alltop - bitcoin :: RSS
    Bitcoin is a digital cryptocurrency with no intermediaries or banks necessary to conduct transactions. It was designed as open-source software in 2009 by an individual or group known only as Satoshi Nakamoto with the intention to minimize transaction costs and deregulate currency. The cost of a bitcoin has skyrocketed this year. When the calendar rolled over to 2017, the price of one bitcoin was just a shade under $ 1,000. As I write, the price of… Read more
  • The US Dollar Is Breaking Down While Gold Is Stealthily Surging! – TraderStef Interview, par Stefan B, 8 June 2017

    Thursday 8 June 2017 :: FSN » bitcoin :: RSS
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    from CrushTheStreet

    Subscribe to our Free Financial Newsletter:
    http://crushthestreet.com
    We have our very own editor TraderStef with us to discuss Trump, Gold and much more informative topics!
    TraderStef gives us her opinion on why President Trump could be the next Andrew Jackson and the stealth rally of Gold happening while everyone is focused on the Crypto Currencies, we also cover Silver and the supressed potential of the poor mans Gold.
    TOPICS IN THIS INTERVIEW:
    02:25 Trump the next Andrew Jackson?
    05:25 Jackson the only President to leave the country in the black!
    07:35 Judy Shelton quote regarding Gold’s true value
    08:30 FED Rates and the current situation
    15:25 The US Dollar is breaking Down, Gold Is Benefiting!
    17:45 Everyone’s watching Bitcoin while Gold stealthily rises
    19:45 Variables influencing Gold’s price
    24:45 Can Gold and Silver repeat the bullish Crypto Currencies rally?
    30:20 Diagnosis on Silver
    34:45 Where to find out more from Trader Stef! Read more Stefan B
  • Bitcoin, Gold, & Central Banks – Andy Hoffman Interview, par Stefan B, 8 June 2017

    Thursday 8 June 2017 :: FSN » bitcoin :: RSS
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    from FutureMoneyTrends

    Subscribe to our Free Financial Newsletter:
    http://FutureMoneyTrends.com
    In today’s powerful and informative interview we have the popular Andy Hoffman to help us breakdown the relationship between Gold and Bitcoin.
    Andy gives us his opinions on Gold backed Crypto Currencies and the importance of decentralization for a currency, we also cover Governments stance on Bitcoin and whether it can manipulate the Digital Eco System like it does with Precious Metals.
    TOPICS IN THIS INTERVIEW:
    01:50 The Monetary Revolution and the realization of Bitcoin
    03:05 Government has no idea how Bitcoin works!
    05:05 Suppression of Precious Metals ending via Crypto Currency
    06:45 Bitcoin vulnerable by price manipulation and volatility?
    11:05 Majority of Altcoins are scams and centralized!
    14:50 Shortages of Gold, Silver and Bitcoin
    17:30 Can Gold backed Crypto Currencies work?
    26:40 “The two biggest inventions of our lifetime are the Internet and Bitcoin”
    33:20 Where to learn more regarding Precious Metals and Bitcoin Read more Stefan B
  • Keiser Report: ‘Liquidity Turbulence’ (E1081), par Stefan B, 8 June 2017

    Thursday 8 June 2017 :: FSN » bitcoin :: RSS
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    from RT

    Check Keiser Report website for more: http://www.maxkeiser.com/
    In this episode of the Keiser Report Max and Stacy discuss ‘liquidity turbulence’ and ask whether it is the ‘credit crunch’ of our day. In the second half Max continues his conversation with Jameson Lopp of Bitgo.com about the latest in the bitcoin and cryptocurrencies world.
    WATCH all Keiser Report shows here:
    http://www.youtube.com/playlist?list=… (E1-E200)
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    https://www.youtube.com/playlist?list… (E1001 – Current)
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    RT (Russia Today) is a global news network broadcasting from Moscow and Washington studios. RT is the first news channel to break the 1 billion YouTube views benchmark. Read more Stefan B
  • Is Bitcoin in a Bubble? This Metric Suggests There’s More Room to Grow, par Stefan B, 8 June 2017

    Thursday 8 June 2017 :: FSN » bitcoin :: RSS
    Analysts apply a modified version of P/E ratio to the cryptocurrency
    by Ryan Vlastelica
    Market Watch

    One of the biggest financial stories of 2017 has been the seemingly unstoppable rise of bitcoin, which has more than tripled this year and seems to make new records by the day.
    Such a rally has inevitably raised questions over whether there is a bubble in the digital currency, or in the broader space of cryptocurrencies, which earlier this week topped $100 billion in combined market capitalization. Breaking that milestone was largely due to bitcoin which by itself accounts for nearly half the value of the still-nascent sector. However, a new measure of bitcoin valuation, one based roughly on the price-to-earnings ratio applied to stock valuation, suggests that rally still has room to grow.
    Continue Reading at MarketWatch.com… Read more Stefan B
  • Merge #10545: Use list initialization (C++11) for maps/vectors instea…, par laanwj, 8 June 2017

    Thursday 8 June 2017 :: Commits - bitcoin:master :: RSS
    Merge #10545: Use list initialization (C++11) for maps/vectors instead of boost::assign::map_list_of/list_of 3fb81a8 Use list initialization (C++11) for maps/vectors instead of boost::assign::map_list_of/list_of (practicalswift) Tree-SHA512: (...) Read more laanwj
  • Witcher studio latest target of growing cyber-ransom threat, par Jeff Grubb, 8 June 2017

    Thursday 8 June 2017 :: VentureBeat » Bitcoin :: RSS


    The demand to move money around anonymously on the internet is so strong that it has led to the creation and adoption of the viable, non-governmental cryptocurrency bitcoin. That sounds like a plotline from a game called Cyberpunk 2077, but it’s real, and it may have enabled an attack against the developer of Cyberpunk 2077.
    CD Projekt Red revealed today that an individual or a group is attempting to hold some of the studio’s internal data for ransom. The threat involves older material related to the development of the upcoming futuristic role-playing adventure Cyberpunk 2077, which CD Projekt Red first announced in January 2013. The alleged perpetrator is asking for money in exchange for not releasing the data to the public. CD Projekt Red has said it will not comply with the demands, and it has informed law enforcement. But the company is also warning fans that any leaks that may come out about Cyberpunk 2077 are “largely unrepresentative of the current vision for the game.”
    We’ve reached out to CD Projekt Red for more, but the studio says that it is not sharing any information beyond its public statement on Twitter.
    <script async src='http://venturebeat.com/platform.twitter.com/widgets.js' charset="utf-8"></script>
    While the threat against CD Projekt Red is not exactly ransomware, which is a software attack that encrypts your computer until you pay a certain amount of money to the owner of the malware, it fits into a growing trend. More cyberattackers are using using sensitive data as a way to make money by charging a ransom. Last year, PC security firm Kaspersky highlighted ransomware as the greatest online threat to individuals and businesses.
    Between the last quarter of 2015 and the first quarter of 2016, ransomware activity has jumped 3,500 percent, according to an Infoblox study. And people paid 10 times more often during that same period. The website Privacy PC has an infographic that details the recent timeline of ransomware attacks and how it has spread, and you can see the rapid improvements to the encryption that powers the malicious tech. That culminated last month with a massive ransomware attack that happened to infect National Health Service hospitals in Great Britain.
    But ransomware is not growing in popularity because encryption or malware practices are improving. The threat is spreading because it’s easier to get away with it due to bitcoin. That’s the digital-only currency that is so encrypted that you could buy anything with it without having to expose your identity. This enables you to maintain your privacy in an online environment where someone is always tracking you. In the early days after the introduction of bitcoin in 2008, it also enabled illicit transactions of drugs and other materials on sites like the now defunct Silk Road.
    Back in those formative years of cryptocurrency, a single bitcoin was worth less than a dollar. Today, a single bitcoin is worth $2,727.60. Last month, it was worth just $1,700. Speculation has always driven its value, and in April, Japan officially recognized and legitimized it in the eyes of many in Asia. But before this recent surge, bitcoin has gone through a number of crashes and spikes. One of the reasons it never faded away, however, is because it is one of the safest way for crime to pay online.
    It’s possible that the alleged perpetrator in the CD Projekt Red ransom case did not demand payment in bitcoin, but that’s the smartest option. Everything else, including cash, is easier to trace. And with bitcoin likely here to stay, more gaming companies could see themselves as targets of future ransom threats than ever before.
    The PC Gaming channel is presented by Intel®'s Game Dev program. <script type="text/javascript">
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    Read more Jeff Grubb
  • I Bought Bitcoin… Here’s What Happened, par Stefan B, 8 June 2017

    Thursday 8 June 2017 :: FSN » bitcoin :: RSS
    [Ed. Note: QUOTE: “a $3.99 commission paid to Coinbase, and my final investment is $103.99” … Yes, a $4 commission on a $100 transaction… But at least you’re not getting screwed by the banks, right?!?!?]
    by Davis Ruzicka
    Daily Reckoning

    I wouldn’t say that I bought into the hype. I would say that I did this more as a learning experience.
    I’ve received so many questions about how to buy, and where to buy, and even more about the legality of the process, so I figured what the heck — I’ll buy some myself.
    So that’s what I did. I bought bitcoin. And here’s what happened…
    In the last two weeks, bitcoin has blanketed the radio waves. No matter if you keep up with Bloomberg or CNBC, or you’re nosey neighbor continues to chat your ear off about the cryptocurrency, odds are, in the past few weeks, you’ve heard the hype surrounding Bitcoin.
    Continue Reading at DailyReckoning.com… Read more Stefan B
  • This bitcoin investment vehicle could be 'a disaster waiting to happen', 8 June 2017

    Thursday 8 June 2017 :: CNBC bitcoin :: RSS
    Bitcoin's meteoric year is making owners of the digital currency rich while raising concerns about the Bitcoin Investment Trust. Read more
  • TheBlueMatt pushed to 2017-06-cnodestateaccessors at TheBlueMatt/bitcoin, par TheBlueMatt, 8 June 2017

    Thursday 8 June 2017 :: TheBlueMatt’s Activity :: RSS
    Jun 8, 2017 TheBlueMatt pushed to 2017-06-cnodestateaccessors at TheBlueMatt/bitcoin 60ec501 REVERT: fopen random b27e5b8 Agressively check lock preconditions in NodeStateAccessors 6 more commits » Read more TheBlueMatt
  • MiFID II biggest thing for trading since Big Bang, 8 June 2017

    Thursday 8 June 2017 :: Finextra Research Online banking channel :: RSS
    Peter Moss, CEO, SmartStream Reference Data Utility, talks about the reference data demands of MiFID... Read more
  • TheBlueMatt pushed to 2017-06-cnodestateaccessors at TheBlueMatt/bitcoin, par TheBlueMatt, 8 June 2017

    Thursday 8 June 2017 :: TheBlueMatt’s Activity :: RSS
    Jun 8, 2017 TheBlueMatt pushed to 2017-06-cnodestateaccessors at TheBlueMatt/bitcoin e0bc27f f fix rejects Read more TheBlueMatt
  • TheBlueMatt pushed to 2017-06-cnodestateaccessors at TheBlueMatt/bitcoin, par TheBlueMatt, 8 June 2017

    Thursday 8 June 2017 :: TheBlueMatt’s Activity :: RSS
    Jun 8, 2017 TheBlueMatt pushed to 2017-06-cnodestateaccessors at TheBlueMatt/bitcoin b083db6 [trivial] Fix typo: "occurrences" (misspelled as "occurrances") 9a5a1d7 RPC/rawtransaction: createrawtransaction: Check opt_into_rbf when pro… 81 more commits (...) Read more TheBlueMatt
  • TheBlueMatt created branch 2017-05-parallell-block-download at TheBlueMatt/bitcoin, par TheBlueMatt, 8 June 2017

    Thursday 8 June 2017 :: TheBlueMatt’s Activity :: RSS
    TheBlueMatt created branch 2017-05-parallell-block-download at TheBlueMatt/bitcoin Jun 8, 2017 Read more TheBlueMatt
  • TheBlueMatt commented on pull request bitcoin/bitcoin#10286, par TheBlueMatt, 8 June 2017

    Thursday 8 June 2017 :: TheBlueMatt’s Activity :: RSS
    Jun 8, 2017 TheBlueMatt commented on pull request bitcoin/bitcoin#10286 Rebased and rewrote CWallet::BlockUntilSyncedToCurrentChain(). Instead of the complicated fallback logic, it now just tests if it is caught up, and… Read more TheBlueMatt
  • Banks are moving from systems of scale to systems of change, 8 June 2017

    Thursday 8 June 2017 :: Finextra Research Online banking channel :: RSS
    Mike Blalock, General Manager, Intel Financial Services, discusses the progress of digitalisation, t... Read more
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