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 […]
Archive for May, 2013
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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 […]
Reminder: upgrade your Bitcoin client before May 15
May 10th, 2013 CryptoBadger If you’re running Bitcoin-qt or bitcoind, check to make sure that you have the latest version before May 15th. Running old versions after May 15th will cause you problems. Bitcoin.org explains why this is necessary: A bug caused a temporary block chain fork on 11 March, 2013. After investigating that bug, we determined that the bug can […]
Wall Street Journal: Why Bitcoin is being taken seriously
May 8th, 2013 CryptoBadger The Wall Street Journal posted a short commentary on Bitcoin today: (if the video doesn’t load for you, click here)
The altcoin explosion… and how to profit from it
May 6th, 2013 CryptoBadger If you’re following the cryptocurrency mining scene at all, you’ve probably noticed that there are digital currencies other than Bitcoin and Litecoin. Quite a few of them, actually. Bytecoin, Terracoin, PPCoin, Feathercoin, Freicoin, Novacoin… the list goes on and on, and it seems like there is a new addition weekly. The sad reality is that […]
Khan Academy on Bitcoin
May 3rd, 2013 CryptoBadger The Khan Academy posted an introduction to bitcoin mechanics, including brief overviews of the block chain, mining, and how transactions work: It’s a bit dry, but if you’re fuzzy on the basics of how digital currencies work, you’ll probably find it enlightening.
