Monday, May 23rd, 2011
- Article / Blog post:
Bitcoin miners busted? by Darlene Storm in ComputerWorld blog
“DEA Agent: We thought it was a major grow operation … but this guy had some kind of business involving computers”.
- http://bit.ly/l8hhRP - New site: TheBitcoin.US
Provides a general overview of Bitcoin with links to the more popular components in several categories.
- http://thebitcoin.us
- http://en.bitcoin.it/wiki/TheBitcoin.us - Video:
Twenty four rigs, 130 amps, custom exhaust hood - represents about 1% of the entire total of all mining occuring today.
- http://www.youtube.com/watch?v=G5f_e4P6gMA - Article / Blog post:
Report: Police Confuse Bitcoin Miner’s Power Use for Growing Weed by Jerry Brito (@JerryBrito) in TIME TechLand blog
“Ubiquitous prosumer computing could well lead to false positives, not just for Bitcoin miners, but for hardcore gamers, [and others]”.
- http://ti.me/iD8oIQ - Article / Blog post:
Bit Players in The Daily online e-paper
“It’s going to be somewhat difficult to convince people to leave ‘the dollar ecosystem’”.
- http://www.thedaily.com/page/2011/05/23/052311-apps-technews-bitcoins-1-2/ - New site and service: BTCRate.com
Provides currency conversion between Bitcoin and other world currencies.
- http://www.btcrate.com
- http://en.bitcoin.it/wiki/BTCRate.com - Article / Blog post:
Upcoming Changes For Mt. Gox in Bitcoin Money
“Development and testing effort has been underway at Mt. Gox. An update is targeted for being rolled out at the beginning of June”.
What’s coming: New currencies EUR, JPY. Iceberg orders. Full decimal trading. & More.
- http://www.bitcoinmoney.com/post/5765886176 - New feature: YouTipIt
YouTipIt escrow tipits to any Facebook User.
- http://www.youtipit.org
- http://en.bitcoin.it/wiki/YouTipIt#Escrow_Tipit - New website: Bitcoin Prices
Provides exchange rates for bitcoins versus multiple foreign currencies.
Choose from any of several exchange markets.
- http://bitcoinprices.com
- http://en.bitcoin.it/wiki/Bitcoin_Prices - Magazine: The Bitcoin Sun (2nd edition)
‘Specupreneurs’ and the Bitcoin Economy by Matt Crop
“We [Bitcoin business entrepreneurs] double as speculators, since we willingly expose ourselves to the risk of the erosion of those profits by a decline in the value of Bitcoin in exchange for the opportunity to realize large gains should the currency appreciate.”
The Bitcoin Island by Ploum
The forum is full of people asking why they do not get any bitcoins. Sadly, most of the answers they receive explained them how to build mining rigs with expensive hardware, how to join pools”.
Bitcoin, The Darknet Economy, And the Low Over-Head Revolution by Kevin Carson
”Despite my reservations, I consider Bit-coin to be grounds for enormous excitement”.
Rain Droplet Interview by Matt Cropp
“Our biggest accounts and most involved participants are Bitcoin users, and much of our feedback and new traffic come from the Bitcoin community”.
- http://www.bitcoinservice.co.uk/files/877 (click reload page after visiting to get download) - Article / Blog Post
Will Mining Bring The Police? in Bitcoin Miner
“Looking only at the electric usage for the residence the consumption will look not much unlike the usage for a marijuana grow-op”.
“[A Mission, BC bylaw allows police to] search people’s homes for grow ops if they are using more than 93 kWh of electricity per day”.
- http://www.bitcoinminer.com/post/5762837023
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