Davos 2016 - Rebuilding Europes Financial Confidence...... "The Banks are facing their Uber moment."......."A big number of Banks will disappear over the next 5 to 10 years."

https://youtu.be/NAJOhm73L3k?t=53m55s

Submitted February 01, 2016 at 08:19AM by AliBongo88 http://bit.ly/1POFuiu

Nautiluscoin just raised over $5 Million in Venture Capital

https://twitter.com/nautiIuscoin/status/694038643766329344 via /r/CryptoCurrency http://bit.ly/1OZK3mx

100,000 Transactions Per Second: How Do We Get There?

Who can pony up what?CryptocurrencyMax ThroughputcommentBitcoin3tpscoughPeercoin3tpsas far as I knowLitecoin8tpsrough, conservative estimates of theoretical current maxDogecoin20tpstheoreticalReddcoin20tpstheoreticalNyancoin20tpstheoreticalSo we've got 74tps of blockchain capacity so far. Little short yet.Ripple: Hm, I didn't have the transaction rate for Ripple determined. There is debate over whether they "count". Sees reasonable to me, although I see reasonable arguments against. More than a year ago, I had them at 80,000 transactions in 24 hours, which of course, is relatively small in tps (<1), but that's the actual rate and I hadn't noted any limit. I suspect they may be a route to Visa-scale.For transaction cost, it seemed to be less than a ripple but I didn't have a source. My wifi is bad right now, can't check.Let's count Ripple as an "Ace-in-the-hole". I think it's technology worth considering for sure. It may have very complementary value or it may ultimately be superior.Let's imagine some crazy growth rates. Nightmare scenario datacenter world for all the coins except for some hold-outs. Let's presume BTC as a holdout and look at what the throughput rates of various coins are. I have notes for some of these in my archives. For some of them I may have to look up some new information.I'm not sure how to put LTC in our hypothetical. If we put it as expanding, I believe it becomes the leader. If we put it as following BTC in keeping the current throughput limit, then it doesn't really matter in our analysis here. Let's leave LTC and PPC with BTC as being conservative in our hypothetical consideration of throughput capacity. (However, shout-out to ProHashing with the BIP101 in LTC attempt; I do hope that's successful, just as I hope one of the hardfork blocksize increases on BTC will be successful. And PPC arbitrarily lumped in just for having a 10 minute block time from my notes.)There's a trick I'm going to pull here now and explain: I'm going to use, in counting to our goal, the aggregate performance of 100 combined cryptocurrencies, arbitrarily. I think this is a pretty conservative estimate of the number of reasonable existing candidates. Let's assume that all coins have a minimum of the DOGE setup for current throughput: 1MB block cap (so far as I know; not aware of a clonecoin with enough foresight to have taken it out; worth double checking in the code of each reference (network most common) implementation), but with a 1 minute block rate target, which allows 10x the throughput capacity.Between this lovely feature and that one neat trick, we already have a starting throughput capacity of 2,000 tps. Not bad as a starting point for a competitor to 3tps.This seems like a good point to note that it should be patently obvious that there are far more important things to the market cap valuation than the single factor of throughput capacity. If it were not so, then Bitcoin could not have 88% of the cryptocurrency market. There is a very strong first mover advantage, network effect, and has been a strong history of buying Bitcoins to build confidence. This document is a thought-experiment sparked by the casual dismissal of the impossibility of Bitcoin ever passing or even reaching Visa-like capacities for throughput in a lauded post by a chief architect of the Core Bitcoin 1MB policy. I've had this general thought before, but I've never done the full-blown write-up before. And here we are. So this is a thought-experiment limited to throughput capacities for the sake of technical consideration, and deliberately excluding market-cap / financial implications of such changes in my analysis.Now we need a 49x increase to get to 100,000 tps. We could spawn more coins, but I think we're all collectively exhausted by the number of coins in existence currently, so I'll put that as a second-choice option. So let's automagically presume the average blocksize hard-cap on the "100 clones" category, as I'll call it arbitrarily for no particular reason, has risen to an average of 50MB from its currently uniform 1MB. And there it would be: theoretically, a system which could transact on any of those 100 coins, considering the capacity of all the coins together, would in theory be then at 100,000 tps.Could the current BTC code handle 50MB blocks reasonably? Frankly, I don't know but I doubt it. I think we're going to find out though. And I don't think it will be particularly difficult to reach that point ultimately when taking in upstream changes as well as any improvements which may develop among the 100 or others. Within the next 5 years I think this should be feasible, not merely for 1, but for 100 coins. That's how the blockchain scales to 100,000 tps. Blockchain: look ma, no Bitcoin!This might seem like a rather crazy view to some. I know in the Bitcoin subreddits, it's heresy and uninteresting to speak of anything else, in particular, never those clonecoins! Those awful, awful clonecoins. There have been some slight cracks in that policy in some bitcoin communities, but in general, the position holds. But to me, the technology is interesting. And there's not really a lot of technological difference between a Bitcoin, Litecoin, Dogecoin, or Nyancoin transaction. There are significant financial differences in their implications, but the technology is basically the same, because LTC copies BTC and DOGE copied LTC (originally, then went and went to BTC base with Scrypt AuxPoW) and NYAN copied LTC. So it's really pretty basic that if one needs more BTC transactions, if it were possible to substitute the other networks for those purposes, then these independent networks which are technically almost-identical seem to be the obvious choice. And once that step has been made, the problem is more than half-solved already.In fact, this is the way in which I agree with the BTC small-blockists: clearly the sky isn't falling yet. The transactions haven't truly spiked across the board and down the heap so far. Fidelity hasn't decided to build a 100 clone based system. But, for instance, I think it would be possible to build various "Layer 2", one might say, applications which were coin-agnostic. For instance, consider the purpose of a colored coin: transferring ownership of some particular external concept because of some external agreement about what this transaction represents. So as long as the protocol covers the variety of transfer, we don't really care necessarily if any of the underlying protocols recognizes what's going on. That is, for instance, a DOGE is transferred from Alice to Bob which represents some sort of mutex: now Bob can edit Resource without conflict. Bob then wants to transfer this mutex to Carol and sends a NYAN to an address Carol controls, where the transaction contains a signature for the particular DOGE received by BOB from Alice which represents the mutex.Of course, there are obvious potential issues with this off-the-cuff example. The one which came to mind to me at the end was "what if Bob tries giving the mutex to Dan on RDD at the same time he gives it to Carol on NYAN?" I'm not sure how to resolve that at the moment. Perhaps the protocol would have ways of designating a type of resolution or hierarchy of coins for resolving that particular coin. It would be possible to switch chains safely if done with a blockchain action on the current chain, but if for some reason that weren't available, then perhaps the protocol could allow a mechanism where a person registers a claim on an alternate chain using a signature for the original as described, and after a certain period of time, if no conflicting signatures on any of the other 100 occur during 6 hours (or some long period) to ensure legitimacy (alternately shorter for less security-critical applications).I think there could be interesting use and application for such a system. Regardless of its utility, I think it's clear that it's possible with incremental improvement on the existing code and the technology currently available.Personal, non-technical statement: I would like to see this develop. I think this is more useful and decentralized than any single cryptocurrency "winning" everything. This is the cypherpunk dream outcome in my view. I have always expected and wanted Bitcoin to keep doing better and better, and perhaps it will continue to do so, but I also believe that having "reasonable" throughput capacity is also good. And having a lot just because you can is cool. This stuff is still experimental. What's the point if we don't push the limits a bit? via /r/CryptoCurrency http://bit.ly/1SlYFRz

After sending money into your arm, now let's pay for a beer! NFC Implant Bitcoin Payments in Paralelni Polis (CZ)

https://www.youtube.com/watch?v=pdauofdGFBM

Submitted February 01, 2016 at 07:04AM by tomtomklima http://bit.ly/1Slg4ts

Bitcoin Pot Of Gold by Craig Grant @

http://bit.ly/1PKEhCt via /r/CryptoCurrency http://bit.ly/1KkyYha

If we had 100% full 10MB blocks, today's $159 6TB HD could store the blockchain for the next 10 years. By then, that HD will cost about $10. - Roger Ver

https://twitter.com/rogerkver/status/693839577371561987

Submitted February 01, 2016 at 06:49AM by arivar http://bit.ly/1UB9c8A

Mine for the WIN - mining for maximal profits BolivarCoin - MinerFTW - Cryptopia Coins

http://bit.ly/1PKclyQ via /r/CryptoCurrency http://bit.ly/1nGSBX1

F- you.

http://bit.ly/1nWSfLG

Submitted February 01, 2016 at 05:39AM by frgk http://bit.ly/1P6yJmo

People are betting on Trump, Hillary, and Sanders – with bitcoin

http://on.mktw.net/1PO2ka5

Submitted January 31, 2016 at 10:47PM by AliBongo88 http://bit.ly/1PJycX1

Thiss Site Lik1ely Contains Sexuually Expliicit Photos Of Someeone You Know! khm..nga

http://bit.ly/1Kk0L1f via /r/CryptoCurrency http://bit.ly/1Kk0KdB

What are Ethereum's main competitors?

No text found via /r/CryptoCurrency http://bit.ly/1KjXFKE

JPMorgan Launches Blockchain Trial Project: FT

By REUTERS via NYT Business Day http://nyti.ms/1nGDwEO

Gamerholic, the First ‘Billion Dollar Gaming Company’? A Q&A With Anari Sengbe

http://bit.ly/1UANUYV via /r/CryptoCurrency http://bit.ly/20gzUuc

Etherum Viral Marketing Campaign?

Some sort of pump/viral marketing is going on. Over the past few weeks I've received many random messages on reddit advertising Etherum.Message 1: Tired of waiting an hour for your bitcoin transaction to get 6 confirmations? In Ethereum it takes about 20 seconds for a confirmation. With Ethereum the dream of having a truly decentralized financial system will finally happen. All real life applications of cryptocurrency can easily be implemented as and Ethereum Decentralized Application. There are tons of these special apps over at *********.com .Message 2: Ethereum seems to be taking over cryptocurrencies, can you advise me on this? http://bit.ly/1UANUYP 3: Hello, Since the last time I messaged you, the value of Ethereum has gone up a lot, but the rise is far from over, it is currently priced at $ 1.30, can you imagine buying bitcoin when it was at $ 1.30? You can be one of those people in the Ethereum world. Just send some of your bitcoins to poloniex, buy Ethereum and hold long term. Tired of waiting an hour for your bitcoin transaction to get 6 confirmations? In Ethereum it takes about 20 seconds for a confirmation. With Ethereum the dream of having a truly decentralized financial system will finally happen. All real life applications of cryptocurrency can easily be implemented as and Ethereum Decentralized Application. There are tons of these special apps over at *********.com . The stable version of Ethereum called Homestead will be released this week. Just a few ideas, A stable token for merchants to accept payments on the blockchain but have it pegged to the dollar? Ethereum tokens will allow this inside the same system. Completely fair and completely trusted with no counterparty risk? Etherdice implements gambling as an Ethereum contract. TokenEscrow implements escrow as an Ethereum contract. Domain names? EthHypeDns Proof of identity and credit rating? Cetas Prediction market? Augur , GroupGnosis Provably Fair Lottery? EtherPot Crowd funding? WeiFund Decentralized storage? Swarm Sending BTC to Ethereum? btcrelay Fair voting? Bit-Vote Convert to Gold? DigixGlobal Uber? Lazooz , movETH Poker? EtherPokerETC. via /r/CryptoCurrency http://bit.ly/20gzUu9

Virtual Reality and Cryptocurrency: Volexus and Uphold Join Forces - Bitcoinist.net

http://bit.ly/1JSn2mI via /r/CryptoCurrency http://bit.ly/1Q4lbrx

We don't need to talk about a conflict of interest? "Blockstream provides companies access to the most mature, well tested, and secure blockchain technology in production – the Bitcoin protocol extended via interoperable sidechains ..." -- with PwC !?!??

http://bit.ly/1PWBsi6

Submitted January 31, 2016 at 11:30PM by CBergmann http://bit.ly/1UAlheu

Running a full node is like owning a gun -- as long as you *can* go out a purchase a gun, you usually don't need one. If you can't, though, you probably really need one. - Paul Sztorc

Great quote from the Bitcoin Core channel

Submitted February 01, 2016 at 02:02AM by bruce_fenton http://bit.ly/1UAtizV

The next crypto bubble to happen in 2018.

How do I know? The revolution of technology takes time. Bitcoin 2009-2012 was baby steps, it became a thing in 2013, its 5th year of life, and spawned a plethora of currencies and platforms. 2014-2017 will be small steps for crypto technology to finally reach maturity in 2018... it will be huge in 2018. Mark my words.Are you on board and ready to wait? via /r/CryptoCurrency http://bit.ly/1SS1sRU

Very Intresting Summary on "Wealth of Nations" by Adam Smith

https://www.youtube.com/watch?v=-m0vixMFwF4&index=1&list=PLNVsC9QleZsFZoPwyac0xqUNIf6RV3JLr

Submitted January 31, 2016 at 10:21PM by vandeam http://bit.ly/1UA0Dei

Bitcoin gambling will take over the world when it goes to 0% house edge

http://bit.ly/1Q3QXoF

Submitted January 31, 2016 at 11:52PM by yeh-nah-yeh http://bit.ly/1Tv6tPV

PwC and Blockstream Form Partnership to Deliver Blockchain Tech Globally

http://bit.ly/1WUd3z3

Submitted January 31, 2016 at 11:05AM by vlarocca http://bit.ly/1SjttSK

New node online! (an old ThinkPad-X201 thats been sitting under my tv doing exactly jack shit)

http://bit.ly/1JRHZyh

Submitted January 31, 2016 at 10:22PM by Path-Of-Light http://bit.ly/1Q3IcLo

'smart contracts to be an everyday thing within 10 years' - Financial Analyst & Bitcoin Startup Founder Reggie Middleton

https://www.youtube.com/watch?t=11m59s&v=TzBa8E6pxx4

Submitted January 31, 2016 at 01:01PM by FMTY http://bit.ly/1VyEQE0

Australia 'may do dumb things' with crypto in 2016: EFF | Flexitwits

http://bit.ly/1QQ66yB via /r/CryptoCurrency http://bit.ly/1OZ5WCu

PSA: The correct darkwallet site is Darkwallet.IS not darkwallet.CO which is a scam.

Darkwallet.co is a scam! http://bit.ly/1RTDYfb

The correct sites are: darkwallet.is http://bit.ly/1nwskK5 http://bit.ly/1RTDYfc

Latest release is Alpha 8, 2015

Please keep an eye out because the scam link is being repeatedly pushed on reddit.com every couple of weeks!

Submitted January 31, 2016 at 05:03PM by redmarlen http://bit.ly/1nwsmSq

Mainstream Media Fails at Bitcoin Again

http://bit.ly/23BFp5Y via /r/CryptoCurrency http://bit.ly/2012jPp

New HSBC Outage Shows How Decentralized Bitcoin Network Is Superior

http://bit.ly/1SRb2Vm

Submitted January 31, 2016 at 11:49AM by AliBongo88 http://bit.ly/1nvH5wO

Statement regarding recent Allegations — Lisk Blog

http://bit.ly/1SRz8iK via /r/CryptoCurrency http://bit.ly/1WUEpW3

Let's Try Again: Introducing the Bitcoin Community Action Tree!

http://bit.ly/1OXLJwR

Submitted January 31, 2016 at 05:02AM by frankenmint http://bit.ly/1PM8KGK

KeepKey CEO Darin Stanchfield on Bitcoin Security

http://bit.ly/1UxhjD6

Submitted January 30, 2016 at 09:30PM by KeepKey http://bit.ly/1JP8iVD

NEW FAUCETS PAYING MORE THAN 1000 SATOSHI EVERY 10 MIN

TWO NEW GOOD FAUCETS PAYING!!! EARN 1000 AND UP EVERY 10 MIN!!! + SUPER GAME EVERY 10 ROUNDS MULTIPLY YOUR EARNINGS WITH NO RISK!! FUN GAMES http://bit.ly/1Q31z7e http://bit.ly/1JRabkR via /r/CryptoCurrency http://bit.ly/1Q31Abn

Kutcher’s support for bitcoin gets viral

http://bit.ly/1PN7wLb

Submitted January 31, 2016 at 01:12AM by janseb http://bit.ly/1QA5Gu4

Nxt successfully hardforked to introduce new features including Coin Shuffling - check them out in a demo environment!

http://nxt.org/demo/ via /r/CryptoCurrency http://bit.ly/1OYBSqz

Popularity of the word "Bitcoin" across 8 years of Reddit

http://53eig.ht/1nVtgrT

Submitted January 31, 2016 at 09:52AM by ThePiachu http://bit.ly/200n9hZ

Why I’m suing TD Canada Trust for 20.123 BTC

http://bit.ly/1TuskqL

Submitted January 31, 2016 at 09:51AM by TheAlexGalaxy http://bit.ly/1nvAX7T

[Serious] Is it possible that nodes could be expanded to accept lighting transactions throughput, and provide a financial incentive for their use?

There's a lot of discussion about the gradual reduction in nodes. There are obviously very large issues with changing the existing mining reward model such that there would be any reduction to that incentive. In short, this seems like something you would put in the 'very hard' basket.

Serious question... is it possible to configure the lightning network such that nodes can be used as a form of 'clearing house' transactions that happen off-chain? Wouldn't this provide a separate, and smaller fee, abstraction that would mean that nodes could facilitate consumer transactions, and that blocks/miners would be the settlement layer? Wouldn't this be a viable method of expanding the requirement for nodes, while at the same time supporting the existing infrastructure of mining and blocks? Don't wanna pay lightning fees? Own your own node?

Submitted January 31, 2016 at 09:12AM by Frogolocalypse http://bit.ly/1SsKDeX

EB111 – Andrew Miller: The Gas Model And Ethereum's Economics

https://www.youtube.com/watch?v=91UekwMAXJs via /r/CryptoCurrency http://bit.ly/1KOyKcS

Valery Vavilov of BitFury on the 16nm Bitcoin ASIC

http://bit.ly/1RTanlW

Submitted January 31, 2016 at 11:49AM by eric_sammons http://bit.ly/200rBgJ

Bitcoin Pot Of Gold payout Saturday 01/30/16

https://www.youtube.com/attribution_link?a=XrD3aW5JZIc&u=%2Fwatch%3Fv%3D-V9P4MPVyOk%26feature%3Dshare via /r/CryptoCurrency http://bit.ly/1SsU1PM

[WTS] 1.75x Spondoolies SP20 / SP20E (+ PSUs if needed) - WANT TO SELL ASAP

For sale:

• 1x SP20E - fully functional

• 1x SP20E - 75% functional (one loop not working)

Details and pricing

• Location: currenltly hosted at Toomim Bros. Bitcoin Mining Concern

• Shipping: you pay for shipping via prepaid label

• Asking Price: 0.9 BTC, but open to other offers if reasonable - WANT TO SELL ASAP

• Escrow: if you want escrow, you find one and cover the fee (but I'm not going to use an escrow that I don't find trustworthy)... not really necessary since they are already hosted at third party facility and facility staff can confirm existence and shipping of miners

• ATX PSUs available with purchase for added cost: EVGA 1300W G2 and Corsair HX850 (both excellent single rail PSUs)

• Can start mining immediately if you want to host at same hosting facility

• As currently configured, using 1 kwh and getting around 2.1 Th/s.

Submitted January 31, 2016 at 10:22AM by Whiteboyfntastic1 http://bit.ly/1m6jFNC

Ethereum smart contract Grant Cryptocurrency

https://www.youtube.com/attribution_link?a=GsFVh5pl8KY&u=%2Fwatch%3Fv%3D_YkpxUfKWH4%26feature%3Dshare via /r/CryptoCurrency http://bit.ly/1QOSpQA

Bitcoin - The Internet's Court

For a moment, entertain the opinion that Bitcoin's architecture should be divided into layers, with "Bitcoin" (as we know it today) being the base layer. Most of you probably already have. As a simple reference, this would be analogous to the architecture of the Internet, in many respects.

That foundation layer allows for "smart contracts", contracts that are deterministic in nature, enforced in code, and backed by the network's growing hashing power. In the real world, contracts are enforced in a court of law, backed by physical force (ultimately, a nation's military). On the Internet, value moves seamlessly and contracts, specifically smart contracts, are enforced by code. And code, unlike natural language, can encapsulate absolutes. It's deterministic and incorruptible (unlike humans), when properly engineered and deployed.

In the physical, everyday world, contracts are rarely enforced. You sign contracts every day. Why are contracts rarely ]taken to a court of law? Because the judicial system isn't free (very far from it) and the parties involved know the evidence, should it exist, could be enforced, if one party attempts to break the agreement. A certain trust exists in the judicial system and, more generally, in the government.

On the Internet, there are no nation borders, and smart contracts also rarely need be enforced. Like in the physical world, nodes on this network can transact with each other and exchanging value without having to enforce every transfer. Enforcing transfers costs money ("bitcoins"), just like going to court costs money. All that is really required in the system is the faith that one could enforce the transfer if the other party breaks the agreement. An example of this would be if the receiving party claimed he never received a transfer, when if fact he did.

In both cases, the integrity and harmony of the judicial system is the utmost important. WIthout a solid, well-funded foundation, the entire system fails. But with that proper foundation, incredible things can be built.

Submitted January 30, 2016 at 12:15PM by SheHadMANHands http://bit.ly/1VykKtu

Skuchain: Here's how blockchain will save global trade a trillion dollars

http://bit.ly/1Srlrpf

Submitted January 30, 2016 at 10:21PM by a56fg4bjgm345 http://bit.ly/1NHHyBc

How to Save Bitcoin's Node Network from Centralization

http://bit.ly/20dYewV

Submitted January 30, 2016 at 11:29PM by mikeytom77 http://bit.ly/1m5a4qc

PwC Partners With Bitcoin Startup for Blockchain Push

http://bit.ly/1m5Gm4y

Submitted January 30, 2016 at 09:54AM by Nuireir http://bit.ly/1m5Gm4z

RockItCoin added two new Bitcoin ATM locations in Chicago this week. Sky Liquors 6347 N Milwaukee Ave and Red Violin Wine & Spirits 7407 N Clark St please follow us on TWTR - @RockItCoin

http://bit.ly/1nUCJ2W

Submitted January 30, 2016 at 09:17AM by rockitcoin http://bit.ly/1nUCJ2X

Secure distributed data stored in blockchain

https://twitter.com/Petars_093/status/693548674912239617 via /r/CryptoCurrency http://bit.ly/20euMGR

Russian Finance Ministry considers bail-in for big bank depositors

http://yhoo.it/1JP3kIC

Submitted January 30, 2016 at 05:29PM by a56fg4bjgm345 http://bit.ly/1VxdQVi

Recap of the first European Parliament hearing on Bitcoin and virtual currencies

http://bit.ly/1UxIRIM

Submitted January 31, 2016 at 12:56AM by Coinosphere http://bit.ly/1KhGedD

Feature Interview: Netcoins Virtual Bitcoin ATMs Cater to “Tech-Savvy Demographic”

http://bit.ly/1RSFBcT via /r/CryptoCurrency http://bit.ly/1KNMkgT

crypto currency developers and programmers in asia

i want meet a professional firm or group of people in anywhere in asia who can guide me to launch my own legal crypto currency with a social application. just like get gems . but i have more develop idea in my mind about it. i want to know the about the budget too/please support me. please type contact information i am from india via /r/CryptoCurrency http://bit.ly/1RSFyOi

DirectBet is offering LIVE In-Play Betting on the Australian Open Finals !

http://bit.ly/1KNMkgM via /r/CryptoCurrency http://bit.ly/1RSFBcS

Fees are not on an all time high

http://bit.ly/1PoCPds

Submitted January 30, 2016 at 03:14PM by cryptobaseline http://bit.ly/1PGDt1D

My transaction hasn't been confirmed in over 24h, when will it be returned?

http://bit.ly/1SpxJyj

Submitted January 30, 2016 at 05:18AM by doctorrecommendedmus http://bit.ly/1NGaslb

Olivier Beddows and Max Kordek leave Crypti to establish Lisk! — Lisk Blog

http://bit.ly/1Uy6OPX via /r/CryptoCurrency http://bit.ly/1PM1CKp

Sia Decentralized Cloud Storage v0.5.1 - Improves Stability, Upload Speed, User Interface.

http://bit.ly/1Uy6Lnv via /r/CryptoCurrency http://bit.ly/1PM1CKm

Trade options on the Forum?

As more information on Rimbit and Exchanges begins to be available, we thought to do something that to our knowledge, has never been done and that is to create a trade platform within the confines of this forum.This is theoretical at this stage, but could conceivably be the Alternative to our own Rimbit Exchange.For instance, if we pulled DATA from sites like http://bit.ly/1PLXolW a user could see which Exchange is offering the cheapest Rimbit and they could buy from that exchange, from within this forum, via API's that are available on most exchanges.The same can be said about selling Rimbit on Exchanges, as forum users can see the trends, analyze and discuss what to trade and when to trade.Doing this would also help us get over the hurdle of our own Exchange, while also increasing, not only the amount of trade, but also the dollar value associated with Rimbit.At first, this would only be available to members who have x posts on the forum, as they will be the ones active on the forum and exchanges. via /r/CryptoCurrency http://bit.ly/1m5imyf

Louis C.K. realeases new show, "Horace and Pete," on his website. Accepts bitcoin as payment.

http://bit.ly/1PLHU1f

Submitted January 30, 2016 at 11:53PM by djfo77 http://bit.ly/1nuOyMH

Smartbit launches segwit blockexplorer and charts

http://bit.ly/1SqW4DQ

Submitted January 30, 2016 at 06:57PM by btcdrak http://bit.ly/1QyNt06

The Absolute Easiest Way to Explain Bitcoin

Communicating technology to not-so-technical people can be difficult, and even more so with something as complex as Bitcoin. After years of struggling my way through an elevator pitch, I've finally found something that works.

"Like email was a protocol created to send messages across the internet, bitcoin was created to send money across the internet."

People seem to instantly 'get it' by creating the parallel to e-mail.

We are all sales people at this point, and having a refined pitch when you come across someone not in the know is essential.

I hope this helps!

Submitted January 30, 2016 at 04:56AM by Wansyth http://bit.ly/1PFTHbj

Get free bitcoins

http://bit.ly/1PoXY7j

Submitted January 30, 2016 at 11:24PM by vensilver http://bit.ly/1PGRdcy

'The State of Bitcoin from a Stateless Point of View'

http://bit.ly/1KhvV9h via /r/CryptoCurrency http://bit.ly/1KhvV9i

Barter to Bitcoin — History of Money and the Blockchain

http://bit.ly/1nVc7Pf via /r/CryptoCurrency http://bit.ly/1OWLm5M

Is Mining Dead?

Im completely new to Bitcoin and mining in general and want to start (kind of late i guess). Ive seen alot of posts here saying that mining is dead and it doesnt get you any profit... Is there a new way of aquiring bitcoins or why dont you get any profit from it? 1 Bitcoin is like 540€ or something similar, is it so hard to aquire one?

Im not using a professional workstation or anything but my home computer, because im not using the full power of it anyways... Can i really loose money ? :D

Submitted January 30, 2016 at 09:15PM by Crysolite http://bit.ly/1JOZcZh

Bernanke says Fed likely to add negative interest rates to recession-fighting tool kit.

http://on.mktw.net/1WTdB8z

Submitted January 30, 2016 at 03:13PM by gonzobon http://bit.ly/1nUSyXj

Did David Bowie predict the Future of Bitcoin? If not here is a fascinating interview about his thoughts on the future of internet in 1999. Have a great weekend!!!

https://www.youtube.com/watch?v=LaHcOs7mhfU

Submitted January 30, 2016 at 06:09AM by MRDAT21 http://bit.ly/20cnqDZ

Prediction Market Assets on the BitShares Blockchain

http://bit.ly/1UwTpYB via /r/CryptoCurrency http://bit.ly/1RS7QZj

Someone told me that you guys might be interested in this - A spreadsheet I made with tons of unbiased, independently verifiable data on over 100 VPN services (Including those that accept Bitcoin!)

http://bit.ly/1nUFHUW

Submitted January 30, 2016 at 01:34PM by ThatOnePrivacyGuy http://bit.ly/1P3gr5L

Avalon 6 Miner Giveaway

I really like this pool and would like to see it grow. If you have more than 300ghs you can win an Avalon 6 miner.

Details here: http://bit.ly/1Ogg1Zf

Submitted January 30, 2016 at 01:04PM by Amicrazyorarei http://bit.ly/1m3pgnH

Opportunity for bitcoin? FanDuel and Draft Kings' payment processor Vantiv has cut ties with the daily fantasy sites. x-post r/fantasyfootball

https://twitter.com/CNBCnow/status/693164640105304065

Submitted January 30, 2016 at 08:43AM by rmeltg http://bit.ly/1nDUKCJ

We should not defer to Core on economics just because they're good at code and cryptography

http://bit.ly/1NGd5U9

Submitted January 30, 2016 at 05:27AM by go1111111 http://bit.ly/1JNh0DZ

Eric Lombrozo: Bitcoin Needs Protocol Layers Similar to the Internet

http://bit.ly/1QxME7H

Submitted January 29, 2016 at 11:10PM by kyletorpey http://bit.ly/1nDxu7K

This is how Bitcoin goes mainstream: DFS losing credit card processing contracts

http://nyti.ms/1SpxJhO

Submitted January 30, 2016 at 05:35AM by brighton36 http://bit.ly/1NGapGc

Looking for advice - Which bitcoin mining machine is best for my conditions? Data center (Rack mount)

I am an employee at a very large data center, it has come to my attention that I am allowed 6 units of rack space in a shared colo supplied with 110/20a 220v/30a power, and a 5mb internet link free of charge

If I wanted to invest up to $2500 into a rack mounted machine, without power usage being a concern, which would you suggest?

I would like the best TH/S per $, energy consumption is not a concern

Submitted January 30, 2016 at 08:19AM by brienze782 http://bit.ly/1SOYgqk

Is it worth it to start mining?

I'm interested in mining bitcoin or litecoin. Is it worth it if I'm willing to buy a s7 Antminer or something similar?

Submitted January 30, 2016 at 08:25AM by UltimateArts13 http://bit.ly/1nUcBoE

NEW CLOUD MINING 0.25 BTC FREE

HELLO I HAVE STARTED THIS MINE YESTRDAY IT GIVES 0.25 BTC BONUS FOR 100 GHS http://bit.ly/1QMxzBm LETS TRY AND SEE IF ITS SCAM OR LEGIT via /r/CryptoCurrency http://bit.ly/1ntRwkl

Rocketships and The Parable of the Desert Island

This morning I awoke to a post from /u/nullc describing how Bitcoin is dissimilar to a centralized payment network (he's right about that). Bitcoin is not Visa, even with 1GB blocks.

The analogy is made to a rocket ship with multiple stages, or layers. Each layer is important, and not all features or functions can be squished down into one layer. I am not an engineer, but I understand and respect this principle. I don't believe the base Bitcoin protocol can (or should try) to handle Visa throughput. Bitcoin is built to be the foundation of a decentralized financial system, not a high-capacity payment network. /u/nullc is correct about this.

And sure, Bitcoin can be appropriately thought of as a rocket, bound for the moon. We need brilliant engineers to build it. It takes a long time, the stakes are high, and design shouldn't be left to the crowd. Multiple stages and layers are needed, absolutely.

I'd like to consider another analogy, not of Bitcoin as a machine/rocket, but of the community which supports and builds it...

Let's imagine a desert island, with a crowd of survivors from some shipwreck or airplane crash (think of the opening scene from Lost). We, the Bitcoin community, are perhaps like that crowd. To get off the island, to succeed, we'll need to build a boat (or a rocket?). We'll need to work together. We have different skills, perspectives, and certainly different temperaments. Few of us knew each other before we arrived here, yet we find ourselves in close quarters, all with the shared vision of escape and all slightly terrified of failing.

And there is so much work to be done.

Consider that, even to survive for a while while we build our escape vessel, some prerequisite activities must be pursued. Food must be found. Water. Shelter. We must tend to the wounded. We'll need to seek out and collect raw resources, and form teams for construction. We disavow monarchs, so we must nurture social consensus and decentralized judgement.

Now, consider in the early days of this scenario, there might be significant controversy. Perhaps there is heavy disagreement on whether we should secure a source of clean water, or build shelter first. Maybe a violent storm is coming. A well can be dug, but only with the majority helping. A shelter can be built, but again only with the majority's effort.

At first, those who believe water is most important (call them WaterTeam) and those who believe shelter is most important (call them ShelterTeam) debate over the merits of each. They engage in civil debate, they are polite. They try to convince the other of the preeminence of their project. Unfortunately, neither is able to convince the other. Soon, bickering, squabbling, distrust of one another takes over from the previously rational conversation. Each team thinks the other must have bad motives, for how could they be so blind? Obviously, water is needed first. Obviously, shelter before the storm is paramount. Who sent these guys? Who do they work for? Why are they trying to sabotage us? They must be either idiots, or intentionally trying to destroy our chances of survival. They are not like us. They are the enemy. We are so vastly different, we must fight and diminish them.

Factions form, and become entrenched. Soon, the groups aren't even talking with each other. Meanwhile, thirst grows, while the storm draws nearer.

TeamWater, knowing itself to be correct, proceeds to dig the well. But they keep getting distracted. Shouts from TeamShelter are incessant. Several of TeamWater's best engineers spend half their time trying to keep TeamShelter from interfering with them. Whenever TeamShelter brings up their concern, which has been repeated so often, they are told, "Look, water is essential for life. If we don't have water, we will all die, and the storm won't matter. Let us dig this well." TeamShelter accuses them of elitism, of not paying attention to the looming storm. "Look how many people think shelter is important! The storm is almost here!"

Then, one of TeamShelter freaks out, writes a blog post, dismissing the entire effort, saying it has failed, and runs into the ocean never to be seen again.

Things turn darker. The incident frightens some from TeamShelter. They genuinely worry that if TeamWater maintains its stubborn hold on the group, everyone may indeed be doomed. Several people huddle together, and decide they're going to go off and find shelter on their own. They are going to split the group. It's contentious.

"You fools!" says TeamWater, "Don't you know how dangerous that is? Who knows what is out in that forest, there could be monsters. We would all need to go together, and it needs careful planning."

"Okay, then." TeamShelter says, "Will you promise to come with us to gather materials for shelter after the well is done?"

Silence.

"Will you guys help us build the shelter after the water is finished?"

Silence.

"Hello?!"

"This is not a democracy," TeamWater says, "We will not be swayed by public opinion. We are engineers, and we think the well is important, so we will continue building it. Gathering materials for shelter is very risky."

"Well okay, but we WILL build shelter, right?" TeamShelter asks.

"We've calculated that water is most important, so that's what we're doing." TeamWater counters.

"Okay, and then after that, shelter?"

"Getting the shelter will be risky. Right now, we need water." TeamWater reminds them. Insults fly. Tempers flare.

"Guys, we're talking past each other and it isn't very productive. We just need to know that, after the well, we can expect to go get some shelter. We know the shelter won't be permanent. We know it won't solve all our problems. We know it won't make us as efficient as Visa. We know there are risks out to there in obtaining it. We know water is important, too, but when the $%*# are we getting shelter?"

"Water is most important, please stop bothering us. We are engineers."

And both groups huddle down in their sandy trenches. Thirsty, cold, and angry with each other. The well proceeds slowly, subject to constant heckling and distraction.

TeamWater, while correct in its assessment of the importance of water, has been myopic. Focused on the building the well, and confident in its engineering acumen, it has ignored, to the peril of everyone, the importance of simple social cohesion. "We shouldn't have to be babysitters. We are not a PR company. It's not our fault if the masses can't understand the importance of the well," they say.

It is, as so common with human enterprise, an instance of missing the forest for the trees. Such benefit could be had, at such minimal cost, by simply looking up, recognizing the genuine worry and desire of the group for shelter, and waylaying their concerns.

"Yes, we know shelter is important," TeamWater could so easily say, "Your fear of the impending storm is valid. Help us with this well, and we'll then join you in the search for shelter. It's dangerous, so we need to be thoughtful, but we want shelter too and we'll get to it once this well is ready. Let's help each other."

Yes, let's help each other. Is that such an alien request? Is that so far out of the scope of an engineer's plans?

All that is required is a little humility, a little empathy, and indeed something that all engineers should have natively, a little reason... for a rocket ship is unlikely to ever be built if its team sits in disarray, unwilling to seize such considerable social benefit at such mere cost.

Submitted January 30, 2016 at 03:39AM by evoorhees http://bit.ly/1RRtkWb

Serious question: Why hasn't any one entity chosen a small altcoin ($1M cap or more) and 51% attacked it and fully taken it over? What would even happen?

I think that this would be a very interesting turn of events if this happened. via /r/CryptoCurrency http://bit.ly/1SpEQGX

How to start?

So... I'm late. Several years late but I've finally managed to save up some money and decided to invest in mining some cryptocurrency.I gave up on the idea of mining Bitcoin because the setup needed to mine them got way too expensive back in 2013 and it is only going uphill from there.So, I want to start mining some kind of altcoin (probably Litecoin) but atm I'm really not sure how to start.I already know the basics (wallet, miners, etc) I'm wondering what kind of rig I should buy and any other kind of advices woiuld be very welcome.Any ideas? via /r/CryptoCurrency http://bit.ly/1Qy1smM

DCG's Barry Silbert: 'We're excited by blockchain – but just as excited about Bitcoin'

http://bit.ly/1PKasrZ

Submitted January 30, 2016 at 12:33AM by werwiewas http://bit.ly/1UvDmKq

DigiReport - January 29th, 2016 DigiByte Update

https://www.youtube.com/watch?v=lkRwJPscvR8 via /r/CryptoCurrency http://bit.ly/23yK0pw

Warpcoin - Something Different Article

http://bit.ly/1Qzfsi2 via /r/CryptoCurrency http://bit.ly/1KL28kq

Crypto Currency Wholesaler Announces it will place ATMS Worldwide.

http://bit.ly/1PKg99n via /r/CryptoCurrency http://bit.ly/1PKg99o

Warp distribution is done! Help get warp on safecex!

http://bit.ly/1PKg99j via /r/CryptoCurrency http://bit.ly/1P2qSX6

Mycelium's Leo Wandersleb: Segregated Witness a Technical Necessity

http://bit.ly/1PnvPgH

Submitted January 30, 2016 at 02:14AM by thorjag http://bit.ly/1P2c7U7

Looking for S5 Stock Fans.

I was wondering whether anyone might be willing to trade some Corsair fans for any spare Antminer S5 stock fans.

Submitted January 30, 2016 at 02:03AM by Mbizzle135 http://bit.ly/1PYPmAy

(not exactly Bitcoin) Bank of Japan introduces negative interest rates

http://on.mktw.net/1P1B5De

Submitted January 29, 2016 at 03:11PM by m-m-m-m http://bit.ly/23xD8J4

Minority Branches | Gavin Andresen

http://bit.ly/1PF853w

Submitted January 30, 2016 at 12:28AM by maxminski http://bit.ly/1nDacii

SegWit & Soft Forks & Sidechains, Oh, My! - Andreas Antonopoulos on Bitcoin [Daily Decrypt]

https://youtu.be/kSq-58ElBzk

Submitted January 29, 2016 at 05:04AM by NimbleBodhi http://bit.ly/1Ke8vl6

Quantum Computing & The Future of Bitcoin Cryptography – Part I

http://bit.ly/1PnvQkL via /r/CryptoCurrency http://bit.ly/20yaogA

The Emotions & Memes of the Bitcoin Community: Transmission #52

http://bit.ly/1nDew11 via /r/CryptoCurrency http://bit.ly/1QxrPJu

Antminer S5 Fan Error

The machine hashes for about 30 seconds or so at its full hash rate, but the fan only runs at 720RPM. The kernel log says there's one fan error when I have one plugged in, and two with two. None of the chips are down, both boards work. Altering the fan percentage doesn't lift it from 720RPM, it seems hellbent on producing that error.

Anyone encountered this issue in the past?

Submitted January 30, 2016 at 12:58AM by Mbizzle135 http://bit.ly/1PYCIRW

Pantera Capital on Scaling Bitcoin

http://bit.ly/1Sn1W0W

Submitted January 29, 2016 at 08:04AM by youhadasingletask http://bit.ly/1UurlVK

NXT Ventures that you should keep an eye on

http://bit.ly/1JM8tRA via /r/CryptoCurrency http://bit.ly/1ZYLS6a

Ethereum project Grant Cryptocurrency

https://www.youtube.com/attribution_link?a=UvF_FFNwXLM&u=%2Fwatch%3Fv%3DFVb9GEGeXBA%26feature%3Dshare via /r/CryptoCurrency http://bit.ly/1PJK9ST

Ripple Rises and Partners with Japanese Financial Giant

http://bit.ly/20b9iuv via /r/CryptoCurrency http://bit.ly/1m0Su6R

This Site Likely Contains Sex!1ually Explicit Photos Of Someone You Know! my innt

http://bit.ly/1NFtZlX via /r/CryptoCurrency http://bit.ly/1KfajKM

A trip to the moon requires a rocket with multiple stages or otherwise the rocket equation will eat your lunch... packing everyone in clown-car style into a trebuchet and hoping for success is right out.

A lot of people on Reddit think of Bitcoin primarily as a competitor to card payment networks. I think this is more than a little odd-- Bitcoin is a digital currency. Visa and the US dollar are not usually considered competitors, Mastercard and gold coins are not usually considered competitors. Bitcoin doesn't provide credit, etc.

Never the less, some are mostly interested in Bitcoin for payments (not a new phenomena)-- and are not so concerned about what are, in my view, Bitcoin's primary distinguishing values-- monetary sovereignty, censorship resistance, trust cost minimization, international accessibility/boarderless operation, etc. (Or other areas we need to improve, like personal and commercial privacy) Instead some are very concerned about Bitcoin's competitive properties compared to legacy payment networks. ... And although consumer payments are only one small part of whole global space of money, ... money gains value from network effects, and so I would want all the "payments only" fans to love Bitcoin too, even if I didn't care about payments.

But what does it mean to be seriously competitive in that space? The existing payments solutions have huge deployed infrastructure and merchant adoption-- lets ignore that. What about capacity? Combined the major card networks are now doing something on the other of 5000 transactions per second on a year round average; and likely something on the order of 120,000 transactions per second on peak days.

The decentralized Bitcoin blockchain is globally shared broadcast medium-- probably the most insanely inefficient mode of communication ever devised by man. Yet, considering that, it has some impressive capacity. But relative to highly efficient non-decentralized networks, not so much. The issue is that in the basic Bitcoin system every node takes on the whole load of the system, that is how it achieves its monetary sovereignty, censorship resistance, trust cost minimization, etc. Adding nodes increases costs, but not capacity. Even the most reckless hopeful blocksize growth numbers don't come anywhere close to matching those TPS figures. And even if they did, card processing rates are rapidly increasing, especially as the developing world is brought into them-- a few more years of growth would have their traffic levels vastly beyond the Bitcoin figures again.

No amount of spin, inaccurately comparing a global broadcast consensus system to loading a webpage changes any of this.

So-- Does that mean that Bitcoin can't be a big winner as a payments technology? No. But to reach the kind of capacity required to serve the payments needs of the world we must work more intelligently.

From its very beginning Bitcoin was design to incorporate layers in secure ways through its smart contracting capability (What, do you think that was just put there so people could wax-philosophic about meaningless "DAOs"?). In effect we will use the Bitcoin system as a highly accessible and perfectly trustworthy robotic judge and conduct most of our business outside of the court room-- but transact in such a way that if something goes wrong we have all the evidence and established agreements so we can be confident that the robotic court will make it right. (Geek sidebar: If this seems impossible, go read this old post on transaction cut-through)

This is possible precisely because of the core properties of Bitcoin. A censorable or reversible base system is not very suitable to build powerful upper layer transaction processing on top of... and if the underlying asset isn't sound, there is little point in transacting with it at all.

The science around Bitcoin is new and we don't know exactly where the breaking points are-- I hope we never discover them for sure-- we do know that at the current load levels the decentralization of the system has not improved as the users base has grown (and appear to have reduced substantially: even businesses are largely relying on third party processing for all their transactions; something we didn't expect early on).

There are many ways of layering Bitcoin, with varying levels of security, ease of implementation, capacity, etc. Ranging from the strongest-- bidirectional payment channels (often discussed as the 'lightning' system), which provide nearly equal security and anti-censorship while also adding instantaneous payments and improved privacy-- to the simplest, using centralized payment processors, which I believe are (in spite of my reflexive distaste for all things centralized) a perfectly reasonable thing to do for low value transactions, and can be highly cost efficient. Many of these approaches are competing with each other, and from that we gain a vibrant ecosystem with the strongest features.

Growing by layers is the gold standard for technological innovation. It's how we build our understanding of mathematics and the physical sciences, it's how we build our communications protocols and networks. Thus far a multi-staged approach has been an integral part of the design of rockets which have, from time to time, brought mankind to the moon.

Bitcoin does many unprecedented things, but this doesn't release it from physical reality or from the existence of engineering trade-offs. It is not acceptable, in the mad dash to fulfill a particular application set, to turn our backs on the fundamentals that make the Bitcoin currency valuable to begin with-- especially not when established forms in engineering already tell us the path to have our cake and eat it too-- harmoniously satisfying all the demands.

Before and beyond the layers, there are other things being done to improve capacity-- e.g. Bitcoin Core's capacity plan from December (see also: the FAQ) proposes some new improvements and inventions to nearly double the system's capacity while offsetting many of the costs and risks, in a fully backwards compatible way. ... but, at least for those who are focused on payments, no amount of simple changes really makes a difference; not in the way layered engineering does.

Submitted January 29, 2016 at 07:54PM by nullc http://bit.ly/1SfEe8Q

Cracking Bitcoin’s Peudo-Anonymity – Part III – Legal Admissibility of Blockchain Forensics

http://bit.ly/23xM7Kg via /r/CryptoCurrency http://bit.ly/20xztse

Top Bitcoin Coders

https://twitter.com/NickSzabo4/status/692962583586947072

Submitted January 29, 2016 at 02:58PM by thorjag http://bit.ly/1QJEIlN

EARN BITCOINS FROM YOUR WEBSITE/BLOG/FAUCET FOR FREE

http://bit.ly/1So2aFg via /r/CryptoCurrency http://bit.ly/1nsjmxq

Adam Back on Twitter: ".@jnxpn understand #bitcoin social contract: majority MUST NOT be able to override minority. that is how political money fails. #consensus"

https://twitter.com/adam3us/status/692756252418576384

Submitted January 29, 2016 at 08:11AM by PMmeyourBitcoins http://bit.ly/1NEe72W

Relative noob looking to understand how crypto-currencies work

Hey, I am a relative noob to crypto-currencies, but I am looking to research about the same. Looking for links, scientific articles, blog posts, websites etc. that can explain to me how crypto-currencies work.My Background: I am well-versed in cryptography, so I can understand scientific articles that make references to the same. via /r/CryptoCurrency http://bit.ly/1RQCxy4

Is mining from Neptunes still worth it?

Looking at getting some neptunes repaired, have 4 in total, currently half of one is up and running. Considering the difficulty at the moment and that there are newer miners available, should i even bother?

Submitted January 29, 2016 at 04:50PM by dangerelis15 http://bit.ly/20aumS1

Should I Start Mining Bitcoin? - Incorporating Bitcoin

I know this is the place for mining Bitcoin. You guys are the source for all true information and opinions on the subject. I recently wrote an opinion piece titled Should I Start Mining Bitcoin. I would like your opinion on it. Any feedback is welcome, but I prefer the constructive kind.

Submitted January 29, 2016 at 03:06PM by subcypher http://bit.ly/1TqTZbP

Ashton Kutcher to his 17 million followers: "Why do I get the feeling that the best hedge against a Sanders or Trump nomination may be buying bitcoin?"

https://mobile.twitter.com/aplusk/status/692915871761702913

Submitted January 29, 2016 at 12:34PM by finalhedge http://bit.ly/1KJgmlJ

NEW FAUCETS CLAIM MORE THAN 5000 SATOSHI EVERY HOUR

HELLO THIS FAUCETS GIVES GOOD AMOUNT OF SATOSHI EVERY HOUR WITH LOYALITY BONUSES AND REFERAL PROGRAM.THEY ARE TESTED AND PAYING INSTANTLY!!! http://bit.ly/1SffQUI CLAIM 5 MIN BETWEEN 150-350 SATOSHI http://bit.ly/1OTMXcH CLAIM 20 MIN BETWEEN 250-550 SATOSHI http://bit.ly/1SffOw7 CLAIM 1 HOUR 1200 SATOSHI AND GOING UP EVERY DAY http://bit.ly/1OTMYNz 70 SATOSHI 0 MINUTE CLAIM + DAILY BONUS PAYMENT FAUCETBOX INSTANTGOOD LUCK ALL :D via /r/CryptoCurrency http://bit.ly/1SffOw9

Where do I exchange my alts?

No text found via /r/CryptoCurrency http://bit.ly/1lZCxOc

From Lawyer Capitalism To Programmer Capitalism - Epicenter Bitcoin

https://www.youtube.com/watch?v=hTuGoRdm5wo&t=3195s via /r/CryptoCurrency http://bit.ly/1Kev0qe

I want a crypto where the devs are paid in that coin they're programming and where they can only spend/move/divest once certain values (and not just monetary) are realized. Can we discuss?

What should these values be? What's the best way to incentivize miners to actually care about adoption and value? Can we discuss? via /r/CryptoCurrency http://bit.ly/1Uuutkz

How would I secretly mine on a computer?

How would I go about setting up secret mines at my college? Morality issues aside, I think the campus pcs at my college could make me a few cent if I had something run secretly on them. Any ideas?

Submitted January 29, 2016 at 10:08AM by FGImember001 http://bit.ly/1nSkrPH

PwC and Blockstream Announce Strategic Partnership

http://bit.ly/1PWBsi6

Submitted January 29, 2016 at 07:40AM by tracss http://bit.ly/1SmtKT2

I have a few stupid questions to ask

I am very new to this mining thing and I find it quite interesting. I have a few beginner questions to ask so I apologize if they may sound dumb.

How many ghash/s do you need to make it even worth your time? After watching a few guides I realised that it is the gpu which is doing the "mining" so I figured a gaming computer would be decent for this since the gpu is also the most important factor for gaming. However, I tried with my gtx 970 and I only get .5 ghash/s. When I put this into some calculators it says I will make like 3 cents a month not accounting for electricity costs lol. So my other question is how are these mining computers able to get 1000s of ghash/sec or more? I mean even if you had like 4 titans wouldn't that only be like say 10 ghash/s assuming the 970 is .5? And the cost of that would be far more than the price I see most of these mining machines going for. So is the gpu actually the only thing that matters or is there more to it?

Submitted January 29, 2016 at 09:23AM by T4keTheShot http://bit.ly/23wTkKv

My ether wallet is my own bank

https://www.youtube.com/attribution_link?a=90xLxgLUVbw&u=%2Fwatch%3Fv%3DfKK-mEPZlfI%26feature%3Dshare via /r/CryptoCurrency http://bit.ly/1KIR9I0