bitcoin
Bitcoin, and Cryptocurrency in General, Had a Terrible November

Bitcoin, as well as smaller cryptocurrencies like XRP and ether, had a terrible November that saw $70 billion in value wiped off the market, CNBC reported on Friday. Read More >>

crime
Suspect In Bitcoin Mining Heist Who Broke Out of Icelandic Prison Realises Icelandic Prison Ain’t So Bad

Everyone wants to go to Iceland to get that perfect selfie for their dating profile and briefly feel what it’s like to exist in an actual paradise. But last month, a man who is suspected in a heist of £1.4 million-worth of bitcoin mining gear only wanted to get out. After pulling off a daring prison break, however, he’s again in police custody, and he’d like to go back to Iceland, please. Read More >>

cryptocurrency
City In New York Becomes First to Ban New Bitcoin Mining

The people of Plattsburgh, New York have had enough. On Thursday night, the city council approved an 18-month moratorium on new cryptocurrency mining operations. The temporary ban will be used to figure out what to do with these ding dong miners using up all the electricity. Read More >>

bitcoin
What it’s Like Inside One of the World’s Largest Bitcoin Mines

Bitcoin mines are a lot like mineral mines: dark, dismal, and dangerous. Most people wouldn't know this, though, since these facilities are tucked away in weird, remote corners of the globe. That said, Motherboard recently visited one of the world's largest bitcoin mines in a remote corner of China and made a documentary about it. Read More >>

bitcoin
A Huge Fire Took Out a Bitcoin Mining Operation

It's 2014, and this is what a mining accident looks like. A massive fire reportedly broke out at a Bitcoin mining facility in Thailand last month, devastating all three of its buildings and possibly millions of pounds in hardware. The fire might just be a wakeup call to all the startups trying to mine Bitcoin on the cheap. Read More >>

bitcoin
Mining Bitcoin With Pencil and Paper

I decided to see how practical it would be to mine bitcoin with pencil and paper. It turns out that the SHA-256 algorithm used for mining is pretty simple and can in fact be done by hand. Not surprisingly, the process is extremely slow compared to hardware mining and is entirely impractical. But performing the algorithm manually is a good way to understand exactly how it works. Read More >>

uncategorized
There’s an Apple Bitcoin Prank That’s Hilarious and Devastating

General piece of advice: don't go around typing stuff into your computer's terminal window based on some pictures you found randomly floating on the internet. You're not very likely to unlock a hidden bitcoin miner in your Mac, and far more likely to brick the thing instead. Read More >>

bitcoin
Digital Drills: The Monster Machines that Mine Bitcoin

Bitcoin! It's everywhere right now. Its value is dropping, spiking, dropping again. More and more new converts are hopping in, buying a few coins and trying their hands at the market, looking to make a quick buck with a profitable exchange. But all the while, there's an ever-dwindling army of specialists working in the shadows, painstakingly extracting more and more digital doubloons from the cryptographic static. Read More >>