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29,658.80112195 Confiscated FBI Coins on the move
We have been waiting and here it is, the 29,658.80112195 Confiscated FBI Coins held in 1Ez69SnzzmePmZX3WpEzMKTrcBF2gpNQ55 have started their move.It is not into the eventual 30,000 BTC blocks from the...
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Timothy C. Draper won all of the FBI SilkRoad Bitcoins
It was quite possible we may have never found out who won the US Marshal Service auction for the 30,000 Bitcoin (just under 20 Million USD at today’s rate). It was quite possible that the next time...
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13th Million Bitcoin Mined
It is in truth a minor milestone but for those who like “large whole numbers” block 310001 has just been mined by Ghash.IO pushing the total amount of bitcoin to 13,000,000.That means that there only...
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New Zealand Exchange Bitnz.com hacked, 39 bitcoin stolen.
New Zealand bitcoin exchange site bitnz.com has been taken by the administrator leaving the message “bitnz.com under maintenance. Apologies for the inconvenience (contact(at)bitnz.com).”.It seems that...
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Satoshi Nakamoto’s email address satoshin@gmx.com appairs compromised
Satoshi Nakamoto, much revered and currently missing inventor of bitcoin seems to have had his email address compromised by an unknown agent.You may or not remember, Satoshi exclusively used one email...
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Warning: Do not download bitcoin from SourceForge
In a continuation of today’s earlier news that Satoshi’s email account has been compromised it now seems that the perpetrator has used the email account to compromise other Satoshi accounts.First,...
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How I accidentally hacked the igot exchange
Preface I agonized a bit about if should post this, igot responded and acknowledged the problem but unfortunately they don’t see it as a major issue at the moment saying “Since this is a small...
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BTCGuild may be closing
BTCGuild, one of the oldest mining pools that first opened on the 9th of May 2011 issued a statement on their website and reddit that the pool will be closing on the 30th of November 2014. The full...
View ArticleBitcoin Difficulty Reversing
As the graph below from BitcoinWisdom shows for the first time since just before ASICs (Application Specific Integrated Circuits) started to work on the bitcoin network it is possible that we may see a...
View ArticlePhysics and economics will [ensure] distributed mining… I’m not worried
Every now and then I read something that I think is inspired. In this instance I came across a reddit post by someone going by the handle of foolish_austrian. His expertise and unique look on where...
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