In just half an hour, a Cowboyminers Bitcoin mine in Thailand burned to the ground, causing a vast decline in hashrate, and affecting the entire international virtual currency network.
Read moreThe currency dubbed ‘gold 2.0’ briefly traded above the price of its long term store of value competitor Yes, it has finally happened – gold has been dethroned as a store of value and an inflation hedge! Oh well, maybe it’s too soon to predict the doom of an age old currency such as physical gold…
Read moreNevada based company Robocoin has installed its first Bitcoin ATM machine in Vancouver. Prices for the digital currency Bitcoin keep on steadily rising, as it did not seem to lose its luster after the Silk Road debacle and kept marking new recent highs at the end of October helped in part by a Chinese major…
Read moreThe big winner from Bitcoin's price rise? Advanced computer hardware makers. As they said during the California Gold Rush of the 1850s, it is the shovel companies that made the big money.... Despite periodic bouts of volatility, Bitcoin prices continue to steadily rise, and now, at about $135, are valued at more than 10 times…
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