Deep down in the bitcoin mine A HUGE aircraft hangar in Boden, in northern Sweden, big enough to hold a dozen helicopters, is now packed with computers—45,000 of them, each with a whirring fan to stop it overheating. The machines (pictured) work ceaselessly, trying to solve fiendishly difficult mathematical puzzles. The solutions are, in themselves,…
With the integration of BitGo multi-sig technology, Bitstamp is now the first and only major bitcoin exchange to incorporate the industry’s best security practices available today.
COMPLETELY NEW HARDWARE INFRASTRUCTURE
The Bitstamp systems are running on 100% new hardware deployed from a completely secure backup of our code and data.
AMAZON WEB SERVICES
Bitstamp is now running on Amazon’s world-class AWS cloud infrastructure, architected to be one of the most secure and reliable cloud computing environments available.
As a note of thanks to our loyal customers, all transactions conducted on Bitstamp through the end of the North American Bitcoin Conference – January 17th (at 11:59pm UTC) – will be commission-free.
The big question that remains now is if Bitstamp will be able to quickly return the positions it had prior to being hacked and being offline for a few days. So far the exchange apparently hasn’t lost the trust of many of the users, but still some of the people that used Bitstamp as a primary exchange could decide to move their coins and continue trading in another alternative exchange due to the downtime and may not resume using the service now that it is back online.
It seems that the ASIC mining hardware manufacturer BFL has resumed operations butt should you care at all about that? Butterfly Labs has outdated Bitcoin mining hardware, so no reason to order the 700 GHS Monarch Bitcoin mining cards or the cloud mining plans at $2.75 per GHS. If you however have ordered any of…
Bitcoin continues to be in its early stages of market development. we tend to area unit inquiring a slow method of realizing however knowledge is wherever we are going to build our next biological process leaps in advancement. For this reason I even have been operating in bitcoin and on bitcoin blockchain technologies, to assist…
GAW Miners new bitcoin Killer? Paycoin Paycoin is a coin adopted by GAWMiners as it’s official coin. For now, cloud Paycoin miners are in high demand as only a few select, 14 users have received their miners. Some of these users have already put their miners on the Hash Market for thousands…
Cryptocurrency mining hardware designer KnCMiner is planning to deploy its next generation bitcoin ASICs in early 2015. The Swedish company announced that its upcoming Solar ASIC will be manufactured on the new 16nm FinFET node, allowing for significant performance and efficiency gains. In a statement, the company said that it would be relying on solutions…
Global Bitcoin mining equipment company KnC Miner announced in a press release that they will grow their business with a 20 MW datacenter in Boden, in The Node Pole region near the Arctic Circle in Sweden. The investment – called Boden 2 – bring their site to a total of 30 MW and 15 000…
A new company by the name of Sfards has slowly been making it’s rounds in the community as a new mining ASIC manufacturer. The company was formed by joining three companies together, Diginforce, WiiBox, and Gridseed. Sfards is essentially a new entity consisting of the companies Gridseed, WiiBox and Diginforce. Diginforce was the sales and…
For a cryptocurrency that was once termed as the next-best to Bitcoin, Litecoin certainly looks like an underachiever. Like Bitcoin itself, this silver coin came to fame by riding high on hypes. And certainly it had its share of success in the initial stages, thanks to the widespread media coverage it received by leading media…
Is a perfect storm of rising difficulty and falling bitcoin prices killing home-based hobbyist mining? Some industry experts think so. Ravi Iyengar, founder and CEO of CoinTerra, said that his company used to sell equal numbers of ASIC mining units to individual investors and institutional miners, who would buy them in larger volumes. “The ratio of small…
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