Bitcoin Miners Thinking About the Future: Help Fight Terrorism

The United States Military has eyes on the prize and this time the prize is Bitcoin. In the recent Virtual Currency Workshop held in Tampa, Florida, officials from the U.S. Special Operations Command went ahead and discussed with leading members of the Bitcoin industry the possibilities of    the crypto currency helping aid terrorist groups. The closed-door conference looks to determine the potential for anti-American forces to utilize Bitcoin’s unregulated and mainly anonymous nature to fund these operations. The conference was the first of its kind in relation to the Bitcoin industry, including Bitcoin miners, to directly meet with the USRead More

Switzerland University Tests New Bitcoin Payment Solution

If you happen to attend the University of Zurich – Switzerland’s largest— and you’re either a Bitcoin miner or simply have a few Bitcoins of your own and want to pay your lunch with these, the time has com. The University has decided to integrate a new Bitcoin payment solution that was created by a nine-member group that includes both university doctoral students and faculty members. CoinBlesk is a payment option that will be put to the test for two weeks in one of the campus cafeterias. This mobile-payment system has been designed to use two-way Near Field Communication (NFC)Read More

You Can Now Pay your Dish Network Bill with Bitcoins

Back in May, Dish Network – the #1 provider of Satellite TV – announced that they would become the largest company to date to accept Bitcoin payments. However, even though many were excited, including Bitcoin miners, everyone had to wait just a little longer until the integration with Coinbase – the payment processor – was finalized. Now, the Colorado-based company has gone live with their Bitcoin payment program and you can feel free to pay your DISH bills by using your most precious crypto currency: Bitcoin. The first to use the new payment option were newlywed bloggers Austin and BeccyRead More

airBaltic Will Not Be Charging Bitcoin Transaction Fee

A few days ago airBaltic – Latvia’s national airline – announced they would become the first to accept Bitcoin payments. The Bitcoin community, including Bitcoin miners and enthusiasts everywhere, couldn’t have been more excited about the news. However, there seemed to be a small problem that gave some a bad feeling about this particular move: airBaltic would be charging a small transaction fee. This did not bode well with the Bitcoin community since the digital currency is free of any charge as opposed to credit card transactions. The low-cost Latvian airline initially decided to charge a €5.99 transaction fee forRead More

Film Annex – A Social Media Platform that Pays Users with Bitcoin

Bitcoin miners, Bitcoin payment processors and Bitcoin mining hardware are not the only ones on the news these days. Back in February, Film Annex Networks– the social media platform that pays users for uploading content to their site – announced that it would be the first of its kind to reward members with Bitcoin. The more content creators write blogs, upload films and share, the more they get rewarded. And now, they can opt to receive these rewards in the crypto currency. Film Annex has over 300,000 registered users in 245 different countries across the world. Authors are measured withRead More Giving Away 100 Bitcoins to the Perfect World Cup Bracket

The 2014 Brazil World Cup is in full effect and Bitcoin miners and enthusiasts who are into this beloved event can turn their good luck into Bitcoins. – a popular Bitcoin sportsbook – is offering 100 Bitcoins (close to $65,000 at the current price) to the bettor that’s able to pick the perfect World Cup Bracket. According to the company’s website, “To win, successfully pick the winner and runner up of each group, along with the winner of each knock-out round game all the way through to the final.” Bettors do not have to pay a buy-in for thisRead More

You Can Now Pay Your Dish Network Bills with Bitcoin

Dish Network , one of the most important satellite service providers, has close to 14 million subscribers and the vast majority of these have no idea what Bitcoin is, how Bitcoin mining works, what Bitcoin miners are or even know about the existence of crypto currencies altogether. However, despite the lack of information their customer-base may have regarding the digital currency, Dish has decided to start allowing Bitcoin payments by the end of 2014. According to Dish Network’s press release, the company is “the largest company to accept bitcoin.” Dish’s move follows the previous decisions to take Bitcoin payments madeRead More

Two News Bitcoin Wallets: Trezor and Hardbit

Hardware Bitcoin wallets are not running low within the Bitcoin community. Whether you’re just a solo Bitcoin miner or you’re thinking of much bigger plans, a couple of brand new Bitcoin wallets are worth your time checking out. As you probably know by now, you can either store your Bitcoins locally, for instance on your own personal computer, which allows you to have complete control of your coins and safeguard these yourself.  Or you can also store your Bitcoins in the cloud via these popular online wallets, which gives you the chance to access your coins while on the road.Read More

Bitcoin Miners Everywhere: Bitcoin Is Staying Put

Bitcoin isn’t going anywhere. Payments firm Stripe recently announced they’re going to be adding support for Bitcoin payments. Square Market virtual stores have also taken notice and added Bitcoin as a form of payment as well. What is the big deal surrounding Bitcoin? Well, this digital money belongs to the family of crypto currencies, which are based on the idea that cryptography needs to be used to control the creation of the currency and its successive transactions. This contrast heavily with the state of affairs, which sees centralized authorities, take the lead in the creation of legal tender. Without aRead More

Are Bitcoin ATM’s the Future?

The Bitcoin community seems to be growing stronger with every passing day. If you happen to be a Bitcoin miner, you couldn’t be working on a better future for yourself. Another huge part of the industry are the Bitcoin ATM’s that are also growing in popularity rather quickly and demand is higher than ever. Bitcoin ATM’s aim to help Bitcoin users with their crypto currency needs right then and there. There are a great deal of production companies and developers working on and placing these machines all over the world. One of the most popular Bitcoin ATM developers is GenesisRead More