Cold Storage: Part 3

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This entry is part 3 of 3 in the series Cold Storage

This entry is part 3 of 3 in the series Cold StorageIn previous installments, we’ve discussed the nature of cold storage and built a cold storage solution using an inexpensive netbook, Lubuntu and Electrum. Today we’re in the home stretch: We’ve built our new toy, we just need to learn how to use it. No […]

Cold Storage: Part 2

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This entry is part 2 of 3 in the series Cold Storage

This entry is part 2 of 3 in the series Cold StorageYesterday I posted part oneĀ of my first ever multipart video series and I’m proud to announce that part two is now available. This time around, we’re actually building a cold storage system using a relatively inexpensive netbook, Lubuntu and Electrum. 1 tip so far0.005121 […]

Cold Storage: Part 1

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This entry is part 1 of 3 in the series Cold Storage

This entry is part 1 of 3 in the series Cold StorageThere’s a local Bitcoin lunch I go to most Wednesdays. It’s about the sort of thing you’d expect, a good core group of regulars and a rotating cast of interested novices hanging around, sharing knowledge. What surprised me is that nearly all of these […]

On MtGox and Transaction Malleability

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Late last night, as most of us here in the U.S. slept soundly, a statement was issued by MtGox, one of the largest and oldest Bitcoin exchanges. The contents of that statement contained allegations that rocked the Bitcoin world and created a panic that saw market values dip nearly 25%. The allegation posed is that […]

Market Dip Got You Down? Credit Card Users Had a Worse Week.

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Over the last few days, the value of a Bitcoin has dropped dramatically. This is nothing we haven’t seen before, but there are a lot more people in this market now, people who haven’t been through multiple bubbles and crashes, who aren’t hardened and tempered by past experience, people who post the suicide hotline number […]

SnapCard: Filling the Gaps in Bitcoin’s Infrastructure

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It’s not often that I have such an overwhelmingly positive experience with a merchant or service that I feel the need to recommend them publicly, so don’t take this lightly: SnapCard and the people who run it are pretty amazing. The service was excellent, the tech was fairly seamless and they didn’t charge me an […]

Democratic Currency:
Why Bitcoin is So Hard to Regulate

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This entry is part 9 of 9 in the series Explaining Bitcoin

This entry is part 9 of 9 in the series Explaining BitcoinWith the recent Senate hearings that could determine Bitcoin’s fate (in the U.S. at least) there’s one word that’s been on the tip of many a tongue: Regulation. We’re told that Bitcoin could fund terrorism, fuel the “wrong” side of the drug war and […]

Explaining Bitcoin: Greg Dean

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This entry is part 8 of 9 in the series Explaining Bitcoin

This entry is part 8 of 9 in the series Explaining BitcoinIt occurred to me the other day that I’ve spent a lot of time explaining Bitcoin to people. There’s a sort of “standard formula” for explaining Bitcoin that works most of the time, but sometimes you run across a difficult point or just explain […]

Another Day in Bitcoin History:
The Million Dollar Purchase

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The challenging thing about writing the Bitcoin news is that there are so many things always happening that it’s difficult to decide what’s important and what isn’t. Even more difficult is sourcing your information in a culture built around anonymity and secrecy. Every once in a while, though, something shows up from an already-vetted, trustworthy […]

Is ASIC Mining Unprofitable? Depends on Your Definitions.

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This entry is part 6 of 9 in the series Explaining Bitcoin

This entry is part 6 of 9 in the series Explaining BitcoinEverywhere you turn it seems someone is trying to convince you that ASIC mining is no longer profitable and you should just pack it in before you even start. “I already sold all my miners on eBay” they say. “You’ll never see ROI” they […]