The Internet Watch Foundation, a charity based in the UK which aims to remove child pornography from the Internet claims it has seen an up tick in child pornography websites that accept Bitcoin as payment. Continue reading
Category Archives: Commentary
CoinAgenda Conference Begins Today
After a reception last night the CoinAgenda and BitAngels conference kicks off today at the Palms in Las Vegas. The conference is composed of two parallel activities, a series of speakers and a competition where 20 startup proposals are presented and judged. Featured Speakers include: Continue reading
Ulbrich Defense Has 48 Hours to Counter Prosecution's Horowitz Rebuttal
At today's hearing the day after the Justice Department filed a motion which asserted that cracking the Silk Road servers would constitute a lawful search, the judge in the case has given Ulbricht's defense team a mere 48 hours to counter the arguments in the filing. Ulbricht's trial is scheduled to begin November 3rd.
Silk Road: Government files response to Horowitz Declaration
Below is the text extracted from the pdf of the filing available here. Continue reading
CryptoThrift Suspends Escrow Service, Coins Lost in Breach
Auction site CryptoThrift has announced that they have lost more than 15 BTC in a breach of a hot wallet they used for keeping coins in escrow. The incident happens nearly one year after Bitmit, another auction site was hacked for a similar amount. Bitmit shutdown after the operators could not find a buyer who could cover losses. According to CoinThrift the attack occurred early the morning of October 5th but went undiscovered for some time. They report contacting Australian Federal Police about the incident.
RockMiner R4 Devices Seized at Customs, One Person Detained
Four Rockminer R4 Bitcoin miners were seized by the Customs Service in Chita, Russia along with the Russian Citizen transporting them according to a report by Coinside.ru's Maxim Primakov. According to the report this action may be supposed to be the beginning of a practical campaign against Bitcoin by the Russian Government following longstanding rhetorical opposition to Bitcoin by elements of the Russian Government.
Coinside's report offers hope that Customs officials along the European border may be less capable or inclined to seize Bitcoin mining devices, but cautions their readers about having mining devices delivered by Russian Post as the time taken to receive a Bitcoin miner is a critical factor that affects its possibility to mine profitably.
CryptoCoinsNews Is Anything But
CryptoCoinsNews1 began its life as a MFA2 website that took the daily fecal matter which reached the top of /r/bitcoin, rewrote it and regurgitated it back into the reddit system for upvotes, views and of course, Adsense revenue. The site looked like the creation of your typical Digital Point native, full of articles with poor English and straight up duplicate content stolen from other websites. Continue reading
Hashers United Con-ference
Hashers United is billed as the first global bitcoin conference focused on the problems facing miners. This includes important issues affecting the industry such as the market outlook and the trends that determine what decisions you must make to ensure profitability1. It is scheduled to be held on October 10th and 11th, 2014 in Las Vegas, Nevada at the Tuscany hotel and casino. This is the event GAW Miners referred to when they spoke about revealing their hats and t-shirts. Continue reading
whose profitability? ↩
GAW Miners Revealed As The Jizz Moppers Supreme
This is an abridged transcription of a Q&A session held by GAW Miners conducted on Oct 1st, 2014. The answers given to user submitted questions does not shed any further light on what an actual hashlet is. In fact, some of the responses indicate just how clueless they are. When asked what chips GAW Miners use, Josh Garza's behaviour is quite revealing. Continue reading