cgi_man

5 ms·

1.
by cgi_man 12y ago
It looks like Devonshire is the investment arm of Fidelity. Interesting to see some traditional finance guys making investments in the space.
2.
by cgi_man 13y ago
It would be great if there was a single standard so unique drivers don't have to be built from scratch for every new bitcoin mining ASIC that's developed.
3.
by cgi_man 13y ago
A few days after they posted they were considering it, they said they decided not to and will be continuing operations to US citizens with an added disclaimer.
4.
by cgi_man 13y ago
The accounts seized were for Mutum Sigillum, their US subsidiary. The claim is that MS transferred funds from Mt Gox's Dwalla account to Mt. Gox's overseas account, which fits under the definition of a MSB in the US.
5.
by cgi_man 13y ago
As far as I've seen no account holder's money has been forfeited... however they're clearly having withdrawal issues which may be related.
6.
Additional $2.1M Seized from Mt. Gox Accounts – Now Over $5M Total(thegenesisblock.com)
102 points by cgi_man 13y ago|62 comments
7.
by cgi_man 13y ago
It sounds like they're not interested in those types of businesses though. They want to invest in the easily scalable.
8.
Convicted Army private Bradley Manning says he's a woman(usatoday.com)
7 points by cgi_man 13y ago|0 comments
9.
Meet the Dread Pirate Roberts, the man behind Silk Road(forbes.com)
276 points by cgi_man 13y ago|129 comments
10.
by cgi_man 13y ago
The title was accurate. Blocks are being found at a rate of 1 every 5 minutes. There's no way the next difficulty jump will be enough to bring the speed to 10 minutes since it takes the average time over the last 2016 blocks. It's
11.
NY regulator issues subpoenas to firms tied to Bitcoin: WSJ(rawstory.com)
1 points by cgi_man 13y ago|0 comments
12.
56.4 TH/s of Avalon Bitcoin Mining ASICs Reportedly Held Up in Customs(thegenesisblock.com)
10 points by cgi_man 13y ago|0 comments
13.
Famed Trader Joe Lewis Backs Bitcoin(online.wsj.com)
30 points by cgi_man 13y ago|14 comments
14.
by cgi_man 13y ago
There's a field to change the bitcoin exchange rate over time.
15.
by cgi_man 13y ago
I like the calculator at http://mining.thegenesisblock.com/ better. Using the defaults for network and all that it seems to give around $23,000 profit for the year.
16.
Bitfury 400 GH/s Bitcoin Mining Rig Hits US Shores(thegenesisblock.com)
71 points by cgi_man 13y ago|70 comments
17.
10,000 Bitcoin Mining ASIC Chips Arrive in Switzerland – 3 TH/s(thegenesisblock.com)
37 points by cgi_man 13y ago|53 comments
18.
by cgi_man 13y ago
All of those functions existed before DHS. DHS can be abolished and those will be moved to other services.
19.
by cgi_man 13y ago
The avalon chips the author is describing in the article are 110nm I believe.
20.
by cgi_man 13y ago
Somewhat splitting hairs... it's adjusted to 10 minute blocks, and there's also a huge variability in how frequently they are discovered. Even if the average was 10 min, there are blocks found within the same minute, or with 30+ m
21.
by cgi_man 13y ago
The chip technology is an older process using 110nm technology. There are already several companies working on 40nm technology which will be more power efficient and be significantly faster per chip.
22.
by cgi_man 13y ago
The creation rate of BTC is fixed every 10 minutes. More ASIC power does not equal more BTC.
23.
Latest Shipment of Avalon ASICs Could Increase Network Hashrate By 500%(thegenesisblock.com)
46 points by cgi_man 13y ago|45 comments
24.
Bitcoin Upgrade Makes Life Easer for Merchants(thegenesisblock.com)
4 points by cgi_man 13y ago|0 comments
25.
Comparing Bitcoin to the American Revolution(thegenesisblock.com)
5 points by cgi_man 13y ago|0 comments
26.
Indictment In Bitcoin-related Scheme For Mitt Romney's Tax Returns(forbes.com)
1 points by cgi_man 13y ago|0 comments
27.
Bitcoin Black Market Competition Heats Up(forbes.com)
68 points by cgi_man 13y ago|47 comments
28.
Turbulence at Mt. Gox Creates Arbitrage Opportunities For Bitcoin Traders(thegenesisblock.com)
19 points by cgi_man 13y ago|7 comments
29.
by cgi_man 13y ago
Agreed... I don't really understand why it moves opposite of gold either. Does that mean that bitcoin is considered a high risk asset instead of a safety asset?
30.
Want To Know Where BTC Prices Are Going? Watch USD(thegenesisblock.com)
36 points by cgi_man 13y ago|23 comments

More ›