cryptocurrency

  1. FrgMstr

    Bitcoin - What Goes Up Must Come Down

    There are lot of stories making the rounds this morning about the huge drop in Bitcoin cryptocurrency prices dropping like rocks lately, however it is worth noting that this is on the heels of huge gains seen at the end of last year. Of course if you bought at it's high of around $20K, it...
  2. FrgMstr

    Threadripper Pays for Itself Using Cryptocurrency Mining @ [H]

    Threadripper Pays for Itself Using Cryptocurrency Mining If you could have your AMD Ryzen Threadripper pay for itself over time, would you? No matter your feelings towards cryptocurrency mining, you can get your Threadripper mining today, and paying for itself. The process could not be much...
  3. FrgMstr

    Samsung Building Mining Chips

    This is the best thing I have heard all year when it comes to mining! Samsung is now in the mix with TSMC and GloFlo when it comes to making mining ASICs. I hope we see more specialized chip production for mining-specific applications to ease some of the burden on the dwindling GPU supply that...
  4. R

    Blockchain Startup Takes $11, Leaves Penis

    In a report yesterday, blockchain start up "The Prodeum Project," whose goal was to "revolutionize the fruit and vegetable industry" with Ethereumhas apparently absconded with millions of investor dollars. Upon exiting with the investors money, the website went offline, ad was replaced with one...
  5. R

    How to Launder $500 Million in Cryptocurrency

    Following up from Fridays theft of $500 Million in NEM coins, Bloomberg has posted an article about the hack. According to the article, Coincheck has not disclosed how their system was breached, aside from it wasn't an inside job. No one knows who owns the accounts that the coins were...
  6. Hagrid

    Cabinet Mining Rig Build

    I built a miner cabinet from a cabinet I bought on Amazon. https://www.amazon.com/gp/product/B004HLU7CE/ref=oh_aui_search_detailpage?ie=UTF8&psc=1 It has a 18n exhaust with fan which will be attached to the ceiling. The intake is through a 14x25 air filter housing. The wiring is 6ga 240v...
  7. P

    Mining & Cryptocurrency Guides

    Use this stickied thread for guides to mining and cryptocurrency.
  8. FrgMstr

    Lots of GPUs Needed to Make Up for $500M Theft

    CoinCheck has now suspended cryptocurrency trading after $530M worth of NEM tokens from hot wallets has been stolen. This is supposedly the largest cryptocurrency theft ever made public. Going to have to buy a lot of Maingear mining rigs to make up for that.
  9. FrgMstr

    Maingear and Sood Defending a Defenseless Position on Selling Crypto Boxes?

    Maingear sent out a press release yesterday heralding its new mining boxes that contain up to six GPUs. Our news post did get some reaction. Raul Sood, the CEO of yet another cryptocurrency (Unikrn), and the crypto being hawked along with Maingear's crypto box, took issue with our news item...
  10. FrgMstr

    Crytocurrency and Taxes in the US

    USA today tells us that cryptocurrency investments and purchases are possibly open to be taxed twice depending on how long you have owned the crypto and what exactly you did with it. You might be open to both taxes for capital gains and taxes on income. Bet your bottom Bitcoin that the IRS is...
  11. FrgMstr

    How to Get Rich and then Go to Jail the Cryptocurrency Way

    Pump and dump comes to cryptocurrency! But given the fully unregulated environment, I am sure it comes as no surprise. However, the CFTC is surely taking note of illegalities going on in the marketplace. If you invested in My Big Coin (MBC), I would suggest you will not be getting much ROI on...
  12. FrgMstr

    Not Enough GPUs for Gamers - Maingear Helps Make Sure

    While the DIY computer hardware enthusiast is the guy that is getting screwed over the worst with this GPU shortage that fully lays at the feet of cryptocurrency mining, there has been somewhat of a "loophole" if you were desperate. That loophole has been to buy a pre-built box from a boutique...
  13. Gilthanis

    How to get SPARC during the Alpha phase using BOINC

    Edit 1/11/2019 The Alpha is OVER and can no longer get DCC from running BOINC projects!! The DCP beta is now online! Sign Up Thank you for participating in our alpha program. January 9th 2019 will be the last time the alpha is updated, we will be leaving the website as is and continue allowing...
  14. R

    AMD and Nvidia Must Do More To Stop Shortages and Gouging

    An article from CNBC is calling out AMD and Nvidia for not doing something to combat the product shortages and price gouging occurring in the GPU market. Speaking about the shortages, Shrout Research's Ryan Shrout wrote in an email "Because of that, many enthusiasts and DIY builders are putting...
  15. R

    Countries Are Wanting Their Cut of Cryptocurrency Profits

    In reports today, India and South Korea are announcing they want their cut from cryptocurrency investors. BlockTribune and others are reporting that India has sent tax notices to cryptocurrency investors following a nationwide survey. The notice asks crypto investors to provide details of their...
  16. FrgMstr

    Opera Mobile Browser Takes on Cryptojacking

    Opera started off the year with adding Cryptojacking protection to its desktop browser, and now follows suit with its mobile browser as well. Of course "cryptojacking" refers to a cryptocurrency mining program being run on your desktop or mobile hardware without your knowledge, which can...
  17. R

    TSMC Is All About Crypto Suddenly

    The world's largest chip manufacturer, TSMC is producing chips exclusively for miners. James Wang, analyst for ARKInvest, formerly from NVIDIA tweeted today that Bitmain is now buying 20,000 16nm wafers a month from TSMC, which is more than NVIDIA. An article on Barron's yesterday, Christopher...
  18. R

    Now That's a Crypto Crash

    Cryptocurrency bitconnect took a nosedive with prices falling 97% today. The fall came after BitConnect said it’s closing its lending and exchange platform after receiving cease and desist letters from Texas and North Carolina. The coin had a nearly $3 billion market cap, and traded as high as...
  19. FrgMstr

    Price Manipulation in the Bitcoin Ecosystem

    Researchers from Tel Aviv University and the University of Tulsa think they have proven beyond a doubt that Bitcoin prices have been fraudulently manipulated back in 2013 in order to push the value of from $150 to more than $1000 in two months. What is truly astounding about this is the...
  20. DooKey

    Kodak Announces KODAKCoin and Stock Doubles

    More and more it seems like cryptocurrency is the buzz word investors are looking for these days and this held true yesterday when Kodak announced their new cryptocurrency, KODAKCoin. Investors liked this news so much (WARNING auto play video) that Kodak stock doubled. By the way, the new coin...
  21. DooKey

    Ethereum Way Up This Week

    Bitcoin has been the big cryptocurrency monster that everyone talks about, but Ethereum has been making a run up that's second to none. As a matter of fact ETH is up over 13,000% in the last year and is up 60% this week alone. This one bears watching and for that matter crypto as a whole may...
  22. FrgMstr

    $100 Billion in Crytocurrency Vanishes

    South Korea is causing some big ugly waves in the world of cryptocurrency that is impacting Bitcoin, Etherrum, and XRP. Coinmarketcap.com yesterday removed price quote data from more than a few cryptos that caused a big negative movement. The story is over at WSJ (possible paywall). In...
  23. DooKey

    Zuckberg Looking Into Encryption and Cryptocurrency This Year

    Since 2009 Mark Zuckerberg has given himself several challenges per year to overcome. In 2018 he intends to focus on issues like hate speech, errors that Facebook makes enforcing policies and other stuff. The issues I find interesting that he is looking into are the use of encryption and...
  24. DooKey

    First Bitcoin Block Mined 9 Years ago Today

    It seems like yesterday, but it's been 9 years ago today since that first bitcoin block was mined. It paid out a whopping 50 BTC compared to today's 12.5 BTC payout per block. That 50 BTC is worth over $700K right now and would be a nice little nest egg if you mined it and held. Happy...
  25. DooKey

    Venezuela to Release Petro Cryptocurrency Within Days

    Earlier this month we reported that Venezulan President Maduro planed to introduce a cryptocurrency named the "petro" backed by oil, gas, and other resources in Venezula. Now it appears this is about to come true because the communications minister just announced it will be released in the next...
  26. DooKey

    South Korea Latest Country to Enact Cryptocurrency Regulations

    South Korea has decided to jump on the cryptocurrency regulation bandwagon and will no longer allow anonymous cryptocurrency accounts. Also, they will have regulators continually monitoring the exchanges from this point on. Further, new legislation may be put into place that would shut down...
  27. DooKey

    Cryptocurrency Market Down Big Over the Last 24 Hours

    If you take a look over at coinmarketcap, you'll see that cryptocurrencies have taken a big hit over the last 24 hours. Is this a sign of a bubble bursting or just a small hiccup? Time will tell what's going to happen. Good luck, speculators!
  28. DooKey

    Feds Shut Down Allegedly Fraudulent Cryptocurrency Offering

    The Securities and Exchange Commission (SEC) has taken action for the first time against an initial coin offering utilizing it's new cyber fraud unit. According to the SEC, PlexCoin is nothing but a fraud and the person trying to get ICO money is a "recidivist securities law violator". If the...
  29. DooKey

    Venezuela Announces New Cryptocurrency

    Venezuelan President Maduro has announced that his country will now offer a new currency that he hopes will let them get around international financial sanctions. He calls his new currency the "petro" and it will be a cryptocurrency that's supposedly backed by oil, gas, gold, and diamond...
  30. DooKey

    2 of the Biggest Cryptocurrency Exchanges are Experiencing Issues

    Coinbase and Gemini, two of the biggest cryptocurrency exchanges, both crashed this morning as the price of Bitcoin skyrocketed past the $11K mark. I'm sure this really ticked off a lot of people because they weren't able to login and sell as it peaked and now Bitcoin is back down to around $9K...
  31. DooKey

    66 Percent of Popular Android Cryptocurrency Apps Don't Use Encryption

    Believe it or not, new analysis by security firm High-Tech Bridge has found that 66 percent of popular cryptocurrency apps don't use HTTPS to encrypt information in transit. To make matters worse 94 percent of these apps had at least three medium-risk vulnerabilities. If you're using one of...
  32. R

    You Can Now Mine Cryptocurrency to Bail People Out of Jail

    In an article from Vice, starting today, a new charity initiative called "Bail Bloc" allows users to download software to mine Monero cryptocurrency to provide bail money for people who can't afford it. The project will start by focusing on New York City jails, but in 2018 "funds will spread to...
  33. BlackButterfly

    How to follow coins/ivesment and profits

    Hi, we have created website, which allows anybody to follow coins, which he owns. User will submit number of owned coins and original buy price. Coinparator follows them, calculates current profits, shows charts... . http://www.coinparator.com/ If you own single coin it might not be...
  34. W

    Introduction

    I am just starting out in the fascinating realm of cryptocurrencies. I am tired of hindsight 20/20 kicking my ass and wishing I did something different. I will never claim to know more than I do, I am here to learn the most I can about this industry and how I can be an elite player in this...
  35. M

    Real Life Wolf of Wall Street Calls Cryptocurrency ICOs Biggest Scam

    Betanews reports that Jordan Belfort, the man the movie the Wolf of Wall Street was based on, informs us of Initial Coin Offerings (ICO) being the "biggest scam ever." ICOs are used to raise the funds for cryptocurrencies and he says it is far worse than anything he has done. Although, there is...
  36. R

    Private Torrent Sites Allow Users to Mine Cryptocurrency for Upload Credit

    Some private torrent sites are giving their users the option to use a cryptocurrency miner in exchange for upload credit. This comes after last month when it was found that popular torrent site The Pirate Bay was using a hidden cryptocurrency miner. The implementation on the private sites has...
  37. FrgMstr

    Alternative Interactive Cryptocurrency Offerings Protocol

    Those crazy kids, Vitalik Buterin and Jason Teusch, over at the University of Chicago's Department of Computer Science, have come up with an alternate model for initial cryptocurrency offerings. This academic paper argues for new structures for ICOs that allow "all" buyers a place in line when...
  38. Gilthanis

    BURST Assets

    Anyone have tips on Assets and how to pick out the good ones? Also, anyone know where to pick a few up for free to get experience? This guy has been giving a few away recently for those interested. -
  39. M

    Hacked Websites Mine Cryptocurrencies

    With the popularity of cryptocurrencies on the rise and value increasing, A current trend is injecting some malicious code into websites by unscrupulous webmasters and blackhats using JavaScript cryptocurrency miners. Sucuri blog takes a look into one of the more popular platforms being used...
  40. R

    Asus Releases Mining Motherboard With 19 PCIe Slots

    Asus has released the new B250 Mining Expert motherboard. The new board features 19 PCIe slots, three 24-pin power connectors, and a mining focused BIOS, on an ATX form factor. It is socket 1151 with only 2 RAM slots, ASUS says it is designed to work with inexpensive Celeron CPU's. Either ASUS...
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