Bitcoin Nordic’s Lasse Birk Olesen has announced that the company is now offering a way for Bitcoin users to purchase CashU coupons, an online payment mechanism accepted at hundreds of online locations including iTunes, Amazon, Skype and Xbox Live. CashU coupons are offered in denomina… conversion on the part of your bank. Other purchase mechanisms, like Fawry and Ukash, have even higher fees, in some cases up to 9%. Thus, compared to these alternatives, Bitcoin Nordic’s fee is only slightly higher, and Olesen intends to lower it over there is enough volume to do so.

BitCoin.Conf Example BitCoin.conf is the configuration file for both bitcoin (GUI) and bitcoind (daemon). In my bitcoin clients I usually only have one PC which runs bitcoin as a server. All others connect to it to mine. Here is an example bitcoin.conf file. Just cut, paste, edit, and …C commands. #server=1 # You must set rpcuser and rpcpassword to secure the JSON-RPC api #rpcuser=user #rpcpassword=password # How many seconds bitcoin will wait for a complete RPC HTTP request. # after the HTTP connection is established. rpctimeout=30 # By default, only RPC connections

Mining bitcoins – a process that helps manage bitcoin transactions as well as create new “wealth” – is the new Beanie Babies. Luckily for us,however,bitcoins seem to be going up in value and should maintain their value over time,unlike your mint condition Tiny the stuffed Chihuahua. Bu…hen complete you get a percentage of the block based on the number of workers alongside you,less fees. Using this method,I have been able to raise about $1.50 over the weekend by running a dormant PC. The astute among you will note that I probably used twice that amount of electricity.

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Submitted by Apple on Mon, 10/28/2013 - 16:38 Dave Wright had $16, 500 of the crypto-currency Bitcoin transferred from his account without his knowledge. On April 23rd 2013, Wright’s Mt. Gox account was hacked by an IP address based in Holland and the money was transferred out. “Every …re transaction to be finished within a few weeks. During that period, a hacker broke into his account and interrupted the process of cashing out. The thief converted all the proceeds back into Bitcoins then transferred them all out to himself, thus circumventing the $1000 a day policy.