Fed Paper: DLT and Digital Currency Could ‘Change Payments Landscape’

A working group within the US central bank believes digital currencies and distributed ledgers could come to have a significant impact on how its citizens and businesses conduct payments. The findings come from a 60-plus-page report published yesterday by the Faster Payments Task Force. The report itself, the first of a two-part release, is largely an overview of […]

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Miner pool difficulty

The short Version: My rule of thumb for miners has always been: Minimum Diffulcty = Closest power of 2 (rounded down) to your GH/s.  1-2 = 1.  2-4 = 2.  4-8 = 4.  8-16 = 8, etc. This keeps your SPM between 15 and 30 (based on how close you are to the next cutoff).  This […]

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How to mine bitcoins on your own

Bitcoins act like cash, but they are mined like gold. So how does someone get into the current bitcoin rush? If properly done and willing to take the investment risk, you could wind up with a few bitcoins of your own—which currently have an average weekly price of $945 on the largest bitcoin exchange. Here’s […]

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