While I was having a late lunch today I overheard a couple — a girl and a guy — talking about Bitcoin at the table next to me. The man was working as a bartender and had no idea what the blockchain was. I don’t know what the girl did for a living, but when… Read More “You’re Telling It Wrong…”
NiceHash users know that withdrawing bitcoins from their local wallets, especially when small amounts are involved, has always been costly. Thankfully, it is now possible to withdraw your NiceHash balance to another wallet without paying a single satoshi. In late 2017 NiceHash announced a partnership with Coinbase that would allow NiceHash customers to withdraw directly… Read More How to Withdraw from NiceHash with Zero Fees
Those of us who spend some time at the SSH console at the expense of GUI and web browsers have finally been saved: there is now a way to check the exchange rate of the BTC from the command line. The rate.sx website allows you to request an up to date performance chart for Bitcoin… Read More Looking up BTC exchange rate from Linux console
The Bitcoin Lightning Network holds promise as a cheap and fast second layer service built on top of Bitcoin that allows micro payments without incurring network fees other than those needed to open and close a channel. The technology is already available and can be used to pay for stuff online, but is still very… Read More Playing with ⚡ Lightning
At the end of last month, I wrote: February 2018 will go down in my short personal history of GPU mining as the last month during which it was possible to make good yields using a small Nvidia mining rig. I then went to predict that earnings would decrease quickly and drastically, making GPU mining… Read More Final Earnings Update (March 2018)
February 2018 will go down in my short personal history of GPU mining as the last month during which it was possible to make good yields using a small Nvidia mining rig. What happened? I believe there were several trends and events that led to this outcome. Reason #1: Zcash Performance The big surge in… Read More Earnings Update (February 2018)