By I recently realized is that I am in a somewhat unique situation. Since I’ve combined both GPUs and ASICs in the same mining rig, I have capability of mining Bitcoin and Litecoin, and also a full spectrum of other cryptocoins on a single machine. Today I will show you how to mine Bitcoin and Litecoin using a hybrid GPU/Block Erupter ASIC mining rig. The article assumes that you already have a good understanding of mining. If you are just starting out and don’t have experience, I highly recommend you first read our introductory series Mining Virtual Gold in Canada.

Posted on 24 June 2013. Tags: BitCoin Examiner Are you thinking of joining the Bitcoin mining universe? In case you don’t know, you can either mine on your own or as part of a pool. In terms of profit, there aren’t really many differences: solo mining will give you large and irregular …member you need to follow certain steps to successfully mine Bitcoins: get the right hardware, get the best software that matches your needs , arrange a way to receive the profits of mining and start solving algorithms. This is where you stop and Read more ... source : Bitcoin Examiner

TerraHash, a Silicon Valley based startup company, announced today that it will start selling ASIC based Bitcoin mining equipment based on BitSyncom’s Avalon ASIC chip. (PRWEB) May 07, 2013 TerraHash (), a Silicon Valley based startup company, announced today that it will start selling…Avalon ASIC chips, we saw an opportunity there. We thought it would be a great idea to design and manufacture printed circuit boards for those chips, and sell assembled kits. We have already ordered around 20, 000 Avalon chips, which we hope to receive in a couple of months, ” he said.

My advisory to pull money from the banking system has resulted in number of commenters hailing bitcoins as the solution to the banking system dangers. It seems their idea is to move all their funds into bitcoins. This is a dangerous idea on a number of fronts.First and foremost, invest…oin that is on the person came from in the first place. Gold is a much more of a privacy oriented vehicle than Bitcoin. This doesn't mean that you shouldn't have any bitcoins, like I said, diversification is important, but I would hold $100 of gold and silver to every $1.00 in Bitcoin.

The Ransomware family ‘Reveton’ has been a thorn in the sides of many for over two years. It has employed a dynamic approach by tailoring the malware to specific countries and frequently changing infection methods. Nevertheless, one thing that remains constant in Reveton is its ability…he user pays to unlock their system. The Reveton sample that I got my hands on tried some pretty sneaky methods of obfuscation and separation of powers, almost like it was written by different people, and it probably was. In the end though, this is what the malware does upon execution:

I bet most of you have heard of Bitcoins by now,right? It’s a decentralized currency that has the potential of toppling government issued currencies. Some people say it is the most risky Internet endeavor ever undertaken,but is it really? There is a lot of money to be made if you know …about 4 Bitcoins a month for an investment of around $1, 000. It’s simple. Just start the process and start earning money. The supply of Bitcoins will stop being generated when it hits 21 million,and that will be around the year 2140 with the current algorithm. How Bitcoin Mining Works