Good day people! Drops of Wisdom Tech blog is back! Took a few days longer than I anticipated, but the domain move is complete, and the restore worked fine. There may still be some bits that need to be ironed out, but I will clean things up as fast as I can. In the mean …
Bitcoin has been around for awhile, (the info-graphic says 10 years, but actually it was started in 2009, which is 8 years ago) and survived many pitfalls and plenty of experts and self-appointed experts claiming it will disappear, die, or turn out to be a fake money bubble. Well, sadly for them, Bitcoin is going …
Following the last few days/weeks, the events that unfolded, related to Mt. Gox – the oldest and most known Bitcoin Exchange in the world shutting down withdrawals, claiming it’s due to a bitcoin protocol bug and following by the resignation of Mark Karpeles, the CEO of Mt. Gox from the board of Bitcoin Foundation – …
Today, I will discuss the rampant field of bitcoin and bitcoin-related investments. Bitcoin is still considered as a high-risk (and possibly also high reward) investment venue by itself – as in buying bitcoin as an investment. However, there are also other options of which, I will review a few here: 1. BTCJam – a lending/borrowing …
Some Bitcoin related fresh news: Bitcoin Drives AMD and TSMC sales upwards (by Bloomberg.com) TSMC (Taiwan Semiconductor Manufacturing Co.), and AMD ( Advanced Micro Devices Inc.) Are seeing a great rise in their sales thanks to Bitcoin (and other crypto coins such as Litecoin) mining rigs – which uses their chips either in standard PC form with …