Much has been made lately of the debate revolving around the Bitcoin block size.For the uninitiated, a block is found by the network approximately every ten minutes and contains in it a record of all (or most) of the transactions to have occurred over the network since the last block was found.Now this has been a mostly unchanged part of the Bitcoin protocol since it was first introduced in 2009.However, in the past year the network has seen a steady increase in the number of transactions occurring on the network.This has led to a technical problem where, in some instances, not all transactions that have occurred since the previous block can be included in the most recent block.(more…) While Bitcoin’s price has been in a bit of a slump for most of the last year, there has been no shortage of good news regarding the cryptocurrency.If you’re like a lot of former hobbyist miners and Bitcoin enthusiasts, you may have even begun to tune out.Well it might be time to start paying attention again, as a host of new developments may make Bitcoin and the growing world of cryptocurrencies and mobile banking highly relevant.

(more…) So you’ve heard about this whole Dogecoin phenomenon and want to get your paws on some.bitcoin discordIf so then you’ve come to the right place because that’s exactly what we’re looking to help you do!ukip bitcoinFor those completely new to DOGE, and possibly other cryptocurrencies, Dogecoin is a fun cryptocurrency that can be used to transact online.lite coin private keyAt the moment it’s mostly used to tip people on sites like Reddit though there are some merchants starting to accept it.bitcoin guadalajaraIf you don’t yet have a Dogecoin wallet and need a full primer I suggest you check out our guide to Getting Started With Dogecoin.bitcoin stock surge

While it’s certainly doubtful that this Satoshi Nakamoto has any relation to the elusive creator(s) of Bitcoin, the approach piqued my interest.bitcoin cashout paypal(more…) Over the past year Litecoin has solidified its place alongside Bitcoin as a viable digital currency.Accompanying increasing prices has been a deluge of new miners hoping to help run the Litecoin network and earn some coins.Traditionally Litecoin mining has been more efficient with Radeon GPUs, but recent improvements in mining software for NVIDIA cards has significantly increased their efficiency.No longer is cryptocurrency mining with graphics cards the sole territory of AMD/ATI/Radeon.So for all you NVIDIA card owners, here’s your guide to mining Litecoin with NVIDIA graphics cards on Windows as well as a brief overview of cryptocurrency mining.(more…) Over the past year well over a hundred new cryptocurrencies have formed, each vying for a place alongside Bitcoin.

Yet none have done so with the speed and ferocity that we’ve seen over the last few days from the unexpected newcomer Dogecoin.While part of its meteoric rise may have been due to a comedic push by 4chan, there is now little denying Dogecoin has found a niche with cryptocurrency enthusiasts.In the wake of an otherwise tumultuous week for cryptocurrencies, the lightheartedness of the Dogecoin community is both entertaining and uplifting.As such I’ve put together a guide on getting started with Dogecoin.(more…) For the last couple of months Bitcoin has been on a tear, and as it grabbed more and more headlines I’ve heard more and more of the same.“I should have bought Bitcoin when you first told me about it, now its at $1,000!”seemed to be an all too common statement.A certain euphoria ensues following these dramatic price increases and more and more people ask where can I get some?(more…) Earlier today a Bitcoin newcomer reportedly received over 22 Bitcoin after holding up a sign with a Bitcoin QR code.

In what is one of the most genius demonstrations of the cryptocurrency to date, the Bitcoin enthusiast created and displayed a sign that read “Hi Mom, send ” followed by the Bitcoin symbol.The user, who has thus far only been identified by his reddit username BitcoinPitcher2, had thought that someone might send him a bit as a gag, though the user wasn’t sure the QR code would even be scannable.(more…) This year’s Bitcoin Black Friday offers the most expansive group of merchants and items we’ve seen thus far from the Bitcoin community.With prices surging in excess of $1000 USD for the first time many merchants are looking to use Bitcoin as a catalyst to increase their holiday sales.Groups such as Namecheap and Virgin Galactic have thrown in their support for this year’s Bitcoin Black Friday in addition to a multitude of other Bitcoin retailers new and old.This guide will show you how to get started with Litecoin CPU mining.If anything is unclear in this guide please leave a comment about it.

You’ll want to start with pooled mining as solo mining is not very viable anymore.The difficulty of the network is too high to effectively solo mine with a single computer.It’ll take a very long time to get a single block of 50 LTC.I suggest you skip to step 2 for pooled mining.However, for people with access to many computers I’ll leave the basics of solo mining in this guide and you can continue reading.If you want to do solo-mining you’ll need to have the Litecoin client installed and configured.You can download the Litecoin client here, if you are running windows look for the latest litecoin-x.x.xx-win32-setup.exe as this is the easiest way to install the client.After you installed the Litecoin client it will have to catch up with the network first before you can start mining as you can see in the image below.Once the client is done synchronizing with the network (this can take some time) you’ll have to get a cpu miner.In order for the Litecoin client to support mining you’ll have to create an ini file in the %appdata%\litecoin folder.

To get to this folder click your start button (start->run for Windows XP) and type in %appdata%\litecoin Now right click in the folder (not on a file or directory) and goto New->Text Document Now you should get this pop-up as you’re trying to change the extension of a .txt file to .conf.If you don’t get the above pop-up you’ll have to switch off “Hide extensions for known file types”.In Vista/Windows7 you can find this by pressing ALT once and then going to the Tools->Folder options menu.In Windows XP this menu should be visible without pressing ALT.After this, remove the .txt from the filename so the full name becomes litecoin.conf.Now open litecoin.conf and insert this information: You should change the username and password for safety, even though you’re only allowing the localhost here trojans and mallware ect.could easily access your wallet if you have the standard username/password.The fastest cpu miner out there is currently pooler’s cpu miner, you can download the appropriate version from one of the links below.

Windows 32 bits Version 2.23 Windows 64 bitsVersion 2.22 Linux 32 bits Version 2.2.3 Linux 64 bits Version 2.2.3 Macintosh 32 bits Version 2.1.2 Macintosh 64 bits Version 2.2.2 Extracting the zip file should give you the following files: (to make it easier to launch I extracted the files to c:\ltcminer\) If you are solo mining you can skip this and proceed to step 4.For pooled mining you’ll need a mining_proxy which supports the Stratum protocol.Get the windows binary here or here and place it in the same folder; c:\ltcminer.The source code is available here for other platforms than windows.Your c:\ltcminer\ folder should now look like this: In order to mine with a pool you’ll have to register an account.I will be using coinotron in this guide./coinotron/AccountServlet?action=logon Next, go to “my account” and add a worker, in this case 1 for username and password.Make sure LTC is selected under coin.After you added it you should see the following: Now you’ll have to start the mining proxy because poolers CPU miner doesn’t support the Stratum protocol.

This can be done with the following command: -p 3334 To start mining you have to use the following command, I prefer to run it from cmd so I can see any error might it occur.The number after -t stands for the amount of threads, I advise to set one for each core your cpu has, if it has hyperthreading you can see the virtual cores as normal ones also, there will be a small performance gain.The miner is set to low priority by default so it shouldn’t slowdown your computer.Don’t forget to change the username and password to your own, you wouldn’t be the first one mining on my account For pooled mining: c:\ltcminer\minerd -a scrypt -r 1 -t 4 -s 6 -o http://127.0.0.1:8332 -O cryptocur.1:1 For solo mining: c:\ltcminer\minerd -a scrypt -r 1 -t 4 -s 6 -o http://127.0.0.1:9332 -O username:password For solo mining, if you have more computers, just follow step 2 and replace the ip (127.0.0.1) with the ip of your computer in the command to the computer running the litecoin client.