The amount of people using bitcoin in South Africa is growing in leaps and bounds.More people and businesses are accepting bitcoin as a method of payment as the value of bitcoin continues on an upward trend.People like the idea of their money being worth more in the future than it is today, and […] Bitcoin Auction in the News This Week Bitcoin auction as the result of forced seizure is becoming a familiar story.Our traders and clients are honest people.But bitcoin is the currency of choice for the dark web.But it is the reality.There are certain characteristics of bitcoin that make it attractive to […] Smart Contract?So you’re active in the Bitcoin space?You’re trading digital currencies at iceCUBEDX?Eventually you may come across the term Smart Contract.It is a common term that has grown in popularity this year, with the release of the Ethereum platform.So, what is a Smart Contract exactly?A Smart Contract is… a bit of […] Bitcoin Mining Fees Bitcoin mining fees are incurred every time Bitcoins are sent between wallets.

With an exchange like iceCUBEDX people seem to understand intuitively that, because the business needs to earn money to operate, it must charge a fee.But because bitcoin is decentralised p2p network, with no one in control, why is there […] Bitcoin Market Trading Analysis Week 22 Price Movement In bitcoin market trading analysis week 22, as we reported earlier, this week the Bitcoin price went on a rampage.On Thursday the 27th of May the price broke through its 3,000 Yuan overhead resistance (6-month) on Chinese exchanges.bitcoin to usd candlestickThis was on the back of huge volumes […] Bitcoin Mining Reward Halving is This Year!cex bitcoinThe Bitcoin mining reward halving, relates to the incentives on the Bitcoin network.comprar bitcoins valenciaAny network processing information needs computing power.

Bitcoin is no different.A company like Visa, for example, have their own computers.So, the computing power to process transaction comes from a central point; the company.There […] Hungary Bans Encryption and Freedom v Security If Hungary bans encryption, there will be winners and losers.Encryption has fallen under scrutiny in the ongoing battle to keep citizens safe.Europe, having recently fallen victim to several devastating attacks, feels particularly vulnerable.Political leaders are seeking to find a balance between security and privacy.It […] Thunder Network Gives Bitcoin Visa Scale.Bitcoin has scaling issues.Currently the network can support around 7 transactions per second.The Thunder Network seeks to fix this.This has caused a lot of debate.Many would like to see Bitcoin scale globally.To achieve this, it would need to process many more transactions.There are a […] What is foreign exchange control?Simply put, the government manages the amount of Rand being sold on international markets.

Exchange control can take many forms, but its immediate aim is to restrict the buying and selling of a national currency or to preserve foreign currency reserves.Controls might include a ban on the conversion of the […] How to join bitcoin?One of the most frequently asked questions we get, is  from people wanting to know how to join Bitcoin!Bitcoin has created excitement all over the world since it’s inception in 2008.It has grown from strength to strength with more people who join Bitcoin revolution every day.Bitcoin is not owned by anyone, not controlled by anyone and […]Sorry, I no longer sell pre-built rigs.Leaving the page up for previous customers that need to access their setup instructions.Don’t have the time to follow my guide and build your own rig?Still want to get into litecoin/cryptocurrency mining?You’re in luck—I’m now offering custom-built mining rigs for sale!What you get You receive a completely assembled, fully-configured and tested litecoin mining rig (scroll down for example photo).

All you need to do is plug it in and press the power button.The rig will start mining automatically (I’ll contact you for your mining pool information before shipping and pre-configure cgminer for you).Absolutely no knowledge of hardware or software is required.Everything is assembled into a custom plastic crate that includes a power button and LED.Dummy plugs for the GPUs are also included when required.The video cards will be flashed with a custom BIOS that lowers power consumption below stock levels to ensure that the rig is as efficient as possible (the cards have dual BIOS, so you can return them to the stock settings by flipping a switch, if desired).This is not covered in my guide simply because I’m afraid that people will brick their GPUs and blame me (please don’t ask me—the method requires using a hex editor to modify your BIOS by hand and isn’t as simple as me sending you something).These rigs will get approximately 2000 Kh/sec during mining while drawing about 750 watts at the wall.

The rigs require no external cooling (assuming that the ambient room temperature is within the normal range of human comfort).Size-wise, they’re built in 18″ x 12″ x 12″ crates and weigh approximately 15 pounds.Hardware brands will vary from rig to rig, based on what is available.Every rig will all be within 5% of 2000 Kh/sec and 750 watts at the wall.Important update 11/24/2013: My top 7950 GPU choices are pretty much no longer available anywhere.The video cards that I’m currently using in my custom rigs are still excellent for mining, but they’re 3-5% slower than the GPUs that are no longer available.Therefore, you can expect performance that is within 5% of 1920 Kh/sec (not 2000 Kh/sec).Practically speaking, the difference won’t amount to much in the real world, but I just want to make sure that expectations are set accordingly.It’s likely that within a week or two, there won’t be any suitable Radeon 7950 video cards available at all, and I’ll need to switch over to the inferior new R9 280X cards.

What you DON’T get I do not provide a warranty on the hardware.All of the components should be covered by manufacturer warranties, though.In the event of a hardware failure, you’ll need to deal directly with the manufacturer for a replacement.No monitor, keyboard, or mouse is included.The rigs do not require them and are meant to be managed remotely (instructions will be provided with your purchase).You also don’t get overnight delivery.I don’t (usually) stock hardware, so anticipate a 10 day lead time (check the current estimate next to the “buy” button at the bottom of the page) after payment before I ship the rig to you.This allows me enough time to purchase the necessary components, assemble and configure everything, test the rig for 24 hours, and then package it for delivery.Given the custom nature of these rigs, there are absolutely no returns.Please make sure that you actually want one before ordering!How this works If you’re interested in purchasing a rig, simply press the button below to place an order via Paypal.

I’ll contact you shortly afterwards to confirm the order and get your mining pool information.Expect up to 10 days (check the current lead time estimate below) before I’m ready to ship your completed rig, although I expect that most will be out the door in about a week.I’ll provide a tracking number with all shipments.I’ll also follow up via email shortly after delivery has been confirmed to make sure that your rig is working and answer any questions that you might have.Please make sure that your Paypal email address is accurate when purchasing a rig.I will use this address to contact you very shortly after payment.If I cannot reach you, I will not fulfill your order and will instead refund your purchase price.Several people have tried to scam me, and being able to verify a few things before I build and ship an expensive mining rig gives me some peace of mind.Alternatively, you can contact me directly after submitting payment to open a dialog that way.Buy a mining rig!Simply click the “buy now” button below.