Get Latest Articles to Your Inbox Over two months ago, the world's third largest Bitcoin Exchange Bitfinex lost around $72 Million worth of Bitcoins in a major hack.Shortly after the company encountered a $72,000,000 Bitcoin theft, an unnamed Bitfinex user from Cambridge, Massachusetts, filed a police report in September, alleging that $1.3 Million of funds were stolen from his account.Since then the Cambridge police have handed the case over to the FBI, which is working with the Bitcoin exchange as well as European authorities to recover funds stolen from the Bitfinex user, Coindesk reports.The individual claimed that he held $3.4 Million in Bitcoin in his personal wallet hosted by the Bitfinex Bitcoin exchange.But following the August’s Bitfinex breach, he was left with $2.1 Million in his account.Bitfinex then notified the individual of his initial loss of approximately $1.3 Million in Bitcoin, but after the company issued IOU tokens as an emergency measure to keep the exchange operating, the loss incurred was reduced to just $720,000.

The IOUs or BFX tokens are a form of compensation provided to the victims to reduce their losses by a significant factor.Although specific details remain still unclear, the Bitfinex user confirmed lose of funds beyond Bitfinex IOU tokens issued to all the victims of the breach.The usability of the token is still unclear.Neither the explanation of tokens provided by Bitfinex is much clear, nor the legal status of the tokens is known."The BFX tokens will remain outstanding until repaid in full by Bitfinex or exchanged for shares of iFinex Inc," explains the company."The specific conditions associated with the exchange of these tokens will be explained in a later announcement."For the incident report filed by the Bitfinex user, you can head on to this link.No further details about the case are available at this moment.Shortly after the breach of around $72 Million worth of its customers' Bitcoins, Hong Kong-based Bitcoin exchange announced a reward of $3.5 Million to anyone who can provide information that leads to the recovery of the stolen Bitcoins.

The incident was so big that the price of Bitcoin was dropped almost 20%, from $602.78 to $541 per Bitcoin, within a day after the announcement.Best Deals Subscribe Want the most interesting Hacking and Cyber Security News delivered automatically to your inbox?In March of this year, NVIDIA announced the GeForce GTX Titan Z at its GPU Technology Conference.luck in bitcoin miningIt was touted as the world's fastest graphics card with its pair of full GK110 GPUs but it came with an equally stunning price of $2999.bitcoin mining x86NVIDIA claimed it would be available by the end of April for gamers and CUDA developers to purchase but it was pushed back slightly and released at the very end of May, going on sale for the promised price of $2999.bitcoin raw transaction fee

The specifications of GTX Titan Z are damned impressive - 5,760 CUDA cores, 12GB of total graphics memory, 8.1 TFLOPs of peak compute performance.But something happened between the announcement and product release that perhaps NVIDIA hadn't accounted for.AMD's Radeon R9 295X2, a dual-GPU card with full-speed Hawaii chips on-board, was released at $1499.bitcoin atm volumeI think it's fair to say that AMD took some chances that NVIDIA was surprised to see them take, including going the route of a self-contained water cooler and blowing past the PCI Express recommended power limits to offer a ~500 watt graphics card.bitcoin pekingThe R9 295X2 was damned fast and I think it caught NVIDIA a bit off-guard.gh/s bitcoin calculatorAs a result, the GeForce GTX Titan Z release was a bit quieter than most of us expected.

Yes, the Titan Black card was released without sampling the gaming media but that was nearly a mirror of the GeForce GTX 780 Ti, just with a larger frame buffer and the performance of that GPU was well known.For NVIDIA to release a flagship dual-GPU graphics cards, admittedly the most expensive one I have ever seen with the GeForce brand on it, and NOT send out samples, was telling.NVIDIA is adamant though that the primary target of the Titan Z is not just gamers but the CUDA developer that needs the most performance possible in as small of a space as possible.For that specific user, one that doesn't quite have the income to invest in a lot of Tesla hardware but wants to be able to develop and use CUDA applications with a significant amount of horsepower, the Titan Z fits the bill perfectly.Still, the company was touting the Titan Z as "offering supercomputer class performance to enthusiast gamers" and telling gamers in launch videos that the Titan Z is the "fastest graphics card ever built" and that it was "built for gamers."

So, interest peaked, we decided to review the GeForce GTX Titan Z.The GeForce GTX TITAN Z Graphics Card Cost and performance not withstanding, the GeForce GTX Titan Z is an absolutely stunning looking graphics card.The industrial design started with the GeForce GTX 690 (the last dual-GPU card NVIDIA released) and continued with the GTX 780 and Titan family, lives on with the Titan Z.The all metal finish looks good and stands up to abuse, keeping that PCB straight even with the heft of the heatsink.There is only a single fan on the Titan Z, center mounted, with a large heatsink covering both GPUs on opposite sides.The GeForce logo up top illuminates, as we have seen on all similar designs, which adds a nice touch.Continue reading our review of the NVIDIA GeForce GTX Titan Z 12GB Graphics Card!!Titan Z cards will take up three slots in your system which also means that many mini-ITX cases will not be able to accept installation of the Titan Z.The R9 295X2 has a similar problem with its length and of course the added radiator.

The NVIDIA Titan Z will likely fit in cases built for micro-ATX cases though without issue.The rear of the card has a very thick and strong back plate that is used both has a heatsink and for design.It protects the back side components while adding strength to the unit for installation and even shipment.Output options on the Titan Z are identical to other reference NVIDIA designs and include a pair of dual-link DVI connections, a full size HDMI and a full size DisplayPort.There is plenty of room for air exhaust as well which is important to get as much movement OUT of the chassis as possible.I do think it's odd that NVIDIA chose to continue with just a single DP connection as this limits the support for 4K panels to one per Titan Z. If you were planning on picking up a set of three of the new ASUS PB287Q monitors for example, you need one NVIDIA card per monitor!With a TDP of 375 watts, well under that of the R9 295X2, the NVIDIA GeForce GTX Titan Z requires a pair of 8-pin power connections.

Now, the R9 295X2 also only required a pair of 8-pin connections but it was drastically going over the recommended spec for PCIe power draw.Hey look, an SLI connection!That's right, for those of you that are feeling REALLY froggy you can get a pair of Titan Z cards and run in them in parallel, giving you four GK110 GPUs worth of performance!I have heard people calling the Titan Z a 2.5 slot card, and from this image you can see where that line comes from.The cooler itself only takes up about 2.5 slots worth of space but with the bracket, you are going to be using up all three-slots.Also worth noting is that the back plate on the Titan Z is thicker than others we have seen and it actually did cause the card to make contact with the very bottom of the IO panel on the ASUS Rampage IV Extreme X79 motherboard.It did not cause any specific issues, but just wanted to note it.Under that shroud you'll find that single fan and a large array of heatsink fins that are more than capable of keeping the two GK110 GPUs cool during gaming.