Tag: Bitcoin

Bitcoin mining operations are notoriously power-hungry and create a lot of heat in the process. So why not use that heat to keep you warm during the winter months with the Heatbit, a Bitcoin mining space heater?

One of the biggest buzzwords in finance and investing these days is “cryptocurrency.” These tiny packets of computer-signed, highly-secure, and highly-elusive data represent value, and are trading at ever more insane rates of exchange due to their rarity.

Newegg is a place that geeks like us have been shopping for computer components and other cool stuff for years. Newegg has now become the most recent company to begin accepting payments in Bitcoin currency.

Starting next fall, new MIT undergrads will each be receiving $100 worth of bitcoins. This is thanks to the efforts of the MIT Bitcoin club, which wanted to jumpstart a Bitcoin ecosystem.

Aren’t we all just wishing we had gotten our hands on some Bitcoins before they became really big? While that ship has sailed, there are still a lot more opportunities docked at the pier – it’s just a matter of studying them, weighing your options, and getting lucky with your next investment.

A growing number of establishments are accepting Bitcoin as payment. Now you can even use it to play arcade games. British company Liberty Games combined the cutting edge currency with the aging gaming platform to make a simple transaction hilariously complicated.

TigerDirect has been teasing for a while that Bitcoin payments would be turning up. That day has come with the retailer announcing this week that it is now accepting Bitcoin as payment for any of the items it sells.

Cryptocurrency is the name given to the variety of virtual currencies out there today. The most popular is certainly Bitcoin. One of the newest is Dogecoin, which started as a joke and then got real. Another new cryptocurrency has been tipped called Coinye West.

Backing up your hard drive is always good advice and this story should drive the point home. Do not let this happen to you. British IT professional James Howells mined 7,500 Bitcoins back in 2009. Then he completely forgot about them.

If like me, you’ve never heard of Bitcoins before, let me explain. Bitcoin is a digital currency that basically allows payments without needing centralized payment processors. You don’t need any stinkin’ banks and their greedy scandals and since you don’t need banks, the fees are super low.