Archive for the ‘General Info’ Category


This is something interesting that help people that are not to the whole Bitcoin and crypto currency thing to get up to speed with what is going on and what new trends are emerging – the State of Bitcoin 2014 report by CoinDesk. This is not a “what is Bitcoin” or “how to mine” type of guide, but instead is an overview of key crypto currency trends, challenges, and opportunities, while also highlighting the most important developments over the last year. If you are new to the whole world of Bitcoin and other crypto currencies this report in PDF format may give you a good short overview of the market and trends, and give you some pointers to what more you should read and ask more experienced people about. Note that we are also here to help with any questions or trouble that you may have when it comes to crypto currencies as we believe that information and knowledge should be shared and we are already doing it here by sharing our knowledge and experience in the world of crypto currencies.

To download the complete CoinDesk State of Bitcoin 2014 report in PDF format…


The company Amfeltec has a lot of interesting products including some that may easily catch the attention of miners using GPUs. We are talking about the x1 PCIe 3-Way Splitter and the x4 PCIe 4-Way Splitter that allow you to split a single PCI-E x1 or more slot to three cards using x1 or a single x4 PCI-E slot to four x1 PCI-E slots for four video cards. The company also has other products that can provide you with extensions and splitters of PCI-E and other slots. These products are able to give you the ability to install more video cards for mining on a single motherboard that does not have enough PCI-E slots unlike for example the AsRock Pro BTC series of motherboards. And while these products do seem quite interesting they do have a certain drawback and that is their price that is the hundreds dollars range, so not that attractive for miners willing to optimize their cost and performance. Another possible issue might be actually getting some of these splitters in your hands as the company in question is based in Canada and they have only one distributor listed that covers UK and Europe. Still you might want to check these PCI-E splitters and not just raisers if you are interested in them.

For more information about the GPU-oriented PCI Express splitters from Amfeltec…


The mining pool that is a part of the CexIO Bitcoin cloud mining service has been silently adding new Scrypt-based pools, starting with a Litecoin (LTC) mining pool in the last few days. The initial addition of LTC pool was a sign of a possible upcoming LTC cloud mining, however after the addition of a DOGE, FTC and AUR pools to the service we no longer consider this to be the case. That and the fact that the account Balance section at CexIO did not get new currencies available hints to another thing.

It seems that the idea of the service is to attract new miners that are using GPUs for mining by adding Scrypt mining pools, miners that would apparently get paid directly in Bitcoins regardless of the Scrypt crypto they are mining. The pool even announced doubled rewards for LiteCoin mining in order to attract more miners, however when the countdown just reached 0 it started to increase, so we are not sure what and how is this going to work. The whole idea here is probably to attract more customers to purchase and trade GHS for cloud mining Bitcoin, but as long as you get an extra bonus why not take advantage of it while it lasts.

Update: it seems that they have fixed the countdown issues, now it says:
Doubled rewards for LiteCoin mining ends in [6 days, 22 hours, 5 minutes, and 53 seconds]

Also we’ve have received our first reward from found block and it was credited to the LTC account in Litecoin at CexIO, but we are not yet sure what is the situation with the other alternative Scrypt coins that already have pools setup and working. There has been an update for the the DOGE, FTC and AUR currency sign in the pools, but the account Balance page still does not have these new crypto currencies available. Note that the CEX and Ghash websites use the same account, so you only need one registration to be able to use them.

For more information about the mining pool and to try the LTC mining functionality…