Archive for the ‘Crypto News’ Category

It is April 15th and The Chinese Bitcoin Doomsday is Postponed for Now

15, Apr 2014

btc-e-bitcoin-exchange-rate-current

The dreaded April 15th is here and instead of crashing even further the Bitcoin exchange rate is slowly starting to recover and may soon reach back the level of about $600 USD if things keep up going good. The PBOC did not come out and officially say that they ban Bticoin and other cryptocurrencies (at least for now) and the Chinese exchanges are working on alternative ways to enable their customers to continue trading with Chinese Yuans for crypto currencies. This does not mean that the Chinese will not try further to regulate crypto currency trading, but at least this crysis may be over for a while, or at least we hope so.

Special Price Promotion for Gridseed G-Blade Miner, Now Available at $1610 USD

11, Apr 2014

minereu-g-blade

The release of the new Gridseed G-Blade Miner at $3000 USD for a 5 MHS ASIC miner coinciding with the recent price drop of the Bitcoin and other crypto currencies did not make it very attractive for miners to buy. It seems however that Gridseed has figured a way to make the new mining hardware more attractive even in the current market conditions, by offering a limited number of units are a price of just $1610 USD or a little over half of the normal price. The new price finally makes the G-Blade Miner a good alternative to buying a number of the smaller 5-chip ASIC miners to get the same performance at a similar price, one of the most serious complaint from users when the new Blade Miner was initially announced with a retail price of $3000 USD.

minereu-g-blade-stock

MinerEU, Gridseed official distributor, has announced a five day (11-15 April) special promotion for the new Gridseed G-Blade Miner at $1610 USD. That is a saving of $1390 USD per miner when compared with the $3000 retail price. The stock for this promotion is limited to 2000 miners only, so hurry up and don’t miss your chance. Orders will start shipping globally sometime next week, so this is pretty much the best offer for Scrypt ASIC Miners you can currently get.

– For more information about the Gridseed G-Blade Miner special promotion at MinerEU…

GHash.IO With a New Multpool Mining Feature With Automatic Profit Switching

10, Apr 2014

ghashio-multi-pool-mining

The cloud mining service CexIO has introduced new interesting feature on their mining pool GHash.io, namely multipool mining with automatic switching to mine the most profitable crypto coin. The Multi Pool Pro as the service calls its new feature uses the integration with the other services and features such as Bitcoin cloud mining and trading and all goes under a single account. This new feature will be drawing some users for sure as the policy of 0% mining fee for the pool is something that is attractive for many miners. Since the service is still very new the hasrate at the Multipool is not that high, though it is already past 1.5 GHS and continues to grow.

ghashio-multi-pool-mining-stats

The list of currently supported crypto currencies for the multipool feature include: LTC, MEC, DGB, AUR, WDC, FTC, SXC, DOGE, 42 and CAT. And since the CexIO account balance is being used not all of these coins are supported and you need to use the auto conversion features that allows you to get the mined coins automatically converted to either BTC or LTC. There is also an option to not autoconvert LTC, DOGE, FTC and AUR as you have wallets available for these cryptos inside the service already available.

– For more information about the new Ghash.IO Multipool mining functionality and to try it out…


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