Archive for the ‘General Info’ Category

New Blockchain Lottery Ticket Feature at NiceHash

24, Apr 2015

new-blockchain-lottery-feature

Earlier this month the NiceHash service had announced their Multi-Algorithm Solo Mining and Blockchain Lottery Functionality features and now they have just introduced a new Blockchain Lottery Ticket Feature. Once you login in your account you can access the new BLockchain Lottery feature and you can purchase tickets (hashrate) that will mine for you for a certain period of time. Each ticket can represent respectively 5, 10, 15, 25, 50, 75, 100, 150, 250, 500, 750 or 1000 THS hashrate for between 4 and 24 hours to solo mine for you with a chance from 0.04% all the way up to 51.29% to hit a Bitcoin block and win a full block reward. If you are feeling lucky you may want to test your chances with this new Bitcoin Blockchain Lottery feature…

You Can Now File your MtGox Creditor Claim with Kraken

22, Apr 2015

kraken-mtgox-bankruptcy-claim

As announced in November last year, Kraken was selected by the MtGox trustee after extensive and objective review to assist MtGox creditors in investigating missing Bitcoin, filing claims, and distributing remaining assets. Now Kraken is accepting MtGox creditor claims and offering up to $1 million in free trade volume per creditor as a bonus for claiming funds through Kraken. The claim and payout service through Kraken is available in all areas of operation, including all US states.

Creditors claiming funds with Kraken can expect the following benefits:
– 100,000 KFEE credits redeemable for up to $1 million in free trading volume at the lowest fee tier of 0.1%
– Creditor claim and payout support with live chat and email
– Option to receive funds in the form of Bitcoin
– An easier and more convenient process from claim to payout

Note that you are not required to file your claim through Kraken and can instead elect to make your claim through the alternative system provided by the MtGox trustee, but Kraken has already proved to be a trusted and reliable service, so we are filing our MtGox claim through them. If using Kraken, then your Kraken account must be verified to Tier 2 or higher to make a claim, so make sure you have already verified your account up to that level at least. If you have a claim to file, you can get started by logging in to your Kraken account, and following the instructions under the “MtGox Claim” tab. Do note that filing your claim through Kraken does not guarantee that you will be getting back all your funds and Bitcoins that were available in your MtGox account!

mtgox-online-bankruptcy-claim-service

Once you initiate the claim procedure you will need to first visit the dedicated MTGOX online bankruptcy claim filing system where you need to provide your username and password for MtGox. You will be getting a temporary authentication code to your MtGox registered email address to verify your identity and set a new password to continue. Then you can switch back to Kraken or continue using the claims system on the MtGox website. When you are back on the Kraken website you will need to fill in some personal details and answer some additional questions before you can complete your claim filing procedure. After that all that is left for you is to wait…

Android Based Games That Reward Players with Bitcoins

7, Apr 2015

bitplay-today-bitcoin-android-games

We’ve already covered the game Bitcoin Billionaire, essentially an idle clicker type game with a Bitcoin theme, but no actual BTC rewards that is available for both iOS and Android devices. Then there is also the game Sarutobi that we’ve also reviewed, available only for iOS, a mobile game rewards players with small Bitcoin tips. We wanted to find similar games that reward players with small amounts of BTC for Android as well and we’ve managed to find some, though not much. One such game is Bitcoin Crush, a Bejeweled type of game where you need to match diamonds and earn points for doing so and the other wan is called Bitcoin Flapper, a flapping bird type of game. Both games are from the same developer BitPlay Today and are free applications that reward players with Bitcoins for playing against other live people in tournaments.

The normal way of playing these games is by entering a tournament of four people and playing against other collecting points for each game, the higher the points, the higher you rank and there are rewards for the first three players in each tournament. The first one gets 300 satoshi, the second one 150 satoshi and the third one 50 satoshi as a reward with nothing for the last person in the tournament. You can also play in head-to-head competitions against another player (1 on 1) where the winner takes the reward or with other word 500 satoshi for the one that wins. The games are quick so you even if the rewards do not seem that much you can actually play quite a lot of games in no time, but you will not get rich quick with the rewards you get from the games. The idea here is that you can compete based on skill level against other live people from around the world and try to improve your skills and get small rewards in BTC. Better than just playing other games, especially if you love to spend your free time crushing gems just for fun, because the flappy bird game is simpler and actually harder and not that much people like to play it for long as they may actually suck at it.

In order to get the BTC you have earned by playing these games you need to collect at least 16000 satoshi in order to be able to request a withdraw and unfortunately when you do so there is a 5000 satoshi fee taken from what you withdraw. This is apparently linked to the fact that the coins are being sent directly to your Bitcoin wallet address and you have to pay for the transaction fee from what you have earned. You can also forget about playing all day long as there is also a number of maximum games you can play on a daily basis, as well as the number of head-to-head tournaments you can participate in. But then again it will not hurt checking these out and testing your skills against other real players. It also seems that the developer of the games plans to release Pro tournament versions of the game maybe later this month that would require an entry fee from the players, but will offer you the chance to win higher rewards as well.

– For more details about the games on the Google Play Store…


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