Archive for the ‘General Info’ Category

sarutobi-bitcoin-game

The iOS game SaruTobi that has recently been taken down from Apple’s App Store is now available again. Previously the game used in-game Bitcoins and Black Coins that had no real connection to their actual counterparts, but that was apparently a concern for Apple to take the game down temporary. So no the previously available in-game Bitcoins are replaced with Bananas (available in the game and as an in-game purchase option) and the Black Coins are now Bitcoins and the game is now back online on the App Store. The best thing about SaruTobi is that it awards players with tips in actual Bitcoins, you need to collect 12 in-game Bitcoins and you can request a tip that will be sent to you. The amount of each BTC tip can vary, but is currently in between 50 and 100 bits or 5000 and 1000 satoshi. So if you still have not tried the game you might give it a go, it is a fun thing to spend your idle time playing for a while and you may actually get a BTC reward for doing so.

For more information about the free game SaruTobi for Apple iOS mobile devices…

sfards-logo

Last year Gridseed and WiiBox have officially merged to become known as SFARDS. And the new company has recently announced that they have taped out their 28nm SF3301 Dual-Algorithm ASIC chips that should be capable of mining both Bitcoin (SHA256) and Litecoin (scrypt) as the same time similar as an idea to what Gridseed offered in terms of mining hardware last year. By using FD-SOI technology the power efficiency when mining with SHA-256 is expected to reach below the 0.3 J/GH range, and 2.0 J/MH when mining with Scrypt according to SFARDS. The new company expects to have their first ASIC dual miners as early as April and hopefully we are going to get some more details about expected specifications very soon.

The big question that arises is what kind of performance have they managed to get out from their 28nm SF3301 ASIC chips for mining SHA-256 and Scrypt algorithms separately as well as when mining them together and of course what will be the price of the miners. People are hoping that the new miners could bring back the interest in Litecoin and bring up the exchange rate as it has been pretty low for quite a while, especially after the bad news from Zeus and Bitmain that canceled he development of their latest generation of Scrypt ASIC hardware that was initially expected to hit the market by the end of 2014.

For more information about the new SFARDS ASIC mining hardware manufacturer…

bitcoin-wallet-smaller-transaction-fee

By default the sending of Bitcoins from your wallet is set to use a minimum of 10000 satoshi as a transaction fee in order for your transfer to be processed faster, for bigger BTC transfers the fee also increases. The problem however comes when you want to send smaller amounts of coins such as a few hundreds of satoshi where a fee of 10K satoshi is significant. The latest Bitcoin Core wallet 0.10.0 comes with an advanced menu to control transaction fees and you can take advantage of that easy to use feature to send smaller BTC transactions with lower fees and still have them processed fast. You can of course try to send some coins without any fee, however that may result in very long time needed to confirm the transaction, so it is not recommended, especially if you are paying for something and want to receive the service or goods faster, so you might want to avoid doing that.

One of the ways to save about half of the standard fee and still have the transaction processed very quickly is to use 10000 fee per kilobyte of transaction data, so normally you would pay about half of that for small transactions. It may take just a bit more time to process these transaction than with the normal 1K fee, but they are processed very quickly as well. Alternatively you can go for the minimum possible fee of 1000 satoshi for a transaction, but that could be slow as well, though it is still better than not to pay a transaction fee at all.


top