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raspnode

Raspnode is an interesting crowdfunding project on Kickstarter that wants to help people that would like to support the Bitcoin network by running a full node, but don’t want to burden their home computer and deal with the power costs and noise. The raspnode is a plug-n-play bitcoin full node the size of a mouse that runs without any noise and only costs a penny or two a day for power. The raspnode allows anyone to run a bitcoin full node 24/7. The raspnode can be used as a Bitcoin wallet, a developer node for either mainnet or testnet, or simply to support the network. The raspnode project has a $3000 USD goal and backers can just support the idea, or also get a USB flashd rive with the blockchain and/or an SD flash card to use along a RPi they already own. You can even get the whole package ready to be plugged in used for a $120 USD as an early bird or $135 USD as a regular backed when the limited early bird units are over. The official website has a DIY guide for everyone that wants to setup a full Bitcoin node with his own RPi hardware if you already have everything available.

For more details about the Raspnode crowdfunding project on Kickstarter….

amhash-withdraws-now-available

AMHash has added the ability to withdraw the dividends that you get for cloud mining hashrate that you have purchased from the service or have moved hashrate purchased at Hashie. The withdraw functionality is apparently confirmed manually before the request gets approved and currently there is up to 48 “working hours” time for approval or with other words it can take quite some time. The minimum you need to have in your balance to request a withdraw to your wallet address is 0.005 BTC and there is nothing mentioned about a fee. We have verified that currently smaller withdraw requests seem to be sent without a fee – the 0.0439 BTC that we have accumulated for the time that our hashrate has been moved to AMHash. With this the AMHash service now can pretty much sell their cloud mining hashrate directly and users will be able to use the service’s web-based control panel and not have to rely on other companies to provide such functionality such as the failed Hashie. However there is not information on new cloud mining hashrate being available from the service soon for purchase and with the current market situation and low Bitcoin price it may take some time before the investment in new mining hardware becomes viable.

bitstamp-back-online

After a few days being offline the hacked Bitcoin exchange Bitstamp is back online and the service operators claim to have significantly improved the security. The hack of the exchange that has apparently happened on January 4th some of Bitstamp’s operational wallets were compromised, resulting in a loss of less than 19000 BTC. The exchange has promised that there will be no actual coins missing from the user accounts, so they are apparently going to cover the stolen coins. Below you can find the list of the improvements to the system now that it is back online and operational.

MULTI-SIG
With the integration of BitGo multi-sig technology, Bitstamp is now the first and only major bitcoin exchange to incorporate the industry’s best security practices available today.

COMPLETELY NEW HARDWARE INFRASTRUCTURE
The Bitstamp systems are running on 100% new hardware deployed from a completely secure backup of our code and data.

AMAZON WEB SERVICES
Bitstamp is now running on Amazon’s world-class AWS cloud infrastructure, architected to be one of the most secure and reliable cloud computing environments available.

COMMISSION-FREE TRADING
As a note of thanks to our loyal customers, all transactions conducted on Bitstamp through the end of the North American Bitcoin Conference – January 17th (at 11:59pm UTC) – will be commission-free.

The big question that remains now is if Bitstamp will be able to quickly return the positions it had prior to being hacked and being offline for a few days. So far the exchange apparently hasn’t lost the trust of many of the users, but still some of the people that used Bitstamp as a primary exchange could decide to move their coins and continue trading in another alternative exchange due to the downtime and may not resume using the service now that it is back online.


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