Choose The New Coin You Like to Mine at Genesis Mining and Win 500 GHS

20 May
2015

genesis-mining-new-coin-poll

The cloud mining company Genesis Mining is going to be adding a new alternative crypto coin to the list of coins you can mine with the cloud hashrate you can purchase from them. After a survey among the company’s customers to see what are the most wanted coins to be added, the list was shortened to just 4 crypto coins – Ziftrcoin (ZRC), Peercoin (PPC), Primecoin (XPM) and Zetacoin (ZET). Out of these four two are using SHA-256 – Zetacoin and Peercoin, so you should be able to mine them directly and the two others – Ziftrcoin and Primecoin are using different algorithms, so you will be able to get paid in them if any of them gets chosen as the new addition.

So we come to the point where you can vote in a poll to choose the coin you want from the four top choices and get the chance to win some cloud mining hashrate. Three people from all who vote will be getting 500 GHS lifetime cloud mining hashrate each at the service (the winner will be picked randomly). All you have to do is cast your vote in the special poll at the official Facebook page of Genesis Mining and you have until Friday May 22, 2015 at 11 pm CET to do so.

– To visit the Genesis Mining Coin Poll on Facebook and cast your vote for the new coin to be added…

The New York Stock Exchange Launching a Bitcoin Price Index (NYXBT)

19 May
2015

nyse-website
An interesting announcement coming straight from the New York Stock Exchange (NYSE) about the lauch of the first exchange-calculated and disseminated bitcoin index – NYSE Bitcoin Index (NYXBT). The new NYXBT Index will represent the U.S. dollar value of one bitcoin unit based upon actual transactions occurring on select bitcoin exchanges which have been evaluated and meet NYSE’s quality standards. The NYSE Bitcoin Index will initially feature data from transactions from the Coinbase Exchange, an exchange that NYSE made a minority investment in earlier this year. As you can see in this Ally Invest review, the broker is a great choice for long-term investors.

“Bitcoin values are quickly becoming a data point that our customers want to follow as they consider transacting, trading or investing with this emerging asset class,” said NYSE Group President Thomas Farley. “As a global index leader and administrator of ICE LIBOR, ICE Futures U.S. Dollar Index and many other notable benchmarks, we are pleased to bring transparency to this market. By combining our technology infrastructure with our expertise in index calculation and data management, we will continue to launch complementary products based on our rigorous standards and proprietary index methodology.”

NYXBT utilizes a unique methodology that relies on rules-based logic to analyze a dataset of matched transactions and verify the integrity of the data to ultimately produce an objective and fair daily value for one bitcoin in U.S. Dollars as of 16:00 London time. The index will be published within a short period of that time via the widely-distributed NYSE Global Index Feed (GIF) as well as made publicly available for an initial period on the NYSE index page.

– To read more details about the NYSE Bitcoin Index (NYXBT) methodology (PDF)…

Cryptosteel – The Ultimate Cold Wallet

18 May
2015

cryptosteel

Cryptosteel is an interesting project for an almost indestructible stainless steel offline wallet to store your private keys and passwords offline. Cryptosteel comes with 3 stainless steel sheets full of engraved letters – all caps and digits, so that you can design your cold wallet storage of up to 64 characters in minutes without the need of special tools. You create the secret content yourself, so you can use it not only as an offline crypto currency wallet, but for storing other important passwords or data as well.

How does Cryptosteel work?
– Simply punch out desired numbers and letters from sheets provided
– Slide them into the stainless steel container
– Secure snap on the side and slide wallet close
– No electricity or tools required
– No sharing of confidential info with 3rd parties

cryptosteel-key-features

The cryptosteel is not yet available, but the people behind the project are almost ready to launch a crowdfunding campaign to get it in the hands of the most eager users who want to get it first. The Cryptosteel Cold Wallet crowdfunding campaign will start on Indiegogo on 20th of May, so in just a few days you will be able to reserve your spot to be among the first to get the device.

– For more information about the Cryptosteel cold wallet crowdfunding…

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