Posts Tagged ‘Bitcoin (BTC)’

Dualminer USB ASICs for Litecoin and Bitcoin Now on eBay

1, Feb 2014

usb-dualminer-asic-on-ebay

The first Dualminer USB ASIC devices that can simultaneously mine Litecoins (LTC) and Bitcoins (BTC) and alternative crypto currencies based on scrypt and SHA-256 that we’ve already mentioned here have started appearing on eBay. These devices based on a single Gridchip GC3355 processor chip from Gridseed are rated as capable of: 500MH/s SHA-256 and 40KH/s Scrypt when operating for mining both, or 1.6GH/s when mining only BTC or 70KH/s when mining only LTC. Again, price wise these are not very interesting products, unless you want to be able to try the Gridseed chips and see how well they can perform. What would be more interesting are multiple-chip devices that offer significantly higher performance, but the good thing is that things are finally happening for Gridseed and we are actually seeing devices based on their innovative dual mining SHA-256 and Scrypt at the same time Gridchip GC3355 chips.

Buy Electronic Gift Cards with Bitcoin from Gyft

31, Jan 2014

gyft-electronic-gift-cards-bitcoin

Gyft is an interesting online service for purchasing gift cards for leading online retailers such as Amazon, Gamestop, Facebook, JCPenny, Nike, Old Navy, Sears, Staples, Target, Victoria’s Secret and many others that accepts Bitcoins as well as other typical payments methods. This allows you to actually shop with Bitcoins in stores that normally do not accept crypto currency payments directly, by first obtaining a gift card for a given amount that you pay for with Bitcoins. Of course you can also send the gift card to someone else in the form of a gift that the receiver can use in the specific store and you can pay with crypto without first having to go through an exchange to turn the Bitcoins in USD for example.

– To check out the Gyft options for different electronic gift cards…

List of the Larger Cryptocurrency Exchanges

23, Jan 2014

crypto-exchange-rate-chart-ltc-usd

Here is a short list of the bigger and more popular crypto currency exchanges out there that trade with not only Bitcoin, but Litecoin as well as many other alternative cryptos. Some of these exchanges are trading only between different crypto coins for example BTC for LTC, or DOGE for BTC and you cannot buy with money in them – Cryptsy, but others also trade with real money and you can both deposit and withdraw in cash as well as in cryptocurrency – Mtgox. There are even exchanges that only serve to connect the traders – Local Bitcoins.

Worldwide:
– Coinbase
– Cryptsy
– Bittrex
– Kraken

Europe:
– BitcoinDE
– BitStamp
– Bitcurex

Russia/China/Asia:
– Binance
– Bter
– OkCoin
– BTC China
– Anxbtc

Norway:
– Just Coin

Canada:
– Cavitrex

USA:
– Campbx

Israel:
– Bit2c

Others:
– Local Bitcoins
– Coinomat

Now, although most of these crypto exchanges are listed under different countries and just a few as worldwide, in almost all you can trade regardless of your location though for some there could be a language barrier if they were designed to serve only a local market and do not have an English version for example. The only more serious problem with some is the ability for you to withdraw cash from the exchange if it also operates with real money and not only trades with crypto coins. So do take some time and check them out and find which ones can be useful for your specific needs… there are of course more exchanges out there, so this is not a complete list, but more of a good starting point.


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