Bitcoin/BTC/Etc | Finance
0. Introduction. You're a bitcoin miner. ASICs will be here soon and GPU mining will in most cases be no longer cost effective. Many miners want these new devices, but few of them have been able to devise a method of determining which will be best for them. 9.1 ASIC choices
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Bitcoin Currency and GPU Mining Performance Comparison This article looking at Bitcoins and the performance of various GPUs with mining them was really a big team effort at PC Perspective. Props goes out to Tim Verry for doing the research on the process of mining and helping to explain what Bitcoins are all about. Ken Addison did a great job doing through an alottment of graphics cards running our GUIMiner and getting the data you will see presented later. Scott Michaud helped with some graphics and imagery and I'm the monkey that just puts it all together at the end. ** Update 7/13/11 ** We recently wrote another piece on the cost of the power to run our Bitcoin mining operations used in this performance article. Based on the individual prices of electric in all 50 states of the US, we found that the cost of the power to run some cards exceeded the value of the Bitcoin currency based on today's exchange rates.
Earlier this week we looked at Bitcoin mining performance across a large range of GPUs but we had many requests for estimates on the cost of the power to drive them. At the time we were much more interested in the performance of these configurations but now that we have that information and we started to look at the potential profitability of doing something like this, look at the actual real-world cost of running a mining machine 24 hours a day, 7 days a week became much more important. This led us to today's update where we will talk about the average cost of power, and thus the average cost of running our 16 different configurations, in 50 different locations across the United States. Bitcoin Mining Update: Power Usage Costs Across the United States
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We’ve been working hard on our merchant tools, and today we’re launching the Coinbase payment button. Here is a demo Payment buttons make it easy to accept bitcoin on any website by copying and pasting a few lines of code. The Coinbase Blog • How To Accept Bitcoin On Your Website
The following is a list of online and real world businesses that currently accept Bitcoin. If you are looking for only real world commerce, see here New service providers are very much appreciated as they help establish the currency! Please only list services that are presently available (that is, NOT "available soon") and accepting bitcoins. Note: it still remains up to you to decide whether you trust the service provider or not. Products or services illegal in US or Japan are not fit to be listed here - such links will be removed immediately. Trade
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Want to invest your hard earned bitcoins or use the most advanced bitcoin futures platform, but stymied by high fees or an unfriendly interface? CoinBr.com offers you 24-hour easy and affordable access to the Bitcoin stock exchange. Check out the screenshots yourself. CoinBr
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We've overhauled the Bitbills website to be cleaner, easier, and more scalable. We've also added new features, including: Shipment tracking page for all orders Ability to purchase Payee cards with custom addresses Ability to purchase any number of matching bank cards and payee cards, in any color And more! × Since our release on May 9th, the demand for Bitbills has been tremendous. We received preorders for thousands of Bitbills, and we're proud to say that right now every single one of them has been shipped. Home | Bitbills
Bitcoin In Plain English
Bitcoin is an experimental, decentralized digital currency that enables instant payments to anyone, anywhere in the world. Bitcoin uses peer-to-peer technology to operate with no central authority: managing transactions and issuing money are carried out collectively by the network. The original Bitcoin software by Satoshi Nakamoto was released under the MIT license.
The following is a list of online and real world businesses that currently accept Bitcoin. If you are looking for only real world commerce, see here New service providers are very much appreciated as they help establish the currency!
BitPay | Application - Bitcoin Wiki BitPay is an automated payment processing system for the bitcoin currency. It enables online merchants to accept bitcoins, as a form of payment, just as easily they accept payments from credit cards, debit cards, or Paypal.  For the similarly-named mobile wallet application, see BitPay for Android. Merchant Tools For merchants that already have a shopping cart, BitPay's Hosted Checkout can allow shoppers to pay for their order using bitcoins.
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