Apr 16
The failed bitcoin exchange Mt. Gox
Apr 06
So, you happen to have your fair share of Bitcoins and are wondering just how you are going to spend it all. I suppose you could always wait and keep your fingers crossed that the rate would continue to rise for Bitcoin in tandem to your existing currency, but how about withdrawing it in cold, hard cash? That would mean hunting down a Bitcoin ATM which frankly, seems to be more rare to the layman than locating a rare Pokemon. PayMaq has just announced a new range of low-cost Bitcoin ATMs that will roll out in major European markets.
PayMaq Low Cost Bitcoin ATM Launches In Major European Markets original content from Ubergizmo. 
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Apr 06
A new category for digital items has been added to eBay making waves because of the trading potential it brings to the marketplace. The category in question is “Virtual Currency”, … Continue reading
Apr 04
If you’re a bitcoin nerd, you’ll know that finding cheap, low-power mining hardware is pretty hard to do. USB “thumb drive” miners are traditionally woefully underpowered – the little mining rig under my desk right now is running three three BlockErupters and I’m essentially paying for the pleasure of mining bitcoin – but this 11GH/s unit seems to have… Read More
Apr 02
Bitcoin ATM Removed After Debut
Posted in: Today's Chili
A Bitcoin ATM sounds like a good idea, but one does wonder how come the idea has not caught on already. Singapore has a Bitcoin ATM at The Spiffy Dapper, and for folks living in New Mexico, U.S.A., it seems that a Bitcoin ATM that was installed there had already been yanked not too long after.
Bitcoin ATM Removed After Debut original content from Ubergizmo. 
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Apr 01
Over the weekend, Ross Ulbricht’s lawyer, Joshua Dratel, filed a motion asking the court to dismiss all charges against the Silk Road kingpin. It’s largely what you’d expect from a bullish defense attorney. But here’s the twist: Dratel throws bitcoin under the bus.
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Apr 01
Malware that aims at infecting computers and turning them into bitcoin miners isn’t something new. However, a new piece of malware has surfaced that aims to turn hardware you might … Continue reading
Mar 28
Gone are the days of using an older and unwanted video card to mine crypto-currencies such as BitCoin successfully, considering how the first wave of craze has already wound down, and one is no longer able to make a living out of mining alone. Mega servers seem to have stepped into such a role instead, which happens to be the anti-thesis of what crypto-currency stands for. The Hex-Fury intends to bring BitCoin back to its roots.
Hex-Fury Claims To Be “Fastest BitCoin Miner” original content from Ubergizmo. 
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Mar 25
Over in the US, the 15th of April is the deadline in which people will have to file their taxes. This is pretty much a non-issue for most people, but at the same time for those who have been trading Bitcoin, what does this mean for them? Should they file Bitcoin as currency, capital gains, or can it be taxed at all (we guess this is obvious since it can be considered a source of income, much like trading shares and gaining interest)?
These questions have been around for a while as governments have been working and trying to decide what to do about the crypto currency since it’s a relatively new thing and firm regulations have yet to be put into place. Well wonder no more because the Internal Revenue Service (IRS) has since announced that Bitcoin is considered property and will be taxed in the same manner. (more…)
IRS Declares That Bitcoin Should Be Taxed Like A Property original content from Ubergizmo. 
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Mar 25
Among the issues surrounding Bitcoin, the question of how it should be handled when it comes to taxes has been oft-asked with no answer in sight. That ends today, with … Continue reading
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