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Great day at the Bitcoin Amsterdam 2013 Conference. Loads of familiar faces here and some new ones too! I really enjoyed the panel with Roger Ver and Alan Zafahi making some very valid comments, stating the importance of “spreading the word” as opposed to the constant “regulation and bank account complaints”. Interestingly there seems to […]

processor-256

You want to mine bitcoin. But, how to start? There are three main categories of bitcoin mining hardware, each more expensive and more powerful than the last. This article explains each of them, and talks about how to make them work. By this stage, you will understand how bitcoin works, and what mining means. But […]

workers-256

 If you heard of Bitcoin you have probably heard of mining. So what exactly is mining you ask? Well, to explain that, we need to explain the blockchain. And then we will provide you with the information about, how bitcoin mining works. All About the Blockchain All the transactions for a cryptocurrency are recorded on […]

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Bitcoin transactions are sent from and to electronic bitcoin wallets, and are digitally signed for security. Everyone on the network knows about a transaction, and the history of a transaction can be traced back to the point where the bitcoins were produced. Holding onto bitcoins is great if you’re a speculator waiting for the price […]

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Is bitcoin legal in South Africa? Bitcoin is of interest to law enforcement, tax authorities, and legal regulators, all of which are trying to understand how it fits into existing frameworks. The legality of your bitcoin activities will depend on who you are and what you are doing with it. Bitcoin has proven to be […]

Buy with Bitcoin

What to buy with bitcoins. More merchants are beginning to accept bitcoin in exchange for goods and services. Although the best place to find them are still marketplaces and aggregator sites that gather large numbers of supporting establishments together at once. Spending your bitcoins What can you buy with bitcoins? We’ve told you how to […]