Bitcoin Rumors
BTC news and rumors for you



First Bitcoin ATM could go to Cyprus as price continues to rise

The emergence of Bitcoin as a mainstream currency continues apace, with the first “Bitcoin ATM” supposedly destined for — of all places — Cyprus. In the wake of the Cypriot financial crisis that emerged ...
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Meet the Bitcoin Millionaires

Meet the Bitcoin Millionaires

Many people have lost some data while reformatting a computer hard drive. Jered Kenna lost more than that. In 2010 he erased from his computer 800 Bitcoins that have been worth more than $200,000. Kenna isn’t upset: He has p...
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Cashing in on the Bitcoin boom

The value of the virtual currency Bitcoin has hit an all-time high. The financial crisis in Cyprus has driven many people to seek out alternative homes for their money. “I think in many respects it’s a great system,...
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what is bitcoin and how bitcoin works

Soaring value of bitcoins raises fears of potential financial ‘cyberbubble’

A currency surging in value at a breathtaking rate over the past week belongs to no nation and is issued by no central bank. It can be used to buy gold in California, a hamburger in Berlin or a house in Alberta. When desired, i...
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Mining bitcoins takes power, but it isn’t an ‘environmental disaster’

Gimein notes that mining Bitcoins — performing computationally expensive calculations needed to define new Bitcoins — uses power. A lot of power. (Read our  2011 Bitcoin primer for more details.) He writes: About...
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Campaign Finance Laws – Using Bitcoin

Russian malware mines bitcoins through botnet

A Russian porn site is delivering malware that uses the victims’ computers to mine bitcoins, according to research from ThreatTrack Security. The malware, named “Fareit,” has been circulating on the Internet f...
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Satoshidice and bitcoinchain

Play SatoshiDICE with free bitcoin

SatoshiDICE is a blockchain-based online wagering service that has been so popular that it has affected the service levels for other users of the Bitcoin network.  SatoshiDICE now accounts for half or more of all Bitcoin tr...
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