I’ve spent a good deal of time over the last year or so pouring over Bitcoin and its derivatives. Try as I might I’m unable to predict the price of the currency at any particular point. I have found a few tools along the way though that aid in analyzing trends in Bitcoin et al. What follows is a brief overview of some of the tools I prefer to use. So whether you’re looking to become the Nate Silver of Bitcoin, or just get a bit of trade history, the following should help you out. (more…)
The digital cryptocurrency Terracoin (abbreviated TRC) is starting to recover some of it’s value relative to Bitcoin after suffering a series of technical problems. Troubles for the coin began the weekend of April 6th-7th as the Terracoin developer applied a patch to fix a previously unknown exploit. Shortly afterward the profitability of mining the coin skyrocketed, attracting a never before seen level of hashpower. (more…)
So you’ve heard of mining before but haven’t yet taken the time to get acquainted with what it is or how to do it. The following is a very basic guide on how to use your computer’s GPU to mine Terracoin. Terracoin is a relatively new crypto currency based off of Bitcoin but has a much lower difficulty rating, making it an ideal coin for beginners. If you don’t yet have a Terracoin wallet I suggest that you either follow our tutorial on getting started with Terracoin or head over to Terrawallet and setup an account. Much of the material covered here is also applicable to Bitcoin as they use the same algorithm. (more…)
After having been down for over two weeks the multi-coin mining pool Coinotron is back online. Coinotron went down following a prolonged DDOS attack (Distributed Denial Of Service). The attack is thought to have been related to the pool’s adoption of Novacoin. Novacoin is a relatively new crypto currency that has been accused of being a scam. Here’s a quick synopsis of Coinotron and Novacoin. (more…)
Over the last several months the digital currency Terracoin has been steadily gaining a following. With the emergence of several Terracoin communities and more developers working on Terracoin projects I’ve decided to do a series of posts on using and mining Terracoin. What follows is an introduction to Terracoin and a guide on using the Terracoin client.