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Getting Up And Running With A Butterfly Labs Jalapeno

Posted by CryptoJunky on August 24, 2013

Butterfly LabsThe last year has been a frustrating one for many BFL customers that pre-ordered one of BFL’s Bitforce SC Bitcoin miners. After having recently received my BFL Jalapeno I’ve decided to go ahead and put together a review of the Jalapeno. What follows is a brief history of Butterfly Labs as well as a quick tutorial on setting up the BFL Jalapeno. (more…)

3D Printing For Bitcoin – Combining Disruptive Technologies

Posted by CryptoJunky on May 27, 2013

CryptoPrintingLogoWhat happens when you combine two of the world’s most disruptive technologies? That’s what the newly formed site 3DP4BTC is exploring as they offer custom 3D printing for Bitcoin. That’s right, you can now order anything a 3D printer can produce with a purely digital currency that you help run from the comfort of your home. Welcome to the future ladies and gentlemen. (more…)

Let’s Talk Bitcoin – Bitcoin Goes Radio

Posted by CryptoJunky on May 17, 2013

letstalkbitcoinIf you only have the time to check out one Bitcoin related news site or channel, I’d make it Let’s Talk Bitcoin. Don’t get me wrong, Bitcoin communities like BitcoinTalk and /r/Bitcoin are awesome. I often find myself lost for hours searching through different posts, finding out what’s going on with Bitcoin. Let’s Talk Bitcoin helps to eliminate the noise and offers quality discussion as to what’s going on with Bitcoin. What’s more is that because it’s available as a podcast, you can now catch up on Bitcoin during your commute, workout, or even at work. (more…)

Namecheap And Bitcoin – A Review Of Using Bitcoin With One Of The Web’s Largest Domain Registrars

Posted by CryptoJunky on May 13, 2013

namecheaplogoThings have been going fairly well here at CryptoJunky.com over the last several months. In light of this recent success I decided to go ahead and pick up a few additional domain names, and what better place than NameCheap. For those that aren’t aware, NameCheap was one of several large internet based companies that decided to accept Bitcoin earlier this year. What follows is a quick overview of my experience using Bitcoin with NameCheap. (more…)

Butterfly Labs Finally Announces They’re Shipping

Posted by CryptoJunky on May 1, 2013

Butterfly Labs

Update: ButterflyLabs is not in full shipping mode. They have only shipped a few Jalapeno units to a select few media members and customers. You can check their forum posts for further information and updates.

Good news fellow Bitcoin enthusiasts, the long wait is reportedly coming to an end. Bitcoin ASIC manufacturer Butterfly Labs has announced that they are finally shipping their line of Bitforce SC ASIC miners. If you have an order with BFL you can login to their site here and check your order status. (more…)

Waiting For Mt Godot – A Litecoin Market Cap to GDP Analysis

Posted by John Vandivier on

About the author: John Vandivier is a graduate student at George Mason with formal credentials in policy, economics and political science. He also dabbles in philosophy and apologetics. His blog discusses all of the above at www.thegenerallifeblog.blogspot.com.

In a recent article by CryptoJunky the beginning of the “litecoin explosion” was discussed. Reasons given for the historic increase in price per LTC were essentially twofold: First, a variety of merchants began accepting litecoin in exchange for real goods and services.

Second was the idea of speculation. Mt Gox indicated future support for Litecoin trading. Recently the cryptocurrency community gained further confirmation of that indication from an official statement by Mt Gox. (more…)

Top Tools For Analyzing Cryptocurrencies

Posted by CryptoJunky on April 30, 2013

BitcoinChartsLogoI’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…)

Why Now May Be A Great Time To Get Into Bitcoin

Posted by CryptoJunky on April 29, 2013

BitcoinThere have been a lot of newcomers to Bitcoin over the past several months. The coverage of Bitcoin has become so expansive that I’m being questioned about the currency by my otherwise tech illiterate friends. Unfortunately, a number of Bitcoin’s newcomers likely got caught up in the most recent valuation spike, however short lived it may have been. The good news is that Bitcoin’s valuation is beginning to level out. Coupled with the prospect of bigger news on the horizon, now may be a good time to take another look at Bitcoin. (more…)

A Review Of Bitcoinin – Bitcoin’s Unique Online Retailer

Posted by CryptoJunky on April 27, 2013

Bitcoinin LogoIt’s no secret that a slew of online retailers and service providers have begun accepting Bitcoin over the last several months. However awesome it might be that sites like MEGA and NameCheap accept Bitcoin the real game changer lies with Bitcoin only retailers. Amongst the early pioneers stand BitcoinStore and Bitcoinin, who have been paving the way for Bitcoin only retail online. Why accept only Bitcoin? It’s simple, by eliminating credit card fees or paypal fees, Bitcoin only retailers can offer the same products at or most often below competitor’s prices. After putting it off for several months, I decided to go ahead and give Bitcoinin a shot. Here’s my experience with Bitcoinin. (more…)