Who Receives Newly Created Bitcoins?

Who Receives Newly Created Bitcoins?

One of the main areas of skepticism that people hold onto when they are new to the Bitcoin ecosystem has to do with who is receiving new bitcoins after they have been created. After all, if this is supposed to be a decentralized currency and payment system, it wouldn’t make too much sense if there was just some guy printing bitcoins off on his home computer. New bitcoins are distributed through the Bitcoin mining process, which is basically a lottery between many different miners who are trying to crack the algorithmic code associated with the next 25 bitcoins to be released.

Continue reading Who Receives Newly Created Bitcoins? at CEX.IO Official Blog.


Bitcoin startups: Find freelancers for bitcoins at bitlance.biz

Bitcoin startups: Find freelancers for bitcoins at bitlance.biz

 

A number of Bitcoin startups are emerging all over the world. Some of them are made in purpose to increase popularity of cryptomoney, while others use Bitcoin as easy and accessible way of payment. We’d like to introduce the most interesting and ambitious startups on our blog, so meet the very first one – Bitlance.

Bitlance.biz is a freelancing marketplace powered by bitcoins. Whether you are a freelancer offering your services, or you are a businessman looking to hire a freelancer, Bitlance is the one-stop source where people from all over the world get things done.

Continue reading Bitcoin startups: Find freelancers for bitcoins at bitlance.biz at CEX.IO Official Blog.


Using the correct bitcoin to USD calculator

Using the correct bitcoin to USD calculator

 

When attempting to convert a certain amount of Bitcoins to dollars or any other currency, it’s important to make sure that you have the correct tools at your disposal. While some people feel like any calculator will be able to get the job done, it is important to remember that there is more than one price for a single Bitcoin at any point in time. Sometimes different exchanges and Bitcoin businesses quote you different prices based on their own trading histories, which is why it makes sense to take a look at the source of the price in your Bitcoin to USD calculator before entering a new calculation.

Continue reading Using the correct bitcoin to USD calculator at CEX.IO Official Blog.


CEX.IO lowers maintenance costs and updates Bitcoin mining hardware line-up

CEX.IO lowers maintenance costs and updates Bitcoin mining hardware line-up

July 8, 2014, London, UK— CEX.IO Bitcoin Crypto Exchange, the first and leading multi-functional platform, is pleased to announce the lowering of maintenance costs for GHS purchased on CEX.IO. As of July 8, 2014, the maintenance costs will be approximately $0.2 per month for 1 cloud-based GHS. CEX.IO has also updated the hardware line by adding 2 Th/s ASIC miners to the Redeem Hardware options. 

As the first and leading cloud mining provider, we constantly explore better terms of electricity supply.

Continue reading CEX.IO lowers maintenance costs and updates Bitcoin mining hardware line-up at CEX.IO Official Blog.


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Overview of the brightest Bitcoin podcasts

Overview of the brightest Bitcoin podcasts

Currently more and more Bitcoin enthusiasts are engaging in various online activities (videos, info-graphics, podcasts) to shine light on what some might think is a complicated subject — what the Bitcoin is, its benefits and threats in terms of technical and societal application, and Bitcoin’s future in the global financial sector. With this in mind, we have surfed the Internet in search of the most insightful podcasts to help you obtain a better understanding of the Bitcoin.

Continue reading Overview of the brightest Bitcoin podcasts at CEX.IO Official Blog.