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Cryptocurrency Mining Uses More Power Than A Country of 17 Million

Cryptocurrency mining consumes more electricity than a country with a population of 17 million as reported by TechPowerUp. For those not in the know, cryptocurrency mining is a process that generates…

July 8, 2017 | 04:00 EDT

Coinbase Launched

Coinbase Launched as First Licensed Bitcoin Exchange

Coinbase, a cryptocurrency startup based in San Francisco, has launched a licensed bitcoin exchange in the United States. Coinbase has claimed that this new exchange is the first compliant to U.S…

January 26, 2015 | 06:03 EST


Bitcoin Plummets in Value in the Wake of Recent Disasters

It seems Bitcoin has been off to a rocky start this year. Earlier in the month, TechRaptor reported on a major Bitcoin Exchange getting hacked. Now panicked Bitcoin holders are selling, causing the…

January 16, 2015 | 04:29 EST


Bitstamp Increases Security and Resumes Operations

Earlier in the week, TechRaptor covered the story of Bitstamp being hacked and losing over $5 million worth of Bitcoins. Bitstamp is the second largest Bitcoin exchange in the world, and this hack…

January 9, 2015 | 10:29 EST


Bitstamp breached - Loses over 5 Million worth of Bitcoin

In another case of bitcoin's struggles to establish itself as a currency, another hack has occurred on Bitstamp, one of the largest bitcoin exchanges in the world. Compared to some previous hacks,…

January 6, 2015 | 11:01 EST

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Microsoft Now Accepts Bitcoin

Microsoft has joined the group of company's that accept the online currency Bitcoin - adding their substantial weight to the young currency's legitimacy. Microsoft is far from the first, following in…

December 11, 2014 | 06:17 EST


What We Learned from the Gabe Newell / Valve AMA

Today, March 4th, Gabe Newell and others from Valve held an AMA (Ask Me Anything, an interview of sorts) on Reddit.  You can find the whole thread here. The focus of this will not be what did we…

March 4, 2014 | 09:23 EST

Bitcoin: An Overview

Just a few years ago, Bitcoins didn’t exist. Today, they hold a combined worth of over $7 billion. So, what are Bitcoins, how are they worth so much and how did they get so popular in recent months…

January 3, 2014 | 09:00 EST