CryptoCurrency

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3 selected videos

How to buy bitcoins - The many options you have for buying bitcoins

Buying bitcoins can be very difficult to the uninitiated, however there are plenty of places to buy bitcoins and some of them are incredibly easy.

First of all, you can buy bitcoins on ebay, but you should never sell bitcoins on ebay (because of charge backs) - you pay quite a hefty premium doing it this way, but that premium can be quickly made up in a bullish market. You can also buy bitcoins with paypal.

Second option is localbitcoins.com, which you can meet with people in person to buy...

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Related topics : bitcoin buy sell exchange / bitcoin buy sell paypal / buy with bitcoin ebay / easy way to buy bitcoins us / use bitcoin to buy

What is Bitcoin Mining - Bitcoin Mining Explained (in laymans terms)

One of the most confusing concepts within Bitcoin on the whole, is the process of mining. The explanations to "what is bitcoin mining" often given on the news and in the media, is that bitcoin mining is the solving of complex mathematical problems. While this is the way that bitcoin mining works, it is not the purpose of bitcoin mining.

The purpose of bitcoin mining is threefold

1. Bitcoin mining is the processing of transactions

2. Bitcoin mining is a fair way to distribute new bitcoin...

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Related topics : bitcoin mining hardware / bitcoin mining / bitcoin security problems / cost of bitcoin today

VMC Fast-Hash One Prospector Review - 512gh/s bitcoin mining machine with 28nm ASIC.

Review of the Virtual Mining Corp 28nm ASIC Bitcoin Miner called the "Fast Hash One Prospector"

Latest model available here: http://virtualminingcorp.com/shop1/index.php?id_product=41&controller=product

·Typical Bitcoin Mining Performance: 512 GH/s +/- 20%

.70 Watt per GH +/- 20% (power supply not included)

·Size: 4.0" wide by 12" long

·Mining Processor: Multi Core 28nm ASIC

·Cooling System: Corsair h100i or equivalent liquid cooling system is required

-Power Supply: Corsair CX750M...

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