You can now add money to your account using Bitcoin
After spending all that time collecting hardware and setting up virtual coin mining machines, you're now ready to cash in, but where can you spend your cryptocurrency? We've seen a rise in the number places accepting Bitcoin over the past year, and believe it or not, Microsoft has now jumped on the bandwagon as well. Sort of, anyway. You can now use Bitcoin to add money to a Microsoft account, and in turn buy apps and other digital goods from its online stores.
When Apple recently embraced NFC (Near Field Communication), the move was seen as a major shot in the arm for the short-range wireless communication technology where mobile payments are concerned. That was, of course, a proverbial shot in an equally notional arm, but there are real people out there who are injecting their flesh-and-blood selves with actual NFC implants.
Bitcoin investors suffered through a stressful weekend as they sat helplessly and watched the value of the cryptocurrency drop to $286, the lowest it's been in about 11 months and representative of a nearly 20 percent drop. The highly volatile cryptocurrency has been consistently losing value since hitting a high of over $1,100 in December 2013, and though it's recovered a bit from its weekend dip, some fear the market is crashing.
Leaky login page and not NSA’s Tor-cracking expertise led agency to SR server
The infamous Silk Road Tor-based website was on quite a high (pun intended), having established itself as the internet’s largest illegal drug marketplace, when the Federal Bureau of Investigation (FBI) shut it down in October, 2013. The agency also arrested a San Francisco-based man named Ross Ulbricht for masterminding the whole operation under the nom de guerre Dread Pirate Roberts. That man is now trying to have the court rule inadmissible all of the government’s evidence against him.
Exotic car paint, multiple GPUs, and custom-built chassis’ be damned, boutique PC builder Xidax thinks it has the sexiest sales pitch on the planet with its M6 Mining Rig: It pays for itself! Now, we can’t say this PC is basically “free” because it ain’t that, but Xidax says by using the box’s spare GPU cycles to mine for crypto-currency, this baby would be paid off in about four months. To be honest, it’s not something we’ve ever considered, as we’ve seen gaming rigs, and we’ve seen coining rigs, but never in the same box. It seems like a solid idea though, as the system can game during the day, then mine at night to help cover its cost.
Note: This review was originally featured in the April 2014 issue of the magazine.
If you’ve been hoarding your BitCoins for all this time then perhaps you now have a good reason to spend it all. Dell announced a partnership with Coinbase and is now accepting BitCoin as payment on its website.
Use those virtual coins you earned with hardware to, well, buy more hardware
At the rate things are going, even Russian brides and flux capacitors will rank among the things you can buy with Bitcoin, the cryptocurrency that's had its ups and downs in the media. In the meantime, there are plenty of other things you can buy with the popular virtual currency. You could even build your system with parts bought with Bitcoin currency now that Newegg is accepting it.
Biostar wants gamers and Bitcoin miners to take notice of its new TB85 motherboard. This slice of silicon supports up to Intel's 4th Generation Core i7 processor line in the 1150 package and has six PCI-E slots, though all but one are of the PCI-E x1 variety. Nevertheless, if you want to load up this board with six graphics cards for a dedicated (and value oriented) mining machine, the option is there.
Beginning in the third quarter of this year, Dish Network will accept Bitcoin currency for its pay-TV subscription service, the satellite TV service announced today. In doing so, Dish Network says it will become the largest company in the world to accept the popular virtual currency, though it's far from the only one -- you can buy anything from tacos to even Lamborghinis using Bitcoins.
Custom PC builder embraces the virtual coin movement
Back in January of this year, Xidax became the first system builder to add Bitcoin to its list of payment methods. Apparently happy with the way things have been going, the boutique builder is claiming another first in the virtual coin community by accepting Dogecoin, which is similar to Litecoin in that it can be mined much quicker than Bitcoins. Dogecoin is arguably the hottest virtual currency at the moment.