Bitcoin

Highlights From Inside Bitcoins New York

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This week we’re exploring the latest trends in a relatively new class of customers for the data center industry – virtual currency miners. Here’s a look at the hardware and highlights from the Inside Bitcoins conference in New York. Read More

The Future of Bitcoin: Corporate Mines and Network Peering?

A Canadian Bitcoin exchange says lax security by its data center provider led to the theft of $100,000 in Bitcoin. (Photo by Zach Copley via Flickr).

What’s the end game of the Bitcoin mining arms race? Some Bitcoin watchers believe the network will ultimately shift from mining for new coins to a model based on transaction fees, which could accelerate a shift of Bitcoin hardware into data centers and the creation of peering networks to manage fees. Read More

Currency Miners Cause Spot Shortages of Dedicated Servers

A Canadian Bitcoin exchange says lax security by its data center provider led to the theft of $100,000 in Bitcoin. (Photo by Zach Copley via Flickr).

A number of dedicated hosting providers are running short of servers to lease, and attributing the shortages to heavy buying by customers mining for digital currencies. Surge buying by Primecoin miners has tested the capacity of at least one cloud provider, but others see opportunity. Read More