Friday, January 31, 2014

The Latest Theory Is That The Creator Of Bitcoin Is A Blogger

It may surprise you to learn that despite the massive attention bitcoin has received this year, no one knows the true identity of its creator. In 2008, a person or group of people named Satoshi Nakamoto published the digital currency's original spec paper. After lingering around cryptocurrency forums for a year or two, "Satoshi" dropped off the map. There have since been numerous attempts — comprehensively tracked by Hilary Sargent, aka Chart Girl — to determine Satoshi's identity, but nothing conclusive has yet emerged. The latest stab comes from an equally unknown blogger, who on a Wordpress site called "Like In A Mirror" apparently created just for the post explains how he used analyzed speech patterns used in the Satoshi paper to determine that a blogger and former economics George Washington University economics professor named Nick Szabo "is probably Satoshi."

CoinTerra™, the high performance and value leader in ASIC Bitcoin mining hardware announced 28th of Jan

With the first production TerraMiner IV in a retail customer’s hands, CoinTerra has set a new standard for both price and performance for Bitcoin mining hardware. The unprecedented hash power of the TerraMiner IV redefines the standard by which all Bitcoin miners will be judged moving forward. With blazing performance approaching two terahashes per second, the TerraMiner IV is the first self-contained Bitcoin mining solution to smash the one terahash per second barrier and with its $5999 price point it also delivers a dollar per gigahash proposition unmatched in the marketplace today. Designed and assembled in Austin, Texas, the very first production unit was presented to customer Jake Gostylo by Founder and CEO Ravi Iyengar and the CoinTerra team, who joined him in celebrating the occasion at CoinTerra’s headquarters. “Handing over the first TerraMiner marks a major milestone for CoinTerra. It goes to show that through hard work and determination with the right team in place, great things can be accomplished in an incredibly short timeframe” said Ravi Iyengar,