Category: Education

The importance of bitcoin nodes and how to start one

The main idea behind bitcoin and the reason that it took off is because of bitcoin’s decentralized nature and its peer-to-peer (P2P) network. In order to keep bitcoin running and validate transactions there need to be bitcoin nodes available on the network. Bitcoin nodes are different from bitcoin miners or bitcoin clients. Bitcoin nodes provide security, one of which is security from double spending – when a user attempts to …
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How to install coinpunk on Centos 6.5

Coinpunk is a bitcoin wallet platform. It is open source and is available for free, you can see the repository HERE In the docs section there are available tutorials on how to install coinpunk on OSX and Ubuntu. However there isn’t one on how to install coinpunk on Centos. While Ubuntu and Centos are both linux distros the installation procedure must be modified. In this tutorial I will try to walk …
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BadLepricon bitcoin mining malware exposed

This time the hackers decided to use our cellphones as mining rigs. It all started with a wallpaper app whose developers decided to make some extra money by using our cellphones as mining rigs. The malware, dubbed BadLepricon was found by researchers from a security firm called Lookout. Quoted from their blog post: Lookout found a piece of mobile malware in Google Play that quietly uses your phone’s processing power to …
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Most profitable way to mine with your GPUs

Depending on what you want to achieve with your mining rigs you have many options to choose from. In this article I will explain the different ways to mine bitcoins with your GPU mining rigs. If you are wondering whether you should mine using GPUs or ASICs please refer to THIS ARTICLE for an explanation. In this post I will assume that you have built a working GPU mining rig …
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