As stated in an earlier post, after I was mining for a few days, the 50btc mining pool was hacked. A month later, I’m still waiting for my coins. So I tried some other pools. As advised in many places, I avoided the biggest pools, thus mitigating the risk of a 51% attack. I mined… Continue reading BitCoin mining pools
Category: BitCoin
trading agents
I always considered finance and accounting as the most boring things you can do with a computer. And while you can earn big bucks, working for a Swiss bank, I have always preferred topics with a more physical background. But BitCoin got me interested in how some aspects of the established financial systems work. Looking… Continue reading trading agents
Mining BitCoins
Today I read an article called “Why you should care about BitCoin” with a quote that I want to repeat here:  “Hackers are the animals that can detect a storm coming or an earthquake. They just know, even though they don’t know why, and there are two big things hackers are excited about now and… Continue reading Mining BitCoins
BitCoin hits CHF 100 mark
Yesterday one BitCoin was, for the first time, worth more than CHF 100! When I first learned about BitCoin in early 2011, CPU mining was still enabled in the default client. I mined for a few days, but it was probably already too late for the CPU. GPU’s took over before that. Last year, you… Continue reading BitCoin hits CHF 100 mark
Accepting BitCoin
As of today, we accept BitCoin as payment method for our tandem flights at paraeasy.ch BitCoin is a decentralized online currency. It was in the news lately. While banks and politicians made it sound bad, it’s actually a great experiment. True, it has some shortcomings, but these shouldn’t bother us for the next couple of… Continue reading Accepting BitCoin