Home ⁄ Tag Archives: TGB

TGB 3Q Review & 4Q Outlook Now Available

The third quarter of 2013 proved to be one of significant transition for bitcoin. After the remarkable increase in bitcoin’s price and public notoriety earlier this year, the last three months have provided a much-needed regrouping period. New information about issues at existing exchanges became available and dozens more have or will soon come online. Security of the bitcoin network grew dramatically as ASICs increased the network speed exponentially, while a host of new entrepreneurs and investors continue to support the market with ever-increasing infrastructure. The result will be a more structurally sound ecosystem as bitcoin enters its next wave …

Oct 3, 2013 Posted by Greg Schvey In Bitcoin 201, Businesses, Economics, Featured, General, Mining, News, Regulatory, Security, Trading, Wallets Tagged network speed, price, protocol, TGB, trading, trends

Avalon Announces Gen2 Specs And 7.5 TH/s Prize for Open Source Board Design

Today BitSyncom, the bitcoin company known for producing Avalon miners, announced details about their second generation chip, as well as plans for a contest to create an open source PCB (printed circuit board) design for their chips. The new chips will use a 55nm technology and run 4x as fast as their first generation 110nm chips. The winner of their open source contest will receive 5,000 chips, totaling 7.5 TH/s overclocked. Avalon will be selling both fully-assembled units as well as bulk chips, similar to their strategy for first generation products. While exact pricing has not been determined for the …

Oct 2, 2013 Posted by Jeff Schvey In Mining, News Tagged Avalon, GH, Open Source Contest, PCB, protocol, Reference Documentation, TGB Comments 9

Bitcoin Foundation On Capitol Hill, Day Two: Legislators

Representatives from the Bitcoin Foundation spent the beginning of this week on Capital Hill representing the bitcoin community to federal policy makers and law enforcement. After meeting with nearly a dozen federal agencies on Monday, yesterday served as an opportunity to interface with legislators. The team met with congressional staff from the offices of five legislators across both the Senate and House of Representatives. With Congress currently in recess, the Foundation capitalized on a rare opportunity to speak at length with government officials, whose schedules are often lighter between sessions. The timing apparently worked to their advantage, as they were …

Aug 28, 2013 Posted by Jonathan Stacke In News, Regulatory, Uncategorized Tagged Bitcoin Foundation, Patrick Murck, TGB, trends, US Comments 11

Bitfury 400 GH/s Bitcoin Mining Rig Arrives At Tester

Considering a bitcoin mining hardware purchase? Make a more informed decision with TGB’s Bitcoin Mining Dashboard. After almost a full year of development and one month of delays, BitFury’s ASIC bitcoin mining prototype has begun hashing at 400 GH/s. Application specific integrated circuits (ASIC) are customized chips that perform bitcoin mining calculations. While there have been a couple companies releasing ASIC miners (Avalon, ASICMiner, Butterfly Labs), there is significant room for improvement within the technology itself. With hundreds of units expected to land in Europe and the Americas this month, Bitfury products represent the most advanced chips to hit mass …

Aug 2, 2013 Posted by Phillip Archer In Mining, News Tagged ASIC, Miner, TGB, trading, US, USA Comments 10

Updated Website Interface and Hosting Environment

In an effort to provide our readers with the best experience possible we have been diligently working on updating both the interface and hosting environment here at TGB. Most of our loyal readers have probably noticed significant changes to our interface. Some users were experiencing trouble viewing the old site, especially on mobile browsers. The new sleeker theme should be more responsive to a variety of devices, so please let us know how it’s going. Additionally, we moved off a shared server and on to the could. This will allow us to more appropriately handle the heavy loads we’ve been receiving during …

Apr 30, 2013 Posted by Phillip Archer In News Tagged Bitcoin, TGB Comments 1

Convergex’s Nicholas Colas Offers Refreshingly Balanced View of Bitcoin

With the meteoric rise in the price of BTC over the past few months, most press coverage has generally attributed either the status of fad-driven bubble or anarchic revolution to the world’s favorite new currency. As such, it’s a pleasure to see Convergex Chief Market Strategist Nicholas Colas offer a balanced overview of Bitcoin. “It could be a fascinating experiment in a brand new currency; one that knows no borders, knows no boundaries, and in many cases knows no rules,” Colas States, before noting that he discusses it with his clients as a “valuable part of a diversified portfolio.” This is a healthy …

Apr 6, 2013 Posted by Jonathan Stacke In Economics, News Tagged Bitcoin, BTC, Colas States, Nicholas Colas, payment, price, TGB Comments 2