FPGA Bitcoin Mining

FPGA Bitcoin Mining: General Background

FPGA mining is a superior option when compared to GPU or CPU mining, but it does not hold a candle to the power of the ASIC miner. While these were considered the best and fastest mining devices at one point in time, the reality is that the days of powerful Bitcoin FPGA miners are far behind us all. The main thing that gave these devices an advantage over GPU mining is that they tended to be a bit more energy efficient, which meant lower costs of electricity for the Bitcoin miners.

Continue reading FPGA Bitcoin Mining at CEX.IO Official Blog.

What is Bitcoin currency

What is Bitcoin currency

Bitcoin is a form of digital currency, a payment system and a trading asset. Yes, it has it all. Created in 2009 by a mysterious mastermind of Satoshi Nakamoto bitcoin currency, Bitcoin gradually gained its popularity all over the world.

Each transaction is verified by network nodes and recorded in the block chain, a public ledger. The system works without a central repository or the single administrator, which has led the US Treasury to categorize it as a decentralized virtual currency.

Continue reading What is Bitcoin currency at CEX.IO Official Blog.

Excel in bitcoin trading with CEX.IO

Excel in bitcoin trading with CEX.IO

CEX.IO is the first and currently leading commodity exchange platform, which aims to make people more aware of the advantages of Bitcoins trading and mining as well as to upskill Bitcoin traders and expand their knowledge of various mining possibilities, e.g. Cloud Mining and Redeeming Hardware.

While Bitcoin mining is a process, which allows GHS (hashing speed of BitFury Chips) owners to receive financial rewards, the most important feature of CEX.IO is Bitcoin trading as well as trading commodities for Bitcoins.

Continue reading Excel in bitcoin trading with CEX.IO at CEX.IO Official Blog.

CEX.IO Reaches Milestone of Over 75 000 Active Users – Announces Litecoin Trading

Bitcoin Cloud Mining Platform CEX.IO Reaches Milestone of Over 75 000 Active Users – Announces Litecoin Trading

CEX.IO – the world’s premier Bitcoin cloud mining and trading platform – has ushered in 2014 with many new features and goals. The platform has reached the significant milestone of over 75 000 active users, and CEX.IO’s clients can now trade Bitcoin for Litecoin. USD to BTC trading is currently being developed and is scheduled to be released February – March 2014; CEX.IO iOS and Android apps will also go live in February-March 2014.

Continue reading CEX.IO Reaches Milestone of Over 75 000 Active Users – Announces Litecoin Trading at CEX.IO Official Blog.

CEX.IO strongly recommends Two-Factor Authentication

On February 11th, 2014, CEX.IO Bitcoin Exchange implemented a phone verification feature with the Two-Factor Authentication. The decision to introduce this system aims to strengthen CEX.IO security system in general and increase safety of each member of CEX.IO continuously growing user base.

CEX.IO team believes that 2FA would significantly reduce online fraud occurrence, because users’ accounts will be secured not only with provided passwords, but also with additional pieces of information, which only users are informed about.

Continue reading CEX.IO strongly recommends Two-Factor Authentication at CEX.IO Official Blog.