More Bitcoin Articles

  • Bitcoin 'mining pool' promises to stay small

    NEW YORK (AP) — The largest group of bitcoin miners, which maintains and processes transactions in the digital currency, is promising to avoid majority control of the currency as a temporary measure to maintain the payment system's credibility. Mining pool GHash.IO, which is controlled by a...

  • Governor recognizes use of bitcoins in California

    SACRAMENTO, Calif. (AP) — Gov. Jerry Brown has signed a bill into law that recognizes bitcoins and other virtual currencies in California. Brown announced over the weekend that he had signed AB129 by Assemblyman Roger Dickinson. Dickinson, a Democrat from Sacramento, said his bill repeals an...

  • Bitcoin's new problem

    The digital currency Bitcoin is facing a new threat to its viability, this time involving its claim to be decentralized. On Friday, a single mining pool — a group of so-called miners who direct computing power to maintain the network's ledger in exchange for payment in Bitcoin — grew large...



From the Weekly Standard