Founded August 10, 2014 , Burstcoin [BURST] uses a unique algorithm called Proof of Capacity or (PoC), which utilizes unused hard disk drive space instead of a processor or graphics card while mining for BURST. Miners can pre-generate chunks of data known as 'plots' which are then saved to the hard disk. The number of plots stored is effectively the mining speed. Every block a miner skims through ...
Poloniex a very popular U.S. based cryptocurrency trading exchange platform will block New York residents from services beginning August 8th 2015. Users of the site have been issued an email warning letting them know they must remove funds if they reside in NY. “In accordance with the New York State Department of Financial Services, Poloniex will no longer be allowed to provide services to resi...
On July 21, 2015 a de-list order was issued against LTBcoin by Poloniex Exchange officials who stated that “Passionate pleas from the community have convinced us not to de-list LTBC”. This news comes as a shock to the Let's Talk Bitcoin community, the community has had a tremendous impact on spreading the word about bitcoin through a content platform that rewards it's contributors in LTBCoi...