With the recent successes in London, Las Vegas and Tel Aviv, Inside Bitcoins Conference and Expo, has proven to be one of the leading trade shows for the fast-growing Bitcoin and related cryptocurrency industry. Inside Bitcoins will now make its debut in Paris, France on November 20-21, 2014, and Cointelegraph is excited to continue its partnership and offer our readers an exclusive discount. Enter the code TELEGRAPH to receive a 10% discount on 2-Day Passes here. The full schedule for this leading crypto event is now live, and will feature sessions from many industry leaders. You can see the agenda …
Cloud mining company FracMine announced Wednesday that it will hold a crowdsale of colored coins that will then allow the company to sell hashing power at just more than 1 USD per GH/s. The crowdsale will help recoup the cost of the ASIC miners FracMine purchased, a cost that will be divided up into fractional units called FRAC shares, which will then be issued on the Coinprism colored coins platform. There are 450,000 FRAC available for purchase in this initial offering. Each FRAC costs US$1.03, and one FRAC buys a user 1 GH/s of hashing power. That 450,000 GH/s of …
The first online colored coins wallet, Coinprism, went live this week, kicking off public experimentation with the exchange system that aspires to take Bitcoin trading to the next level. Never heard of colored coins? As if Bitcoin weren’t useful enough already, crypto-currency developers have come up with the colored coins system to trade not only money, but literally anything else you want while piggybacking on Bitcoin’s security mechanism. Here’s how they work. Instead of representing money like Bitcoins do, colored coins represent property. The owner of the coins decides and defines for others what they represent. A colored coin can …