Dell today became the largest ecommerce vendor to accept Bitcoin payments in the US. Customers can choose any product on Dell.com and use Bitcoin as payment method to enjoy this new feature. Dell is partnering with Coinbase, the world’s largest platform for buying and selling bitcoins for US dollars at the current market rate. How to use it? When you’re ready to make a purchase, just add your items to your cart, fill out your shipping details and choose Bitcoin as your payment method. When you submit your order, you’ll be taken to Coinbase.com to complete your purchase. From here, you can choose to pay directly from your bitcoin wallet by using the generated payment address or by scanning the QR code with your smartphone. Or, if you have a Coinbase account, you can log in and send payment directly. Once your payment has been processed, you’ll be returned to Dell.com ...

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Microsoft and the University of Maryland have developed a Bitcoin alternative called “Permacoins”. Bitcoin have become the successful e-cash system in the recent years, but mining Bitcoins wastes computational resources. Bitcoin’s underlying mining mechanism, attempting to solve computational puzzles that have no intrinsic utility. So, Premacoins re-purposes its mining resources to achieve a more broadly useful goal like distributed storage of archival data. For example, you could store some 100GB of government data on your system to earn premacoins. Unlike Bitcoin and its proposed alternatives, Permacoin requires clients to invest not just computational resources, but also storage. Our scheme involves an alternative scratch-off puzzle for Bitcoin based on Proofs-of-Retrievability (PORs). Successfully minting money with this SOP requires local, random access to a copy of a file. Given the competition among mining clients in Bitcoin, this modified SOP gives rise to highly decentralized file storage, thus reducing the overall waste of ...

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Microsoft today announced that they have added Bitcoin rate conversion support in Bing. Just like how you do for country to country currency conversion, you can covert to Bitcoin using btc keyword. For years, you have been able to convert currencies in Bing. Whether you’re looking to compare dollars to pounds, euros to pesos or yuan to rupee, we’ve got over 50 currencies in our index that we’ll display following a few quick keystrokes. As Bitcoin (the peer-to-peer payment system and digital currency) makes headlines and captures the world’s attention, we thought it was only natural to give you an easy way to track real-time fluctuations. Starting today, you will find instant Bitcoin conversions at the top of your Bing results.* How many Bitcoins do you need for that $71,000 Tesla? To check it out for yourself, head over to www.bing.com and try a search. ...

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