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  • California Legalizes Bitcoin
    By on June 30, 2014 | Comments Off  Comments


    jfruh (300774) writes “California governor Jerry Brown has signed a law repealing Section 107 of California’s Corporations Code, which prohibited companies or individuals from issuing money other than U.S. dollars. Before the law was repealed, not only bitcoin but everything from Amazon Coin to Starbucks Stars were techinically illegal; the law was generally not enforced.”

    Read more of this story at Slashdot.


    (more…)

  • NSF Researcher Suspended For Mining Bitcoin
    By on June 10, 2014 | Comments Off  Comments

    PvtVoid (1252388) writes “In the semiannual report to Congress by the NSF Office of Inspector General, the organization said it received reports of a researcher who was using NSF-funded supercomputers at two universities to mine Bitcoin. The computationally intensive mining took up about $150,000 worth of NSF-supported computer use at the two universities to generate bitcoins worth about $8,000 to $10,000, according to the report. It did not name (more…)