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BetOnline Review - BetOnline Poker for Bitcoin

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While some sites are Bitcoin-only poker rooms, BetOnline can better be described as a traditional poker room that happens to accept bitcoins as a currency. Because of this, the level of anonymity isn’t as great as you might expect to find at a site like SWC Poker. Formerly known as Seals with Clubs). One advantage to BetOnline is the relatively weak player pool. A lot of fish are swimming in their waters, and a hungry shark should be able to eat their fill. Poker players can receive a 200% matching bonus...

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SWC Poker Review - Top-Ranked Bitcoin Site

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Seals with Clubs were one of the original names in the Bitcoin poker industry, but it was forced to close early in 2015 following a raid by police and the Nevada Gaming Commission. Chairman Bryan Micon was led from his home in handcuffs and wearing nothing but underwear, but no arrests were made. Within a few months, the site was resurrected as SWC Poker. SWC has an impressive array of poker games for their customers to enjoy. Here are the most recent offerings from the site:. No, No Limit, and Pot Limit.

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Bitcasino Poker - Truthful Review of Bitcasino

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Bitcasino Poker is part of the Bitcasino brand, which happens to be the first licensed casino of its type in the world. This allows customers to have the best of both worlds, from the anonymity of virtual currency to the security of using a site that’s approved by a reputable government agency. The site is licensed in the nation of Montenegro. While this country isn’t the pinnacle of gaming regulation, it’s a major improvement over most Bitcoin poker rooms that have zero oversight. I imagine the extra mo...

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Buying Bitcoins - How to Buy Bitcoin Currency

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How to Buy Bitcoins. Ever since this form of virtual currency debuted in 2009, legions of Internet faithful have been wondering how to buy bitcoins. While early users have no doubt arrived at the answer on their own, this article is mean to serve as a guide for those who are new to the Bitcoin phenomenon. Buying from a Bitcoin Exchange. You’ll also need to choose the type of exchange that best meets your financial needs. These include the following:. This form of exchange is similar to the stock market i...

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Is Bitcoin Secure? Is It Safe to Use Bitcoins?

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Whenever people find out that I’m into virtual currency, they almost always ask the same question: Is Bitcoin secure? I usually tell them yes to set their minds at ease, but the actual truth is a little more complicated. When Bitcoin transactions are being created and processed in block chains, they are absolutely safe. At this stage, think of it like money being printed by the U.S. Mint. Examples of Bitcoin Hacks. A June of 2011, a bitcoin user known as Allinvain gained the dubious distinction of becomi...

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Betcoin Poker Review - Bitcoin Online Poker Site

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Betcoin Poker is on the cutting edge of the virtual currency gaming industry, and they’ve managed to establish themselves as one of the leading names in the business. But is their lofty reputation deserved? That’s what we intend to find out in this Betcoin review. Poker Games and Tournaments. The following individual poker games are offered at the site: Texas Hold’em, Omaha, 32 Card Draw, 7 Card Stud, and Teen Patti. If you’re pressed for time, you can take advantage of the site’s wide array of sit and g...

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Bitcoin Mining - How It Works, Examples, and More

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This article is meant to provide an overview of Bitcoin mining. While you’ll never need to perform this process yourself in order to play online poker or buy a cup of coffee, a basic understanding of how the system works is always helpful. How Does Bitcoin Mining Work? Examples of Bitcoin Mining Equipment. Weighs six pounds with a power efficiency of 0.51 W/Gh. The advertised capacity is 1,155 Gh/s. At the time of this writing, it was available through an online retailer for $494.99. ...BPMC Red Fury USB.

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How Bitcoin Works - How to Use Bitcoins

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Bitcoin is a form of virtual currency designed to create a true global economy. It’s the wave of the future, although the basic workings of this payment system are still a mystery to most. This article is meant to remedy that situation, providing a basic understanding of how Bitcoin works and the positives and negatives most often associated with it. How Does Bitcoin Work? Complex number-crunching tasks known as Bitcoin mining are required to process transactions securely and ensure that someone isn’t tr...

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5Dimes Poker for Bitcoin - 5Dimes.eu Review

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The 5Dimes Group made their first appearance in 1996, and they’ve been building a reputation for quality service and gaming ever since. Based in San Jose, Costa Rica, their network of sites includes everything from 5Dimes and Betanysports to Chinesebookie. Between the various elements of their gambling empire, they claim to offer more than 1,000 wagering options every day. While Bitcoin-only sites often let you play without providing personal details, that’s not the case with 5Dimes. In order to get ...

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Bitcoin Glossary - Dictionary of Basic Bitcoin Terms

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The innovative digital currency known as Bitcoin was released as open-source software in 2009, and since then it’s become a true player on the international financial scene. A wide range of websites have started accepting bitcoins as a form of payment, and this includes numerous casinos and poker sites catering to fans of virtual cash. Similar in nature to a physical or email address, this information must be provided in order to receive money via Bitcoin. A confirmation occurs when a transaction has bee...