Mineforeman.com

On my trip to Singapore two weeks ago I read through a new book The Age of Cryptocurrency, written by Michael Casey and Paul Vigna — two journalists with The Wall Street Journal. Let’s start with the good.  I think Chapter 2 is probably the best chapter...

The bitcoin logo (Photo credit: Wikipedia) I don’t think of America as the ultimate country. This country has enormous deficiencies. I think of America the way Europeans who left Europe for America thought of Europe. I am a Netizen who thinks...

I’m off to have a death match with the superintendent of our new apartment for not following up on why we had a live cockroach in our brand new and recently cleared-by-the-exterminator (or so we were told) apartment. What’s the opposite of “happy wife...

Confused by some of the terms used on CoinDesk? Here you will find a complete bitcoin 101 that will help you to understand digital currency by explaining commonly used terms and their meanings. #  A  B  C  D  E  F  G  H  I  J  K  L  M  N  O  P  Q  R...

This post can also be read at OfNumbers » The Bitcoin network, and the networks of most of its descendants, are powered by a labor force, called miners. They are provided a wage, a seigniorage subsidy, called a block reward. They get paid roughly...