In a previous article, we discussed how the government may use Bitcoin as a federal reserve, while also mentioning a couple of reasons why this isn’t good news for the cryptocurrency market.

While no government throughout the world has openly admitted investing in Bitcoin, we are all well aware of the fact that the U.S. government is proud to have an amazing bitcoin reserve thanks to Silk Road criminal process, when hundreds of bitcoins were seized, and are now in the hands of the treasury. However, when does the process of seizing cryptocurrencies from those who take part in illegal activities become an illicit act itself?

So far, Bitcoin has had a lot of success in the private sectors, but chances are that public institutions and governments will start using the currency soon as well. In the case that you’re wondering why this is so, then you may be surprised to know that the worldwide trust percentage in the cryptocurrency is slowly increasing, which means that public institutions will soon invest into the coin in order to keep up with the ever-changing financial system.

One of the main things that make Bitcoin different when compared to most of the market currencies that are available at this moment is its trading price, which can suffer great modifications from one day to another. In turn, this puts Bitcoin exchange companies in the spotlight, as they strive to compete against one another while also keeping track of the universal exchange price.

As Bitcoin becomes more and more popular, a larger number of people are beginning to develop projects surrounding the cryptocurrency, and one of these is backed by the idea of a bitcoin wallet acting as a bank, and therefore, doing just about everything that a bank is entitled do.

When asked about this, chances are that most economic analysts will point out that there’s no coin which is similar to Bitcoin, but most of them may be forgetting about the Euro.

An important issue which is present on the Bitcoin market at this moment is the lack of regulation which in turn promotes reputation assessment. In order to get a better grip on this concept, it is worth pointing out that because there are no laws surrounding the cryptocurrency, many people from all around have decided to use it as a way to scam people and promote illegal activities.

Payment processing service, Stripe, announced in march 2014 that they would start accepting Bitcoin payments. Now, almost a year later, Stripe has finally launched the Bitcoin payment processing facility. The company had an extensive beta test spanning over 60 countries, and the response was very positive. The company which has a massive investment history, with several high profile investors such as Andreessen Horowitz, Peter Thiel and Sequoia Capital to name a few, has finally launched the Bitcoin payment processing service.

A number of important events were held by CoinsHost in January. The most important one is an agreement with a Interxion data center in Zurich, Switzerland, where we've moved most of company's equipment and hardware.

On 15th and 16th of January, 2015 CoinsHost is migrating to a brand new, even more secure and sophisticated data center. We keep investing in the infrastructure, thus networking hardware is subject to upgrading as well. Although we do our best to eliminate downtime, some servers may experience short disconnections. Kindly contact our support engineers for further information.

Do you know what Bitcoin mining is? If not, here’s the deal – It is the way that Bitcoin transactions are verified and new coins are produced. Nowadays, this verification is done through miners, also known as ASIC’s (application specific integrated circuits). Miners are dedicated hardware which verify whatever transactions are going on, and the miners are then rewarded with Bitcoin or whatever crypto currency they are mining. When Bitcoin first started, the difficulty was very low, but as Bitcoin gained momentum and more and more people started embracing it, the difficulty kept increasing.