“Until your altcoin successfully defeats a coordinated attack like NYA/S2X, with 90% of the hashrate and major businesses trying to force a hard fork, its immutability is untested and its monetary policy is suspect.” -Pierre Rochard

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Bitcoin – The Currency of the Internet

How Could Bitcoin Suspect Leave an Iceland Prison's Comforts Behind? Easily

REYKJAVIK, Iceland — It has been more than four months since thieves pulled off the biggest heist in the history of Iceland, and the police here still have no idea where the booty — roughly $ 2 million worth of Bitcoin-mining computers — is stashed. A breakthrough in the case seemed imminent in early …
Google Alert – bitcoin

Bitcoin heist suspect reportedly walked out of low-security prison, onto flight

As Ars has reported previously, given that electricity is relatively cheap in Iceland compared to other parts of Europe—thanks to the country's plentiful geothermal energy—Bitcoin mining has been in high demand despite Iceland's population of just over 300,000 people. Later this year, Bitcoin mining is …
Google Alert – bitcoin

Suspect in Iceland bitcoin-mining heist breaks out of prison, escapes country

The suspected mastermind in the theft of $ 2 million in computers used to mine bitcoin escaped from a minimum-security prison Tuesday — and apparently flew out of the country on a plane carrying Iceland's prime minister. Sindri Thor Stefansson escaped through a window at Sogn prison Tuesday night, …
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Prime suspect in 'big bitcoin heist' escapes Iceland prison and flees on plane with country's prime …

Prime suspect in 'big bitcoin heist' escapes Iceland prison and flees on plane with country's prime minister … The prime suspect in the theft of more than 600 computers which were used to mine bitcoin has escaped from and Icelandic prison and travelled to Sweden on a plane carrying the country's …
Google Alert – bitcoin

Suspect in Iceland's 'Big Bitcoin Heist' escapes prison

A prisoner in Iceland suspected of masterminding the theft of about 600 computers that were being used to mine bitcoin and other virtual currencies … If the equipment is used for its original purpose — to create new bitcoins — the thieves could turn a massive profit in an untraceable currency without ever …
Google Alert – bitcoin