Bitcoin Hits Record High

It's worth noting for historical context that Bitcoin has officially passed $1,000 USD! It's incredible it has surviced the attacks, vulnerabilities, and market this long, and this is truly a sign a of it's strength, value, and importance.  There are now many many markets to both buy/earn and spend Bitcoins!  Keep following folks!! Things are really heating up now.

BitCoin "Difficulty" Explained

http://coin.furuknap.net/understanding-bitcoin-mining-difficulty/

Useful knowledge base

Found this when exploring around the web for good information.

https://bitcointalk.org/index.php?board=14.0

Crypto-Currency Compairisons

http://www.coinwarz.com/cryptocurrency

Great technical references for miner design

Found out that the blog showing information on bitcoin mining actually has a good amount of content.

It's a must see, http://www.asicbitcoinmining.info/p/gpu-mining.html?m=1

Litecoin

How will litecoin change the existing Bitcoin market?
It's hard to be sure, but a few questions must be answered first.


Will Litecoin stabilize, or destabilize the current Bitcoin economy?
Will Litecoin ultimately become infeasible to mine with standard computers?
How long will it be before a new currency emerges, and will it stick?

Only time will tell...

How to build a miner

Useful Bitcoin/Litecoin DIY Miner Rigs Tutorials:

http://www.cryptobadger.com/build-your-own-litecoin-mining-rig/ 

This guide makes use of consumer grade graphics cards for GPU computation.
What would be best is to see how we can optimize the design with custom FPGA chips.

http://www.asicbitcoinmining.info/2013/05/brilliant-guide-how-to-build.html?m=1

Here's a great guide on building a bitcoin/litecoin miner.

The guide uses graphics cards, where we would use custom fpga chips.