“Erik Voorhees has announced that SatoshiDice, by far the most popular gambling site in the Bitcoin community, is being sold in full for 126315 BTC, worth $12.4 million USD at the time of the announcement. SatoshiDice is now one of the largest businesses in the Bitcoin economy, beaten out by the mining company ASICMiner, worth roughly $150 million, and perhaps Bitcoin merchant and exchange juggernauts such as BitPay, BitInstant and Coinbase, all of which have received millions of dollars in investment. The company’s success can be attributed to its simple interface.”
http://bitcoinmagazine.com/satoshidice-sold-for-12-4-million/
(Visited 57 times, 1 visits today)
Related posts:
Tennessee to roll out “No Refusal” blood-draw DUI checkpoints for Labor Day
Man still "smarting" from police detainment after refusing "smart meter"
Bitcoin Is Not Quantum-Safe, And How We Can Fix It When Needed
Buying a Bitcoin: (Slowly) Trading Through an Unregulated Market
U.S. Government: The Truth Is Too Complicated and Dangerous to Disclose to the Public
Fitness Tracker Apps Leak Sprawling U.S. Military Footprint in Africa
The core Internet institutions abandon the US Government
Overstock.com CEO Unveils More Details About Bitcoin Adoption
When in Rome
Cancer Patient Loses Doctor, Treatment Delayed Due To ObamaCare
The State's War on Student Debtors Is Heating Up
The Bank Branch: An Endangered Species?
More Cops in Schools Is the Wrong Answer to Mass Shootings
Betcha This Government Is Learning To Fear Its Serfs
How Millennials will shape the future of work