![Bulgarian government winners of Bitcoin lotto](/media/k2/items/cache/278b012cdd5971441e734fc02b7eae77_Generic.jpg)
Bulgarian government winners of Bitcoin lotto
Better cash them quick
If anyone turns out to be a winner of the Bitcoin lottery it should be the Bulgarian government.
![Bitcoin is like the South Sea Bubble](/media/k2/items/cache/ca5d1263975a49c24d58126dc2ddac1b_Generic.jpg)
Bitcoin is like the South Sea Bubble
Snap, crackle and pop goes the weasel
Back in 1720 the English House of Lords passed the South Sea Act and created the South Sea Company. claimed to have a monopoly agreement with South America and led to shares rising as much as 10 times as speculators lost their marbles and invested in lots of companies with risible prospectuses. The bubble burst and many people that invested as a result of the craziness lost the lot.
![Uber set to succumb to Softbank offer](/media/k2/items/cache/5a20456f3e04af06341f8eb9ab141222_Generic.jpg)
Uber set to succumb to Softbank offer
No kidding
Late on Friday, because these kinds of things all happen on Friday, it seems that mighty Japanese giant Softbank is seeking to acquire taxi company Uber.
![IBM might be headed for a kicking](/media/k2/items/cache/6d983c3fa6bcae2d521dcc1e6e51494d_Generic.jpg)
IBM might be headed for a kicking
Wall Street predicting Square will make its eyes water
One of the top performing hedge funds is betting that shares of the ever-shrinking Biggish Blue are set to fall.
![Samsung makes mining rig out of old smartphones](/media/k2/items/cache/1ef5d8ed0783ac3b6200f80b58bb98cf_Generic.jpg)
Samsung makes mining rig out of old smartphones
"Upcycling" initiative
To show off how recycling old smartphones can be a lucrative exercise, Samsung has rigged up 40 old Galaxy S5 devices and turned them into bitcoin mining machine.
![Bitcoin hits $6,000 while mining peaks](/media/k2/items/cache/177c4bd212afdf0c06bb1003e190b2ba_Generic.jpg)
Bitcoin hits $6,000 while mining peaks
Crypto GPU market here to stay
AMD and Nvidia are heavily profitinging from the crypto market right now. Today, a few quarters into the whole Bitcoin and Ethereum, it looks like the cryptocurrencies are here to stay.
![Bitcoin splits](/media/k2/items/cache/018e3c0cc22e6181713d4130dbd39689_Generic.jpg)
Bitcoin splits
So much for financial unity
Bitcoin has split into two different types after months of debate and development over how the currency would continue to evolve.
![AMD selling MXM GPUs to miners](/media/k2/items/cache/2b2d9ef6f599bdc0e5a0ce0ea721d44d_Generic.jpg)
AMD selling MXM GPUs to miners
At the right quality and price
There is no doubt that AMD GPU profits are coming from bitcoin miners and AMD is taking advantage of this sudden interest.
![Data miners undermined](/media/k2/items/cache/6e0afa207096f0155139f763367d8fc1_Generic.jpg)
Data miners undermined
Biting the bit bullet
Bitcoin has become so slow and costly that even buying a packet of cigarette takes days to process with a $5 fee making it an unwieldy and expensive solution.
![Radeon 500 GPU shortage continues](/media/k2/items/cache/98fcc4bf8d56309f80c6e533eb2c1290_Generic.jpg)
Radeon 500 GPU shortage continues
Ethereum mining craze is still on
The GPU shortage currently mainly affects the Radeon 500 series and especially the 580 and 570 cards. These are the best for mining Ethereum right now with Geforce GTX 1060 as a good alternative.