1000W is more than enough for your rig.

That is right. If you undervolt, 600W is more than enough.

"The cryptocurrency and blockchain space has grown considerably in the past few years, with heavy investment flowing from both capital investment to a new form of investment called the initial coin offering, or ICO, which is uniquely offered through [Suspicious link removed]panies and their technology.
However, a new form of investment is being made possible through Title III of the JOBS Act, put forth by the Obama Administration in 2012. Airbitz, a single sign-on security platform for blockchain apps, is allowing fans of the technology, or anyone for that matter, to invest in a crowdfunding campaign using Bitcoin.
Originally a business which was mainly focused on the Bitcoin space, Airbitz has seemingly pivoted beyond just Bitcoin as a cryptocurrency and is now expanding its focus to becoming blockchain agnostic with their Airbitz Edge product. Even working with Ethereum-based company Augur, Airbitz is allowing businesses to provide an opportunity for their customers to encrypt and back up private keys associated with their service in a decentralized manner.
The crowdfunding campaign will be executed through Wefunder, an equity crowdfunding website which allows anyone, even non-accredited investors, the opportunity to invest in startups. The Airbitz Wefunder page states that they’re seeking to raise between $100,000 to $1 million. At the time of writing this article they have raised $34,000.
“We’ve built a security model that ultimately protects the end-user and is robust enough to handle the storage, backup, and synchronization of sensitive data,” said Airbitz CEO Paul Puey.
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“The campaign will accelerate progress towards the creation of secure, user-friendly, decentralized applications by powering additional functionalities, digital currency support, and integrations for decentralized apps.”
 
When asked through email what Puey found inspiring about the Wefunder model versus private equity or ICO’s, he responded:
“We wanted to take part in utilizing this new legislation that opens up startup investing to the general population vs only high-net-worth individuals that make up less than 1 percent of the population. Bitcoin democratized access to a digital financial service. Title III does the same with investing and is therefore very in line with our company mission. We have a strong user base with a passionate following and wanted to enable them to take part and feel a sense of ownership in a product they already use."
"Only an equity crowdfunding campaign can do that. We chose to utilize WeFunder because they have the best reputation and highest success rate for Title III crowdfunding campaigns. They have had a close eye on enabling bitcoin payments for some time and were awesome to work with in enabling bitcoin integration with BitPay.”
 
As Airbitz continues foray into other blockchain technologies and platforms, these funds will ensure that they are able to work with even more potential technologies down the road. When asked what he thought would be some ideal technologies to work with, Puey stated:
“Any decentralized app on Ethereum, Rootstock, bitcoin, or other crypto platforms can take advantage of our platform, and we have some exciting partnerships to announce in the coming weeks. In addition, any application that wants to enable secure, private data that only the user can access would benefit from utilizing Airbitz. We see potential use cases for private key authentication for IoT devices & access control, secure notes programs, password managers, health care record storage, financial management applications, and a myriad of other uses.”
Puey went on to elaborate on the nature of this crowdfunding campaign compared to the hotly discussed and controversial ICO’s currently going on:
“We have never entertained an ICO as it simply does not fit our product. We aim to be the engine that powers the security behind blockchain apps. Requiring transactions in another currency in addition to the native blockchain application's currency is a friction point we did not want to add. We feel there is a right place for ICOs and a right fit for true equity funding. We're clearly a fit for the model we chose.”

"The Winklevoss brothers, identical twins, had filed their first application for a bitcoin ETF called Winklevoss Bitcoin Trust three years ago.

Investors have shown keen interest in the Winklevoss ETF. If approved by the SEC, this would be the first bitcoin ETF issued by a U.S. entity.

According to the amended filing, State Street will provide the fund administration and accounting services, including calculating the bitcoin trust's net asset value (NAV).

Another major change involved the ETF's custodian, Gemini Trust Company, doing monthly "proof of control" exercises and publishing the reports on the ETF's website.

"Custodian's cold storage system was purpose-built to demonstrate "proof of control" of the private keys associated with its public bitcoin addresses," the filing said.

"The sponsor and the custodian have engaged an independent audit firm to verify that the custodian can demonstrate "proof of control" of the private keys that control the Trust's on a monthly basis."

Burr Pilger Mayer, based in San Francisco and known for working with venture-backed digital currency companies, has been named the ETF's auditor, the filing said.

In addition, the SEC filing said Gemini's daily auction price at 4 p.m. EDT will now be used to price the NAV of the ETF. The previous pricing mechanism was the Gemini spot price. Gemini runs a digital currency trading venue.

Since its launch in September, the Gemini auction has transacted more than 19,00 bitcoin on average per business day, which represents more than 16 percent of all U.S.-based bitcoin exchange volume during the 4 p.m. period, Gemini said on Tuesday.

The daily auction along with Gemini's expansion has increased the company's market share to about 9 percent of all U.S. dollar-denominated exchange-traded bitcoin volume.

The ETF would trade under the ticker symbol COIN.

Late on Tuesday, bitcoin traded at $632.88 on the BitStamp platform."

That is right. Colleting the bitcoin is a good way to earn some. But you cannot make a living out of bitcoin now.

ETC price will not hit 0.01 bitcoin if there is no big development support of it. It lack funding at the moment.

If the hacker does not dump his coin and donate most of his coins to the ETC development, there is a possibility that ETC will be 0.01.

That is right. If the ETC price rise to 0.01 bitcoin, that will make many people rich and it might take some time.

The adoption of the bitcoin is accelerating  now, so the price shall rise faster. I think the price will be $700 in September.

The $550 range could be a short term bottom, I think the bitcoin price will not drop below that level.

It does not matter if the price drop to $580 or not. If there is active development of the bitcoin, the price will rise.

If there is no transaction capacity increase in the next 2 years, the bitcoin will be dead as another coin will replace it.

I hope the banks can adopt the bitcoin so that I can save and borrow bitcoin from the banks. They are regulated, more trustable.

There is no way the bitcoin price will be over $10,000 next year, let alone 100,000. I would not call those people expert.

"Put simply, Bitcoin is getting too big for the network Satoshi designed. As it grows, many of the exchanges that process Bitcoin payments are seeing transactions delayed, with the network’s building blocks filling up with data. A floated solution is to increase the network’s capacity, but purists argue that this would centralise power..."

So we need to increase the block size.