Bitcoin Malaysia and Blockchain Tech Information

Bitcoin and Blockchain, Bitcoin Exchange, Bitcoins Malaysia, Blockchain Malaysia

Hosted Bitcoin Wallet Solutions or Online Bitcoin Wallets

Hosted Bitcoin Wallet Solutions or Online Bitcoin Wallets

By on September 3, 2012

Some people have asked me about online bitcoin (btc) wallets and whether its safe. For me, its always safer to store your bitcoins in an offline Bitcoin wallet (like Armory) on a Linux computer to prevent malware hijacks. But if you are adamant on using this easy online bitcoin wallets, here’s a few.. (thanks to the list from bitcointrading).

List:

Blockchain.info Wallet – Somewhat “official” as far as bitcoin wallet solutions go, they are definitely the #1 option to get a hosted wallet, I think more people use blockchain.info wallet than actual bitcoin clients. They have a 2 factor authentication feature where you need to key in a special code sent to your email for verification.

Coinbase – The new wallet solution, Coinbase is a startup company that is trying to be the next Paypal of Bitcoin, we will see if they succeed!  They offer you a 0.10 BTC if you set up a free account and become verified. They have a 2 factor authentication feature where you need to key in a special code sent to your phone as SMS or via Authy.

Instawallet – A website that automatically generates you an address to send bitcoins to, not very safe by any stretch but if you need a wallet instantly for some reason, they offer that service.  You definitely need to bookmark your wallet if you have any stored in there!

EasyWallet – Offering a similar service to Instawallet, it generates you a wallet as soon as you visit the site.  Don’t forget to bookmark the wallet!

ZenWallet– Another instant wallet generating website.  Don’t forget to bookmark your URL, and again make sure you trust bitcoins to the site owners because we’ve seen companies disappear in the past.

Paytunia – Paytunia is a step up from Instawallet in terms of both complexity and security. They have a cool option where you can send bitcoins to an email address if you want to pay someone whose Bitcoin address you don’t know.

Pyramining – How to Invest or Gain more Bitcoins without Mining

By on August 26, 2012

Pyramining
Pyramining

There are generally three type of people in the Bitcoin digital eco-system; normal people/investors, miners and exchanges. Well, I’m in the first and second category. Therefore as a investor, I would like to earn better returns on my Bitcoin investments. How can I do that as a Malaysian? Try pyramining that has Active members: 1053.

I’ve had some people asking me on how they can increase their bitcoin (btc) holdings without purchasing any of those fancy bitcoin mining hardware. Well, you can try the bitcoin mining referral program at pyramining. This reminds me of those affiliate programs that I used to join (since 1999). Here you can borrow hashing power at very competitive rates. You will profit from the Bitcoin mining activity without having to buy, set up and maintain your equipment.

All you have to do is to find a sponsor (pick me please), join and deposit some Bitcoins to start. Once your account is active, miners will keep working for you until the account will be fully rewarded. Investing in Pyramining is indeed very profitable: the complete reward is estimated to be reached in less than 11 months. If you want you can do some math based on the following details: at the current conditions 1 GH/s of hashing power is added every 91.23 BTC deposited, which corresponds to 10.96 MH/BTC.

How much can I gain from pyramining ?
Assuming you only deposited 10 btc today and have no referrals, you will gain 21 btc after 12 months (110%) plus weekly rewards from mining. Weekly rewards will only be sent to your wallet once it reaches 1 btc.
Example: 10 btc deposited 29 Aug 2012. Account balance on 28 Aug 2013 will be 10 + 11 + weekly rewards = ~ approx 21 btc + (weekly rewards). Once a deposit reaches 100% reward level, it will be closed and the user must add a new deposit to start the cycle again.

How to sign up for pyramining?
1. Make sure you have a btc wallet (online or offline). You can get one for free at coinbase.com
2. If you don’t have any btc in your wallet and you are from Malaysia, then try buying some from https://dgtmkt.com/ – They take direct transfers from Maybank, CIMB.
3. Sign up at the pyramining site through my affiliate links below;

http://pyramining.com/referral/rynfpxcs7 2012-09-04 02:44:56 UTC still active
http://pyramining.com/referral/2s8yg6qm7 2012-09-04 02:44:56 UTC still active
http://pyramining.com/referral/ftrcdqm6x 2012-09-04 02:44:56 UTC still active
http://pyramining.com/referral/yta6sq4pn 2012-09-04 02:44:56 UTC still active
http://pyramining.com/referral/ghatcxbmp 2012-09-04 02:44:56 UTC still active

You’ll need a sponsor to join the program and please ensure that my Sponsor ID : dq8s93xn shows up on the top right side of the page. If the links don’t work or my Sponsor ID : dq8s93xn doesn’t show on the site, drop me an email => admin AT bitcoinmalaysia.com

 

New BitCoin debit card – BitInstant Paycard

By on August 25, 2012

BitInstant’s new Paycard could be the thing that will jump-start the usage of Bitcoins (btc) in Malaysia. Kudos to them. Hope to see this card arrive in my Malaysian mailbox shortly.

the cards would cost users $10 apiece to purchase and carry a 1% bitcoin transfer fee, as well as $1.50 ATM withdrawal fee. To further streamline the exchange process, users will be able to make quick transfers under $1000 by scanning a QR code overlay on front or by accessing the personal BitCoin address listed on back

source

Charlie Shrem is the BitInstant CEO. Check out his video interview on YouTube below:

First Post for bitcoinmalaysia.com

By on August 24, 2012

Just managed to set up the WP for bitcoinmalaysia.com. Hope to bring current and new bitcoin services to Malaysians and the world. Stay tuned. Drop an email to admin AT bitcoinmalaysia.com for JV or partnership proposals.