Quote
Bitcoin-based casino rakes in more than $500,000 profit in six months
SatoshiDice and bitZino are making waves in the grey-market gambling world.
Cyrus Farivar
2013-01-23
http://arstechnica.com/business/2013/01/bitcoin-based-casino-rakes-in-over-500000-profit-in-six-months/?utm_source=dlvr.it&utm_medium=twitter
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Recently, both SatoshiDice and bitZino released their financials. If these self-reported earnings are to be trusted (and the companies say they are, given that a Bitcoin block chain can be read by anyone), then running a Bitcoin-based casino yields a tidy profit.
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There's no denying Bitcoin is experiencing some level of current success.
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On top of that, some companies (like WordPress) are even starting to accept Bitcoin despite its questionable legality that's still off-putting to many investors and users. Despite the progress however, Bitcoin observers say the digital currency has a long way to go before it becomes mainstream.
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SatoshiDice and bitZino are making waves in the grey-market gambling world.
Cyrus Farivar
2013-01-23
http://arstechnica.com/business/2013/01/bitcoin-based-casino-rakes-in-over-500000-profit-in-six-months/?utm_source=dlvr.it&utm_medium=twitter
...
Recently, both SatoshiDice and bitZino released their financials. If these self-reported earnings are to be trusted (and the companies say they are, given that a Bitcoin block chain can be read by anyone), then running a Bitcoin-based casino yields a tidy profit.
...
There's no denying Bitcoin is experiencing some level of current success.
...
On top of that, some companies (like WordPress) are even starting to accept Bitcoin despite its questionable legality that's still off-putting to many investors and users. Despite the progress however, Bitcoin observers say the digital currency has a long way to go before it becomes mainstream.
...
Article also appears on wired.co.uk with the title: "Bitcoin-based casino rakes in more than £300,000 profit in six months"
http://www.wired.co.uk/news/archive/2013-01/23/bitcoin