SatoshiDice, the biggest Bitcoin on the net gambling site, has been sold in complete for 126,315 Bitcoins. At the current exchange rate, that is definitely approximately 11.5 million in US dollars.
1 of the largest enterprises in the Bitcoin economy, SatoshiDice couldn’t be simpler in design-players send bitcoins to a precise address, each and every having a different payout percentage. Send a bitcoin to address 1dice8EMZmqKvrGE4Qc9bUFf9PX3xaYDp, as an example, and you have a 48% possibility of doubling your cash.
In accordance with reports, SatoshiDice has taken greater than $15 million in bets and, in January 2013, reported income of $500,000. In May possibly, the business blocked guests with US IP addresses from accessing the site, but this does practically nothing to stop US players continuing to send funds towards the SatoshiDice gambling addresses.
SatoshiDice is “floated” on the unregulated Bitcoin exchange MPEX, listed with ticker symbol S.DICE.
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