Tagnewegg

Retailer Adoption of Bitcoin is Growing in the US and Canada, Despite Price Fall

Earlier this week, leading US electronics retailer Newegg expanded its bitcoin integration to its platform in Canada, allowing millions of customers based in Canada to pay for products with bitcoin. Increasing Retailer Adoption Newegg CEO Danny Lee emphasized that the value of bitcoin has skyrocketed since 2014, when the company first integrated bitcoin, and noted that bitcoin users have...

Retail Giant Newegg Expands Bitcoin Payments to Canada

Computer hardware retailer Newegg has begun accepting Bitcoin payments in Canada. Newegg -- which has approximately 36 million customers and was one of the first well-known companies to accept cryptocurrency payments -- made the announcement on Tuesday, explaining that Bitcoin payments have represented a “small but growing stream of purchase transactions” in the US and that the retailer wanted to...

Newegg Makes a Crypto Omelette With Eggcoin

Newegg, the $1 billion technology retailer, showed its humorous side this morning with the release of Eggcoin, a fictional cryptocurrency with its value tied to the price of a dozen eggs. Eggier "It needed to be valuable to our tech community, more efficient to mine, more friendly to monitor, it needed to be ... eggier. " says the jokester in the below video. The official Eggcoin website did not...

Newegg Thinks "Bitcoin is Going Mainstream in 2015"

In a recent blog post on the Newegg Unscrambled official blog, Newegg web editor Ivan B. wrote candidly on why he believes that Bitcoin is going to hit the mainstream hard in 2015. For many, the impact of Bitcoin on the coming year won't be a blindside. Honestly, various people have been calling each year the "year of the Bitcoin" since 2012 or earlier. As the revolutionary technology grows, the...

Newegg Bitcoin Only Deals to Look For On Bitcoin Black Friday

Newegg is celebrating Bitcoin Black Friday with special Newegg Bitcoin only deals which highlight Bitcoin's superiority as a medium of exchange. Since starting to accept Bitcoin in the summer of 2014, Newegg has quickly warmed up to the Bitcoin community. Back in July, Newegg offered 10% off to users paying in Bitcoin for an entire week. Later, in September, Newegg briefly offered 30% off to...

Newegg.com Is Now Accepting Bitcoin

In a release from earlier today, rumors surrounding a new BitPay partner have now been confirmed. Newegg is now accepting Bitcoin. Like competitor TigerDirect, Newegg uses American Bitcoin payment processor BitPay to immediately settle Bitcoin payments into fiat, much in the same way that they accept other digital currencies of the more centralized flavor, such as PayPal and VISA. At press time...

TigerDirect: Bitcoin is Now Accepted

TigerDirect Bitcoin

If you're going to shop at TigerDirect, Bitcoin is now a payment option during the checkout process. The online electronics giant currently sells over 200,000 different products over the Internet, and they are the first large electronics retailer to accept Bitcoin payments from their customers. This move makes a lot of sense for a company that focuses on selling electronics over the Internet, and...

Let's show Newegg how much buzz they will get if they start accepting Bitcoin

Yesterday Newegg posted a tweet that sparked the rumors of whether or not they would start accepting Bitcoin as a payment source. This is the first time we have heard anything official from Newegg about implementing Bitcoin: Still waiting for an update, but will let you all know as soon as we receive word! RT @TheIanMerrill: @Newegg do you take #bitcoin yet? — Newegg (Official) (@Newegg) January...

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