Why Dell Just Became The Largest Ecommerce Business To Accept Bitcoin
Not to be outdone by the likes of Newegg, TigerDirect, and Overstock.com, Michael Dell took to twitter today to announce the acceptance of Bitcoin at Dell.com. Coinbase followed with a blogpost announcing their newest and largest partner to date. The Texas-based, privately-owned company dwarfs resellers such as the aforementioned companies with over 100,000 employees employed worldwide and over $60 billion USD in annual sales. So far, Michael Dell hasn't said anything about paying any of his workers with Bitcoin; however, it is only a matter of time before he faces internal pressure to do....
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Computer manufacturing giant is taking a bold new step this Friday by announcing they are now accepting bitcoin on their e-commerce website, Dell.com. The program is a pilot, and will be open to consumers in the United States. The company says the move was made to meet the needs of their customers, and members of the bitcoin community will most certainly be pleased. The company says they worked with San Francisco-based Coinbase to implement the payment acceptance - a process that took only fourteen days to complete. "We've fostered a close partnership with the Dell team and that's been....
Although Bitcoin has been operating and expanding its clout since 2009, it is only the leaps and bounds taken in the last two years that confirm the belief (additionally, for some, the fear) that the cryptocurrency will indeed become a mammoth force to be reckoned with in the ecommerce industry. And not in a matter of decades, but years. Over the last 24 months we have seen Bitcoin emerge from what was regarded as a shadowy subculture into the mainstream. This transition is largely due to the acceptance of the currency by influential ecommerce sites. The summer of 2014 saw heavyweights....
Multinational computer technology specialist Dell has announced it is now accepting bitcoin through a partnership with Coinbase. With annual revenue approaching $57bn, Dell is roughly four times the size of DISH Network - the previous biggest bitcoin-accepting business. Following today's announcement, consumers and small business owners are able to purchase all items on Dell.com using bitcoin. To promote the news, the company is offering a 10% discount on all Alienware-brand products to bitcoin buyers. Dell also sells personal computers, servers, data storage devices, cameras and printers.....
Less than a month after it first began accepting bitcoin, Dell has received 85 BTC (over $50,000) for a PowerEdge server order. NewsBTC first reported the story after Dell CEO Michael Dell tweeted the following: Recieved PowerEdge server order @ http://dell.com for more than 85 #bitcoin (~$50K USD) http://dell.com/bitcoin #Dellbitcoin. - Michael Dell (@michaeldell) 10 Aug 2014. It's not known exactly who placed the order, but since Dell's off-the-shelf Poweredge servers range from $299 into the thousands, someone likely now has a whole farm acquired with bitcoin. One Twitter user pointed....
The computer giant Dell made quite a large acquisition on October 12, purchasing EMC for $67 Billion USD. Dell says this move will create the “world’s largest privately controlled integrated tech company.” This comes as pretty big news for the tech scene and — believe it or not — the cryptocurrency world. As Michael Dell and his team are fond of Bitcoin....