You Can Now Buy Bitcoin Mining Hardware at American Retail Giant Walmart

2022-11-06

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Mining

As Bitcoin Journal identified on Thursday (4 November 2022), it appears to be like like now you can purchase every kind of Bitcoin-related merchandise at American multinational retail company Walmart; this contains ASIC-based Bitcoin mining {hardware} from Bitmain.

Supply: Walmart

The costliest Bitcoin mining product they appear to supply is Bitmain Antminer S19J Professional (launched in November 202), which prices $6,000:

Supply: Walmart

As for different cryptocurrencies, Walmart is promoting Bitmain Antminer L7 (launched in February 2022), at present lowered to $14,600, which can be utilized for mining cryptocurrencies, corresponding to Litecoin and Dogecoin, which use the Scrypt hashing algorithm:

Supply: Walmart

Listed below are just a few different Bitcoin-related merchandise you can at present purchase at Walmart:

Supply: Walmart

On 17 October 2022, Suresh Kumar, the CTO of Walmart, which is the world’s largest retailer by income, shared his ideas on crypto at Yahoo Finance’s All Markets Summit.

Kumar had this to say in regards to the function of crypto in Walmart’s future:

“I believe that there are three main areas of disruption. Crypto falls in kind of the center of it. I’ve talked earlier than about the way in which by which prospects are getting impressed and discovering merchandise. That’s altering.

“And a part of that’s going to occur within the Metaverse. A part of that’s going to occur on stay streams, inside your social media app. So whether or not it’s bodily items or digital items, they play a component by way of what the shopper needs.

“Crypto will change into an essential a part of how prospects transact. We wish to make it possible for we make it as friction free for patrons to have the ability to transact, and to have the ability to purchase, and the way they’re able to derive worth out of it. And that’s the place– I believe plenty of the disruption goes to start out occurring by way of totally different cost strategies, totally different cost choices.

“The function of crypto goes to proceed to play a vital function in that. And clearly, we wish to be there the place the shopper actually wants us to be. The final a part of it’s how merchandise get found, merchandise get delivered. Numerous disruption happening over there. However if you particularly speak about crypto, it’ll be about discovery of merchandise, whether or not it’s bodily or digital inside, both the Metaverse or upfront, after which how folks transact.“

On 16 January 2022, CNBC reported that Walmart “seems to be venturing into the metaverse with plans to create its personal cryptocurrency and assortment of non-fungible tokens, or NFTs.”

The CNBC report went on to say:

“The large-box retailer filed a number of new emblems late final month that point out its intent to make and promote digital items, together with electronics, dwelling decorations, toys, sporting items and private care merchandise. In a separate submitting, Walmart mentioned it might provide customers a digital forex, in addition to NFTs. In keeping with the U.S. Patent and Trademark Workplace, Walmart filed the functions on Dec. 30. In complete, seven separate functions have been submitted.“