$BTC: You Can Now Buy Bitcoin Mining Hardware at American Retail Giant Walmart
Like Bitcoin Magazine pointed out on Thursday (November 4, 2022), it appears that you can now buy all sorts of Bitcoin-related products at American multinational retailer Walmart; this includes ASIC-based Bitcoin mining hardware from Bitmain.
The most expensive Bitcoin mining product they seem to offer is the Bitmain Antminer S19J Pro (released in November 202), which costs $6000:
As for other cryptocurrencies, Walmart is selling the Bitmain Antminer L7 (released in February 2022), currently reduced to $14,600, which can be used to mine cryptocurrencies, such as Litecoin and Dogecoin, that use the Scrypt hashing algorithm:
Here are some other Bitcoin-related products that you can currently buy at Walmart:
On October 17, 2022, Suresh Kumar, CTO of Walmart, the world’s largest retailer by revenue, shared his thoughts on crypto at Yahoo Finance’s All Markets Summit.
Kumar had this to say about the role of crypto in Walmart’s future:
“I think there are three major areas of disruption. Crypto kind of falls in the middle of that. I have previously talked about the way customers are inspired and discover products. It is changing.
“And part of that is going to happen in the Metaverse. Part of that will happen on live streams, inside the social media app. So whether it’s physical goods or virtual goods, they play a role in relation to what the customer wants.
“Crypto will become an important part of how customers shop. We want to make sure that we make it as frictionless for customers to be able to shop, and to be able to buy, and how they can get value out of it. And that’s where – I think a lot of the disruption will start to happen in terms of different payment methods, different payment options.
“The role of crypto is going to continue to play a very important role in that. And of course we want to be where the customer really needs us to be. The last part of that is how products are discovered, products are delivered. Lots of disturbances going on over there. But when you’re talking about crypto specifically, it’s going to be about product discovery, whether it’s physical or virtual inside, either Metaverse or up front, and then how people trade.“
On January 16, 2022, CNBC reported that Walmart “appears to be venturing into the metaverse with plans to create its own cryptocurrency and collection of non-fungible tokens, or NFTs.”
The CNBC report went on to say:
“The big-box retailer filed several new trademarks late last month indicating that it intends to create and sell virtual goods, including electronics, home decor, toys, sporting goods and personal care products. In a separate filing, Walmart said it would offer users a virtual currency, as well as NFTs. According to the US Patent and Trademark Office, Walmart filed the applications on December 30. In total, seven separate applications have been submitted.“
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Featured image via Pixabay
