$BTC: You can now buy Bitcoin mining hardware from US retail giant Walmart

Like Bitcoin Magazine underline on Thursday (November 4, 2022), it looks like you can now buy all sorts of Bitcoin-related products from American multinational retailer Walmart; this includes Bitmain’s ASIC-based bitcoin mining hardware.

The most expensive Bitcoin mining product they seem to offer is Bitmain Antminer S19J Pro (released Nov 202), which costs $6,000:

As with other cryptocurrencies, Walmart is selling Bitmain Antminer L7 (released February 2022), currently discounted to $14,600, which can be used to mine cryptocurrencies, such as Litecoin and Dogecoin, which use the algorithm of Scrypt hash:

Source: Walmart

Here are some other bitcoin-related products you can currently buy at Walmart:

On October 17, 2022, Suresh Kumar, the CTO of Walmart, which is 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 main areas of disruption. Crypto kind of falls in the middle. I’ve already talked about how customers get inspired and discover products. It changes.

And some of that is going to happen in the Metaverse. Some of this will happen on live streams, in your social media app. So whether it’s physical goods or virtual goods, they play a role in terms of what the customer wants.

Crypto will become an important part of how customers transact. We want to make sure that we make it as smooth as possible for customers to be able to transact and be able to buy, and how they can derive value from it. And that’s where – I think a lot of the disruption is going to start happening in terms of different payment methods, different payment options.

The role of crypto is going to continue to play a very important role in this regard. And of course, we want to be where the customer really needs us. The last part is about how the products are discovered, the products are delivered. There are a lot of disturbances there. But when you’re talking specifically about crypto, it’s going to be about discovering products, whether physical or virtual inside, whether it’s the metaverse or up front, and then how people transact.

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 that signal its intention to manufacture and sell virtual goods, including electronics, home décor, toys, sporting goods and merchandise. of personal care. In a separate filing, Walmart said it would offer users virtual currency, as well as NFTs. According to the US Patent and Trademark Office, Walmart filed the applications on Dec. 30. A total of seven separate applications were submitted.

Image credit

Featured image via Pixabay

About Catherine Sturm

Check Also

The 5 “Best” Hardware Wallets (November 2022)

Hardware wallets are physical devices that store your private keys and allow you to sign …