Crypto Payments

On the topic of Bitcoin

Posted February 12th, 2018

gpuShack now accepts Bitcoin Cash, Ethereum, and Litecoin, as a form of payment. These payment options are available during the gpuShack checkout process, after you submit your address information.

gpuShack has made a business decision not to accept Bitcoin (BTC) as a form of payment. This decision is made indefinitely.

 

On the topic of Bitcoin

Posted December 16th, 2017

gpuShack began accepting Bitcoin ever since we began operations on December 16th, 2014. Today, exactly three years later, we have deactivated Bitcoin as a form of payment. 

Unfortunately, the high Bitcoin payment fees have broken the API functionality between Coinbase.com and Shopify.com (our respective e-commerce partners). Coinbase.com can no longer estimate when a transaction will confirm (if at all), causing an insurmountable customer support burden. 

According to Earn.com, the average Bitcoin fee is over $20 USD, (over 50% of the cost of the most popular product sold on gpuShack) and we can no longer place the burden of this fee on our customers.

Bitcoin's apparent inability to scale to meet immediate market needs drove our decision. We are actively looking for a payment processor that seamlessly integrates with Shopify.com that will allow us to accept Bitcoin Cash, Ethereum, Litecoin, and other digital currencies.

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Uncensored Bitcoin IRC channel: #bitcoinchat on irc.freenode.net:6667

IRC on your IRC Client:

• Channel: #bitcoinchat
• Server: irc.freenode.net
• Port: 6667

IRC in your Browser:

1. On your regular PC or computer, visit https://webchat.freenode.net/?channels=bitcoinchat
2. Enter a nickname for yourself.
3. Do not change the "channels" field.
4. Do not checkmark "auth to services".
5. Checkmark "i'm not a robot".
6. Click connect and wait up to 15 seconds to connect to the IRC channel.