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May 29, 2014 AT 10:00 am

Dish Network to accept Bitcoin as payments

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Dish Network to Accept Bitcoin as Satellite-TV Bill Payments @ Bloomberg.

Dish Network Corp. said subscribers will soon be able to pay their bills using bitcoin, the online virtual currency that’s drawn scrutiny from regulators. The satellite-TV company, which has more than 14 million customers, will begin accepting bitcoin payments in the third quarter, according to a statement today. Dish says it’s the largest company to accept bitcoin as well as the first pay-tv provider to do so.

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1280X698 Adafruit Bitcoin Banner
We thought it could be interesting to someone out there to share how the orders placed at Adafruit using bitcoin was going. We launched mid November 2013 and the average amount of total bitcoin orders per day was about $1,572.14 USD, with an average order size of $231.20 USD. Peak orders was around 100/day using bitcoin, in the last 30 days it’s about 5 to 10 orders / day using bitcoin and average amount per order being $170.86 USD. Other online stores in the maker world started taking bitcoin too, if you have some coins to spend, head on over to EMSL (Evil Mad Scientist). The coolest part of this experiment for us was an Adafruit community member built a bitcoin miner and then used the coins they mined to buy Adafruit electronics with the mined coins. More bitcoin news here…. Oh, would we add bitcoin now if we didn’t have it, based on what we know now? Sure, the big spend-coin-rush is over, glad we added it when we did!


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