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.
Posted December 16th, 2017
gpuShack began accepted 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.
