Dell embraces Bitcoin

|By:, SA News Editor

"Now you can buy digital with digital," reads a blog post in which Dell announces it's accepting Bitcoin (COIN, OTCQB:BTCS) payments on Dell.com.

The IT giant is partnering with popular Bitcoin payment-processor Coinbase, and is launching a promotion through which buyers of Alienware gaming PCs can get a 10% discount (up to $150) by paying via Bitcoin.

Dell joins a Bitcoin supporter list that also includes Newegg, Expedia, Dish Network, and Overstock. The virtual currency's low transaction fees have given merchants an incentive to accept it, even as its volatility leaves others cautious.

Coinbase is currently showing bid-ask spread of $627-$630.