Steam drops Bitcoin support due to volatility and $20 ...

Bitcoin is causing too many complications for Valve, so the company has announced that it will no longer accept the digital cryptocurrency. Valve runs Steam, which is the the biggest PC-gaming distribution platform outside of China, and it started taking Bitcoin as a payment in April 2016 after talking about the possibility for years . But high fees and the roller coaster market value have...

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Bitcoin takes a hit as gaming giant Steam revokes payment ...

7 Dec 20172 Shares

What is the future for bitcoin? Image: Adrian Today/Shutterstock

Steam is the largest online gaming shop on the planet, and bitcoin is no longer welcome there.

In a major setback for the mainstream adoption of cryptocurrency, Steam, owned by Valve Corp, has announced it is no longer dealing with bitcoin as a payment method on the site.

Describing the issue of allowing the...

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How to check my pc for bitcoin miners?>

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How to check my pc for bitcoin miners?

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May 2, 2016 9:48 PM

in Antivirus / Security / Privacy

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Date: 2017-12-20 02:42:30
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There are multiple ways of mining Bitcoins . The most popular being the traditional way - In this way of mining Bitcoins, a person has to ensure that their Laptop's or PC's are connected to the internet and are up and running for long hours. One of our team members found out that by keeping his PC on for a week, his PC could generate only $1.5 worth of Bitcoins (i.e. $128.9 = 1 Bitcoin; as of 5th...

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Steam Drops Bitcoin, Citing Volatility And High Fees ...

PC gaming platform Steam no longer accepts Bitcoin as a payment method, Valve announced today . The company said it won't accept the cryptocurrency any longer due to "high fees and volatility" in its value. Regarding the fees, Valve pointed out that the transaction fee charged to the customer using Bitcoin rose from 20 cents when Valve started accepting it to almost $20 today. Valve doesn't control these fees, but the company is unpleased with the situation it puts its users in.

Regarding the volatility ( Bitcoin...

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Website: https://www.gamespot.com

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Steam Has Ditched Support For Bitcoin Payments, Here's Why ...

Valve may have only brought Bitcoin payments to the Steam PC gaming store in April of 2016 but now it has announced that it is ditching support for the cryptocurrency.

The move comes amid renewed interest in Bitcoin, with values fluctuating hourly and reaching all time highs of late.

Coupled with the fluctuating value, Valve has cited a $20 processing fee as another chief reason behind the...

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Date: 2018-01-11 19:15:07
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What is Bitcoin? What Are Bitcoin Futures? How to Mine ...

Bitcoin now out-values gold many times over. We explain what is Bitcoin and how you can earn the virtual currency on your PC or laptop.

We explain how you can use your PC or laptop to generate bitcoins, and whether you'll ever get rich in doing so

By Jim Martin

| 04 Dec 2017

Bitcoin is wildly confusing . And here's the bad news: the fact you're reading this now means you're late to the game, and...

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Date: 2017-12-20 01:48:00
Website: https://www.techadvisor.co.uk

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Valve drops Bitcoin as a Steam payment option | PC Gamer

The price of Bitcoin is currently soaring. When the same happened with Ethereum earlier this year, it led to soaring graphics card prices, as miners bought up all the hardware they could find. Bitcoin's price flux could mean graphics cards are about to get scarce again .

Less than two years after adopting Bitcoin as a payment option on Steam, Valve has announced that it is dropping support for...

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Website: http://www.pcgamer.com

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