• Portugual electricity Luzboa accept bitcoin
    Bitcoin,  Technology

    Small Portugese electricity provider turns to Bitcoin to attract customers

    Tiny Luzboa hopes to ‘capture a niche’ in Portugal’s wide-open retail power market by letting customers pay their bills with the cryptocurrency

    The new payment option will be called Bit Spot and will allow the firm’s customers to pay monthly based on the average monthly price of electricity on the local market. A Luzboa representative said that the firm will create its Bitcoin wallet and launch the new dedicated payment service by the end of this month.