Overstock.com began accepting Bitcoin last Thursday.
We'd previously reported they weren't going to start taking the digital currency as payment for another few months, so the announcement surprised a bunch of people.
But reaction was swift: $130,000 worth of merchandise flew off the retailer's e-shelves on the first day.
Now, Overstock shares with us some data about the purchases.
Most popular items purchased with Bitcoin:
- Sheets
- Mobile phone cases
- USB flash drives
- Bath towels
Overstock also provided us with data for all 50 states. We threw it into a spreadsheet and re-calculated to adjust by population stats (transactions per million residents). Then we created a map.
Here's the states with the most Bitcoin transactions (on Overstock) per capita:
- New Hampshire
- Utah (where Overstock.com is based)
- Oregon
- Vermont
- Washington
Of course, this is just the beginning so there aren't tons of transactions yet, and it's just on one site (albeit a mass market one). But it's not surprising that the state whose motto is Live Free Or Die is t he most into the currency.
Rob Wile, data via Overstock.com and U.S. Census
State | Transactions per million residents |
New Hampshire | 14.3563193117429 |
Utah | 9.99699400731918 |
Oregon | 9.92349999300266 |
Vermont | 9.57502832612546 |
Washington | 9.4672437668958 |
Massachusetts | 8.21775680938271 |
Alaska | 8.16179951355675 |
New Mexico | 7.1932544537035 |
Virginia | 6.90038805603357 |
Montana | 6.89543079203873 |
Idaho | 6.82324568150578 |
California | 5.94795213182039 |
Connecticut | 5.56161153255767 |
Nevada | 5.37608202610912 |
Wisconsin | 5.04987799320635 |
Minnesota | 4.98120058003313 |
Colorado | 4.93511556806882 |
Kansas | 4.83766690382753 |
South Dakota | 4.73441696246909 |
Maryland | 4.72269833393323 |
Arizona | 4.6780985310167 |
Maine | 4.51704506957002 |
Pennsylvania | 4.46225833641842 |
Florida | 4.44947695631227 |
Georgia | 4.30337083037143 |
New York | 4.27456399828875 |
Illinois | 4.19185173886161 |
North Carolina | 4.16325651955817 |
North Dakota | 4.14712334788974 |
Texas | 3.97002547584253 |
Missouri | 3.80531920754724 |
Rhode Island | 3.80404960100275 |
Nebraska | 3.74628849846616 |
Indiana | 3.50028047899664 |
New Jersey | 3.48340477871446 |
Michigan | 3.33480805956412 |
West Virginia | 2.69642949591868 |
Ohio | 2.6791560278245 |
Oklahoma | 2.59701945271451 |
South Carolina | 2.51317374261205 |
Iowa | 2.2650672271953 |
Delaware | 2.16041281168006 |
Hawaii | 2.1366699571384 |
Alabama | 2.06879915725398 |
Kentucky | 2.0476441285511 |
Tennessee | 1.84729689663358 |
Wyoming | 1.71627266767126 |
Louisiana | 1.51335972344432 |
Mississippi | 1.33725282135272 |
Arkansas | 0.675818830542821 |