Bitcoin ATMs Launching This Month in the US

Bitcoin ATMs Launching This Month in the US

Get ready America! After a successful pilot launch in Vancouver last year, Robocoin, maker of the Bitcoin ATM, is launching this month in the US cities of Seattle and Austin. At about $19,000 per machine, they differ a little from regular ATMs because they have additional security measures like a scanner for a passport or driver’s license to identify users.

At the Vancouver location, nestled in a café sits an automated Bitcoin ATM; although sometimes a representative is present to help users that have issues. During the machine’s first month at the café, it processed over $900,000 in transactions. (I’m curious to see how much it processes Seattle, but especially Austin, since I’m from Texas!)

In the coming weeks, Robocoin plans to launch their Bitcoin ATMs in Asia while Bitcoiniacs plans to launch ATMs in London and Singapore.

With hackers continuing to target bitcoins, do you think this will cause more cyber security issues as the ATMs become a familiar site in other cities? Or, do you think the more machines that are out there give professionals the means in which to track and put a stop to cyber criminals’ activities?

About the Author

Ginger Hill is Group Social Media Manager.

Featured

New Products

  • Compact IP Video Intercom

    Viking’s X-205 Series of intercoms provide HD IP video and two-way voice communication - all wrapped up in an attractive compact chassis.

  • AC Nio

    AC Nio

    Aiphone, a leading international manufacturer of intercom, access control, and emergency communication products, has introduced the AC Nio, its access control management software, an important addition to its new line of access control solutions.

  • ResponderLink

    ResponderLink

    Shooter Detection Systems (SDS), an Alarm.com company and a global leader in gunshot detection solutions, has introduced ResponderLink, a groundbreaking new 911 notification service for gunshot events. ResponderLink completes the circle from detection to 911 notification to first responder awareness, giving law enforcement enhanced situational intelligence they urgently need to save lives. Integrating SDS’s proven gunshot detection system with Noonlight’s SendPolice platform, ResponderLink is the first solution to automatically deliver real-time gunshot detection data to 911 call centers and first responders. When shots are detected, the 911 dispatching center, also known as the Public Safety Answering Point or PSAP, is contacted based on the gunfire location, enabling faster initiation of life-saving emergency protocols.