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Lamassu ships first bitcoin ATM

(@emilyspaven) | Published on October 3, 2013 at 10:30 BST

Lamassu has shipped its first bitcoin ATM, which allows users to insert cash and transfer it, in bitcoins, to their bitcoin wallet.

The company confirmed that the first machine has been shipped to a customer in Atlanta, Georgia.

Zach Harvey, CEO of Lamassu, told CoinDesk he is currently in Portugal overseeing production, assembly and export of the machines.

"It's an amazing feeling to go from a wooden box/Raspberry Pi prototype in February to shipping a hardened steel production model in October," he said, adding:

"That being said, this is still an on-going process, so we don't really have time to sit back and enjoy the feeling. We have 13 more machines to ship out next week."

Harvey explained the next two machines produced are going to the Crypto-Currency Conference in Atlanta and the Money2020 Conference in Las Vegas.

Next week, the company is shipping units out to a few undisclosed locations, plus:

Bratislava, Slovakia
Shanghai, China
Paris, France
Montreal, Canada
Sydney, Australia
Nimbin, Australia
Auckland, New Zealand
Helsinki, Finland
Copenhagen, Denmark
Stockholm, Sweden
São Paulo, Brazil

Harvey went on to say there are over 25 units going out in the second run, which will ship in late November. The company is now accepting orders for the third run, which will ship in the first quarter of 2014.

Have you used the Lamassu bitcoin ATM? What do you think of it?

Video source: BBC

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