Bitcoin ATM Industry: A Look At The Numbers

FEATURE
Yessi Bello Perez
Sep 25, 2015 at 16:07 UTC

Mike Tyson made headlines earlier today after he unveiled his first branded bitcoin ATM in Las Vegas.

Although he is just the latest celebrity to speak out in favour of the digital currency, the ex-heavyweight champion of the world's decision to lend his image to a bitcoin hardware ATM first sent shockwaves across the crypto world when it was announced in July.

Celebrity endorsements aside, what do we know about the general state of the bitcoin ATM industry? Are the number of machines being installed in decline? Which country hosts the most number of machines? CoinDesk has looked at CoinATMRadar data in an attempt to decipher industry trends.

Bitcoin image via Shutterstock.

The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.

Data AnalysisGeneral BytesBitcoin ATMs

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