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:
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:
Auckland, New Zealand
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
The leader in news and information on cryptocurrency, digital assets and the future of money, 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. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.
Learn more about Consensus 2023, CoinDesk’s longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.