Bitcoin ATM Industry: A Look At The Numbers

What is the general state of the bitcoin ATM industry? CoinDesk takes a look at the data to decipher trends.

AccessTimeIconSep 25, 2015 at 3:07 p.m. UTC
Updated Sep 11, 2021 at 11:53 a.m. 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.

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