Another Bitcoin Record: Over 1000 Bitcoin ATMs Installed Globally

bitcoin atm

The US is the champion

There are now 1002 of them with the majority of these machines – 621 – located in the US followed by Canada. South Africa is the only country in Africa on the list with just one machine.

For the Bitcoin ATM manufacturers, Genesis Coin tops the list with its branded machines in 442 locations while Lamassu has 197 and General Bytes theirs in 159 locations.

The US figure didn’t come as a surprise as the country seems to be the next major market for Bitcoin in a couple of years. Several factors are working to its advantage. They include the economy, the currency, the population, higher disposable income and more importantly, events in China.

Read the full article at cointelegraph.com