CoinSource, a Bitcoin ATM network in US, has just announced the instalment of two Bitcoin ATMs in two of America’s most highly populated states: California and Texas. The Bitcoin ATMs installed today are one-way GenesisCoin BTMs where customers can instantly purchase bitcoin in a convenient way. Both BTMs found their new homes today, December 16, 2015. The new Bitcoin ATM installed in Palo Alto, California is strategically located in the city’s technology district just two miles from Stanford University and four miles from Google’s headquarters, at the Barron Park Market at 3878 El Camino Real, otherwise known at State Route …

CoinOutlet, Inc. announced they have acquired the ATM network of LibertyTeller. LibertyTeller is the same company that, according to Cointelegraph and co-founder Chris Yim, won the controversial race to install the first Bitcoin Teller Machine (BTM) in the US one year ago on February 19, 2014. They also announced that they will hook the four acquired Lamassu machines to their existing platform through a new backend ecosystem that allows any existing BTM or traditional ATM to join their CoinOutlet network, regardless of the hardware platform of the machine. Eric Grill, CoinOutlet’s CEO, explains: “Integrating other hardware solutions into our backend …

Bitcoin ATMs are spreading around the world at an incredible speed. Manufacturers like Robocoin and Lamassu have already sold hundreds of their machines to international companies fond of cryptocurrencies. Brand new locations to place BTMs are being discovered on a daily basis, and believe it or not, local businesses are often more willing than notable corporations to go crypto. CoinOutlet Cracks the BTM Market with Two-Way, Affordable Models Recently launched this past August, CoinOutlet is hoping to crack the BTM market with its affordable machines. Eric Grill, CEO for CoinOutlet talked in an interview about his company and about his …