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Many operators and investors ask themselves how much profitable is to run a bitcoin ATM network. Most of them end up making some statistics of average daily operations, ATM fees, fixed cost, variable cost of operation. In this article we compare some ATM brands: Robocoin, Lamassu, BTCPoint and Paymaq and compare the Fees, ATM cost, Daily revenue, and ROI. The following chart expresses when the …
To answer that question the best is to explain the SELL process: Extra safety for SELL operations Optionally the operator can activate the extra security option. In the step 4 the machine can be configured so that a PIN code is inserted. This PIN code is then required later on in step 6. This is made in case a camera would record …
How is BTCPoint secured against double-spends in SELL operations? Read More »
With BTCPoint the operator can chose to work in 2 buying modes. The first mode is to FIX the price. 190 different bank note types accepted (USD, EUR, JPY, GBP, etc…) The second mode is live price. In the step 2. the price is not fixed. The price is updated live. The price is gotten from the exchange …
Last Thursday, BTCPoint Bitcoin ATM machine was presented in Barcelona, in front of a whide audience. The attendance were able to interact with the ATM machine, see it’s capabilities, and purchase some Bitcoins. Lots of questions were asked. For example: Does the ATM accepts other cryptocurrencies? It supports Qt-client based cryptocurrencies. The operator must provide …
