Coinsource completes bulk installation of 14 bitcoin ATMs in New York City, passes 100 total milestone
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Coinsource, the world's largest bitcoin ATM network, has reached the 100 machine milestone after a Q1 expansion in New York, which has now added 14 kiosks to the Empire State since January. Founded in 2015, Coinsource becomes the first bitcoin ATM company to pass the century mark, with a portfolio surging from 70 to 103 machines since the start of the year. The Fort Worth-based company now controls 36% of the market in America's most populated city, operating 30 of the 83 machines in the New York City area. "New York will always have a special place in our heart because it was the origin of our first successful bitcoin ATM, and we are proud to offer the lowest rates in this market. Bitcoin has been on a tremendous bull run this year too, up about 30%, so clientele is growing fast." The 14 machine bulk installation includes the first ever bitcoin ATM in the John F. Kennedy International Airport, the fifth busiest airport in the USA by passenger traffic. Outside of New York, Coinsource installed 3 more machines in the LA area this week, as well as one in New Jersey.
Bitcoin ATM in New York City – very sleek design. There are evidently several of these being installed at delis around the city. Compare it with the ordinary dollar ATM at the end. [x-post from /r/Bitcoin]
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