A lot of Bitcoin ATM machines are being installed all over the world. This year all along and the in relation to the same period last year, the installation of Bitcoin ATM devices has doubled.
A new report from Coinatmradar suggests that a new trend has attracted entrepreneurs to start installing Bitcoin ATM machines in prime location all around the world. This has been creating new opportunities while it has brought a lot of new people to the industry.
Currently, there are 119 bitcoin ATM machines running in the U.S. making it over 300 Bitcoin ATM devices scattered around the globe. But with the rising trend, by next year, the number may well be in the thousands. Promoters claim earning potential for machines providing the new bitcoin service is actually quite high.
The most well-known manufacturers of bitcoin ATM machines are BitAccess, BitXatm.com, Coin Outlet, General Bytes, Genesis Coin, Lamassu, Robocoin and Skyhook.
With Bitcoin ATMs, people are able to easily deal with Bitcoin alongside traditional money as an easy way of buying and selling bitcoin while generating additional revenue for the owners.
Transaction fees for buying and selling at bitcoin ATMs are about 6 percent. In addition, ATM operators can sell bitcoins at a higher