The self-styled “Wal-Mart” of the bitcoin ATM market has arrived in Memphis. Texas-based Coinsource, which co-founder Bobby Sharp says has ambitions of being as pervasive as the world’s largest retailer, has set up one of its machines at the Shell gas station at 967 Linden Ave.
A Texas-based bitcoin ATM company has expanded into Tennessee, bringing one of its ATMs to Memphis.
(Daily News/Andy Meek)
The company this year has been installing bitcoin ATMs at a rate of a little more than a machine a week, in places like Memphis as well as Nashville.
Coinsource CEO Sheffield Clark said the company’s reach in the South is growing. It currently has 60 machines across eight states and sees