16 Oct '13, 4pm

Startup begins shipping Bitcoin ATMs

Startup begins shipping Bitcoin ATMs

1 Copy URL to this point A technology startup called Lamassu has developed a Bitcoin ATM that takes "most major currencies," converts these currencies into Bitcoin, and then deposits the money into a Bitcoin wallet. The company has so far received 40 orders for the ATM, which costs $5,000. 2 Copy URL to this point Source: www.lamassu.is Lamassu expects to ship 14 of the Bitcoin ATMs by the end of the third week of October, company CEO Zach Harvey told Circa via email on Oct. 16. The company will ship a second wave of ATMs in November. Owners of the ATM are free to set their own rates to use the machine. 3 Copy URL to this point A different company, BitcoinATM, said it would release a Bitcoin ATM in the spring of 2013, though the project's highest profile backer, StockHouse.com founder Jeff Berwick, pulled out of the project in May. The ATM does not appear to have been wide...

Full article: http://cir.ca/news/bitcoin-atms-are-coming

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