Lamassu Publishes Map of Over 120 Bitcoin ATM Orders Worldwide
Lamassu has received more than 120 orders for its Bitcoin ATMs in the first four months after launch, and has set up a map of locations.
The map shows the regions where Lamassu is shipping its machines, which allow users to purchase bitcoins by inserting cash. Though the machines are often described as Bitcoin ATMs, they do not dispense cash.
Most of the buyers are in Finland, Slovakia, Australia, North America, Europe and Central Asia. The current orders should be fulfilled by the second quarter of 2014, the company says in a Dec. 30 press release.
"We will be shipping to 25 different countries, ranging from Canada to Kyrgyzstan, and we've translated our user interface into more than a dozen languages including Russian, Chinese and Friulian," says Zach Harvey, Lamassu's CEO, in the release. "To me, it's a testament to the global reach of Bitcoin."
The machines, which cost $5,000, went on sale in August. The process of purchasing bitcoins at a Lamassu machine takes about 15 seconds.
Other companies that provide Bitcoin ATMs include RoboCoin, which has deployed an ATM at a Bitcoin store in Vancouver.