Chicago To Get New Bitcoin ATMs From RockItCoin
Chicago, Illinois now has 24 Bitcoin ATMs thanks to RockItCoin, a new company that decided to install four new BTMs in the area and they will be adding more in the near future. “RockItCoins goal is to become the largest player in the BitCoin Currency exchange space. In Chicago we will be installing 10-15 more machines”, said RockItCoins CEO Michael Dalesandro. He continues: “You provide us with a phone number and valid mailing address and we send you a validation code. Once you enter your validation code you have a choice to receive your Bitcoin into your digital wallet or use the printed....
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An ATM operator, RockItCoin, recently saw a need to improve its operations with more machines, In light of this, the company revealed that it has eventually acquired Tao Bitcoin. This includes all 56 machines of the company. Based on the transaction, there are nearly 1,900 units of RockItCoin operational machines spread across 44 states of […]
The transaction included 56 machines from Tao Bitcoin, a regional operator in the south of the United States. Bitcoin (BTC) ATM operator RockItCoin announced the acquisition of Tao Bitcoin on Oct. 25. Tao Bitcoin is a regional ATM operator with 56 machines, mostly located in the south of the United States.According to the company, the acquisition was part of the company’s strategy to find value and synergies among smaller and regional players in the Bitcoin ATM space. With the deal, the machines operated by RockItCoin came to almost 1,900 units across 44 U.S. states. The Bitcoin ATM....
So far, nearly eight dozen Bitcoin ATMs have had their screens bashed in with hammers and other blunt objects. It appears Bitcoin ATMs are being targeted by a group of hammer-wielding criminals. To be more precise, both the Detroit and Chicago areas have seen an increasing number of physical attacks against teller machines. It is unclear what the reason for this behavior is, although rumors suggest this may have to do with competing companies trying to remove the competition by sheer force. Although Bitcoin ATMs are more secure than bank counterparts, taking a hammer to it will still....
A group of Chicago entrepreneurs and investors have launched the city's first bitcoin and blockchain hub. Opening today at Chicago's 1871 - an entrepreneurial centre home to 325 early-stage digital startups - Chicago's Bitcoin Center will provide a co-working space, mentorship, public relations and government affairs services to blockchain-focused startups. Matthew Roszak, CEO of the Chicago Bitcoin Center and founding partner of VC firm Tally Capital, said in a statement:
Interested in becoming a bitcoin ATM operator? ATM Marketplace, an ATM industry resource, has released a 40-page guide on bitcoin ATMs that explores every aspect of the business opportunity. The report is titled, "Bitcoin ATMs 101: Opportunities for the IAD." IAD stands for independent ATM deployment. The guide, the first to examine the emerging cryptocurrency ATM market, notes bitcoin ATMs offer an efficient and secure way for people to buy and sell bitcoins. ATMs are an alternative to bitcoin exchanges that many believe are more susceptible to hacking and fraud. Bitcoin ATMs shoulder the....