Genesis Coin's First Satoshi1 Crypto Vending Machine Goes Live
The folks over at Genesis Coin have announced the launch of their new line of cryptocurrency vending machines, dubbed the Satoshi1. The machine went live this week at the Thirsty Camel Cafe in downtown Nanaimo in British Columbia, Canada. Up until now, Genesis Coin has been delivering a number of Genesis1 ATMs which have made their way around the world and provide an all-in-one solution for individuals looking to both by and sell multiple types of cryptocurrency. The Satoshi1 machine is designed to be a less-expensive solution for operators, coming in at $5,800 (compared to $14,500 for the....
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GenesisCoin is releasing its second-gen Bitcoin ATM. Priced at $7,500, at about half the price, the Satoshi1 offers one way Cash->Bitcoin, Cash->Litecoin, Cash->Dogecoin transactions. This machine has been specially designed to meet all international guidelines for AML/KYC with high grade network encryption, and it even features an optional fingerprint sensor to be required at the merchant's discretion. As well as its new Satoshi1 system, GenesisCoin offers another machine at $14,500 that offers two-way transactions from Cash<->Bitcoin, Cash<->Litecoin, Cash<->Dogecoin. What's so special....
MIT’s Media Lab unveiled a vending machine that accepts bitcoin with a quirky twist — it was stocked solely with Soylent. Soylent and Bitcoin? A picture of the vending machine was tweeted out by MIT’s own Ethan Zuckerman last night. In it, you can see the machine was mostly empty aside from a few bottles of Soylent. The vending machine even comes equipped with a QR code for people to conveniently scan. The machine first came to public attention sometime last year, as a few people tweeted about the possibility of MIT Lab getting a bitcoin-compatible vending machine. Speculation made its way....
A Cryptocurrency vending machine has been found at the Massachusetts Institute of Technology (MIT). Just recently MIT Media Lab’s Ethan Zuckerman tweeted to his followers about the campus’ machine, which accepts bitcoin and is stocked with nothing but Soylent meal replacement drinks. The Bitcoin-Friendly Vending Machine at MIT Media Lab. Previously, the....
As a part of a university project in 2012, student Max Albrecht designed a cryptocurrency vending machine that converted €1 coins into bitcoin. This low-tech version of a bitcoin ATM was built with a modest budget of €150 (around $200 at today's prices). Furthermore, it was created not as part of a tech, business or computing course, but as an art installation. To create his ATM, Albrecht bought a second-hand vending machine that cost him roughly €80 ($110). He printed out both private keys and links to individual online wallets, put the paper slips in small cardboard boxes, and put those....
Bitcoin Machine Turns One Year Old In New Hampshire, Symbolizing The Libertarian Free State Movement
A bitcoin vending machine in front of a store in Keene, N. H. turned a year old last week, drawing people from throughout the region, according to the Concord Monitor in Concord, N. H. The machine, which could be the only public bitcoin vending machine in New England, draws attention from its association with the libertarian Free State Movement. Ian Freeman, a member of the Free State Project who hosts a live talk show, says people drive up from Boston, Mass. and New York City since the machine is the only pubic bitcoin machine anywhere in New Hampshire, Massachusetts, Vermont, Maine or....