San Diego's First 2-Way Bitcoin ATM Opens
The San Diego County in South California is now home to its very first 2-way Bitcoin ATM machine. A new 2-way Bitcoin ATM – the first of its kind in San Diego County – was announced today by CoinStructive Inc., a Bitcoin marketplace consultant in partnership with CoinOutlet Inc., a U.S.-based hardware startup-centric to Bitcoin and manufacturer of this 2-Way Bitcoin ATM. CoinOutlet, also a Bitcoin-based startup, manufactures AML/KYC compliant Bitcoin kiosks that adhere to security standards similar to that of a fiat ATM machine. Fundamentally, the 2-way Bitcoin ATM provides a simple and....
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The two new ATMs brings up the number of ATMs operated by CoinSource to 19 in the United States. With an announcement, Bitcoin ATM network Coinsource has installed two more Bitcoin ATMs in San Diego County, in addition to one existing ATM. San Diego now sees three bitcoin ATMs active in the County operated by Coinsource. In a statement, Coinsource CEO and Co-founder Sheffield Clark said: When we installed our first bitcoin ATM in San Diego in October 2015, Coinsource promised that we would continue to scour the area for more locations. We’re thrilled to offer three secure, fully compliant....
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A new Bitcoin ATM was unveiled in Ocean Beach, San Diego on October 8 by the company Coinsource. Co-founder Travis Gough was on hand during the inaugural party, providing full demonstrations held by the company and local Bitcoin enthusiasts. The ATM has the standard 7% fees that usual teller machines have, but this one offers large purchasers reduced....
Imagine reporting to work and not receiving an actual physical paycheck. This situation isn't too weird for employees in a San Diego company that pays its workers in bitcoin. 3D printing company SD3D Printing in Miramar accepts bitcoin payments from its customers and uses the cryptocurrency to give salaries as well. These are stored in an online vault or bitcoin wallet, with transactions validated by a network of computers solving complex algorithms in a process known as bitcoin mining. Spending and Earning in Bitcoin. Another startup based in San Diego, Airbitz, also pays its staff in....
The Blockchain Agenda Conference hosted by Inside Bitcoins is coming to San Diego. The event will convene at the San Diego convention center with executives and innovators from across the globe who work with the technology. Leaders in the blockchain and cryptocurrency industry will provide keynotes and seminars for new users and enthusiasts to learn from their expertise. Guests featured in the California city will be Hans Lombardo of Allcoinsnews.com, Brennen Byrne of Clef, and David Ripley of Glidera. Bitcoinist got together with Brennen Byrne of GetClef one of the panel speakers at the....