Share this article
Lamassu ships first bitcoin ATM
Lamassu has shipped its first bitcoin ATM, which is heading to Atlanta, Georgia.
By Emily Spaven
Updated Sep 10, 2021, 11:36 a.m. Published Oct 3, 2013, 9:30 a.m.
Make us preferred on Google
Lamassu has shipped its first bitcoin ATM, which allows users to insert cash and transfer it, in bitcoins, to their bitcoin wallet.
The company confirmed that the first machine has been shipped to a customer in Atlanta, Georgia.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Zach Harvey, CEO of Lamassu, told CoinDesk he is currently in Portugal overseeing production, assembly and export of the machines.
"It's an amazing feeling to go from a wooden box/Raspberry Pi prototype in February to shipping a hardened steel production model in October," he said, adding:
"That being said, this is still an on-going process, so we don't really have time to sit back and enjoy the feeling. We have 13 more machines to ship out next week."
Harvey explained the next two machines produced are going to the Crypto-Currency Conference in Atlanta and the Money2020 Conference in Las Vegas.
Next week, the company is shipping units out to a few undisclosed locations, plus:
Bratislava, Slovakia
Shanghai, China
Paris, France
Montreal, Canada
Sydney, Australia
Nimbin, Australia
Auckland, New Zealand
Helsinki, Finland
Copenhagen, Denmark
Stockholm, Sweden
São Paulo, Brazil
Harvey went on to say there are over 25 units going out in the second run, which will ship in late November. The company is now accepting orders for the third run, which will ship in the first quarter of 2014.
Have you used the Lamassu bitcoin ATM? What do you think of it?
Video source: BBC
More For You
Pudgy Penguins is building a multi-vertical consumer IP platform — combining phygital products, games, NFTs and PENGU to monetize culture at scale.
What to know:
Pudgy Penguins is emerging as one of the strongest NFT-native brands of this cycle, shifting from speculative “digital luxury goods” into a multi-vertical consumer IP platform. Its strategy is to acquire users through mainstream channels first; toys, retail partnerships and viral media, then onboard them into Web3 through games, NFTs and the PENGU token.
The ecosystem now spans phygital products (> $13M retail sales and >1M units sold), games and experiences (Pudgy Party surpassed 500k downloads in two weeks), and a widely distributed token (airdropped to 6M+ wallets). While the market is currently pricing Pudgy at a premium relative to traditional IP peers, sustained success depends on execution across retail expansion, gaming adoption and deeper token utility.
More For You
Gold in “extreme greed” sentiment as it adds the entire bitcoin market cap in one day
Bullion ripped past $5,500 and sentiment gauges hit “extreme greed,” while bitcoin stayed pinned below $90K — a split that’s getting harder to ignore.
What to know:
- Gold’s surge above $5,500 an ounce has taken on the feel of a crowded trade, with its notional value jumping about $1.6 trillion in a single day.
- Sentiment gauges such as JM Bullion’s Gold Fear & Greed Index are signaling extreme bullishness in precious metals, even as similar crypto indicators remain stuck in fear.
- Bitcoin is lagging despite the “hard assets” narrative, trading like a high-beta risk asset while investors seeking a store of value are favoring physical gold and silver over digital tokens.
Top Stories
