Post
Topic
Board Bitcoin Discussion
Re: Memphis Residents Now Have Their First Bitcoin ATM
by
panju1
on 15/11/2016, 23:13:11 UTC
The city of Memphis will now have a Bitcoin ATM as the firm Coinsource installs three new machines in the state of Tennessee. The company is the largest Bitcoin ATM provider in the U.S. and has averaged over one installation per week in 2016.

https://news.bitcoin.com/memphis-first-bitcoin-atm/

One transaction per week is abysmally low, for any ATM. How can you cover the cost of the machine, rental costs, running costs, etc at this rate? Adoption needs to really spike before ATMs are viable.