Running a Bitcoin ATM machine is a good business idea. However, you need to figure some core issues such as regulations in your city or state. In many jurisdictions you need to get special licenses like MSB or others in order to conduct such a business. The location of the ATM machine will also be critical to your success. the list of top 5 bitcoin ATM location types according to the stats we collect on the site: Restaurant/pizzeria, Cafe/coffeeshop/gelateria, BTC embassy / company office, Shopping mall, Supermarket / food store / Deli.