• Mar. 30, 2017, 1:28 pm

Coinsource adds 14 machines in California

Bitcoin ATM network Coinsource has added 14 machines in California, making it the state’s largest operator with 32 units.

So far Coinsource is adding 2.3 machines per week, double the 1.2 pace from 2016.

“In the past, we’ve seen a tremendous amount of success with our machines on the West Coast,” Coinsource cofounder and CEO Sheffield Clark said. “California is currently the most densely populated state with bitcoin ATM machines, and to become the leader in this market is a proud moment for our company.”

The Southern California machines are in San Marcos, San Diego (two), Santa Ana, Pacoima, and Los Angeles (three), while the Northern California locations are in Santa Clara, Sacramento, Daly City, Fremont, Hayward and Richmond. That gives Coinsource 96 machines across the country in California, Louisiana, Missouri, Nevada, New Jersey, New York, Pennsylvania, Tennessee and Texas.

“Whilst that is a milestone worth celebrating, what we’re most thrilled about is the industry as a whole,” Mr. Clark said. “Machines are popping up in countries like China, Russia, South Korea, Ireland, Mexico and France, so it’s great to know that accessibility to our generation’s hottest asset is increasing everyday.”

 

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