Currency Economy

The number of Bitcoin ATMs in the US rose 177% over the past year

Cryptocurrency (Mar 10, 2021 07:20AM ET) The number of Bitcoin ATMs in the US rose 177% over the past year

The number of Bitcoin ATMs in the US rose 177% over the past year

Since March 1, 2020, the number of new Bitcoin ATMs installed worldwide is nearing 10,000. According to the latest data from Coin ATM Radar, the current number of machines stands at 16,835, a strong 57.5% increase, or 9,683 new machines, as compared with 7,152 last year.

Back in Nov. 2020, Cointelegraph had reported a striking year-on-year increase of 80%. As previously, the vast majority of machines continue to be located in the United States, where 81% (13,699 out of 16,835 machines globally) are installed.

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