BLOG

How secure are Bitcoin ATMs?

How secure are Bitcoin ATMs?

In recent times, the spotlight has shone brightly on Bitcoin ATMs, with in-depth analyses delving into their profitability and operational capacities. These machines represent not just a technological innovation but a new reality in the financial landscape and...

read more
Join ChainBytes at ATMIA Conference 2024

Join ChainBytes at ATMIA Conference 2024

 The annual ATMIA conference will take place in Las Vegas on February 14-16. Get ready to embark on an exhilarating journey into the heart of the automated banking industry at the highly anticipated ATMIA (ATM Industry Association) Conference 2024! This annual event...

read more
Are Bitcoin ATMs Profitable?

Are Bitcoin ATMs Profitable?

Right now, Bitcoin (BTC) and cryptocurrency adoption is increasing. The total market cap of digital assets hit an all-time high of $2 trillion dollars in 2021. This growth created a demand for new services to help promote the adoption of digital currency. One of...

read more
The Coffee Blockchain Project

The Coffee Blockchain Project

The Coffee Project - El Salvador   In the past year, ChainBytes has been working with Lehigh Valley University on a socially responsible project implementing Blockchain technology to solve supply chain issues with coffee bean farming and fair pay for farm workers...

read more
How to get a Bitcoin ATM

How to get a Bitcoin ATM

Obtaining a Bitcoin ATM for your business might seem difficult at first as there are a lot of details to consider. Our quick five-step guide below will help you find, purchase, and get your machines up and running with ease! Five steps for, “How to get a Bitcoin ATM”:...

read more
ChainBytes at BlockChain Land

ChainBytes at BlockChain Land

Blockchain Land 2022   On October 5th-7th the biggest LATAM blockchain conference will take place in Monterrey Mexico. We are honored to present and be a part of the conference. On October 7th at 1pm our CEO Eric Grill will take the stage for a one-hour panel...

read more
How to Deploy a Bitcoin ATM

How to Deploy a Bitcoin ATM

  Installing a Bitcoin ATM doesn’t have to be a complex process. Many Bitcoin ATMs can be found in grocery stores, gas stations, food marts, liquor stores and more. The installation of this machine only takes a few minutes and is very easy to set up. Let's take a...

read more
Understanding Blockchain Technology

Understanding Blockchain Technology

Over the past years you have probably heard the term blockchain thrown around when talking about cryptocurrencies, like Bitcoin. However, a lot of people might still be scratching their heads about what exactly blockchain technology is, how it works, why it’s popular,...

read more
Five major benefits of NFTs

Five major benefits of NFTs

An NFT is a Non-Fungible Token which acts as a certificate of authenticity or a “deed” to a digital “collectable”, or other digital assets. Non-fungible means ‘irreplaceable’ since each token is unique. Uniqueness plus authenticity creates scarcity which, in turn,...

read more
How Bitcoin Mining Can Be Green

How Bitcoin Mining Can Be Green

Bitcoin is fast becoming a precious store of value for millions of people around the world. By design, bitcoin consumes a significant amount of electricity. This energy is consumed as a part of the process required to validate and add transactions to bitcoin’s...

read more
How To Use a Paper Wallet

How To Use a Paper Wallet

Right now, adoption of bitcoin and other cryptocurrencies around the world is booming. All transactions in this space require use of a crypto wallet, most of which are available online.   However, if you are completely new to bitcoin or using a Bitcoin ATM (BTM) for...

read more
5 Reasons to Host or Operate Bitcoin ATMs

5 Reasons to Host or Operate Bitcoin ATMs

Around the world, cryptocurrency adoption is booming. As this trend continues, more and more new opportunities are becoming available for people who want to get involved in the space.  Hosting or operating Bitcoin ATMs.                             What is a Bitcoin...

read more
How do Bitcoin ATM wallets work?

How do Bitcoin ATM wallets work?

If you’re thinking about starting a Bitcoin ATM business or wish to purchase a couple ATMs for your store, it’s important to understand the different types of Bitcoin ATM wallets.             Hot wallet vs cold wallet?                If you’re new to the world of...

read more
How much does a Bitcoin ATM cost?

How much does a Bitcoin ATM cost?

Bitcoin ATMs are fast becoming one of the most convenient ways to buy and sell Bitcoin and other cryptocurrencies in the U.S. But how much does it really cost to buy and set up a Bitcoin ATM? What is the average Bitcoin ATM price? And how much is too much?  Different...

read more
Why 1 BTC = 1 BTC

Why 1 BTC = 1 BTC

According to Bitcoin’s founder Satoshi Nakamoto, there are only 21 million Bitcoins (BTC) available to be mined in total. Some of these coins have already been lost due to forgotten passwords or misplaced private keys. But even lost coins remain part of the total...

read more
Bitcoin Smart Contracts

Bitcoin Smart Contracts

Smart contracts are now bringing benefits to Bitcoin users through enhanced functionalities. This opens the door to new features on the Bitcoin blockchain that are similar to Ethereum's decentralized applications.           With blockchain, users can pay one another...

read more
Bitcoin ATM for my business

Bitcoin ATM for my business

One of the biggest opportunities in cryptocurrency right now is hosting or operating Bitcoin ATM machines. To get involved, businesses have the choiceto either provide space at their location as hosts or to become Bitcoin ATM operators themselves. Whichever path you...

read more
Bitcoin ATM Operators and How To Become One!

Bitcoin ATM Operators and How To Become One!

Cryptocurrency adoption is booming right now. As this trend continues upwards, new opportunities are available for people to get involved. One of these includes operating a Bitcoin ATM business.                                        The growing demand for bitcoin and...

read more
How to start a Bitcoin ATM business

How to start a Bitcoin ATM business

As of 2021, there are 26 thousand Bitcoin ATM’s in the United States. That is more than double the amount we saw in 2020. It’s clear that the Bitcoin ATM industry is booming in America, and it will only grow larger as more people begin to invest in cryptocurrency. ...

read more
Why Cryptocurrency Jobs are Booming

Why Cryptocurrency Jobs are Booming

Why Cryptocurrency Jobs are Booming The cryptocurrency space is booming, leading to more jobs within the digital asset market. Right now, developers and experts, specifically in blockchain technology and decentralized finance or DeFi, are in demand. The current...

read more
Your Bitcoin ATM, Your Bitcoin

Your Bitcoin ATM, Your Bitcoin

Your Bitcoin ATM, Your Bitcoin Bitcoin is proving to be a valuable asset, as such, users must be made aware of the importance of fully holding Bitcoin in their custody. When users purchase and hold Bitcoins on exchanges, they do not actually have custody of it....

read more
How to purchase a Bitcoin ATM

How to purchase a Bitcoin ATM

How to purchase a Bitcoin ATM If you’re looking for a way to get your business involved in the crypto market easily, investing in a Bitcoin ATM now might be exactly what you’re looking for. And the best news? This article will tell you not only the benefits of such an...

read more
Bitcoin on an Exchange or in Your Wallet?

Bitcoin on an Exchange or in Your Wallet?

Information provided on this blog post is general in nature and does not represent financial or security advice. When it comes to holding your cryptocurrency like Bitcoin, the question is whether to keep it on a digital exchange (e.g. Binance, Gemini) or keep it in...

read more
ATMIA Las Vegas 2021 Recap

ATMIA Las Vegas 2021 Recap

We knew Bitcoin ATMs were buzzing in the US when our team showed up at the ATM Industry Association (ATMIA) Event in Las Vegas because it wasn't just the city making noise; it was Bitcoin. Our "dynamic duo" of a sales team, Keith Smith and Mike Salvi, showed up...

read more
Dogecoin on ChainBytes Bitcoin ATMs

Dogecoin on ChainBytes Bitcoin ATMs

We sent out a letter to all of our operators on the setup of adding cryptocurrencies to all ChainBytes machines, remotely. Now Dogecoin, the meme coin that turned into worldwide fandom, is more accessible to customers all over the US. Our team has some major Dogecoin...

read more
Why Use A Bitcoin ATM?

Why Use A Bitcoin ATM?

Author: Vincent Tabora We all use an ATM as a way to get cash when needed the most. Imagine not being able to get a late night snack from a food truck because they don’t accept a credit card. Even worse is when you are in a city abroad and they only accept cash for...

read more
Fuel For Startups Episode 14

Fuel For Startups Episode 14

Our CEO, Eric Grill, was featured as a guest on Propellant Labs Incubator's podcast Fuel For Startups - Episode 14 hosted by Gene Swank where, together with other experts and investors, covered several topics concerning blockchain technology and cryptocurrencies....

read more
Ethereum Constantinople Network Update

Ethereum Constantinople Network Update

The Ethereum community eagerly awaits the much anticipated Constantinople hard fork, or as Vitalik Buterin suggested recently on twitter, “network update”. According to ethereum.org’s blog, the update will implement 5 Ethereum Improvement Proposals (EIPs) to...

read more
First Bitcoin Tweet

First Bitcoin Tweet

Hal Finney was an Engineer who worked in the computer gaming and cyber security industry. He was a Cryptographic Activist and created the first reusable proof of work system before Bitcoin. On January 10, 2009 he posted the very first tweet about Bitcoin. Hal Finney...

read more
Genesis Block 10th Anniversary

Genesis Block 10th Anniversary

On January 3, 2019 the Bitcoin community celebrated the 10th anniversary of the genesis block. 10 years ago, in the middle of a global financial crisis, the first block of the Bitcoin blockchain was mined. Satoshi Nakamoto included in the blockchain a headline from...

read more
Altcoin Support

Altcoin Support

Altcoin SupportChainBytes ATMs now support altcoins BTC, ETH, LTC, PIVX and Dash. Operators can add more coins. Coin developers and altcoin support teams can now request a listing of new coins.  ATM Operators can request additional coin support by submitting a request...

read more
How to use a Bitcoin ATM

How to use a Bitcoin ATM

Bitcoin ATMs Bitcoin, the most popular cryptocurrency in the world, has become a widely accepted payment method. Even though, it has faced some setbacks it continues in the limelight. Moreover, various businesses ranging from small convenience stores to multinational...

read more
Benefits of Hosting Bitcoin ATMs

Benefits of Hosting Bitcoin ATMs

Information provided on this blog post is general in nature and does not represent financial advice. One of the easiest ways to buy and sell cryptocurrencies is using Bitcoin ATMs. They are similar to the traditional banking ATMs, easy to use and simplify the process...

read more

Bitcoin Divisibility: Satoshis & Units

Bitcoin’s divisibility is one of its many features. People that have never used cryptocurrencies before might think that they are required to purchase a whole Bitcoin to transact with the new form of currency; however, one Bitcoin is divisible into 100 million units and its smallest unit is called a Satoshi.

read more

Pin It on Pinterest