Australia ranks 3rd in crypto ATM installations after US and Canada
Australia now enjoys 234 crypto ATMs, which puts her in the third spot globally after the United States and Canada. Go to Source Powered by WPeMatico
Bookmarking Crypto Insights
Auto Added by WPeMatico
Australia now enjoys 234 crypto ATMs, which puts her in the third spot globally after the United States and Canada. Go to Source Powered by WPeMatico
Over the last six months, between July to the end of 2022, just 94 Bitcoin ATMs were added to the global network. Go to Source Powered by WPeMatico
El Salvador’s position as the fourth-largest crypto ATM hub was short-lived as Australia stepped up its game over the following months. Go to Source Powered by WPeMatico
Spain currently hosts 215 crypto ATMs, pushing El Salvador — home to 212 crypto ATMs — down to the fourth position after surpassing the country by 3 crypto ATMs. Go to Source Powered by WPeMatico
Data on net changes of crypto ATM installations confirm that, in September, 796 crypto ATMs were pulled off from the global network. Go to Source Powered by WPeMatico
With China out of the competition, the US picked up the slack to become the highest BTC hash rate contributor — representing 37.84% of the total mining power by Jan 2022. Go to Source Powered by WPeMatico
Halfway through 2022, the BTC ATM installation numbers dropped 89.75% by May, followed by a swift recovery in June. Go to Source Powered by WPeMatico
Over the past five months since January, Bitcoin ATM installations saw a gradual slowdown, eventually falling 89.75% from December 2021’s 1971 new installations. Go to Source Powered by WPeMatico
The evident reduction in the installations of crypto ATMs could result from the regulators’ hesitance to adopt the Bitcoin ecosystem. Go to Source Powered by WPeMatico
Following a successful Bitcoin ATM pilot by Europe’s largest electronics retailer, 12 new Bitcoin ATMs are coming to Austria’s MediaMarkt stores. Go to Source Powered by WPeMatico