BLOG
We’ve Begun Operations in El Salvador!
We’re excited to announce to our community that we’re building out a LLC in El Salvador, are hiring a team, and exploring options to build El Salvador into the manufacturing hub for the Americas! I’m sure this is no surprise if you’ve been following along our Twitter...
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...
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...
Securing Your Future: Exploring the Wide World of Bitcoin Business Opportunities
Bitcoin has proven itself – despite ups and downs in the market, the cryptocurrency that started it all has shown that it has incredible staying power. It is also increasingly popular with both consumers and businesses. In fact, Bitcoin now forms the foundation of...
How to Start an ATM Business: What Aspiring Entrepreneurs Should Know
Looking for a lucrative business option? While there are many potential choices, from fast-food restaurants to gyms and everything in between, most of them require a significant commitment of time, money, and effort. That leaves little time for you to enjoy your life...
Meet the CHAINBYTES + 2 Way Bitcoin ATM
The ChainBytes team is excited to reveal our latest Bitcoin ATM: meet the CHAINBYTES + 2 Way Bitcoin ATM. A state of the art cryptocurrency ATM designed for easy compliance and fast ROI.
Venezuelan Government Launches State Backed Crypto Remittance Platform
After imposing new tax regulations on incoming remittances, the Venezuelan government launched its own remittance platform. However, the only supported currencies, besides the Venezuelan Bolivar (VES), are Bitcoin and Litecoin. Migrant workers abroad can send...
Canada Revenue Agency Research: Bitcoin ATMs Increase Store Traffic
Canada Revenue Agency Determined that Bitcoin ATMs Increase Store Traffic.
Bitcoin Transactions Reaching All Time Highs
The amount of confirmed Bitcoin transactions have been steadily rising, reaching levels that were only seen during the cryptocurrency craze of late 2017.
Chainbytes 2 Way Bitcoin ATM Installed in the Lehigh Valley Area
The Army & Navy Store, in Whitehall, a suburb of Allentown, Pennsylvania, is now home to a ChainBytes 2 way Bitcoin ATM. The kiosk allows users to instantly buy and sell Bitcoin, or fractions of it, the new form of currency that has the potential to revolutionize commerce and disrupt the payment industry.
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....
Sending Money Abroad? Consider Using a Bitcoin ATM
According to the World Bank remittances hit $613 billion in 2017 and this amount is expected to continue to increase. The costs associated with sending money abroad using traditional method have caused migrant workers and expats to turn to cryptocurrencies to send...
Buy the Perfect Gift Using a Bitcoin ATM
In a twitter poll by Bank of England the majority of voters picked crypto as the preferred method to receive a monetary gift; also, investment bank and asset management firm Piper Jaffray reported on their “Holiday 2018” consumer report that teens rather receive...
Bitcoin First Transaction 10th Anniversary
Ten years ago today, on January 12th, 2009, Satoshi Nakamoto sent Hal Finney 10 bitcoins as a test. It was the first Bitcoin transaction ever made. Today, more than 280,000 transactions per day are processed on the Bitcoin blockchain. Hal Finney was a respected...
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...
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...
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...