Monthly Archives: December 2017

Bitcoin Depot ATM

Bitcoin ATM Market Dynamics September — November 2017

Previous similar review was about August. Filling the gap of 3 months in this post we cover what are the main changes in bitcoin ATM statistics over last 3 months: September — November.
There was a drastic change of bitcoin price over this time, it grew from $4912 in beginning of September to $10884 at the beginning of December (more than 2x growth).

Bitcoin price Sep - Nov 2017
Bitcoin Price End of November 2017, source: blockchain.info

Demand for buying cryptocurrency supported the installations of new machines and new operators entering the market. Here are general figures for 3 months:

Period Start: 1514, Period End: 1890
Opened: 519, Closed: 143, Net Growth: +376 (+24.8% or 7.6% per month)

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