Yet another Bitcoin ATM ?

[pdux]

Last days I've been considering the idea of buying some ATM machines to install close to tourist destinations here in Spain (where I live).

I believe that it can be very useful for travellers that don't want to pay high exchange fees in the airports or in the exchange shops. In order to start preparing the things for the summer season I've studied some terminals: Robocoin, Lamassu, LocalBitcoins.

Since the main idea is to withdraw bank notes out of bitcoins Lamassu and LocalBitcoins machine are not an option, cause they only allow the possibility to BUY bitcoins. Robocoin is beyond my budget and even if it was not, they have this fixed fee that makes it a bit expensive for "my future clients".

Investigating in bitcoinatmexplorer.com I saw a possible hidden player which is produced in Spain (what a coincidence) and can both perform BUYs and SELLs. It is called BTCPoint and in their website http://www.btcpoint.org it says that they come from a group of Asic manufacturers called MinerFactory.

I think the guys of BTCPoint didn't advertise so much or they came out recently cause none of the people I've talked to know about them. I asked some information in their website but I didn't get an answer yet. What they say in their site seems a pretty good deal and the price they advertise is acceptable to me (7500€ per unit).

What I'm afraid of is the that there are few references in the internet about BTCpoint. Do any of you know this guys/brand? Do you have detailed information of this machine? Have some ATMs been shipped already? are there some of them in place and where (if there are in Spain I could go see them personally) ?
http://btcpoint.org/wp-content/uploads/2014/02/BTCslider1.png
Is the ATM like this picture or this is only a render with a CAD program?

[CoinATMRadar]

Their prototype looks very similar to this picture. So I assume they have already manufactured the machine itself.
You can see on their site http://btcpoint.org/2014/03/02/btcpoint-bitcoin-atm-presentation/

I have added them a while back as manufacturer to my bitcoin ATM map site, but have not added any really functioning ATM yet, as have not seen any news on this.
I think they are at the very start, not sure they delivered any machines to customers, but probably would very soon.
So I would advise to approach them and you can share your findings later with community.

[pdux]

Interesting. Really nice website the ATM radar!

[Stalker1337]

Nice, it's seems to be really helpful in future when bitcoin gonna be more famous and acceptable in more places.

[Hippie Tech]

Hong Kong Company Launches City's First Bitcoin ATM.

http://youtu.be/r1rQAD-Iu5M

[gsmax27]

Good job, looks really good. I'd like to try it soon in barcelona

[Lauda]

The more the better. They aren't even that expensive.

[pdux]

Finally I got the answer from BTCPoint and their pricing model is pretty interesting. They reduce the price depending on how many units you want. Depending on the fee that you set the price goes up or down.

They also sent me a link to the profitability comparison they did with some of the competitors like Lamassu, Robocoin and Paymaq, who are them?

You can find the profitability and ROI study here: http://btcpoint.org/wp-content/uploads/2014/03/BTC_ATM_profitability_study.pdf

And the pricing schema here: http://we.tl/1FhWsAa4Nl