[2014-11-21] CD: Lamassu: Bitcoin ATM Owners Earning Up to $36,000 Per Year

[LiteCoinGuy]

Lamassu: Bitcoin ATM Owners Earning Up to $36,000 Per Year

Bitcoin ATM manufacturer Lamassu has released new data with the aim of illustrating how its core product is proving profitable for owners.

Lamassu has reported its bitcoin ATM operators now process an average of $20,000-worth of bitcoin each month, while units placed in prime locations receive as much as $40,000–$60,000 in monthly transactions.

https://www.coindesk.com/lamassu-bitcoin-atm-owners-earnings/

[Mr Tea]

I might have to invest in an atm now lol. Does it say how much the units themselves actually cost. I know there's some cheaper versions around for a few thousand dollars (I think).

[Sutters Mill]

Dang, I thought it'd take years to recoup costs just from fees but I guess not, though it does say prime locations so I imagine it'll be much less in quieter places like a coffeeshop or something that isn't in a major city. Still, nice to see them doing surprisingly well.