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RE: Bitcoin 101 (part 3) — buying and selling at a bitcoin ATM
Great post! @thedamus, what's the economics and time-commitment of running a BTC ATM machine? I was thinking of getting into it as a side-gig.
About 12kcad for above machine — and a fuckload of back-end expertise and a BIG float...
And yes, lots of time too...
Hmm, I probably can raise the capital and float, but don't have the back-end expertise, nor a lot of time.... may need to find a local partner here, I suppose. The nearest to my home is 3.5 miles and only 9 machines in a 10 mile radius. Might have a good market here.
😎👍