What is Bitcoin mining? Simply put, Bitcoin mining is the process of using computers to discover, confirm, and add Bitcoin digital transaction records to the public ledger, or blockchain. Miners receive a small portion of Bitcoin for each transaction they add to the blockchain, as an incentive to mine, since it takes specialized computer hardware, […]
How many Bitcoins exist? It’s not unlimited! There are only 21 million Bitcoins that WILL ever exist, and this cap is predicted to be reached by around 2140. The inventor(s) of Bitcoin (pseudonym Satoshi Nakamoto) set this limit in order to establish scarcity, which increases value. Read more about why only a limited number of […]
What is a Bitcoin Worth? The price of Bitcoin fluctuates with trading activity and changes from day to day, hour by hour. In basic economic terms, value is determined by scarcity, utility, supply, and demand. When something is useful, or has utility, and is in rare supply (has scarcity), and people want to buy it, […]
Check out our quick video where MICA (our Mobile Interactive Coinsource Assistant) explains how to use cash to buy Bitcoin at one of our Bitcoin ATMs. You can subscribe to our YouTube channel here!
Largest National Bitcoin ATM Network launches 17 Additional Machines in the Sunshine State MIAMI, FL – August 7, 2018 – Coinsource, the world’s largest Bitcoin ATM operator, has added 17 new machines in Florida, surpassing the 200 machine milestone. With five machines already in Jacksonville, the network is expanding within the state to meet increasing […]
MICA explains how easy it is to get started with Coinsource so you can buy and sell Bitcoin at any of our Bitcoin ATMs. Follow us on Vimeo!
Local Bitcoin Executives announced as winners of the Ernst and Young 2018 Entrepreneur of the Year Award
Coinsource’s CEO Sheffield Clark and CMO Bobby Sharp are announced as Entrepreneur’s of the Year for 2018 Fort Worth, TX, June 27, 2018 — For the first time ever, leaders of a Bitcoin company have been selected as the winners of the Southwest 2018 Entrepreneur of the Year award in the FinTech category. Coinsource CEO […]
The World’s Largest Bitcoin ATM Network, Coinsource Nears 200 Machines with Latest Installment in the Nation’s Capital
While Capitol Hill takes a closer look at this emerging asset class, Coinsource enters the D.C. market Washington, D.C. – March 27, 2018 – Coinsource, the world’s largest Bitcoin ATM network, today announced its first expansion into the Nation’s capital. Coinsource will install 20 machines across the District of Columbia and Maryland after receiving significant […]