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New Bitcoin ATM opens in Scranton, Pennsylvania

New Bitcoin ATM opens in Scranton, Pennsylvania

An new Bitcoin ATM kiosk is now available in Scranton, Pennsylvania, located at the Valley Supermarket, address 940 Jefferson Ave, Scranton, PA. 18510 The Bitcoin ATM is located at the front of the store to the left of the entrance and is available 7 days a week. The...

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How do Bitcoin ATM wallets work?

How do Bitcoin ATM wallets work?

If you’re thinking about starting a Bitcoin ATM business or wish to purchase a couple ATMs for your store, it’s important to understand the different types of Bitcoin ATM wallets.             Hot wallet vs cold wallet?                If you’re new to the world of...

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Popular Ways to Gift Bitcoin and Cryptocurrency

Popular Ways to Gift Bitcoin and Cryptocurrency

People often ask if there are any ways to gift Bitcoin and cryptocurrencies as a gift. Below are several popular methods to give the gift of crypto this holiday season.     Mobile Services.  Companies like Venmo and PayPal have recently added features to their...

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Gift Bitcoin this Holiday Season using a Bitcoin ATM!

Gift Bitcoin this Holiday Season using a Bitcoin ATM!

Gift Bitcoin this holiday season! Send your loved ones a Bitcoin paper wallet loaded with crypto! This is a great way to give Bitcoin to first time holders or to those who already love and use Bitcoin.   The BTC can be purchased at a Bitcoin ATM and sent to an address...

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Gift Bitcoin this Holiday Season using a Bitcoin ATM!

Gift Bitcoin this Holiday Season using a Bitcoin ATM!

Gift Bitcoin this holiday season! Send your loved ones a Bitcoin paper wallet loaded with crypto! This is a great way to give Bitcoin to first time holders or to those who already love and use Bitcoin.   The BTC can be purchased at a Bitcoin ATM and sent to an address...

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New Bitcoin ATM opens in Whitehall, Pennsylvania

New Bitcoin ATM opens in Whitehall, Pennsylvania

A new Bitcoin ATM kiosk is now available at Allentown Pennsylvania, located at Army and Navy store, address 1045 Grape St, Whitehall, PA 18052. The Bitcoin ATM is located near the registers and is available 7 days a week. The kiosk is servicing Whitehall, Allentown,...

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How much does a Bitcoin ATM cost?

How much does a Bitcoin ATM cost?

Bitcoin ATMs are fast becoming one of the most convenient ways to buy and sell Bitcoin and other cryptocurrencies in the U.S. But how much does it really cost to buy and set up a Bitcoin ATM? What is the average Bitcoin ATM price? And how much is too much?  Different...

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Why 1 BTC = 1 BTC

Why 1 BTC = 1 BTC

According to Bitcoin’s founder Satoshi Nakamoto, there are only 21 million Bitcoins (BTC) available to be mined in total. Some of these coins have already been lost due to forgotten passwords or misplaced private keys. But even lost coins remain part of the total...

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Bitcoin Smart Contracts

Bitcoin Smart Contracts

Smart contracts are now bringing benefits to Bitcoin users through enhanced functionalities. This opens the door to new features on the Bitcoin blockchain that are similar to Ethereum's decentralized applications.           With blockchain, users can pay one another...

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Bitcoin ATM for my business

Bitcoin ATM for my business

One of the biggest opportunities in cryptocurrency right now is hosting or operating Bitcoin ATM machines. To get involved, businesses have the choiceto either provide space at their location as hosts or to become Bitcoin ATM operators themselves. Whichever path you...

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Cryptocurrency ATM – A Great New Opportunity!

Cryptocurrency ATM – A Great New Opportunity!

Cryptocurrency, led by Bitcoin, is gaining momentum for further adoption in the finance world. This adoption is offering new opportunities such as Bitcoin ATMs and Cryptocurrency ATMs. A cryptocurrency ATM allows users to trade digital assets for fiat money and vice...

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Cryptocurrency ATM – A Great New Opportunity!

Cryptocurrency ATM – A Great New Opportunity!

Cryptocurrency, led by Bitcoin, is gaining momentum for further adoption in the finance world. This adoption is offering new opportunities such as Bitcoin ATMs and Cryptocurrency ATMs. A cryptocurrency ATM allows users to trade digital assets for fiat money and vice...

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Bitcoin ATM Operators and How To Become One!

Bitcoin ATM Operators and How To Become One!

Cryptocurrency adoption is booming right now. As this trend continues upwards, new opportunities are available for people to get involved. One of these includes operating a Bitcoin ATM business.                                        The growing demand for bitcoin and...

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Careers in Blockchain, Bitcoin, and Crypto  

Careers in Blockchain, Bitcoin, and Crypto  

As the interest in cryptocurrency grows, so does the ever expanding cryptocurrency job market. In 2021, crypto and blockchain jobs have grown by 600%. This industry is disrupting the traditional finance industry and creating new jobs within that field. It’s also...

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Chainbytes 2 Way Bitcoin ATM Installed in the Lehigh Valley Area

Chainbytes 2 Way Bitcoin ATM Installed in the Lehigh Valley Area

The Army & Navy Store, in Whitehall, a suburb of Allentown, Pennsylvania, is now home to a ChainBytes 2 way Bitcoin ATM. The kiosk allows users to instantly buy and sell Bitcoin, or fractions of it, the new form of currency that has the potential to revolutionize commerce and disrupt the payment industry.

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Fuel For Startups Episode 14

Fuel For Startups Episode 14

Our CEO, Eric Grill, was featured as a guest on Propellant Labs Incubator's podcast Fuel For Startups - Episode 14 hosted by Gene Swank where, together with other experts and investors, covered several topics concerning blockchain technology and cryptocurrencies....

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Sending Money Abroad? Consider Using a Bitcoin ATM

Sending Money Abroad? Consider Using a Bitcoin ATM

According to the World Bank remittances hit $613 billion in 2017 and this amount is expected to continue to increase. The costs associated with sending money abroad using traditional method have caused migrant workers and expats to turn to cryptocurrencies to send...

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Buy the Perfect Gift Using a Bitcoin ATM

Buy the Perfect Gift Using a Bitcoin ATM

In a twitter poll by Bank of England the majority of voters picked crypto as the preferred method to receive a monetary gift; also, investment bank and asset management firm Piper Jaffray reported on their “Holiday 2018” consumer report that teens rather receive...

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Bitcoin First Transaction 10th Anniversary

Bitcoin First Transaction 10th Anniversary

Ten years ago today, on January 12th, 2009, Satoshi Nakamoto sent Hal Finney 10 bitcoins as a test. It was the first Bitcoin transaction ever made. Today, more than 280,000 transactions per day are processed on the Bitcoin blockchain.   Hal Finney was a respected...

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Ethereum Constantinople Network Update

Ethereum Constantinople Network Update

The Ethereum community eagerly awaits the much anticipated Constantinople hard fork, or as Vitalik Buterin suggested recently on twitter, “network update”. According to ethereum.org’s blog, the update will implement 5 Ethereum Improvement Proposals (EIPs) to...

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First Bitcoin Tweet

First Bitcoin Tweet

Hal Finney was an Engineer who worked in the computer gaming and cyber security industry. He was a Cryptographic Activist and created the first reusable proof of work system before Bitcoin. On January 10, 2009 he posted the very first tweet about Bitcoin. Hal Finney...

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Genesis Block 10th Anniversary

Genesis Block 10th Anniversary

On January 3, 2019 the Bitcoin community celebrated the 10th anniversary of the genesis block. 10 years ago, in the middle of a global financial crisis, the first block of the Bitcoin blockchain was mined. Satoshi Nakamoto included in the blockchain a headline from...

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Altcoin Support

Altcoin Support

Altcoin SupportChainBytes ATMs now support altcoins BTC, ETH, LTC, PIVX and Dash. Operators can add more coins. Coin developers and altcoin support teams can now request a listing of new coins.  ATM Operators can request additional coin support by submitting a request...

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How to use a Bitcoin ATM

How to use a Bitcoin ATM

Bitcoin ATMs Bitcoin, the most popular cryptocurrency in the world, has become a widely accepted payment method. Even though, it has faced some setbacks it continues in the limelight. Moreover, various businesses ranging from small convenience stores to multinational...

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Benefits of Hosting Bitcoin ATMs

Benefits of Hosting Bitcoin ATMs

Information provided on this blog post is general in nature and does not represent financial advice. One of the easiest ways to buy and sell cryptocurrencies is using Bitcoin ATMs. They are similar to the traditional banking ATMs, easy to use and simplify the process...

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Bitcoin Divisibility: Satoshis & Units

Bitcoin’s divisibility is one of its many features. People that have never used cryptocurrencies before might think that they are required to purchase a whole Bitcoin to transact with the new form of currency; however, one Bitcoin is divisible into 100 million units and its smallest unit is called a Satoshi.

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Bitcoin ATMs: The Future of Cryptocurrencies

What is a Bitcoin ATM? Bitcoin, the world's most notorious cryptocurrency and blockchain technology are disrupting almost every industry around the world. A Bitcoin ATM is a kiosk, similar to the traditional banking automated teller machines, which allow users to...

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5 Ways You Can Load Your Bitcoin Wallet

If you’ve signed up for a bitcoin wallet, the next best step is to load it. Although a lot of people now own bitcoin wallets, there are still those who are at loss on how to load their bitcoin wallets while there are also people who only know of just one or two ways....

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Effective and Simple Ways to Secure Your Online Wallet

Effective and Simple Ways to Secure Your Online Wallet

With the widespread acceptance of bitcoin, it’s no wonder that most retail stores and establishment nowadays accept it as a form of payment. Along with the worldwide adoption of bitcoin came the need for it to be accessible at all times and at any location. This has...

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How 24/7 Bitcoin ATMs Added Convenience to People’s Lives

How 24/7 Bitcoin ATMs Added Convenience to People’s Lives

One of the biggest successes of the digital currency industry is bitcoin’s worldwide acceptance as a leading alternative payment system. Both people and business have adopted it and are now using it for all kinds of online and real-world purchases. After having seen...

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Why Bitcoin ATMs Give Better Deals Than Exchanges

Ever since the growth of bitcoin, exchanges have sprouted left and right. To date, it’s one of the most popular known ways to buy bitcoin. But what many people don’t know is that there’s a better way to bitcoins that will give you more value. If you’ve known someone...

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Advantages of adding Bitcoin ATM to your ATM business

A BTM or a Bitcoin ATM is a machine that allows people to buy or sell Bitcoins with Fiat. The first BTM in the world was installed in a coffee shop in downtown Vancouver, Canada. The United States got its first BTM in 2014 in a cigar bar in New Mexico. BTMs have been...

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Steps to start a Bitcoin / Blockchain business

Bitcoin, a product of revolutionary Blockchain technology, was invented by a person or a team under the pseudonym Satoshi Nakamoto. Bitcoin enables peer-to-peer payments without a bank or any central authority to authenticate it. The whole system is governed by code...

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