World's first bitcoin ATM turnover to exceed million Canadian dollars

[Guide] After 29 days of operation, the ATM machine handles 1576 transactions, and most customers choose to buy Bitcoin. Tencent Technology Mowgli November 28 compiled the world's first put into use Bitcoin (Bitcoin) ATM machine has been put into use for nearly one months. During these one months, the ATM handled 1576 transactions involving an amount of over 1 million Canadian dollars (about $944,000). This bitcoin ATM machine is made by a company named Robocoin in Las Vegas, Nevada, and belongs to Bitcoiniacs, a Bitcoin trading company headquartered in Vancouver. After 29 days of operation, the ATM handled 1576 transactions involving an amount of over 1 million Canadian dollars (about $944,000). It is noteworthy that more than 50% of the traders chose to buy Bitcoin instead of converting the bitcoin into Canadian dollars through the bitcoin ATM. Bitcoiniacs co-founder Michel De (Mitchell Demeter) set up a Bitcoin store in Vancouver a few months ago with his classmate, and plans to build more Bitcoin stores in all parts of Canada. When they heard about the Robocoin, they spent 90,000 of dollars to order 5 of the ATM machines. In addition to the one placed in Vancouver, the other 4 will be placed in Toronto, Montreal, Calgary and Ottawa. By scanning the palm of the user, the Bitcoin ATM machine allows the user to convert the Bitcoin into cash or reverse operation. Users can trade bitcoin worth 3000 of dollars a day. On the first day of operation, the bitcoin ATM completed 81 transactions involving an amount of $10,000. A week later, the ATM's turnover reached $81,000 trillion, more than Bitcoiniacs's target of 50,000 dollars for its first-month turnover. Bitcoin is an open source Peer-to-peer software generated by electronic money, digital currency, a network of virtual currency. Ching, a pseudonym, created Bitcoin in 2008. Since then, the virtual currency has become increasingly popular on the web. In a nutshell, Bitcoin is based on a set of cipher codes, generated by a complex algorithm, this rule is not interfered by any individual or organization, to be centralized; anyone can download and run a Bitcoin client and participate in the creation of Bitcoin; Bitcoin uses electronic signatures to realize circulation and to verify repetitive consumption through peer-to-peer distributed networks. Each bitcoin generation, consumption will be through Peer-to-peer distributed network Records and told the whole network, there is no possibility of forgery. Bitcoin exists only on the Internet, but it can be exchanged for traditional currencies such as Canadian dollar, dollar and euro, and is not controlled by any central bank, such as the Federal Reserve. At the beginning of the 2008, Bitcoin was almost worthless, with an average of 1 dollars to buy 1300 bitcoin. This Wednesday, a Bitcoin value has exceeded 1000 dollars. In other words, over the years, its price has risen more than 1 million times times, known as "historyThe fastest rising currency. "