Lamassu ships first bitcoin ATM

Lamassu has shipped its first bitcoin ATM, which allows users to insert cash and transfer it, in bitcoins, to their bitcoin wallet.

The company confirmed that the first machine has been shipped to a customer in Atlanta, Georgia.

Zach Harvey, CEO of Lamassu, told CoinDesk he is currently in Portugal overseeing production, assembly and export of the machines.

"It's an amazing feeling to go from a wooden box/Raspberry Pi prototype in February to shipping a hardened steel production model in October," he said, adding:

"That being said, this is still an on-going process, so we don't really have time to sit back and enjoy the feeling. We have 13 more machines to ship out next week."

Harvey explained the next two machines produced are going to the Crypto-Currency Conference in Atlanta and the Money2020 Conference in Las Vegas.

Next week, the company is shipping units out to a few undisclosed locations, plus:

Bratislava, Slovakia

Shanghai, China

Paris, France

Montreal, Canada

Sydney, Australia

Nimbin, Australia

Auckland, New Zealand

Helsinki, Finland

Copenhagen, Denmark

Stockholm, Sweden

São Paulo, Brazil

Harvey went on to say there are over 25 units going out in the second run, which will ship in late November. The company is now accepting orders for the third run, which will ship in the first quarter of 2014.

Have you used the Lamassu bitcoin ATM? What do you think of it?

Video source: BBC