Coinsource Completes Historic Bulk Installation on West Coast

World’s largest bitcoin ATM network becomes leading operator in California with 35 machines.

Coinsource, the world’s leading bitcoin ATM network, has added 14 new machines in California this month, marking their largest ever multi-machine installation in any area. Last year, the bitcoin ATM giant was adding an average of 1.2 machines per week; now just two months into the new year, they are installing them at a rate of 2.3 machines per week. With the addition of 14 new machines across Northern (6) and Southern California (8), Coinsource becomes the state’s leading bitcoin ATM operator, with 32 machines active across the state. Coinsource now controls 30% of the Bitcoin ATM market in the Golden State.

CEO and Co-founder of Coinsource Sheffield Clark said, “In the past, we’ve seen a tremendous amount of success with our machines on the West Coast. California is currently the most densely populated state with bitcoin ATM machines, and to become the leader in this market is a proud moment for our company. The double-digit addition in the Golden State is testament to the team’s hard work and our loyal customers. A trend we stay atop of is the increased utility and adoption of bitcoin, and its extremely exciting to see its transition from niche to mainstream.”

Coinsource has added 8 new machines in Southern California, with 1 located in San Marcos, 2 in San Diego, 1 in Santa Ana, 1 in Pacoima, and 3 in Los Angeles area. In Northern California, Coinsource installed six new kiosks; one each in the cities of Santa Clara, Sacramento, Daly City, Fremont, Hayward, and Richmond.

“We are always looking for ripe new markets to expand into and are really excited about entering Q2 closing in on a total of 100 machines. Whilst that is a milestone worth celebrating, what we’re most thrilled about is the industry as a whole. Machines are popping up in countries like China, Russia, South Korea, Ireland, Mexico and France, so it’s great to know that accessibility to our generation’s hottest asset is increasing everyday,” Clark concluded.

The Coinsource bitcoin ATM network offers amongst the lowest of fees in the industry, with 96 machines across the country. Coinsource currently has machines spread throughout California, Louisiana, Missouri, Nevada, New Jersey, New York, Pennsylvania, Tennessee, and Texas.

For more information, please see the details below or visit www.coinsource.net.

New Coinsource ATM Locations:

RICHMOND:
LOCATION: Stop & Save Food & Gas, 2221 Cutting Blvd., Richmond, CA, 94804
HOURS OF OPERATION: Mon-Thu: 5:00 am – 11:00 pm, Fri: 5:00 am – 12:00 am, Sat: 6:00 am – 12:00 am, Sun: 7:00 am – 11:00 pm
ATM TYPE: GenesisCoin One-Way

FREMONT:
LOCATION: Peralta Discount Liquors, 3850 Peralta Blvd., Fremont, CA, 94536
HOURS OF OPERATION:Sun-Thu: 9:00 am – 10:00 pm, Fri-Sat: 9:00 am – 11:00 pm
ATM TYPE: GenesisCoin One-Way

SACRAMENTO:
LOCATION: Gold Petro Star Gas & Food, 2399 Florin Rd., Sacramento, CA, 95822
HOURS OF OPERATION: Mon-Sat: 6:00 am – 11:00 pm, Sun: 6:00 am – 10:00 pm
ATM TYPE: GenesisCoin One-Way

DALY CITY:
LOCATION: Mid City Market & Liquor, 6718 Mission St., Daly City, 94014, CA
HOURS OF OPERATION: Mon-Sat: 7:30 am – 11:00 pm
ATM TYPE: GenesisCoin One-Way

HAYWARD
LOCATION: Shamrock Liquor, 396 Winton, Hayward, CA 94544
HOURS OF OPERATION: Mon-Sun: 9:00 am -11:00 pm
ATM TYPE: GenesisCoin One-Way

SANTA CLARA:
LOCATION: Bob’s Discount Liquor, 3585 Benton St., Santa Clara, CA, 95051
HOURS OF OPERATION: Mon-Sun: 7:30 am – 11:30 pm
ATM TYPE: GenesisCoin One-Way

WOODLAND HILLS
LOCATION: Woodland Hills Gas Mart, 22455 Ventura Blvd., Woodland Hills, CA 91364
HOURS OF OPERATION: Mon-Sun 6:00 am- 11:00 pm
ATM TYPE: GenesisCoin One-Way

LOS ANGELES
LOCATION: Gil’s Grocer Mart, 10815 Figguroa St., Los Angeles, CA 90061
HOURS OF OPERATION: Sun- Thurs: 7:00 am -10:00 pm, Fri- Sat 7:00 am – 11:00 pm
ATM TYPE: GenesisCoin One-Way

LOCATION: People’s Family Mart, 4709 S. Broadway, Los Angeles, CA 90037
HOURS OF OPERATION: Mon-Sun 8:00 am -10:00 pm
ATM TYPE: GenesisCoin One-Way

PACOIMA
LOCATION: Pacoima Gas, 13570 Van Nuys Blvd., Pacoima, CA 91331
HOURS OF OPERATION: Mon-Sun 24/7
ATM TYPE: GenesisCoin One-Way

SANTA ANA
LOCATION: Adolfo’s Liquor, 2734 N. Bristol St., Santa Ana, CA 92706
HOURS OF OPERATION: Sun-Thu: 8:00 am – 1:00 am, Fri-Sat: 8:00 am – 2:00 am
ATM TYPE: GenesisCoin One-Way

SAN MARCOS
LOCATION: Naz Liquor, 1450 W. Mission Rd., San Marcos, CA 92069
HOURS OF OPERATION: Mon-Sun 8:00 am -10:00 pm
ATM TYPE: GenesisCoin One-Way

SAN DIEGO
LOCATION: Circle K, 404 Telegraph Canyon Rd. San Diego CA. 91910
HOURS OF OPERATION: Mon-Sun 24/7
ATM TYPE: GenesisCoin One-Way

LOCATION: 3154 El Cajon Blvd. San Diego, CA 92104
HOURS OF OPERATION: Mon-Sun 24/7
ATM TYPE: GenesisCoin One-Way

Disclosure: Coinsource is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

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