# Coinsource Completes Historic Bulk Installation on West Coast
Author:  Pal Sinha, Barnali 
Author URL: https://financedigest.com/author/pal-sinha-barnali
Published: 2017-03-15
Category: NEWS
Category URL: https://financedigest.com/category/news
Meta Title: Coinsource Bitcoin ATM Network Becomes Leading Operator in
Meta Description: Coinsource, the world’s largest bitcoin ATM network, now operates as the top bitcoin ATM operator in California with 35 machines. Installations across Northern
URL: https://financedigest.com/coinsource-completes-historic-bulk-installation-on-west-coasthtml

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_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](https://www.financedigest.com/uk-brings-train-operator-transpennine-under-temporary-state-control.html "UK brings train operator TransPennine under temporary state control").

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](https://www.financedigest.com/rishi-sunak-declared-next-leader-of-uk-conservative-party-to-become-next-pm.html "Rishi Sunak declared next leader of UK Conservative Party, to become next PM") 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](https://www.financedigest.com/vibratory-feeder-machine-market-2022-scope-of-current-and-future-industry-2029.html "Vibratory Feeder Machine Market 2022 | Scope of Current and Future Industry 2029"). 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](https://www.financedigest.com/biden-arrives-in-south-korea-for-talks-with-president-yoon.html "Biden arrives in South Korea for talks with President Yoon"), 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](https://www.financedigest.com/deburring-machine-market-2022-scope-of-current-and-future-industry-2031.html "Deburring Machine Market 2022 | Scope of Current and Future Industry 2031") spread throughout California, Louisiana, Missouri, Nevada, New Jersey, New York, Pennsylvania, Tennessee, and Texas.


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