{"id":72283,"date":"2023-01-09T16:08:47","date_gmt":"2023-01-09T14:08:47","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=72283"},"modified":"2025-09-08T14:11:58","modified_gmt":"2025-09-08T11:11:58","slug":"bitcoin-atm-installations-slowed-sharply-in-the-second-half-of-2022","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/bitcoin-atm-installations-slowed-sharply-in-the-second-half-of-2022\/","title":{"rendered":"Bitcoin-ATM installations slowed sharply in the second half of 2022"},"content":{"rendered":"<p>In the second half of 2022, the number of cryptocurrency ATMs worldwide grew by only 94 units, versus 4,169 in January\u2013June. Data from <a href=\"https:\/\/coinatmradar.com\/charts\/growth\/\">Coin ATM Radar<\/a> show this.<\/p>\n<p>The lead in installed Bitcoin ATMs remains the United States \u2014 33,945 (88%). Canada is second with 2,652 units or 6.9% of the total. Spain is third with 275 (0.7%).<\/p>\n<p>By manufacturer, BitAccess leads with 11,852 ATMs (30.7%). Next come General Bytes (9,159, 24.3%) and Genesis Coin (8,616, 22.4%).<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"683\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/111-31-1024x683.png\" alt=\"111-31\" class=\"wp-image-194888\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/111-31-1024x683.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/111-31-300x200.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/111-31-768x512.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/111-31.png 1200w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption>Market distribution of the crypto-ATM market among manufacturers. Data: Coin ATM Radar.<\/figcaption><\/figure>\n<p>The leading Bitcoin-ATM operator is Bitcoin Depot \u2014 the firm operates 6,763 devices or 17.5% of the market. The top three also include Coin Cloud (4,827, 12.5%) and CoinFlip (3,958, 10.2%).<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"683\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/222-26-1024x683.png\" alt=\"222-26\" class=\"wp-image-194889\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/222-26-1024x683.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/222-26-300x200.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/222-26-768x512.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/222-26.png 1200w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption>Distribution of the crypto-ATM market among operators. Data: Coin ATM Radar.<\/figcaption><\/figure>\n<p>The slowdown in deployment of devices <a href=\"https:\/\/forklog.com\/en\/news\/global-bitcoin-atm-installations-slow-since-early-2022\">began<\/a> in January 2022.<\/p>\n<p>In the same month, Grand View Research <a href=\"https:\/\/forklog.com\/en\/news\/analysts-forecast-bitcoin-atm-market-to-reach-1-88-billion-by-2028\">predicted<\/a> growth of the crypto-ATM market to $1.88 billion by 2028.<\/p>\n<p>Read ForkLog&#8217;s Bitcoin news in our <a href=\"\/\/telegram.me\/forklog\" target=\"\u201c_blank\u201d\" rel=\"\u201cnofollow\u201d noopener\">Telegram<\/a> \u2014 cryptocurrency news, prices and analytics.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In the second half of 2022, the number of cryptocurrency ATMs worldwide grew by only 94 units, versus 4,169 in January\u2013June. Data from Coin ATM Radar show this.<\/p>\n","protected":false},"author":1,"featured_media":72284,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1189],"class_list":["post-72283","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cryptomats"],"aioseo_notices":[],"amp_enabled":true,"views":"13","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/72283","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=72283"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/72283\/revisions"}],"predecessor-version":[{"id":72285,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/72283\/revisions\/72285"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/72284"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=72283"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=72283"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=72283"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}