FreeKeeneNews - Keene's Bitcoin Vending Machine Celebrates One Year of Serving Community

Keene's Bitcoin Vending Machine Celebrates First Year of Operation

Keene Bitcoin Vending MachineOn November 5th, 2014, the Shire Free Church launched Shire Bitcoin Vending when we placed our first Bitcoin Vending Machine at 101 Deals thrift store in Keene at 661 Marlboro St.

In April of 2015, the Keene machine was upgraded to the Lamassu brand Bitcoin Vending Machine. Lamassu is based in the Shire and run be Free State Project early movers. The original unit, the Skyhook brand, is used for special events.

Now, I'm happy to announce we have passed the one year mark of having a publicly-accessible BVM operating in Keene!

Our customers range from young to old from all across the Northeast, because sadly, the Keene BVM is the only publicly accessible BVM (or ATM) in all of ME, NH, VT, MA, CT, RI, and Upstate NY. New York, the Empire State, has cracked down on the bitcoin industry there, resulting Albany and Buffalo losing their machines in 2015 and for some reason all the units listed on the Coin ATM Radar site for Boston are shut off or gone (at least that's what the customers who drive to Keene from Boston have told us.) Hopefully this will change, as not everyone is willing to drive for hours to purchase bitcoin.

It's important to note that the Keene Bitcoin Vending Machine is not an ATM, though many confuse the two terms. The machine vends bitcoins for cash. It does not do the reverse. The machine is stocked with bitcoin (click to see our wallet's status and all transactions) and sells from that stock. The BVM is not making buys on an exchange. Machines that do that have ridiculous identification requirements. Your bitcoin is your business and as a customer of the church, your privacy is respected. (While our machine does not require identification, there are security cameras monitoring the store premises.)

Come on out to the store and try the machine at 661 Marlboro Street (Route 101) in Keene, six days per week. Hours are Tuesday - Saturday 10a-6p and Sunday 11a-5p.