隨著加密貨幣熱情的復甦，比特幣 ATM 機將大幅成長

隨著即將到來的比特幣減半，預計全球比特幣 ATM 的安裝量將激增。 2023 年，加密 ATM 安裝量經歷了十年來首次年度下降，但 2024 年初出現了顯著上升，前幾個月安裝了 1,400 多台 ATM。 Bitcoin Depot 執行長 Brandon Mintz 預測，在比特幣最近的反彈以及減半後預期的 FOMO（害怕錯過）激增的推動下，整個 ATM 市場將出現反彈。儘管 ATM 數量增加，但 ATM 業者的數量卻有所減少，一些大型業者在 FTX 崩盤後倒閉。

Bitcoin ATMs: A Resounding Resurgence on the Horizon

比特幣 ATM 機：即將迎來徹底復興

Propelled by the imminent Bitcoin halving, the global landscape of Bitcoin ATMs is poised for an unprecedented surge in installations, signaling a resurgence of widespread crypto enthusiasm. Despite a challenging bear market in 2023, the industry has witnessed a remarkable turnaround in the early months of 2024, with over 1,469 crypto ATMs deployed, reversing the downward trend of over 3,000 ATM removals during the same period last year.

在即將到來的比特幣減半的推動下，全球比特幣 ATM 的安裝量將出現前所未有的激增，標誌著廣泛的加密貨幣熱情的復甦。儘管 2023 年面臨充滿挑戰的熊市，但該行業在 2024 年前幾個月出現了顯著轉變，部署了超過 1,469 台加密 ATM，扭轉了去年同期 3,000 多台 ATM 被拆除的下降趨勢。

Brandon Mintz, CEO of Bitcoin Depot, the leading Bitcoin ATM operator in North America, attributes this positive momentum to the renewed bullish sentiment surrounding Bitcoin (BTC), which has already surpassed its previous all-time highs twice in March. Drawing upon his experience in previous bull markets, Mintz anticipates a surge in crypto adoption, fueled by a "FOMO" (fear of missing out) frenzy.

北美領先的比特幣ATM 運營商Bitcoin Depot 的首席執行官布蘭登·明茨(Brandon Mintz) 將這一積極勢頭歸因於圍繞比特幣(BTC) 的新的看漲情緒，比特幣在3 月份已兩次超過之前的歷史高點。借鑒之前牛市的經驗，明茨預計，在「FOMO」（害怕錯過）的狂熱推動下，加密貨幣的採用將會激增。

"Adoption rates are significantly higher because more people are buying Bitcoin, and a portion of those are likely to use Bitcoin ATMs," Mintz told Cointelegraph.

「採用率明顯更高，因為越來越多的人購買比特幣，其中一部分可能會使用比特幣 ATM，」Mintz 告訴 Cointelegraph。

While Bitcoin ATM installations have rebounded in recent months, Mintz notes that the number of ATM operators has declined, with notable bankruptcies such as Coin Cloud, a former industry giant with over 5,000 ATMs.

儘管比特幣 ATM 安裝量近幾個月有所回升，但 Mintz 指出，ATM 營運商的數量有所下降，其中包括擁有 5,000 多台 ATM 的前行業巨頭 Coin Cloud 等破產案例。

"A lot more of them were struggling and went out of business than was reported publicly," he revealed.

「其中陷入困境並倒閉的企業比公開報道的要多得多，」他透露。

The decline accelerated following the collapse of crypto exchange FTX in November 2022, which sent shockwaves through the crypto market.

2022 年 11 月加密貨幣交易所 FTX 崩盤後，下跌加速，為加密貨幣市場帶來衝擊波。

Despite the headwinds of the past year, Bitcoin Depot reported a solid performance in its fourth quarter and full-year 2023 results, with annual revenue increasing 7% year-on-year to $689 million, although net income declined 54% to $1.6 million. The company has acquired 900 ATMs for deployment in the first quarter of 2024 and has applications for 940 ATMs to be installed in convenience stores across 24 U.S. states.

儘管過去一年遭遇逆風，Bitcoin Depot 在 2023 年第四季和全年業績中表現穩健，年收入同比增長 7% 至 6.89 億美元，儘管淨利潤下降 54% 至 160 萬美元。該公司已採購 900 台 ATM 機，將於 2024 年第一季部署，並已申請在美國 24 個州的便利商店安裝 940 台 ATM 機。

According to CoinATMRadar, Bitcoin Depot commands a dominant market share, with its closest rival, Coinflip, operating just over half as many ATMs (approximately 4,200), followed by Bitstop with over 2,500 ATMs.

根據 CoinATMRadar 的數據，Bitcoin Depot 佔據了主導市場份額，其最接近的競爭對手 Coinflip 運營的 ATM 數量略多於一半（約 4,200 台），其次是 Bitstop，擁有超過 2,500 台 ATM。

Location Bitcoin ETFs: A Distinct Market

地點 比特幣 ETF：一個獨特的市場

Despite the recent approval of location Bitcoin exchange-traded funds (ETFs) in the U.S., Mintz remains confident that Bitcoin ATMs will continue to serve a unique segment of the market.

儘管最近比特幣交易所交易基金（ETF）在美國獲得批准，但 Mintz 仍然相信比特幣 ATM 將繼續服務於獨特的市場領域。

"We view it as a very different customer base," he said.

「我們認為這是一個非常不同的客戶群，」他說。

"A significant portion of our customer base transacts primarily in cash or only in cash because they're underbanked or unbanked," he added.

他補充說：“我們的客戶群中有很大一部分主要以現金或僅以現金進行交易，因為他們的銀行帳戶不足或沒有銀行帳戶。”

In contrast, Bitcoin ETF investors are typically "higher-income individuals with brokerages and advisors."

相比之下，比特幣 ETF 投資者通常是「擁有經紀公司和顧問的高收入個人」。

Mintz believes that the ETF-driven rise in Bitcoin's value could ultimately benefit Bitcoin ATM operators, as increased adoption leads to higher utilization.

Mintz 認為，ETF 驅動的比特幣價值上漲最終可能有利於比特幣 ATM 營運商，因為採用率的提高會帶來更高的利用率。

"If adoption increases, we believe it likely translates to more utilization of Bitcoin ATMs. So in the grand scheme of things, I think it's much more positive to us and our market than it is in terms of impacting us in a negative way."

「如果採用率增加，我們相信這可能會轉化為比特幣ATM 機的更多使用。因此，從長遠來看，我認為這對我們和我們的市場來說比對我們產生負面影響要積極得多。”

Big Questions: The Future of Bitcoin ATMs

大問題：比特幣 ATM 的未來

As Bitcoin ATMs continue their resurgence, several key questions emerge:

隨著比特幣 ATM 機的不斷復興，出現了幾個關鍵問題：

• Sustained Growth: Can the recent rebound in ATM installations be sustained, or will it be hindered by market volatility or regulatory headwinds?
• Technological Advancements: How will emerging technologies, such as lightning networks and facial recognition, shape the future of Bitcoin ATMs?
• Expanding Use Cases: Will Bitcoin ATMs continue to primarily facilitate cash-based transactions, or will they evolve to offer a broader range of financial services?
• Increased Regulation: As the crypto industry matures, will Bitcoin ATMs face stricter regulatory oversight, potentially affecting their operations and profitability?
• Competition from Other Crypto Assets: Will the growing popularity of alternative cryptocurrencies, such as Ethereum and Litecoin, challenge Bitcoin's dominance in the ATM market?

As the dust settles from the bear market and Bitcoin's halving approaches, the industry looks forward with optimism, fueled by the conviction that Bitcoin ATMs will play a vital role in the mainstream adoption of digital currency.

持續成長：最近 ATM 安裝量的反彈能否持續，還是會受到市場波動或監管阻力的阻礙？技術進步：閃電網路和臉部辨識等新興技術將如何塑造比特幣 ATM 的未來？擴大使用案例：比特幣ATM 會繼續主要促進現金交易，還是會發展以提供更廣泛的金融服務？監管加強：隨著加密行業的成熟，比特幣ATM 是否會面臨更嚴格的監管，從而可能影響其運營和盈利能力來自其他加密資產的競爭：以太坊、萊特幣等替代加密貨幣的日益普及，是否會挑戰比特幣在ATM 市場的主導地位？隨著熊市塵埃落定，比特幣減半臨近，業界對未來充滿樂觀，相信比特幣ATM 將在數位貨幣的主流採用中發揮至關重要的作用。