UPDATED: March 18, 2014, at 6:09 p.m.Clover Food Lab, a vegetarian and vegan restaurant chain located on Holyoke St., installed the first Bitcoin ATM in Harvard Square Monday morning.The ATM is the second that Liberty Teller, the same company that introduced an ATM to South Station last month, has constructed.“Our ultimate goal is to make Bitcoin accessible to people everywhere, and South Station was a huge start,” co-founder of Liberty Teller Chris Yim said.“But we had a lot of demand...for something in Cambridge.” Yim, who last month before installing it in Clover, said that Ayr Muir, CEO and founder of Clover Food Labs and fellow MIT graduate, was excited about the prospect of a Bitcoin ATM at his restaurant."[Yim]asked if we would help him out with a little experiment to see if a high-traffic, fast-food restaurant like ours would be a good site for one of the first Bitcoin ATMs in the country," Muir said in a statement to Boston Business Journal."We're giving it a go and we're excited to see what happens."The

Bitcoin ATM, which is smaller than a standard ATM and rests on a stand, allows customers to scan their Bitcoin wallet address—essentially their Bitcoin bank account—and convert their cash to Bitcoin.The ATM does not currently, however, allow customers to convert Bitcoin (BTC) to U.S.dollars.The introduction of the ATM comes after several meetups of Harvard’s Bitcoin Club, an informal group started by an alleged Harvard Business School alumnus who calls himself "John Harvard Bitcoin."The group convenes periodically to discuss virtual currency, and "John Harvard Bitcoin" offers attendees free Bitcoins and .Neither members of the club nor The Crimson have been able to confirm the self-described alumnus's identity.At the last meeting, attendants said they received around .03 BTC from "John Harvard Bitcoin," a figure that represents approximately $20 according to the $623 price of a single Bitcoin at press time.According to "John Harvard Bitcoin," the club will be holding a Bitcoin panel at HBS that will feature Yim on Mar.

24.Yim said that although he is still working out how he will balance his company’s time between South Station and Harvard Square, he is excited to attend the panel and help provide for the demand he sees for Bitcoin in the Square.“Whenever we are not at the machine or working on the locations...we will definitely try to go out to the [Harvard Bitcoin Club] meetups.It’s great to see all the interest,” he said.Follow him on twitter .Read more in Metro News Former Boston Mayor Thomas Menino Diagnosed With CancerIt was a bit of a surprise when a Bitcoin ATM that would allow anyone to deposit cash and have it converted to bitcoins showed up in an Albuquerque, N.M., cigar bar in February.Robocoin, a company that makes Bitcoin ATMs, had been sending reporters notices that they would be opening the first Bitcoin ATMs in Seattle and Austin, but Eric Stromberg and his venture, Enchanted Bitcoins, appeared to beat everyone else to the punch by several days.Crave's Amanda Kooser was among the first to make a deposit from dollars to bitcoin at an ATM in the United States.

The Lamassu ATM that Stromberg set up is a one-way affair, it changes cash to bitcoin, but not vice versa.But when I stopped in to that same Albuquerque cigar bar in late March to make my own deposit as I embarked on an experimental spring break trip funded entirely by Bitcoin, I found only, well...cigars.I was told by the bartender on duty that the Bitcoin ATM had recently been pulled out and was "probably on its way back to California."bitcoin gold bloombergShe wouldn't speculate on why and wasn't sure of the exact date it was removed.I've reached out to Stromberg of Enchanted Bitcoins to ask where his ATM has gone and will update this post when I hear back from him.bitcoin 2 mh/sIn February, Stromberg said that he opted to setup shop with his ATM in New Mexico because of the relative lack of regulations around currency distribution in the Land of Enchantment.moeda bitcoin brasil

In California, a six-figure bond is required to setup an ATM, a pretty significant barrier to entry for dealing in a currency that much of the population probably still doesn't understand.As for my Bitcoin spring break experiment -- it's not going so well.Not only has the ATM I planned to use gone MIA, so have the funds I tried to move to an anonymous Bitcoin-backed Visa debit card.bitcoin tower defenseMore on that later.litecoin inrPilots have a new way to outfox youbitcoin documentary chinaThe HashTank Having helped build some of the world’s largest and most efficient bitcoin mining facilities, Green Revolution Cooling introduces the #HashTank, a turnkey solution for bitcoin mining.ethereum token exchange

Bringing together the world’s most efficient mining hardware from Antminer and GRC’s industry leading immersion cooling technology.The modular mine is one of the most capital-light and energy-efficient solutions in the world.Here are some of the key features and benefits of the solution: More Hash for Your Cash The HashTank helps industrial scale miners achieve the lowest Total Cost of Operation (TCO) in the industry.bitcoin chennaiGiving you more ‘Hash for Your Cash!’bitcoin hardware profitabilityLow Upfront Cost The HashTank is one of the most cost-effective ways of starting a bitcoin mining business.Low-cost infrastructure that includes mining equipment, cooling, and power distribution, results in one of the lowest $/TH in the industry.Unmatched Efficiency GRC’s oil immersion cooling technology helps the HashTank deliver unmatched energy efficiency (PUE < 1.05).

Delivering close to 10 TH/s per kW in virtually any location on the planet, the HashTank is one of the most energy efficient bitcoin mines out there.Rapid Deployment The HashTank is a drag-and-drop solution that typically ships within 8-10 weeks of purchase (depending on miner availability) and can be installed on-site, in under a week.The pre-engineered system comes completely integrated with pretty much everything you need to start mining.Minimal Site Requirements The HashTank doesn’t require any additional power or cooling equipment such as a chiller unit, or transformers.All you need is network infrastructure, and hookups for power and water to start mining.Scalable The HashTank’s integrated and modular design helps you easily add capacity as and when needed.The containers can be stacked two high or placed right next to each other, as no air vents are required.Flexibility to Deploy in Any Environment GRC’s oil immersion cooling technology helps deliver unmatched energy efficiency (mPUE <1.05) in any climate!