“The machine is located at a Vancouver coffee shop called Waves Coffee and is owned by another Bitcoin startup called Bitcoiniac. Kelley says the start-up has purchased five machines from Robocoin for $20,000 each. Bitcoiniac plans to deploy its machine in Toronto, Montreal, London, and Berlin. A number of other cities, including Boston, Los Angeles, and San Francisco, are slated to get Robocoin machines in early 2014. The Vancouver machine charges a transaction fee between 3 to 5%, with the money split between Robocoin and Bitcoiniac. Since Robocoin launched, the price of Bitcoins on the Bitstamp exchange has increased from around $200 to more than $260 today.”
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