Looking to Team Up with Local Miners for Bitcoin ATM Operations

8 replies 185 views
maxgasSenior Member
Posts: 122 · Reputation: 908
#1Aug 11, 2025, 10:46 AM
I run a decent-sized Bitcoin ATM network in Georgia and I'm on the hunt for local miners to help provide a steady flow of Bitcoin for our machines. We can do regular buys every week or month. If you’re within a couple of states that would be great, but I'm open to going further if necessary. If you’re interested, hit me up here and we can chat more. Appreciate it!
6 Reply Quote Share
coin_sigmaLegendary
Posts: 1275 · Reputation: 5553
#2Aug 11, 2025, 12:15 PM
what are your rates for buying Bitcoin? Why don't you just buy BTC in exchanges? Did you try to contact pool operators? Maybe they can provide service in your Bitcoin ATM check this https://miningpoolstats.stream/bitcoin then contact them and maybe one of them can provide the exact service that you need. I don't think someone here will take this offer unless you offer higher than the current Bitcoin price. So if you want to buy BTC at the current price buying directly on exchanges is best than looking for miners here to provide BTC in your Bitcoin ATM.
6 Reply Quote Share
maxgasSenior Member
Posts: 122 · Reputation: 908
#3Aug 11, 2025, 02:30 PM
The rate is negotiable. The advantage of dealing with us is that you would have a consistent cash buyer and all the perks that come from private cash purchases which is appealing for some miners. The problem with using an exchange is that we need to be banked and banks aren't willing to onboard a bitcoin company like mine unless we do really high volume. As we are still a regional operator, we don't yet have the volume required to be banked and therefore be able to use an exchange. This is why we have typically sourced from miners and other ecosystem participants. However, we've outgrown our current sources and need to cultivate additional relationships.
2 Reply Quote Share
diamond_ledgerFull Member
Posts: 35 · Reputation: 295
#4Aug 13, 2025, 11:57 PM
Coinbase would be happy to onboard you. Chase would also be happy to be the middleman for your cash deposits before they land on the coinbase exchange (no matter the revenue for both) . And they are both FDIC insured. Do you have an LLC? Not having one at all complicates things and makes it look like your laundering money to small banks/ credit unions (even though you probably are not)   Majority of your "sovereign citizens" can't hide op sizes you are aiming for, You've entered new territory people with the BTC capitol you seek know you make %8-11 a sale and dont care about how much your paying vendors so if your pocketing 4-8% and trying to squeeze a little more profits for trades you are going to be hard pressed. good luck !
3 Reply Quote Share
maxgasSenior Member
Posts: 122 · Reputation: 908
#5Aug 14, 2025, 12:51 AM
I've been down those roads with most of the players that you are thinking about, including services that specialize in getting business like mine banked. I'm not going to get into details but the saga involves several closed accounts (Coinbase and Chase included) and outright rejections unless we do at least $1 mil/month in deposits. There is one specialty service that focuses on selling BTC to people in my position but they charge well above market rate and the cash must be mailed to them. It's just much easier to source from the community. It closes the ecosystem loop and eliminates a lot of intermediate processes, fees, and lag.
4 Reply Quote Share
coin_sigmaLegendary
Posts: 1275 · Reputation: 5553
#6Aug 14, 2025, 02:27 AM
Why not deal with someone here or do P2P if your purpose is clean Coins then buying BTC to P2P exchange or someone then uses a mixer can make your coins clean. There is someone here who accepts any payment methods except Paypal or go to P2P exchange like https://bisq.network/ it won't need any KYC or to be bank just to have a bitcoin if you want to make them clean after you buy those coins then use a mixer like Chipmixer or any other tumbler out there to have a clean Bitcoins that you can put in your ATM machines. But if your purpose is to receive new coins then the only option is to find someone or a company that mines BTC and I think only pool operators can provide such a thing. Or mine with yourself you can buy hashrate on some marketplaces to mine Bitcoin like Nicehash Marketplace or Mining Rig renatals I'm sure you can get new and clean BTC.
0 Reply Quote Share
diamond_ledgerFull Member
Posts: 35 · Reputation: 295
#7Aug 14, 2025, 04:20 AM
I've looked at it from your paradigm ,the final solution, its time to get into mining . (BitMax is right) Purchase bitcoins from exchanges and rent rigs from mrr. or use your cash capitol for to purchase a few miners locally.
4 Reply Quote Share
Posts: 1 · Reputation: 117
#8Aug 14, 2025, 04:54 AM
hello. I could not PM you because new accounts cannot message you (you can enable in settings) https://bitcointalk.org/index.php?action=profile;u=3458444;sa=pmprefs PM me if you'd like to discuss further. I am interested.
4 Reply Quote Share
maxgasSenior Member
Posts: 122 · Reputation: 908
#9Aug 14, 2025, 06:58 AM
Setting adjusted and message sent
6 Reply Quote Share

Related topics