- California has 356 bitcoin ATMs/tellers, with Los Angeles having the most machines of any city in the U.S. at 257
- CIIX anticipates higher margins with its own bitcoin ATM network
- Company is already mining for cryptocurrency with ASIC machines and AntMiners at a data center near Seattle
- Company is currently planning its own ICO in second half of 2018 or 2019
ChineseInvestors.com, Inc. (OTCQB: CIIX) is planning to launch its own network of bitcoin ATMs in California and eventually expand it to Chinese-speaking audiences across the U.S. One goal is to achieve higher margins with its own network. It is looking at opening its initial machines in California, beginning with Los Angeles (http://nnw.fm/e3P3p). It has also retained the law firm CKR Law, LLP to assist in the effort.
CIIX offers a comprehensive suite of educational services focusing on virtual currencies. This includes its own website…
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