Bitcoin Depot Resources

Whether you’re a crypto newbie or a blockchain pioneer, we’ve got something for everyone.

Understanding the Bitcoin Lightning Network

The Bitcoin Lightning Network is a technological solution layer for Bitcoin that intends to solve slow transaction speeds associated with the Bitcoin network. It introduces off-chain transactions for faster processing speeds and also eliminates some of the costs associated with Bitcoin transactions. Bitcoin is a decentralized payment system that prevents a single source of authority […]

The Difference Between Bitcoin and Fiat Money

There are plenty of differences between Bitcoin and fiat money, but it may surprise you to know that there are some similarities, too. We thought it would be fun to take some time to review these parallels and differences and then discuss some interesting advantages to both that you may not have thought about yet. […]

Best Bitcoin and Blockchain Courses (Educational Resources)

The school of thought behind Bitcoin is constantly changing. Even for those totally immersed in the crypto world, keeping up with blockchain, Bitcoin, and the entire cryptocurrency ecosystem requires time that, frankly, none of us have. So for beginners, where do you even start? Crypto knowledge develops with time, which is why, as a beginner, […]

Best Bitcoin Podcasts

There’s a podcast for everything these days. If you’re trying to find ways to learn more about Bitcoin, but you love a good podcast, this list is for you. Perhaps the only spare time you have is on your commute, so you’re looking for something you can listen to. From beginners to enthusiasts, there’s a […]

Everyday Places to Spend Bitcoin

Is Bitcoin burning a (figurative) hole in your (digital) wallet? We have you covered! There are some major companies that now accept Bitcoin, and you may not even know it! These companies have a variety of reasons for accepting Bitcoin, from marketing strategies to setting themselves apart. They’re benefitting from being early adopters, and you […]

Demystifying Decentralized Finance

For those new to DeFi, it can be a confusing concept to understand. But don’t worry! We’re here to unveil the financial landscape that is decentralized finance and set you up for success. DeFi uses blockchain technology to support financial services with the need for a bank, an exchange, or the government. It provides a […]

Understanding Bitcoin Ordinals

Bitcoin ordinals are a way of naming Bitcoin blocks and transactions. They are based on the block height, which is the number of blocks that have been mined since the Genesis block. The first block has an ordinal of 0, the second block has an ordinal of 1, and so on. Transactions are also assigned […]

Bitcoin Depot and GSR II Meteora Acquisition Corp. Announce Closing of Business Combination

ATLANTA and NEW YORK, June 30, 2023 (GLOBE NEWSWIRE) -- Lux Vending, LLC dba Bitcoin Depot (“Bitcoin Depot” or the “Company”), a U.S.-based Bitcoin ATM operator and leading fintech company, and GSR II Meteora Acquisition Corp. (NASDAQ: GSRM) (“GSRM”), a special purpose acquisition company, today announced the successful closing of their previously announced business combination (the “Business Combination”). The […]

Crypto Market Capitalization and Why It Matters

Market capitalization is a term frequently used in traditional finance. It refers to the total value of a company and is a commonly reported statistic for those who are looking to raise money from venture capital funds or angels. To calculate the market capitalization of a company, all you need to do is multiply the […]