Bitcoin Depot Resources

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

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 […]

The Economics of Bitcoin Mining

When we say “the economics of Bitcoin mining” what we’re really talking about is how much it costs to mine a single Bitcoin. However, it’s a lot more complicated than that. Let’s spend a few minutes learning why. Mining is the process of verifying transactions and adding them to the blockchain. The costs associated with […]

The Special Meeting - GSR II Meteora Acquisition Corp.

Join us for The Special Meeting on June 28, 2023 at 10:00 AM EDT Webcast Audio

What is Account Takeover Attack?

The term “account takeover” is about as ominous as it seems. It’s a looming threat that exists no matter who you are or what kind of account you have. When a hacker gains unauthorized access to your online account and the intent is malicious - that’s bad news. While the name of this attack is […]

GSR II Meteora Acquisition Corp. Announces Filing and Mailing of Definitive Proxy Statement and Special Meeting Date for Proposed Business Combination with Bitcoin Depot

Special meeting of GSR II Meteora Acquisition Corp. stockholders to approve the proposed business combination to be held on June 28, 2023 at 10:00 a.m. Eastern Daylight Time. NEW YORK June 20, 2023 – GSR II Meteora Acquisition Corp. (NASDAQ: GSRM) (“GSRM”), a special purpose acquisition company, and Lux Vending, LLC dba Bitcoin Depot (“Bitcoin […]

Types of Crypto Tokens and Coins

As today’s crypto market continues to expand, we see the introduction of new and inventive coins. Sometimes that’s a good thing, sometimes it’s not. Regardless, there are tens of thousands of cryptocurrencies out there. Of course, not all crypto is the same. There are many different types of crypto tokens and coins. We’re not going […]

Getting to Know CBDCs

CBDCs (Central Bank Digital Currencies) aren’t a new idea, but they are beginning to gain more traction in today’s online economy. Despite their popularity with central banks, many questions remain about these virtual currencies. If you want to learn more about CBDCs, keep reading as we tell you all about them. Getting to Know CBDCs […]