During the period of July to December 2022, only a meager number of 94 Bitcoin ATMs were added to the worldwide network. The number of ATMs added during the first half of the year was quite low, with only 4,169 ATMs added.
The United States possesses the largest portion of Bitcoin hash rate contribution and ATMs, but Frankfurt, Germany is the city with the greatest accessibility to Bitcoin nodes.
These machines, which are an essential part of the Bitcoin system, run on a proof-of-work consensus and validate and broadcast transactions on the blockchain. Of the 43,706 nodes hosted across 134 countries, America has the most at 9,999 (30.53%). Frankfurt has the highest number of IPv4/IPv6 Bitcoin nodes of all cities, with 652 (2%) remaining active. Ashburn, US is second with 517 (1.58%) nodes.
Approximately 5,865 Bitcoin nodes have not been assigned to any particular location. The top 10 cities with the most Bitcoin nodes include Helsinki, Toronto, London, Amsterdam, Moscow, Tokyo, Dublin and Nuremberg. These nodes are spread across 5,773 cities and around 60% of them use IPv4, 14% use IPv6, and more than 25% are .onion.
The Bitcoin ATM network has been unimpressive for the past 6 months, with only 94 ATMs being added from July to Dec 2022, and 4,169 added in the first six months of the year.