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Bitmain significantly reduces Bitcoin mining machine prices due to high network computing power and weak coin prices
Summary: According to reports from TheMinerMag, Bitmain has recently significantly reduced the prices of Bitcoin mining machines, with multiple S19/S21 series models entering the selling price range. Internal pricing shows that S19e XP Hydro, 3U S19 XP Hydro are as low as $3/TH/s, S19 XP+ Hydro around $4/TH/s; S21 immersion machines around $7/TH/s, S21+ Hydro around ...
According to reports from TheMinerMag, Bitmain has recently significantly reduced the prices of Bitcoin mining machines, with multiple S19/S21 series models entering the selling price range.
Internal pricing shows that S19e XP Hydro, 3U S19 XP Hydro are as low as $3/TH/s, S19 XP+ Hydro around $4/TH/s; S21 immersion machines around $7/TH/s, S21+ Hydro around $8/TH/s. Previously, the company introduced the S19 XP+ Hydro bundled package, equivalent to around $4/TH/s, and in November started the auction-style sale of S19k Pro starting at $5.5/TH/s.
Analysis indicates that with network computing power remaining close to historical highs while Bitcoin prices have fallen, computing power prices are hovering near multi-year lows, increasing pressure on the mining industry. This environment squeezes miners' profit margins, reduces demand for new equipment, especially for inefficient models, and intensifies competition between ASIC mining machine manufacturers and the second-hand market sellers.
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Link: Bitmain significantly reduces Bitcoin mining machine prices due to high network computing power and weak coin prices [Copy]
