Bitmain has recently made significant price cuts on bitcoin mining machines such as S19 and S21.
According to Odaily, Bitmain has recently made significant reductions in the prices of bitcoin mining machines, with several S19/S21 series models now entering the "clearance sale" range.
Internal quotations show that the S19e XP Hydro and 3U S19 XP Hydro are as low as $3/TH/s, while the S19 XP+ Hydro is around $4/TH/s; the S21 immersion cooling machine is about $7/TH/s, and the S21+ Hydro is about $8/TH/s. Previously, the company launched a bundled plan for the S19 XP+ Hydro, which translates to about $4/TH/s, and in November, adopted an auction-based starting price of $5.5/TH/s for the S19k Pro.
Analysis indicates that, as network hashrate remains near historical highs while the price of bitcoin has declined, the price of hashrate is hovering near multi-year lows, increasing pressure on the mining industry. This environment is squeezing miners' profit margins and reducing demand for new equipment, especially for less efficient models, while also intensifying competition between ASIC mining machine manufacturers and second-hand market sellers. (TheMinerMag)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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