World’s Largest ASIC Producer Bitmain Slashes Antminer Bitcoin Mining Rig Prices

2 years ago
World’s Largest ASIC Producer Bitmain Slashes Antminer Bitcoin Mining Rig Prices

The world’s largest shaper of application-specific integrated circuit (ASIC) bitcoin miners, Bitmain Technologies, has revealed the institution is offering a discount connected Antminer S19 Pro mining rigs. The 100 terahash per 2nd (TH/s) instrumentality is selling for $19 per terahash oregon $1,900 per unit. The Antminer mining rigs are 80% cheaper than they were 5 months agone connected March 28.

Bitmain Cuts S19 Pro Prices Down to $19 per Terahash

Amid the crypto wintertime and the crypto economy’s marketplace capitalization hovering astir $927.21 billion, Bitmain Technologies has decided to merchantability its Antminer S19 Pro mining rigs astatine a discount. At the aforesaid time, the terms of bitcoin (BTC) is down 5.52% during the past 7 days and is presently trading for nether $20K per unit. The cryptocurrency network’s mining trouble is astatine an all-time precocious and the network’s hashrate is coasting on contiguous astatine 223.73 exahash per 2nd (EH/s).

“Bitmain is offering an Antiminer S19 Pro peculiar discount for lone $19/T,” Bitmain tweeted connected Tuesday. “For bulk orders, delight interaction [a] Bitmain income typical directly. Customers who person already purchased S19 Pro volition beryllium eligible for coupons,” the institution added.

Bitmain’s 100 TH/s Technology Is 80% Cheaper Than 5 Months Ago, Crypto Winter Highlights ASIC Purchases astatine a ‘Discounted Price’

Bitmain’s merchantability is simply a batch cheaper than the Antiminer S19 Pro’s archetypal prices. On March 29, 2022, a lawsuit could acquisition an Antiminer S19j Pro with 104 TH/s for $9,984 per unit. The 100 TH/s S19, which produces a somewhat smaller hashrate than the S19j Pro, is 80.96% cheaper — astatine $1,900 per portion — than S19 prices 5 months ago. Lower prices whitethorn beryllium contributing to the monolithic enlargement from a fig of operations and Bitcoin’s sky-high hashrate successful caller times.

This week, the Nasdaq-listed and Gwyneth Paltrow-backed Terawulf (Nasdaq: WULF) revealed its Lake Mariner mining information halfway present has 12,000 Mining Rigs operating astatine the installation and a large woody of Terawulf’s rigs are Antminer S19s. Cleanspark Inc. (Nasdaq: CLSK) has besides elaborate that the crypto wintertime has brought “unprecedented opportunities” aft it acquired 1,061 ASIC mining rigs astatine a “discounted price.”

What bash you deliberation astir Bitmain dropping the terms of the Antminer S19 Pro units this week? Let america cognize what you deliberation astir this taxable successful the comments conception below.

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