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

The world’s largest producer of application-specific built-in circuit (ASIC) bitcoin miners, Bitmain Technologies, has revealed the corporate is providing a reduction on Antminer S19 Pro mining rigs. The 100 terahash per second (TH/s) machine is promoting for $19 per terahash or $1,900 per unit. The Antminer mining rigs are 80% cheaper than they have been 5 months in the past on March 28.

Bitmain Cuts S19 Pro Prices Down to $19 per Terahash

Amid the crypto winter and the crypto economic system’s market capitalization hovering round $927.21 billion, Bitmain Technologies has determined to promote its Antminer S19 Pro mining rigs at a reduction. At the identical time, the worth of bitcoin (BTC) is down 5.52% over the past seven days and is at present buying and selling for below $20K per unit. The cryptocurrency community’s mining problem is at an all-time excessive and the community’s hashrate is coasting alongside in the present day at 223.73 exahash per second (EH/s).

“Bitmain is providing an Antiminer S19 Pro particular low cost for under $19/T,” Bitmain tweeted on Tuesday. “For bulk orders, please contact [a] Bitmain gross sales consultant instantly. Customers who’ve already bought S19 Pro will probably be eligible for coupons,” the corporate added.

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

Bitmain’s sale is loads cheaper than the Antiminer S19 Pro’s authentic costs. On March 29, 2022, a buyer might buy an Antiminer S19j Pro with 104 TH/s for $9,984 per unit. The 100 TH/s S19, which produces a barely smaller hashrate than the S19j Pro, is 80.96% cheaper — at $1,900 per unit — than S19 costs 5 months in the past. Lower costs could also be contributing to the large enlargement from a lot of operations and Bitcoin’s sky-high hashrate in current instances.

This week, the Nasdaq-listed and Gwyneth Paltrow-backed Terawulf (Nasdaq: WULF) revealed its Lake Mariner mining information heart now has 12,000 Mining Rigs working on the facility and an excessive amount of Terawulf’s rigs are Antminer S19s. Cleanspark Inc. (Nasdaq: CLSK) has additionally detailed that the crypto winter has introduced “unprecedented opportunities” after it acquired 1,061 ASIC mining rigs at a “discounted worth.”

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