The world’s largest producer of application-specific built-in circuit (ASIC) bitcoin miners, Bitmain Applied sciences, has revealed the corporate is providing a reduction on Antminer S19 Professional 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 had been 5 months in the past on March 28.
Bitmain Cuts S19 Professional Costs Right down to $19 per Terahash
Amid the crypto winter and the crypto economic system’s market capitalization hovering round $927.21 billion, Bitmain Applied sciences has determined to promote its Antminer S19 Professional mining rigs at a reduction. On the identical time, the value of bitcoin (BTC) is down 5.52% over the past seven days and is at the moment buying and selling for below $20K per unit. The cryptocurrency community’s mining issue 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 Professional particular low cost for less than $19/T,” Bitmain tweeted on Tuesday. “For bulk orders, please contact [a] Bitmain gross sales consultant immediately. Prospects who’ve already bought S19 Professional might be eligible for coupons,” the corporate added.
Bitmain’s 100 TH/s Expertise Is 80% Cheaper Than 5 Months In the past, Crypto Winter Highlights ASIC Purchases at a ‘Discounted Value’
Bitmain’s sale is lots cheaper than the Antiminer S19 Professional’s unique costs. On March 29, 2022, a buyer might buy an Antiminer S19j Professional with 104 TH/s for $9,984 per unit. The 100 TH/s S19, which produces a barely smaller hashrate than the S19j Professional, is 80.96% cheaper — at $1,900 per unit — than S19 costs 5 months in the past. Decrease costs could also be contributing to the huge enlargement from numerous 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 knowledge middle 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 alternatives” after it acquired 1,061 ASIC mining rigs at a “discounted value.”
What do you consider Bitmain dropping the value of the Antminer S19 Professional items this week? Tell us what you consider this topic within the feedback part beneath.
Picture Credit: Shutterstock, Pixabay, Wiki Commons, Bitmain
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