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


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

The world’s producer of application-specific built-in circuit (ASIC) bitcoin miners, 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 have been 5 months in the past on March 28.

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

Cuts S19 Professional Costs Right down to $19 per Terahash

Amid the crypto winter and the crypto financial system’s market capitalization hovering round $927.21 billion, Applied sciences has determined to promote its Antminer S19 Professional mining rigs at a reduction. On the similar time, the value of bitcoin (BTC) is down 5.52% over the last seven days and is at present buying and selling for below $20Ok per unit. The cryptocurrency community’s mining problem is at an all-time excessive and the community’s hashrate is coasting alongside at this time at 223.73 exahash per second (EH/s).

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

“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 will probably be eligible for coupons,” the corporate added.

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

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 so much cheaper than the Antiminer S19 Professional’s authentic costs. On March 29, 2022, a buyer may 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 quite a few operations and Bitcoin’s sky-high hashrate in current instances.

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

Present Bitmain Antminer S19 Professional costs as of September 21, 2022.

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

This week, the Nasdaq-listed and Gwyneth Paltrow-backed Terawulf (Nasdaq: WULF) revealed its Lake Mariner mining information middle now has 12,000 Mining Rigs working on the facility and quite a lot 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.”

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

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$19 per terahash, 100 terahash, Antiminer S19j Professional, Antminer S19 Professional, Antminer S19 Professional items, antminers, ASIC machines, ASIC mining rigs, ASICs, Bitcoin, Bitcoin (BTC), Bitcoin hashrate, Bitcoin Mining Rigs, Bitmain, Bitmain Applied sciences, BTC Costs, Cleanspark, Crypto Winter, Hashpower, Hashrate, Terawulf

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Jamie Redman

Jamie Redman is the Information Lead at Bitcoin.com Information and a monetary tech journalist dwelling in Florida. Redman has been an lively member of the cryptocurrency neighborhood since 2011. He has a ardour for Bitcoin, open-source code, and decentralized purposes. Since September 2015, Redman has written greater than 6,000 articles for Bitcoin.com Information concerning the disruptive protocols rising at this time.

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