Bitmain Applied sciences, the world’s largest producer of application-specific built-in circuit (ASIC) bitcoin miners, has revealed that the corporate is providing a reduction on Antminer S19 Professional mining rigs. The 100 terahash per second (TH/ s) sells for $19 per terahash or $1,900 per unit. Antminer mining rigs are 80% cheaper than 5 months in the past on March 28.
Bitmain drops S19 Professional costs to $19 per Terahash
Amidst the crypto winter and the market capitalization of the crypto financial system hovering round $927.21 billion, Bitmain Applied sciences has determined to promote its Antminer S19 Professional mining rigs at a reduction. On the similar time, the worth of bitcoin (BTC) has dropped by 5.52% during the last seven days and is at the moment buying and selling under $20,000 per unit. The cryptocurrency community’s mining problem is at an all-time excessive and the community’s hash fee is advancing right this moment at 223.73 exhash per second (EH/s).
“Bitmain presents a particular low cost of Antiminer S19 Professional for less than $19/T”, Bitmain tweeted on Tuesday. “For bulk orders, please contact [a] Bitmain gross sales consultant straight. Prospects who’ve already bought S19 Professional shall be eligible for coupons,” the corporate added.
Bitmain’s 100 TH/s Tech Is 80% Cheaper Than 5 Months In the past, Crypto Winter Highlights ASIC Purchases At “Discounted Value”
Bitmain’s sale is less expensive than the unique costs of the Antiminer S19 Professional. On March 29, 2022, a buyer might purchase an Antiminer S19j Professional with 104 TH/s for $9984 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 the S19 costs 5 months in the past. Decrease costs could also be contributing to the large growth of a lot of trades and the excessive hash fee of Bitcoin in current occasions.
This week, Nasdaq-listed Terawulf (Nasdaq: WULF), which is backed by Gwyneth Paltrow, revealed that its Lake Mariner mining knowledge middle now has 12,000 mining rigs operating on the facility and a big portion of the rigs from Terawulf are Antminer S19. 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 worth.”
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picture credit: Shutterstock, Pixabay, Wiki Commons, Bitmain
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