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 All the way down to $19 per Terahash
Amid the crypto winter and the crypto financial 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 worth of bitcoin (BTC) is down 5.52% over the last seven days and is at the moment 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 as we speak 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 straight. 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 Worth’
Bitmain’s sale is so much cheaper than the Antiminer S19 Professional’s unique 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 large 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 information middle now has 12,000 Mining Rigs working on the facility and a substantial 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.”
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Picture Credit: Shutterstock, Pixabay, Wiki Commons, Bitmain
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