Categories
Uncategorized

Chinese Mining Exodus Leads to ASIC and GPU Second-Market Surplus and Lower Prices

Technology Manias – EᐯEᖇYTᕼIᑎG YOᑌ ᑎEEᗪ IᑎᗪEEᗪ

While bitcoin miners in China have been scrambling, second-hand markets offering cryptocurrency mining rigs from ASICs to GPUs have been exploding with an excess surplus. Additionally, the ASIC manufacturer Bitmain suspended machine sales on Wednesday, ceasing international spot deliveries. Official Crypto Mining Rig Dealers Are Either Sold-out or Suspending Deliveries, Second-Markets Explode With Mining Products and Low Prices per Hash Ever since the crackdown in Sichuan, the number of miners fleeing mainland China seems to have increased a great deal. Bitcoin’s overall hashrate has dropped below 100 exahash per second…

The post Chinese Mining Exodus Leads to ASIC and GPU Second-Market Surplus and Lower Prices appeared first on Technology Manias.

Leave a Reply

Your email address will not be published. Required fields are marked *