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

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The world’s largest producer of application-specific integrated circuit (ASIC) bitcoin miners, Bitmain Technologies, has revealed that the company is offering a discount on the Antminer S19 Pro mining rigs. The 100 terahash per second (TH/s) machine is selling for $19 per terahash or $1,900 per unit. Antminer mining rigs are 80% cheaper than five months ago on March 28.

Bitmain slashes S19 Pro prices to $19 per terahash

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Amid the crypto winter and the market capitalization of the crypto economy hovering around $927.21 billion, Bitmain Technologies has decided to sell its Antminer S19 Pro mining rigs at a discount. At the same time, the price of bitcoin (B T c) is down 5.52% during the last seven days and is currently trading at less than $20K per unit. The mining difficulty of the cryptocurrency network is at an all-time high and the network’s hash rate stands at 223.73 exhash per second (EH/s) today.

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“Bitmain is Offering an Antminer S19 Pro Special Discount for Only $19/T,” Bitmain tweeted on Tuesday. “For bulk orders, please contact [a] Bitmain sales reps directly. Customers who have already purchased the S19 Pro will be eligible for the coupon,” the company said.

Bitmain’s 100 TH/s technology is 80% cheaper than 5 months ago, Crypto Winter highlights ASIC purchases at ‘discounted prices’

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Bitmain’s sales are much cheaper than the base prices of the Antiminer S19 Pro. On March 29, 2022, a customer can buy a Antminer S19j Pro 104 TH/s . with for $9,984 per unit. The 100 TH/s S19, which produces a slightly smaller hashrate than the S19j Pro, is 80.96% cheaper than the S19’s prices five months ago – at $1,900 per unit. The low price may have contributed to the massive expansion in recent days from multiple operations and bitcoin’s skyrocketing hash rate.

World's largest ASIC maker Bitmain slashes Antminer bitcoin mining rig prices
Current Bitmain Antminer S19 Pro prices as of September 21, 2022.

This week, Nasdaq-listed and Gwyneth Paltrow-backed terawolf (Nasdaq: wolf) revealed that its Lake Mariner mining data center now has 12,000 mining rigs operating at the facility and that a great deal of TeraWolf’s rigs are Antminer S19s. CleanSpark Inc. (Nasdaq: CLSK) also detailed that the crypto winter brought an “unprecedented opportunity” after acquiring 1,061 ASIC mining equipment at a “discounted price.”

What do you think of Bitmain slashing the price of Antminer S19 Pro units this week? Let us know what you think about this topic in the comment section below.

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