Bitcoin Mining Crash: Bitmain Slashes Hardware Costs To Stay Afloat

Bitmain Slashes Bitcoin Mining Hardware Prices Up to 60% as Hashprice Pressures Mount - WorldNL Magazine

TLDR: Bitmain drops S19 hydro unit prices to $3/TH and S21 models to $7/TH in widespread discount push. Manufacturer bundles hosting at 5.5-7 cents/kWh across US, Kazakhstan, Brazil, Paraguay, Ethiopia. Price cuts reflect mining sector pressure from near-record hashrate combined with subdued Bitcoin prices. December promotions include S19 XP+ Hydro bundles at $4/TH with January 2026 delivery schedules. Bitmain has implemented substantial price …

Bitcoin Mining Giant Bitmain Cuts Prices on Mining Rigs

Bitmain, the largest producer of Bitcoin mining hardware, has begun offering unusually steep discounts across multiple generations of ASICs. Even some of its newest machines are now being sold at prices that would normally signal a deep industry downturn. Key Takeaways Bitmain has begun cutting prices on multiple generations of mining hardware. Even newer, high-efficiency ASICs are being sold at steep discounts. Mining profitability has fallen…

Bitcoin Mining Crash: Bitmain Slashes Hardware Costs To Stay Afloat

Based on reports from industry outlets and internal pricing lists, Bitmain has sharply reduced the asking prices for several of its Bitcoin ASIC models, a move tied to falling mining revenue and bloated inventory. The cuts place some high-end units near wholesale break-even levels for operators paying standard power rates. Following the April 2024 halving, which cut the Bitcoin block reward to 3.125 BTC, mining companies are increasingly adoptin…

Bitmain Cuts ASIC Prices Aggressively as Mining Economics Remain Under Strain Bitcoin News ETHNews

Bitmain is sharply lowering prices across a wide range of Bitcoin mining hardware, signaling growing stress in the ASIC market as miner profitability remains compressed. Recent promotions, bundled offers, and updated factory price lists indicate that both older S19 models and newer S21 machines are now being sold at levels that would have been considered distressed earlier in the cycle. The discounts emerged in late December as hashprice stayed …

Bitmain Slashes Bitcoin Mining Hardware Prices Up to 60% as Hashprice Pressures Mount

TLDR: Bitmain drops S19 hydro unit prices to $3/TH and S21 models to $7/TH in widespread discount push. Manufacturer bundles hosting at 5.5-7 cents/kWh across US, Kazakhstan, Brazil, Paraguay, Ethiopia. Price cuts reflect mining sector pressure from near-record hashrate combined with subdued Bitcoin prices. December promotions include S19 XP+ Hydro bundles at $4/TH with January 2026 delivery schedules. Bitmain has implemented substantial price …

Bitmain Advertises Steep Discounts on Hardware to Miners Amid Industry Rout - Invest In Crypto News

Bitmain, the largest manufacturer of application-specific integrated circuits (ASICs), the machines used to mine proof-of-work (PoW) cryptocurrencies, has reportedly slashed prices on several generations of mining hardware amid sector-wide turmoil for the mining industry. The company is offering bundle deals and discounts across the board, including on its S19 and S21 series machines that would have been considered “distressed sales” earlier in …