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

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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 have 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 past seven days and is presently buying and selling for below $20K per unit. The cryptocurrency community’s mining issue is at an all-time excessive and the community’s hashrate is coasting alongside right this moment at 223.73 exahash per second (EH/s).

“Bitmain is providing an Antiminer S19 Professional particular low cost for under $19/T,” Bitmain tweeted on Tuesday. “For bulk orders, please contact [a] Bitmain gross sales consultant immediately. Clients who’ve already bought S19 Professional shall be eligible for coupons,” the corporate added.

Bitmain’s 100 TH/s Know-how Is 80% Cheaper Than 5 Months In the past, Crypto Winter Highlights ASIC Purchases at a ‘Discounted Worth’

Bitmain’s sale is lots cheaper than the Antiminer S19 Professional’s authentic costs. On March 29, 2022, a buyer might 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 huge enlargement from plenty of operations and Bitcoin’s sky-high hashrate in current occasions.

World’s Largest ASIC Producer Bitmain Slashes Antminer Bitcoin Mining Rig Prices
Present Bitmain Antminer S19 Professional costs as of September 21, 2022.

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 quite a lot 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 worth.”

Tags on this story

$19 per terahash, 100 terahash, Antiminer S19j Professional, Antminer S19 Professional, Antminer S19 Professional models, antminers, ASIC machines, ASIC mining rigs, ASICs, Bitcoin, Bitcoin (BTC), Bitcoin hashrate, Bitcoin Mining Rigs, Bitmain, Bitmain Applied sciences, BTC Costs, Cleanspark, Crypto Winter, Hashpower, Hashrate, Terawulf

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Jamie Redman

Jamie Redman is the Information Lead at Bitcoin.com Information and a monetary tech journalist residing in Florida. Redman has been an energetic member of the cryptocurrency neighborhood since 2011. He has a ardour for Bitcoin, open-source code, and decentralized purposes. Since September 2015, Redman has written greater than 6,000 articles for Bitcoin.com Information in regards to the disruptive protocols rising right this moment.

Picture Credit: Shutterstock, Pixabay, Wiki Commons, Bitmain

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