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

The world’s largest producer of application-specific integrated circuit (ASIC) bitcoin miners, Bitmain Technologies, has revealed the company is offering a discount on Antminer S19 Pro mining rigs. For $19/terahash, or $1900 per unit, the 100-terahash per minute (TH/s), machine sells for $19/terahash. Antminer mining equipment is now 80% less than it was five months earlier, on March 28th.

Bitmain Lowers S19 Professional Prices to $19 per Terahash

Amid the crypto winter and the crypto economy’s market capitalization hovering around $927.21 billion, Bitmain Technologies has decided to sell its Antminer S19 Pro mining rigs at a discount. Bitmain Technologies has decided to sell its Antminer S19 Pro mining rigs at a discount. The price of bitcoin (BTC), is now trading below $20K per unit. The cryptocurrency network’s mining difficulty is at an all-time high and the network’s hashrate is coasting along today at 223.73 exahash per second (EH/s).

“Bitmain is offering an Antiminer S19 Pro special discount for only $19/T,” Bitmain tweetedOn Tuesday. “For bulk orders, please contact [a]Contact Bitmain’s sales rep directly. Customers who have already purchased S19 Pro will be eligible for coupons,” the company added.

Bitmain’s 100 TH/s Technology Is 80% Cheaper Than 5 Months Ago, Crypto Winter Highlights ASIC Purchases at a ‘Discounted Price’

Bitmain’s sale is a lot cheaper than the Antiminer S19 Pro’s original prices. An Antiminer S19jPro having 104 TH/s could be purchased for $9,984 each unit on March 29th 2022. The 100 TH/s S19, which produces a slightly smaller hashrate than the S19j Pro, is 80.96% cheaper — at $1,900 per unit — than S19 prices five months ago. Lower prices may be contributing to the massive expansion from a number of operations and Bitcoin’s sky-high hashrate in recent times.

World’s Largest ASIC Producer Bitmain Slashes Antminer Bitcoin Mining Rig Prices
Prices for Bitmain Antminer Pro as of September 21st, 2022

This week, the Nasdaq-listed and Gwyneth Paltrow-backed Terawulf (Nasdaq: WULF) revealed its Lake Mariner mining data center now has 12,000 Mining Rigs operating at the facility and a great deal of Terawulf’s rigs are Antminer S19s. Cleanspark Inc. (Nasdaq: CLSK) has also detailed that the crypto winter has brought “unprecedented opportunities” after it acquired 1,061 ASIC mining rigs at a “discounted price.”

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How do you feel about Bitmain lowering the Antminer Pro unit price this week? Comment below and let us know how you feel about the subject.

Jamie Redman

Jamie Redman is the News Lead for News. He also lives in Florida and works as a journalist covering financial technology. Redman is an active participant in the cryptocurrency community from 2011. Redman is passionate about Bitcoin and open-source codes. Redman has contributed more than 6000 articles to News since September 2015. These articles are about disruptive protocols that are emerging.

Credits for the imageShutterstock. Pixabay. Wiki Commons. Bitmain

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