March 28, 2024

Bitmain lowers the price of Antminer

Bitmain lowers the price of Antminer

Bitmain is forced to cut the price of its flagship Antminer S19 Pro by 20%.

Increased repression againstmining centers in China led to massive sales of equipment on the secondary market and the relocation of companies to more favorable jurisdictions – USA or Canada.

Because of this, the demand for new ASICs and the price of used miners have fallen. Against this background, Bitmain is forced to reduce prices. 

Companies that paid Bitmain an advance for a minimum order of 1,000 ASICs have filed claims for a refund of the price difference or a full refund of the advance. Bitmain has denied a refund.

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