Bitmain is forced to cut the price of its flagship Antminer S19 Pro by 20%.
Strengthening repression against mining centers in China led to massive sales of equipment in the secondary market and the move of companies to more favorable jurisdictions - the United States or Canada.
Because of this, the demand for new ASICs and the price of used miners fell. Against this background, Bitmain is forced to cut 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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