The high network computing power combined with weak cryptocurrency prices has led Bitmain to significantly reduce the prices of Bitcoin mining machines

According to market news, Bitmain has recently significantly reduced the prices of Bitcoin mining machines, with several models from the S19/S21 series entering the "dumping price" range.

Internal quotes show that the S19e XP Hydro and 3U S19 XP Hydro are as low as $3/TH/s, while the S19 XP+ Hydro is about $4/TH/s; the S21 immersion machine is around $7/TH/s, and the S21+ Hydro is about $8/TH/s. Previously, the company launched a bundled offer for the S19 XP+ Hydro, which was calculated at approximately $4/TH/s, and in November, the starting auction price for the S19k Pro was set at $5.5/TH/s. Analysts point out that due to the network hash rate remaining close to historical highs, while the price of Bitcoin has declined, the hash rate prices are hovering near multi-year lows, increasing pressure on the mining industry. This environment has squeezed miners' profit margins, reducing demand for new equipment, especially for inefficient models, while also intensifying competition between ASIC mining machine manufacturers and second-hand market sellers.