ChainCatcher news, according to Hong Kong Wen Wei Po, influenced by the surge in Bitcoin prices, the prices of Bitcoin mining machines in Huaqiangbei, Shenzhen have significantly increased.

The Antminer S21 335T is priced at $5,600 each (approximately 40,700 RMB), an increase of thirty percent compared to last year. Some high-performance models like the S21 XP water-cooled miner have already sold out on the official website, and the mining machine market is showing a supply-demand imbalance.

Buyers mainly come from places like Russia, the United States, and Canada, with some customers purchasing hundreds to thousands of mining machines at once. The low electricity prices in these regions, for example, only 0.37 RMB per kilowatt-hour in Canada and as low as 0.2 RMB in Russia, allow miners to have a larger profit margin. Industry insiders expect that the Bitcoin bull market is still in its early stages, and the prices of mining machines may further rise next year, with the market shortage situation becoming even more severe.