Huaqiangbei Merchants: Bitcoin Mining Machine Prices Rise, Buyers Mainly from Russia, the US, and Canada

Affected by the soaring price of Bitcoin, the price of Bitcoin mining machines in Huaqiangbei, Shenzhen has increased significantly. The Antminer S21 335T is priced at $5,600 per unit (approximately 40,700 RMB), an increase of 30% compared to last year. Some high-performance models, such as the S21 XP water-cooled mining machine, are sold out on the official website, resulting in a supply-demand imbalance in the mining machine market. Buyers mainly come from regions such as Russia, the US, and Canada, with some customers purchasing hundreds to thousands of mining machines at once. The low electricity prices in these regions, such as only 0.37 RMB per kilowatt-hour in Canada, and even lower at 0.2 RMB in Russia, provide miners with a large profit margin. Industry insiders expect that the Bitcoin bull market is still in its early stages, and mining machine prices may further increase next year, with shortages in the market becoming more severe.#BTC再创新高 #比特币冲向11万？ #币安Alpha