đ Bitcoin's price surge has sent mining equipment costs soaring! In Shenzhen's Huaqiangbei district, prices for devices like the Antminer S21 335T have jumped 30%, now at $5,600. Demand is skyrocketing, with buyers from Russia, the U.S., and Canada snapping up units. đ
Hong Kong plays a key role in this boom, serving as a major export hub for mining machines since China's 2021 ban. The recent spike in BTC mining difficulty highlights the intense global competition among miners.
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