According to Hong Kong Wen Wei Po, affected by the surge in Bitcoin prices, the price of #Bitcoin mining machines in Shenzhen Huaqiangbei has risen sharply. The Antminer #S21 335T is priced at US$5,600 (approximately RMB 40,700) per unit, an increase of 30% from last year. Some high-performance models such as the S21 XP hydro-cooled mining machine have been sold out on the official website, and the mining machine market is in short supply.

Buyers mainly come from Russia, the United States, Canada and other places, and some of them purchase hundreds to thousands of mining machines at a time. The low electricity prices in these regions, such as only 0.37 yuan per kilowatt hour in Canada and as low as 0.2 yuan in Russia, give #miners greater profit margins.