Bitmain Advertises Steep Discounts on Hardware to Miners Amid Industry Rout
Bitmain is offering significant discounts on ASIC mining hardware due to severe profit margin pressure in the crypto mining industry.Summary
Bitmain, the leading ASIC manufacturer, has reportedly slashed prices across several generations of its mining hardware, including the S19 and S21 series, in response to severe turmoil in the cryptocurrency mining sector. Discounts were substantial, with newer immersion-cooled S21 ASICs offered at $7 per terahash-second (TH/s), and some bundles auctioned with buyers naming their own price. These price cuts reflect the harsh economic realities facing miners, as hashprice has dropped to a multi-year low near $35 per TH/s/day, falling below the typical $40/TH/s/day breakeven point. The industry is further strained by the April 2024 halving, rising energy costs, regulatory hurdles, and a surprising downturn in Bitcoin's price in late 2025, which crashed from a high of over $126,000 to $80,000, leaving BTC prices lower than they were at the start of 2025.
(Source：Cointelegraph)