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Bitcoinist

Bitcoin Mining Crash: Bitmain Slashes Hardware Costs To Stay Afloat

Based on reports from industry outlets and internal pricing lists, Bitmain has sharply reduced the asking prices for several of its Bitcoin ASIC models, a move tied to falling mining revenue and bloated inventory. Related Reading: Bitcoin's Long Game Is Winning, Even If The Short Term Looks Messy--CEO The cuts place some high-end units near [...]

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