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Bitmain Signals Market Trouble With Massive Discounts

4M ago‱
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Bitcoin mining machines are stacked like unsold inventory inside a massive warehouse. A Bitmain employee sits atop a pile of boxes.

Bitmain, the world's leading manufacturer of mining machines, has launched a series of exceptional discounts on its equipment, including its latest models. This decision comes in a context of strong pressure on the sector: decline in hashprice, bitcoin crash, profitability in decline. Far from a classic commercial strategy, this operation reflects the tensions that the mining ecosystem is going through. Thus, the market leader is looking to quickly clear its stock.

L’article Bitmain Signals Market Trouble With Massive Discounts est apparu en premier sur Cointribune.

4M ago‱
bullish:

0

bearish:

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