Bitmain Slashes ASIC Prices Amid Mining Industry Downturn
Bitmain is slicing costs aggressively throughout a number of generations of Bitcoin mining {hardware} as strain builds throughout the mining sector, in keeping with latest promotional campaigns and inner tariffs circulated to clients.
Key Takeaways:
- Bitmain is slashing costs throughout older and newer ASIC fashions to clear stock amid weak mining economics.
- Discounted offers have pushed some S19 and S21 machines to as little as $3–$4 per terahash, with deliveries scheduled into 2026.
- The firm is pairing {hardware} gross sales with internet hosting providers to stimulate demand and transfer tools.
The reductions span each older fashions and newer-generation machines, signaling a broad effort to clear stock as mining economics stay strained, in accordance to a report by TheMinerMag.
In late December, the world’s largest ASIC producer started promoting bundled offers and manufacturing facility reductions that might have stood out as distressed gross sales earlier within the cycle.
Bitmain Offers S19 XP+ Hydro Miners at $4/TH in Discounted Bundle Deal
One promotion dated Dec. 23 supplied a package deal of 4 S19 XP+ Hydro items paired with an ANTRACK V2 container, implying an efficient value of roughly $4 per terahash for the 19 J/TH machines.
Shipments for that batch are scheduled to start in January 2026, suggesting Bitmain is prepared to lock in low pricing effectively forward of supply.
The transfer adopted a separate auction-style sale in November for the air-cooled S19k Pro, a 23 J/TH mannequin. That sale opened with a beginning bid of $5.5 per terahash and allowed consumers to submit their very own pricing.
Final transaction values have been decided after the bidding interval closed, with deliveries slated for December 2025.
Discounting seems to increase effectively past restricted promotions. Internal manufacturing facility tariffs shared with clients and reviewed by TheMinerMag present that as of Dec. 22, Bitmain was quoting costs as little as $3 per terahash for S19e XP Hydro and 3U S19 XP Hydro items, whereas S19 XP+ Hydro machines have been listed round $4 per terahash.
Even newer {hardware} has not been spared. S21 Immersion miners have been supplied at roughly $7 per terahash, whereas S21+ Hydro machines have been priced close to $8 per terahash earlier than the applying of coupons.
The pricing replace emphasised availability heading into year-end, pointing to a coordinated effort to stimulate demand.
Alongside {hardware} reductions, Bitmain has been pushing internet hosting providers as a part of a bundled gross sales technique.
Hosting charges shared with clients point out energy prices usually starting from 5.5 to 7 cents per kilowatt-hour throughout jurisdictions together with the United States, Kazakhstan, Brazil, Paraguay and Ethiopia, plus a further administration price.
The method suggests Bitmain is leaning extra closely on built-in gross sales to maneuver tools.
Record Hashrate, Low Hashprice Squeeze Bitcoin Miners
The value cuts come as Bitcoin’s community hashrate hovers close to report highs whereas the asset’s value has pulled again, retaining hashprice near multi-year lows.
That mixture has squeezed margins for miners and dampened urge for food for brand spanking new machines, notably much less environment friendly fashions, whereas intensifying competitors amongst producers and secondary-market sellers.
Meanwhile, Bitcoin’s network hashrate fell 4% in the month by way of Dec. 15, a growth that would set the stage for stronger value efficiency within the months forward, in keeping with analysts at VanEck.
“When hash charge compression persists over longer durations, constructive ahead returns are likely to happen extra usually and with better magnitude,” the analysts wrote.
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