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Tuesday

26 January 2021

Bitcoin's Rise Causes Shortage of Mining Rigs, Most Units Sold Out, Miners Concerned About Supply | Mining Bitcoin News

Bitcoin's Rise Causes Shortage of Mining Rigs, Most Units Sold Out, Miners Concerned About Supply | Mining Bitcoin News


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Bitcoin's Rise Causes Shortage of Mining Rigs, Most Units Sold Out, Miners Concerned About Supply.

However, obtaining bitcoin mining rigs isn’t so easy these days, and regional reports from China indicate a great number of ASIC manufacturers are sold out for months.

Moreover, because of the clear shortage, bitcoin mining rigs being sold on secondary markets have seen values increase by 30-40% per machine.

Just recently, Chinese financial columnist, Vincent He, reported that while BTC prices are skyrocketing, “bitcoin miners are sold out.” The report from China notes that presently both “new and old bitcoin mining machines have gained a 30-40% increase” in value.

While looking at the major ASIC mining rig manufacturers’ websites one can see that most units are indeed sold out.

Nearly all the top bitcoin mining manufacturers worldwide that produce ASIC rigs seem to be out of stock for at least a few months.

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