With persistently high network hashrate and weak cryptocurrency prices, Bitmain has significantly lowered the prices of its Bitcoin mining machines.

[Bitmain Significantly Reduces Bitcoin Mining Machine Prices Amid High Network Hashrate and Weak Bitcoin Prices] According to Mars Finance on December 27th, TheMinerMag reported that Bitmain has recently significantly reduced the prices of its Bitcoin mining machines, with many S19/S21 series models entering a "sell-off" price range. Internal pricing shows that the S19e XP Hydro and 3U S19 XP Hydro are as low as $3/TH/s, and the S19 XP+ Hydro is around $4/TH/s; the S21 immersion machine is around $7/TH/s, and the S21+ Hydro is around $8/TH/s. Previously, the company launched an S19 XP+ Hydro bundled package, equivalent to approximately $4/TH/s, and in November, it adopted an auction-style sales model for the S19k Pro with a starting price of $5.5/TH/s. Analysts point out that as network hashrate remains near historical highs while Bitcoin prices have declined, hashrate prices are hovering near multi-year lows, increasing pressure on the mining industry. This environment has squeezed miners' profit margins, reduced demand for new equipment, especially for inefficient models, and intensified competition between ASIC miner manufacturers and secondhand market sellers.