Below the $3800 bitcoin mining machine market crash

Beijing daily news (reporter Cui Qibin Zhang) continues to fall. According to the fire Global currency market, following the November 23rd fell below $4500 after November 25th, bitcoin prices fell again rapidly in a short time, fell to $3733, at present, bitcoin has fallen more than 12% days, price at around $3800, about 26 thousand yuan, this is bitcoin at the lowest level since September 2017. In bitcoin mining has fallen below the cost price case, investors have to leave.

Beijing Daily reporter learned that, at present the most mainstream mill mill ant S9i as an example, the mine power is 1365W, power consumption 32.76 degrees, according to the electricity 0.4 yuan / kWh, combined with the proportion of the whole network is down, without considering other maintenance cost, bitcoin mining cost is 36 thousand yuan.

That is to say, the current mining has become a losing proposition, it is so hard to find a machine of mine had been changed to scrap”.

“I started from 2014 to 2015, mining, mining and barely able to reach a stable income in 2016, earned the first pot of gold, in 2017 started its business, the market is not good this year, I started batch ore cleaning machine last month, the rest of the mill are disposed of.” A machine operators said in telling her story, “I get money from the money ring, improve the life, but did not earn a lot of money. Friends by selling machine bought Land Rover, villa, but this did not close hand, lose out.”

Beijing Daily reporter access to its sales platform, the price once reached 7000 yuan and its ant S9i now the price of only 1500 yuan.

It is worth mentioning that, before bitcoin prices rose driven, its market demand is almost exponentially, even due to insufficient capacity, the market was in short supply, its price will rise, profiteering birth, Scarlett, Yun Chi Nan, bit and Tianhe International rapid rise, has become a giant machine manufacturing field. This year, the companies are listed on the application, but did not have a success, one of the major factors is difficult to guarantee profit expectations.

(Editor: Angie Chiu)

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