Business Development Associate | Luxor ASIC Trading Desk
Buying slowed in July, and used bitcoin mining ASICs sold for bargain-bin prices.
Prices for older rigs like the S19j are falling as newly announced rigs like the S19j XP come to market.
After a wild May, we expect Bitcoin mining ASIC prices to decline for the rest of the quarter.
New-gen rigs are rising, but Antminer S19 XP prices have fallen 42% year-to-date.
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