Prices for mining equipment continue to fall since the beginning of November

Compared to last year’s peak, bitcoin miners are now selling off at significant discounts.
According to market research, bitcoin miners with less than 38 J/Th now have a global average price of $20.01/Th, which means they have fallen 3% since the beginning of November. This category includes the Antminer S19, S19j and S19 Pro from Bitmain, Whatsminer M30s, M30s+ and M30s++ series from MicroBTC.
Mining equipment with an efficiency index from 38 J/Th to 68 J/Th has a price of $13.06 per Th, which is 5.8% less than at the beginning of this month. We are talking about Antminer S17 and T17 series from Bitmain, and Whatsminer M20, M21 and M32 series from MicroBTC.
Compared to the peak prices of bitcoin miners at the end of last year, the decrease in the price of mining equipment in general is now about 80%. The downward trend in bitcoin miner prices began in January of this year and has remained unchanged until now, leading to a return to price levels for such equipment that were last seen at the beginning of the COVID-19 pandemic in 2020.
At the same time, there are active transactions to buy and sell mining equipment and inclusions it already in operation by new owners – this is indicated by the fact that the bitcoin hash rate continues to be near historic highs. Over the past 12 months, it has grown by 70% and about 100 Eh of capacity has been added.

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