The demand for Bitcoin mining device maker Bitmain has reached serious levels and there is almost a machine shortage. Although the company has made a 100 percent price hike, it cannot keep up with the demands.
The cryptocurrency mining device manufacturer Bitmain had set May 2021 as the earliest order delivery time as of December. Although we are still at the beginning of January, it was learned that the order book of the company until August was also filled. So, if a device is ordered right now, the earliest delivery is by September 2021.
100 percent increase since November
On the other hand, prices are also sold with 100 percent increase. Antminer S19, which was priced at $ 1897 in November, is sold at $ 3769 today, with a 98 percent increase.
Big increase in second hand prices
The demand for new devices peaked after 2017 and there was a shortage of machinery, which led to a great increase in the second-hand market.