Final 12 months, miners have been clamoring to signal advance contracts with Bitmain and its friends, MicroBT and Canaan, as a bull market despatched the bitcoin value to a file excessive, driving up manufacturing. Demand has since slowed and the worth of rigs has dropped from a mean of $68/TH on Jan. 1 to $20.8/TH on Sept. 20, Luxor Applied sciences information present.

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