Paul Vigna / Wall Street Journal:

The most efficient bitcoin mining machines are selling for ~$24 per 100 terahashes, down from ~$106 in 2021, as unprofitable miners are forced to sell equipment  —  Unprofitable miners have become forced sellers of their own crypto equipment  —  There's a fire sale on bitcoin-mining hardware.

Paul Vigna / Wall Street Journal:

The most efficient bitcoin mining machines are selling for ~$24 per 100 terahashes, down from ~$106 in 2021, as unprofitable miners are forced to sell equipment  —  Unprofitable miners have become forced sellers of their own crypto equipment  —  There's a fire sale on bitcoin-mining hardware.

Source: TechMeme
Source Link: http://www.techmeme.com/221105/p16#a221105p16