News & Insights: Mining Machine Price Decline
Did the price of ASICs come down enough to start buying?
Just like the price of Bitcoin, the price of mining machines are cyclical. Due to a production lag, your projections made at time of purchasing the ASICs might be totally off at the moment you can finally plug them in. Think of the scenario that you bought an Antminer S19j Pro for $10,000 end of October last year, when hashprice (expected value of 1 TH/…