Bitmain’s Pricing Tactics: A New Era for Crypto Mining
Bitmain is shaking things up in the crypto world with a pricing strategy that’s quite different from anything we’ve seen before. As the crypto environment shifts and miners face challenges, Bitmain’s decision to let buyers set their own prices signals a change that could reshape the industry. Let’s break down how this could affect crypto mining’s future, the potential pivot towards AI, and what it means for sustainability.
The Struggles Facing Bitmain and the Crypto Industry
Bitmain is currently contending with serious market pressures. The hash price, a crucial indicator of expected income based on power consumption, has dropped to nearly $35 per terahash per second (TH/s), which is below the breakeven mark of $40/TH/s/day for…
