Cryptocurrency Miners' Prices Rise Driven by BTC Growth
Main page News, Mining, Bitcoin

According to the results of the first quarter of 2023, the cost of equipment for cryptocurrency mining recorded an increase of between 15% and 20% and, in some cases, up to 30% due to the increase in the price of Bitcoin.

During Q4 2022, the average price of ASIC miners was reportedly around $1,300-1,800, while by early Q2 2023 it had risen to $1,500-2,000.

Subscribe to our Telegram channel to get daily short digests about events that shape the crypto world

Energy-efficient flagship models remain popular in the market, including Whatsminer's M30S+, M30S++, M50S+ and Antminer's S19, S19 Pro, S19 XP.

In addition to the 79% Bitcoin price increase since the beginning of the year, the dollar exchange rate, the number of devices purchased and other factors also affect the final cost of equipment.

Read also:
Please describe the error
Close