December 9, 2022

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More on Bitmain suspending sales of crypto mining machines

1 min read

Bitmain is China’s largest maker of cryptocurrency mining machines

  • said it had suspended sales of products in the spot market (earlier headline on this is here) 
  • to ease selling pressure on the secondary market

This comes of course after China’s crackdown on crypto mining. Makes ya think … perhaps demand from the domestic market dried up for their product? Dunno. 

Bitmain adds that it is looking for quality power supplies overseas along with its clients.

Bitcoin update:

Bitmain is China's largest maker of cryptocurrency mining machines

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