Crypto mining hardwarevendors in China are delighted these days seeing the price of their secondhand mining machines doubled as a result of the recent bitcoin rally. In theeye of Zhang Xilin, a mining equipment vendor in Huaqiang North – China’s No.1 electronics street and world’s largest distribution center of mining rigs, this April is their golden month in the past six months.
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Whatever the reason, we are seeing an influx of mining equipment hitting the second hand shelves in China. This is evidenced by the number of listings that have been showing up on second hand sites. These rigs were the type that were typically used for the mining of various Altcoins with only a few Bitcoin ASICs going on the market.
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A lot of Chinese cryptocurrency enthusiasts are ditching their mining equipment. This trend has become apparent since a few weeks ago. Every day, more listings show up on second-hand marketplace websites. So far, it appears most of the hardware being sold related to altcoin mining.
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Crypto mining hardware vendors in China are delighted these days seeing the price of their secondhand mining machines doubled as a result of the recent bitcoin rally. In the eye of Zhang Xilin, a mining equipment vendor in Huaqiang North – China’s No.1 electronics street and world’s largest distribution center of mining rigs, this April is their golden month in the past six months.
Get Price
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ChinaGoldMining Equipmentmanufacturers - Select 2020 high quality GoldMining Equipmentproducts in best price from certified ChineseMiningMachine manufacturers, Mineral Processing Machine suppliers, wholesalers and factory on Made-in-China.com
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