Monday Mining Metrics: Labor Day Sale, 7¢ Hosting!

Bitcoin Mining Update - 9/4/23

7 Cent Hosting Available for a Limited Time

Our Labor Day promotion is about to end! If you purchase an ASIC before the end of the day tomorrow, you will secure a 7¢ per kWh hosting rate. This will lower your monthly operating costs by 12.5% compared to an 8¢ rate; factor that across a few dozen machines and you’ll save thousands of dollars each month.

This offer is valid regardless of order quantity; 1 ASIC or 100 ASICs, 7¢ for all.

For more information and/or bulk orders, contact sales@blockwaresolutions.com. If you’re already signed up to trade on our Marketplace, feel free to purchase machines there!

Negative Difficulty Adjustment Projected

After the previous difficulty adjustment of +6%, miners are due for some well earned relief as a -1.6% adjustment is projected to occur this week.

ASIC Bidding

Below is the current spread between bids and asks as of 9/4/2023.

Green dots = ask

Orange dots = bids

Spot ASIC Pricing

Below are the lowest current listing prices (asks) on the Blockware Marketplace for a variety of popular ASIC models, including the week-over-week change:

Machine prices have effectively gone unchanged since the past week. The large increase in the S19j Pro price is a result of a low priced machine that sold very quickly the previous week.

Antminer S19j Pro (+17%)

• $1,400 (0.0455 BTC)

• $12.4 / T

Antminer S19j Pro+ (+0%)

• $2,249 (0.0995 BTC)

• $18.75 / T

Antminer S19 XP (+0.8%)

• $4,500 (0.1709 BTC)

• $31.65 / T

Whatsminer M30s++ (+0.4%)

• $1,375 (0.0524 BTC)

• $13.4 / T

Whatsminer M50 (+0%)

• $2,880 (0.1103 BTC)

• $24 / T

The chart below compares the final sales price for the past two weeks, for each model.

Bulk ASIC Pricing

Contact sales@blockwaresolutions.com or reach out here.

---

All content is for informational purposes only. This Blockware Intelligence Newsletter is of general nature and does consider or address any individual circumstances and is not investment advice, nor should it be construed in any way as tax, accounting, legal, business, financial or regulatory advice. You should seek independent legal and financial advice, including advice as to tax consequences, before making any investment decision.