Monday Mining Metrics: S19 XP Giveaway

Bitcoin Mining Update - 9/18/23

S19 XP and 12 Months of Free Hosting Giveaway

To celebrate the Blockware Marketplace’s now seamless on-boarding process, we are giving away a free Antminer S19 XP and 1 year of hosting.

In order to enter the giveaway (~ $7,000 value today), you must complete the following three steps.

1. Sign up for the Blockware Marketplace

2. Complete the 2 onboarding steps

3. Like & RT this tweet

Additionally, purchasing an ASIC on the marketplace gives you 10 additional entries. Deadline for entries is EOD Friday, September 22nd, 2023.

Negative or Flat Difficulty Adjustment Projected

After starting the epoch off slow, blocks have come in faster this past week and now difficulty is projected to increase by ~5.7%; putting it at a new all-time high.

It’s impossible to understand just how important it is to use the most efficient Bitcoin mining rigs possible.

Antminer S21

Speaking of efficient ASICs, the next generation Bitmain, the S21, is set to hit the market in the first half of 2024. The full specs are to be announced this week at the World Digital Mining Summit in Hong Kong. As of right now we know that this machine will be under 20 J/Th.

Blockware is accepting pre-orders for this machine. Reach out for more information on MOQ, specs, etc. (sales@blockwaresolutions.com)

ASIC Bidding

Below is the current spread between bids and asks as of 9/18/2023.

The ‘ask’ for the S19 XP is down to ~$4,300. Furthermore, this weekend’s rally in the price of BTC has pushed the BTC-denominated ask prices down, with the M50 reaching close to .09 BTC.

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:

Antminer S19j Pro (+12%)

• $1,250 (0.0439 BTC)

• $13 / T

Antminer S19j Pro+ (-2.2%)

• $2,484 (0.10 BTC)

• $20.7 / T

Antminer S19 XP (-4.5%)

• $4,299 (0.1788 BTC)

• $30.48 / T

Whatsminer M30s++ (+0%)

• $1,375 (0.0546 BTC)

• $13.4 / T

Whatsminer M50 (+0%)

• $2,500 (0.099 BTC)

• $20.8 / T

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.