Bitmain stops selling spot mining machines and moves all its mining machines overseas

Wu Blockchain learned that Bitmain told miners on the 22nd that due to the recent influx of second-hand machines into the market, Bitmain temporarily stopped selling spot machines in order to ease customer shipment pressure. In addition, Bitmain has announced a full overseas transfer, and some mid- and senior-level employees are moving overseas. The rumor that Bitmain cut orders for 5nm chips due to the recent price drop is untrue. Due to the sharp drop in the computing power of the entire network, the shutdown price of S19 is already below US$7,000.