BitFuFu orders 8,000 Antminer S19Pros from Bitmain

It is reported that the standardized computing power platform BitFu F u.com announced an additional order for 8,000 Ant S19Pro mining machines from Bitmain. This order will be delivered in the second half of 2021.

S19 Pro is Bitmain's latest flagship Bitcoin mining machine. As the price of Bitcoin continues to hit new highs, the mining machine market is becoming increasingly popular, and it is difficult to find a machine. On February 22, BitFuFu officially announced a strategic partnership with Bitmain and became Bitmain's official standard computing power platform. The two parties will carry out in-depth cooperation in mining machines, mining pools, and mining farms. Although it is difficult to find a mining machine in the current market, the BitFuFu platform still maintains a stable supply of computing power.

Since BitFuFu and Bitmain officially announced their cooperation on February 22, the sales of BitFuFu platform have exceeded 10 million in 3 days. From the market point of view, both parties have invested a lot of resources in this cooperation. Ant Pool’s official website launched a home screen advertisement for BitFuFu and sent Ant Pool users exclusive cloud computing package packages to promote it in its community. BitFuFu also cooperated with many partners such as Cobo and F2Pool for joint publicity and promotion, and placed advertisements on major blockchain websites around the world, covering the core users of the computing market.

It can be seen on BitFuFu’s official website that many of its computing power packages are currently sold out. Although it has restocked many times, the short-cycle computing power packages are still in short supply. It can also be seen that users in the market currently have high expectations for the price increase of the currency in the short term.

The mining industry is about to enter the flood season, and the electricity cost of mining will be much lower during the flood season. The thermal power cost in Inner Mongolia and Xinjiang is about 0.3 yuan/kWh, while during the flood season, the hydropower cost in Yunnan, Guizhou, and Sichuan can be reduced to less than 0.2 yuan/kWh. The annual flood season is also the carnival season for miners, and it is also the golden period for various mining machine companies and computing power platforms to increase sales. Among cloud computing power platforms, the static return rate of BitFuFu mining machine packages has far exceeded other platforms, and it is expected that its computing power cost will be further reduced during this flood season, and its market share will be further expanded. This mining machine order is also expected to be BitFuFu's reserve for its later computing power supply.