You haven't heard of auction-style mining machine transactions yet. Come to the LBU mining machine mall, and you have the final say on the price of the mining machine!

Miners who have bought mining machines know that comparing performance, determining machine models, and finding suppliers usually do not take up too much time and energy. The most frustrating part of mining machine transactions is actually the price of the mining machine. As a buyer, you naturally want to buy the mining machine at the lowest possible price, and as a seller, it is reasonable to stick to the price and strive for maximum profit.

According to incomplete statistics, for every mining machine transaction, the buyer and seller usually spend more than half of their time on the long-term price war.

Since the price of mining machines fluctuates with the market conditions in the secondary market, it is often the case that the price of a mining machine sold today drops by several hundred yuan per unit tomorrow . In market research, the vast majority of miners feel that they have bought their mining machines at too high a price and are very concerned about it.

The emergence of LBU Mining Machine Mall, through the B2C platform model, breaks the information asymmetry in the industry, so that the price of each mining machine transaction can be locked in the most suitable range of the entire network. However, this still cannot satisfy all miners on the LBU platform.

Therefore, with the continuous iteration of the LBU mining machine mall, the operation team came up with a way to fundamentally solve the price differences between buyers and sellers, which is the "mining machine auction" trading model. In the mining machine auction model, the price of the mining machine is determined by the joint bidding of all miners on the entire platform. No matter how much the market price of the mining machine is, the highest bid within the deadline will be used in the end.

Therefore, the mall launched the mining machine auction business line simultaneously with the launch of the LBU mining machine mall app in early December. Since the auction began, miners have been unprecedentedly enthusiastic about participating in the bidding, and there have been many cases where the prices have far exceeded the miners' expectations.

On December 19, five Shemma M21S mining machines participated in the auction on the LBU mining machine mall, and were finally sold at an auction price of only 6,500 yuan. The net profit of the bidding miners in a single auction exceeded 33,000 yuan.

On December 19, two Ant Power Supplies were auctioned and sold for only 101 yuan, which was less than 10% of the market price.

On December 23, the new Antminer T17 all-in-one machine was auctioned and sold at a price of 910 yuan, with the miners making a profit of more than 80%.

On December 23, two brand new Ant S17-PRO (50T) mining machines participated in the auction and were sold on the LBU platform for 5,301 yuan. The actual market price of the mining machine exceeded 24,000 yuan, and the bidding miners made a net profit of 19,000 yuan.

These actual transaction cases are far beyond the scope of normal market prices, but the LBU platform will still act as a middleman to urge sellers to fulfill transaction contracts and ensure the delivery quality of mining machines. Most auction transactions are still completed at prices slightly lower than the market price.

Many miners do not understand the business logic behind the mining machine auction. Why would merchants be willing to sell mining machines at prices lower than the market price?

In fact, the essence of auction is to take advantage of the miners' expectations and make deals with merchants in the form of concessions. Of course, there is also an element of luck in this process. When the market is down, miners generally lack confidence. Auctions can allow some miners who are waiting to see to participate decisively, increase sales, and help merchants recover funds as soon as possible.

As a psychological pricing rule, the transaction price of auction is not necessarily 100% lower than the market price. When the market is bullish, miners will compete for mining machines, thus forming a positive premium. Auctions can also allow merchants to sell mining machines at a better price.

From the current perspective, the mining machine auction model allows users to decide the price of mining machines themselves, which is the most ideal mining machine transaction model in the market.

If you are still haggling with dealers over price issues, why not come to the LBU Mining Machine Mall to participate in the mining machine auction? Just bid according to your budget, and maybe you can get a deal?

How much the mining machine is worth? You have the final say on the LBU Mining Machine Mall.