Cryptocurrency mining machines available for purchase at Singapore malls

Cryptocurrency miners in Singapore can now buy mining machines in shopping malls as more computer hardware retailers enter the booming market. In addition to traditional consumers such as PC gamers, computer retailers have taken a different approach and targeted cryptocurrency miners as a consumer group, all thanks to the attraction of high returns on cryptocurrencies.

According to a local report, at least five computer retail stores in Singapore's Sim Lim Square currently sell cryptocurrency mining machines. The six-story building, which mainly attracts tourists from all over Asia, is famous for its cheap electronics, shopping discounts, and numerous computer parts and service stores. However, in addition to counterfeit mobile phones and gaming laptops, Singaporeans now want more cryptocurrency-related hardware, and some local stores have begun selling cryptocurrency mining machines.
Wilson Josup, a shop owner, started selling mining machines six months ago. He could only sell one or two per week at first, but now sells an average of about ten per week. He said that according to customer feedback, the mining machine, which costs 4,000 Singapore dollars (about 20,000 yuan), can earn about 400 Singapore dollars per month if it operates non-stop. The shop owner told the South China Morning Post that customers who buy mining machines include young people in their 20s and elderly people of retirement age. He said: "Most of my customers ask me to move the mining machines from their homes to data centers because they don't like the huge heat and noise generated when the mining machines are in operation." He added that the profit margin of each mining machine is about 10%.
Another shop owner, Trecia Tay, said that although she has not yet started selling mining equipment, she now receives about 10 inquiries about the equipment every week.
For many companies in Asia, Singapore is the global regulatory, financial and logistics center. When the Chinese government began to threaten to clamp down on Bitcoin-related activities under its jurisdiction, some Chinese companies officially moved to the island nation, including Bitcoin exchanges and mining farms. If Singapore continues to provide a suitable and stable regulatory environment, the country will continue to benefit from this trend.
The incident also highlights the problem of cryptocurrency miners gathering in the global computer retail market. In response, GPU manufacturer Nvidia recently asked its retailers to take measures to ensure that its products go into the hands of gamers rather than miners.
Judging from the current situation in China, it is unlikely to buy cryptocurrency mining machines in shopping malls like in Singapore. But if you can, would you go to the mall to buy them? Welcome to share your views with us.