Bitcoin mining machine weekly market analysis and quotation (2016-04-05)

According to the news on April 5, the price of Bitcoin was relatively stable last week, but the price of second-hand mining machines fell continuously. The main reason is that Bitmain issued a promotional activity of issuing coupons for Antminer S7. All customers who have purchased Antminer S7 before will receive a 1:1 coupon with a face value of 750 yuan, which can be used directly for the next purchase. (Bitmain: Antminer S7 users are issued a 750 yuan coupon). The price after using the coupon is about 700 yuan per ton, which has a greater impact on the price of second-hand mining machines. In terms of cost performance, Antminer S7 is still the king of cost performance.
Following the promotion of Antminer, Avalon A6 miner also adjusted its price, and the adjusted price is about 770 yuan per ton. It is understood that Avalon has limited inventory and no subsequent production plan. Whether this price reduction can achieve the effect of clearing inventory, Mining Network will continue to pay attention.

The following is the reference price for last week’s market conditions. The actual price shall be subject to the final transaction price.