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Bitcoin mining rigs on fire sale as cryptocurrencies crash


The continued meltdown in the global cryptocurrency market has forced bitcoin mining hardware suppliers to sell off their machines at fire-sale prices.

Canaan Creative, the world’s second biggest maker of cryptocurrency mining rigs, has already put all its Avalon-brand equipment on sale at US$200 per unit, according to company representative Steven Mosher in an email on Friday.

SCMP , Tech , Start ups , Gear , Blockchain , Business , China Business

   

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