Home » Bitcoin Mining Suppliers Increase Efforts to Meet Rising Product Demand

Bitcoin Mining Suppliers Increase Efforts to Meet Rising Product Demand

Chinese mining companies have increased efforts to meet the rising demand for mining mashines amid bitcoin price skyrocketing this year.
news - Bitcoin Mining Suppliers Increase Efforts to Meet Rising Product Demand

Chinese mining companies have increased efforts to meet the rising demand for mining machines amid bitcoin price skyrocketing this year.

news - Bitcoin Mining Suppliers Increase Efforts to Meet Rising Product Demand

The bitcoin mining suppliers have seen their export business enter a peak, with some mining machines already sold out. North America and Central Asia were the main sources of the surge in demand.

Canaan Creative, one of the world’s largest mining hardware manufacturers, said that they had seen a jump in orders since 2020. The bitcoin mining machine manufacturer company’s presale mining machines to the North American market alone have reached about 120,000 units, rose by 17 percent from the middle of February.

Bitcoin price has grown more than 35 percent since March and nearly 110 percent since the beginning of the year. The cryptocurrency price shot up to hit a new record of over $60,000 over the weekend.

Have your say!

0 0

Leave a Reply

Your email address will not be published.

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

Lost Password

Please enter your username or email address. You will receive a link to create a new password via email.

Sign Up

ajax-loader