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The circulating supply of secondhand bitcoin mining equipment in China has been spiking after state-owned power grids were ordered to cut supply for bitcoin mining farms earlier this month. On-chain data shows that about 50 exahashes per second of computing power on the bitcoin network has gone offline since Xinjiang and Sichuan – the two top
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With China’s cryptocurrency crackdown, we’ve been hearing about GPUs previously employed in mining setups being sold second-hand, but for those feeling tempted to pick up what might seem like
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While bitcoin miners in China have been scrambling, second-hand markets offering cryptocurrency mining rigs from ASICs to GPUs have been exploding with an excess surplus.
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