Bitmain has sharply reduced prices across a wide range of Bitcoin miners—from outdated models to the latest rigs. The manufacturer's price lists now include offers starting at $3 per TH/s for certain variants and bundle deals at $4 per TH/s for the S19 XP+ Hyd combined with the ANTRACK V2 container. At the same time, the company promotes hosting services in multiple countries and indicates possible equipment shipments in January 2026.
Reasons for Bitmain's Miner Price Cuts
Pressure on Miner Profitability
As of mid-November, the hash price remains below $40 per PH/s per day, impacting miners' profitability and demand for new equipment. With a low hash price, even energy-efficient rigs lose some economic advantage, forcing sellers to adjust prices.
Declining Demand and Overstocked Warehouses
Price lists obtained by publications show that discounts are not limited to one-time promotions—the manufacturer offers reduced prices across various models, indicating a desire to clear inventory. Simultaneously, the market is influenced by secondary sales and competition among ASIC rig sellers.
Competition Among Manufacturers
Increasing competition among manufacturers and sellers also pressures pricing: producers adjust offers to accelerate equipment sales and maintain market share. This is evident in price reductions for both older and newer product lines.
New Bitmain Equipment Prices
- The bundle of 1×ANTRACK V2 + 4×Antminer S19 XP+ Hyd was offered at $4 per TH/s; this model delivers energy efficiency of 19 J/TH.
- Antminer S19e XP Hydro and 3U S19 XP Hydro were priced starting at $3 per TH/s.
- Next-generation miners: immersion-cooled Antminer S21 priced at $7 per TH/s, and S21+ with hydro cooling at about $8 per TH/s; energy efficiency of these variants is around 12 J/TH.
- Earlier, in late November, Bitmain auctioned Antminer S19 k Pro starting at $5.5 per TH/s.
These prices are reflected in client-distributed sheets and separate sales packages, making the offers visible to both wholesale and retail buyers. Mid-article, it's worth noting that details and market reactions are discussed in the piece on discounts on S19 and S21, which includes additional examples of price adjustments.
Purchase and Hosting Terms
- Equipment shipment is indicated as possible in January 2026, an important factor when planning purchases.
- Bitmain offers hosting options in the USA, Kazakhstan, Brazil, Paraguay, and Ethiopia at rates of $0.055–0.07 per kWh.
- A management fee of $0.03 per kWh is added to hosting, as specified in the manufacturer's offers.
Current Mining Market Situation
The network's computational power remains high—the hashrate is near record levels despite equipment price drops. Meanwhile, the hash price hovers at multi-year lows, and on December 25, network difficulty increased slightly by 0.04% after several downward adjustments.
Why This Matters
For miners operating one or several hundred devices, price reductions mean the opportunity to upgrade or expand their fleet with lower capital investment. However, energy efficiency of each model must be considered: S19 XP+ Hyd at 19 J/TH, S21 around 12 J/TH, directly affecting mining costs under current electricity rates.
If considering hosting, the stated rates of $0.055–0.07 per kWh plus a $0.03 management fee should be combined with other expenses to understand the real hosting cost per kilowatt. Also important are delivery timelines: some offers specify shipments in January 2026, influencing the launch schedule of new capacity.
Beyond commercial factors, reputational and regulatory aspects should be noted: Bitmain is named in a US authorities investigation, which appears in public reports and may be relevant for corporate buyers and logistics considerations.
What to Do?
- Evaluate purchase profitability by comparing energy efficiency (J/TH) and the current hash price below $40 per PH/s with your electricity costs.
- If considering bundle deals, factor in the January 2026 shipment date and total cost of ownership including energy efficiency.
- Check hosting options in the listed countries and rates of $0.055–0.07/kWh plus $0.03 fee to compare with local electricity tariffs and logistics challenges.
- Compare Bitmain's offers with alternative models and the secondary market; for profitability insights, see reviews of the most profitable equipment.
- When planning purchases, remember discounts apply to various models, including outdated ones, and select equipment with the best price-to-energy-efficiency ratio for your scale.