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Bitmain Launches New Coupon To Long-term Agreement Customers

Bitmain will launch a new Coupon to Long-term Agreement customers in September 2021, paying 100% for delivery batches with no cancellations and offering a 30% maximum order amount deduction.

Bitmain is providing special bonuses to its consumers to assist them in getting through difficult times. In July and August, the company issued two prize vouchers. The special Thanksgiving reward coupon will be available on Thanksgiving Day, allowing customers to express their gratitude.

LTAs for Non-fixed Price Sales and Purchase Agreements can receive 4% of the total payment amount, while LTAs for Futures Sales and Purchase Agreements can receive 2% of the batch’s total payment amount. The reward coupons will be distributed by November 30, 2022, at 15:00 UTC.

Rig prices of Bitmain have fallen by about 80% since September 2021. This is also the situation that other crypto miners like Core Scientific, Argo Blockchain, or Compute North are facing.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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Harold

Coincu News

Harold

With a passion for untangling the complexities of the financial world, I've spent over four years in financial journalism, covering everything from traditional equities to the cutting edge of venture capital. "The financial markets are a fascinating puzzle," I often say, "and I love helping people make sense of them." That's what drives me to bring clear and insightful financial journalism to the readers of Coincu.