News

Bitmain’s Filecoin Mining Machine: Affordable Price, High Performance

Key Points:

  • Bitmain, the leading manufacturer of Bitcoin mining machines, has entered the Filecoin field for the first time with its new mining machines.
  • Each Filecoin mining unit is priced at $38,888 and offers 4,300 T, along with a delegated staking service fee rate as low as 0.5% per month.
  • Last year, Bitmain announced that its latest HNS HS3 mining machine was sold out in 27 seconds, the price is $2092/unit, and the indicators are 9T 2079W and 231J/T
Bitmain, the largest Bitcoin miner, enters the Filecoin field with new mining machines. Start mining with 4,300 T and 0.5% monthly service fee.

Bitmain, the largest Bitcoin mining machine manufacturer, announced the launch of Filecoin mining machines, entering the Filecoin field for the first time; each unit is priced at $38,888 with 4,300 T, and the delegated staking service fee rate as LOW as 0.5% per month; sales will begin on July 21.

On December 21 last year, Bitmain announced that its latest HNS HS3 mining machine was sold out in 27 seconds, the price is $2092/unit, and the indicators are 9T 2079W and 231J/T.

On December 20, the HNS Blake2B+SHA3 air-cooling miners went on sale, and they were quickly purchased. According to the Bitmain website, each buyer may only purchase five units.

Bitmain Technologies Ltd. is a privately owned company headquartered in Beijing, China, that designs application-specific integrated circuit (ASIC) chips for Bitcoin mining—in June 2021, it suspended spot delivery of sales of machines globally, aiming to support local prices following Beijing’s crackdown.

Bitmain was fined about $3.55 million by the Beijing tax bureau in April. The fine was mainly for unpaid personal income taxes. According to the “Tax Collection and Administration Law of the People’s Republic of China,” the unit shall withhold and pay individual income tax for benefits such as travel subsidies to employees.

Coincu previously reported that bankrupt cryptocurrency lender Celsius seeks to raise $14 million by selling Bitmain mining vouchers. Bitmain purchases 10%-30% discount coupons, as well as points generated when buyers pay in installments.

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.

Thana

I am a news editor at Coincu, where I produce daily editorial packages and manage the knowledge and review article sections. Before journalism, I earned a Bachelor's degree in Global Logistics and Supply Chain Management from Northampton University and studied news journalism at Press Association Training.

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