Prices of ASIC machines used to mine cryptocurrencies like Bitcoin and Ethereum grew by roughly ten percent each week in 2021. Mining firms such as Riot Blockchain, Core Scientific and Marathon Patent Group bought several tens of thousands of machines each over the course of 2020, which led Bitmain - a Chinese manufacturer of Bitcoin ASIC equipment - to sell out through August 2021. As Bitcoin prices grew in 2021, the also increasing demand for mining equipment along with the already-existing shortage on the market led to a significant price increase on ASIC mining rigs.
Global price development of ASICs (application-specific integrated circuits) from January 7, 2019 to March 22, 2021
(in U.S. dollar per terahash)
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Website (HashrateIndex). (March 25, 2021). Global price development of ASICs (application-specific integrated circuits) from January 7, 2019 to March 22, 2021 (in U.S. dollar per terahash) [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/1224131/cryptomining-rig-price-development/
Website (HashrateIndex). "Global price development of ASICs (application-specific integrated circuits) from January 7, 2019 to March 22, 2021 (in U.S. dollar per terahash)." Chart. March 25, 2021. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/1224131/cryptomining-rig-price-development/
Website (HashrateIndex). (2021). Global price development of ASICs (application-specific integrated circuits) from January 7, 2019 to March 22, 2021 (in U.S. dollar per terahash). Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/1224131/cryptomining-rig-price-development/
Website (HashrateIndex). "Global Price Development of Asics (Application-specific Integrated Circuits) from January 7, 2019 to March 22, 2021 (in U.S. Dollar per Terahash)." Statista, Statista Inc., 25 Mar 2021, https://www.statista.com/statistics/1224131/cryptomining-rig-price-development/
Website (HashrateIndex), Global price development of ASICs (application-specific integrated circuits) from January 7, 2019 to March 22, 2021 (in U.S. dollar per terahash) Statista, https://www.statista.com/statistics/1224131/cryptomining-rig-price-development/ (last visited December 21, 2024)
Global price development of ASICs (application-specific integrated circuits) from January 7, 2019 to March 22, 2021 (in U.S. dollar per terahash) [Graph], Website (HashrateIndex), March 25, 2021. [Online]. Available: https://www.statista.com/statistics/1224131/cryptomining-rig-price-development/
