What is the Antminer S9 (how much does the Antminer S9 cost now)?

What is the Antminer S9? The cost of Bitcoin mining is very high. In 2017, Bitmain started producing its own products. Now, there are various types of mining machines on the market. However, due to the high volatility of coin prices (such as the extremely expensive price of Ethereum), it is difficult to achieve high efficiency. Therefore, many users do not know which type of machine they are buying, or they just sell them as ordinary products.

However, this type of product is still relatively difficult to obtain, as most people know how the market prices work. If things continue like this, we must consider how long it can continue to rise and how long it will fall. This uncertainty is different for most people, and some may even believe that its price will decrease, but the specific reason cannot be confirmed at the moment.

How much does the Antminer S9 cost now?

How much does one Antminer S9 cost now?

According to the official website data, starting from November 15, 2019, the prices of S9 series products have been continuously rising. As of now, the quoted price is 22.99 yuan per unit. In the past 7 days, the difficulty of Bitcoin mining has increased by more than 10%, reaching a historical high of 17.78T. Due to the economic impact caused by the COVID-19 pandemic, the global economic situation deteriorated in June this year, and governments around the world have taken severe measures against cryptocurrency mining. With the continuous strengthening of domestic policies, market demand has increased.

According to incomplete statistics, the sales of Antminer reached 3.15 billion yuan by the end of 2017. In early 2018, Antminer announced the launch of S19Pro (2020 model), and it was officially released in mid-December. Since the end of 2017, the sale price of Antminer has doubled.

According to the official description of Antminer, approximately 200,000 Antminer machines will be delivered in the first three quarters of 2021. Among them, it is estimated that the total computing power in the first quarter of 2020 will be about 4EH/S, and more than 20 million mining machines will be put into operation in the third quarter. By mid-2019, about 3,000 machines had been delivered. Therefore, from the end of October last year to now, the average network computing power has been decreasing, but this trend has not changed. In May 2020, Antminer announced the latest development: the price of Antcoin has increased by over 100% in the third quarter of 2020.