February 6, 2020

Coronavirus epidemic in China leads to higher prices for ASIC miners

According to Canaan sales director Chen Feng, the coronavirus epidemic will trigger a rise in prices for ASIC miners.


Already at the moment, many manufacturers of mining equipment must adjust the assembly schedules, as well as the supply of equipment for the products.

Moreover, the largest equipment manufacturers warned buyers at the end of 2019 that in connection with the growing epidemic in China, there may be disruptions in the supply of equipment.

Feng notes that in February and March, the price of devices will increase significantly. The rise in price of products will occur due to the costs associated with the delivery of components, as well as finished products.