Spot prices for new bitcoin mining hardware hit five-fold premium amid global chip shortage

Quick Take

  • The spot price premium of bitcoin mining hardware over their preorder prices has likely never been this steep
  • While bitcoin miners’ five-fold premium is in line with bitcoin’s price rally since November, a global chip shortage adds to the ongoing supply and demand imbalance
The latest spot stocks of the most powerful bitcoin miners are being quoted with a whopping 5X premium compared to their preorder prices.

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Oct 15, 2021, 2:54AM UTC